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BProtocol Uses $7 Million Flash Loan to Push Through Governance Vote On The Maker Platform
BProtocol Foundation, a platform concentrated on developing Bancor Network, raised a governance proposal vote on the Maker platform using a quick $7 million flash loan to pass its proposal. Maker warned users of the possibility of governance proposals being “rigged” through the use of flash loans following the successful vote completed by BProtocol last week. дальше »
2020-10-30 17:23 | |
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Investors, Customers Reward MicroStrategy for Using Bitcoin as Treasury Reserve Asset
Michael Saylor, chief executive of business analytics and mobility software company MicroStrategy, placed a big bet on bitcoin a couple of months ago, and his strategy has paid off big time. The stock is up more than 7% in after-hours trading as investors like what they see. дальше »
2020-10-28 02:24 | |
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Opinion: High Profitability of DeFi Protocols Threatens ETH 2.0 Staking Launch
ETH holders may prefer to place assets in DeFi protocol pools and participate in profitable farming than using their coins for staking when the Ethereum blockchain switches to a new algorithm. дальше »
2020-11-1 20:52 | |
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IOTA Tangle Tech Project Funded by Japanese Govt, to Build DLT-based Maintenance Solutions for ‘Critical’ Infrastructure
Japan’s New Energy and Industrial Technology Development Organization (NEDO), a national research and development organization under the Ministry of Economy, Trade, and Industries in Japan, announced a strategic partnership with IOTA Foundation to create risk-based maintenance (RMB) systems across industries using artificial intelligence and distributed ledger technologies (DLTs). дальше »
2020-10-27 20:09 | |
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Bybit Exchange Turns to Chainlink for Secure Price Oracles
Cryptocurrency and crypto derivatives exchange platform Bybit has announced a partnership with Chainlink aimed at helping its traders weather periods of high crypto price volatility by using secure price feeds. дальше »
2020-10-27 17:48 | |
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Uniswap volumes bump to $2 billion after attack on DeFi project Harvest Finance
Harvest Finance, a decentralized finance (DeFi) project led by an anonymous team, was attacked using a flash loan exploit earlier today leading to millions of dollars worth of FARM tokens stolen by hackers and its prices falling over 60% at press time. дальше »
2020-10-27 01:30 | |
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Defi Protocol Harvest Finance Hacked for $24 Million, Attacker Returns $2.5 Million
Decentralized finance (defi protocol) Harvest Finance was hacked on Monday for $24 million. The attacker targeted the protocol’s liquidity pools, performing an arbitrage attack using a large flash loan – a type of uncollatarized loan – but later returned $2. дальше »
2020-10-26 17:45 | |
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Hash Watch: 73% of Bitcoin Cash Blocks Mined With BCHN, Poloniex Launches Fork Futures
The Bitcoin Cash (BCH) upgrade is 21 days away and there’s a possibility the blockchain may bifurcate on November 15. On Sunday, October 25, statistics show that 731 out of the last 1,000 blocks have been mined using the BCHN full node software. дальше »
2020-10-26 02:30 | |
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Biggest News of the Week: Going Mainstream or A Sacrifice in the Name of Pump?
This week, the big news came in the form of PayPal announcing support for cryptocurrencies. Not only the payments company would allow its users to buy, sell, and hold crypto, but soon it will also allow the users to shop at its 26 million merchants using crypto. дальше »
2020-10-26 15:41 | |
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How much more Bitcoin can $1 get you against 2020 peak of $13,000?
