Archive for September 10th, 2020

US Treasury blacklisted a non-existent ETH address in connection with alleged Russian election interference

September 10, 2020 | By | Reply | 8 Readers More
US Treasury blacklisted a non-existent ETH address in connection with alleged Russian election interference

Earlier today, the U.S. Department of the Treasury updated its Specially Designated Nationals List, adding several individuals and a number of cryptocurrency addresses. One of the individuals added was Artem Mikhaylovich Lifshits — a Russian national, accused of interfering in the U.S. elections.  In addition to disclosing his personal information, the site lists a number of […]

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Bitcoin and gold versus Chainlink and the market’s alts

September 10, 2020 | By | Reply | 8 Readers More
Bitcoin and gold versus Chainlink and the market’s alts

What’s the motivation behind purchasing an altcoin? For some, a specific altcoin is an entry into a different facet of the larger cryptocurrency space. While some offer exchange-related on and off-ramps, most altcoin buyers look to these coins with small market caps simply because they can double or even triple within a few days. This […]

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How to Earn Crypto Investment Income on Compound

September 10, 2020 | By | Reply | 9 Readers More
How to Earn Crypto Investment Income on Compound

Source: Adobe/thodonal DeFi (decentralized finance) has emerged as the hottest crypto trend of the year, with the total amount of US dollars locked in decentralized finance protocols surpassing USD 9bn on September 1 before correcting lower. In our new “DeFi Unlocked” series, we will introduce you to the different ways you can earn investment income […]

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Binance Announces $100 Million Fund to Boost Its Own DeFi Ecosystem

September 10, 2020 | By | Reply | 8 Readers More
Binance Announces $100 Million Fund to Boost Its Own DeFi Ecosystem

Binance is willing to go big in the world of DeFi and is investing heavily in promoting its own ecosystem in a clear attempt to take some of the spotlights off Ethereum. During an online panel at The World of DeFi summit, Changpeng Zhao (CZ), the CEO of the world’s largest crypto exchange by trading […]

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Number of Users Who Own At Least 1 BTC at ATH Despite Latest Bitcoin Price Dump

September 10, 2020 | By | Reply | 13 Readers More
Number of Users Who Own At Least 1 BTC at ATH Despite Latest Bitcoin Price Dump

Despite the recent price swings and Bitcoin losing nearly $2,000 of value in a week, the number of addresses containing at least 1 BTC has marked a new all-time high. Also referred to as “wholecoiners,” those network addresses have reached 823,000. BTC ‘Wholecoiners’ At ATH The data analytics company Glassnode recently published information regarding the […]

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Here’s why Yearn.Finance (YFI) is up 720% since July

September 10, 2020 | By | Reply | 11 Readers More
Here’s why Yearn.Finance (YFI) is up 720% since July

YFI price trades more than 700% higher since July, including a record high set in August Yearn.Finance serves as a portal to different DeFi assets The next target upside for the buyers is $45,820 Yearn.Finance (YFI) price trades more than 700% higher since July as the digital assets focus on DeFi continue to outperform the […]

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Bitcoin’s Recent Drawback May Mark a Bullish Retest as Bulls Defend $10,000

September 10, 2020 | By | Reply | 11 Readers More
Bitcoin’s Recent Drawback May Mark a Bullish Retest as Bulls Defend $10,000

Bitcoin is currently showing some serious signs of strength. The benchmark cryptocurrency has flown past its $10,400 resistance and is now en route to setting fresh weekly highs. This marks a notable rebound from lows of $9,900 that were set on multiple occasions throughout the past couple of weeks. The buying pressure between this level […]

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Hackers Demand $7.7M In Bitcoin From Pakistan’s Largest Power Provider

September 10, 2020 | By | Reply | 10 Readers More
Hackers Demand $7.7M In Bitcoin From Pakistan’s Largest Power Provider

Two significant NetWalker ransomware attacks have surfaced in the past week. After Argentina’s official immigration agency suffered a hack demanding $4 million in Bitcoin, a recent report revealed that Pakistan’s largest power producer was compromised. The perpetrators demand up to $7.7 million in BTC. $7.7M In BTC Demanded From Pakistan Power Producer The cybersecurity website […]

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Discussing BTC’s next big move

September 10, 2020 | By | Reply | 7 Readers More
Discussing BTC’s next big move

The price of Bitcoin (BTC) has been ranging between $9,800 and $10,500 for nearly a week after a short fall from almost $12,100 seen on Sept. 1. As BTC struggles to show any distinctive price movement, traders are generally cautious. Over the medium to long term, traders expect Bitcoin to recover and perceive the ongoing […]

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Standard Chartered Picks Ant, not Ripple, for New Remittance Service

September 10, 2020 | By | Reply | 10 Readers More
Standard Chartered Picks Ant, not Ripple, for New Remittance Service

Source: Adobe/Игорь Головнёв British bank Standard Chartered has teamed up with mobile financial service firm bKash and Malaysian digital remittance provider Valyou to launch the first blockchain-based cross-border remittance service in Bangladesh – choosing Chinese giant Ant Group as its tech partner. The bank has previously partnered with Ripple on a number of blockchain projects […]

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