Bitcoin successfully broke out of the $11,500 range and is approaching $12,000 following new comments from Federal Reserve Chair Jerome Powell about the possibility of a central bank digital currency (CBDC) in the U.S. Bitcoin jumped from $11,519 to $11,837 before closing at $11,764 on Monday, which helped the benchmark cryptocurrency Read more…
There’s a new player in town when it comes to cryptocurrency app development, and it’s called Polkadot. The crypto platform is proving itself to be the first-choice for developers, drawn to its flexibility and its fast-growing community. Recent reports have claimed Polkadot saw a 44 per cent increase in developer activity Read more…
Ethereum 2.0 developer, Ben Edgington, gave an update on the progress of the key components. According to his post, version v1.0.0 of candidate 0 has been released for phase 0 of the Eth2 or Beacon Chain. In that sense, he mentioned some changes made with respect to the previous version. The new version is Read more…
Mercedes boss Toto Wolff says two drivers are ahead of Max Verstappen in the queue for a future seat at the team. As Red Bull continues to lag behind, and with Honda’s decision to quit Formula 1 after 2021, there has been growing questions over whether the Dutchman might seek Read more…
According to Matt Bishop, Kevin Magnussen is a ‘brilliant’ candidate to replace Alexander Albon at Red Bull Racing. The former communications director of the McLaren team says the Danish driver would make a great team with leader Max Verstappen. Bishop and Magnussen worked together at McLaren in 2014, but after Read more…
LG Electronics (LG) announced that Six-Time Formula One World Champion Lewis Hamilton has been signed to be the global ambassador for its LG SIGNATURE, the company’s premium home solutions brand. Hamilton will initially star in a new campaign to communicate the brand’s philosophy, “Art Inspires Technology, Technology Completes Art.” In Read more…
On Thursday, the crime insurance policy became available to the users. It safeguards the offline storage accounts or cold wallets against direct loss and theft. The deal will be arranged by the Llyod’s of London and underwritten by UK crypto specialist broker Paragon International Insurance Brokers and Woodruff-Sawyer & Co. Read more…
Although still a work in progress, Bitcoin (BTC) price has created a bullish chart pattern that could potentially take the world’s largest digital coin to above $12,000 in the coming days. Elsewhere, a former Goldman Sachs executive believes BTC could trade at $1 million in 5 years. Bold prediction A former hedge-fund Read more…
Red Bull has reportedly threatened to leave Formula 1 at the end of the 2021 season if the sport’s manufacturers do not unanimously agree to freeze engine rules from 2022. The energy drink company has found itself in a fix following Honda’s announcement last week of its withdrawal from F1, Read more…
Litecoin is preparing to collaborate with Cardano on cross-chain interoperability, according to a blog post from David Schwartz, Project Director at the Litecoin Foundation. Schwartz says that Charles Hoskinson, creator of Cardano, invited Litecoin creator Charlie Lee to collaborate on blockchain interoperability in July. Hoskinson originally wrote on Twitter: @SatoshiLite it Read more…