Tuesday, July 27, 2021
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Crypto Crash Cost Ethereum Boss His Billionaire Status, Said We’re Caught In A Bubble

As devastating as Wednesday’s crypto crash was, few hodlers lost as much as Ethereum Co-Founder Vitalik Buterin. According to CNN, Buterin’s public wallet was valued at $1.1 billion on the morning of the downturn. But following the crash, it stood at $870 million. Markets bounced back as the selling eased off.

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Internet Shutdowns Cost India $2.8B in 2020: Report

A new report shows India’s regional internet shutdowns in 2020 cost its economy approximately $2.8 billion, making it the country that suffered the most damage from internet manipulation by a government last year.Internet shutdowns, or the intentional disruptions of internet access or electronic communications targeting a specific location or population,

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Bitcoin Options Volume Sets Record as BTC Miners Hit Breakeven Cost

Bitcoin (BTC) derivatives traders were anything but bearish during Monday’s crash, data reveals — options volumes set a giant $200 million all-time high.According to figures collated by monitoring resource Skew Markets, volatility which saw BTC/USD descend to two-month lows of $7,625 sparked a surge in options trading.BTC options near

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Coronavirus Could Cost the Global Economy Trillions on a SARS Baseline

Using estimates of the economic damage caused by SARS and current rates of coronavirus infection, COVID-19 could cost trillions. Official figures show coronavirus is about 33% as deadly as the 2002-2003 SARS epidemic. So far it’s infected 6,800% more people. Chinese authorities downplayed the epidemic’s impact on the economy

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EY Open-Sources Tech It Says Slashes Cost of Private Ethereum Transactions

Accounting multinational EY has released blockchain technology that it claims greatly reduces the cost of private transactions.In an announcement on Thursday, the firm said the third-generation of its zero-knowledge proof (ZKP) tech for the ethereum blockchain – originally dubbed Nightfall – is now available in the public domain (the documentation

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