June 2020

US Regulators Have Double Standards When It Comes to Bitcoin

June 6, 2020 boss

Bitcoin (BTC) exchange-traded funds, or ETFs, have faced unfair pushback from U.S. regulators, according to VanEck director and digital asset specialist Gabor Gurbacs. “There’s a persistent double standard against Bitcoin and digital assets, which I think is wrong,” Gurbacs told host Max Keiser on a recent episode of the Keiser Report. Bitcoin ETF denials by the bushel In its simplest form, a Bitcoin ETF is a financial product traded officially on mainstream stock markets, with shares representing exposure to Bitcoin’s price. A Bitcoin ETF might be cash-backed or BTC-backed, depending…

Warren Buffett Should Follow His Own Advice – He’d Be $81 Billion Richer

June 6, 2020 boss

Warren Buffett’s Berkshire Hathaway has underperformed the broader stock market for a decade. If he followed his own advice and just bought an S&p 500 tracker fund, he’d be $81 billion richer. In fact, he’d be the richest man on the planet. It’s been a rough year for Warren Buffett. The March sell-off wiped out much of his portfolio at Berkshire Hathaway (NYSE: BRK.A) and it hasn’t bounced back. And this isn’t just a short-term problem. The Oracle of Omaha has lagged the broader S&P 500 for a decade. Proof…

This Ethereum Liquidity Trend Suggests ETH Bulls Are Incredibly Strong

June 6, 2020 boss

Ethereum has been caught within a bout of sideways trading throughout the past several days and weeks, struggling to garner any decisive momentum as it hovers within the mid-$240 region. The crypto did witness some immense volatility earlier this week that caused it to plummet to lows of $230 before posting a strong rebound that led it back up to its current price levels. The price action seen throughout the past few days has done little to offer investors clarity into the cryptocurrency’s near-term trend, as it still remains unclear…

Solutions for Overcoming DeFi Security Breaches

June 6, 2020 boss

Decentralized finance, commonly referred to as DeFi, has grabbed the attention of mainstream financial and technology audiences alike. While the sector has been applauded for bringing about innovative digital finance solutions from lending to payments, progress has been overshadowed by high profile security breaches. Adhering to these security guidelines will ensure that DeFi solutions will be better equipped to offer users a more instant, safe and secure network than traditional banking services. New DeFi market opportunities overshadowed by security threats When governments enforced lockdowns to prevent the spread of the…

Vladimir Putin’s Next Presidential Term Will Depend on Blockchain-Powered Constitutional Amendment Voting

June 6, 2020 boss

Russia’s upcoming e-voting on Vladimir Putin’s Constitutional amendments will be implemented using blockchain technology. Citizens in Moscow will be able to cast their votes online using blockchain-powered e-voting, according to the Moscow government’s official website. Starting on June 5, Moscow citizens can sign up for the upcoming voting scheduled from June 25 to June 30. By implementing blockchain technology for the voting process, it ensures security and transparency and will help to anonymize and encrypt each vote which provides the immutability of the data. The Russian…

Someone Just Anonymously Dropped an ETH 2.0 Scaling Solution On Medium

June 6, 2020 boss

As the world awaits Ethereum (ETH) 2.0 staking implementation, someone operating under the pseudonym “heyheeyheeey” posted a Medium article with a solution based on the protocol. The concept is a “design for an ETH2 staking solution on top of Argent, that is fast and simple to use so that users with less time, knowledge or skills can join from the beginning,” the author wrote on June 2. Argent is a crypto wallet solution with elements of decentralized finance, or DeFi compatibility. ETH 2.0 is on its way A big topic…