Day: November 22, 2020

Big mining move Bitcoinโ€™s hash power increases 42% in two days

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โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io The hash power of the Bitcoin ( BTC ) network has jumped by roughly 30% over the past 24 hours, which if sustained, suggestsg a major difficulty adjustment may soon be incoming. According to Coinwarz, Bitcoin’s hash rate currently sits at 157.5 exahashes per second (EX/s) after briefly pushing above 160 EH/s. As of this writing, BTC hash power has increased by 42% in two days. The spike follows a sharp decline in hash power in late October, which many analysts attributed…

Bitcoin Analyst: BTC’s Parabolic Rally Hints of a Pullback to $13.8k

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Quick take: Bitcoin zoomed past the $17,115 resistance level like it did not exist BTC is still showing signs of bullish momentum Its parabolic nature since September points to a pullback to $13,800 However, a pullback is not guaranteed and Bitcoin could continue rising Bitcoin Analyst, MagicPoopCannon, has shared his most recent analysis of BTC in which he points out that the King of Crypto zoomed past the $17,115 resistance level like it did not exist. Furthermore, Bitcoin is showing little signs of slowing down despite exhibiting a parabolic rally…

Ethereum 2.0 to boost DeFi but delayed launch may set the network back

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This deposit contract is the first step that would eventually lead to the launch of Ethereum 2.0. If to consider that the launch will go down successfully, Ethereum will ship the Beacon Chain and introduce proof-of-stake to the ecosystem, which is currently based on the proof-of-work, another consensus algorithm that is based on mining. Shard chains would be the next upgrade to follow Beacon Chain. Ultimately, the eventual launch of Ethereum 2.0 will have an effect on the decentralized finance market. In 2020, the DeFi sector has grown significantly but…

Cybercriminals attack GoDaddy-based cryptocurrency platforms

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Yesterday, security researcher KrebsOnSecurity reported that several cryptocurrency platforms hosted by popular hosting provider Godaddy have been attacked over the past week. According to KrebsOnSecurity, the attacks began on or around November 13th on cryptocurrency trading platform liquid.com. Liquid CEO Mike Kayamori said GoDaddy incorrectly transferred control of the account and domain to a malicious actor. Kayamori added that the move allowed a malicious actor to change DNS records and thus, take control of a number of internal email accounts. Additionally, a malicious actor was able to partially penetrate the…

The word โ€˜decentralizedโ€™ has lost all meaning โ€” Enough is enough

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Decentralization: Itโ€™s a word that holds so much power and promise. But over the years, itโ€™s become painfully clear that this concept isnโ€™t being given the respect it deserves โ€” and the consequences can be downright dangerous. We live in a world where DAOs arenโ€™t DAOs, where independent validators arenโ€™t independent, and where PR departments breezily gloss over the fact that some blockchain projects are far more centralized than they may seem. Emotionally and financially, countless crypto enthusiasts have bought into decentralized projects โ€” full of belief that these platforms…

CVC CIVIC TOKEN, MEDICAL MANDATES VIA BLOCKCHAIN, WORK HOUSING LIMITATIONS, BEAST SYSTEM

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โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io WELCOME BACK YACHT MEMBERS TO THE FUNNIEST CRYPTO STOCKS AND PRECIOUS METALS CHANNEL ON THE PLANET IF YOU WALK OUT OF RATED R MOVIES YOU WONT LIKE THIS RATED R CHANNEL WE’RE GONNA REPLACE… YA KNOW… OUR WIVES LAWYER RETAINER RATES SKYROCKET COIN BASE ISSUES NEW DEBIT CARD FOR STRIP CLUBS CAPITAL FIRMS GET READY TO PLOW MASSES AS THEY COME INTO BITCOIN TO GET SHORTED WORLD ECONOMIC FORUM STILL CORRUPT AS SHIT NOT FINANCIAL ADVICE WIFE CHANGING ADVICE CASHAPP $WifeChanging IG:…

Bretton Woods 2.0 is knocking at our door, and itโ€™s not here to help

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Barely 100 years ago at the start of the 20th century, people were able to exchange dollars for gold at their local bank. While gold was too hard to trade between people, banking institutions held gold and gave people cash for it. This was during what was known as the gold standard. Each sovereign currencyโ€™s value was determined relative to a fixed amount of gold. However, in the decades ahead, that standard quickly changed. Toward the end of World War II, dozens of powerful people organized a meeting to discuss…