Understanding Defi Flash Loans: Complex Attacks, Inflation and Composable Systems

Two recent flash loans on the defi platform Bzx have started a fierce debate about the subject of using uncollateralized loans in a quick trade. Essentially these flash loans are providing people with the ability to borrow crypto without relinquishing any collateral. The scheme was used to exploit funds from the Bzx platform twice, as an individual or group gathered around $954,000 in a matter of four days from well-executed flash loans. Also Read: Get Ready for the Bitcoin Halving – Here Are 9 Countdown Clocks You Can Monitor Flash…

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Brave Challenges Google’s Advertising Power Before the UK Competition Watchdog

The company behind the privacy-oriented browser Brave has set out to convince regulators in the U.K. to end Google’s advertising monopoly in the digital space. In a filing with the country’s Competition and Markets Authority (CMA), Brave puts forward recommendations on how to “neutralize” the tech giant’s “unfair data advantage.” Also read: Google Executive From India Joins Coinbase as Chief Product Officer Failure to Enforce Data Protection Rules Enables Google’s Monopoly, Brave Warns In a submission filed with the CMA last week, Brave highlights what it views as gaps in…

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Get Ready for the Bitcoin Halving – Here Are 9 Countdown Clocks You Can Monitor

The anticipation for the block reward halving for BTC, BCH, and BSV has been building. All three cryptocurrencies will see rewards halved from 12.5 to 6.25 coins throughout the months of April and May. The following is a comprehensive list of websites that are counting down each crypto’s reward halving in different ways, so people can monitor the data and prepare for halving parties. Also Read: How to Check the Bitcoin Price, Hashrate, Data – The 21 Best Monitoring Sites Clocks and Data Sites So You Can Monitor the 2020…

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Chinese Government-Backed Institute Releases New Ranking of 37 Crypto Projects

China’s Center for Information and Industry Development has published its latest crypto project ranking — the first this year. A total of 37 crypto projects, two more than in the previous ranking, were evaluated and ranked overall this month as well as in three separate categories. Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett Got His First Bitcoin The 16th Ranking, First This Year The Center for Information and Industry Development (CCID), under China’s Ministry of Industry and Information Technology, released its first crypto project ranking for the year…

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Major HSBC Layoffs: 35,000 Job Cuts and Massive Restructuring Announced

Banking giant HSBC has unveiled a major restructuring plan that includes 35,000 job cuts. The move came as the bank’s net profit plunged 53% last year. HSBC is also slashing $100 billion in assets and closing many branches. “This represents one of the deepest restructuring and simplification programs in the bank’s history,” explained interim CEO Noel Quinn. Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett Got His First Bitcoin Major Layoffs and Restructuring at Hand One of the world’s largest banks, HSBC announced this week that it will be…

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BCH Funding Debate: Amaury Séchet Responds to IFP Questions, Noting Contention in the West

On February 20, Bitcoin Cash engineers held the second 2020 BCH developers’ meeting and the first since the Infrastructure Funding Plan (IFP) was added to the Bitcoin ABC version 0.21.0 client. Seven developers discussed new features that are coming after the May upgrade, but a majority of the conversation focused on the ongoing IFP discussion. Also Read: BCH Funding Debate: Developers Plan to Launch IFP-Free Version of Bitcoin ABC Second Bitcoin Cash Dev Meeting Convenes: Upgrade Features and the Infrastructure Funding Plan During the last few weeks, BCH supporters have…

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How to Check the Bitcoin Price, Hashrate, Data – The 21 Best Monitoring Sites

As bitcoin grows in popularity and recognition worldwide, resources dedicated to providing in-depth and diverse stats on all things crypto have exploded onto the scene and continue to proliferate rapidly. This post lays out 17 of the best sites, and divides them into basic categories such as checking price, viewing network visualizations, and more. Also Read: How to Mine Bitcoin in 2020 Digging Into Bitcoin Data The proliferation of data available to those looking to geek out on all things bitcoin, or simply check the prices with their morning coffee,…

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How to Find Your Nearest Bitcoin ATM

Cryptocurrency markets have experienced a few intensive weeks since the start of the year that took prices to 2020 highs in mid-February. The overall bullish sentiment is attracting more interest towards the crypto space. There are many ways to get started with Bitcoin but one the most accessible options is to find an ATM supporting coin purchases with local fiat. Also read: Bitcoin.com Partners With Mecon Cash, Enabling Withdrawal at ATMs Across South Korea Using a Crypto ATM Is an Easy Way to Get Into Bitcoin Bitcoin teller machines (BATMs)…

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Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners

During the first week of February, a few of the top mining rig manufacturers from China revealed they were forced to postpone device shipments due to the ongoing coronavirus outbreak. Regional reports from the country now disclose that shipments will be delayed even longer and Chinese mining rig companies and second-market suppliers are feeling significant stress from the situation. Also read: Hong Kong Crypto Exchange Bitspark Shuts Down Amid Coronavirus Outbreak and Protests Coronavirus Continues to Delay Mining Rig Shipments The coronavirus outbreak has been a trending topic worldwide, as…

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Bitcoin Cash House Ghana Finds Liquidity Provider, Seeks to Partner With Mobile Money Services

Bitcoin Cash House Ghana has announced they’ve found a liquidity provider for converting between BCH and Ghanaian cedi, and are now preparing to furnish their building and move in, preparing for official launch on March 1. A new read.cash post from organizer Kousha detailed the status of the project and also initiated a small fundraiser for internet setup which has already surpassed its goal as of Tuesday. BCH House Ghana was inspired by the already operational BCH House Venezuela. Also Read: Grassroots Bitcoin Cash House Movement Expands to Ghana Cash…

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