Day: May 25, 2020

Digitex Futures Integrates Chainlink’s On-chain Price Oracles for Added Transparency and Reliability

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Digitex Futures, the DGTX token powered, zero-fee cryptocurrency futures trading platform has announced a partnership with Chainlink to integrate the latter’s decentralized Price Reference Contracts on its exchange. Chainlink is known for offering reliable real-world input data for various smart contract solutions, and in this case, the company’s decentralized oracle will be helping Digitex Futures maintain the accuracy and integrity of price information on the trading platform. Digitex has already created an accurate internal price feed based on information from trusted spot market sources as part of an index. However,…

Bitcoin Cash Tokenization Bolstered by the Creation of an SLP Foundation

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On Monday, Bitcoin Cash (BCH) supporters were introduced to a Simple Ledger Protocol alliance called the SLP Foundation. According to the initial members, the SLP Foundation has been in the works since December 2019, and the primary goal is to foster SLP innovation and standards. Meet the SLP Foundation: A Nonprofit Aimed at Fostering a Healthy Environment for SLP Growth and Innovation A new organization has been created called the SLP Foundation and it aims to bolster SLP development, growth, and common practices. The Simple Ledger Protocol (SLP) is an…

Craig Wright Called ‘Fraud’ in Message Signed With Bitcoin Addresses He Claims to Own

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The credibility of Craig Wright – the Australian tech entrepreneur who controversially claims to be bitcoin’s pseudonymous inventor, Satoshi Nakamoto – has taken another blow. After a list of bitcoin addresses Wright had provided as being his holdings in an ongoing court case were briefly and “inadvertently” made public by plaintiffs on May 21, 145 of the addresses were used to sign a public message both calling Wright a “fraud” and making it plain that he does not in fact own or control them. The court case was brought by…

Are Bitcoin Bears Back FOREVER?!

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This market trading analysis applies to various exchanges, including Bitmex and Binance. Tackling questions like if Bitcoin can reach 20k again and if we will be seeing a crypto currency market recovery this year. Things like the lightning network have provided huge improvements for BTC and while it is true that others like Roger Ver with Bitcoin Cash (bcash) may disagree, I do see these blockchain technology innovations to be very bullish fundamental signs for the space. To join VIP, click on…

Analyst Is ‘Surprised’ There Hasn’t Been a Large-Scale Attack on Bitcoin Cash Yet

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Yassine Elmandjra, a crypto asset analyst at ARK Invest, said in a May 24 tweet that the Bitcoin Cash (BCH) hashrate fell by 30% since its halving event, and only accounts for about 2% of the SHA-256 hashrate. Elmandjra now thinks it’s only a question of time before somebody takes advantage of the network: “Surprised we haven’t seen a large scale attack yet.” According to data from BitInfoCharts, the Bitcoin Cash average daily hashrate fell by nearly 25.6% since its April 8 halving. Still, Elmandjra presumably did his calculations based…

Analyst Is ‘Surprised’ There Hasn’t Been a Large-Scale Attack on Bitcoin Cash Yet

boss

Yassine Elmandjra, a crypto asset analyst at ARK Invest, said in a May 24 tweet that the Bitcoin Cash (BCH) hashrate fell by 30% since its halving event, and only accounts for about 2% of the SHA-256 hashrate. Elmandjra now thinks it’s only a question of time before somebody takes advantage of the network: “Surprised we haven’t seen a large scale attack yet.” According to data from BitInfoCharts, the Bitcoin Cash average daily hashrate fell by nearly 25.6% since its April 8 halving. Still, Elmandjra presumably did his calculations based…

The Stock Market Has Become a Casino, Thanks to Stimulus Checks

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Stimulus checks could be powering the stock market rally. A considerable number of first-time traders are betting on the market right now. Analysts say that could be dangerous because these traders lack commitment. As the U.S. economy plunges into recession, the big question on Wall Street is how the stock market can be pulling off such an impressive rally. Maybe investors are betting on a V-shaped recovery; perhaps it’s because the Federal reserve has backstopped financial markets. But some analysts believe the S&P 500 is starting to resemble a casino,…

Sony Preps ‘Big F****** Line-Up’ for June PlayStation 5 Event – And We Believe It

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Insider claims that Sony is preparing a hefty line-up of next-gen titles for next month’s rumored PS5 event. SIE Worldwide Studios have been reportedly working on PS5 launch games for the past two-years. The last announced first-party title was Ghost of Tsushima back in 2017. According to the latest grapevine rumblings, Sony’s rumored early June PlayStation 5 event is primed to showcase a stacked roster of next-gen titles. PS5 Event Promises a ‘Big’ Line-Up Speaking during a stream late yesterday, YouTuber, Twitch streamer, and prominent personality in the fighting game…

How Blockchain Technology is Helping to Fight the Novel COVID-19 Pandemic

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As the world battles with the Covid-19 pandemic, and it’s consequent economic and social effects: several world governments, agencies, and institutions are joining the fight to help reduce the spread of the virus while assiduously working to create a cure and a vaccine. For each country, the coronavirus pandemic has caused a major state of emergency, the Government’s role in addressing the issue is more visible at this time when compared to private and independent institutions.      In Italy for instance, the country has recorded a cataclysmic rise in…

Centralized Crypto Futures Exchange Integrates Chainlink’s Price Oracles

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Forthcoming Seychelles-based crypto derivatives trading exchange Digitex Futures has announced it will integrate Chainlink’s (LINK) decentralized price reference contracts on its platform. Chainlink’s decentralized price oracles are typically utilized by decentralized finance (DeFi) applications. With the integration, Digitex claims to comprise the first centralized crypto futures exchange to decentralized oracles. The integration will be used as an anchor to detect internal deviations over a defined percentage. Chainlink describes its price feeds as “security reviewed, sybil resistant, fully independent.” The index is informed by “a variety of trusted spot market sources.”…