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Ethereum Classic Under Multiple 51% Attacks | Bitcoin News Summary Aug 10, 2020

Source Node: https://99bitcoins.com/bitcoin-news-summary-aug-10-2020/
Time Stamp: August 10, 2020 1:00 AM - Modified On: May 21, 2021 - Published By:
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 Ethereum Classic has suffered its second 51% attack in less than a week, bringing the ongoing security of the network into question. During the attack, the offending miner managed to double-spend $5.6 million worth of ETC after spending only $200,000 to acquire the hash power for the attack. The ETC team was advising its clients to halt interactions with the network while corrective steps were taken. The US branch of global cryptocurrency exchange, Binance has halted all trading and orders following an incident. CEO Catherine Coley tweeted, “Your funds

What is Flexa Coin? A Guide to FXC Token

Source Node: https://www.asiacryptotoday.com/flexacoin-fxc/
Time Stamp: August 9, 2020 4:16 AM - Modified On: May 21, 2021 - Published By:
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A look at the Flexa project, its background, history, and its native asset, Flexacoin. We will also talk about its underlying protocol, as well as its role in the Decentralized Finance (DeFi) field. The Flexa project claims to be the “simplest and safest way” to allow retail usage of crypto-currencies today. This DeFi project has acquired its reputation and value by enabling different crypto-assets to be used for payments on its digital wallets. And these are done in an instant and highly-secure manner for users and merchants alike. Built on

What is Wrapped Bitcoin? A Guide to WBTC

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Time Stamp: August 8, 2020 12:24 AM - Modified On: May 21, 2021 - Published By:
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WBTC is a way for Bitcoin to run on the Ethereum blockchain. Performing quick and affordable transactions using Bitcoin (BTC) has long been a problem of the community ever since it became more popular. This is why there have been many developments planning to address this issue.  But what if we can make our BTC coins functional on the Ethereum (ETH) blockchain? Would there be a difference? Wrapped BTC (WBTC) is a multi-institution project that aims to solve common BTC problems by creating its ERC-20 token counterpart. And in the

BitBlockBoom Is Bringing Bitcoiners Back Together

Source Node: https://bitcoinmagazine.com/articles/bitblockboom-is-bringing-bitcoiners-back-together?utm_source=rss&utm_medium=rss&utm_campaign=bitblockboom-is-bringing-bitcoiners-back-together
Time Stamp: August 4, 2020 4:05 PM - Modified On: May 21, 2021 - Published By:
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Gary Leland is hosting the third installment of the BitBlockBoom conference in Dallas, Texas on August 29, 2020. But this year’s event is decidedly different: this is set to be the first well-attended, in-person Bitcoin event held in the United States since the Covid-19 outbreak began. Because of the unique situation he’s in, Bitcoin Magazine wanted to check in with Gary and understand more about the preparations he’s making to ensure that BitBlockBoom is both a successful and safe event for everyone attending. Flip: I think you’re the first well-known

Ethereum eSports Betting: How to Get Started

Source Node: https://bitcoinchaser.com/ethereum-esports-betting/
Time Stamp: August 4, 2020 10:33 AM - Modified On: May 21, 2021 - Published By:
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Nowadays, if you are interested in gambling, it’s hard to say you have never heard of cryptocurrency. It is no longer the question of what is cryptocurrency but rather which cryptocurrency is the best option. When you looking at one’s financial options, it is hard to make a blanket call on what is the best route to go, but as far as what we can see, when it comes to online gambling one of the best and most rewarding routes to go would be making use of Ethereum in the

What is Serum? A DeFi Derivatives DEX Guide

Source Node: https://www.asiacryptotoday.com/serum-srm-guide/
Time Stamp: August 3, 2020 5:54 AM - Modified On: May 21, 2021 - Published By:
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DeFi-based exchanges have seen wild success in 2020 thanks to yield farming, which has incentivized hundreds of thousands of users to provide liquidity to these platforms. With that being said, DEXs are still a far-cry from centralized exchanges in both UI and UX. Serum is here to change all that. Serum is a protocol that claims to be “pure DeFi” as they have managed to address a lot of issues the space is facing. Most of the users in DeFi today are not traders but yield farmers. Yield farmers are

Ripple Rebounds and Overruns the Bears as It Targets $0.28 Resistance

Source Node: https://coinidol.com/ripple-targets-resistance/
Time Stamp: August 1, 2020 7:14 AM - Modified On: May 21, 2021 - Published By:
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Aug 01, 2020 at 11:14 // News Today, Ripple has hit above the $0.26 price level at the time of writing. Earlier on, buyers have been pushing XRP from the previous overpriced level of $0.235. The coin bounced above $0.23 to break the $0.235 resistance. Nonetheless, the momentum extended to $0.25 high on July 29. However, further upward movement was stalled below the resistance as buyers fail to push XRP above $0.25. On July 31, the resistance was breached as price rallied above it. Today, XRP is trading at $0.27

Blockchair In Blockchain World | Let Us Explore The Explorer In 2020

Source Node: https://www.cryptoknowmics.com/news/blockchair-in-blockchain-world-let-us-explore-the-explorer-in-2020
Time Stamp: August 1, 2020 6:20 AM - Modified On: May 21, 2021 - Published By:
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Table of Contents Rate this post Blockchain technology has the whole new world to explore whether in term of applications, tools, features, compatibility with other technologies and many more. In earlier days, when Bitcoin was launched in 2009, it was considered that Blockchain is meant for the financial system only. But, as the potential of technology was analysed by the various communities, they concluded that Blockchain is meant for exploration. In this article, we will limit our nerves to explore to cryptocurrency. In the crypto marketplace, investors generally keep track

Ethereum Rallies Continue as It Faces another Hurdle at $360

Source Node: https://coinidol.com/ethereum-faces-hurdle/
Time Stamp: August 1, 2020 5:42 AM - Modified On: May 21, 2021 - Published By:
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Aug 01, 2020 at 09:42 // News Ethereum has continued its bullish run as buyers were able to push ETH above the previous resistance at $340. They were initially stopped at the $340 resistance as the market dropped to $330 low. There was a quick recovery as price broke the resistance and push to the previous highs. Today, ETH has broken above $340 and it is approaching the high of $360 at the time of writing. The upside rise will face minor resistance but it will propel price for a

Algorithmic Trading Strategies, Explained

Source Node: https://cointelegraph.com/explained/algorithmic-trading-strategies-explained
Time Stamp: April 9, 2020 11:15 AM - Modified On: May 21, 2021 - Published By:
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Momentum trading is based around the logic that if a predominant trend is already visible in the market, then that trend is plausibly going to continue at least until signals begin to come in that it has ended. The idea with momentum trading is that if a certain asset has been moving primarily in one direction for, say, several months, then we can safely assume this trend will continue, at least until data starts to show otherwise. Therefore, the plan will be to buy on every dip and lock in

Here’s How the Crypto Sector Is Navigating the Pandemic’s Challenges

Source Node: https://cointelegraph.com/news/heres-how-the-crypto-sector-is-navigating-the-pandemics-challenges
Time Stamp: April 8, 2020 12:01 PM - Modified On: May 21, 2021 - Published By:
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Despite hopes that a peak of the coronavirus cases is near, the pandemic continues to impact almost every aspect of daily life, becoming a rolling news ticker in itself. When such a disaster strikes, it can be easy to go through each day devouring the latest news as it occurs and digesting each piece as a story by itself without forming an overall picture.This pandemic is a seismic event with far-reaching impacts across different sectors, and crypto is no exception. In fact, because cryptocurrency markets move at breakneck speeds, the