Bitcoin Gold (BTG) was victimized over the weekend when malicious miners overtook its blockchain as a means of performing a 51 percent attack.A 51 Percent Attack Can Be Very DangerousThe miners saw to it that approximately $72,000 in BTG funds were double spent. This is money in their pockets after they gained control of the network’s hash rate. They performed two separate attacks on the network; the first saw them net gains of approximately $19,000 while the second earned them more than...
Read More »Syscoin’s Newly Launched Bridge Aims to Solve Ethereum’s Scalability Problem
Syscoin, which launched in 2014 as one of the earliest pioneers of ICO fundraisers, has announced the launch of the Syscoin Bridge protocol, allowing ERC20 tokens to move from the Ethereum network into the Syscoin ecosystem. For network users who wish to take advantage of the newfound interoperability, block 348,000 on the Syscoin blockchain will provide the first opportunity.The pitch from Syscoin is for a decentralized, secure, low fee blockchain with high transaction throughput –...
Read More »Jack Dorsey: BTC Will Be as Widely Used as Fiat Soon
Twitter and Square CEO Jack Dorsey has always been friendly towards bitcoin. In a recent interview, he says that he thinks the currency will soon be as “common as cash.”Dorsey Believes BTC Is the Future of FinanceThis rings in with a statement he made in the year 2018. The entrepreneur stated to CNBC that bitcoin, within a period of ten years, was likely to become the world’s “single” currency, meaning all other forms of crypto and fiat would become obsolete. This is an ambitious notion for a...
Read More »Bitcoin Price: Bulls Press on Pause, Reaching Past $9,150 Level
Today Bitcoin price has reached the levels over $9,150. The coin moved within a strong bull trend and reached an intraday high of $9,164.Bitcoin managed to stay in the green zone, despite correction from a recent high on the level of $9,149. The market value fluctuates at a $9,128 level. After an increase of around 2% per day, Bitcoin’s prevailing daily trend is slightly bullish, while volatility levels suggest that further action will be prone to decline.Over the past few days, the bulls...
Read More »Coronavirus: Financial Market Shows Record Plunges as Epidemic Spreads
The global financial market is currently having a terrible time because of the coronavirus. Because there is no control of the virus just yet, the consequent uncertainty is having a terrible effect on the stock market and the global business sector. Yesterday, Coinspeaker reported a crash in global stock markets, specifically with futures on the Dow Jones, Nasdaq, and the S&P 500. A recent eToro note, however, shows that things might be a bit worse.Highlighting Coronavirus Effects on...
Read More »Dubai on Verge of Launching Tax-Free Cryptocurrency Valley
Dubai Multi Commodities Centre (DMCC), a Dubai government-backed entity has teamed up with Switzerland’s Crypto Valley Venture Capital to establish a cryptocurrency valley in the free zone of the country where there are no personal, corporate or withholding taxes, according to reports revealed on January 27, 2020.Cryptocurrency continues to gain more grounds in the digital world. The United Arab Emirates (UAE) is set to witness a massive development and a new Dubai Bitcoin exchange is a...
Read More »Cardano Surges To Top 10 Following A PwC Partnership Announcement: ADA Price Analysis & Overview
Today, Cardano went up by 13.74% gains as buyers continue to show interest.The biggest gainer on market cap targets $0.064 in the near term.Cardano’s bullish sentiment is still moderate against Bitcoin, awaiting a clear break.ADA/USD: Cardano is Poised For More Gains After Surging To $0.042The latest surge in the price of ADA could be traced to the Cardano foundation’s partnership with PwC, a Big Four auditing firm. This collaboration came through as a way of preparing and promoting Cardano...
Read More »BTC HODL Target Found? Almost 50% Say They Will Sell If Bitcoin Price Reaches $100,000
An interesting poll on Twitter revealed that if Bitcoin’s price reached $100,000, most people would prefer to sell either all or some of their holdings for fiat. A comparison with another poll, however, shows an exciting consistency with what Bitcoin holders supposedly intend to do.Majority Will Sell If Bitcoin Price Reaches $100,000One of the most important decisions that an investor has to do is to come up with an exit strategy. In other words, they need to have a clear picture in mind as...
Read More »Philips Considers Selling Its Home Appliance Unit Valued at $2.5 Billion
Dutch multinational conglomerate Philips is planning to review its portfolio as per the latest reports. On Tuesday, Bloomberg reported that Philips is considering the sale of its Home Appliance Unit Royal Philips NV.This domestic appliances division of Philips registered $2.6 billion sales last year selling coffee machines, air purifiers and air fryers. While reviewing its future options, Philips said that carving out this business from its portfolio will take another 12-18 months.Philips CEO...
Read More »Julius Bär lanciert Dienstleistungen für digitale Vermögenswerte
chweizer Privatbank Julius Bär Niederlassung in Frankfurt am Main Foto: CC0 Public Domain von Wikipedia Julius Bär führt ein Angebot für digitale Vermögenswerte ein, basierend auf einer Partnerschaft mit der in der Schweiz ansässigen und unterdessen FINMA lizenzierten SEBA Bank AG. Jetzt ermöglicht Julius Bär ihren Kunden Zugang zu verschiedenen Lösungen zur Aufbewahrung und...
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