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The price of ethereum dropping double digits on March 12 sent shockwaves through the decentralized finance (defi) community. Makerdao’s single collateral DAI has been struggling and the low price of ETH has left millions worth of DAI undercollateralized. The defi project’s undercollateralizition was also blamed on price oracle discrepancies. Also read: The 35 Most Influential … Read more
As the novel coronavirus situation continues to escalate, global repercussions are becoming apparent. In the US, some people even claim how President Trump should resign before he makes things even worse. Dealing with the novel coronavirus is no easy feat by any means. President Trump and the Novel Coronavirus For governments, it poses many issues … Read more
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex This morning, Friday, March 13th, the ETH is attempting to correct after a disastrous slump yesterday. It is generally trading at 119.40 USD. Last time, the ETH was so cheap in February 2019. The Ethereum is experiencing sales alongside with virtually the whole crypto market. Some cryptocurrencies have … Read more
Some members of the Libra Association are now backing a rival project called Celo, which has its own blockchain and cryptocurrency. Over 50 major companies have pledged their support, each pursuing a diverse set of use cases. The project claims that the combined reach of all members exceeds 400 million people. Also read: Bitcoin Legal … Read more
There have been a lot of troublesome developments regarding the novel coronavirus in the past 24 hours. Various countermeasures are being put in place, which may have severe repercussions for the United States. As was to be expected, new travel restrictions are in place in the US. Travel Restrictions for Europe For some reason, President … Read more
Today is another day during which the novel coronavirus continues to dominate media headlines. New travel restrictions have been put in place, and sports leagues are suspending all events for the foreseeable future. The novel coronavirus is still a very problematic pandemic, for obvious reasons. Sports Leagues Suffer From the Novel Coronavirus As the situation … Read more
Although it was merely a matter of time, the novel coronavirus is now an official pandemic. Given the rate at which infections and deaths rise, that is anything but surprising. The World Health Organization has confirmed that the novel coronavirus is a global pandemic. Pandemic Status for the Novel Coronavirus Entirely to be expected, now … Read more
Tokyo police arrested two individuals on Wednesday for acquiring stolen NEM from the 2018 Coincheck hack. On Jan. 26, 2018, the Japanese trading platform Coincheck noticed an “illicit transfer” of 523,000,000 NEM and it was the largest cryptocurrency exchange hack since Mt Gox. According to Tokyo investigators, the two men who obtained the purloined stash … Read more
To this date, the full scope of the novel coronavirus outbreak remains a big guessing game. The CDC may come up with a solution soon, as serologic tests are being developed. A vaccine for the novel coronavirus is still several months away, at least. A Proactive Approach to the Novel Coronavirus Finding some sort of … Read more
A new court filing from the Kleiman v. Wright lawsuit shows that Judge Bruce Reinhart has overruled a number of Craig Wright’s recent objections and he has ordered Wright to amend his testimony by Thursday. Moreover, Reinhart noted that Wright’s “protestations of undue burden ring hollow” and the defendant “produced forged documents in this litigation.” … Read more