Month: September 2020

The verified Twitter account for Indian Prime Minister Narendra Modi’s personal website and mobile app has been hacked, Twitter has reportedly confirmed. Tweets asking for bitcoin donations for the Prime Minister’s National Relief Fund for Covid-19 were posted on the account. Twitter Account Tied to Indian Prime Minister Narendra Modi Hacked India’s Prime Minister Narendra Modi’s twitter account for his personal website and mobile app was hacked on Thursday, Twitter has reportedly confirmed. The hacked account was for Twitter handle Read more …

The verified Twitter account for Indian Prime Minister Narendra Modi’s personal website and mobile app has been hacked, Twitter has reportedly confirmed. Tweets asking for bitcoin donations for the Prime Minister’s National Relief Fund for Covid-19 were posted on the account. Twitter Account Tied to Indian Prime Minister Narendra Modi Hacked India’s Prime Minister Narendra Modi’s twitter account for his personal website and mobile app was hacked on Thursday, Twitter has reportedly confirmed. The hacked account was for Twitter handle Read more …

Financial services giants Visa and Mastercard have shown an increased interest in the trillion-dollar digital payment sector through their recent acquisitions of innovative fintechs.  In January this year, Visa acquired fintech firm Plaid for $5.3 billion. The San Francisco-based firm enables data sharing of financial information between different fintech apps like Venmo and Chime, supporting over 2,000 financial institutions. As such, the acquisition could strengthen Plaid’s global wire transfer capabilities. Mastercard has also made some major fintech acquisitions. In June Read more …

The evolution of Decentralized Finance (DeFi) has reframed the role major financial institutions play in our lives. The global financial industry has shown strong interest in DeFi due to its blockchain-based infrastructure and the promise of decentralization. The DeFi market has been booming this year in 2020 with different DeFi tokens like Chainlink (LINK), MakerDAO, Aave and YFI making big moves. While the DeFi market is receiving immense popularity, we are still at the nascent stage of its development. Moreover, Read more …

Bitcoin, Ethereum, XRP and Tezos all saw month on month trading increases Investors flocked into EOS and TRON to capture late altcoin rally Trading activity up in all coins in August except Cardano’s ADA New data from global investment platform eToro reveals that in August retail investors returned to large-cap altcoins such as Ethereum and XRP, as well as a renewed interest in Bitcoin. All coins in the top 10, apart from Cardano’s ADA, saw a monthly increase in trades Read more …

Bitcoin price just two days ago was trading above $12,000, but a failure to hold above the key resistance level has sent the cryptocurrency tumbling. Moments ago, the crypto asset fell below $11,000 for the first time in over a month. Can bulls hold this important support, or is this just a pit stop on the way down further? Bitcoin Falls Below $11,000 Momentarily, Bulls Attempt To Build Support Bitcoin price continues to struggle now that its broken above resistance Read more …

A new vault launched on yearn.finance is being credited for finally restoring the peg of Dai (DAI), the algorithmic stablecoin of the MakerDAO (MKR) project. As Cointelegraph previously reported, Maker had struggled with maintaining a strict $1 peg for DAI since the start of the yield farming wars in June.  Though it’s had ups and downs, the price of DAI consistently hovered around $1.02 in the past 30 days. As of press time, the price came down to $1. The Read more …

After falling under $10 just a week or two ago, Band Protocol (BAND) has bounced back. The coin traded as high as $17 just on Tuesday after a notable partnership was announcement. BAND was also benefiting from an influx of capital into the digital asset markets, which pushed BTC in itself up around 4%. The leading cryptocurrency may be poised to reverse after an extremely strong rally. According to a Telegram channel for traders, the coin printed a notable sell Read more …

While new projects are popping up all the time that tackle these types of issues in new ways, there are already a few major players defining this space. Some of the most popular projects being developed now are FOAM, XYO and Hyperion. For starters, a project called FOAM is one example of how the issue of a decentralized mapping system could be addressed. In essence, FOAM utilizes the Ethereum blockchain and a service called geohash in order to make network Read more …

The first ever World Series of Trading (WSOT) has concluded, with winners taking home a staggering $1.27 million worth of prizes. The space-themed event, hosted by derivatives exchange Bybit, involved 12,368 traders from 135 teams. The Singapore exchange intends to host the competition twice a year going forward. Featuring a prize pool of over 100 BTC, the three-week World Series saw traders from around the world unlock 100 BTC in the main BTC Troop Showdown event, while an additional 90,000 Read more …

The race for blockchain interoperability was very much a trending topic during the bull market of 2017. Back then, we witnessed the birth of very promising projects like Fusion and Wanchain. Then the bear market started, and interoperability was no longer as hot as it once was, similar to every other topic related to blockchain development. However, these two projects continued to develop their respective ecosystems; they were even joined by a third project in this same niche, Ren. Why Read more …

The race for blockchain interoperability was very much a trending topic during the bull market of 2017. Back then, we witnessed the birth of very promising projects like Fusion and Wanchain. Then the bear market started, and interoperability was no longer as hot as it once was, similar to every other topic related to blockchain development. However, these two projects continued to develop their respective ecosystems; they were even joined by a third project in this same niche, Ren. Why Read more …