Month: June 2020

China’s Blockchain Service Network Reportedly Integrating Ethereum

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China’s state-sponsored Blockchain Service Network (BSN) is reportedly moving to start integrating with public blockchains like Ethereum and Nervos Network. News of these potential integrations come just a week after news broke about the BSN utilizing Chainlink Oracles to increase the speed and security of transactions taking place on-chain. This news seems to bode well for the blockchains and projects involved, and one venture capitalist believes that it will help advance the Chinese crypto sector – which has previously been strangled by regulations. China’s National Blockchain Service Network to Integrate…

IOTA Rolls Out Pollen Release — Its First Fully Decentralized Network – Blockchain News, Opinion, TV and Jobs

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A non-profit foundation focused on distributed ledger technology (DLT) and open-source ecosystem development, the IOTA Foundation, has released the next iteration of its testnet for a fully decentralized network. Called Pollen, the release allows developers and enthusiasts to test the capabilities of a fully decentralized IOTA network for the first time. “The community has always been an important part of IOTA’s development. With this release, we look forward to allowing our research and developer community, along with others to test out and validate the Coordicide components. We look forward to…

London Chelsea Limited Partners With Solidblock To Digitally Raise Financing For London Digital Bond — A Single-family Property Fund Will Be Financed Through Blockchain-based Securities For The First Time Globally

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For the first time in history,  a single-family property fund will be financed through blockchain-based securities. UK investment company London Chelsea Limited is partnering with SolidBlock, a digital securities issuance and trading platform, to raise financing for London Digital Bond, a new fund that invests in prime residential real estate. “We are creating a digital age financial instrument that provides the stability and upside potential of prime London residential properties, combined with the flexibility of trading on a top digital securities platform,” said Yael Tamar, co-founder of SolidBlock. SolidBlock will…

Things You May Not Know About Cryptocurrencies – Blockchain News, Opinion, TV and Jobs

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On May 22, 2010, a programmer purchased two large Papa John’s pizzas for 10,000 bitcoins which was worth about $30 at the time.  Less than a decade later, on 17 December 2017,  a single bitcoin was priced at $19,891.00, meaning 10,000 bitcoin would get you over 13 million pizzas and was worth close to $200 million dollars. It’s widely believed the pizzas were the first purchase of a product with bitcoin, proving the then-nascent cryptocurrency’s potential as a means of payment. Bitcoin and some 4000 other cryptocurrencies today are now…

Security Flaw in Balancer Pools Leads to Massive $450K Crypto Hack

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Automated market maker protocol Balancer lost over $450,000 in a hacking incident on Sunday. The firm’s co-founder and CTO, Mike McDonald, confirmed that hackers drained at least two of their pools that contained deflationary tokens STA and STONK. He admitted that hackers exploited security vulnerabilities in those tokens to trick their pools into selling them Ether, WBTC, LINK, and SNX at cheaper rates. Two pools on Balancer, an automated market maker protocol, lost more than $450,000 to a hacking incident that mainly attacked deflationary tokens. Mike McDonald, the co-founder &…

An Analysis of Global Cryptocurrency Regulations – Blockchain News, Opinion, TV and Jobs

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It’s been more than ten years since cryptocurrencies entered the market, but they still have not seen the traction they deserve or was expected of Satoshi Nakamoto’s amazing gift to the world… and that’s partly because there are many nations that consider tokens as an illegal currency. Cryptocurrencies have reached the international level with the help of the blockchain network, but it still needs credibility and acceptance to be used in the government institutions. The trade market and the financial standing of all the nations keep changing and this makes…

Bitcoin Set To Explode Higher Says This No.1 HODL Signal

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A key metric for where the bitcoin price might be headed is flashing a huge buy signal. In fact the last time it reached its current levels it preceded the rally to the $20,000 all-time high. Over the past week or so the price has held up relatively well given the return of Covid blues to the stock markets. If there is one factor that has been a sturdy predictor of pain to come for bulls, it has been precipitous slides in the S&P 500. The stock market matters so…

Bitcoin (BTC) Turns Bearish, Bitfinex Whale Reappears on Twitter

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In brief: Bitcoin is once again battling to keep its head above $9,000.  Bitfinex Whale, @Joe007, has since reappeared on Twitter. @Joe007 had disabled his account when Bitcoin broke $10,000 in early May and looked set for a bull run.  Famous Bitfinex whale, @Joe007, is once again active on Twitter after leaving the social media platform in early May. In a two-sentence tweet, @Joe007 enthusiastically announced his return by stating that it was time to have some more fun. A screenshot of the tweet can be found below. Social Media…

Top Bitcoin Analyst: COVID19 Killed BTC’s Bull Run

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In summary: Veteran Bitcoin analyst, Willy Woo, has concluded that the economic effects of COVID19 halted BTC’s bull run prior to and after halving. Woo is however optimistic that we are close to another bullish run. The longer it takes for Bitcoin to kick start on a bull season, the higher the probability it will set a higher peak price. Veteran Bitcoin analyst,Willy Woo, has confirmed that the global spread of the Coronavirus and the economic impact of the lockdowns that followed, was the major reason Bitcoin’s bull run due…

Top 10 Indian Cryptocurrency Exchanges In India

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India, the beautiful country, popularly addressed by the term “unity in diversity”, started stepping towards digitalization. Cryptocurrencies got banned in its initial state by many countries and India is one among them.  Fortunately, in March, 2020, Supreme court of India, lifted the ban on Cryptocurrencies and opened the doors widely for the Virtual currencies.  The one and only place to get cryptos is Cryptocurrency Exchange Platform. This article is about the top 10 promising Cryptocurrency Exchanges in India. Top 10  Cryptocurrency Exchanges In India WazirX  WazirX tops the list because…