Using the past price trends and market forecasts for TRX, we will be able to launch a Tron price prediction for August 2020. What Is Tron? Tron is a digital currency or crypto-backed by the blockchain protocol, using a decentralized operating system. Tron was founded in 2017 by Justin Sun, and in the same year, the Tron Foundation raised $70 million in the ICO. Using the blockchain and peer to peer (p2p) network technology, Tron eliminates the middleman by bridging Read more …
“I’m coining this term right here, right now,” Ray Youssef declares. “Financial Apartheid.” The CEO and co-founder of Paxful is on a mission. “It’s what has held Africa back more than anything else.” “How advanced would the United States be if you couldn’t send money from New York to Florida? From New York to California? From Oregon to Washington? It wouldn’t be the United States! It would be a mess of all these squabbling little city-states that can barely get Read more …
Bitcoin attempted to bounce back this Thursday following a string of sessions in red earlier this week. The benchmark cryptocurrency was up 0.25 percent at $11,788 as of 10:03 GMT. But its modest upside outlook failed to impress at least one trader. The pseudonymous crypto-analyst, having around 60,000 followers on Twitter alone, noted that the bounce from $11,569-level showed “weak reaction at support.” He pitted the pullback level against the 14-day bull run that preceded it, adding that its inability Read more …
YFI reached an all-time high this Thursday as the total value locked on its parent protocol, Yearn Finance, grew to over $676 million. Investors continue to pour capital into the yEarn, a smart contract that allocates those funds into the lending projects with the most attractive yields. Meanwhile, YFI acts as a governance token for the Yearn Finance protocol. The token works as a staking asset that enable its holders to vote on the Yearn project’s overall direction. YFI Ballistic The Read more …
Major Turkish crypto exchange BtcTurk has become the main sponsor of both the women’s and men’s Turkish national soccer teams via an agreement with the Turkish Football Federation, Cointelegraph Turkey reported on Aug. 20. According to the official announcement, this 28-month long agreement purportedly makes BtcTurk the first cryptocurrency platform to sign a sponsorship with a national soccer team. Turkey’s national soccer teams don’t use sponsor logos on their uniforms, but a BtcTurk logo will be placed on players’ training Read more …
Blockchain-based travel booking firm Travala is adding VeChain’s native token, VET, to its list of payment options. Travala aims to create a smooth travel booking experience that integrates blockchain technology. What’s more, both firms believe the tie-up is a natural step in the path to the mass adoption of cryptocurrencies. With that in mind, Travala is looking at the provision of modern payment alternatives in achieving this. It already accepts 29 different cryptocurrencies, including several top-20 offerings, for example, Bitcoin Read more …
A month after the Texas State Securities Board took action against Mirror Trading International (MTI), South Africa’s Financial Services Conduct Authority (FSCA) is also investigating the company’s trading activities. According to the information MTI shared with FSCA, the company conducts high-frequency derivatives trades using bots on behalf of its clients. The financial watchdog said in a statement that the current business model of MTI requires it to own a financial service provider license but it does not seem to have Read more …
North Korea allegedly has about 6,000 hackers, many of whom operate abroad, according to a recent report published by the U.S. Army. The infamous Lazarus Group, thought to be linked to a number of cryptocurrency exchange hacks, is among them. North Korea’s Bureau 121 The U.S. Army recently published a document entitled “North Korean Tactics.” The 332-page “Army Training Publication (ATP) 7-100.2,” dated July 24, describes “North Korean tactics for use in Army training, professional education, and leader development.” A Read more …
Blockchain-based real estate trading game and DappRadar Top 5 gaming Dapp, Upland, has expanded its metaverse to include New York City, as of Aug 20. The expansion adds virtual properties mapped to actual Manhattan addresses and will be opened in several phases, with the first bubble to launch being the Lower East Side. Further bubbles will cover Midtown, the Upper West Side, the Upper East Side and Chelsea. At the same time, Upland will launch new districts in San Francisco, Read more …
As reported by Bitcoinist previously, Bitcoin suffered a correction after peaking above $12,400 on Monday. The cryptocurrency has since suffered a retracement, falling in tandem with the price of gold. BTC now trades at $11,800 as of this article’s writing. BTC remains below the pivotal $12,000 horizontal level, which acted as support and resistance on multiple occasions over the past few weeks. Bitcoin’s correction initially shocked bulls. But positive sentiment has quickly returned to Crypto Twitter, with many calling for Read more …
BlockFi, a major American cryptocurrency lending startup, has completed another funding round featuring major industry investors. The company has raised $50 million in a Series C round led by Anthony Pompliano’s crypto asset management firm Morgan Creek Digital, BlockFi announced on Aug. 20. Also known as Pomp, Morgan Creek’s co-founder Pompliano is joining BlockFi’s board of directors following the investment. The appointment comes after Morgan Creek participated in all three of BlockFi’s funding rounds over the past 12 months, including Read more …
Ethereum Classic (ETC) accelerator Ethereum Classic Labs announced a plan to protect the blockchain from further attacks. On Aug. 19 the organization proposed taking immediate action in implementing long-term changes to the network architecture over the next three to six months. The accelerator decided to focus their efforts on improving the network’s security after recent attacks on the blockchain. The immediate measures proposed by Ethereum Classic Labs include a “defensive mining” cooperation with mining pools and miners to maintain a Read more …