Cryptocurrency News
A few more details have come to light regarding the recent DeFi hack. The bZX theft raised a lot of questions, and some answers have now been provided. Figures indicate that roughly $360,000 worth of Ether has been earned by a criminal through the platform. A Complex bZX Story Unfolds […]
The world of decentralized finance has yet to be put through a big security audit. For bXZ, such an audit will come too late, as the DeFi protocol has already been hacked. Earlier today, news broke of an incident affecting bXZ. bZX Fails to Secure its Smart Contract Although this […]
The IOTA network remains in an awkward state after the recent security incident. Despite seemingly finding the flaw, the network still hasn’t moved all that much. It is important to nip any security threat in the bud as quickly as possible. The IOTA Network Issues Remain in Place In the […]
The concept of a Bitcoin mixer has always been somewhat controversial. The recent statements by the US DOJ will only thicken the plot in this particular regard. A few years ago, the Bitcoin mixer landscape was very competitive. Using a Bitcoin Mixer is a Crime in the US Most of […]
Not a week goes by without some controversial action affecting a cryptocurrency exchange. In today’s edition, BitMEX is getting a lot of attention for its unusual XRP market behavior. It is evident that the current bullish market behavior has a lot of people excited. BitMEX Flash Crash Turns Very Costly […]
Various governments are still looking to actively regulate Bitcoin and cryptocurrencies. In the US, it appears that some new proposals aim to achieve that goal. With the Federal Reserve exploring the issuance of a CBDC, regulation isn’t too far behind. More Bitcoin Regulation in the US? What the new rules […]
Samsung had a few interesting smartphone-related announcements today. Unsurprisingly, the Galaxy S20 will support cryptocurrencies out of the box. However, this will not be the main selling point of the device, which makes a lot of sense. The Samsung S20 Doesn’t Flaunt Crypto Support Not because the cryptocurrency hype is […]
The decentralized finance segment continues to fire on all cylinders. DAI lending has always been lucrative yet it appears that the deposit rates will only go higher from here on out. It is uncanny how stablecoins can yield extremely high interest rates in DeFi. The DeFi Interest Rates Continue to […]
German banks have shown a keen interest in crypto assets as of late. For Bank von der Heydt, taking the next step seems to be a logical decision. It is evident that most commercial banks would love to create their own tokens. More use Cases for Stellar Germany’s Bank von […]
Most financial institutions have willingly ignored Bitcoin and similar currencies for years. In 2020, most of these banks are suddenly jumping on the bandwagon as if there is no tomorrow. CME Group has been on the fence about Bitcoin for a while. CME is Warming up to Bitcoin Albeit the […]
The coronavirus outbreak continues to throw up very surprising developments. It has even forced President Xi Jinping to come out and tour Beijing to oversee efforts to contain the epidemic. Albeit a Presidential visit won’t alleviate any symptoms, the Chinese public will be pleased to see him in the open […]
Bitcoin has not made too many inroads in the payments industry. That is not for a lack of trying, but simply because merchants remain unconvinced about its viability. A recent disclosure by Anypay will not help matters much in this regard either. Anypay Removes the Bitcoin Payment Option Anypay is […]
The coronavirus outbreak continues to dominate media headlines all over the world. It is now officially confirmed that this virus is deadlier than SARS, in terms of total lives claimed. In the beginning, no one took the coronavirus threat too seriously. Can the Coronavirus be Stopped Soon? Three months later, […]
The current cryptocurrency market momentum tends to skew the numbers a bit. Whereas Bitcoin is closing in on its all-time high, the other top markets are not even remotely close. That is only normal, as Bitcoin leads this industry by quite a margin. Altcoins Aren’t Following the Bitcoin Trend yet […]
Facial recognition technology isn’t something most people will appreciate. Especially if this technology makes its way to schools in New York state. It appears that public schools in Lockport, NY, will undergo a major change. Facial Recognition in Public Schools Facial recognition technology has been deployed in these schools since […]
Facebook is one of the biggest social networks in the world today. Even so, the company cannot keep its own Twitter and Instagram accounts safe. Both of these accounts have been hacked earlier this week. Facebook Messes up Once Again Facebook isn’t alone in this regard either. The wave of […]
Any arrests involving the use of darknet and Tor technology needs to be scrutinized. Under normal circumstances, it is impossible to link a Tor user to a real-world identity with relative ease. For Eric Marques, it seems his identity was revealed despite him using the Tor network. Tor is not […]
Tesla cars are in very high demand all over the world. Those who buy a car second-hand may notice not all of the core features are working. In theory, this is a very smart decision by the company, albeit one that may come back to harm them. A Second-hand Tesla […]