In March, the crypto world saw the first instance of what many saw as a hostile takeover attempt of another blockchain. Justin Sun, the founder of Tron, had acquired Steemit, Inc. and the Steem blockchain with it — or so he thought. A complex battle of hard forks, block production takeover, alleged bribes and misdirection ultimately resulted in most of the Steem community migrating to Hive, a completely grassroots version of the previous platform. Meanwhile, the original employees and developers of Steemit, Inc. left the company almost immediately after the…
Day: October 13, 2020
3 Reasons Why DeFi Token Chainlink (LINK) Surged 42% in Five Days
Bids for popular decentralized finance token Chainlink (LINK) increased in the five-day period ending Monday. The Chainlink’s governance token added $3.42, or 42 percent, to establish a month-to-date high at $11.90 in the said interval. Its gains followed a steep downside correction of more than 60 percent from its record high at $20.53 – and a mildly-stretched consolidation move. LINK/USD is showing signs of a healthy rebound. Source: LINKUSD on TradingView.com LINK formed a local bottom at $7.28 on September 23. The level prompted bulls to purchase the token at…
Blog: Engagement key in protecting people’s privacy across the UK during the pandemic
13 October 2020 Information Commissioner Elizabeth Denham highlights the positive results of the ICO’s engagement with the UK devolved administrations on the use of data in the fight against COVID-19. In times of crisis, the value of collaboration is crucial. That’s been central to the ICO’s approach during the pandemic, whether that’s benefiting from the shared expertise of international colleagues through the Global Privacy Assembly, or working alongside organisations within the UK. Last month, I wrote about the engagement with the Department of Health and Social Care on the England…
Bitcoin Eyes $12K Price After 6-Day Streak of Gains
Bitcoin’s six-day run of gains has shifted the focus to psychological hurdle of $12,000. Some analysts are looking even higher. Original
A $1,750 Meghan Markle Conference Confirms My Sad Suspicions
Remember when we were all told that Meghan Markle would command around $1 million per speaking engagement? Good times. It seems that the reality is a lot different. Meghan will be speaking at an event today for $1,750 a ticket. Is this the future for the Duchess of Difficult? It seems that every week we now have Meghan Markle popping up on some women’s digital summit to lavish her knowledge upon us. For a price, of course. In what can be viewed as a cynical cash-in on the recent trend…
Can Promises Made Be Kept?
There are concerns that the iPhone 12 proposed to be in the market anytime after the online event today may not meet people’s expectations. Apple Inc (NASDAQ: AAPL), the United States-based tech company behind the iPhone brands is set to unveil its next product the iPhone 12 today. The iPhone 12 which is set to be released at an online event today is the company’s brand which fully incorporates the novel 5G network technology. An analysis made by Reuters has suggested that the iPhone 12 proposed to be in the…
IBM blockchain powers new app to help firms reopen amid pandemic
A new application powered by the IBM blockchain aims to help people around the world return to physical encounters amid the coronavirus pandemic. IBM Watson Health, a healthcare-focused arm of tech giant IBM, is launching IBM Digital Health Pass, a blockchain-based app to support global organizations and companies as they start reopening after months of lockdown. IBM Watson stated that the new app can deploy multiple data types like COVID-19 test results and onsite temperature scans to generate a verified health status. With the opportunity to verify health status via…
Historically Accurate Analyst Thinks Ethereum Poised to Surge Into 2021
Ethereum has undergone a strong rejection since reaching the summer highs of $490. The leading cryptocurrency fell from those highs to a recent September low of $315, liquidating many investors in the process. While the cryptocurrency remains on shaky footing, Ethereum is expected to move dramatically higher in the months ahead. Related Reading: Ethereum Transaction Fees Surge to All-Time Highs After Uniswap Launch Ethereum Is Poised to Move Parabolically, Trader Says One crypto-asset analyst recently noted that Ethereum’s macro price action since the start of 2017 looks eerily similar to…
Bitcoin price dump ‘not going to happen’ as whales stay off exchanges
A Bitcoin (BTC) sell-off and associated price fall are “not going to happen,” a well-known the CEO of a well-known analytics tool has said. In a tweet on Oct. 12, Ki Young Ju, CEO of CryptoQuant, noted that average inflows to exchanges were staying low despite BTC price gains. Ki: Exchange inflows “still in the safe zone” Ki highlighted CryptoQuant’s mean exchange inflow metric, which remains comfortably within the low-risk area, suggesting a low chance of a sell-off. Mean exchange inflow measures how much Bitcoin is entering exchanges, with the…
Blockchain can add $1.76 trillion to global GDP by 2030, says report
A new PwC study found that blockchain technology through its wide range of use cases will potentially add $1.76 trillion to the global gross domestic product in the next 10 years. It would make 1.4% of the global GDP in 2030. The report states that increasing interest in blockchain technology is primarily due to the need for a more efficient system that can integrate trust in processes that depend on intermediaries. In another survey, PwC found that more than 50% of the CEOs believed the faltering trust in the business…