Uniswap Labs has announced it is restricting access to 129 crypto tokens as it monitors an evolving regulatory landscape. In a new blog post, Uniswap Labs, the leading contributor to the Uniswap protocol, provides a list of tokens it will restrict access to. The software development studio says that the assets in question represent a …
Author archives: Adam Owen
Here’s how much Musk and Saylor’s tweets influenced crypto prices in Q2
Elon Musk and Michael Saylor played a significant role in shaping crypto investor sentiment during the second quarter, underscoring just how nascent digital asset investing remains when compared with other, more established markets. Sentiment-driven analysis from The TIE and eToro USA reveals the extent to which Musk and Saylor impacted Bitcoin (BTC) values in the …
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Ethereum eyes rally to $3K, with 39% ETH price rebound triggering a classic bullish pattern
The price of Ether (ETH) jumped to a three-week high on Monday, triggered by similar gains in the Bitcoin (BTC) market that appeared in the wake of rumors about Amazon’s foray into the cryptocurrency sector. A job posting from the retail giant showed that it is seeking an executive to build its “digital currency and …
Blockchain fail-safes in space: SpaceChain, Blockstream and Cryptosat
In the 1988 “Crypto Anarchist Manifesto,” engineer, author and cypherpunk Timothy C. May predicted a social and economic revolution enabled by technological developments, including high-speed networks, personal computers and satellites. Today, former Bitcoin core developer Jeff Garzik — now with SpaceChain — and others are making this vision a reality. Private crypto companies including SpaceChain, …
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Bitcoin ETF not happening in 2021, says Wilshire Phoenix co-founder
William Cai, co-founder of investment firm Wilshire Phoenix, is the latest person to cast doubts on the possibility of a Bitcoin (BTC) exchange-traded fund (ETF) approval in the United States in 2021. Speaking to Business Insider, Cai remarked that a Bitcoin ETF in 2021 is unlikely as he offered 2022 and 2023 as the earliest …
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5 Top Cryptocurrency To Buy This Week July 2021 Week 4
The crypto market has made massive gains over the last week. The market cap which was at $1.37 trillion only last week has grown to $1.54 trillion. Following off from the 2. Ethereum (ETH) Another top cryptocurrency to buy this week is Ethereum. The second-largest cryptocurrency is currently trading at $2,321 and is up by …
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BitcoinIRA Transactions Jump 24,900% in 4 Years As Investors Flock to Crypto Retirement Savings
Financial services technology platform BitcoinIRA is seeing massive growth in transactions as investors flock to crypto for their retirement savings, according to a CNBC report. BitcoinIRA is a California-based firm that allows its clients to invest in crypto assets with the kind of tax breaks that come with an individual retirement account (IRA). ADVERTISEMENT …
Blockchain Australia calls the state for crypto safe harbor
Blockchain Australia, a major association representing the local cryptocurrency industry, has officially introduced its crypto regulation recommendations to the federal government. The association filed a submission to the Senate Select Committee on Australia as a Technology and Financial Centre last Friday, calling the government to provide a safe harbor for local crypto service providers. Pointing out …
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Cryptocurrency is ‘pure trading instrument,’ hedge fund CEO says
Not all hedge fund managers are sold on crypto as Man Group CEO Luke Ellis has compared cryptocurrencies to tulip bulbs. Speaking to the Financial Times, Ellis remarked that the utility of crypto comes from its volatility, thus presenting the asset class as a viable trading opportunity. According to the CEO of the world’s largest …
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Global crypto ATM installations have increased by 70% in 2021
Alongside cryptocurrency’s decade-long adoption drive, the momentum behind the installation of crypto ATMs continues across the globe. Based on Coin ATM Radar’s latest data, crypto ATM installations in 2021 have witnessed a spike of 71.73%, pulling up the numbers from 13,993 on Jan. 1 to 24,030 at the time of reporting. Last year, the global …
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DeFi cannot be fully regulated, Siam Commercial Bank president says
Arak Sutivong, CEO of SCB 10X and the president of Siam Commercial Bank (SCB), has offered an insight into how one of the largest venture capital funds in Southeast Asia views the future of decentralized finance (DeFi) when it comes to the contentious question of regulation. SCB 10X is the venture arm of SCB, Thailand’s …
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Amazon rumours lead to $1 billion in crypto ‘shorts’ getting liquidated
Data from market tool Bybt shows nearly $1 billion worth of ‘short’ traders—individuals betting on a market decline—were liquidated this morning, with $750 million of that amount coming from Bitcoin trades alone. It came on the back of crypto circles sharing an uncanny development on social media: That of global online marketplace Amazon ‘definitely’ accepting …
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Cardano (ADA), Dogecoin (DOGE), Chainlink (LINK) lead gains as crypto markets jump
Crypto markets saw billions of dollars in gains Monday morning after months of ‘ranging,’ data from multiple sources shows. Leading the charge was Bitcoin, the world’s largest cryptocurrency by market cap, with a jump of over 10%—from $35,000 to $38,000—reaching as high as $39,000 below seeing a brief correction. Bitcoin trades well over its 34-period …
How blockchain, NFTs, and on-demand satellites are saving Africa’s wildlife
Satellite virtualization solutions firm Exodus Orbitals Inc. has announced its partnership with the Lady Rocket Foundation to apply satellite technology and NFTs to better protect African wildlife against poaching and climate change. Eva Blaisdell, who goes by ‘Lady Rocket,’ is a third-generation Aviation/Space investor and entrepreneur. Her Foundation recently innovated in the field of applying …
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Kubernetes Clusters Used to Mine Monero by Attackers
Attackers are abusing an attack vector present in one of the most popular execution engines (Argo Workflows) to repurpose Kubernetes systems to mine cryptocurrencies. The attack exploits a vulnerability in the system of permissions of Argo Workflows machines connected to the internet, deploying malicious workflows that install Monero-based containers. Attackers Leveraging Argo Workflows for Crypto …
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