Day: March 5, 2021

South Korean Moms Are Taking the Lead in Buying Bitcoin Despite the Coronavirus Pandemic – News Bitcoin News

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As bitcoin prices keep exchanging hands above the $48k handle as of press time, South Korea notices a particular growing trend in a specific profile of crypto investors. A recent study revealed that a new era of “crypto moms” is emerging across the board in the country. Millennials Are Lagging Far Behind, Says Study Per Maeil Kyungjae, citing data from research firm Wiseapp, females aged 40-49 in the Asian country have been actively buying bitcoin (BTC) in recent weeks. The data was collected via major domestic exchanges such as Upbit…

BITCOIN começa a ser proibido! Existe risco de banirem no Brasil?

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Países, como Nigéria e Índia, iniciaram a proibição da negociação de criptomoedas, como o Bitcoin (BTC), e fechamento de contas bancárias de quem movimenta criptoativos. E se todos os países fizerem o mesmo? Será que o preço do Bitcoin pode ir a zero? Estamos em risco? 🧠 Assine o PSICOLOGIA PARA INVESTIDORES: 🚨 𝐍𝐎𝐒𝐒𝐎 𝐒𝐈𝐓𝐄: ● SITE: ● LOJA: ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 🚨 𝐏𝐀𝐓𝐑𝐎𝐂𝐈𝐍𝐀𝐃𝐎𝐑𝐄𝐒: ● BITPREÇO: compre BTC, ETH e USDT pelo menor preço 🎯 ● PAXFUL: cansado de corretoras? Negocie Bitcoin diretamente com…

Bitcoin Loses Bear Market Trendline Against Altcoins

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Aside from a few rare outliers, over the last several years, owning Bitcoin has been the better investment compared to other cryptocurrencies. Altcoins like Ethereum and others have only recently caught up, and BTC dominance has maintained the lion’s share of the crypto market cap. However, dominance has lost an important trendline dating back four full years to the peak of the last bull market, and it could suggest a major turnaround is about to occur across the crypto market. Could this be the altcoin season crypto investors have been…

PAID Network exploiter nets $3 million in infinite mint attack

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Paid Network, a DeFi platform aimed at real-world businesses, has been exploited today in an “infinite mint” attack that has sent PAID token prices plunging upwards of 85%. While the exploit netted nearly $180 million in PAID tokens at the time of the attack — what would have comfortably been the largest exploit of a DeFi protocol — the hacker’s payday will end up being far less. One observer noted that the attacker’s wallet only converted some of their tokens to wrapped ether, leaving the rest in rapidly-devaluing PAID tokens: …

Blockchain For Telcos

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io B-Yond organized a live session around the topic “Blockchain For Telcos” held by Santiago Siri, Founder of Democracy Earth Foundation, alongside Rui Frazao, our CTO & EVP of Product at B-Yond, who discussed how blockchain can potentially impact CSPs operating models significantly. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Is Bitcoin a Ponzi scheme? Pick your side in the latest Cointelegraph Crypto Duel!

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Does Bitcoin meet the definition of a Ponzi scheme? This is the subject of the latest Cointelegraph Crypto Duel, where Bitcoin strategist at Kraken meets professor of computer science at the University of Campinas, Jorge Stolfi. Similar to other Bitcoin skeptics, Stolfi repeatedly defined Bitcoin as a Ponzi scheme. The core of his argument is that Bitcoin doesn’t produce any cash flows and the money with which Bitcoin investors are paid comes exclusively from new investors buying Bitcoin. “Every time you invest in Bitcoin, the money that you invest goes…

Crypto companies valued at billions as market booms

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Cryptocurrency and blockchain firms are attracting billion-dollar valuations as the space continues to see major investment in 2021. The likes of exchanges Coinbase and Kraken have had mind-boggling numbers attached to their plans to raise funds, with the former set to go public through a direct listing and the latter preparing for a lucrative fundraising round. Since it formally announced its plans for a public listing, Coinbase has been tipped to be valued at around $28 billion by cryptocurrency analytics firm Messari. Meanwhile, news of Kraken’s efforts to receive investment…

McAfee faces crypto-related fraud charges from NY court

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Crypto advocate and internet security pioneer John McAfee faces a number of different criminal charges, based on a new statement from the United States Department of Justice, or DoJ.  The department accused McAfee of “conspiracy to commit commodities and securities fraud, conspiracy to commit securities and touting fraud, wire fraud conspiracy and substantive wire fraud, and money laundering conspiracy offenses stemming from two schemes relating to the fraudulent promotion to investors of cryptocurrencies qualifying under federal law as commodities or securities,” the DoJ’s statement from the Southern District of New…

Thailand: Movie Enthusiasts Can Now Pay for Tickets using Bitcoin (BTC)

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In the first pilot project in Thailand’s entertainment scene demonstrating virtual currencies’ potential, Major Cineplex Group is collaborating with Zippex and RapidZ. Clients can now buy movie tickets using Bitcoin and digital cryptocurrencies, adapting to the “new normal lifestyle,” local news outlet Siam Rath on March 5 reports. Thailand’s Crypto Players Join Hands to Spur Adoption Major Cineplex Group is the largest movie theatres operator in Thailand, while Zippex is an established crypto exchange. On the other hand, RapidZ is a digital exchange management system provider with a presence in…

Big Tech sell-off and rising Treasury yield pin Bitcoin price below $50K

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Bitcoin (BTC) continues to struggle below $50,000 on March 5 as a spike in the 10-year Treasury yield to 1.62%, its highest level in over a year, has taken a toll on global financial markets and hit risk-assets especially hard.  At the time of writing the S&P 500 and Dow are up 0.46% and 0.64% but the tech sector sell off continues as companies like Apple and Tesla continue to slump further.  Economists see rising bond yields as the result of improvements in the economy thanks to the Covid-19 vaccine…