• markets report bitcoin price
    Bitcoin,  Markets Report

    Markets Report: Bitcoin close to ‘point of no return’ says analyst as BTC retargets $40,000

    With recent all-time highs suddenly coming back into play, eToro exchange warns it may limit buy orders due to high demand/low liquidity

    Bitcoin was more than $8,000 higher versus its Monday lows of $30,250 at press time. While the market waited for a seminal test of $40,000, proponents seized on the latest uptick to pour scorn on naysayers, mostly the mainstream press, which had claimed that Bitcoin had just experienced a 2017-style crash.

  • Grayscale liquidating XRP Trust
    Ripple,  XRP

    Citing SEC lawsuit, Grayscale liquidating XRP Trust

    Grayscale Investments said the move was a result of the SEC’s securities lawsuit against Ripple, but cited concerns it would have difficulty selling XRP rather than legal concerns

    “In response to the SEC’s action, certain significant market participants have announced measures, including the delisting of XRP from major digital asset trading platforms,” Grayscale said. As a result, the firm came to the “conclusion that it is likely to be increasingly difficult for U.S. investors, including the Trust, to convert XRP into U.S. dollars, and therefore continue the Trust’s operations.”

  • Oracle blockchain tables
    Technology

    Oracle adds blockchain to its cloud databases

    The software giant’s new blockchain tables provide customers a simple-to-use but ‘secure audit trail on transactions and processes’

    By offering “immutable insert-only tables whose rows are cryptographically chained together,” the company said blockchain tables makes it easy for customers to “protect against illicit changes by insiders or hackers impersonating administrators or users.”

  • crypto users poor security practices
    Cryptocurrencies,  Technology

    Survey sheds light on crypto users’ poor security practices

    A quarter of the people who took part in the study by hardware wallet maker Ngrave are less secure than they expected to be—and only 1% are safer

    While losses were down substantially in 2020, according to CipherTrace, crypto fraud, thefts, and hacks still accounted for $1.8 billion through October. That includes September’s $281 million hack of the KuCoin exchange in September.