Mon, August 15, 2022

Cryptocurrency

crypto market

Cryptos edge towards bearish territory – market wrap

The crypto market is often volatile. However, it rallied most of the time in recent weeks. Bitcoin reached historical highs, surpassing $60,000 at one time. However, the crypto traded $54,203.0 on Wednesday. It fluctuated during the session, soaring to an early morning high $54,668.0 before tumbling to a low $54,118.0. Overall, it declined by 0.25%. …

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bitcoin

What do Wall Street banks think about Bitcoin’s rally?

Bitcoin has reached record highs in recent weeks. After several major tech companies expressed interest in investing in cryptos and even accepting them as a payment method, the Bitcoin price surged amazingly high, surpassing $60,000 at one point.   The digital coin jumped by 300 percent last year. It also skyrocketed above $50,000 in the …

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Dogecoin

Coinflip ATMs will support Dogecoin in 45 U.S. states

Famous meme crypto Dogecoin got a huge upgrade recently. Tesla Inc CEO Elon Musk popularized it as a joke. However, it seems the crypto isn’t a joking matter anymore. Users can now access it through 1,800 ATMs across the United States.   On Monday, leading Bitcoin ATM provider, Coinflip announced its decision to support Dogecoin. …

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Crypto mining in china

China Region banned Crypto Mining. BTC continues rising

Cryptocurrencies are gaining approval from major tech companies. However, governments are more careful when it comes to digital coins. Considering that the banks or the authorities can’t control the cryptos the usual way, giving them the cold shoulder is not surprising. Several countries outright banned them, while others issued many restrictions. It seems the doubts …

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Exploring Blockchain for Remote Voting in India

How Blockchain-Based Voting Systems Can Help India

India is the second-most populous country as well as the most populous democracy in the world. It is no small task to conduct elections in such a big country. However, a blockchain-based electronic voting system has the potential to facilitate remote voting. Recently, the Election Commission of India as well as the Tamil Nadu E-Governance …

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Crypto industry in Africa

Cryptocurrency Ownership in Sub-Saharan Africa

African countries have a huge potential when it comes to developing the local crypto industry. A new report prepared by Arcane Research contains interesting details about the cryptocurrency ownership in African countries. Importantly, African countries have some of the highest cryptocurrency ownership rates around the world. For example, South Africa is one of them. Interestingly, …

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Investor Shapiro vs AT&T

American Company AT&T Failed to Convince the Court

Recently, the world’s largest telecommunications company AT& asked the U.S. District Court Judge to dismiss a lawsuit. However, the company was unable to convince Consuelo Marshall. Moreover, Marshall made the decision to reject AT&T’s bid and the suit will continue despite the AT&T position. Let’s have a look at this crypto-related lawsuit and how this …

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Coronavirus pandemic and labor market

Largest Telecommunications Company and Crypto-Related Crimes

The world-famous American company AT&T wanted to dismiss a lawsuit but the U.S. District Judge decided not to support this decision. Judge Consuelo Marshall rejected AT&T’s bid and this is bad news for the world’s largest telecommunications company. According to the lawsuit filed by investor Seth Shapiro, the company failed to prevent the theft of …

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Supercomputers and hackers

Crypto Mining, Major Universities, and Hackers

Crypto mining is a profitable business. However, people should not resort to illegal activities to mine cryptocurrency. Recently, hackers attacked multiple supercomputers across Europe. Interestingly, hackers exploited a Secure Shell (SSH) connection. Thanks to SSH connection academic administrators are able to log in to the system remotely. Importantly, hackers stole university members’ SSH credentials in …

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Germany and its economy

Hackers Attacked Supercomputers to Mine Cryptocurrency

Crypto-related crimes represent a serious problem for the industry. Moreover, such cases may have a negative impact on the process of crypto adoption. Last week, hackers attacked multiple supercomputers in different parts of Europe and they wanted to use supercomputers to mine cryptocurrency. As a result, as least dozen of supercomputers in the U.K., Germany, …

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FalconX and investors

FalconX, Investors and a Pre-Seed Round

Crypto companies have the potential to expand their services thanks to investors. For example, one cryptocurrency trading platform raised millions of dollars as part of a pre-seed round. The name of this trading platform is FalconX. This cryptocurrency trading platform provides the best trade execution. It provides the best available prices and minimal slippage. According …

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FalconX and pre-seed round

Cryptocurrency Trading Platform FalconX Raised $17 Million

Last week, the institutional cryptocurrency trading platform FalconX made an important announcement. According to the announcement, FalconX raised a total of $17 million in a round led by Accel. Interestingly, Accel has Facebook as well as Slack in its portfolio. Moreover, Coinbase Ventures, Fenbushi Capital, and Land Avon Ventures invested in FalconX. Furthermore, the cryptocurrency …

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CoinMarketCap's report

Women are Transforming the Crypto Industry

The crypto industry is evolving and women are willing to take part in this process. Moreover, women are not only trading cryptocurrencies but are working as analysts, developers, etc. Also, blockchain companies founded by women have the ability to compete with companies run by men. This industry helps to dismantle gender stereotypes. Additionally, factors such …

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Investors and cryptocurrencies

The Number of Women in the Cryptocurrency Industry

The cryptocurrency and blockchain sectors continue to develop as more and more people are willing to embrace cryptocurrencies. However, some people may think that the cryptocurrency industry is dominated by males. However, according to the report prepared by CoinMarketCap, the number of women in this industry rose in the first quarter of 2020. Moreover, in …

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India and crypto

Indian Exchange CoinDCX and New Opportunities

Crypto companies continue to expand their services to attract new customers. Hopefully, Indian exchange CoinDCX is not an exception. Moreover, crypto owners should take into account that all cryptocurrencies on CoinDCX will be secured in omnibus and segregated hot and cold wallets with two-factor authentication for all accounts. Furthermore, a fraction of funds traded on …

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