Current Bitcoin Price

Monday, August 31, 2020

The Better World That Bitcoin Builds for the Future Is Totally Worth the Risk of Losing Money

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Submitted August 31, 2020 at 01:17PM by sylsau https://ift.tt/3lATCyg https://ift.tt/2Z7cX2s

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How Are Cryptocurrencies Are Created And By Whom?

Unregulated virtual money such as Bitcoin is becoming more common. T How are Cryptocurrencies created and by whom? ada byar Jamil Anwar, ...

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Cryptocurrency unicorn Coinbase names Marc Andreessen as board observer

Cryptocurrency giant Coinbase snagged renowned VC Marc Andreessen as a board observer and appointed DoorDash executive Gokul Rajaram to ...

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Argentines Turn to Bitcoin to Protect Funds During Crisis: Survey

... in their history, some Argentineans have managed to preserve their purchasing power by exchanging cash for Bitcoin and other cryptocurrencies.

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#BitcoinTV by RT America

Sean Avery: "barbaric nature" of hockey makes the game beautiful
Sean Avery joins Dennis Miller to talk Canadian culture, coronavirus, and hockey. He says you won't see anything getting in the way of players keeping the games going for their fans. Plus, the reason Avery says the barbaric nature of the game is what makes hockey so beautiful. #QuestionMore #RTAmerica #DennisMillerPlusOne Get exclusive content and watch full episodes now by downloading the Portable.TV app: https://ift.tt/2vdv7Bo Like us on Facebook https://ift.tt/X38HJ5 Follow us on Twitter http://twitter.com/RT_America


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Larry King compares Donald Trump to Richard Nixon
Legendary broadcaster and “PoliticKing” host Larry King joins Rick Sanchez to compare the current worrying uptick in political violence and civil unrest in US cities with the violence the US endured during the struggle for civil rights and racial integration in the American South. #QuestionMore #RTAmerica #TheNewsWithRickSanchez Get exclusive content and watch full episodes now by downloading the Portable.TV app: https://ift.tt/2vdv7Bo Like us on Facebook https://ift.tt/X38HJ5 Follow us on Twitter http://twitter.com/RT_America


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why I'm using coingecko over coinmarketcap.com.

Author's forenote: this comes from my place as a cryptocurrency holder and trader, not a moderator of this sub.

This post in some ways has been inspired by a couple of other threads here and I was wondering whether or not I should post this thread for the past few days.

I guess now it is relevant though. Why i prefer using coingecko over cmc:
1.ERC20 Contract addresses are listed on the coin's page.
2.Im not sure what their criteria for coin "rankings" are besides market cap, but as an example, coingecko lists polkadot as a top 10 coin by volume, but on cmc it's in the top 2000.
3.AFAIK I haven't seen any "paid shillings" like the recent band protocol educational shit on cmc.
4.I think it's nice to see how a coin has performed in the past 24 hours to 7 days without having to click on anything else on screen.

The only thing I dont like about coingecko: when you click on a coin, it shows the 24 hour graph by default.

last I checked cmc gets 30 million visitors a month while coingecko gets about 1 3rd of that.

As always, DYOR.



Submitted August 31, 2020 at 06:33PM by sgtslaughterTV https://ift.tt/2QFVMyf https://ift.tt/2Z7cX2s

Monthly Skeptics Discussion - September 2020

Welcome to the Monthly Skeptics Discussion thread. The goal of this thread is to promote critical discussion by challenging popular or conventional beliefs.

This thread is scheduled to be reposted on the 1st of every month. Due to the 2 post sticky limit, this thread will not be permanently stickied like the Daily Discussion thread. It will often be taken down to make room for important announcements or news.


Rules:

  • All sub rules apply here.
  • Discussion topics must be on topic, i.e. only related to skeptical or critical discussion about cryptocurrency. Markets or financial advice discussion, will most likely be removed and is better suited for the daily thread.
  • Promotional top-level comments will be removed. For example, giving the current composition of your portfolio or stating you sold X coin for Y coin(shilling), will promptly be removed.
  • Karma and age requirements are in full effect and may be increased if necessary.

Guidelines:

  • Share any uncertainties, shortcomings, concerns, etc you have about crypto related projects.
  • Refer topics such as price, gossip, events, etc to the Daily Discussion.
  • Please report top-level promotional comments and/or shilling.

Resources and Tools:

  • Read through the CryptoWikis Library for material to discuss and consider contributing to it if you're interested. r/CryptoWikis is the home subreddit for the CryptoWikis project. Its goal is to give an equal voice to supporting and opposing opinions on all crypto related projects. You can also try reading through the Critical Discussion search listing.
  • Consider changing your comment sorting around to find more critical discussion. Sorting by controversial might be a good choice.
  • Click the RES subscribe button below if you would like to be notified when comments are posted.


To see prior Daily Discussions, click here.


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Thank you in advance for your participation.



Submitted August 31, 2020 at 07:13PM by AutoModerator https://ift.tt/2QNc4oZ https://ift.tt/2Z7cX2s

Explaining Oracles - What Are Blockchain Oracles?

So-called blockchain oracles are essentially third-party services which provide smart contracts with outside, or external, information. This articles ...

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HIVE Blockchain Increases Next Generation Bitcoin Mining Power at Green Energy-Powered ...

Vancouver, British Columbia--(Newsfile Corp. - August 31, 2020) - HIVE Blockchain Technologies Ltd. (TSXV: HIVE) (OTCQX: HVBTF) (FSE: HBF) (the ...

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Unstaffed South Korean Stores to Use Blockchain ID Authentication

New unstaffed convenience stores in South Korea will make use of blockchain-powered ID solutions – after major domestic blockchain firm Coinplug ...

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I can't find my transaction on the blockchain!

Hi guys, as the title says, I have sent some ETH to myself (not the first time) and I couldn't find the transaction on the blockchain, any ideas on …

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Neo a part of Coinbase-led Blockchain Framework

Each blockchain is different, making it difficult and time-consuming for crypto project developers to integrate other blockchains. “The process requires ...

