Archive for September 11th, 2020

Sushiswap Creator Returns $14 Million After Community Cries Exit Scam

September 11, 2020 | By | Reply | 9 Readers More
Sushiswap Creator Returns $14 Million After Community Cries Exit Scam

One week after the Sushiswap creator was accused of an exit scam, he has returned all of the coins he cashed out. The anonymous creator also apologizes to the community, including to Binance which came under fire for listing the sushi token. Sushiswap Creator Says ‘Sorry’ The creator of Sushiswap, the anonymous Chef Nomi, has […]

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Breaking: SUSHI Lead Developer Returns $14 Million Worth of ETH

September 11, 2020 | By | Reply | 11 Readers More
Breaking: SUSHI Lead Developer Returns $14 Million Worth of ETH

In a somewhat completely unexpected turn of events, the former lead developer behind the Sushiswap protocol has returned $14 million worth of ETH to SUSHI’s treasury. This comes six days after the anonymous Chef Nomi depleted the development fund and sold it for ETH, basing his merits on the fact that he deserved that money for his […]

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Shanghai Issues Draft Blockchain Standards, National Effort to Follow

September 11, 2020 | By | Reply | 11 Readers More
Shanghai Issues Draft Blockchain Standards, National Effort to Follow

Shanghai. Source: Adobe/eyetronic Shanghai is set to issue China’s first local blockchain security standard ahead of national efforts to rollout countrywide blockchain protocols, per reports from the Middle Kingdom. According to state-owned media outlet Xinhua, the Shanghai government’s Shanghai Information Security Testing Evaluation and Certification Center has issued a consultation paper for what it calls […]

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Bitcoin’s Endless Fight For $10K As Correlation With Stocks Increases: The Crypto Weekly Market Update

September 11, 2020 | By | Reply | 10 Readers More
Bitcoin’s Endless Fight For $10K As Correlation With Stocks Increases: The Crypto Weekly Market Update

In terms of sheer price action, this week was rather sloppy. Bitcoin was trading at around $10,400 seven days ago, and it’s now indecisive around $10,300. During the week, things did get slightly more tumultuous as BTC dipped below $10K on a few occasions, reaching as low as about $9,800 on Binance. Many thought that […]

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This Crypto Project Soared 220% Because of Ethereum’s High TX Fees

September 11, 2020 | By | Reply | 10 Readers More
This Crypto Project Soared 220% Because of Ethereum’s High TX Fees

Recent heavy congestion on the Ethereum blockchain appears to have had a beneficial knock-on effect for one cryptocurrency project in particular. Loopring (LRC) is a protocol for building non-custodial decentralized exchanges (DEXs) on Ethereum. It is also one of the few projects currently placed ahead of the curve thanks to its use of zk-rollup technology, […]

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Bitcoin Investors Grow Fearful as Signs of Weakness Proliferate

September 11, 2020 | By | Reply | 9 Readers More
Bitcoin Investors Grow Fearful as Signs of Weakness Proliferate

It has been a rocky past couple of weeks for Bitcoin. The cryptocurrency was able to surge as high as $12,400 just a couple of weeks ago before it lost its momentum and began plunging lower, ultimately hitting lows of $9,900 before bouncing higher. This has done little to offer insight into its near-term outlook, […]

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Neo (NEO) price is up 13% this week, here’s why

September 11, 2020 | By | Reply | 8 Readers More
Neo (NEO) price is up 13% this week, here’s why

Neo plans to launch a new DeFi project titled “Flamingo Finance” by September 23 Flamingo is an interoperable, full-stack decentralized finance protocol built on the Neo blockchain NEO price hit 2-year highs on the last of August, before correcting sharply lower Neo (NEO) price is trading more than 13% higher this week as crypto investors […]

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Crypto Price Analysis & Overview September 11th: Bitcoin, Ethereum, Ripple, Cardano, and Chainlink

September 11, 2020 | By | Reply | 10 Readers More
Crypto Price Analysis & Overview September 11th: Bitcoin, Ethereum, Ripple, Cardano, and Chainlink

Bitcoin Bitcoin moved sideways this week as a consolidation pattern appeared in the form of a symmetrical triangle. This triangle is best seen on the hourly charts and is highlighted by the white boundaries. The cryptocurrency dropped by a steep 15% in September from $12,000 to the current $10,260 level. The $10,000 level provided strong […]

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Binance crypto exchange delists its BNB token in Uganda

September 11, 2020 | By | Reply | 9 Readers More
Binance crypto exchange delists its BNB token in Uganda

Binance Uganda noted that it would halt BNB deposits on September 10. BNB withdrawals are set to continue until November 6. Per Binance Uganda, it delisted BNB because the coin did not have sufficient trading volume. Binance, the world’s largest crypto exchange is planning to delist its token, BNB, for trading against the Uganda Shilling […]

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Sensitrust: AI and Blockchain Technologies to Establish Innovative Smart Working Environments

September 11, 2020 | By | Reply | 10 Readers More
Sensitrust: AI and Blockchain Technologies to Establish Innovative Smart Working Environments

[PRESS RELEASE – Please Read Disclaimer] Before the Covid-19 pandemic, smart working was still a niche paradigm adopted by few software startups, freelancers, and nomad workers. Despite the unfortunate consequences of Covid-19 in the worldwide economy, the mainstream adoption of smart working as a de-facto paradigm in the job market, let many professionals appreciate its […]

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