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Bitcoin's Popularity Sees Surge in Marijuana and Video Game Transactions During Coronavirus Lockdown

The coronavirus-induced lockdown has influenced an increased use case of Bitcoin. Sales of video games and cannabis using Bitcoin have seen a significant rise during the lockdown. The pandemic has revealed consumers’ priorities, as online sales of general digital products saw a decline, while video gamers and marijuana users have increasingly turned to Bitcoin during … Continue reading Bitcoin's Popularity Sees Surge in Marijuana and Video Game Transactions During Coronavirus Lockdown

Crypto Powerhouse Binance Returns to China with an "Education-First" Blockchain Approach

Cryptocurrency exchange Binance, famously exiled by China in early-2018 and later set up in Malta, is moving back to the country, choosing a blockchain-centric strategy over crypto. Inroads in China Industry observer and crypto-investor Dovey Wan noted in a tweet earlier this week that Binance seemed to have registered China-specific domains. A look at public … Continue reading Crypto Powerhouse Binance Returns to China with an "Education-First" Blockchain Approach

Indian Tech Giant Infosys and Matic Network to Reinvigorate Dapp User Experience

Partnerships in the blockchain ecosystem are becoming commonplace in a bid to build tech synergy. Blockchain-powered fintechs are striving for more rapid adoption of the decade-old technology based on new product offerings and enhanced user experiences. In a recent move to deepen these novel tech ties, Indian tech giant – Infosys has joined Matic as … Continue reading Indian Tech Giant Infosys and Matic Network to Reinvigorate Dapp User Experience

UNICEF Cryptocurrency Fund Invests in Tech Startups Fighting COVID-19 in Emerging Economies

Eight technology companies in developing and emerging economies will receive investment from the UNICEF Cryptocurrency Fund (CryptoFund) to solve local and global challenges. In an email shared with Blockchain.News, UNICEF announced that its CryptoFund will invest 125 ETH into eight tech startups from seven different developing nations. The companies—Afinidata, Avyantra, Cireha, Ideasis, OS City, StaTwig, Somleng and Utopic—will be awarded the … Continue reading UNICEF Cryptocurrency Fund Invests in Tech Startups Fighting COVID-19 in Emerging Economies

Twitter Hack Goes Viral as Bill Gates, Elon Musk, and Biden Hit by Massive Bitcoin Scam

Twitter has gone haywire as news of a Bitcoin scam hack targeting multiple high-profile figures such as Bill Gates, Elon Musk, Joe Biden, Jeff Bezos, and even multinational tech company Apple has broken out. The scammers that hijacked multitudes of verified Twitter accounts belonging to celebrities and key influential figures issued the same message across all platforms: … Continue reading Twitter Hack Goes Viral as Bill Gates, Elon Musk, and Biden Hit by Massive Bitcoin Scam

Coinbase, Gemini, Binance & Kraken Address Twitter Hack: "Repercussions for Bitcoin Could’ve Been Worse"

Twitter has never in its history experienced as big of a security breach and crypto hack scam as the one that happened earlier this week. The Largest Twitter Security Breach in History Numerous high-profile accounts ranging from political figure Joe Biden to multi-billionaire Bill Gates were compromised. Coin exchanges, such as Gemini, Coinbase, Bitfinex and more were also targeted. Last but not least, hackers … Continue reading Coinbase, Gemini, Binance & Kraken Address Twitter Hack: "Repercussions for Bitcoin Could’ve Been Worse"

Ethereum Calls On Hackers to Attack Ethereum 2.0 in Exchange for Bug Bounty

With Ethereum’s plans to launch its 2.0 protocol network, the open-source platform has also decided to tweak its blockchain project to perfection by calling all hackers and challenging them to break into two Ethereum 2.0 attack networks. Ethereum Creates the “Hacking Challenge” What an attack network basically entails is a virtual attempt to break into an organization’s network, without the necessary authentication access passwords and locks required. Usually, the objective of an … Continue reading Ethereum Calls On Hackers to Attack Ethereum 2.0 in Exchange for Bug Bounty

Ethereum Launches Final Testnet Before Officially Releasing ETH 2.0 Mainnet

The software developing team for Ethereum 2.0 has finally announced that they will be launching ETH 2.0’s testnet on August 4. Final Testnet Before Official Mainnet Launch The multi-client testnet is an alternative blockchain designated for the purposes of testing out the validity of the network. Ethereum (ETH) has dubbed it “Medalla,” which is Spanish for “medal.” This is named in honor and reverence to Ethereum 1.0 testnet, which was considered an “Olympic … Continue reading Ethereum Launches Final Testnet Before Officially Releasing ETH 2.0 Mainnet

Teenage Twitter Hacker Could Use Bitcoin to Post $725,000 Bail

The mastermind behind Twitter’s recent massive hack attack has finally been arrested after a nationwide investigation by the FBI, and bail for him has been set at $725,000. The 17-year-old teenager is alleged to have more than 300 Bitcoin (BTC) in his possession, that could potentially be used to make bail. This translates to $3 million. Twitter Hacker Not A First-Time Offender As the … Continue reading Teenage Twitter Hacker Could Use Bitcoin to Post $725,000 Bail

Solid Bull Run: Why Ethereum Is Up 50% in 10 Days

Ethereum faced a flash crash on August 1, where it plummeted by approximately $90 from $415 in 5 minutes. ‘Everything is Happening on Ethereum’ Eventually, it climbed back to $385 after 10 minutes, but the fluctuation in price value led to a mass liquidation of futures contracts. What this translates to on the crypto market is that despite undergoing such a huge … Continue reading Solid Bull Run: Why Ethereum Is Up 50% in 10 Days