Recently, bitcoin price broke the USD 9,000 resistance, but there was a sharp rejection above USD 9,000. As a result, BTC/USD started a major decline and traded below the USD 8,550 and USD 8,450 support levels. The price traded close to the USD 8,000 handle and it is currently (08:10 UTC) correcting higher. Similarly, there […]
After tagging the USD 8,350 level, bitcoin price started a downside correction. BTC/USD broke the key USD 7,680 support level and declined heavily. The price is down around 10% and it recently tested the USD 7,000 support area. Similarly, there were sharp downsides in most altcoins such as ethereum, ripple, bitcoin cash, stellar, litecoin, BNB […]
Source: Adobe/Negro Elkha Decentralized finance (DeFi) protocol yearn.finance‘s YFI dropped more than USD 4,000 after one of its DAI lending pools was drained of USD 11m in an exploit. (Updated at 15:48 UTC with Yearn’s vulerability disclosure, Paolo Ardoino’s tweet, the lates price data.) Yearn’s YFI governance token saw an abrupt USD 4,190 drop last […]
Source: Adobe/Mix and Match Studio Coronavirus pandemic-mitigating lockdowns and government-imposed limits on social contact are helping to spur the spectacular growth of blockchain-powered entertainment apps in South Korea – with token-driven karaoke, movie platforms and more. According to Fn News, the blockchain-based app Somesing has surpassed 400,000 users – more than doubling its user base […]
Source: Adobe/Kalyakan A Chinese pilot zone specializing in free trade and blockchain technology claims to be enjoying blockchain-powered cross-border trade success – while the central government is now getting serious about blockchain-powered cross-border trade, and will draw up a list of “key blockchain enterprises.” The Quingdao section of the Shandong Pilot Free Trade Zone says […]