‘Price of Tomorrow’ author says Bitcoin is a ‘lifeboat’ amid financial turmoil
Escalating debt and inflation could result in years of stormy weather for global economies Go to Source Powered by WPeMatico
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‘You Are Not Anonymous on Tor’ – Study Shows Privacy Network Offers Superficial Anonymity
Privacy advocates are growing leery of the Tor network these days, as recently published research has shown a great number of network’s exit relays are compromised. Furthermore, on September 15, the Hacker Factor Blog published a new Tor report that shows IP addresses being uncovered. The paper called “Tor 0-day” says that it is an … Read more
Hydra’s ‘Complex Drug Delivery System’ in Russia Overshadows Western Darknet Markets
On September 14, the blockchain analysis firm Chainalysis reported on the infamous Russian darknet marketplace (DNM) known as Hydra and noted the DNM is Eastern Europe’s “sixth-largest service by volume in the region.” Moreover, the report also reveals that Hydra has created a “complex drug delivery system” inside Russia and throughout various countries in Europe … Read more
Report: Market Valuation of 14 Banking Giants Shed $635 Billion This Year
The world’s largest banks lost a considerable amount of market valuation amid the Covid-19 pandemic, according to a new report that estimates financial incumbents lost $635 billion. Between December 2019 and August 2020, the market caps of 14 major banking institutions lost upwards of 30-50% during the time period. A newly published report written by … Read more
INX Becomes the First SEC-Registered IPO to Accept Crypto
15th September 2020, New York, United States: INX will start accepting bitcoin (BTC), ether (ETH), and USDC stablecoin, starting today. INX said over 3,000 retail and accredited investors registered for the INX token offering during its first three days. Now that the minimum requirement INX has set to raise the first $7.5 million of its … Read more
Macroeconomic Trends Boost Bitcoin and Gold, US Dollar Index Shows Bearish Double-Top
According to a number of reports and commentary from financial analysts, the world is “drowning in U.S. dollars” after the Federal Reserve decided to pump billions of dollars into the hands of 14 central banks via liquidity swaps. Moreover, recent technical analysis shows the dollar’s trade-weighted index chart indicates the USD might be in for … Read more
Bitcoin Hashrate Ramps to 130 Exahash Amid Next-Generation Miner Shortage
Regional reports from China have highlighted that a number of major Chinese ASIC mining rig manufacturers have sold out of their next-generation model stock. The shrinking supply of high-performance machines may be due to the shortage of 7nm and 8nm chips from TSMC and Samsung. Bitcoin miners are finding it difficult to obtain next-generation application-specific … Read more
The $700 Million Wallet Crack: Bitcoin’s 7th Largest Address Is Under Constant Attack
During the last two years, hackers have been trying to crack the seventh-largest bitcoin wallet, an address that holds 69,370 BTC or $712 million using today’s exchange rate. According to the CTO of the cybercrime intelligence firm, Hudson Rock, the wallet is being publicized on hacking forums in order to crack the password. Wallets with … Read more
BTC locked in DeFi increased by 20X the entire Lightning Network this week
Despite the recent mini price crash, DeFi users have injected more than 20,000 Bitcoin into DeFi projects in the last week, suggesting the DeFi bull run isn’t over. Go to Source Powered by WPeMatico
CEX.IO to Offer Instant Cryptocurrency-Backed Lending Service in 217 Countries and Territories
LONDON, the United Kingdom – CEX.IO, one of the largest international exchanges in the cryptocurrency market, is set to launch a digital asset-backed lending service in September. Available in 217 countries and territories – including Australia, the United Kingdom, the European Union, and most nations in Asia – CEX.IO LOAN will allow various cryptocurrency market … Read more