Bitcoin could fall below $50K if Magnificent 7 stocks stage another $500 billion loss

Despite the rising value of blockchain skills in the global job market, some countries like China reduced salaries offered to blockchain employees in 2019, a new report says.According to the “2020 China Blockchain Professional Development Report,” the average salary offered to blockchain industry professionals in China dropped 37% year-over-year since 2018.Imbalance between supply and demand…

An Illinois resident who won $500,000 in a state lottery has revealed he put half of it into Bitcoin (BTC) back in May. Redditor “Joxnlol,” posted an image of himself clutching the Illinois state lottery cheque on Nov. 5, with the caption: “Did this. Then put half into BTC in May. Remind me in 8…

Traders valued Internet Computer (ICP) at $630 in its debut on Coinbase on Monday. On Binance, however, the dollar bids for the token surged to as high as $3,093 as of Tuesday. Meanwhile, HitBTC reported ICP at the peak of roughly $407.The huge price differences across multiple cryptocurrency exchanges showed a berserk trading sentiment in…

Prices quickly recovered after developers determined that a technical API issue, not a security breach, catalyzed the heavy sell-off. 659 Total views 24 Total shares On Tuesday, tokens of cloud blockchain infrastructure provider Chain.com (XCN) suddenly lost over 90% of their value before recovering most of their losses later in the day. In a post-mortem…

Kristin Boggiano, a lawyer and co-founder of the CrossTower digital asset exchange, developed her ethos on protecting the vulnerable while working and living in the Amazon during the 1980s, helping fight for the rights of the Cofán people against the Big Oil companies. She later worked creating mortgage-based derivatives on Wall Street right before exotic…

Cybersecurity solutions provider Kudelski Security has entered a strategic partnership with smart contracts auditing firm Hosho in order to provide greater security for blockchain ecosystems. The news was announced in a press release from Kudelski on March 19.As Cointelegraph auf Deutsch previously reported, Kudelski Security — a Swiss-born, stalwart tech security solutions provider whose multinational…

Are you over hearing about the election? I’m over hearing about the election. But you can bet that as soon as I finish writing this week’s Law Decoded, I will compulsively check up on what’s happening in Georgia and Pennsylvania. And it seems that I’m not alone.Despite the election highjacking the entire news cycle, crypto…

Google Cloud’s Blockchain Remote Procedure Call (RPC) service is compatible with only Ethereum for now, but support for more blockchains is coming.