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HIVE Blockchain Increases Next Generation Bitcoin Mining Power at Green Energy-Powered ...

HIVE Blockchain Increases Next Generation Bitcoin Mining Power at Green Energy-Powered Operation in Quebec; Announces Updated Timing for ...

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Argentines Turn to Bitcoin to Protect Funds During Crisis: Survey

A Paxful survey revealed that Argentineans view Bitcoin as a good way to protect assets. That's translated to increased trading volume in 2020.

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Fiat Debasement Will Make Institutions Allocate to Bitcoin: Dan Tapiero

Veteran macro investor Dan Tapiero claims that dollar debasement fears will eventually drive institutions to Bitcoin given that they are already …

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Brexit in the US: Californian exit plan will use cryptocurrency to give everyone an income

CRYPTOCURRENCY is providing the financial backbone of a plan to separate California from the US and form a country of its own. By Edward ...

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Inglewood business woman is educating community about cryptocurrency

(KABC) -- You may have heard of cryptocurrency, a form of electronic ... our community about cryptocurrencies and blockchain technology," said Najah ...

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Boom or Bust? The Wild World of Crypto Lending

These are cryptocurrency platforms that let one person, a lender, deal directly with another, a borrower, without involving banks. DeFi has grown a lot ...

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CryptoGames Review: The Eden of online crypto casino

Users have the option to gamble using 10 different cryptocurrencies along with multiple altcoins that are automatically converted with the help of ...

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A Huge Power For DeFi That Can't Reach Its Bank?

This means that cryptocurrencies and especially the financial services DeFi can offer can help many people. Today, there are few types of people who ...

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5 altcoins that could explode next month

Cryptocurrency trader and strategist Michaël van de Poppe announced the top five cryptocurrencies he thinks could spark bullish rallies in September.

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The Better World That Bitcoin Builds for the Future Is Totally Worth the Risk of Losing Money

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Submitted August 31, 2020 at 01:17PM by sylsau https://ift.tt/3lATCyg https://ift.tt/2Z7cX2s

Sunday, August 30, 2020

Total Value Locked in Defi Jumped 85% in August, $8 Billion in Assets Held

Total Value Locked in Defi Jumped 85% in August, $8 Billion in Assets Held

A lot has changed during the last month, as the popular decentralized finance (defi) ecosystem has swelled considerably in value. Since the first week of August, the total value locked in defi jumped over 85% in 27 days from $4.2 billion to $7.88 billion on August 30.

The total value locked (TVL) in the decentralized finance (defi) economy is nearing $8 billion in value, as crypto funds have poured into the surrounding infrastructure. Statistics from the website defipulse.com show that the current TVL on Sunday, August 30, 2020, is $7.8 billion. The defi lending platform Aave makes up 21.86% of that value.

Aave just recently jumped to the number one position as far as dominance is concerned. When news.Bitcoin.com reported on the defi economy crossing $4 billion, Maker captured 31.9% of the dominance on August 3.

Total Value Locked in Defi Jumped 85% in August, $8 Billion in Assets Held

Another defi project that has been making waves is the Yearn Finance protocol and the native token YFI.

Yearn Finance essentially lets users leverage a variety of defi applications like Curve, Aave, and Compound in order to maximize yield or lending schemes. Basically, yield farmers strategically utilize a number of liquidity pools, as Yearn gives the best returns on all the liquidity within the ecosystem.

The project’s token YFI has amassed great value recently and on Saturday evening the token topped a high of $39,189 per coin. On Sunday, YFI is hovering just above the $30k mark as the price dipped to $27k a touch after midnight (ET).

Total Value Locked in Defi Jumped 85% in August, $8 Billion in Assets Held

Decentralized exchange (dex) platforms have seen massive trade volume during the last 30 days. Dex stats on Dune Analytics shows that there was $10.42 billion in global dex trade volume during the last month. $2.8 billion swapped on dex applications in the last seven days and $699 million in dex trade volume recorded today.

The last 30 day’s dex trade volume has increased by 142% and Uniswap is the most dominant decentralized exchange. The dex Uniswap captures 60% of the global dex trade volume which is followed by Curve (18.1%), and Balancer (8.9%) respectively.

Defi users over the last month have increased by 32% since August 1 from 293,475 users to 388,011 users recorded on August 29. Dune Analytics data considers each user as a unique address among the myriad of defi applications.

For instance, the count of unique addresses that traded in the last seven days on Uniswap was around 72,624 while Idex had around 4,007. Kyber (3,424), Curve (1,330), 0x (556), and Bancor (520) follow respectively with the trailing last seven days.

What do you think about the phenomenal growth defi has seen during the last 30 days? Let us know what you think in the comments below.

The post Total Value Locked in Defi Jumped 85% in August, $8 Billion in Assets Held appeared first on Bitcoin News.



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Conservative Republican Defeats Tyler Lindholm, Key Sponsor Of Blockchain Laws In Wyoming

... (R-Sundance). Lindholm was the Co-Chair of the Wyoming Blockchain Task Force in 2018 and 2019 and a sponsor or co-sponsor on several of the ...

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Invest in a New York minute – top Blockchain game expands to the Big Apple

Built on the EOS blockchain and powered by its own cryptocurrency, UPX, digital landlords can earn UPX for properties they own, and increase their ...

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Transcript: Reddit AMA with Neo Global Development and BSN

John: BSN has several permissionless blockchains in the founding group. The partnership entails offering global blockchain developers the following ...

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China to implement its digital currency at the Winter Olympics Games

... and its use cases, the Chinese authorities have been working full-time to develop their currency as an alternative to other cryptocurrencies.

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Cryptocurrency pays off at 24-1 for jockey Orlando Foster and trainer Leroy Tomlinson

KINGSTON, Jamaica – After losing in the glass just a week ago to his brother Tevin on Wartime, Orlando Foster stepped up on Cryptocurrency at ...

