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  • John Lennon’s Son Says Bitcoin Empowers People, Gives Him Optimism in Ocean of Destruction
    by Kevin Helms on November 25, 2020 at 5:30 am

    Sean Ono Lennon, the son of the Beatles’ John Lennon, says bitcoin gives him optimism amid the “ocean of destruction” this year. He believes that the cryptocurrency empowers individuals the way they have never been empowered before. Bitcoin Gives Sean Lennon Optimism Sean Ono Lennon is the son of the Beatles’ lead vocalist, John Lennon, The post John Lennon’s Son Says Bitcoin Empowers People, Gives Him Optimism in Ocean of Destruction appeared first on Bitcoin News.

  • Hackers Paradise: Yet Another Defi Protocol Exploited for Nearly $20 Million in DAI
    by Jeffrey Gogo on November 25, 2020 at 1:30 am

    Decentralized finance (defi) protocol Pickle Finance was hacked for $19.7 million of the stablecoin DAI over the weekend, as the defi industry appears to be turning into a hackers paradise. Pickle’s native token (PICKLE) plunged 62% on the news, falling from $23.27 to $8.70 when the hack was first reported on Nov. 21. At the The post Hackers Paradise: Yet Another Defi Protocol Exploited for Nearly $20 Million in DAI appeared first on Bitcoin News.

  • Ethereum 2.0 Deposit Threshold Met: Proof-of-Stake ‘Beacon’ Chain Starts in 7 Days
    by Jamie Redman on November 24, 2020 at 9:30 pm

    The Ethereum network’s ETH 2.0 contract has crossed the threshold needed to initiate the upcoming upgrade. Currently, there’s more 694,368 ether worth over $422 million resting in the contract, as developers hope the proof-of-stake launch will begin on December 1. At the end of the first week of November, the Ethereum Foundation initiated the first The post Ethereum 2.0 Deposit Threshold Met: Proof-of-Stake ‘Beacon’ Chain Starts in 7 Days appeared first on Bitcoin News.

  • XRP Price Climbed 123% in 30 Days, Spark Token Airdrop Pushes Value Higher
    by Jamie Redman on November 24, 2020 at 5:20 pm

    During the course of the week digital currency markets have seen colossal gains and one crypto asset, in particular, XRP, has jumped significantly in value over the last seven days. The distributed ledger token XRP climbed 25% upwards on Tuesday alone, and seven-day price stats show the coin has gained 123% as well. At the The post XRP Price Climbed 123% in 30 Days, Spark Token Airdrop Pushes Value Higher appeared first on Bitcoin News.

  • Christine Lagarde: ‘The European Central Bank Cannot Go Bankrupt or Run Out of Money’
    by Terence Zimwara on November 24, 2020 at 2:20 pm

    In remarks that highlight flaws of the fiat currency system, the European Central Bank (ECB) president, Christine Lagarde, says the institution cannot go bankrupt even if it incurs losses running into trillions. According to Lagarde, normal bankruptcy rules do not apply to the ECB primarily because it is the sole issuer of euro-denominated central bank The post Christine Lagarde: ‘The European Central Bank Cannot Go Bankrupt or Run Out of Money’ appeared first on Bitcoin News.