Cryptocurrency Analysis and News Portal
An active-duty United States Space Force astronautical engineer is proposing to the Pentagon a cybersecurity tool capable of transforming the country's national security and even the base-layer architecture of the internet: Bitcoin (BTC).In an academic thesis, Major Jason Lowery, who is also a National Defense Fellow at Massachusetts Institute of
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The Alibaba growth sentiment has spread to the entire Chinese sector with the shares of other competing firms soaring following the news. The shares of Chinese multinational e-commerce and tech giant Alibaba Group Holding Ltd (HKG: 9988) is trading at a very high growth rate today as the company said it
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On Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas, HSBC, Natixis, and BNP’s Exane Bank, over alleged charges of money laundering and fiscal fraud. According to a spokesperson for France’s Financial Prosecutor’s Office (PNF), the preliminary investigation into four
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Chinese e-commerce giant Alibaba has confirmed plans to split into smaller groups to allow each one pursue independent IPO. Alibaba Group Holding Limited (NYSE: BABA) recently announced plans to split into 6 business units, each capable of pursuing an IPO. According to the Chinese e-commerce giant, the move seeks to “unlock shareholder
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“While there are plenty of imperfections in the Endgame reforms and the constitutional processes, we are better off uniting around the clean slate those reforms provide and working to make the new Maker as dynamic and successful as possible,” delegate platform Frontier Research posted on Maker’s governance forum. Original Source
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Fees are a function of transaction size and network volumes (how congested the network is). Transactions are processed in blocks, storing up to 1 megabyte of data. Hence, a sudden spike in activity often leads to network congestion – transactions waiting to get verified. In such situations, miners target transactions
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General Bytes experienced a security incident on March 17 and 18 that enabled a hacker to remotely access the master service interface and send funds from hot wallets, according to the company and sources. The breach forced a majority of U.S.-based crypto automated teller machine (ATM) operators to temporarily shut
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The market saw higher-than-usual volatility this week following the collapse of crypto-friendly banks over the weekend. Source
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In the wake of three major banks with ties to crypto firms collapsing, software engineer Molly White believes companies now looking at banking options may have to face “shadier” solutions.Speaking on March 14 at a South by Southwest (SXSW) panel in Austin, Texas on ‘Popping the Web3 Bubble’, White opined
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The firm’s Chairman Axel Lehmann declined to comment on whether it will need assistance from the government in the future, he highlighted that the bank has no problems as it has good return capital ratios. With the banking industry in the United States currently experiencing financial strain, there may be a
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