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A Radical New Crypto Just Blew Past The Bitcoin Price All-Time High—Up A Shocking 3500% In ...

Bitcoin remains the biggest cryptocurrency by total value with a market capitalization of over $200 ... [+] billion, however, individual yearn tokens are now ...

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Chainlink (LINK) Price Expected To Rise

Ranking first among DeFi cryptocurrencies, LINK saw its all-time high with $ 19.85 on August 16. The intense momentum that LINK is raising today is ...

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Top 5 Cryptocurrencies to Watch This Week: BTC, ATOM, LEND, XEM, YFI

Bitcoin is likely to consolidate for a few days but during this time select altcoins are likely to extend their up-move. Ripple Labs CEO Brad Garlinghouse ...

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Daily Discussion - August 31, 2020 (GMT+0)

Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.


Disclaimer:

Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.


Rules:

  • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
  • Discussion topics must be related to cryptocurrency.
  • Comments will be sorted by newest first.

To see prior Skeptics Discussions, click here.



Submitted August 30, 2020 at 07:14PM by AutoModerator https://ift.tt/3gJTFE8 https://ift.tt/2Z7cX2s

Hackers Launch Third 51% Attack on Ethereum Classic This Month

Hackers conduct a 51% attack to take over the blockchain. Blockchains are so-called decentralized ledgers because they distribute all the work of ...

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Is Bitcoin About to Explode?

Bitcoin is back in the news. The virtual currency has nearly tripled over the past six months, but could there be further gains in store? To understand ...

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Hackers Nab $16 Million In BTC Through Bitcoin Wallet Exploit

A long-time holder was unfortunately taken for their 1,400 BTC – over $16 million worth of Bitcoin – in a wallet exploit. But how were hackers able to ...

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A Radical New Crypto Just Blew Past The Bitcoin Price All-Time High—Up A Shocking 3500% In ...

Bitcoin remains the biggest cryptocurrency by total value with a market capitalization of over $200 ... [+] billion, however, individual yearn tokens are now ...

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YFI surges to $38K, BTC comeback predictions, Ryanair CEO's fury: Hodler's Digest, Aug. 24–30

Bitcoin's price showed weakness in recent days — but still managed to show resilience as bears failed to push it below $11,200. And now, a new ...

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Grayscale Purchases $ 690 Million Bitcoin

According to data from Grayscale, the famous investment firm has purchased at least $ 690 million worth of Bitcoin (BTC) since April. The table shared ...

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Strategies to Invest in Cryptocurrency

After hearing so much about cryptocurrency, I finally decided to step foot in the crypto space in 2019. I set up my digital wallet and made my first ...

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Is Bitcoin About to Explode?

Bitcoin is back in the news. The virtual currency has nearly tripled over the past six months, but could there be further gains in store? To understand ...

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Hackers Nab $16 Million In BTC Through Bitcoin Wallet Exploit

A long-time holder was unfortunately taken for their 1,400 BTC – over $16 million worth of Bitcoin – in a wallet exploit. But how were hackers able to ...

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A Radical New Crypto Just Blew Past The Bitcoin Price All-Time High—Up A Shocking 3500% In ...

Bitcoin remains the biggest cryptocurrency by total value with a market capitalization of over $200 ... [+] billion, however, individual yearn tokens are now ...

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YFI surges to $38K, BTC comeback predictions, Ryanair CEO's fury: Hodler's Digest, Aug. 24–30

Bitcoin's price showed weakness in recent days — but still managed to show resilience as bears failed to push it below $11,200. And now, a new ...

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Grayscale Purchases $ 690 Million Bitcoin

According to data from Grayscale, the famous investment firm has purchased at least $ 690 million worth of Bitcoin (BTC) since April. The table shared ...

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Strategies to Invest in Cryptocurrency

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Saturday, August 29, 2020

Federal agencies turning to blockchain for its benefits

Of course, officials at the US Food and Drug Administration did not find a better way than adopting blockchain technology. Henry Francis, associate ...

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Building the blockchain community is essential for further developments

The power of a strong community in scaling blockchain-based projects should not be understated. Cryptocurrency was built on the premise that a ...

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microsoft/aed-blockchain-learn-content

Learn Module Outlines. Learning Path: Ethereum blockchain development. Module: Learning solididty. Introduction; What is Solidity ...

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Daily Discussion - August 30, 2020 (GMT+0)

Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.


Disclaimer:

Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.


Rules:

  • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
  • Discussion topics must be related to cryptocurrency.
  • Comments will be sorted by newest first.

To see prior Skeptics Discussions, click here.



Submitted August 29, 2020 at 07:12PM by AutoModerator https://ift.tt/34Mnj9A https://ift.tt/2Z7cX2s

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GoLang Blockchain Developer at Roam • Bengaluru

The Roam Blockchain is a decentralized, programmable database designed to support fiatcurrencies that will have the ability to serve as an efficient ...

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3 Potentially Explosive Cryptocurrencies For September

Fundamentals come from news and developments to the technology and value provided by a cryptocurrency. With that in mind, here are several ...

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Cryptocurrencies

Cryptocurrencies · Currencies · Metals · Oil · Shares · Stock indexes. LTCUSD. 57.81. Quote. 1.71%. Changing (1m). 88.0%. Market Sentiment. 4.96%.

