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Bitcoin’s future price action would depend on these key aspects

A massive drop, fear and anxiety at their peak, and a superstar entry back with a bang, pretty much sums up Bitcoin’s price action over the past week. The king coin’s downward trajectory led to a market-wide fall and a major bearish market. However, nothing is permanent in this crypto-verse where volatility is the name of the game. Bitcoin’s foray below the $30k zone didn’t last long either, and the asset soon made a strong comeback with gains of 6.25% in 24 hours, at the time of writing. A closer look

THORChain hit by another exploit; loses up to $7.6M

With the emergence of cryptocurrencies, also came a corresponding rise in ransomware attacks. Several security loopholes in the cryptocurrency space in general, and smart contract platforms in particular, have come to light over the last few years. Once hailed as foolproof, blockchains have fallen fall prey to illicit activities, an assertion evidenced by the numerous scams and fraudulent activities that ensued. The latest to fall victim to the same is THORChain, a popular cross-chain decentralized exchange. It’s in the news today after an exploit drained millions of dollars from the

A classic case of short-term loss, long-term gain for Bitcoin and the crypto-sector?

Regulatory scrutiny has become an oft-visited issue in recent months, with countries all over the world stepping up their efforts to regulate the cryptocurrency ecosystem. Several arguments have been made in favor of, as well as against these steps, with some calling it an effort by traditional institutions to curb what doesn’t fall under their purview while others have hypothesized about the possible growth that regulations can bring. Those in favor of regulations were joined by Bitmain founder and former CEO Jihan Wu recently after he told CNBC that he

This is how confident whales are about Ethereum’s price

Ethereum has lost nearly 60% of its value since its peak back in May. However, the scale of the reversal in the value of the second-largest cryptocurrency has definitely invited more interest and support from crypto-holders in the market. ETH recently lost its support at $2,000 and dropped to $1,844, before recovering somewhat. To the market’s traders, however, this was a good entry point, with the subsequent buying pressure pushing the alt’s value to its press time value of $1,959. Buy low, sell high. We all know the basics of

Institutional investors — the future of crypto is in their hands. Or is it not?

Institutional investors are believed to drive the cryptocurrency market’s adoption and growth. Their involvement promises to make crypto widely recognized and accepted as a truly global currency. Bitcoin is supposed to gradually become an alternative to gold and skyrocket to unprecedented crypto prices.  But is this really how institutional investors work? In which direction are they actually driving the crypto market — and, after all, who are they? In this article, we will bring you the latest examples of huge whales’ interest in crypto, discover the reasons for that, and

The Effect of Coronavirus on the Cryptocurrency Market

The year 2020, has been greatly eventful. From threats of a world war, to increased terrorist attacks. A biography on the life of the year 2020, would not only be a bestseller but also an excellent read. However the most significant single event of this year is and has been the coronavirus (COVID-19) pandemic, at its global takeover. From a regular virus, one that was once considered to be not worse than a cold flu, to transition into a global pandemic outbreak. The COVID-19 pandemic has affected every aspect of

Notional Audit

Notional Audit – OpenZeppelin blog Security Audits If you are interested in smart contract security, you can continue the discussion in our forum, or even better, join the team 🚀 If you are building a project of your own and would like to request a security audit, please do so here. related posts Source: https://blog.openzeppelin.com/notional-audit/?utm_source=rss&utm_medium=rss&utm_campaign=notional-audit

Saddle Contracts Audit

Saddle Contracts Audit – OpenZeppelin blog Security Audits If you are interested in smart contract security, you can continue the discussion in our forum, or even better, join the team 🚀 If you are building a project of your own and would like to request a security audit, please do so here. related posts Source: https://blog.openzeppelin.com/saddle-contracts-audit/?utm_source=rss&utm_medium=rss&utm_campaign=saddle-contracts-audit

Only 22% of Bankers and Financial Investigators Feel Confident Detecting Crypto-Related Payments  

Only 22% of Bankers and Financial Investigators Feel Confident Detecting Crypto-Related Payments   - CipherTrace skip to Main Content Home » Alert » Only 22% of Bankers and Financial Investigators Feel Confident Detecting Crypto-Related Payments   In a December 9 CipherTrace-ACFCS Webinar on “How Cryptocurrency Intelligence Tipped the Scales in 2020 Sanctions Evasion,” over 500 attendees from various Financial Institutions were asked if they felt confident detecting cryptocurrency related payments flowing through their institutions and/or investigations. Over three-quarters—78.2%—of attendees responded that they do not feel confident in detecting crypto-related payments