The simple mathematical concept of a transitive property explains that if A = B, then B = A. So, in the cryptocurrency world, if 1 BTC = $13,000, then $13,000 = 1 BTC. Using that base-case, let's scalThe post How much more Bitcoin can $1 get you against 2020 peak of $13,000? appeared first on AMBCrypto. дальше »
2020-10-24 20:30 | |
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VeriTX chooses Algorand for aerospace digital supply chain
Leveraging 3D printing and blockchain tech to deliver on-demand aircraft parts, VeriTX plans to build a digital supply chain for aircraft parts using the Algorand blockchain. дальше »
2020-10-25 23:00 | |
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Here’s why some analysts view PayPal’s crypto news as a “nothingburger”
PayPal made waves in the crypto market today after announcing that its users will now have the ability to buy, sell, and pay for items using digital assets like Bitcoin and Ethereum. The post Here’s why some analysts view PayPal’s crypto news as a “nothingburger” appeared first on CryptoSlate. дальше »
2020-10-22 05:00 | |
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Mode Adds Bitcoin to Reserves, Joining Microstrategy and Square
A UK-based fintech firm has just announced a large purchase of bitcoin using its cash reserves. Mode Global Holdings, an already bitcoin-friendly financial company, has become the first UK publicly traded firm to allocate part of its reserves to the cryptocurrency. дальше »
2020-10-21 16:04 | |
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Merits of Bitcoin and its Functionality
In recent times more than 80,000 businesses are using Bitcoin. The Bitcoins are distributed systems, where there are no intermediaries like banks or central banks or any other controlling authorities. дальше »
2020-10-20 15:00 | |
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Introducing CBPI: A New Way To Measure Bitcoin Network Electrical Consumption
Using the Composite Bitcoin Energy Index (CBEI), we can determine how much electrical power Bitcoin draws and how much electrical energy it has used. The post Introducing CBPI: A New Way To Measure Bitcoin Network Electrical Consumption appeared first on Bitcoin Magazine. дальше »
2020-10-20 20:52 | |
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Introducing CBEI: A New Way To Measure Bitcoin Network Electrical Consumption
Using the Composite Bitcoin Energy Index (CBEI), we can determine how much electrical power Bitcoin draws and how much electrical energy it has used. The post Introducing CBEI: A New Way To Measure Bitcoin Network Electrical Consumption appeared first on Bitcoin Magazine. дальше »
2020-11-7 20:52 | |
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China Trials Its Central Bank Currency, The Digital Yuan, In Shenzhen’s Gas Stations
China’s Central Bank assists Shenzhen citizens in using its digital currency as payments to refuel their motor vehicles. The community in the tech hub of China (Shenzhen) received $1. 5 million in digital Yuan, airdropped to gear up the project, 11 gas stations are now accepting digital currency as payments, reported Economic Information Daily. дальше »
2020-10-18 17:41 | |
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Isle of Man authorities publish guidance on Bitcoin and crypto businesses
The Isle of Man Financial Services Authority (IOMFSA) has published guidance setting out its position regarding the applicability of financial regulatory requirements to cryptocurrencies and tokens issued using blockchain technology, as per a release shared with CryptoSlate. дальше »
2020-10-17 20:20 | |
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Ripple Makes A $10M Contribution To Mercy Corps In A Push For Greater Financial Inclusion In Struggling Markets
Cryptocurrency startup Ripple has donated $10 million to non-governmental humanitarian organization Mercy Corps in an effort to bolster financial inclusion using digital assets. Ripple made this announcement during the second day of its annual Swell conference. дальше »
2020-10-16 20:03 | |
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6 Individuals Charged By US Justice Department With Laundering Millions Of Dollars Of Mexican Drug Cartel Money Using Cryptocurrency
Six individuals have been indicted by the United States Department of Justice (DoJ) for allegedly participating in a money-laundering ring using cryptocurrency. The alleged bad actors are all Chinese nationals who include Jiayu Chen, 46, Jianxing Chen, 40, Tao Liu, 45, Xizhi Li, 45, Jingyuan Li, 47, and Eric Yong Woo, 43. According to court […] дальше »
2020-10-16 16:23 | |
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Breitling to Combat Fake Watches Using Ethereum-Based Digital Passports
Swiss luxury watchmaker Breitling, known for its aviation chronometers, has enlisted help from Ethereum in fighting the fakers. In conjunction with the Paris-based digital identity firm Arianee, the Breitling Top Time (reference A23310121G1X1), which launched in March 2020, was the first of its kind to comes with a blockchain passport. The original Top Time, from […] дальше »
2020-10-16 15:29 | |
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Bitcoin Comes to the Rescue of Nigerian Protesters as Account Gets Suspended
It’s been more than a week now that people across Nigeria have been protesting against police brutality and demand reform and accountability. The younger generations are using social media to document the event in real life to amplify their cause and counter false narratives. дальше »
2020-10-16 23:15 | |
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NYC court has no right to hear 'international' case argues Bancor firm
Lawyers argued the complaint was “based on a man in Wisconsin using an exchange in Singapore to purchase tokens issued by a Swiss entity.” дальше »
2020-10-15 03:01 | |
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Hackers send fake “update” to steal $22 million from Bitcoin wallets
Crypto-hunting hackers have stolen more than $22 million from the users of Electrum, a popular Bitcoin wallet, in the past two years using a “simple technique” involving fake updates, as per a ZDNet report Monday. дальше »
