Ethereum price to $10K is the most 'asymmetric bet' in crypto — Analyst
Ether’s potential move to $10,000 would result in a 194% price increase from the current levels, but ETH continues struggling to break the $4,000 mark.
Related Posts
Amended Ripple Class-Action Covers Possibility XRP Is Not a Security
An amendment to the class-action lawsuit against Ripple, filed March 25, included additional claims of false advertising and unfair competition, “under the alternative theory that XRP is not a security.”The disgruntled investors’ sixth and seventh claims for relief would appear to be a direct hedge in the event that the judge rules against the original…
What is a directed acyclic graph in cryptocurrency? How does DAG work?
A directed acyclic graph or DAG is a data modeling or structuring tool typically used in cryptocurrencies. Unlike a blockchain, which consists of blocks, directed acyclic graphs have vertices and edges. Thus, crypto transactions are recorded as vertices. These transactions are then recorded on top of one another. Similar to a blockchain, however, transactions are…
Japan leads world in losses from North Korean crypto hacking with 30% of total: Report
An Elliptic report commissioned by Nikkei says Asian countries account for over 60% of losses to North Korean hacker and ransomware users; lax security played a role. 110 Total views 1 Total shares Japan is the biggest loser of cryptocurrency to North Korean hackers, according to a study by blockchain analyst Elliptic. Asian countries make…
Meta’s head of crypto to step down at end of year
In explaining his decision to leave Meta, David Marcus said that his entrepreneurial DNA had been nudging him “for too many mornings in a row to continue ignoring.” 181 Total views 34 Total shares David Marcus, the head of Meta’s cryptocurrency and fintech unit Novi, will step down from his role by the end of…
EU Parliament Study: Central Bank Digital Currencies ‘Will Reshape Competition’ in Crypto Market
A study on issues of competition in fintech, commissioned by the European Parliament Committee on Economic and Monetary Affairs (ECON), was published July 20. It found that central bank-issued digital currencies could be a “remedy” for a lack of competition policy in the crypto sector: “The arrival of permissioned cryptocurrencies promoted by banks, even by…
Total Arbitrum accounts surpass 5M after airdrop hype: Report
The milestone was accomplished less than one month after a much-anticipated airdrop. 458 Total views 28 Total shares Own this piece of history Collect this article as an NFTAccording to statistics compiled by user @Henrystats on Dune Analytics, the number of accounts, or wallet addresses, for Ethereum layer-2 scaling solution Arbitrum (ARB) surpassed 5 million…
Blockchain’s potential: How AI can change the decentralized ledger
One reason is that blockchain’s use of a decentralized ledger offers insight into the workings of AI systems and the provenance of the data these platforms may be using. As a result, transactions can be facilitated with a high level of trust while maintaining solid data integrity. Not only that, but the use of blockchain…
NY Times report alleges history of pay discrimination at Coinbase
“The pay disparities at Coinbase appear to be much larger than those in the tech industry as a whole," wrote the New York Times. 2426 Total views 13 Total shares San Francisco-based crypto exchange Coinbase may have had a problem with paying its employees fairly based on gender and race. According to a report from The…