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#BitcoinTV by RT America

Public Monuments and Markers
On the show this week, Chris Hedges, in his second interview with Professor James W. Loewen, discusses public monuments and statues, who put them up and why, and what may replace them. Loewen's book is Lies Across America: What Our Historical Markers and Monuments Get Wrong. #QuestionMore #RTAmerica Get exclusive content and watch full episodes now by downloading the Portable.TV app: https://ift.tt/2vdv7Bo Like us on Facebook https://ift.tt/X38HJ5 Follow us on Twitter http://twitter.com/RT_America


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BitcoinTV by Altcoin Daily on YouTube

Warning to all NEW Cryptocurrency Investors in September 2020 | Best Cryptocurrency Investing Tips
What is the best advice for bitcoin and cryptocurrency trading? What is the best Cryptocurrency to buy right now? Today is an IMPORTANT video, as we give you the best cryptocurrency tips for 2020/2021! Let us know your tips in the comment section and hit Like, Share and Subscribe! Altcoin Daily, the best cryptocurrency news media online! How I Would Invest $1000 in Cryptocurrency in 2020 https://www.youtube.com/watch?v=5C7AHzCLN70 Follow us on Twitter: https://twitter.com/AltcoinDailyio Follow me [Austin] on Instagram here: https://ift.tt/2DkvCuu TimeStamps: 00:00 Intro 00:54 Tip 1 03:04 Tip 2 07:45 Tip 3 09:00 Tip 4 10:02 Final Thoughts *********************************************************************** 🏺Support The Channel!!🏺(We Get A Kickback From These Affiliate Links) Support us on Patreon here 👇 and be a part of exclusive content and voting power https://ift.tt/2XP9Rwa -- Buy Bitcoin w/ the Cash App! The easiest way to buy bitcoin in 2020 in the US! Try using my code and we'll each get $5. PPPNHGX https://ift.tt/3dDh8pj -- Buy Bitcoin on Coinbase and we both receive $10 in Bitcoin! https://ift.tt/2E7Mh4H -- Get a Nano Ledger S: Best Way to Keep your Cryptocurrency Safe! https://ift.tt/2SuGon2 -- Keep Your Bitcoin Private Keys Safe w/ CryptoTag: https://ift.tt/2Q43txz -- Fold App: Get 20,000 sats by using my referral code: “KzalHqIQ” https://ift.tt/2VbNwYM *********************************************************************** #Bitcoin #Cryptocurrency #Invest #Crypto #TheFed #News #Litecoin #Cardano #Ethereum #DigiByte #Litecoin #Invest #Binance #Elastos #PundiX #Tron #IOTA #Ripple #XRP #Starbucks #StellarLumens #Google #Vechain #cryptocurrency #news #btc #eth #litecoin #marketanalysis #entrepreneur #business #success #investment #finance #bitcoins #StockMarket #BestCryptocurrency ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, cryptocurrency, crypto, altcoin, altcoin daily, blockchain, news, best investment, top altcoins, ethereum, best altcoin buys, 2020, top altcoins 2020, bitcoin crash, xrp, cardano, chainlink, ripple, buy bitcoin, digibyte top altcoins, bitcoin price prediction, Cryptocurrencies, cryptocurrency news, cryptocurrency news media online, Is bitcoin a good investment in 2020, bitcoin news, daily cryptocurrency news, cryptocurrency tips, cryptocurrency investing, cryptocurrency news media online, bitcoin news, #cryptocurrency #cryptocurrencytips #cryptocurrencyinvesting #cryptocurrencynewsmediaonline


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How to Survive a Crisis

Understanding the movement 

https://youtu.be/3MCHQJu5z14 

#bitcoinmovement #bitcoin #mcgNetwork #blockchain #cryptocurrency #geogrefloyd #jacobblake #AnthonyHuber #JosephRosenbaum 

Can I choose a broker for my Bitcoin Era App accou...

... a long-term partnership with their users. We should also note that Bitcoin Era App has been designed with a user-friendly interface that is easy to.

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Bitcoin Investor Unveils Formula Of Becoming A Btc Whale

A popular BTC whale, one of the wealthiest known Bitcoin investors, unveiled an investment strategy that most crypto traders say they overlook.

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Bitcoin price holds key support level as focus shifts back to $12000

The price of Bitcoin has shown resilience after the bears failed to push the price down below $11,200, which means the overall uptrend is still intact.

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What is DeFi (Decentralized Finance)?

The world of cryptocurrencies is expanding at an unabating rate. ... that is of Decentralized Finance (DeFi) is very hot in the cryptocurrency space, and ...

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Daily Discussion - August 30, 2020 (GMT+0)

Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.


Disclaimer:

Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.


Rules:

  • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
  • Discussion topics must be related to cryptocurrency.
  • Comments will be sorted by newest first.

To see prior Skeptics Discussions, click here.



Submitted August 29, 2020 at 07:12PM by AutoModerator https://ift.tt/34Mnj9A https://ift.tt/2Z7cX2s

GoLang Blockchain Developer at Roam • Bengaluru

The Roam Blockchain is a decentralized, programmable database designed to support fiatcurrencies that will have the ability to serve as an efficient ...

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3 Potentially Explosive Cryptocurrencies For September

Fundamentals come from news and developments to the technology and value provided by a cryptocurrency. With that in mind, here are several ...

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Cryptocurrencies

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Public Monuments and Markers
On the show this week, Chris Hedges, in his second interview with Professor James W. Loewen, discusses public monuments and statues, who put them up and why, and what may replace them. Loewen's book is Lies Across America: What Our Historical Markers and Monuments Get Wrong. #QuestionMore #RTAmerica Get exclusive content and watch full episodes now by downloading the Portable.TV app: https://ift.tt/2vdv7Bo Like us on Facebook https://ift.tt/X38HJ5 Follow us on Twitter http://twitter.com/RT_America