2020-10-14 10:11 | |
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Both these metrics hint at a big buy signal for Bitcoin
Bitcoin's NVT [Network Value to Transaction ratio] metric is used to determine whether an asset is bullish or bearish. However, using it in tandem with other indicators/metrics works the best. What dThe post Both these metrics hint at a big buy signal for Bitcoin appeared first on AMBCrypto. дальше »
2020-10-14 00:00 | |
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Bitcoin ‘May Have Extrinsic Value In The Sense That People Want It’ Says BoE Governor
Bank of England (BoE) Governor Andrew Bailey cautioned over the use of Bitcoin as a means of payment on Monday. He said he was “very nervous” about people using the leading digital currency for payments because it has uncertain value. дальше »
2020-10-14 23:07 | |
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China’s Digital Yuan Trial in Full Force, DCEP Lottery Winners Using Digital RMB at Over 3,300 Stores
While other countries are still busy studying the opportunities and risks associated with central bank digital currencies (CBDC), like the US, China’s digital yuan trial is in full force. People have already received the DCEP and started using it at convenience stores. дальше »
2020-10-13 19:32 | |
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BitMEX Reveals Pop-Culture’s Bitcoin “Brain Wallet” Weakness
Despite being touted as a safe way for individuals to store Bitcoin, BitMEX Research has shown the weakness of relying on so-called “Brain Wallets. ” It concludes that deriving private keys from hashed phrases using popular culture references is not suitable for safe storage. дальше »
2020-10-14 17:30 | |
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An Educational Initiative Gave $50 In BTC To Spanish Legislators In An Effort To Familiarize Authorities With Crypto
A crypto advocacy program in Spain sent all the 350 members of the country’s lower house, or the Congress of Deputies, $50 in bitcoin as part of an educational campaign aimed at giving the lawmakers a hands-on experience using blockchain technology and crypto-assets. дальше »
2020-10-13 23:33 | |
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Aztec 2.0 Launches Ethereum Layer 2 Scaling Solution for Privacy Using zkSNARKs
Aztec, an Ethereum based protocol, has released its L2 scaling solution coupled with the project’s fundamental aspect of privacy. The startup announced this news in a Medium post earlier today, noting that Aztec 2. дальше »
2020-10-12 21:10 | |
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Ripple’s Line of Credit Service Thrusts XRP Into the Spotlight
Ripple recently announced the launch of a new on-demand liquidity (ODL) service called Line of Credit, which enables users to carry out cross-border payments using XRP at the enterprise level. In an announcement on its website, the company revealed that the new product will solve the problem of small and medium-sized enterprises (SMEs) needing individual […] The post Ripple’s Line of Credit Service Thrusts XRP Into the Spotlight appeared first on BeInCrypto. дальше »
2020-10-11 20:48 | |
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US Government Moves to Regulate Cryptocurrencies After Attorney General Publishes Enforcement Framework
United States Attorney General (AG) William Barr says the recent publishing of the Cryptocurrency Enforcement Framework will help law enforcement to fight elements using digital currencies for illicit ends. дальше »
2020-10-10 09:30 | |
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Scammers Impersonate Australian Entrepreneur in Fake Crypto Scam
Scammers have been using an Australian man’s identity to advertise fake crypto promotions to specific members of the local aviation industry. The target? Dick Smith, a 76-year old aviator, and political activist. дальше »
2020-10-10 23:02 | |
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Ripple Announces Line-of-Credit Service to Source Capital for Instant Cross-Border Payments
Coinspeaker Ripple Announces Line-of-Credit Service to Source Capital for Instant Cross-Border PaymentsRippleNet customers using the on-demand liquidity (ODL) feature can ask for a Line-of-Credit by purchasing XRP from Ripple on a credit basis. дальше »
2020-10-10 19:42 | |
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Ripple Launches ‘Line of Credit’ Beta on RippleNet, Allows ODL Customers to Borrow XRP
Ripple is introducing another use case for its digital asset XRP. The company launched a new beta service on RippleNet called ‘Line of Credit' to allow its customers to use On-Demand Liquidity (ODL) to borrow from Ripple to initiate cross-border payments using XRP. дальше »
2020-10-9 19:27 | |
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Ripple Unveils New XRP-Based Loan Product To Finance Instant Cross-Border Payments
Blockchain firm Ripple, which has recently threatened to leave the United States if the regulatory climate does not improve, has launched a new XRP-based loan product dubbed “Line of Credit”. The product is currently in beta and will let On-Demand Liquidity (ODL) customers access working capital loans to conduct cross-border transactions using Ripple’s XRP cryptocurrency. […] дальше »
2020-10-10 19:04 | |
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Ripple partner SBI Holdings to hold security token offering this month
Japanese financial services company, SBI Holdings announced today that it will raise funds by holding a security token offering (STO) using the Ibet blockchain platform from Boostry, instead of convenThe post Ripple partner SBI Holdings to hold security token offering this month appeared first on AMBCrypto. дальше »
2020-10-9 18:09 | |
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New Ripple service enables XRP payments on credit for SMBs
Blockchain payments provider Ripple launched its “Line of Credit” service yesterday to cater to customers using On-Demand Liquidity (ODL) to source capital on-demand to initiate cross-border payments at scale using the digital asset XRP. дальше »
2020-10-10 17:00 | |
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