Archive for October 14th, 2020

DeFi Pulse Launches A Risk Assessment Tool: Aave And Compound Graded As Very Safe

October 14, 2020 | By | Reply | 9 Readers More
DeFi Pulse Launches A Risk Assessment Tool: Aave And Compound Graded As Very Safe

The popular decentralized finance tracking resource DeFi Pulse has introduced a new tool to measure risks within the DeFi ecosystem. Developed in collaboration with the digital asset modeling platform Gauntlet, the instrument has already graded two “very safe” DeFi protocols – Aave and Compound. The Launch Of DeFi Pulse Economic Safety Grade The DeFi trend […]

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Coinbase’s CCO will exit the firm after a successful two-year stint

October 14, 2020 | By | Reply | 10 Readers More
Coinbase’s CCO will exit the firm after a successful two-year stint

Based on the reports from Coinbase, Jeff Horowitz the firm’s Chief compliance officer is set to part ways with the exchange His exit is, however, not connected to the contentious and moot blog post by the company’s CEO Brian Armstrong that surfaced last week. It started when some employees asked the company to take a […]

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Bitcoin Price Analysis: BTC Breaks Vital Short-term Support, $11K Incoming?

October 14, 2020 | By | Reply | 9 Readers More
Bitcoin Price Analysis: BTC Breaks Vital Short-term Support, $11K Incoming?

Despite a promising start to the week, the bullish Bitcoin traders have struggled to maintain momentum. In the last few hours, bears have successfully overcome the intra-week support (white line), which was helping to keep BTC in an uptrend, and are now threatening to drive prices back towards the 0.5 Fibonacci level at $11,150. Looking […]

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Brainwallet Users Beware: Hackers Scan Bitcoin’s Network 24/7 for Popular Passphrases

October 14, 2020 | By | Reply | 10 Readers More
Brainwallet Users Beware: Hackers Scan Bitcoin’s Network 24/7 for Popular Passphrases

Brainwallets, especially those generated with passphrases from popular culture references, might not be as safe as previously imagined. Pop Culture References Make for Vulnerable Keys According to a report published by BitMEX Research on Oct. 13, brainwallets might be easy to crack with hackers purportedly setting up servers to crawl the blockchain in search of […]

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World Economic Forum Wants to Study Blockchain and Crypto

October 14, 2020 | By | Reply | 13 Readers More
World Economic Forum Wants to Study Blockchain and Crypto

The World Economic Forum (WEF) has collaborated with the Global Blockchain Business Council (GBBC) to launch a new initiative assessing the state of blockchain and cryptocurrencies. Dubbed the Global Standards Mapping Initiative (GSMI), it will determine the industry landscape by examining a few distinctive areas. WEF Launches GSMI To Examine Blockchain State According to the […]

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Bitcoin Bulls Rejected Hard At $11,500 Retest, Rapid $250 Drop Follows

October 14, 2020 | By | Reply | 6 Readers More
Bitcoin Bulls Rejected Hard At $11,500 Retest, Rapid $250 Drop Follows

Bitcoin price is experiencing a surge of intraday volatility, rocketing $150 in minutes then collapsing more than $250 just moments later. Here’s what is going on in the top-ranked cryptocurrency and what to watch for as price action to develops. Triangle False Breakout Rejects Bulls Back Below Resistance At $11,500 Bitcoin’s notorious volatility is back […]

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Grayscale Scores New Billion, Bitfury Goes Nuclear, Gate.io Launches Wallet + More News

October 14, 2020 | By | Reply | 7 Readers More
Grayscale Scores New Billion, Bitfury Goes Nuclear, Gate.io Launches Wallet + More News

Source: Adobe/ThomasLENNE Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investments news US-based major crypto investment company Grayscale said it recorded its largest-ever quarterly inflows, over USD 1bn in 3Q20, making it the third consecutive record-breaking quarter. Also, Grayscale Bitcoin Trust […]

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October’s Money Fest Agenda and Keynote Line-up Revealed

October 14, 2020 | By | Reply | 7 Readers More
October’s Money Fest Agenda and Keynote Line-up Revealed

[PRESS RELEASE] Money Fest is among the leading and premium networking platforms when it comes to the global money ecosystem. This year, Money Fest is scheduled to take place on October 26th – 29th, and it will feature in-depth analytics and inspirational speakers. The keynote lineup and the final agenda have been revealed. Money Fest […]

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With Over $720 Million of Bitcoin Inflows, Grayscale Marks Best Quarter Yet

October 14, 2020 | By | Reply | 9 Readers More
With Over $720 Million of Bitcoin Inflows, Grayscale Marks Best Quarter Yet

The leading digital asset manager, Grayscale Investments, continues with its growth after registering its third consecutive record-breaking quarter with over $1 billion of inflows. Somewhat expectedly, the Bitcoin Trust remained the most widely chosen company product. $1 Billion Entered Grayscale In Q3 2020 Grayscale released its Q3 2020 report earlier, noting that the total investments […]

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Bitcoin is Overpriced and Trades 13% Above its Intrinsic Value: JP Morgan

October 14, 2020 | By | Reply | 11 Readers More
Bitcoin is Overpriced and Trades 13% Above its Intrinsic Value: JP Morgan

Financial strategists at JP Morgan have projected a bleak outlook for bitcoin prices in the short term. According to them, the cryptocurrency has a higher price and is trending at 13 percent over its ‘intrinsic value.’ They based their analysis on ‘positioning indicators’ derived from bets made by traders in the futures markets. But does […]

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