Day: February 20, 2023

Ordinal Inscription Collections on Bitcoin Blockchain Grow as Creators Monetize Art – Bitcoin News

boss

With more than 150,000 Ordinal inscriptions on the Bitcoin blockchain, there are now numerous collections as creators and artists have found a new way to monetize their artworks via blockchain technology. In the past month, people have launched collections such as Ordinal Punks, Ordinal Penguins, Bitcoin Shrooms, Inscribed Pepe, Planetary Ordinals, Based Apes, Satoshi Punks, Ordinals Eggs, Block Munchers, and more. Although the inscription trend is still young, several collections are attempting to establish themselves in this emerging market, and some are selling for significant value. Collections on Bitcoin Blockchain…

Fake Ethereum Denver website linked to notorious phishing wallet

boss

A fake website of the popular Ethereum Denver conference is the latest phishing target of a red-flagged smart contract that has stolen over $300,000 worth of Ether (ETH). The popular conference saw its website duplicated by hackers this week in order to trick users into connecting their MetaMask wallets. According to Blockfence, which identified the fraudulent website, the smart contract has accessed more than 2,800 wallets and stolen over $300,000 over the past six months. Another day, another scam. This time the scammer targeted the @EthereumDenver website. Blockfence is here…

9 promising blockchain use cases in healthcare industry

boss

The use of blockchain technology in the healthcare industry has the potential to revolutionize the way medical records are managed, medical research is conducted and patient care is delivered. Here are nine promising use cases for blockchain in healthcare. Medical record management Medical records can be safely stored and managed using blockchain, improving accessibility for patients and healthcare professionals. Patients’ ability to control access to their medical records enhances security and privacy. One example is MedRec, a blockchain-based system for managing medical information created by MIT researchers. MIT Professor Andrew Lippman…

Huobi to Establish Crypto Exchange in Hong Kong, Applies for License, HT Token Is Up

Huobi saw its native token value surge on news that it had applied for a crypto trading license in Hong Kong.  Huobi token (HT) has experienced an 18% surge following Huobi’s application for a crypto trading license in Hong Kong. The HT token traded at $6.1 as of press time, the first time since last October following Justin Sun’s appointment as a general advisor. Earlier today, Sun took to Twitter to make the high-profile Hong Kong application announcement which read: “Big news for crypto today: @HuobiGlobal has announced that it’s applying for a…

Bitcoin Hits $25,000, Following Moving Average ‘Death’ Cross – Market Updates Bitcoin News

boss

Bitcoin was hovering close to $25,000 on Feb. 20, as cryptocurrency markets traded close to recent highs. Markets started the week partially in the green, ahead of a key week of economic data. The United States FOMC (Federal Open Market Committee) will release its latest minutes on Wednesday, followed by U.S. gross domestic product data on Thursday. Ethereum continues to trade above $1,700 today. Bitcoin Bitcoin (BTC) remained close to the $25,000 level to start the week, as market sentiment shifted towards bulls. Following a high of $25,093.06 on Sunday,…

UK Retailer Tesco Considering Selling Banking Unit

Meanwhile, Tesco plans to expand its rapid delivery series Whoosh to 800 stores by the end of the month. British multinational grocery and general merchandise retailer Tesco (LON: TSCO) is considering selling its banking business arm. This comes as the retailer plans to review its presence in the banking sector in the UK. The matter was first reported by Sky News, which cited people familiar with the matter as sources. Tesco Exploring Sale of Banking Unit According to the report, Tesco has started a review that may affect the banking unit.…

BlockFi appeals to cancel bankruptcy status for SBF’s offshore investment vehicle

boss

The consequences of the FTX scandal at the hands of its founder and former CEO, Sam “SBF” Bankman-Fried, continue to surface.  On Feb. 17, it was reported that bankrupt crypto lender BlockFi has appealed to the United States Bankruptcy Court in Wilmington, Delaware to strip the Chapter 11 bankruptcy protections from SBF’s offshore investment vehicle. Emergent Fidelity Technologies Ltd. was used by the FTX founder to purchase a 7.6% stake in Robinhood Markets Inc. According to BlockFi’s motion, the bankruptcy status of Emergent Fidelity holds little purpose and was filed…