Another bitcoin auction is in the books. This time around, the auction will take place in the country of Romania, a first for the European nation.Romania Is Having Its First Bitcoin AuctionRomania’s National Agency for the Management of Seized Assets will be responsible for finding a buyer for the small amounts of bitcoin and ether it will be looking to sell off. The money was taken following a fraudulent money scheme. Roughly 0.97 of ether is available for purchase, while more than 1,670...
Read More »Ethereum Hash Rate Breaks ATH Following the Boom of DeFi
2020 has been a good year for Ethereum: its price increased month after month, and its technological security is at a new peak now that its total hash rate is at ATH levels.The Ethereum hash rate is above 250 Terahashes per second for the first time in its history. This new record comes after an almost uninterrupted growth of 80% since January of 2020.A Steady Race to the MoonAccording to Glassnode, the recent influx of new miners seems to be caused by the rapid growth of the DeFi industry...
Read More »RSK & RIF Bitcoin Sidechain Integrates DAI to Further Connect To Ethereum’s DeFi
The DeFi space continues to expand as the total value locked in protocols has recently almost hit $11 billion. More interestingly, BTC value locked in DeFi is also on the rise as there are currently around 141,000 bitcoins locked in various lending protocols.RSK’s infrastructure framework (RIF) has recently integrated Maker’s DAI stablecoin into its ecosystem.RIF Integrates Maker’s DAI StablecoinThe RSK infrastructure framework (RIF) has integrated the DAI stablecoin on its Bitcoin-powered...
Read More »Bitcoin Volatility Has Reached a New Low
The volatility of bitcoin has fallen to a new low, according to both charts and analysts alike. Overall, the currency’s volatility has dropped to its lowest point in 23 months and has fallen by approximately 43 percent over the past week.Bitcoin Volatility Reaches a New BottomThe data is there in that all one needs to really do is look at the present price of bitcoin and its recent patterns. For one thing, the currency has remained above $10,400 for the past several days. $10,400 was...
Read More »20 Crypto Israeli Leaders Hacked Via Telegram: Mossad Investigating
A recent report indicated that approximately 20 Israeli cryptocurrency executives were extorted after a hack and identity theft in a coordinated cyberattack at the start of September.The country’s intelligence agency Mossad and the internal security service Shin Bet were involved with the investigation.20 Israeli Crypto Execs HackedAccording to the report, the coordinated attack took place at the beginning of September. The hackers’ group name remains undisclosed, but people familiar with the...
Read More »Safer Than ICOs? Polkadot Explains How IPO Initial Parachain Offerings (IPOs) Will Work
Polkadot has released a fully detailed explanation of its new IPO (Initial Parachain Offering) model and how it’s going to work.This is the first time the project has gone in-depth about the process, and it’s also the first time they are officially discussing it as teams are preparing for the launch. In an official press release shared with CryptoPotato, the team explained how the new process would work.Polkadot IPO ExplainedBack in 2017, the cryptocurrency field was taken by a storm by the...
Read More »Janice McAfee Calls For Support After John’s Arrest in Spain
The wife of the famous tech entrepreneur John McAfee weighed in on the most recent events, thanking and calling for the community’s support.John McAfee’s Arrest: InjusticeThose who have been following McAfee on social media for the past few years know that he has been particularly vocal about intentionally not paying taxes.As CryptoPotato reported yesterday, the now-retired tech mogul was arrested in Spain and is pending extradition to the US. He was indicted on charges of tax evasion.That’s...
Read More »Monero (XMR) Becoming the Most Popular Cryptocurrency on Darkweb: Europol
Europol has named privacy integrated cryptocurrency mixing services as one of the most gnawing cybercrime threats of our times in the 2020 edition of its IOCTA report. Also, Monero is in the process of becoming the de-facto crypto coin for Darkweb transactions. Zcash and Dash are the next popular alternatives, the agency noted.Privacy Enhancing Cryptocurrency Wallet Services Are ‘Top Threats’Europol is out with it’s 2020 Internet Organized Crime Threat Assessment report. In it, the...
Read More »Bitcoin Enthusiast John McAfee festgenommen
In der Bitcoin-Community ist John McAfee besonders dafür bekannt geworden, dass er einen BTC-Kurs von über einer Million US-Dollar prophezeite. McAfee ist jedoch schon seit Jahrzehnten eine berühmte Persönlichkeit der Tech-Industrie, die auch immer wieder mit dem Gesetz in Konflikt geraten ist. Nun wurde er verhaftet.Bitcoin News: Bitcoin Enthusiast John McAfee festgenommenKonkret wird McAfee Steuerhinterziehung vorgeworfen, weshalb er von den US-Behörden weltweit gesucht wurde. Die...
Read More »Cardano (ADA) Price Analysis: Fresh Rally Likely if it Clears $0.10
ADA price is showing positive signs and trading above the $0.0950 support against the US Dollar.The price is facing hurdles near $0.1000, and testing the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $0.1000 on the 4-hours chart (data feed via Kraken).The price is likely to rally and accelerate higher if it clears the main $0.1000 resistance.Cardano price is recovering and approaching a major breakout against the US Dollar, similar to...
Read More »