The ‘Coinbase Effect’ is not something new; it is a temporary surge in pricing for the listed coin. In the past, Coinbase has been accused of pumping and dumping the coin through the listing as the price of the token starts pumping hard before the announcement is made public. But for a very brief time, […]
Category: STO News
$100 Million ICO Founders Vanish, Plaintiffs Look To Serve Status Network Execs On Twitter
A class lawsuit against the founders of a fraudulent $100 million ICO, Status Network (SNT), is taking a twist as the plaintiffs ask court permission to serve the defendants over social media. The request by the SNT ICO investors follows multiple failed attempts to locate the founders and current global travel restrictions due to the […]
Ethereum Classic looks shaky after suffering another 51% attack
Ethereum Classic price has not dropped below $7.00 but could if bears overpower bulls following reports of another 51% attack The price of Ethereum Classic against the US dollar has remained above $7.10 — despite its blockchain suffering a potentially catastrophic attack. ETC/USD bulls have managed to fend off bears, but could still struggle to […]
Telegram CEO Blasts Trump’s Plans To Ban TikTok In The U.S. As ‘Killing The Internet’
Telegram CEO, Pavel Durov, calls out the U.S. government plans to ban TikTok – “it could kill the internet.” This follows the ban of Telegram’s $1.7 billion ICO after a long battle with the SEC. Could Durov be relinquishing control over the messaging app? Russian billionaire, Pavel Durov, released his official note on U.S. President […]
BAND jumps 48% this week as Coinbase adds support
Band Protocol has reached a new high after its price jumped nearly 47% within minutes Band Protocol has been trading at around $7.25 in the early session this morning, representing a surge of 36.7%. The token is also up against Bitcoin and Ethereum, at 31.68% and 34.11% respectively at the time of writing. The decentralized […]
Animoca and Atari level up partnership — blockchain gaming on the rise
Interest in blockchain gaming from players and investors is on the rise, which could move blockchain closer mass adoption in the gaming industry Blockchain gaming has seen increasing interest from investors in and out of the blockchain ecosystem, with companies like Algorand, Ubisoft, Animoca, AMD, Enjin and Atari creating the Blockchain Gaming Alliance, as well […]
Ledger Nano X Review – A Secure Hardware Wallet for Advanced HODLs
Ledger has an impeccable reputation when it comes to bitcoin hardware wallets. They have two products and the Ledger Nano X is the more advanced of the two which is perfect for the advanced cryptocurrency investor who is looking at protecting their digital assets. When it comes to quality, functionality and security this is comparable […]
Russia’s State Owned Bank, Sberbank, Mulls Over Issuing A Ruble Pegged Stablecoin
Russia’s largest state-owned bank Sberbank is mulling over the idea of issuing their stablecoin reported a local daily. Many believe the decision was prompted by the recent signing of a new cryptocurrency law by President Putin. The director of transaction business Sergey Popov confirmed the same and said that if everything goes as planned, the […]
Coca-Cola to Utilize Baseline Protocol For Supply Chain Tracking with Exposure to DeFi
Coke One North America (CONA) has partnered with Provide and Unibright to streamline the supply chain of the largest coca-cola bottlers in the region by integrating the Baseline protocol as a fundamental technology. This initiative will not only improve the communication between internal and external stakeholders in the bottling process but also expose them to […]
Trader Exploits Opyn ETH Put Options, Runs Off With $370k Collateral; Team Recovers Over $500k
Opyn, a decentralized finance platform, faced a hack in the early morning hours on Wednesday, 5 August 2020 PT, as hackers made away with about $370,000. The hackers exploited a bug in the code to double exercise the oETH (put options) and make away with part of the collateral on the platform. Opyn’s security and […]