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Warning to all NEW Cryptocurrency Investors in September 2020 | Best Cryptocurrency Investing Tips
What is the best advice for bitcoin and cryptocurrency trading? What is the best Cryptocurrency to buy right now? Today is an IMPORTANT video, as we give you the best cryptocurrency tips for 2020/2021! Let us know your tips in the comment section and hit Like, Share and Subscribe! Altcoin Daily, the best cryptocurrency news media online! How I Would Invest $1000 in Cryptocurrency in 2020 https://www.youtube.com/watch?v=5C7AHzCLN70 Follow us on Twitter: https://twitter.com/AltcoinDailyio Follow me [Austin] on Instagram here: https://ift.tt/2DkvCuu TimeStamps: 00:00 Intro 00:54 Tip 1 03:04 Tip 2 07:45 Tip 3 09:00 Tip 4 10:02 Final Thoughts *********************************************************************** 🏺Support The Channel!!🏺(We Get A Kickback From These Affiliate Links) Support us on Patreon here 👇 and be a part of exclusive content and voting power https://ift.tt/2XP9Rwa -- Buy Bitcoin w/ the Cash App! The easiest way to buy bitcoin in 2020 in the US! Try using my code and we'll each get $5. PPPNHGX https://ift.tt/3dDh8pj -- Buy Bitcoin on Coinbase and we both receive $10 in Bitcoin! https://ift.tt/2E7Mh4H -- Get a Nano Ledger S: Best Way to Keep your Cryptocurrency Safe! https://ift.tt/2SuGon2 -- Keep Your Bitcoin Private Keys Safe w/ CryptoTag: https://ift.tt/2Q43txz -- Fold App: Get 20,000 sats by using my referral code: “KzalHqIQ” https://ift.tt/2VbNwYM *********************************************************************** #Bitcoin #Cryptocurrency #Invest #Crypto #TheFed #News #Litecoin #Cardano #Ethereum #DigiByte #Litecoin #Invest #Binance #Elastos #PundiX #Tron #IOTA #Ripple #XRP #Starbucks #StellarLumens #Google #Vechain #cryptocurrency #news #btc #eth #litecoin #marketanalysis #entrepreneur #business #success #investment #finance #bitcoins #StockMarket #BestCryptocurrency ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, cryptocurrency, crypto, altcoin, altcoin daily, blockchain, news, best investment, top altcoins, ethereum, best altcoin buys, 2020, top altcoins 2020, bitcoin crash, xrp, cardano, chainlink, ripple, buy bitcoin, digibyte top altcoins, bitcoin price prediction, Cryptocurrencies, cryptocurrency news, cryptocurrency news media online, Is bitcoin a good investment in 2020, bitcoin news, daily cryptocurrency news, cryptocurrency tips, cryptocurrency investing, cryptocurrency news media online, bitcoin news, #cryptocurrency #cryptocurrencytips #cryptocurrencyinvesting #cryptocurrencynewsmediaonline


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3 Potentially Explosive Cryptocurrencies For September

Fundamentals come from news and developments to the technology and value provided by a cryptocurrency. With that in mind, here are several ...

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Cryptocurrencies

Cryptocurrencies · Currencies · Metals · Oil · Shares · Stock indexes. LTCUSD. 57.81. Quote. 1.71%. Changing (1m). 88.0%. Market Sentiment. 4.96%.

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Public Monuments and Markers
On the show this week, Chris Hedges, in his second interview with Professor James W. Loewen, discusses public monuments and statues, who put them up and why, and what may replace them. Loewen's book is Lies Across America: What Our Historical Markers and Monuments Get Wrong. #QuestionMore #RTAmerica Get exclusive content and watch full episodes now by downloading the Portable.TV app: https://ift.tt/2vdv7Bo Like us on Facebook https://ift.tt/X38HJ5 Follow us on Twitter http://twitter.com/RT_America


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Warning to all NEW Cryptocurrency Investors in September 2020 | Best Cryptocurrency Investing Tips
What is the best advice for bitcoin and cryptocurrency trading? What is the best Cryptocurrency to buy right now? Today is an IMPORTANT video, as we give you the best cryptocurrency tips for 2020/2021! Let us know your tips in the comment section and hit Like, Share and Subscribe! Altcoin Daily, the best cryptocurrency news media online! How I Would Invest $1000 in Cryptocurrency in 2020 https://www.youtube.com/watch?v=5C7AHzCLN70 Follow us on Twitter: https://twitter.com/AltcoinDailyio Follow me [Austin] on Instagram here: https://ift.tt/2DkvCuu TimeStamps: 00:00 Intro 00:54 Tip 1 03:04 Tip 2 07:45 Tip 3 09:00 Tip 4 10:02 Final Thoughts *********************************************************************** 🏺Support The Channel!!🏺(We Get A Kickback From These Affiliate Links) Support us on Patreon here 👇 and be a part of exclusive content and voting power https://ift.tt/2XP9Rwa -- Buy Bitcoin w/ the Cash App! The easiest way to buy bitcoin in 2020 in the US! Try using my code and we'll each get $5. PPPNHGX https://ift.tt/3dDh8pj -- Buy Bitcoin on Coinbase and we both receive $10 in Bitcoin! https://ift.tt/2E7Mh4H -- Get a Nano Ledger S: Best Way to Keep your Cryptocurrency Safe! https://ift.tt/2SuGon2 -- Keep Your Bitcoin Private Keys Safe w/ CryptoTag: https://ift.tt/2Q43txz -- Fold App: Get 20,000 sats by using my referral code: “KzalHqIQ” https://ift.tt/2VbNwYM *********************************************************************** #Bitcoin #Cryptocurrency #Invest #Crypto #TheFed #News #Litecoin #Cardano #Ethereum #DigiByte #Litecoin #Invest #Binance #Elastos #PundiX #Tron #IOTA #Ripple #XRP #Starbucks #StellarLumens #Google #Vechain #cryptocurrency #news #btc #eth #litecoin #marketanalysis #entrepreneur #business #success #investment #finance #bitcoins #StockMarket #BestCryptocurrency ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, cryptocurrency, crypto, altcoin, altcoin daily, blockchain, news, best investment, top altcoins, ethereum, best altcoin buys, 2020, top altcoins 2020, bitcoin crash, xrp, cardano, chainlink, ripple, buy bitcoin, digibyte top altcoins, bitcoin price prediction, Cryptocurrencies, cryptocurrency news, cryptocurrency news media online, Is bitcoin a good investment in 2020, bitcoin news, daily cryptocurrency news, cryptocurrency tips, cryptocurrency investing, cryptocurrency news media online, bitcoin news, #cryptocurrency #cryptocurrencytips #cryptocurrencyinvesting #cryptocurrencynewsmediaonline


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Friday, August 28, 2020

Evolution Of Prediction Markets: From Middle-Ages To Blockchain Era

Changing the world one hash at a time, Cryptos.com is a news site for the latest in blockchain, bitcoin, ethereum, market updates, innovations in tech, ...

