Over the last 10 years, Bitcoin (BTC) has performed exceptionally well as a store of value and for speculative investment purposes. However, a lot of this can be attributed to its decentralized nature, which could have resulted in regulators and governments worldwide making attempts to shut it down long before it ever took off. Governments
Month: August 2021
We’re living in a time where digital assets are moving towards mainstream adoption. From retail customers to traditional banks and financial service providers, digital assets are on the rise. Many of these assets promised to disrupt financial markets and large incumbents, and while they have received widespread attention, they haven’t quite achieved their potential. That
Ethereum’s native asset Ether (ETH) crossed above $3,000 in an extended upside rally on Aug. 7, hitting a three-month high. Nevertheless, the cryptocurrency’s incredible move upside also boosted its possibilities of facing a bearish backlash. An on-chain indicator that tracks the total percent of Ethereum addresses in profits predicted the said downside outlook. In detail,
Battlegrounds Mobile India is giving rewards to players who faced issues with purchasing the Daily Special Bundle between July 13 and July 16. Developer Krafton shared the details for these rewards on the official website stating that the rewards have started appearing for players. Battlegrounds Mobile India was launched officially on July 2 and soon
Apple reportedly shared a memo internally acknowledging the “misunderstandings” around the new features aimed at protecting children. It also emphasised that these features are important for keeping children safe. The Cupertino tech giant recently announced it will implement a system that checks photos on iPhone devices in the United States before they are uploaded to
In this article AMZN Amazon aggregators are in the midst of a buying frenzy. They’re trying to entice sellers who have successful brands on Amazon with incentives like Tesla giveaways and exclusive parties. Some of the biggest Amazon aggregators, Thrasio and Perch, have valuations in the billions of dollars. In July, they were among the
Mi Mix 4 has allegedly made its way to Geekbench and the listing hints at some of its specifications. Xiaomi recently announced that it will unveil Mi Mix 4 on August 10 in China and it will come with a host of improvements over the Mi Mix 3 5G that was launched 2019. Mi Mix
Samsung Galaxy Watch 4 Classic is expected to launch later this month and alleged renders of the smartwatch have leaked showing two colour options. Samsung will likely launch the Galaxy Watch 4 and the Galaxy Watch 4 Classic on August 11 at its Galaxy Unpacked event. They will be the first Samsung smartwatch models to
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Elaine Thompson-Herah — the Jamaican sprinter who created history by winning gold in both 100m and 200m event at two consecutive Summer Olympics (2016 Rio de Janeiro and 2020 Tokyo) — was temporarily blocked from posting anything on Instagram on Tuesday afternoon. The ‘fastest woman alive’ had shared a video of her Olympic races after
Koo, India’s homegrown Twitter clone, recently patched a serious security vulnerability that could have been exploited to execute arbitrary JavaScript code against hundreds of thousands of its users, spreading the attack across the platform. The vulnerability involves a stored cross-site scripting flaw (also known as persistent XSS) in Koo’s web application that allows malicious scripts
Genesis Digital, a leading cryptocurrency trading, lending, and custody desk, released its Q2 reports, where it confirms what it calls the “emerging role” that Ethereum and defi have in the industry. The report also confirms that institutional interest in crypto is still rising despite the crash in prices the market experienced in Q2 2021. Genesis
A Cayman Islands-based company and two individuals may be the first subjects in decentralized finance, or DeFi, to face enforcement action from the U.S. Securities and Exchange Commission. According to a Friday announcement, the Securities and Exchange Commission, or SEC, said that this is the first case involving securities using DeFi technology which resulted in an
A new cryptocurrency-related bill in Ukraine will allow payments in cryptocurrencies like Bitcoin (BTC) despite not recognizing crypto as legal tender, a government official claimed. Oleksandr Bornyakov, deputy minister of Ukraine’s Ministry of Digital Transformation, is confident that it would be “quite legal to pay with cryptocurrencies” in Ukraine through payment intermediaries enabling crypto-to-fiat conversions.
Approximately 2.3 ETH is being burnt every minute through the new transaction fee mechanism introduced in Ethereum’s London upgrade on August 5. The highly anticipated London hard fork went live on Wednesday this week, ushering in the EIP-1559 upgrade that adjusted gas fees. Part of that adjustment introduced a mechanism that burns some of the
The private stablecoin market will surge parabolically in the next four years despite the existing regulatory uncertainty, Unstoppable Domains CEO Matthew Gould believes. In a Thursday interview with Business Insider, Gould predicted that the stablecoin market would hit $1 trillion by 2025 to see roughly a tenfold increase from around $115 billion at the time
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