While it may sound like a story out of the movies or motivational books that many people read today, the story of Bom Kim who is the founder of Coupang, a $9 billion electronic commerce company has been inspiring through an through. Coupang has been described by many to be South Korea’s “Amazon”, an appellation that hasn’t been accorded to any other company; at least not yet. Coupang has been one of those companies that have had a history of disruption and reinvention which has helped make it...
Read More »Android Vulnerability May Cost More than You Think as It Affects Wallet and Banking Data
If you are an Android user, you probably have been dealing with a lot of pre-cautious measures aimed at protecting your phone from viruses and bugs. However, there is new trouble in the house – and it won’t erase your contact list. Even worse. It will erase your bank account (or, should we say, erase the money you have). If you have a fully patched Android phone, be warned. Researchers from security firm Promon reported in a post that there is a vulnerability that enables hostile apps to...
Read More »Blockchain in Healthcare Symposium Event Overview
In health care industry there is a massive opportunity for a Blockchain revolution to lead a digital transformation from medical records, to pharmaceutical supply chains to smart contracts for payment distributions. There are plenty of opportunities to leverage this technology. Many healthcare companies are currently working on or have already released blockchain-based systems to improve healthcare for both professionals and patients.The adoption of the blockchain technology could save the...
Read More »State Street Cuts Down DLT Developer Team as It Adjusts Its Blockchain Strategy
In what seems like an about-face, global banking custodian State Street has drastically cut down its Decentralized Ledger Technologies team, as sources indicate. Rather than focus on building a complete DLT ecosystem from scratch which hitherto before now had been the strategy that State Street pursued, the custodian has decided to focus on digital assets which include tokenized stocks and bonds as well cryptocurrencies. Such an approach is to be applied instead of a bottom-up strategy which...
Read More »Cardano (ADA) Price Analysis: Risk of Additional Downsides
ADA price started a fresh decline after it failed to surpass the $0.0420 resistance against the US Dollar.The price is currently declining and trading below the $0.0400 support area.There is a descending channel forming with resistance near $0.0375 on the 4-hours chart (data feed via Kraken).The price is likely to accelerate losses below the $0.0355 and $0.0350 support levels in the near term.Cardano price is following a downtrend against the US Dollar and bitcoin. ADA price could continue to...
Read More »$1.5 Million Worth Of Cryptocurrency Seized By Australia’s Border Force
The Australian Border Force (ABF) has recently assisted in the apprehension of a couple for allegedly transporting MDMA. After seizing all drugs, the authorities found over $1.5 million worth of cryptocurrencies, which officials believe is the most substantial amount ever caught of its kind.Drug Transportation and Cryptocurrency InvolvementThe Australian Federal Police and WA Police Force recently worked together on a case in Perth for drug transportation, according to a report. It says that...
Read More »Bitcoin Price Analysis: BTC Approaching Last Line Of Defense
Bitcoin price is declining and it is now trading well below $7,500 against the US Dollar.The price is likely to extend its decline towards the $7,040 support area.There is a contracting triangle forming with resistance near $7,280 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could bounce back unless there is no daily close below $7,040 and $7,000.Bitcoin price is showing bearish signs below $7,300 against the US Dollar. BTC is under pressure, but it might hold...
Read More »Bitcoin Price Breaks Down Towards $7000: The Indicators Anticipating a Huge Move Coming-up
Over the past three days, Bitcoin was ‘stuck’ between the significant price range of $7300 – $7400. This range is familiar to Bitcoin, as the cryptocurrency struggled there for an extended period during November.The last time Bitcoin broke down from that range; it resulted in a daily candlewick down to $6500, which is the lowest price of Bitcoin since May 17, 2019.Besides, on the daily chart, Bitcoin encountered two major descending trend-lines and couldn’t overcome beyond them.A few hours...
Read More »#764 China blockiert ETH Explorer, UpBit Hacker bewegen Ethereum & Bank verbietet Mitarbeitern Bitcoin
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 764. Heute sprechen wir über folgende Themen: China Firewall blockiert ETH Blockchain Explorer, UpBit Hacker bewegen gestohlene Ethereum & Bank darf seinen Mitarbeitern Bitcoin verbieten. [embedded content] 1.) Ethereum China Shutdown? – Firewall blockiert ETH Blockchain Explorerhttps://cryptomonday.de/ethereum-china-shutdown-firewall-blockiert-eth-blockchain-explorer/ 2.) Upbit-Hack-Update: Hacker bewegen gestohlene...
Read More »SRF: Werden die Bitcoin-Banken zur Konkurrenz etablierter Banken?
Bitcoin-Banken – Konkurrenz für etablierte Banken Die beiden Technologie-Unternehmen Sygnum und Seba Crypto haben im vergangenen Sommer je eine vollwertige Banklizenz erhalten. Mit neuen Möglichkeiten für Krypto-Anlagen und digitaler Mittelbeschaffung konkurrieren sie etablierte Banken im Segment vermögender und institutioneller Kunden. «ECO» mit einem Schwerpunkt zur...
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