Binance’s CEO suspects that recent DDoS attacks came from competing exchanges looking to damage Binance’s reputation rather than steal crypto. As Zhao told Cointelegraph on May 4, the April 29 attack was “well-coordinated” and focused on making Binance services unavailable in some countries of Asia. Competitors behind the attacks? Zhao emphasized that there are “a […]
Continue ReadingAmerican TON investors will be reportedly only eligible for an immediate 72% repayment instead of a 110% refund option in April 2021. Soon after missing the April 30 deadline to launch the Telegram Open Network (TON), Telegram sent another letter to its investors. In the new letter, Telegram reportedly said that American TON investors will […]
Continue ReadingUS Senator and former Bakkt CEO finally filed her financial disclosures after a four-month extension and an insider trading scandal, revealing that she is very rich indeed. Per her financial disclosures, filed the evening of May 1 after an extension in January, Loeffler’s assets are significant, as was her income as CEO of Bakkt. The […]
Continue ReadingSeveral major cryptocurrencies are facing selling at higher levels but the fact that traders are buying on the dips suggests further range-bound action is likely. Jefferies Greed & Fear email written by Christopher Wood recommends both retail and institutional investors buy Bitcoin (BTC) ahead of the upcoming halving which is less than eight days away. […]
Continue ReadingThe DeFi lending market MakerDAO has updated its governance protocols to prevent another occurrence of forced liquidations that lead to huge losses. The decentralized finance lending market Maker, like many crypto participants, suffered losses during the price collapse of “Black Thursday” on March 12. The price of Ether (ETH) declined by about 50% within 24 […]
Continue ReadingIn the wake of the recent pandemic, here’s how many different blockchain projects are stepping up to donate resources in the hopes of finding a vaccine. As the world is still reeling from the effects of the coronavirus pandemic, people everywhere are doing what they can to support the effort to find vaccines and treatments. […]
Continue ReadingHas the upcoming halving already been factored into Bitcoin’s price, and can another pump be in the cards in the short term? On Thursday, Bitcoin (BTC) breached the $9,400 mark, thereby boasting a recovery that in many ways put the stock market’s performance during 2020 to shame. From a technical standpoint, Bitcoin’s market surge saw […]
Continue ReadingIt’s time for the crypto industry to mature as the world desperately needs a brand new “global digital asset economy.” Last month’s assault on the global economy and Bitcoin’s (BTC) subsequent crash — the worst in seven years — have been the object of much discussion, with critics questioning the leading cryptocurrency’s potential as a […]
Continue ReadingIndia’s crypto exchanges are demanding that the country’s central bank provide clear guidelines regarding taxation. Following the Supreme Court’s reversal of the Reserve Bank of India’s ban on financial institutions providing banking services to crypto firms, the country’s digital asset exchanges are seeking clarity on their taxation obligations. On May 4, India Times reported that […]
Continue ReadingOverstock’s blockchain arm tZERO aims to launch a broker dealer service in the United States by the second quarter of 2020. Overstock’s blockchain arm tZERO aims to launch its broker dealer service in the United States by Q2 2020. According to an April 30 Forbes article, tZERO Chief Executive Officer (CEO) Saum Noursalehi said he […]
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