Blockchain Bites: Bitcoin Volatility Hasn’t Shaken Out Institutions
Bitcoin set a new high above $50,000 after erratic trading earlier this week, though options markets are not anticipating a drawdown anytime soon.
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This special edition of Blockchain Bites covers everything you need to know from invest: ethereum economy and the news from elsewhere in the cryptoverse.
Also: Coinbase plans infrastructure updates to prevent outages during periods of volatility.
Bitcoin is moving off exchanges, has been less volatile than TLSA and broke its record for longest streak trading above five figures.
The Australian press has questioned the decision of ASX to implement blockchain technology in the light of recent Bitfinex security breach. The Bitfinex security breach, which closely followed the hacking incidents faced by Shapeshift and Gatecoin has shaken the finance community. With so many financial institutions currently invested in Blockchain technology, they fear that they may be next to face such security threats. Technology platforms get hacked occasionally, thanks to cyber criminals who are constantly trying to make a quick buck at others’ expense. While security issues faced by....
A new report from Outlier Ventures provides a map of blockchain development activity. Ethereum, Cosmos and Bitcoin lead the pack.