June 2020

It Looks Like Some Stolen Bitfinex Coins Are Already Back at Bitfinex

June 9, 2020 boss

Recently, some of the 120,000 Bitcoin (BTC) that was stolen from Bitfinex in 2016 started moving again. Here is what has been happening with this stash of coins valued at over $1 billion. 2016 Bitfinex hack summary. Source: Crystal. $1 billion in BTC waiting to be dumped Thus far, the hackers have moved less than 3,000 BTC out of almost 120,000 BTC that they managed to steal from the exchange. The highest proportion of coins that have been spent went to darknet marketplaces, with the Russain giant Hydra leading the pack…

How Blockchain Is Changing the Advertising Industry

June 9, 2020 boss

Even though advertising has been around for about as long as commerce has, in today’s digital age entirely new problems are popping up that are souring the experience for advertisers, publishers and the public alike. Costs have risen, the handling of consumer data has become an issue and ad fraud is far too common. Now, some innovative blockchain products are trying to address all of this and make advertising simpler, more direct, safer and more profitable all around. Current challenges facing digital advertising One of the biggest issues that advertisers…

1 Billion Idled XRP Tokens Changed Hands: Massive Volatility is Underway

June 9, 2020 boss

Ripple’s XRP has been consolidating within a narrow trading range for over the past month. The price action of this cryptocurrency is mostly contained between the $0.192 support level and the $0.212 resistance. Throughout this stagnation phase, the Bollinger bands were forced to squeeze based on XRP’s 1-day chart. Squeezes are indicative of periods of low volatility and are typically succeeded by wild price movements. The inability of this technical index to provide a clear path for XRP’s direction makes the area between the lower and upper band a reasonable…

2020 Libertarian Presidential Candidate Jo Jorgensen Talks Bitcoin, Endless Wars, Covid-19 Response

June 9, 2020 boss

On June 8, news.Bitcoin.com chatted with the U.S. 2020 Libertarian candidate for president, Joanne Jorgensen. The Libertarian Party’s nominee for president is the party’s first female candidate and she is a firm believer in free markets and civil liberties. This week our newsdesk discussed a number of issues with the Libertarian 2020 presidential candidate Joanne Jorgensen, otherwise known as “Jo.” The Libertarian nominee is a well known political activist and academic researcher during the last few decades. Jo Jorgensen discusses a number of subjects with our newsdesk including Donald Trump,…

Zilliqa (ZIL) Beats Bitcoin With 950% Gains Since March, What’s Next?

June 9, 2020 boss

While the price of Bitcoin (BTC) has been consolidating under $10,000, several altcoins have shown tremendous rallies such as Theta Token (THETA) and Zilliqa (ZIL). Zilliqa, in particular, the 40th-ranked cryptocurrency by market capitalization, has seen a surge of 950% since the crash in March, which warrants an analysis of whether ZIL’s monster rally is finished or just getting started. Crypto market daily performance. Source: Coin360 Zilliqa rallies towards $0.02 after hitting the bottom of $0.0022 in March After Zilliqa hit its cycle low at $0.0022, the cryptocurrency rallied massively…

Baseline Integrates Microsoft and Google Spreadsheets Using Ethereum Mainnet

June 9, 2020 boss

The Baseline Protocol has launched integrations for Google Sheets and Microsoft Dynamics 365. The new function allows for the maintenance of verifiably consistent records using a spreadsheet in conjunction with an enterprise resource planning (ERP) solution. Baseline published a proof-of-concept on June 7 demonstrating the “baselining” of spreadsheet data to verify that multiple independent private databases hold the same records. The Baseline Protocol was launched in March and was developed through collaboration between Microsoft, EY, and ConsenSys. The concept used baselining to verify that the records held by separate entities’…

Multibillionaire Hedge Fund Pits Bitcoin against Lower-Yield Bonds

June 9, 2020 boss

Bitcoin got a special mention in a journal penned by Paul Britton, the CEO & Founder of Capstone Investment Advisors. The hedge fund manager recommended asset allocators to think about alternatives to government bonds, such as “cryptocurrencies.” The statement took cues from the sovereign assets’ inability to insure 60/40 portfolios after the Federal Reserve slashed interest rates to near zero. In his latest op-ed on Financial Times, Capstone Investment Advisors’ Founder and CEO, Paul Britton, ended up mentioning Bitcoin as an alternative to government bonds. The hedge fund manager, who holds over $22.5…