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‘Properties like Ethereum, Algorand are gonna go up’ because…

Source Node: https://ambcrypto.com/properties-like-ethereum-algorand-are-gonna-go-up-because/
Time Stamp: November 14, 2021 9:30 PM - Modified On: November 14, 2021 - Published By:
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Republished By Plato

The market **is** choosing — Bitcoin and other cryptocurrencies — over paper money, with which governments are conducting a very dangerous experiment. Although, here’s another common scenario. Buying Bitcoin is better than putting their money into traditional assets like stocks, bonds and gold. This renowned hedge fund manager recently discussed the same in a CNBC interview – although incorporated a different scenario to this discussion. Anthony Scaramucci, a former White House Communications Director expects Bitcoin (BTC), Ethereum (ETH) and Algorand (ALGO) to serve gold’s role as the superior inflationary hedge.

Defi Hack: “stupid kid” nick name goes viral as BXH hack mystery unfolds

Source Node: https://coingape.com/93087-2/
Time Stamp: November 2, 2021 6:01 AM - Modified On: November 2, 2021 - Published By:
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The latest update in the $130 million Defi hack of the BXH protocol unveiled that the exploit took place due to a modification in the network’s administrative privileges, which led the attackers to use this privilege to transfer project assets. According to the Chinese Journalist, Colin Wu, BXH protocol irresponsibly consigned the authority of fund management to the attackers which further led to the most convenient hack in recent history. This has triggered the nickname “stupid kid” in the Chinese community for the protocol since BXH has the same initials

Secreteum: A decentralized encrypted messaging app

Source Node: https://ambcrypto.com/secreteum-a-decentralized-encrypted-messaging-app/
Time Stamp: October 6, 2021 5:00 AM - Modified On: October 6, 2021 - Published By:
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Republished By Plato

Messaging apps are ubiquitous – more than 3.6 billion people worldwide use them, with the average person sending up to 72 messages every 24 hours. Every day WhatsApp alone channels over 100 billion messages, while WeChat transmits 205 million video messages. With this popularity has come a darker side: that of hacked personal data, cybertheft, and government violations of privacy. The way messaging apps are designed, work, and are managed exposes them by default to many risks: Most messaging apps require the user to input sensitive personal data, including name,

White hat hacker paid DeFi’s largest reported bounty fee

Source Node: https://cointelegraph.com/news/white-hat-hacker-paid-defi-s-largest-reported-bounty-fee
Time Stamp: September 30, 2021 8:55 AM - Modified On: September 30, 2021 - Published By:
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Belt Finance, an automated market maker (AMM) protocol operating a yield optimization strategy on Binance Smart Chain (BSC), claims to have paid the largest bounty in the history of decentralized finance (DeFi) to a whitehat hacker who averted a $10 million bug crisis. Industry whitehat programmer Alexander Schlindwein discovered the vulnerability in Belt Finance’s protocol this week and reported the news to the team. For his efforts, Schlindwein received a generous compensation of $1.05 million, the majority of which ($1 million) was granted by Immunefi, with the additional $50,000 offered by

Crypto Job Hiring Sees Huge Demand as Industry Grows

Source Node: https://beincrypto.com/crypto-job-hiring-sees-huge-demand-as-industry-grows/
Time Stamp: September 30, 2021 8:50 AM - Modified On: September 30, 2021 - Published By:
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The number of jobs related to cryptocurrencies and blockchain technology have skyrocketed, according to data from several job listing websites.Sponsored Sponsored While crypto searches more than doubled on Indeed.com in the past year, US job postings with “cryptocurrency” and “blockchain” as keywords were up over 600% on LinkedIn. Additionally, growth in paid listing at CryptocurrencyJobs.co increased nearly 1,500% since last year. “Everyone is hiring right now” Daniel Adler, founder of CryptocurrencyJobs.co, provided some insight into the growth that’s occurred. He noted that some teams who were looking to double at

The correlation between Bitcoin and S&P 500 has these implications

Source Node: https://ambcrypto.com/the-correlation-between-bitcoin-and-the-sp-500-has-these-implications/
Time Stamp: September 15, 2021 10:30 PM - Modified On: September 15, 2021 - Published By:
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The on-going corrections being witnessed in the U.S. stock market has managed to fuel in fear amongst people from the crypto space too. Even though they represent completely different spectrums of the financial landscape, both the markets have historically, maintained an on-and-off relationship. Source: TradingView Altering dynamics Interestingly, both markets have witnessed major bull and bear phases in synchronization. Earlier in March this year it was proved that the crypto space is not immune from big crashes witnessed in the traditional financial world. Right after that in April, it was

Altseason or not, here’s what separates and makes Bitcoin ‘better than the rest’

Source Node: https://ambcrypto.com/altseason-or-not-heres-what-separates-and-makes-bitcoin-better-than-the-rest/
Time Stamp: September 7, 2021 8:30 PM - Modified On: September 7, 2021 - Published By:
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Republished By Plato

Bitcoin remains unbeatable as far as adoption is concerned. However, over the years, many competing blockchains have surpassed Bitcoin on the fronts of network functionalities and scalability. This has even lead to many youngsters terming it as the “boomer coin” since it is now invested in more by institutions, big-ticket players, and seasoned investors. On the other hand, altcoins, although speculative and risky, have the potential to offer greater returns with their exponential surges. Ergo, it’s no surprise that these are being preferred by many young risk-takers. That is not

Litecoin: Is it time for the market’s buyers to take a breather yet

Source Node: https://ambcrypto.com/litecoin-is-it-time-for-the-markets-buyers-to-take-a-breather-yet/
Time Stamp: September 2, 2021 9:30 AM - Modified On: September 2, 2021 - Published By:
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Republished By Plato

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Like most of its counterparts, Litecoin noted an increase in value on the back of Bitcoin’s push above $50k. The alt, which historically shares a strong correlation with the king coin, lined up seven straight green candles on the 4-hour timeframe. This was last seen in late May after Litecoin rallied from a near 4-month low. However, a resistance zone seemed to have the potential to trigger the next

Bitcoin Depot Among Inc. Magazine’s 5000 Fastest Growing Companies

Source Node: https://beincrypto.com/bitcoin-depot-inc-magazines-fastest-growing-companies/
Time Stamp: September 2, 2021 6:30 AM - Modified On: September 2, 2021 - Published By:
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For the second year in a row, Bitcoin Depot appeared in Inc. Magazine’s list of 5000 fastest-growing private companies.Sponsored Sponsored The world’s largest and fastest-growing crypto ATM network, ranked No. 357 on the list, after its spot at No. 1,103 last year. President and CEO of Bitcoin Depot Brandon Mintz highlighted that the recognition coincided with the five-year anniversary of the company.  “Given last year’s unexpected circumstances and the pandemic environment, we were fortunate that we were able to continue building our brand while serving the underbanked community on a

Ethereum Issuance Drops Below Bitcoin’s For the First Time, Why This May Lead to a New Rally

Source Node: https://www.newsbtc.com/news/ethereum/ethereum-issue-drops-below-bitcoin/
Time Stamp: August 28, 2021 2:00 PM - Modified On: August 28, 2021 - Published By:
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Ethereum has been on a rally for the past week, moving from a two-month low at $1,700 to its current level at $3,223. Several factors have pushed the crypto market into a new rally, but most seem to gravitate around ETH and its ecosystem. ETH moves sideways into the weekend on the 24-hour chart. Source: ETHUSD Tradingview After the implementation of EIP-1559, Ethereum’s native token became a deflationary asset due to the change in its fee mechanism. To validate transactions on the network a portion of ETH is “burn”, meaning