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Digital Art & Blockchain

Digital Art & Blockchain. AELJ Vol 37 Symposium CLE Materials: Copy of Digital Art & Blockchain · Bookout, et al- Digital Art & Blockchain Introduction ...

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'No Doubt' Bitcoin Will Soon Rule an Internet-Powered Economy - Expert

Marechal claimed that “Bitcoin native companies are creating massive economic upside potential for a new internet monetary layer” and would work on “ ...

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On the hunt for the cryptocurrency conwoman who stole billions

She called her creation the 'Bitcoin killer', referring to the world's best-known cryptocurrency. Soon, she noted, its 'users' would be able cash in their ...

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The developmental impacts of Cryptocurrencies and Blockchain Technology on businesses?

What are the developmental impact of Cryptocurrencies and Blockchain Technology on businesses? 1. Answer will be added soon. Answer Link.

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NYC Re-Imagined: Fleeing the Big Apple
The Big Apple has undergone a complete transformation since the start of the pandemic, with offices emptying and remote workers fleeing for the suburbs (provided there’s high-speed internet). Legal and media analyst Lionel discusses this urban exodus and whether news of a vaccine would prompt New Yorkers to return. #QuestionMore #RTAmerica #TheBigPicture Get exclusive content and watch full episodes now by downloading the Portable.TV app: https://ift.tt/2vdv7Bo Like us on Facebook https://ift.tt/X38HJ5 Follow us on Twitter http://twitter.com/RT_America


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The Bitcoin Group #230 - Fed Inflation - $500,000 Bitcoin - Fidelity - Satoshi Nakamoto?
WCN T-Shirts: https://ift.tt/3cnj5WQ Donate Bitcoin: 3NqhJSAikoFiYmZm3ACGzdw9Lr86ZiLT7K Join our New Patreon: https://ift.tt/2risucP Subscribe to the WCN Audio Podcast on Itunes: https://ift.tt/2zjirWG Featuring… Ben Arc (https://twitter.com/BTCSocialist) and Thomas Hunt (https://twitter.com/MadBitcoins) THIS WEEK: Federal Reserve says inflation should rise dramatically - CBS News https://ift.tt/3jiaFmI Bitcoin price to $500,000: Winklevoss lays out ultimate bullish case https://ift.tt/3joOITd Fidelity Is A 1,000 Pound Bitcoin Gorilla In The Making https://ift.tt/3loc9xC What if Satoshi Nakamoto was Satoshi Nakamoto all along? https://ift.tt/3gx66mR $11,507.00 / $1 = 8,690 SAT - Price of Bitcoin https://bitcoinal.com/ balajis.com on Twitter: ""Zerzan encourages everyone to give up civilization and go back to a hunter-gatherer lifestyle. And I encourage everyone to do more to speed up technological and scientific progress. It was a meeting of polar opposite views...Zoltan vs Zerzan." https://t.co/0PIQl0pHtA https://t.co/fWMlgeJS3z" / Twitter https://twitter.com/balajis/status/1299375098445492224/photo/1 Mad Bitcoins is on Tallycoin crowdfunding for Bitcoin and Lightning. https://ift.tt/2QxXQJa World Crypto Network is creating Bitcoin Videos and Podcasts | Patreon https://ift.tt/2risucP --------------------------- Check out our new website: https://ift.tt/2AshXyX Please Subscribe to our Youtube Channel https://www.youtube.com/user/WorldCryptoNetwork/videos


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Blockchain Technology: How It Works

Blockchain, the technology supporting bitcoin, however, is far more scalable. It is a profound and interesting technology that is most known as being ...

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MILLION DOLLAR CASH OUT PLAN EXPLAINED! Simple guide on how and when to sell your cryptos
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Bitcoin price shakes off $157M BTC futures expiry — Is $12000 next?

Bitcoin barely reacted to today's CME futures expiry, but is this a bullish or bearish signal? 8 ...

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China Is 'No Threat To Bitcoin,' Promises Foundry CEO After $100 Million Bitcoin Mining Bet

In just ten years, bitcoin mining, where bitcoin tokens are rewarded to those that maintain the bitcoin network, has morphed from a bedroom-based, ...

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Study: Florida could be the next Wyoming in tapping into $100B Bitcoin market

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BITCOIN AND ALL Cryptocurrencies International Group Public Group

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Registration

Cryptocurrencies · Currencies · Metals · Oil · Shares · Stock indexes. LTCUSD. 56.90. Quote. 0.11%. Changing (1m). 88.0%. Market Sentiment. 5.02%.

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Binance Explains Why Altcoins or Small Market Cap Cryptocurrencies have Outperformed Bitcoin ...

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Back to School: Are Kiddos Safe?
Back-to-school season is upon us, and while many schools are reopening their doors, other districts are choosing to continue virtual instruction through the fall semester. Dr. Tania Dempsey explains risk factors plaguing the minds of parents, teachers, and staff. What IS the safest way for kids to return to classrooms, if at all? #QuestionMore #RTAmerica #TheBigPicture Get exclusive content and watch full episodes now by downloading the Portable.TV app: https://ift.tt/2vdv7Bo Like us on Facebook https://ift.tt/X38HJ5 Follow us on Twitter http://twitter.com/RT_America


