Bitcoin‘s $93K dip could be ‘last flush’ before the rush: Analysts
Crypto market analysts remain confident that Bitcoin will hit six figures before the end of the year despite the recent 7% correction.
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PayPal reportedly assembling crypto team in Ireland as Bitcoin adoption grows
The new hires will help PayPal expand its crypto-focused business offering at a time of rapid adoption of Bitcoin and Ether. 746 Total views 2 Total shares Global payments provider PayPal is in the process of recruiting for several cryptocurrency-related positions at its Ireland offices, further highlighting the company’s ambitions in the rapidly growing digital…
Twitter Has Been Trying To Hire Senior Security Engineers for Two Months
In the months leading up to the most devastating hack in the company’s history, Twitter was trying to hire cybersecurity pros. 878 Total views 14 Total shares If the company’s jobs site is any indication, Twitter has been openly hiring for security positions in the months leading up to this week’s notorious hack.According to the…
DeFi transforming lending routes on the blockchain
The world of decentralized finance (DeFi) is gradually expanding to encompass a significant share of the global financial lending space by virtue of the inherently trustless manner of operation and the ease of accessing capital. As the crypto ecosystem has grown to a $2-trillion industry by market capitalization, new products and offerings have emerged thanks…
Terraform wallet moves $62M BTC as Do Kwon remains in legal limbo
Awaiting extradition to either the US or South Korea, Do Kwon could have had access to the Terraform Labs wallet containing more than 1,075 Bitcoin.
HSBC Blockchain Connection Reduces Transaction Time by 40%
Global banking giant HSBC has tested out its blockchain-based trade finance platform Voltron and reduced transaction time by 40%, the Chartered Institute of Procurement & Supply reported on July 10.To arrange a shipment between Hong Kong and Dubai, HSBC partnered with major retail organization Landmark Group which provided its blockchain platform ReChainMe. The companies linked…
Blue-chip collaterals help stabilize NFT lending: Paraspace
"We only support blue chip NFT to reduce the risks," said Paraspace developers. According to a recent report published by nonfungible token money market protocol Paraspace and multichain wallet BitKeep, the current amount of NFT borrowing and lending, or NFTFi loans, has surpassed $430 million across 43,521 borrowers. The highest proportion of collaterals comprised the…
Samsung uses blockchain-based security for devices in its network
Samsung’s Knox Matrix uses blockchain technology backing to increase security for all personal smart devices of a user connected to the network. 250 Total views 13 Total shares
China returns as 2nd top Bitcoin mining hub despite the crypto ban
The Chinese government has not managed to take down cryptocurrency operations as part of its crypto ban last year as China has re-emerged as one of the world’s largest Bitcoin (BTC) mining hubs, according to a new report.China became the second-largest Bitcoin hash rate provider as of January 2022, months after the local government banned…