Day: February 18, 2020

Boerse Stuttgart Subsidiary Launching Institutional Crypto Custody Services

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Blocknox, a subsidiary of the second largest German stock exchange Boerse Stuttgart, is expanding its cryptocurrency custody service to institutional players. According to an announcement from the bourse on Tuesday, Blocknox already provides custody for crypto assets on an “escrow basis,” and has made the service available to users of Boerse Stuttgart’s BISON app and its digital assets exchange, BSDEX. The firm is now aiming to expand its services outside the group’s own offerings, planning to safeguard cryptocurrencies and “other digital assets” for institutional clients such as banks and asset…

Decentralized Lending Protocol bZx Hacked Twice in a Matter of Days

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Decentralized finance (DeFi) proponents are taking a hard hit after decentralized lending protocol bZx saw two successful hacks just days apart with losses totalling around $954,000. According to bZx’s report, the protocol was compromised for the first time on Feb. 14, when the team was at the ETHDenver industry event. The second attack, according to industry news outlet The Block, took place on Feb. 18. The first attack’s procedure The attacker used multiple DeFi protocols to lend and swap significant quantities of Ether and wrapped Bitcoin (WBTC) — a token…

New Platform Helps Developers Tokenize Their Games on Ethereum

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A new initiative aims to make game creation and creative projects on the blockchain simpler for a wider community.  Today, Feb. 18, blockchain startup Enjin launched its gaming and digital collectibles creation platform on the Ethereum mainnet. Platforms such as Enjin’s consider that the blockchain can and should be used for purposes beyond currency and value transfer.  Commodities such as video games, digital art and even memes can be tokenized and monetized, circulating in a peer-to-peer community using blockchain technology.  For this kind of ecosystem, a unique but tradeable blockchain…

Bitcoin Risks Massive Plunge even amidst Golden Cross Setup; Here’s Why

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Is the price of bitcoin preparing for a massive price rally ahead? Many traders believe so. The optimistic sentiments emerge owing to a potentially bullish factor. The bitcoin’s 50-daily moving average this Tuesday inched above its 200-daily moving average, a pattern known as Golden Cross. Golden Cross formation hints an upside price rally | Source: TradingView.com, Coinbase This indicator has flashed on a few occasions in recent times. Last seen in April 2019, it more or less resulted in a massive price spike, pushing bitcoin’s spot rate from below circa…

BiKi.com Announces Electroneum Listing with 6 Million ETN Giveaway

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18th February, 2020, Singapore – Global crypto exchange BiKi.com is proud to announce that Electroneum (ETN), one of the most innovative and trailblazing projects in the cryptocurrency space, will be listed on its platform.  Speaking of the ETN listing on BiKi.com, Ethan Ng, CEO of BiKi Southeast Asia, declares, “ETN is a very internationally established project and we are very honored they have chosen to list with us. As listing is just the beginning of our journey together, we look forward to growing with them, promoting their token brand name…

Coronavirus is 20x Deadlier than the Flu, Shocking New Data Reveals

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The coronavirus (COVID-19) is much deadlier than the seasonal flu with a fatality rate of 2.3 percent. Comparisons between the virus and the flu are irrational. COVID-19 has caused a decline in the economic sentiment of major countries like Germany. When coronavirus was first publicized, many were quick to drive the narrative that the seasonal flu is more dangerous than the contagious virus. New analysis shows COVID-19 is at least 20 times more fatal than the flu. Irresponsible to claim flu is worse than the Wuhan coronavirus The narrative that…

Golden Cross Gives Little Relief as Bitcoin Risks Fall Below 2020 Bullish Trendline

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View Bitcoin is struggling to draw bids despite a confirmed “golden cross” pattern on the daily chart. That, coupled with bearish short duration indicators, suggests scope for a convincing break below the 2020 rising trendline currently near $9,700. That would expose the next support at $9,200. The bearish case would weaken if prices return above today’s Asian session high of $9,825. A move above Sunday’s high of $10,051 is needed to revive the short-term bullish setup. While a long-term chart indicator has just made a bullish call, bitcoin is struggling…

Ridiculed Solskjaer Deserves Respect as Man Utd’s Big-Game Manager

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Manchester United are now just three points off the top four They have beaten Chelsea, Manchester City, Tottenham and Leicester this season Solskjaer is often criticised for his shortcomings but his record against big-six rivals is hugely impressive Ole Gunnar Solskjaer rose from his seat without a smile. He shook Frank Lampard’s hand and then did the same with the Chelsea coaching staff. There were no fist pumps or sprints down the touchline. But deep inside, the Manchester United manager would have been delighted. Monday 2-0 victory at Stamford Bridge…

Ridiculed Solskjaer Deserves Respect as Man Utd’s Big-Game Manager

boss

Manchester United are now just three points off the top four They have beaten Chelsea, Manchester City, Tottenham and Leicester this season Solskjaer is often criticised for his shortcomings but his record against big-six rivals is hugely impressive Ole Gunnar Solskjaer rose from his seat without a smile. He shook Frank Lampard’s hand and then did the same with the Chelsea coaching staff. There were no fist pumps or sprints down the touchline. But deep inside, the Manchester United manager would have been delighted. Monday 2-0 victory at Stamford Bridge…

Binance Exchange Unveils Cloud Infrastructure for Prospective Bitcoin Exchanges

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Binance Holdings Ltd., one of the world’s most innovative and largest Bitcoin (BTC) trading venues, has announced the launch of its business-to-business-to-consumer (B2B2C) cloud infrastructure aimed at making it possible for interested businesses to launch their digital assets exchanges. The team says crypto exchanges built upon Binance cloud will enjoy the same liquidity, security and other cutting-edge features available on Binance exchange, according to a blog post on February 17, 2020. Binance Cloud Goes Live  As part of its mission to accelerate mainstream crypto adoption, Binance has rolled out its…