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Makerdao Vote to Not Compensate Black Thursday Victims Receives Harsh Criticism
25.9.2020
Large Makerdao holders decided not to compensate the victims that were liquidated during the unexpected flash crash that took place on March 12, otherwise known as ‘Black Thursday.’ An aggregate total of 38 votes was cast and more than 65% of the governance portal participants voted...
Volatility Expected Ahead of Major Bitcoin and Ethereum Options Expiry Day
22.9.2020
Both the bitcoin (BTC) and ethereum (ETH) markets could be in for some extra volatility as options contracts worth more than BTC 88,000 (USD 923m) and ETH 460,000 (USD 157.6m) are set to expire this Friday, analysts warned once again, while the previous large expiration failed to move...
Market Outlook: Bitcoin Breaks $11K, Whales Refuse to Sell, Downside Risk Remains
19.9.2020
The price of bitcoin jumped above the $11k threshold on Saturday morning and into the afternoon, after hovering above the $10,900 range the day prior. The entire crypto-economy of 7,600+ coins has gained 2.29% during the last 24 hours touching $344 billion. Bitcoin (BTC) markets have surpassed...
Analyst: 1,500 Bitcoins Lost Every Day, Less Than 14 Million Coins Will Ever Circulate
19.9.2020
A cryptocurrency analyst, Timothy Peterson claims that 1,500 bitcoins are lost each day meaning only 14 million BTC will ever circulate. The figure is at odds with the estimate of many organizations including Markets.bitcoin.com which place the figure at 18.5 million coins. Still, Peterson, who...
NFT Digital Art That Changes With Bitcoin Price Volatility Sold for Record $101,000
19.9.2020
Matt Kane’s “Right Place & Right Time,” a non-fungible token (NFT) digital artwork that changes every day with the bitcoin price volatility, claims the artist, has been sold for a record 262 ether or $101,100 on blockchain platform Async Art. According to a description of...
MCS, First Exchange to list TRON’s SUN and Klaytn’s KLAY Futures Contracts
19.9.2020
Singapore, September 20, 2020 — For the first time in the industry, MCS (MyCoinStory), a global cryptocurrency derivatives exchange announced the listing of SUNUSDT futures contract on September 18, 2020. Just a day prior to this launch, KLAYUSDT futures contract was released on September...
‘You Are Not Anonymous on Tor’ – Study Shows Privacy Network Offers Superficial Anonymity
17.9.2020
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....
Weaved Webs
17.9.2020
There is a bit of an irony with Jamstack.
The concept is simple: you put pre-rendered, static files on web hosting (a CDN) designed to do that well. That’s it. If you need to do more, anything you do from there is done with client-side JavaScript, which is likely talking to serverless...
Bitcoin’s Jump to $10.7K Ends 10-Day Sideways Trend
14.9.2020
Bitcoin advanced on Monday, ending a 10-day-long price consolidation, as the U.S. dollar weakened against gold and fiat currencies
DeFi Defied: Five Key Benefits The COV Token Will Bring To Covesting
14.9.2020
In the ever-evolving crypto market that never sleeps, new trends and coins are popping up every passing day. The recent decentralized finance explosion has only hastened the pace at which fly-by-night coins are being created. At the same time, however, the booming bandwagon has also shed light...
A Day in the Life of an Ethereum 2.0 Validator
12.9.2020
With Ethereum 2.0's much anticipated move to Proof-of-Stake getting closer, CoinDesk Research Analyst Christine Kim spoke with Ben Edgington and Vijay Michalik on what would-be validators need to know
European Crypto Exchange Hacked for $5.4 Million in Bitcoin
11.9.2020
Eterbase, a Slovak cryptocurrency exchange, revealed Thursday that it had been hacked for $5.4 million. Cyber-criminals broke into six hot wallets containing bitcoin, ethereum, algo, ripple, tezos, and tron, stealing everything, it said. Hot wallets are active digital asset accounts connected...
Declining ETH Gas Cost Still Higher Than BTC Fees: Supporters Insists ETH 2.0 to End High Fee Woe
7.9.2020
Ethereum network gas fees that averaged $15.13 on September 2 have been declining in the past four days ending the day at $3.43, according to Token View charts. At that cost, ethereum fees are still ahead of those on the Bitcoin network that averaged $2.75 on September 6. The highest average daily...
Stablecoin market cap increases by $100M every single day
4.9.2020
‘DeFi yields and interest rates are clearly a vacuum sucking in a lot of stablecoins,’ says Coin Metrics’ Nic Carter
Yearn Finance Vault Users Lock $139M: Farmers Claim Collateralized ETH Gathers 90% APY
4.9.2020
On September 3, 2020, the well known Yearn Finance defi project “paused” the popular ethereum liquidity vault (yETH) service, after locking in a significant $139 million. Yearn’s vault feature launched on Wednesday, and saw $100 million deposited on the first day. The vault hype...
$16B Worth of Dollar-Pegged Cryptos: Stablecoins Add $100M a Day Since Mid-July
4.9.2020
Stablecoins have been gathering a lot of steam and settling massive value in recent months. Moreover, on Thursday, Coin Metrics’ executive Nic Carter mentioned on Twitter that “stablecoins have been adding $100 [million per day] since mid-July. While a number of dollar-pegged...
Davey Day Trader Portnoy says crypto is boring right now
3.9.2020
He then proceeded to beg crypto traders to switch to the stock market instead
First Mover: As Bitcoin Falls for Second Day, Long-Term Holders Probably Won’t Care
3.9.2020
The growing number of long-term bitcoin investors might be the cryptocurrency's most simple bullish indicator – more so than "600,000 asteroids."
Bitcoin Miners Sold 63% More Coins Than Generated In a Day
3.9.2020
With yesterday’s correction in ethereum (ETH) and many DeFi tokens also spilling over into bitcoin (BTC), bitcoin miners sold BTC 844 (USD 9.5m) in a day, or 63% more coins than they generated in the same period of time.
Also, according to data from ByteTree, miners have continued to offload more...
Bitcoin price may spark ‘war of miners’ — 1-day pool outflows hit $18M
3.9.2020
Pools may be attempting to trade the dip, CryptoQuant suggests as its CEO warns about rivalries building