The New York-based non-profit organization Human Rights Foundation (HRF) is up to an innovative way of helping human rights activists, journalists, and organizations through the power of Bitcoin. The institution launched a fund, aiming to help software developers in building a more secure network for the digital asset.Privacy-Focused Bitcoin ProjectsIn a recent press release, HRF announced that the project will promote human rights on a global scale. The funds which will be collected should...
Read More »KNC’s KyberSwap Integrates Chainlink For Enhanced Price Feeds
Token swap feature KyberSwap has integrated Chalinink’s price reference data for enhanced accuracy. Up until now, the price feeds of KyberSwap were taken exclusively from Kyber Network.KyberSwap and ChainlinkKyberSwap is a platform allowing users to swap between Ethereum tokens quickly and easily, and it’s powered by Kyber Network’s on-chain liquidity protocol. It allows it to access liquidity for more than 70 different ERC20-based tokens.Up until now, KyberSwap was receiving price data feeds...
Read More »The Canadian Crypto Exchange That Ordered Employees to Create Fake Trades To Inflate Volume
According to a set of leaked documents, the Canadian cryptocurrency exchange Coinsquare was practicing wash trading. This is the practice of creating artificial or “fake” positions to prop up the value of the trading volume on the exchange.Coinsquare Wash Trading ImplicationsA recent report revealed that a set of leaked emails, files, and slack chats, implicate the Canadian cryptocurrency exchange Coinsquare in wash trading.Wash trading is a practice where an investor simultaneously sells and...
Read More »Whales Continue To Accumulate Bitcoin Even After The 2020 Halving
Recent data indicates that the number of Bitcoin whales (containing more than 1,000 BTC) has grown by nearly 9% in the past year. Interestingly, even after the completion of the third halving, whales continue to accumulate, which contradicts with their past performance.BTC Whales On A Shopping SpreeData provided by the monitoring company Glassnode displays the yearly performance of Bitcoin whales.Bitcoin Whales (Addresses With Over 1,000 BTC). Source: GlassnodeThe number of BTC addresses...
Read More »Was Craig Wright Behind the Mt. Gox Hack In 2014?
According to Samson Mow, Chief Strategy Officer of Blockstream, Craig Wright’s lawyers have been sending out letters regarding Craig Wright’s Tulip Trading Limited revealing that access to two of Wright’s Bitcoin addresses has been compromised.This puzzling assertion comes amid a legal battle between Wright and the Kleiman estate, during which Wright has claimed that he is Satoshi Nakamoto, inventor of Bitcoin, but will not pay the Kleiman estate the 1.1 million Bitcoin which they feel they...
Read More »The New York Times Tests A Blockchain-Based Prototype To Tackle Misleading Information
The research and development team of the American newspaper The New York Times has tested a blockchain-based project to address the growing issue of misleading information in the online space.NYT Turns To Blockchain For Validating InfoIn its recent report, the NYT outlined the problem of misinformation, primarily when it comes down to pictures circulating the Internet. Once the images are uploaded somewhere, the chances of being altered or hampered with increase, hence jeopardizing their...
Read More »$10K Is Getting Away From Bitcoin After Another Week of Failed Attempts: The Weekly Market Update
At this point, it seems like $10,000 indeed is a coveted level for Bitcoin bulls. Another week passed, and we saw yet one more failed attempt to reclaim this level.Interestingly enough, it happened minutes after the US Federal Reserve concluded its two-day June meeting, confirming near-zero interest rates for the short- and medium-term. In light of the news, Bitcoin’s price shot up to $10,000, where it was met with strong resistance, and it dropped almost immediately.The following day,...
Read More »John McAfee Announces GHOST-Based Encrypted Chat App With Telegram Integration
Well-known cryptocurrency proponent John McAfee recently announced an upcoming encrypted chat application dubbed TeleGHOST. Based on the GHOST blockchain, it will allow full integration with the widely-utilized encrypted messaging app – Telegram.McAfee Announces TeleGHOST Chat AppThe former antivirus software tycoon posted on Twitter the details regarding the new encrypted chat app that will employ GHOST blockchain called TeleGHOST. It will be a “decentralized private network that can...
Read More »Vitalik Buterin Addresses The Cause For The $2.6 Million Fees ETH Transactions
Over the past couple of days, three transactions with abnormally high fees were carried out on Ethereum’s network. Two of them, both with the same fee of about $2.6 million per transaction, were initiated from the same sending address, while the third one was from a different address and with a smaller fee compared to the others.According to Vitalik Buterin, Ethereum’s Co-Founder, these million-dollar transaction fees “may” actually be blackmail.What Happened on Ethereum’s Blockchain?Two days...
Read More »QuadrigaCX Was A Ponzi Scheme Long Before Founder’s Death, OSC Report Reveals
More than a year after the sad end of Canadian cryptocurrency exchange QuadrigaCX, a new investigative report published by Ontario’s securities regulator reveals that the exchange had gone rogue long before the co-founder was pronounced dead in India.QuadrigaCX was one of Canada’s largest exchanges until late 2018 before the sudden passing of its co-founder and CEO Geral Cotten. The company then claimed only Cotten had access to the private keys of the exchange’s cold wallets, which held some...
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