How secure is blockchain technology? Experts weigh in on the complex differences between public and permissioned blockchains. Blockchain technology has become synonymous with privacy and security, but those very characteristics have been put to the test over the past decade. With historical roots embedded in cryptography, many blockchain and cryptocurrency projects purport to offer unbridled…
Author: nbelov
Bitcoin Price: Why Today’s Weekly Close Is Crucial to Avoid $8,000s
Bitcoin price needs to secure a weekly close above $9,300 to avoid dropping below the ascending channel to revisit lows below $8,800. As the weekly close approaches Bitcoin (BTC) price made a quick move toward $9,300 after spending the past 48-hours struggling to hold above $9,200. Traders would like to see the top-ranked asset on…
Ethereum Privacy Protocol Takes Foot Off Brake With Entirely Immutable Contracts
Tornado.cash has launched complete immutability for its smart contracts, despite the potential security risks. Fledgling Ethereum anonymization protocol Tornado.cash has launched completely immutable smart contracts — rendering the protocol “unstoppable” from May 21. While the project has extolled the virtues of immutability and declared that “code is law,” many within the Ethereum (ETH) community are…
The Death of the ICO: Has the US SEC Closed the Global Window on New Tokens?
As Telegram learned, regulators in the U.S. are a major barrier to new projects looking for funding anywhere in the world. The United States Securities and Exchange Commission’s vigor in pursuing initial coin offerings, or ICOs, has become a major boogeyman within the crypto community. Most recently, the case against Telegram ended with that company…
Ethereum 2.0 Release Date Set for the Eleventh Hour as Issues Persist
Bugs, management issues and competitors: What challenges is Ethereum facing before its anticipated proof-of-stake upgrade? The launch of Ethereum (ETH) 2.0 may be delayed yet again after developers rescheduled the network’s proof-of-stake algorithm upgrade for June 2020, as reported by Cointelegraph on May 15. Taking into account all of the factors surrounding the highly anticipated…
Got 10 BTC? You’re Now in the Top 0.5% of 30 Million Bitcoin Addresses
There are now 30.4 million Bitcoin addresses with a balance, but those with even a whole coin form a tiny minority. Bitcoin (BTC) wallets with a positive address have crossed 30 million for the first time — but less than 1% contain even 10 BTC. According to the latest data from monitoring resource Bitinfocharts, a…
‘Coinbase Listings’ Return: 200% OmiseGo Pump and Dump Raises Eyebrows
The launch of support for OmiseGo sees an 80% trading premium, a sudden price breakout and renewed accusations of insider trading. Controversy has returned to cryptocurrency exchange Coinbase after an altcoin it listed surged 200% in 15 minutes — only to crash immediately afterward. Currently a topic of interest on social media, Coinbase’s listing of…
DeFi Exec Believes Crypto Community Mostly “Short-Term Thinkers”
DeFi entrepreneur Alex Mashinsky has slammed crypto’s culture and community for short-term profiteering. In an interview with Cointelegraph, Alex Mashinsky, the founder of the decentralized finance app Celsius Network, took aim at the crypto community for becoming fixated on short-term profiteering and failing to drive mass adoption. Mashinsky urged the community to capitalize on the…
Wild Weekend for Bitcoin Price? US Lockdown Loosens on Memorial Day
Bitcoin’s recovery to $10,000 is currently hindered by resistance at the 20-MA and with a holiday weekend coming up traders brace for volatility. Since dropping below the ascending channel trendline to $8,815 on May 21, Bitcoin (BTC) price has recovered 4.78%. BTC/USD continues to meet resistance at the 20-day moving average, obstructing traders’ desire to…
Ontology Partners With German Startup to Accelerate Supply Chain Identity Solutions
Ontology has partnered with digital identity specialist Spherity to expedite the development of ID solutions across the supply chain. Ontology recently partnered with German digital identity and cloud wallet provider, Spherity, to collaborate on expediting development on digital identity solutions for products and enterprises. The partnership will see Spherity’s Cloud-Edge wallet integrate with Ontology’s (ONT)…