Crypto analytics firm CipherTrace has revealed that it has applied for two patents on technology that is capable of tracing transactions on privacy blockchain Monero.CipherTrace stated in its blog further that the patents include forensic tools that can explore the Monero ecosystem. The tools would help track transactions and assist law enforcement agencies for financial […]
DeFi platform Pickle Finance lost approximately $20 million to hackers in the past 24 hours. The hack was announced in the early hours today and it is understood that the funds were stolen from one of their smart contracts. https://twitter.com/picklefinance/status/1330242051468910596?s=20 Complex and advanced Hack Process The hacker was able to access the funds by attacking […]
Popular altcoin, Ethereum has surpassed the $500 mark for the first time since January 2018. Ethereum is in the midst of a bullish run that has seen its price rise by more than 7% in the past week.The last 24 hours has been massive for Ether as it gained 7% within this period and surged […]
The Bitcoin bullish run has seen a lot of attention on the leading coin which has resulted in several top executives revealing their stake in Bitcoin. The latest to disclose his holdings is Mexican billionaire Ricardo Salinas Pliego.Pliego is the founder of Grupo Salinas, one of the biggest groups in Latin America with stakes in […]
Billionaire investor Mike Novogratz has revealed that leading cryptocurrency Bitcoin will hit $65,000 in the coming months. This revelation comes after popular actress Maisie Williams made a poll on whether she should purchase Bitcoin. Game of Thrones Star interested in Bitcoin Williams who played the role of Arya Stark in Game of Thrones ignited Crypto […]
CitiBank director Tom Fitzpatrick hinted that the Bitcoin price could hit $318,000 by 2021. This was revealed by a Twitter user Alex who leaked a document that was sent by Citibank to its institutional investors.https://twitter.com/classicmacro/status/1327381449000034307?s=20The document contained extensive technical analysis highlighting Bitcoin’s rise in recent years and potential prediction for the coin. Fitzpatrick described the […]
Blockchain platform Tezos has launched its latest network protocol upgrade called Delphi. The team has been developing Delphi for a while and it was highly anticipated. It is expected that the launch of the feature would reduce gas consumption on the Tezos network by 75%. https://twitter.com/tezos/status/1326877616322859009?s=20Scalability has been high on the list for Tezos and Delphi […]
The DeFi sector continues to suffer from security breaches with the latest affecting Lending protocol Value DeFi. It is believed that the DeFi protocol fell victim to a flash loan exploit which resulted in the loss of $6 million.https://twitter.com/value_defi/status/1327660571592773632?s=20The flash loan attack on Value DeFi came after the protocol had Tweeted a now-deleted tweet that […]
Since PayPal’s announcement, the Bitcoin price has been on a steady rise peaking to $16,000, hitting an all-time high for 2020. Most analysts think that the trend is still bullish and new records might be on the road. Today, PayPal skipped the waiting list and officially announced that all users from the United States are […]
As we draw closer to the Bitcoin Cash (BCH) hard fork there is an increased activity of BCH deposited on exchanges. Analytics firm Chainalysis revealed that over $130 million worth of BCH had been transferred to exchanges in the past week. This increased flow has seen the total amount currently on exchanges has hit the […]
