Bitcoin rally to $68.4K may have been the Uptober top — Here’s why
Bitcoin’s price rejection at $68,500 and the record high use of leverage could be signs that BTC is in for a sharp correction.
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Africa’s blockchain journey begins with poverty alleviation – CEO Sumotrust
Africa must erase the poverty in general and help people into the middle class in order to drive faster blockchain technology incorporation. 60 Total views 2 Total shares There has been a resounding call for Nigeria, and Africa in general, to incorporate blockchain technology into its mainstream living. However, during a fireside chat involving stakeholders
Crypto at the polls: Eric Adams wins NYC mayoral race
Adams beat out Republican Curtis Sliwa — also a pro-crypto candidate — to become the next mayor of New York City with 72.8% of the vote. 1464 Total views 30 Total shares Democrat Eric Adams, who said he planned to make New York City “the center of Bitcoins” if elected mayor, has won his race…
China’s Alibaba Cloud Expands Enterprise Blockchain Offering to Global Markets
Alibaba Cloud, the cloud computing arm of China’s e-commerce giant Alibaba Group, is enhancing its Blockchain-as-a-Service (BaaS) offering outside China, the company announced in a press release on Oct. 24.Following the roll out of its BaaS platform in China, Alibaba Cloud will expand its enterprise-level blockchain service to major international markets including Europe, the U.S.,…
Tether hires Chainalysis’ chief economist for USDT usage reports
Tether has appointed Philip Gradwell as head of economics to improve transparency on USDT usage to regulators.
MakerDAO co-founder proposes fork of Solana codebase for native chain
Rune Christensen stated that Solana’s codebase should be the foundation of MakerDAO’s upcoming blockchain, as he highlighted that it’s optimized for building “highly efficient blockchains.” 230 Total views 1 Total shares MakerDAO co-founder Rune Christensen has submitted a proposal to build the decentralized finance project’s upcoming native chain off of a fork of Solana’s codebase
Crex24 Exchange Accused of Hiding Hack From Customers
Users are accusing Estonian cryptocurrency exchange, Crex24, of hiding the scale of a hack from its users after suspending trade for several altcoin pairings. Crex24’s members claim that the exchange has not given an explanation for its suspension of more than sixty altcoins. The exchange has also frozen withdrawal and deposit services for many of the…
Gang of Masked Men Raid Bitcoin Exchange in Birmingham
A gang of masked men have raided a Bitcoin (BTC) exchange in the English city of Birmingham, sparking a police investigation.Local Facebook page Brumz Updates posted footage of the burglars ransacking the building as sirens blared on July 15.Witnesses look on helplessly as the robbery unfolds — and seconds later, the gang speed away from…
Digital euro could take four years, says ECB president Christine Lagarde
The ECB will decide whether to proceed with digital euro pilots by mid-2021, Lagarde said. 1589 Total views 16 Total shares It could be a while before European Union gets a central bank digital currency, if it gets one at all.In a Wednesday interview with Bloomberg Television, European Central Bank President Christine Lagarde laid out the complex…