Monthly Archives: February 2021

Privacy Coin Verge Suffers Third 51% Attack, Analysis Shows 200 Days of XVG Transactions Erased

According to various reports, the cryptocurrency network Verge has suffered a 51% attack that led to a massive 560,000+ block reorganization. Analysts believe the Verge network attack could be the deepest blockchain reorganization (reorg) in history with roughly 200 days worth of verge transactions wiped. Reports Show Verge Network Experienced a Massive 560,000+ Blocks Reorg The blockchain Verge and its native token XVG once made headlines for being added to the popular adult website Pornhub. This week, the Verge network has been 51% attacked according to multiple […]

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Bitcoin Will Persist In Nigeria, But The Ban Changes Things

You have probably heard the news about the Central Bank of Nigeria (CBN) imposing a ban on financial services for cryptocurrency exchange operators, as well as the incongruent excuses for its action. You may have also heard of several connected controversies, like how it’s linked to the #endSARS protests, aid for which was partly funded in bitcoin.  What you probably don’t know, though, is how this is related to the economic shock from the COVID-19 pandemic, the huge arbitrage gap in the naira (NGN) prices across the […]

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Chinese bank tests biometric hardware wallet for digital yuan payments

Another Chinese banking institution has created a hardware wallet for the country’s central bank digital currency. China’s large-scale digital yuan testing across several cities continues to gather pace with some financial institution leading the development of hardware wallets for the central bank digital currency. According to news agency Xinhua, the Postal Savings Bank of China has created a biometric hardware wallet for the project. The biometric hardware wallet enables easy identity verification for users via fingerprint sensors on the card. Consumers participating in the CBDC trials in […]

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The Bahamas gets a card for its sand dollar national digital currency

The Central Bank of the Bahamas partnered with Mastercard and digital payment startup Island Pay to launch a card for its central bank digital currency. The Bahamas is moving to make its national digital currency more accessible by launching a prepaid card for the “sand dollar.” The Central Bank of The Bahamas has partnered with global payment giant Mastercard and local payment startup Island Pay to create a card that supports the sand dollar central bank digital currency. According to a Wednesday announcement, the card is running under […]

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Mainframe-rebrand HiFi launches fixed-rate lending protocol

The new entrant into DeFi lending hopes to stand out with unique collateral types and features. HiFi — the recent rebrand of onetime decentralized application platform Mainframe, which is focused on decentralized finance — announced today the launch of a fixed-rate DeFi lending platform.  “Fixed-rate lending is an important milestone for DeFi,” said HiFi CEO Doug Leonard in a press release. “Investors and traders need less-volatile options so that they can plan finances in advance, have predictability in expenses and hedge investments with certainty.” The launch is […]

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MahaDAO to List MAHA and ARTH With BitMax.io

PRESS RELEASE. BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of MahaDao under the trading pair of MAHA/USDT and ARTH/USDT on Feb 15 at 9:00 a.m. and 10:00 a.m. EST. MahaDAO is a set of DeFi protocols governed by a decentralized autonomous organization. Its smart contract-controlled vaults are used to mint ARTH, a decentralized algorithmic stablecoin that maintains buying power irrespective of which direction the market moves. Different from USDT and Dai, ARTH is pegged against […]

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Bitcoin buys more gold than ever with one ounce now costing under 0.035 BTC

One analyst says Bitcoin is “eating” the precious metal as gold bugs scramble to find support amid repeated new all-time highs. Bitcoin (BTC) is now worth more in gold than at any time in its history as the largest cryptocurrency passes $50,000. Data noted by markets commentator Holger Zschaepitz on Feb. 17 confirms that one ounce of gold now buys just 0.0352 BTC. XAU/BTC plumbs new depths Since hitting new all-time highs on Wednesday, the price of gold in Bitcoin terms became even cheaper, with one ounce […]

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Peter Schiff Admits Bitcoin Could Reach $100K After BTC Price Soars Past His Expectations

Gold bug Peter Schiff has revised his bitcoin prediction after the price of the cryptocurrency exceeded his expectations, reaching an all-time high above the $50K level. He now says, “I must admit that a move up to $100,000 can’t be ruled out.” Nonetheless, the long-term bitcoin skeptic warns that the price can also drop to zero and one should buy gold instead. Peter Schiff Now Predicts Bitcoin Can Reach $100K Euro Pacific Capital CEO and host of the Schiff Radio show, Peter Schiff, was mocked by the […]

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Elon Musk Hints At Making (Mars Coin)

elon musk considers the idea of making his own cryptocurrency "Mars Coin" coinbase opens a waitlist for eth 2.0 staking, and much more! Social Media: Support Me On Patreon: https://www.patreon.com/mrsotkogaming Follow me on Twitch: http://www.twitch.tv/mrsotko Follow me on Twitter: https://twitter.com/MrSotkoGaming Follow me on Instagram: https://www.instagram.com/mrsotko/ Discord: https://discord.gg/r2Yf8Ae Litecoin donation address: LZaQgPhBvQT6PC2gAnLsQGPPaYDPm5dyNx Ethereum only donation address: 0x125DE6B8FAb078701e0b11ECb1A6bDF3aF9E73dc Bitcoin donation address: 144vfND4SGhYxyjAWKHBETGncuwdYKmoyG BAT Donation Address: 0xC868a8322A714Bd506aB27768a3DDb9D4d2228Cd Sign Up To Coinbase For $10 Free in BTC – https://www.coinbase.com/join/pittse_d Sign Up To Kucoin To Trade Crypto – https://www.kucoin.com/ucenter/signup?rcode=r28raM mrsotko@gmail.com #bitcoin #ethereum […]

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FastBitcoins Gifting Customers 50 Percent Of On-Chain Transaction Fees For Using Lightning

FastBitcoins, which allows users to buy bitcoin directly via their bank accounts or at physical locations quickly through the Lightning Network, will be rewarding its users with 50 percent of the transaction fees that would usually be charged on-chain. “With this new incentive, FastBitcoins aims to proactively drive customer adoption of the Lightning Network, the payments layer that sits on top of the main Bitcoin blockchain, and make Bitcoin usable for people in real life,” according to an announcement shared with Bitcoin Magazine. “The Lightning Network allows […]

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