Graphic-design software firm Snappa described Bitcoin as “a far superior savings technology.” Original
Canadian Software Startup Puts 40% of Cash Reserves Into Bitcoin
Day: August 24, 2020
Stop Bullying Kellyanne Conway’s Daughter
Kellyanne Conway announced she was leaving the White House. The abrupt resignation followed her teenage daughter Claudia’s assertion that she was seeking emancipation from her parents. Trump fans launched disgusting attacks at the 15-year-old. Claudia Conway – the teenage daughter of Kellyanne and George Conway – suddenly finds herself in the MAGA Twitter crosshairs. After Claudia claimed she was seeking emancipation from her parents, her mother – a Republican strategist and staunch Trump ally – announced she was leaving her White House post. This prompted the Toxic Twitter Right to…
Microsoft’s Halo Infinite Delay Could Unravel Into an Xbox Disaster
Halo Infinite might be pushed back to 2022, according to one Microsoft insider. This delay could also see the Xbox One version of the game canceled altogether. While a short delay to make the game better was right, this long delay could do real damage to the Xbox brand. The launch delay of Halo Infinite drew a variety of reactions from the gaming community. On one side, people were happy to see that 343 Industries were doing the right thing for the development of the game. People on the other…
Bitcoin Miner Layer1 Misdescribed Core Member In $50M Investment Pitch
Layer1, the U.S. bitcoin mining startup backed by high-profile investors, has misdescribed the role of a supposed core team member in a recent pitch deck, according to that team member. The full deck – which was shared with CoinDesk by an investor who received it from Layer1 around June – shows a management team slide in which Layer1 told potential investors that Liu Xiangfu, co-founder and a former director of Chinese bitcoin miner maker Canaan, is its Head of Supply Chain. Further, in the equity structure slide, the deck described…
Historical Cycles Suggest Bitcoin Will Reach for New Highs in January of 2021
Analysts are widely growing bullish on Bitcoin’s mid-term outlook as the cryptocurrency continues consolidating within the upper-$11,000 region. After a bout of slight weakness last week, BTC is beginning to express signs of strength as buyers push its price up towards $12,000. Until it is able to firmly surmount this level and gain a strong foothold within the $12,000 region, it still remains vulnerable to seeing notable downside. One analyst is now pointing to Bitcoin’s historical market cycles to offer guidance on where the benchmark cryptocurrency may trend in the…
Bitcoin News Roundup for Aug. 24, 2020
With Turkey getting bullish on bitcoin and BitMex blocking users in part of Canada, CoinDesk’s Markets Daily is back for your latest crypto news roundup! The funds likely boosted short positions to take advantage of attractive “cash and carry” yields. Venture capital is no longer just for the rich, as crypto markets let traders bet on early-stage digital-asset startups, risks included. The relationship between economic crisis and crypto exchange activity in Turkey appears to have changed, with bitcoin coming out on the winning end. The veteran cryptocurrency derivatives exchange is…
How to Use Crypto P2P Trading Platforms
Users of the Bitcoin Global platform can create their own price equation formulas to maximize these price feeds accordingly. Developers, on the other hand, can automate advertisement management through the native API. Trading Bitcoin is something that should be done without relying on middlemen. Exploring opportunities in the peer-to-peer marketplace space has many advantages over dealing with exchanges and brokers. Several key benefits can be achieved by exploring peer-to-peer Bitcoin trading. Although this may not necessarily be the most convenient solution compared to exchanges, it is all about financial freedom. Unlocking…
A major dark web marketplace has been offline for days and no one knows why
Empire Market, a major darknet marketplace for buying and selling illicit goods, has been offline for over 48 hours as of press time. Customers have begun to raise concerns about whether a DDoS attack is causing the site to stay offline, or if something bigger is afoot. Twitter user dark.fail, an anonymous journalist specializing in the Tor Project, suggested that the blackout “feels more stressful than [Empire market’s] frequent” downtime in 2019, when DDoS attacks kept the site offline for extended periods of time. Someone claiming to be one of…
Tesla (TSLA) Stock Hit Record $2,000, Its Valuation Tops ExxonMobil, Royal Dutch Shell, BP Combined
The rapid growth of TSLA shares has led to an increase in the Tesla value that currently makes up $382.04 billion. Now both analysts and investors believe the best days for Tesla are still ahead. At the end of the last week, Tesla Inc (NASDAQ: TSLA) stock skyrocketed again to reach a new record high. It surpassed $2,000 mark on Tuesday, closing 6.6% up, at $2,001.83. On Friday, Tesla stock went on skyrocketing and ended the session even higher, at $2,049.98. After hours, TSLA shares slightly declined by 0.36% to…
Expert weighs in on Wasabi’s response to wallet security issues
Although the privacy-focused Bitcoin (BTC) wallet Wasabi Wallet recently dismissed allegations that its anonymity features may be compromised, a third-party expert disagrees. In an August 19 blog post, Wasabi competitor Samourai claimed to have “discovered two potential privacy vulnerabilities in the Wasabi Wallet software.” Per the announcement, the company also found numerous issues with the anonymity of Wasabi Wallet’s CoinJoin Bitcoin mixer. Mário Havel, co-founder of crypto-and-privacy non-profit Paralelni Polis, said that Samourai’s allegations seem credible and can be verified in Wasabi’s code. He explained: “Disclosed vulnerabilities […] are not…