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Trump triumphant at RNC finale
The Republican National Convention concluded on Thursday night with a fireworks display following President Trump’s climactic final speech. RT America’s Natasha Sweatte fills us in before civil rights attorney Robert Patillo and Gary S. Goldman, host of “Business, Politics and Lifestyles” join Scottie Nell Hughes to share their analysis. Then “Boom Bust” co-hosts Christy Ai and Ben Swann join to discuss the prospects ahead for the fraught US-China relationship. #QuestionMore #RTAmerica #NewsViewsHughes Get exclusive content and watch full episodes now by downloading the Portable.TV app: https://ift.tt/2vdv7Bo Like us on Facebook https://ift.tt/X38HJ5 Follow us on Twitter http://twitter.com/RT_America


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Crypto trading experiment update - FOMO vs FEAR - week 7

This is my 7th week of my crypto trading experiment, where I run four simulated portfolios, each started with $1000. Every week I sell the coins and rebuy, with the following allocations:

  1. Buy the top 5 performing coins of the week in the top 100 on CMC; (FOMO 100)
  2. Buy the top 5 performing coins of the week in the top 200 on CMC; (FOMO 200)
  3. Buy the bottom 5 performing coins of the week in the top 100 on CMC; (FEAR 100)
  4. Buy the bottom 5 performing coins of the week in the top 200 on CMC. (FEAR 200)

For a control, this is compared against an initial $1000 of bitcoin (bought 7 weeks ago).

And just for fun, for the last 2 weeks I've recorded my own trades, with five coins bought as I see fit.

Now we are at week 7, with 6 weeks of trades recorded. I have also recorded all of the existing portfolio positions, so we can also compare how they performed if they had simply stopped trading and held.

First = the bitcoin portfolio stands at $1,223 - a 22% gain in 6 weeks.

Here is the most recent week portfolios and results (compared to my last update 2 weeks ago)

FOMO 100: OMG, YFI, RSR, UTK, REN $1196 (DOWN from $1307)

FOMO 200: OMG, YFI, OXT, RSR, UTK $1087 (DOWN from $1512)

FEAR 100: ANT, AMPL, BNT, SXP, DIVI $1204 (UP from $1197)

FEAR 200: PNT, ANT, DGXT, AMPL, ETHOS $1093 (UP from $995)

My picks: OMG, LINK, TRAC, YFI, SNX $1386 (UP from $1253)

So interestingly, while altcoins have possibly had a slightly rough journey over the last 2 weeks, the FEAR portfolios have recovered slightly, and the FOMO portfolios had a huge retrace.

And here is a table showing ALL the portfolios over 6 weeks. So week 1 shows the position if I had bought but never traded again, while week 6 shows the effect of buying and re-selling over six weeks.

Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Average
FOMO 100 $1275 $1386 $1051 $1201 $1063 $1196 $1195
FOMO 200 $1036 $1382 $948 $1264 $1227 $1087 $1156
FEAR 100 $1032 $1177 $1483 $1035 $1001 $1204 $1155
FEAR 200 $973 $1119 $1391 $840 $908 $1093 $1054
My picks $1383 $1386 $1385

So looking at the current positions (week 6) the experiment has failed to matched bitcoin's movements, with the FEAR 100 portfolio close but not quite there.

On the other hand if we average the results of all the portfolios over the six weeks, we see that the ranking favours the "FOMO" strategy (skewed towards the top 100) but only just.

Quite happy with the performance of my picks so will try and keep that up.

Also - a fun fact. The best buy over the entire 6 weeks was Solana, bought on July 30 and up 150% (bought in the FOMO 200 portfolio in week 4). The worse buy was not in fact Ampleforth (though that was close) - it was in fact Ditigtex, bought July 23 in the FEAR 200 portfolio in week 3 - down 52%.

Week 8 portfolios as below with prices (recorded 2 days ago):

My picks:  Lend 0.836 , Cosmos 7.82, YFI 15206, Kusama 30.90, Serum 2.04

FOMO Top 100     Kusama  Ant (9.53) Celo 4.09 OMG 5.25  LEND 0.836

FOMO top 200     Kusama Stake (19.64),  Ant (9.53)  Storj (0.464) Celo, OMG 5.25

FEAR Top 100   Nervos (.007154), Wave 3.24  Hedgetrade 1.58, Holo 0.000741  ADA .1144

FEAR Top 200   Swap (.8511)  Handshake (.142)  Trac (.197) Hive 0.23   Nervos

Will any of these be able to stand their ground vs BTC? Final update in 2 weeks!



Submitted August 28, 2020 at 04:10PM by Cryptodragonnz https://ift.tt/34K1UOu https://ift.tt/2Z7cX2s

Daily Discussion - August 29, 2020 (GMT+0)

Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.


Disclaimer:

Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.


Rules:

  • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
  • Discussion topics must be related to cryptocurrency.
  • Comments will be sorted by newest first.

To see prior Skeptics Discussions, click here.



Submitted August 28, 2020 at 07:10PM by AutoModerator https://ift.tt/3joCtWv https://ift.tt/2Z7cX2s

The Wild West Crypto Show Reveals One Million Bitcoin Wallets Being Used Every Day

Notably, Bitcoin's rising trajectory continues. After “air-kissing” $12,000, the price of the premier cryptocurrency has dipped but is still well above March's ...

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How to Answer the Crypto Question on the IRS Tax Form

A question on that form makes it clear the agency wants to know about American taxpayers' cryptocurrency activity. Tax filers must answer the question.

