Archive for February 18th, 2020

Tron (TRX) Price Analysis: Bulls Facing Uphill Task

February 18, 2020 | By | Reply | 28 Readers More
Tron (TRX) Price Analysis: Bulls Facing Uphill Task

Tron price traded to a new 2020 high at $0.0268 before correcting gains against the US Dollar. TRX price declined below the $0.0235 support and recently tested $0.0200. There was a break below a key bullish trend line with support near $0.0225 on the 4-hours chart (data feed via Bitfinex). The price is currently rising, […]

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‘Central Banking Is Socialism for the 1%’ – Report Cites Wealth Inequality Driven by Stimulus

February 18, 2020 | By | Reply | 25 Readers More
‘Central Banking Is Socialism for the 1%’ – Report Cites Wealth Inequality Driven by Stimulus

For a while now, central banks like the Federal Reserve have been participating in quantitative easing (QE) practices, despite the fact they don’t like to call it QE. Following the massive dollar injections, a recent report from the wealth insights provider Wealth-x details the number of wealthy people in the world spiked in 2019. The […]

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Almost $1 Million Of ETH Compromised Following Two Attacks On DeFi Protocol bZx

February 18, 2020 | By | Reply | 30 Readers More
Almost $1 Million Of ETH Compromised Following Two Attacks On DeFi Protocol bZx

The space of Decentralized Finance (DeFi) took a serious hit in the past week as decentralized lending protocol went through two subsequent attacks. The compromised funds amount to a little less than $1 million. The First Attack On bZx – February 14th The first attack happened on block 9484588, timestamped February 15th, according to the […]

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Tokyo: Website Owner Convicted For Installing Mining Software onto Visitors’ Computers

February 18, 2020 | By | Reply | 28 Readers More
Tokyo: Website Owner Convicted For Installing Mining Software onto Visitors’ Computers

TOKYO – An entrepreneur from Japan was convicted by the Supreme Court of Tokyo for secretly installing cryptocurrency mining software to unaware visitors of his website venture.  More specifically, the court cited that the 32-year-old website developer used the popular Coinhive software which essentially allowed him to install mining operations to pretty much everyone who […]

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Voluntary Financing: Bitcoin Cash Devs Reveal Noncustodial Funding App Flipstarter

February 18, 2020 | By | Reply | 25 Readers More
Voluntary Financing: Bitcoin Cash Devs Reveal Noncustodial Funding App Flipstarter

On February 15, a user on the read.cash blog site announced the development of a new Bitcoin Cash fundraising project called Flipstarter.cash. The developers behind the platform highlighted the recent questions people have been asking about voluntary funding of the Bitcoin Cash commons. The Flipstarter team plans to release an application that allows people to […]

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US Presidential Candidate Bloomberg Suggests Cryptocurrency Regulation To Help Prevent Another Financial Crisis

February 18, 2020 | By | Reply | 25 Readers More
US Presidential Candidate Bloomberg Suggests Cryptocurrency Regulation To Help Prevent Another Financial Crisis

As of Monday, February 17th, 2020, U.S. presidential candidate, Micheal Bloomberg, and his campaign team have published a formal financial reform plan, aimed at strengthening the U.S. economy and helping it recover from the “the damage Trump has done” following the financial crisis of 2008. Amongst dozens of other financial recommendations, the formal proposal also […]

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BTC Ultimatum: a new fork of Bitcoin created to solve old problems

February 18, 2020 | By | Reply | 26 Readers More
BTC Ultimatum: a new fork of Bitcoin created to solve old problems

Bitcoin Ultimatum (BTCU) is a new fork of Bitcoin from the Prof-it Blockchain development team, with the support of the leading cryptocurrency exchange Coinsbit, co-founded by Nikolai Udianskyi. The Prof-it Blockchain team, lead by Nikolai, faces a serious challenge. The developers are working on improving the Bitcoin blockchain and creating new technologies that would solve […]

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A Venture Capitalist Who Invests in DeFi

February 18, 2020 | By | Reply | 31 Readers More
A Venture Capitalist Who Invests in DeFi

As initial coin offerings and their derivatives continue to fade, venture investment in the space has steadily picked up pace. Cointelegraph sat down with Michael Anderson, co-founder of Framework Ventures, to learn more about his investment philosophy and outlook on the ecosystem. Anderson’s most notable investments are Chainlink (LINK) and Synthetix, both of which grew […]

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Currency.com Accused of Exploiting KYC to Withhold Customer Funds

February 18, 2020 | By | Reply | 30 Readers More
Currency.com Accused of Exploiting KYC to Withhold Customer Funds

Know Your Customer (KYC) and Know Your Transaction (KYT) are ostensibly deployed by exchanges to combat money laundering. In practice, these provisions are used as an excuse to surveil, cajole, and threaten customers, who risk losing funds if they are unable to meet the impossibly high burden of proof. An investigation by news.Bitcoin.com suggests that […]

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Later Today: $40 Million Worth Of Bitcoin To Be Sold On Auction By The US Government

February 18, 2020 | By | Reply | 31 Readers More
Later Today: $40 Million Worth Of Bitcoin To Be Sold On Auction By The US Government

More than 4,000 BTC will be auctioned today by the United States Marshals Service (USMS). The procedure will happen with sealed bids where the highest bidder gets the bitcoins. All of the bitcoins included in the auction have been forfeited in different federal criminal, administrative, and civil cases. $40 Million Worth of BTC To Be […]

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