Monthly Archives: August 2020

Passive Income via Digital Wealth: A Deep Dive Into Crypto Earning, Staking, Interest Bearing Accounts

During the last two years investment vehicles that allow crypto asset holders to gather yields have grown exponentially and anyone can make passive income with a number of avenues. Staking validators, decentralized finance (defi) lending services, and interest rate earning accounts provide digital currency holders with the means to make their money work for them. Crypto Earning and Passive Income Crypto assets are an investment in the future of money, and many people have made millions and even billions by simply trading or holding for very long […]

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A Tor Vulnerability May Have Enabled Dark Web Bitcoin Theft

Stealing Bitcoin from Tor users is easy. According to recently published research, an attacker has found vulnerabilities in the Tor browser network that might have allowed them to steal Bitcoin (BTC) from users. Tor was developed by the U.S. government for anonymous internet communication and has since been adopted by privacy advocates. Because of its privacy-preserving features, it is also popular with the denizens of the Dark Web. Many in the crypto community rely on Tor, entrusting their Bitcoin transactions to its security and anonymity. Confirmed malicious […]

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Analyst Predicts DeFi Growth May Push Chainlink (LINK) Price to $32

Investment analyst Timothy Peterson says Chainlink (LINK) price might hit $32 by the end of 2020, but holding that level would be impossible. Timothy Peterson, a chartered alternative investment analyst, says Chainlink (LINK) token could be valued at $32 by the end of 2020. Peterson’s comments come just days after LINK rallied by 88% over the course of two weeks. The explosive growth of the Decentralized Finance (DeFi) market is thought to be one of the primary factors that spurred the demand for oracles, like Chainlink and […]

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Crypto Friendly Candidate Yang Left Off DNC Speech List

The agenda for the Democratic National Convention, or DNC, does not include prior democratic presidential candidate Andrew Yang as a speaker, leaving the politician surprised. Known in the crypto industry for his comments on the burgeoning asset class, former presidential candidate Andrew Yang’s name does not appear on the DNC’s latest speaker list, according to an article from USA Today.  Released on Aug. 10, the current DNC speaker list includes Bernie Sanders and Pete Buttigieg, among others, USA Today said.   “I’ve got to be honest I kind […]

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A City in South Korea is Expanding Its Blockchain Payment Program

South Korea’s “Silicon Valley” continues its love affair with Blockchain technology. A major satellite city in South Korea, Seongnam, is preparing to expand its existing blockchain-powered payment program by issuing new digital gift certificates. According to Kyunghyang Shinmun, the city’s Blockchain infrastructure will rely on a mobile app named Chak app. This app will be built by the Korea Minting and Security Printing Corporation, or KOMSCO. Seongnam’s project hopes to make it easier for elderly and middle-aged residents to utilize the city’s existing Blockchain technology. They also […]

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Bitcoin Price Keeps Rejecting $12K — Here’s What Can Happen to BTC

The price of Bitcoin rejected $12,000 for the second time in a mere 10 days. Now, traders discuss where BTC is headed next. The price of Bitcoin (BTC) rejected the $12,000 resistance level for the second time in the past 10 days. Traders are generally optimistic about the short-term trend of BTC, following its extended consolidation below a critical resistance level. When an asset stays relatively stable near a major resistance area, it typically suggests a bullish continuation is likely. It shows that sellers do not have […]

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A New DeFi Exchange Says It Has Solved An Industry-Wide Problem

This exchange aggregator thinks it can do better than the exchanges it aggregates. Decentralized exchange aggregator 1inch.exchange has launched its own DEX. As part of their efforts, they promised to fix two major issues with this type of exchange — front-running and impermanent loss. Announced on Tuesday, the Mooniswap exchange is an automated money market, or AMM, similar to Uniswap or Balancer. It has adopted a distinctly different approach from Bancor V2, which uses oracles to stay updated on market prices. Impermanent loss occurs when an asset’s […]

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Billion Dollar Public Company Microstrategy Moves $250 Million Into BTC, Says Bitcoin ‘Superior to Cash’

Nasdaq-listed company Microstrategy Inc. is bullish on bitcoin, saying that it is a “dependable store of value” that is “superior to cash.” The billion-dollar company has purchased $250 million in bitcoin, adopting the cryptocurrency as its primary treasury reserve. Public Company Now Holds Bitcoin as Cash Reserve Microstrategy Inc. (NASDAQ: MSTR), which describes itself as “the largest independent publicly-traded business intelligence company,” rocked the bitcoin community on Tuesday when it announced the adoption of bitcoin as its primary treasury reserve. The company’s market cap is currently about […]

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With Value Approach, Off The Chain Capital Is Changing The Bitcoin Investment Narrative

When viewed from a traditional investing lens, bitcoin may seem like a risky bet. The technology is still relatively new, the price is notoriously volatile and it’s not uncommon to hear investors caution newcomers not to invest more than they can afford to lose in BTC. But the performance of Off The Chain Capital, a digital currency investment firm that focuses on value investing in bitcoin, tells a different story. As one of the best-performing funds in the space, it has shown that reliable performance and BTC […]

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Adam Back: Bitcoin is Enough, Satoshi Should Stay Out

Adam Back has some interesting (if somewhat odd) views on altcoins and the return of Satoshi Nakamoto. In a Cointelegraph interview, Adam Back provided additional clarity on his perceived Bitcoin (BTC) maximalism. Blockstream’s CEO believes that Bitcoin is enough and there is no need for a multitude of derivative projects. Back said, “I think it’s like TCP/IP the internet exists. We don’t need 5800 TCP/IP copies trying to monetize and profiteer off pumpanomics or such. It detracts from value (I gather there are about 5,800 altcoins as […]

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