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Binance Improve Security and Fight On Despite Hack

The Binance exchange has had a tough week, there’s no denying it. But they recently came out to say that they are taking a look at their security after they lost 7,000 Bitcoins worth more than $40 million in a hack earlier this week. There will be some significant changes to its application programming interface, withdrawal validation and two-factor authentication systems. The CEO of Binance, Changpeng Zhao said in a blog post published today (May 10th). “We are making significant changes to the API, 2FA, and withdrawal validation areas, which was an area exploited by hackers during this incident. We...

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Morgan Creek Capital Founder Claims BTC Will Reach $400k in Ten Years

In a recent with Layah Heilpern, the Founder of Morgan Creek Capital Mark Yusko explained that Bitcoin is on a path towards $400,000. Yes, you read that right, Yusko predicts a high of $400,000 which he claims could happen in ten years time, or even more. You can watch a snippet of the interview here. It was truly a pleasure interviewing @MarkYusko on @BloxliveTV . He predicts #bitcoin will reach highs of $400,000 🚀💥🤯👇Take a look at how and when below👇Mark, thank you so much again! Full interview here: https://t.co/JZsYoOLjED pic.twitter.com/n0WZPTLRER — Layah Heilpern 📺 (@LHeilpern) May 9, 2019 Digital...

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Roubini Claims BTC is a Sh**coin Despite Price Gains

Despite there being a lot of people out there that love Bitcoin and the potential it holds for the future offinances, there are also a lot of haters of the leading cryptocurrency. One of those haters is the New York Economics Professor, Nouriel Roubini, who has made it abundantly clear that he doesn’t like Bitcoin nor does he care about the price. Roubini spoke at the recent SALT Conference in Las Vegas, Nevage where he described Bitcoin a “sh*coin”, which is a popular term within the crypto space as a pejorative descriptor of cryptocurrencies with questionable economic merits. The Professor...

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Sally Ho's Technical Analysis 10 May 2019

Bitcoin Bitcoin (BTC/USD) finally eclipsed the psychologically-important 6000.00 barrier in recent trading sessions and rocketed higher to the 6171.10 level early in today’s Asian session, its strongest level since mid-November 2018. After breaking above the 6000.00 figure, the pair traded as high as the 6098.21 area before consolidating some gains to the 5960.00 level and then again moving higher to establish fresh multi-month highs. Chartists note that there does not appear to be too much technical Resistance between current price levels and the 6393 area.  Technicians are waiting to see how the pair will react during pullbacks with the 6015/...

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Craig Wright Served as Satoshi Debate Continues

nChain chief scientist and the supposed Satoshi Nakamoto, Craig Wright has been under fire over the past few weeks but yesterday (8th May), he was served a legal notice issued by the United States District Court of the Southern District of Florida. The order demands Wright to reveal his Bitcoin addresses as of the 31st December 2013, as evidence of Bitcoin ownership. The court document states: “In essence, he does not argue undue burden, he argues impossibility. The argument that Dr. Wright is incapable of providing an accurate listing of his current or historical bitcoin holdings was never presented in...

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