Day: August 24, 2020

ZM Stock Down 2.30%, Zoom Confirms Meeting Outage

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Popular video calling software Zoom appears to have been suffering connectivity issues today across the U.S. and Europe. The company confirmed that meetings and video webinars are facing partial outages. American communications technology company Zoom Video Communications Inc (NASDAQ: ZM) said on Monday it has an outage. Even though it seems to be a perfect excuse not to look at your co-workers again this became a huge problem for those who are working from home and it is expected for them who communicate all the time (news redactions, media of…

Conservative Grandpa or Ingenious Investor?

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Berkshire Hathaway’s cashing up in an environment which in the past has seen it invest heavily counter-cyclically – some of Buffett’s biggest and most profitable plays have been during times of crisis – and its foray into a gold stock underscores his risk-aversion. We all have our own opinion regarding Warren Buffett. However, whether it’s positive or not, we cannot deny he is one of the greatest investors of all times. Sometimes Buffett might seem a bit conservative and traditional if to look through his portfolio but, on the other…

Crypto Mass Adoption Will Be Here When… [Fill In The Blank] – Cointelegraph Magazine

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Some attention has been devoted in recent years to the matter of blockchain adoption — more specifically, when will blockchain technology go mainstream — and when it does, how will we even know? The question is somewhat problematic because blockchain is an infrastructure, operating in the background — out of sight — that runs across multiple industries and domains.  In an effort to shed some light on this point at issue, Cointegraph Magazine informally surveyed industry thought leaders to complete this sentence, “We will know blockchain has gone mainstream when…

Binance Unveils ‘Build for Bharat’ Hackathon to Boost DeFi in India

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The unveiling of Build for Bharat is one of the ways Binance CEO CZ intends to extend his presence in the new booming DeFi sector. Popular cryptocurrency exchange Binance has unveiled Build for Bharat, a Decentralized Finance-focused hackathon and accelerator program for India. Coming off as India’s first hackathon focused on DeFi initiatives, the program seeks startups working on Mini Tokens, Micro Financing Products, Blockchain AI Solutions, and more. “Build for Bharat invites creators, innovators, and BUIDLers from all over India to come and showcase their talent by building unique…

Botnet Distributed Denial of Service Attacks are Mining for Your Bitcoin

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Distributed Denial of Service is known for damaging enterprises for over $2.3 million and negatively affecting the reputation of companies that had to recover from these cyberattacks. Read more about DDoS attacks and their role in mining for Bitcoin using botnets. What is a Distributed Denial of Service Attack? Distributed Denial of Service (DDoS for short) is the type of malicious cyberattack that disrupts websites, apps, and sometimes entire networks. Not every Distributed Denial of Service attack is the same. They focus on different vectors (HTTP, for instance), and hackers have different intentions, sometimes to threaten and other times to…

DeFi investment hype fuels rise in crypto exit scams

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It’s hype season in the crypto space once again, and unsuspecting investors are at risk of suffering losses. Riding on the coattails of decentralized finance tokens that have provided staggering yields, rogue actors are flooding automated market makers like Uniswap with fake tokens. These schemes range from the elaborate to the downright lazy, but many seem to be hitting their mark, likely preying on the greed or ignorance of newbie crypto enthusiasts. Survivors of the many pump and dumps that dominated the 2017 initial coin offering era can probably identify…

Bitcoin Holds Above The Clouds As Bulls Prepare For Heavenly Monthly Close

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Bitcoin’s powerful 2020 rally may have taken a short pause, but the cryptocurrency holding strong above the one-month Ichimoku cloud could be a sign that more upside is coming soon. However, a comparison to the last Bitcoin market cycle shows that the cloud could rain on bulls’ parade any day now, causing the last correction before the bull run begins. Bitcoin Price Holds Above Monthly Ichimoku Cloud, Bulls Must Reclaim Support All eyes are on Bitcoin as the cryptocurrency embarks on its next moon mission. But like any rocketship heading…

Bittrex Global Welcomes Centric As First-Ever TRC20 Token Listed On The Platform

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Place/Date: London, United Kingdom – August 24th, 2020 at 4:41 pm UTC · 4 min read Source: Bittrex Global Two years ago, tech entrepreneur Justin Sun launched TRON, an ambitious blockchain project aiming to expand the field of decentralized finance (DeFi). With a mission to decentralize the internet, TRON is frequently compared to blockchain veteran Ethereum. TRON, however, handles much higher transaction volume with minimum energy consumption, making it an attractive blockchain platform alternative for many crypto projects. Like David battling Goliath, the underdog TRON’s ambitious plans and execution have…

Blockchain Bites: Aave’s Advance, BitMEX’s Block, Turkey’s Bitcoin Trot

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A branch of the Fed is looking at 30 blockchain networks to possibly support a “digital dollar,” Turkey is experiencing a bitcoin bull run and the Aave protocol has taken a leap forward for DeFi. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CoinDesk’s newsletters here.  Top shelf “Can’t stop the nodl”Turkey is experiencing a dollarization crisis and a bitcoin bull run, exchange volume data reveals. BTCTurk, the largest crypto exchange in Istanbul, has…