Month: November 2020

The Maker (MKR) community is looking for solutions after an analysis by B.Protocol suggested that it is possible to exploit the liquidation system to create under-collateralized debt.  The researchers created small vaults for $128, just above Maker’s “dust” parameter that defines the minimum size for new vaults. As Maker’s oracles updated to new prices that
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Investment firm SkyBridge, founded by former Goldman Sachs’ vice-president Anthony Scaramucci, is one of the latest companies looking to invest in cryptocurrency. The company is putting together a hedge fund that includes Bitcoin investment, according to a United States Securities and Exchange Commission, or SEC, filing from Friday. The prospectus detailed: “The Company may seek
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It shouldn’t come as a surprise that regulators are starting to pay close attention to cryptocurrencies this year. For instance, as the price of Bitcoin (BTC) continues to soar, it’s predicted that regulators will start taking direct action – possibly even banning Bitcoin completely.  While the ban may sound extreme, regulators have recently honed in
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Sony’s PlayStation 5 went on sale Thursday, just two days after rival Microsoft released its newest Xbox, with the next-generation consoles vying for holiday season dominance as the pandemic boosts gaming demand. With pre-orders pointing to a record launch, market leader Sony is counting on big-ticket exclusive games like Spider-Man: Miles Morales to keep the edge
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Apple brought macOS Big Sur as its next-generation operating system last week. The update carries a list of fresh features for Mac machines. However, macOS Big Sur was also found to include an issue that causes Apple apps to bypass firewalls and virtual private networks (VPNs). This privacy-concerning problem was initially spotted in a macOS
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Fidelity Digital Assets, a subsidiary of Fidelity Investments, has responded to some of bitcoin’s most frequent criticisms, suggesting clarity is needed amid heightened interest in the cryptocurrency. In a blog post on Thursday, Director of Research Ria Bhutoria said she was addressing persistent “criticisms and misconceptions” about the cryptocurrency. These include whether bitcoin is too
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In 2019, the Financial Action Task Force asked jurisdictions worldwide to adopt its regulatory guidelines for virtual assets. At the V20 conference today, held online, David Lewis—executive secretary and G20 deputy at the organization—gave an overview of how implementation and business response have gone so far. The FATF is an intergovernmental organization tasked with combating money laundering.
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