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“# Bitcoin market cap hits new all-time high and surpasses JPMorgan at $352M ” Amid an ongoing parabolic bull run, Bitcoin (BTC) is breaking another major milestone in terms of its market capitalization against American banking giant JPMorgan. On Nov. 24, Bitcoin surpassed the $19,000 price mark for the first time since December 2017, breaking…
“# Japanese financial giant SBI debuts Bitcoin lending service ” Japanese financial giant SBI Group is introducing a cryptocurrency lending service through its crypto-related subsidiary, SBI VC Trade. According to an official announcement on Nov. 24, the new crypto lending platform will allow users to lend their crypto to SBI and earn interest at a…
“# ETH 2.0 confirmed for Dec. 1 launch just hours before deadline ” ETH 2.0’s beacon chain genesis has been confirmed for Dec. 1, following the transfer of 524,288 Ether from 16,384 validators into the ETH 2.0 deposit contract since it went live on Nov. 4. Despite early concerns stemming from low staking participation, transfers…
“# ETH 2.0 set to launch Dec. 1 after late surge in deposits ” ETH 2.0’s Phase 0 launch looks all but certain for Dec. 1, with the number of Ether transferred to the ETH 2.0 deposit contract snowballing as today’s deadline approaches. As of this writing, nearly 499,000 of the 524,288 Ether required to…
“# Ethereum-based market platform unveils a new DAO ” Gnosis, an Ethereum-based platform that facilitates betting on events and other metrics, revealed plans for its own Decentralized Autonomous Organization, or DAO, called GnosisDAO. “This will have the effect of progressively decentralizing Gnosis as a project using a native governance framework powered by their token economy,…
“# Suzhou to launch digital yuan ‘red envelope’ trial for Double 12 event ” The Chinese city of Suzhou will be the second to roll out a “red envelope” trial for the forthcoming digital yuan, according to a report in local media outlet The Paper. Following the successful pilot scheme run in the city of…
“# Chinese banking giant withdraws $3B blockchain bond from listing ” China Construction Bank’s $3 billion blockchain bond has been reportedly withdrawn following an initial delay. Fusang Exchange, a Malaysian cryptocurrency exchange that was to be responsible for listing the bond, said that it has been withdrawn at the issuer’s request. According to Reuters on Nov….
“#Facial recognition software can now recognize bears: report” They’ll never get away with stealing picnic baskets again! Facial recognition software isn’t just for humans anymore — new technology can also recognize bears, CNN reported Sunday. Melanie Clapham, a postdoctoral fellow at the University of Victoria and bear biologist, teamed up with two Silicon Valley-based tech…
“# How has the COVID-19 pandemic affected the crypto space? Experts answer ” Who could have imagined a year ago how different our lives would be in just 12 months? Without any doubt, last November will remain a significant point in humanity’s history — the time when it all started. Although “patient zero” has not…
“# Cybercriminals attack GoDaddy-based cryptocurrency platforms ” Yesterday, security researcher KrebsOnSecurity reported that several cryptocurrency platforms hosted by popular hosting provider Godaddy have been attacked over the past week. According to KrebsOnSecurity, the attacks began on or around November 13th on cryptocurrency trading platform liquid.com. Liquid CEO Mike Kayamori said GoDaddy incorrectly transferred control of…