Cryptocurrency Analysis and News Portal
Ken Deeter, a partner at crypto venture firm, Electric Capital, proposed a pragmatic approach to ensure decentralized finance, or DeFi, projects are not exploited due to bugs in the system.In an article published on May 27 through the Electric Capital blog, Deeter calls for DeFi projects to introduce “better risk
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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 security and privacy measures. The industry is split between public blockchain platforms
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Bitcoin is struggling to gain bullish momentum above $9,000 against the US Dollar. BTC must climb above $9,200 to set the stage for a rally towards $10,000 in the near term.Bitcoin is trading in a broad range below the key $9,200 resistance zone.The price is consolidating above $8,800 and the
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Born within a financial meltdown and crisis, Bitcoin (BTC) has found itself again in the role of a proto-savior for the current failings of fiat and national currencies. Those failings namely being that national fiat currencies continue to be printed at a whim when political leaders are caught in a
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Etana Custody, a custody firm that provides fiat funding services to the major cryptocurrency exchange Kraken, was reportedly breached on April 18.Despite an unauthorized party infiltrating Etana’s system, a spokesperson from the company indicated to reporters that no client funds were impacted.A widely quoted memo from Etana Custody states that
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Monday’s historic financial tumult reached beyond stocks, sinking commodities and even bitcoin markets.“I don’t think any asset is safe right now – except cash, U.S. dollars,” said Ali Khedery, formerly Exxon’s senior Middle East advisor and now CEO of U.S.-based strategy firm Dragoman Ventures.While bitcoin prices dropped nearly 10 percent
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The VIX volatility index, the stock market's main risk indicator, skyrocketed to 55 on March 9. This is the highest level since 2009. Meanwhile, Saudi Arabia’s talks with OPEC member Russia soured, triggering a price cut competition. This led Brent Crude, the international oil benchmark to trade at $36.20,
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Gold is once again rallying on safe-haven demand, with the yellow metal gaining 2.5% Sunday evening. Bullion flash-crashed by $78 on Friday, its worst single-day drop in seven years. Latest PMI data out of China suggest coronavirus is wreaking havoc on the world’s second-largest economy. Amid the global economic
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Bitcoin (BTC) has spent much of the last week in freefall, sinking to a low of $8,520, just as the Coronavirus outbreak prompts widespread panic in the financial world due to its potentially cataclysmic impact on the global economy. This negative correlation between a global crisis and the value of
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Bitcoin (BTC) naysayer Peter Schiff has taken the opportunity to pour scorn on cryptocurrency investors after fresh price losses this week.In a series of tweets beginning Feb. 25, Schiff, well known as a gold proponent, claimed Bitcoin’s volatility made it inferior to the precious metal.Schiff: Bitcoin as a safe
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