Day: February 25, 2020

Dow Shivers as Coronavirus Threatens Upto 70% of World’s Population

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Dow Jones Industrial Average (DJIA) futures bounce back after yesterday’s brutal 1,000 point plunge. Harvard professor says the coronavirus likely can’t be contained and could infect more than half the world’ population. The impact on global GDP could be more than $1 trillion. After the worst selloff in two years, the U.S. stock market looks poised for more pain on Tuesday. Dow Jones Industrial Average (DJIA) futures turned negative in the early hours, pointing to another weak market open. Investors remain in risk-off mode as coronavirus panic spreads. In a…

Valorant? Riot Games’ CS:GO-Successor ‘Project A’ May Have a Name

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Riot Games has filed a trademark for the name Valorant. Domains and social media accounts bearing the same name have also popped up this month. The upcoming tactical shooter, Project A, may be called Valorant. Valorant may be the name of Riot Games’ upcoming tactical first-person shooter, Project A. At least, this is what would-be-fans have deduced from a flurry of trademarking activity. Riot Games Trademarks ‘Valorant’ On Feb. 20, Riot Games filed a trademark for the name Valorant in multiple countries. Riot registered the trademark as a class 9…

Valorant? Riot Games’ CS:GO-Successor ‘Project A’ May Have a Name

boss

Riot Games has filed a trademark for the name Valorant. Domains and social media accounts bearing the same name have also popped up this month. The upcoming tactical shooter, Project A, may be called Valorant. Valorant may be the name of Riot Games’ upcoming tactical first-person shooter, Project A. At least, this is what would-be-fans have deduced from a flurry of trademarking activity. Riot Games Trademarks ‘Valorant’ On Feb. 20, Riot Games filed a trademark for the name Valorant in multiple countries. Riot registered the trademark as a class 9…

New Blockchain Forensics Tool Developed Through French-Austrian Cooperation

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The French cybersecurity company Nigma Conseil and the Austrian Institute of Technology (AIT) have revealed to have collaborated on developing a new blockchain forensics tool. The agreement was signed on Feb. 25 to work on e-Nigma, a proposed compliance tool. E-Nigma provides its users with a way of conducting due diligence investigations in response to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulation. Like other similar tools, it monitors and organizes blockchain transactions. The platform provides several advanced features such as risk scoring and wallet clustering. It is able…

Crypto-Friendly Banking App Now One of Europe’s Most Valuable Fintechs

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United Kingdom-based digital bank Revolut has raised $500 million in a fresh funding round and tripled its valuation to hit $5.5 billion. This, as the Financial Times reported on Feb. 25, makes the crypto-supporting app one of Europe’s most valuable fintech firms. Since late 2017, Revolut’s app has enabled its users to complete transactions in cryptocurrencies that include Bitcoin (BTC), Litecoin (LTC), Ether (ETH) and XRP.  In Dec. 2018, the firm received a banking license in Lithuania, paving the way for a transition away from prepaid cards toward offering a…

Crypto-Friendly Banking App Now One of Europe’s Most Valuable Fintechs

boss

United Kingdom-based digital bank Revolut has raised $500 million in a fresh funding round and tripled its valuation to hit $5.5 billion. This, as the Financial Times reported on Feb. 25, makes the crypto-supporting app one of Europe’s most valuable fintech firms. Since late 2017, Revolut’s app has enabled its users to complete transactions in cryptocurrencies that include Bitcoin (BTC), Litecoin (LTC), Ether (ETH) and XRP.  In Dec. 2018, the firm received a banking license in Lithuania, paving the way for a transition away from prepaid cards toward offering a…

Germany’s Second Largest Exchange Boerse Stuttgart Lists Short Bitcoin ETP

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Investors looking to short Bitcoin (BTC) have a new option in Germany. On Feb. 25, Boerse Stuttgart — the country’s second-largest stock exchange — announced the listing of an exchange-traded product (ETP) that is inversely correlated to the cryptocurrency’s price swings. Hedging against all scenarios The inverse ETP is issued by crypto fund manager 21Shares, formerly known as Amun. The product offers investors a positive return whenever Bitcoin’s price falls — minus a daily management fee. Already listed on Switzerland‘s principal stock exchange SIX Swiss Exchange, the 21Shares Short Bitcoin…

Dow’s 1,000 Point Plunge a Precursor to Brutal Stock Market Crash

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The U.S. stock market has been rallying thanks to massive amounts of liquidity injection from the Federal Reserve. The calm rise in indices has made investors complacent and misprice risk. The Dow Jones witnessed a 1,000 point drop on Monday, and technical data points suggest that it’s just the beginning. Dow Jones’ drop on Monday took many investors by surprise. But historical data suggests that the stock market has a lot of room to fall. The U.S. stock market has been in ‘risk-on’ mode for several months. Thanks to tremendous…

Dow’s 1,000 Point Plunge a Precursor to Brutal Stock Market Crash

boss

The U.S. stock market has been rallying thanks to massive amounts of liquidity injection from the Federal Reserve. The calm rise in indices has made investors complacent and misprice risk. The Dow Jones witnessed a 1,000 point drop on Monday, and technical data points suggest that it’s just the beginning. Dow Jones’ drop on Monday took many investors by surprise. But historical data suggests that the stock market has a lot of room to fall. The U.S. stock market has been in ‘risk-on’ mode for several months. Thanks to tremendous…

How to Hide Your Bitcoin – Opsec, Anonymity, Cold Storage, Brainwallet, Dexes and Non-Custodials

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In an era of increasing economic uncertainty, surveillance, specialized cybercrime and hacking, knowing how to hide bitcoin safely has become a paramount concern for crypto holders. Whether it’s by way of taking wise opsec measures, utilizing noncustodial tools, leveraging a DEX, or even storing seed phrases in your brain, there’s no shortage of measures that can be taken to protect your stash. This article seeks to detail some of the best ways anyone can use to ensure their coins remain safe from bad actors. Also read: Get Ready for the…