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Aurus Disrupts the Gold Industry – Today Its Ecosystem Lists at a Value of $75m
1.10.2020
With the US dollar facing headwinds, notably the coronavirus pandemic and an upcoming presidential election that could be among the most contentious in recent memory, gold has taken over as the preferred store of value for many investors. The price of the yellow metal has soared by more than...
Bitcoin rises against USD after Mnuchin promises second stimulus check
1.10.2020
$1,200 checks for Americans will definitely feature in any deal, says Steven Mnuchin, as DXY weakness opens up opportunities for Bitcoin gains
Staffer Embezzled USD 159,000 of Bank Funds to Make Crypto Purchase
1.10.2020
An employee at one of South Korea’s biggest commercial banks stole and embezzled thousands of USD worth of bank funds to make their own crypto investments, a new report has found.
Per Choseh Keumyong Shinmun, the country’s top financial regulator, the Financial Supervisory Service, has this week...
American Economist Stephen Roach: ‘U.S. Dollar in the Early Stages of Sharp Decent’
30.9.2020
American economist and former chairman of Morgan Stanley Asia, Stephen Roach said on Sunday that he believes the U.S. dollar will “crash faster and harder.” Roach said similar statements during an interview back in June, and his latest commentary stresses that people should...
Bitcoin vs. USD: why only a weaker dollar will push BTC above $20,000
30.9.2020
Investors should keep an eye on the tight inverse correlation between the strength of the U.S. dollar and Bitcoin
Easily Spend Your Bitcoin via Prepaid Debit Card or a PayPal Account with Bitcoin of America’s Easy to Use Trading Platform
30.9.2020
Bitcoin of America offers a number of convenient ways to transfer your bitcoin or litecoin to commonly used USD payment gateways like prepaid debit cards or a PayPal account. Read the guides below to find the method that’s best for you. Most commonly, bank transfers are used to transfer...
Bitpanda Secures USD 52m For Its Expansion In Europe
29.9.2020
Competition in the European crypto exchange market is about to become more heated as Austria-based digital investment platform Bitpanda said it secured a USD 52m investment to support its expansion in the old continent.
The company said it closed "Europe’s largest Series A funding round...
Bitcoin Struggles Near USD 11,000, Altcoins Showing Positive Signs
28.9.2020
Bitcoin price moved into a positive zone after it settled above the USD 10,550 inflection zone. BTC even broke the USD 10,800 resistance level and it is currently (08:30 UTC) struggling to clear the key USD 11,000 resistance zone. A clear break above USD 11,000 could start a fresh rally towards...
Crypto Exchange Bithumb ‘Not Liable’ for Customer’s USD 401,000 Losses
28.9.2020
The Supreme Court of Korea. The South Korean market-leading crypto exchange Bithumb has won its legal struggle against an investor who accused it of negligence, claiming he lost USD 401,000 in cash after a 2017 data breach.
Per news agency Yonhap, a man identified only as “Mr. A” for legal reasons...
KuCoin Exchange Hacked, Approx. USD 150 Million Worth of Crypto on the Move
26.9.2020
Singapore-based cryptocurrency exchange KuCoin has experienced leakage of its private keys tied with its KuCoin hot wallets, which resulted in a hack of approximately USD 150 million worth of customer funds. The platform has temporarily suspended deposits and withdrawals from its platform, while...
Rescuing USD 9.6 Million in Ethereum: The Fellowship of a Smart Contract
25.9.2020
"On September 15, 2020, a small group of people worked through the night to rescue over USD 9.6m from a vulnerable smart contract," the author of a recently published blog wrote, starting the story.
Sam's discovery
While looking at some smart contracts, expecting to find nothing...
Americans’ Inflation Worries Up, 29% Still Under Golden USD Illusion - Survey
25.9.2020
Surveyed Americans are increasingly worried about inflation as the Federal Reserve’s money printers go into full brrr mode, per a new survey – although 29% are still laboring under the illusion that the greenback is still backed by gold.
These were the findings of a report conducted by hashpower...
Most Americans are against a digital dollar CBDC, survey reveals
25.9.2020
U.S. citizens appear to be opposed to a digital dollar despite expressing concerns over the existing financial system
Chainlink Trades Below $8 and Loses a Subsequent Amount
24.9.2020
Chainlink has been one of the massive gainers of the year until it entered a bleak movement lately after marking an All-Time High around $19.9 in the mid of the previous month. With a constant gain after having traded sideways, LINK is now one of the most lucrative investments in the market and...
Keiser Insists ‘Bitcoin Inversely Correlated To USD Not Stock Markets’ After Crypto Market Tumble
23.9.2020
Reports that global banking giants helped criminals launder money for close to two decades helped spark the crash of global stock markets on Monday, September 21. Also tumbling in tandem with stocks were cryptocurrencies thus leading to renewed concerns that digital assets are intertwined with...
USD Coin (USDC) Trades at $1 with No Extremities Projected
23.9.2020
USD Coin—as the name suggests, is one of the top 15 completely collateralized USD stable coin, which is deemed to have its price movement around $1. USDC is issued and completely regulated by financial institutions against which these institutions maintain reserves of the equivalent fiat currency...
Binance USD Trades at $1.00 with Strong Support at $0.99
23.9.2020
Binance USD—a stable coin issued by a massive ecosystem of Binance in collaboration with Paxos, which is centrally approved and modulated by the New York State Department of Financial Services. BUSD is a 1:1 USD-backed token of the global market and will, therefore, carry a price movement around...
Jamstack Conf
22.9.2020
Here’s an important detail here: It’s free!
Jamstack Conf Virtual is coming up October 6th and 7th, 2020. The sessions are on October 6th. That’s the free part (register here). Then on October 7th there are a variety of workshops (they all look great to me) that are $100 USD each....
Bithumb Operator Wants At Least USD 430m For Its Stake In Exchange - Report
22.9.2020
One of the biggest crypto exchanges might be sold as South Korean market-leader Bithumb is reportedly looking for a buyer.
Per Herald Kyungjae, undisclosed investment banking sources have told the media outlet that Bithumb operator Bithumb Holdings is actively looking for a way out of the market....
Argentina’s Peso Plunges After Central Bank Tightens Foreign Exchange Controls: Citizens Discuss Bitcoin Adoption
18.9.2020
The Argentine peso plunged by more than 10% shortly after the country’s central bank announced measures to tighten controls on the movement of foreign currency. The peso, which is officially pegged at 72 for every USD, touched new lows of 145 to the greenback on the black market. The latest...