Tracing Fishy Risks With Blockchain Tech Amid the COVID-19 Pandemic COVID-19 is the most devastating plague to ravage humankind this century. Every day, the number of patients infected with the coronavirus is rising globally and taking the highest human toll in the United States. The highly infectious virus was first contracted in November 2019 in
Bitcoin News Roundup for August 4, 2020 With investment opportunities in traditional markets drying up, bitcoin futures are drawing record interest. CoinDesk’s Markets Daily is back for your bitcoin news roundup! Surging open interest in crypto derivatives suggests investors are seeking alpha in other investments, such as bitcoin, said the co-founder of an index fund
Bitfinex Offers Up to $400M For Information Leading to BTC Stolen in 2016 Crypto exchange Bitfinex is offering up to $400 million to anyone who can lead them to the hackers who stole over 120,000 Bitcoin (BTC) in August 2016. According to the company’s post on August 4, they are even willing to reward the
Chainlink Reaches New LINK Price All-Time High Eyeing $10 Next Without a doubt, one of the best-performing cryptocurrencies in the past few years is Chainlink (LINK). In recent days, the cryptocurrency surged from $6.80 to $9.30 capping a 40% percent move and becoming the number nine cryptocurrency by market capitalization. Can Chainlink continue moving upward
Ethereum Medalla Testnet Launch Suffers Block Finality Issue The Ethereum Medalla testnet launch, scheduled for 1pm UTC, did not proceed as smoothly as expected. While the network launched successfully and proposed a sufficient number of blocks at the supposed genesis time, participation rate was a mere 57%; much lower than the expected 80%. This means
How Well Will Be The Cryptocurrency in the Future Advertisment For those who don’t know, cryptocurrency refers to digital money. It is being managed by the cryptography, which is an encryption technique. One of the most famous cryptos is Bitcoin, which was launched way back in 2009. After a few months of its launch, Bitcoin
Bitcoin Price Hits New All-Time High Against Turkish Lira A famous Bitcoin (BTC) skeptic has called for a gold-backed currency to save Turkey as its national fiat currency collapses. In a tweet on August 3, John Hopkins professor Steve Hanke argued that hard money was now the only way out for Turkey, which has spent
First Mover: As Fed Nears Inflation Rubicon, Analysts See $50K Bitcoin in Play The Federal Reserve appears ready to pursue yet another untested strategy that could ultimately boost inflation – and possibly prices for bitcoin. The Fed is “preparing to effectively abandon its strategy of pre-emptively lifting interest rates to head off higher inflation,” according to a new
What People Who Aren’t Bullish on Bitcoin Still Like About It In this audio interview, CoinDesk’s Leigh Cuen and researcher Nadia Eghbal, author of the upcoming book “Working in Public,” talk about open-source software projects. From platforms like Github to software languages like Rust, Cuen and Eghbal explore what the open source movement looks like
Government Official Updates Progress of India’s Cryptocurrency Law Advertisment A government official has reportedly confirmed that a “note” regarding the legal framework for cryptocurrency in India has been forwarded to related ministries for inter-ministerial discussions. It would then be presented to the cabinet for approval. Status of Indian Crypto Bill India’s cryptocurrency bill is back