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UNB TME start-up disrupts blockchain and cryptocurrency analytics

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Steve Bannon Indicted
Jesse Ventura and Brigida Santos discuss the destruction from over 600 wildfires in California, the indictment of Steve Bannon, and the future of globalization. Author Steve Olson talks about nuclear non-proliferation 75-years after the U.S. bombings on Hiroshima and Nagasaki. #QuestionMore #RTAmerica #TheWorldAccordingToJesse Get exclusive content and watch full episodes now by downloading the Portable.TV app: https://ift.tt/2vdv7Bo Like us on Facebook https://ift.tt/X38HJ5 Follow us on Twitter http://twitter.com/RT_America


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Thursday, August 27, 2020

Watch "The NBA Strike, Trump’s Testing Order & Hurricane Laura | The Daily Social Distancing Show"

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Brave Browser Delves Further into Crypto with Gemini Integration

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Brazilian climber summits two massive mountains in 24 hours
In the only game of the night in MLS, Orlando City SC earned a much needed win over Nashville SC 3-1 on their home turf. Over in the KBO, the league leading NC Dinos kept to their winning ways with a 8-2 defeat of the Doosan Bears. Brazilian climber Fernanda Maciel climbed two mountains in Italy in less than 24 hours. The feat was done after the 40-year-old is trying to set new Fastest Known Times on some of the world's biggest mountains. RT America's Regina Ham reports. #QuestionMore #RTAmerica #WorldOfSports Get exclusive content and watch full episodes now by downloading the Portable.TV app: https://ift.tt/2vdv7Bo Like us on Facebook https://ift.tt/X38HJ5 Follow us on Twitter http://twitter.com/RT_America


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Has GOP convention improved Trump's re-election chances?
Has Donald Trump improved his re-election chances after four days of the GOP's convention? Christine Todd Whitman, the Republican former governor of New Jersey, joins Larry with her take. Plus, why she's backing Joe Biden over her party's nominee. #QuestionMore #RTAmerica #PoliticKing Get exclusive content and watch full episodes now by downloading the Portable.TV app: https://ift.tt/2vdv7Bo Like us on Facebook https://ift.tt/X38HJ5 Follow us on Twitter http://twitter.com/RT_America


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Ghislaine Maxwell forced to stay in solitary confinement
A federal judge has denied Ghislaine Maxwell’s request to be transferred from solitary confinement to the general inmate population in the Brooklyn jail where she’s being held until her trial next year. RT America’s John Huddy has more. Maxwell faces yet another lawsuit from a man who claims Jeffrey Epstein drugged him and coerced him to have sex with Maxwell. Meanwhile, Epstein associate and billionare art collector Leon Black is the latest friend to be subpoenaed by the attorney general of the US Virgin Islands over his ties to the late financier and infamous pedophile. Dylan Howard, author of “Epstein: Dead Men Tell No Tales,” helps us break this all down. #QuestionMore #RTAmerica #InQuestion Get exclusive content and watch full episodes now by downloading the Portable.TV app: https://ift.tt/2vdv7Bo Like us on Facebook https://ift.tt/X38HJ5 Follow us on Twitter http://twitter.com/RT_America


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I decided I need to read it before the movie comes out.

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Submitted August 27, 2020 at 06:58PM by ethereumflow https://ift.tt/2ELt9gg https://ift.tt/2Z7cX2s

Daily Discussion - August 28, 2020 (GMT+0)

Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.


Disclaimer:

Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.


Rules:

  • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
  • Discussion topics must be related to cryptocurrency.
  • Comments will be sorted by newest first.

To see prior Skeptics Discussions, click here.



Submitted August 27, 2020 at 07:12PM by AutoModerator https://ift.tt/3b0IfLd https://ift.tt/2Z7cX2s

Over $1 Billion Ethereum-Based Tokens Vulnerable to ‘Fake Deposit Exploit’

Over $1 Billion in Ethereum-Based Tokens Vulnerable to 'Fake Deposit Exploit'

A number of university researchers published a study that demystifies the “fake deposit vulnerability” in Ethereum-based smart contracts. The findings show that over 7,000 tokens worth more than $1 billion built on top of Ethereum are vulnerable to two types of attacks that exploit smart contracts.

Researchers from the University of Queensland, Beijing University of Posts and Telecommunications, Zhejiang University, and Peking University have published a paper that describes a vulnerability held by over 7,000 Ethereum-based tokens.

Essentially, the tokens created have verification methods that are subpar to ERC20 contracts released after 2017. The vulnerability allows the token’s codebase to be manipulated and hackers can easily steal millions of dollars by executing the “fake deposit vulnerability.”

What is worse is that there are more than 25 million smart contracts built using the Ethereum network and the researchers say only “0.36% of them have released their source code according to our dataset.”

Moreover, the paper discusses that the tokens are vulnerable on both decentralized exchanges (dex) and centralized exchanges (cex) because they allow these coins to be swapped “without comprehensive verification.”

The team of researchers leveraged a tool called “Deposafe,” which allows the testing of a large number of ETH-based smart contracts.

“In this work, we have systematically characterized the fake deposit vulnerability in Ethereum. Deposafe, an automated tool is proposed to perform the detection and verification of the vulnerability,” the paper states.

“We demonstrate the efficiency of Deposafe with experiments on a large number of smart contracts. Our observations reveal the prevalence of fake deposit vulnerability in the ERC20 smart contracts,” the university’s scholars wrote.

The investigators found that 7,735 tokens can be influenced by the fake deposit vulnerability using a “Type-I attack.” While “7,716 tokens that are vulnerable to “Type-II attack” with a market cap of over $1 billion.

“The number of holders and transactions would be 695K and 4.6 million respectively,” the paper stresses.

The paper also identifies the dexes that have high active trading on a daily basis and could suffer from the fake deposit attack. Dex platforms listed in the researcher’s paper include Ether Delta, DDEX, and IDEX.

Centralized exchanges (cex) that fall victim to the fake deposit attack could lose substantial amounts of funds.

“If a cex allows these tokens to be traded without comprehensive verification, the financial loss will be tremendous,” the paper highlights.

The authors of the report say that the efforts they have provided can “contribute to bring developer awareness” and hopefully “promote best operational practices across blockchains.”

The listed cex platforms mentioned in the researcher’s study include companies like Kraken, Binance, and Coinbase. ERC20s who are allegedly vulnerable to the fake deposit exploit include BRC token, PWR token, BAT, HPT token, Cloudbric, RPL token, Moviecredits, and more.

What do you think about the fake deposit attack? Let us know what you think about this subject in the comments section below.

The post Over $1 Billion Ethereum-Based Tokens Vulnerable to ‘Fake Deposit Exploit’ appeared first on Bitcoin News.



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