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Swiss blockchain startup, Nym Technologies, has invited the general public to take part in the next phase of its mixnet platform’s user testing on April 8. The privacy infrastructure promises advanced protection against mass-surveillance, and comes at a time when governments globally are expanding their powers in the name of fighting the COVID-19 pandemic. The good mixer Users are initially invited to run mix-nodes on the Nym testnet. A global network of mix-nodes will form the mixnet, which acts to irreversibly hide patterns and metadata in internet traffic by mixing…
United Kingdom-based startup Cashaa has developed a fiat gateway for BEP2 tokens on Binance Chain. Announced on April 9, the integration would let users sell and buy tokens directly for fiat currencies. Specifically, Cashaa will support the U.S. dollar, the U.K. pound sterling, the euro and the Indian rupee. The fiat gateway would connect to common banking networks for each respective currency, such as the Faster Payment Service in the U.K., the Single Euro Payment Area network in the European Union, India’s National Electronic Funds Transfer and Automated Clearing House…
The leading cryptocurrency exchange and trading platform OKEx is extending support for yet another token. According to the announcement, Creditcoin (CTC) is the latest addition to its already extensive list of cryptocurrencies, now available for spot trading against USDT and BTC starting at 09:00 (UTC) on April 10, 2020. With the inclusion of Creditcoin (CTC), OKEx will be supporting a growing immutable, transparent and borderless blockchain network that provides mass access to crypto loans, especially to those with poor or no credit rating. OKEx started the listing process by enabling…
A bitcoin investment scheme has reportedly claimed that Prince Harry and Meghan Markle are making millions using a “wealth loophole” and have urged everyone to check out Bitcoin Evolution. However, this is a sales tactic by a known scam, claiming that some members earned their first million in just 61 days. Also read: Bitcoin Revolution: Wanna Earn $1,000 a Day? Government Warns About This Scam Investment Scheme Uses Prince Harry and Meghan Markle to Attract Investors The world’s financial crisis and significant job losses have driven many people to look…
In the wake of “Black Thursday,” it seemed clear to some that Bitcoin was dead: hundreds of millions of dollars worth of BitMEX positions were liquidated, the crypto’s market liquidity dried up (accentuated by the 50% drop in a day), and Crypto Twitter briefly became a ghost town. But, as I recently cataloged in a Twitter thread, citing evidence from a number of sources, data is showing that both institutional and retail demand for cryptocurrencies, especially Bitcoin, is growing at a rapid clip. All data is pointing towards both retail…
In the wake of “Black Thursday,” it seemed clear to some that Bitcoin was dead: hundreds of millions of dollars worth of BitMEX positions were liquidated, the crypto’s market liquidity dried up (accentuated by the 50% drop in a day), and Crypto Twitter briefly became a ghost town. But, as I recently cataloged in a Twitter thread, citing evidence from a number of sources, data is showing that both institutional and retail demand for cryptocurrencies, especially Bitcoin, is growing at a rapid clip. All data is pointing towards both retail…
A Bitcoin-mining power plant in upstate New York has sold 106 petahash of its computing power to an undisclosed buyer using a “hashpower contract” settled in Bitcoin (BTC). The contract — brokered by BitOoda Digital — first launched in January with the aim of providing institutional investors to purchase large blocks of Bitcoin hashpower in over-the-counter markets. On April 10, the chief financial officer of Greenidge Generation claimed that the new instrument provides: “The same kind of time-tested hedging capabilities seen in traditional commodity markets […] bring[ing] the benefits of…
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There are more Bitcoin (BTC) whales now than at any point in the past two years — and that mimics a trend from its 2016 halving, data shows. In its latest Week On-Chain report on April 9, monitoring resource Glassnode revealed that current numbers of major Bitcoin investors are extremely similar to early 2016. Glassnode: whales see “room for growth” Specifically, 30 days before Bitcoin’s 2020 halving, the number of entities holding at least 1,000 BTC ($6.92 million) is now just under 1,850. At the start of Q2 2016, several…