To change the art industry, NFTs must be more secure
A more secure nonfungible token infrastructure holds the key to disrupting the current art world. Go to Source Powered by WPeMatico
Month: July 2021
South African Court Grants Final Liquidation Order Against the ‘Biggest Cryptocurrency Scam in 2020’
A South African judge, Justice Alma de Wet, has ruled in favor of granting a final liquidation order against Mirror Trading International (MTI), the country’s biggest bitcoin scam in the past year. Nevertheless, the judge postponed a ruling on an application by MTI liquidators to have the company declared an unlawful business to September 8, … Read more
London fork enters testnet on Ethereum as difficulty bomb sees delay
As Ethereum’s London upgrade launches on the Ropsten testnet, mainnet anticipation for stakers and miners increases. Go to Source Powered by WPeMatico
Bitcoin Still Commands the 9th Largest Market Capitalization in the World
Despite the drop in value during the last three months, the leading crypto asset bitcoin is still the ninth most valuable asset in the world in terms of market capitalization. Moreover, bitcoin could flip some of the world’s most valuable assets in the future, as the crypto asset is 67% away from turning over tech … Read more
DeFi proved resilient during the March 2020 and May 2021 market crises
While centralized protocols struggled with the two major market crises of March 2020 and May 2021, DeFi remained resilient. Go to Source Powered by WPeMatico
South Korean Crypto Exchange Bithumb Bans Employees from Trading Bitcoin
One of the largest South Korean cryptocurrency exchanges, in terms of trade volume, Bithumb, has announced that employees are banned from trading bitcoin on the exchange platform. The company’s chief executive officer revealed the decision in a Bithumb newsletter focused on improving “transaction transparency.” Bithumb Bans Employee Bitcoin Trading – Will Monitor for Individuals Who … Read more
Is Bitcoin in danger of losing $30K with Grayscale’s big GBTC unlocking in two weeks?
Bitcoin prices remain under pressure in the $30,000-$40,000 zone as traders brace for the 16,000 BTC worth of GBTC shares unlocking in July. Go to Source Powered by WPeMatico
Trustless bridges may be the key to blockchain interoperability
The arrival of interoperable solutions will be an opportunity for a positive shift in the public’s perception of blockchain. Go to Source Powered by WPeMatico
Bitcoin mining difficulty just fell by a record 28% — But will this help BTC price recover?
The ratio of Bitcoin price to hash rate presents bulls with a long wait, as hash rate is still migrating. Go to Source Powered by WPeMatico
Ukraine Shuts Down Illegal Mining Farm With 150 Rigs
Law enforcement officials in Ukraine have closed down a cryptocurrency mining farm that was minting digital coins using stolen electricity. The facility had more than 150 mining rigs that have been confiscated during a raid in Chernihiv region. Authorities in Ukraine Seize Over 150 ASICs From Crypto Mining Farm The Security Service of Ukraine (SBU) … Read more
