Bitcoin’s 10% Drop Shrugged Off – Traders Expect More Big Dips On the Way Up
Bitcoin investors are shrugging off the recent drop in value that saw a loss of over 10.9% on Sunday. A number of speculators believe the price is still very bullish but expect some more big dips along the way. Meanwhile, optimism has been cushioned as onchain statistics show that exchange withdrawals also surpassed deposits on Sunday. This past Sunday, bitcoin (BTC) took a price hit and the entire crypto market followed it’s...
Total Value Locked in Defi Surpasses $4 Billion, ETH Up Over 70% Last 30-Days
Statistics show that the decentralized finance (defi) economy has grown massively this year as the total value locked (TVL) in defi recently surpassed $4 billion. Between dex platforms, derivatives, stablecoins, lending, and non-fungible asset creation the second quarter of 2020 has propelled the Ethereum network to new heights. Decentralized finance (defi) is a term used often these days as it describes a disintermediation trend in...
Indians Five Times More Likely to Suffer Crypto-Related Hacks: Report
People in India are five times more likely to suffer a cryptocurrency mining hack because of poor consumer awareness, according to a new security report by Microsoft. In its findings published July 29, Microsoft notes that although the number of similar attacks declined by 35% in 2019 from a year earlier, Indians, together with Sri Lankans, remained at greater risk compared to other nationalities within the Asia Pacific region and...
Hollywood Targets ‘Iran’s YouTube’ and Israeli Newspaper in Pirate Site Blocking Push
Pirate site blockades are the preferred anti-piracy tool for many copyright holders around the world. This is also the case in Australia, where blocking injunctions were made possible five years ago following amendments to copyright law. Over the past years, many of the world’s largest torrent and streaming sites have already been blocked, but new threats continue to surface. This requires rightsholders to stay alert and file...
Police Arrest Youth For Uploading Pirated TV Shows to YouTube
With millions of uploads every month, YouTube is fueled by the broadest range of content imaginable, most of it uploaded by its army of users. Most uploads pass trouble-free but despite the warnings posted on the site itself and thousands of news reports advising that uploading copyrighted content can have consequences, the platform remains awash with infringing material. In the overwhelming number of cases, infringements are dealt...
