Monthly Archives: July 2020

Joe Biden’s Twitter Account Hacked By Criminals Asking for BTC Donations

Joe Biden’s Twitter account has been hacked too. Presidential candidate Joe Biden fell victim to the criminal enterprise that earlier hacked Twitter accounts of Elon Musk, Bill Gates, Warren Buffett, and Barack Obama, in addition to many well-known accounts in the crypto industry. Criminals are breaking into Twitter accounts with many followers and post messages asking for or endorsing donations to a Bitcoin address. At the time of this writing, Joe Biden appears to have wrestled back control of his Twitter account from the hackers. Thus far, […]

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Fidelity Digital Assets to Hold Bitcoin Private Keys for Kingdom Trust Clients

The enterprise-grade bitcoin custody and crypto management service, Fidelity Digital Assets has revealed a recent partnership with the firm Kingdom Trust. The new alliance provides individual retirees with the ability to safeguard their bitcoin private keys alongside self-directed IRAs. The crypto custodian and retirement account fund manager, Kingdom Trust has reached an “exclusive institutional agreement” with the company Fidelity Digital Assets. In a press release published on July 14, Kingdom Trust details that the partnership is the first sub-custody service of its kind and it is distinct […]

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Justin Sun Offers $1 Million Bounty in Exchange for Twitter Hackers

Justin Sun has offered $1 million to the person who finds those responsible for the recent Twitter hacks. After a massive number of Twitter accounts were hacked on July 15, one of the affected, Tron founder Justin Sun, put a bounty on the heads of those responsible.  Tron’s founder will give $1 million to the person or persons responsible for tracking down the hackers and providing pertinent data on the situation, Sun, CEO of BitTorrent and Founder of TRON told, Cointelegraph.   Sun added: “We are working closely […]

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Elon Musk and Bill Gates Twitter Accounts Apparently Hacked By Bitcoin Thief

After numerous exchanges and cryptocurrency-related accounts were hit in a coordinated Twitter hack, Tesla CEO Elon Musk’s account was also targeted. Elon Musk’s Twitter account was apparently hijacked today following a series of attacks on cryptocurrency-related accounts, including major exchanges such as Binance, and U.S.-based Coinbase, and Gemini. Other handles compromised included the @Bitcoin Twitter account. Musk’s account pinned a tweet to his feed at 4:17pm ET which suggested that the entrepreneur would double any Bitcoin sent to a wallet address. Musk has, in the past, discussed […]

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Apparent Coordinated Twitter Attack Targets Binance, CZ, Gemini, and More

Recent events indicate that Binance’s Twitter account may have been compromised. A tweet from Binance CEO Changpeng Zhao, also known as CZ, suggests that shady activity is happening over on Binance’s Twitter account.  “Do not click on this link,” CZ tweeted on July 15 from his personal media page, providing a link to recent post from Binance’s breached twitter account, warning the public. “Please report the @Binance account immediately,” CZ added.  Binance’s account tweeted an odd post As linked by CZ, Binance’s account posted about an odd partnership […]

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3 Key On-Chain Metrics May Explain Chainlink’s Meteoric Rise

1,500% growth in the number of active addresses and a few other key indicators may explain the metric rise of Chainlink’s LINK token in 2020. The price of Chainlink’s LINK token has increased 480% since the beginning of 2020/ These three key metrics may explain its rise. LINK price 2020. Source: Nomics. Is it another pump? Chainlink has been in the news a lot over the past several months with a number of partnerships and integrations. However, whenever a cryptocurrency or a token experiences rapid appreciation, the […]

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Price Analysis 7/15: BTC, ETH, XRP, BCH, ADA, BSV, LINK, LTC, BNB, CRO

Select altcoins are showing strength and if Bitcoin price perks up a fast paced, market-wide rally could occur. The People’s Bank of China (PBoC) is rumored to be working with food delivery giant Meituan Dianping and ride-hailing application DiDi to test the digital yuan. Currently, Meituan Dianping is estimated to have more than 435 million users.  Video streaming platform, Bilibili, could also be the next to join the project. Although the PBoC has not committed to a specific launch date, the coronavirus pandemic seems to have accelerated […]

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Chinese Energy Supplier Deploys Blockchain Node in State-Run Network

Gansu province is now connected to the state-run Energy Zone Blockchain public service platform. An energy supplier in China has successfully deployed its first blockchain node. This node went live through the government-backed network, the State Grid Corporation of China. According to The Paper, Gansu province becomes the second provincial power company outside the State Grid Ningxia Power Company to connect to the state-run Energy Zone Blockchain public service platform. The deployment of the blockchain node in the province is part of the Party Central Committee’s initiative […]

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Six Months Later, Bitcoin Community Finally Debates How to Activate Taproot

The Taproot conversation is continuing with the Bitcoin community having to decide how to begin the months-long activation process. The Taproot upgrade represents one of the most significant developments for Bitcoin’s mainchain in recent months. Despite seeing very little controversy, the community is still debating on the proper procedure on how to implement it more than six months after the BIPs were published. The issues stem from the necessity of conducting a soft fork that would be accepted by all relevant stakeholders. According to a Reddit thread […]

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New Grayscale Report: Digital Assets Fund Adds $905M in Record Quarter

Grayscale Investments Q2 report shows a record $905 million inflow as institutions continue to move into Bitcoin, Ethereum and other digital assets. Grayscale Investments has just released its quarterly report which shows that institutional demand for Bitcoin and other digital assets is still on the rise despite the lack of action from Bitcoin price (BTC). The report shows that Grayscale had yet another record quarter for its digital asset products with $905.8 million dollars invested over that time period. The nearly $1 billion inflow means Grayscale almost […]

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