Digital Currency

  • Distributed password authentication systems may be the dark horse of the out-of-the-loop circuit in the future DPAS first in the world is about to see a new wave

    On April 25, core members of the DPA community stated in the community that the distributed password authentication track, as a future hotspot, can only bring a new wave of boom if there is innovation at the application level. DPA (Distributed Password Authentication) is the world’s first decentralized distributed cryptographic identity authentication system in line with digital financial standards and distributed blockchain, with reference to the architecture standard decentralized public blockchain ecosystem, fully considering the technical characteristics of identity authentication and network ecological construction needs, in user credit identity management,…

    29/04/2021
  • KHC — a new generation of high performance private financial public chain has officially launched

    With the appearance of blockchain technology, services in the financial industry have made great progress. The blockchain brings extra vim to the cryptocurrency industry, and the emergence of DeFi on the blockchain has empowered more projects in the industry.   From 2019 to 2020, the DeFi market has developed rapidly from nothing. Only one year later, the total lock-up volume of DeFi in 2020-2021 has approached $100 billion, rising more than 240 times.   The popularity and drawbacks of DeFi   DeFi is so popular which has become one of the hottest topics in the crypto…

    Business 28/04/2021
  • Tribute to IPFS What is the origin of the capital-hungry MVS Mining World Space?

    Along with the rapid development of cloud computing, big data, Internet of Things, artificial intelligence and other information technology and the transformation of traditional industry digitalization, the volume of data shows geometric growth, the global data volume will grow from 16.1ZB in 2016 to 163ZB (about 180 trillion GB) in 2025, 5G online after the massive data explosion, to 2 trillion data storage market in 2018, for example. IBM predicts a 44-fold increase in the volume of stored data in 2022, which is 88 trillion market size.   IPFS (Inter…

    27/04/2021
  • How Coinbase’s Wild Earnings Stack Up Against Normie Financial Firms

    Based on earnings estimates announced Tuesday, nothing else in the financial services industry really compares to Coinbase right now. Wedded to the rising fortunes of cryptocurrencies themselves, soon-to-list Coinbase expects to make more money in the first quarter of this year than in all of 2020, and has seen an exponential rise in engaged customers. Coinbase’s revenue for the first three months of 2021 is expected to be $1.8 billion with earnings of about $800 million, compared with $1.3 billion in revenue and earnings of $322 million for all of 2020. Crypto is…

    07/04/2021
  • Market Wrap: Bitcoin Drops to Near $56K as Spot Trading Volume Remains Low

    Bitcoin trading on CoinbaseSource: TradingView Bitcoin (BTC) trading around $56,140.49 as of 20:00 UTC (4 p.m. ET). Slipping 3.72% over the previous 24 hours. Bitcoin’s 24-hour range: $55,541.91-$58,645.77 (CoinDesk 20) BTC trades below its 10-hour and 50-hour averages on the hourly chart, a bearish signal for market technicians. Bitcoin slid for a second day as the No. 1 cryptocurrency saw flat trading volume, typical of a rangebound market. Bitcoin’s spot trading volume on eight U.S.-focused crypto exchanges tracked by CoinDesk was largely unchanged on Wednesday. The trading volume has been around or…

    07/04/2021
  • Mysterious Filings Suggest Impostor Is Using Grayscale’s Name to Pump Obscure Coins

    Someone appears to have gone to odd lengths to impersonate digital asset manager Grayscale Investments, possibly in an effort to drive up the prices of two lesser-known cryptocurrencies. To be clear: Grayscale said it has no intention of creating a financial instrument around Nahmii, an Ethereum scaling project, or Theta, a video platform. Nevertheless, there is a pair of registered trusts, one for each obscure coin, in the state of Delaware (the trust for Nahmii misspells the coin’s name with one “i”). Each of these trusts bears Grayscale’s name, and…

    07/04/2021
  • $1B Fei Stablecoin’s Rocky Start Is a Wake-Up Call for DeFi Investors

    The $1 billion Fei Protocol stablecoin project has gotten off to a very rocky start. The most important data point is this: Fei was built to maintain a 1:1 peg with the U.S. dollar but it has not quite hit the mark over this first week of its existence. Backed by major VCs, Fei aimed to create a stablecoin protocol that would outright buy assets with its token, rather than holding them as collateral for loans. It appears the team underestimated the demand it would see to participate in the launch. It…

    07/04/2021
  • Panda Miner desenvolve ainda mais o Cloud Hashpower com a sua Maior Mina de Criptocracia no Cazaquistão Oficialmente Colocada em Operação

    O mercado de touro de moeda criptográfica trazido pela Bitcoin é ainda forte, que está cheio de fundos, investidores, e vários projectos. No entanto, existe apenas uma escassez de pessoas que trabalham arduamente para o desenvolvimento. A Panda Miner é exactamente um dos poucos intervenientes pragmáticos no mercado de touros. Ao contrário dos impetuosos participantes no mercado secundário, a Panda Miner opta por se desenvolver mais no campo do “cloud hashpower” em que é melhor. Aproveitando a tendência mineira, aumenta continuamente o investimento para conquistar o mercado, expandir os negócios,…

    05/04/2021
  • Security Token Startup Founder Arrested on Sexual Assault Charges, Toronto Police Say

    The founder of a security token startup has been arrested on charges of sexually assaulting a minor, Canadian authorities said. Trevor Koverko, former CEO of Polymath, was taken into custody on March 14 by Toronto police, a spokesperson for the department, Caroline de Kloet, told CoinDesk Wednesday. He has apparently deleted his Twitter. Koverko has been charged with “sexual interference with a person under 16 years of age” (Section 151 of Canada’s Criminal Code) and “sexual assault” (C.C. 271), said de Kloet. Chris Housser, Polymath’s other founder and interim CEO, said Koverko resigned from…

    31/03/2021
  • Rep. Gaetz of Blockchain Caucus Faces Investigation for Sexual Misconduct: Report

    U.S. lawmaker Matt Gaetz (R-Fla.), a member of the Congressional Blockchain Caucus who has put his name to a handful of pro-blockchain bills and letters, is under investigation by the Department of Justice, which is looking into whether he had a sexual relationship with a minor, the New York Times reported Tuesday. According to the report, which cited “three people briefed on the matter,” Gaetz is also being investigated over whether or not he violated federal sex trafficking laws. He allegedly may have paid for a 17-year-old to travel with him. The investigation is part…

    30/03/2021