Weekly Round Up --- BTC, TRAVALA, CHAINLINK, KUCOIN, BINANCE INNOVATION ZONE, BITMEX

By Venkatz | Crypto_Rays | 27 Sep 2020


 

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The Hot Topic of the Week is Kucoin Exchange Hack

  • On September 26, 2020 Kucoin Exchange CEO Johnny Lyu updated about the Hack
  • Nearly 150$ Million worth Crypto Assets are stolen from the Exchange
  • Kucoin Assured to the Users Funds will be covered completely by Insurance Fund.

 

100 Million

  • As per Cambridge Centre for Alternative Finance Research Report
  • 100 Million Peoples Around the World holding Crypto Assets

 

TRAVALA

  • A crypto Currency Friendly Travel Booking Service now Integrated Chainlink (Link) as mode of payment.
  • Earlier Travala Accepts BTC, ETH, BNB, and Native token of Travala AVA
  • AVA is Trading at 0.63$

 

Binance Introduced Innovation Zone

  • Dedicated to Binance users as a safer place to trade new, innovative projects
  • But the Users need to answer and accept two things
  • 1st  :  User is ready to take 50% or more loss of their principal capital,
  • 2nd : The user is ready to take responsibility for the Loss.

 

BITMEX  installed the Blockstream Bitcoin Satellite

  • Will be Used to download and verify Bitcoin’s blockchain via satellite, without the internet connection.
  • Bitcoin Satellite products are supplied by Blockstream
  • They Stated  they are synced the Bitcoin node to the current tip using the internet and once the tip was reached, They  disabled the internet connectivity by adding connect=0 to the Bitcoin's configuration file.
  •  

BITCOIN Surpassed  18.5 Million BTC in Circulation

 

  • Bitcoin's Genesis Block was mined on Jan 03, 2009
  • As per Internet Source Nearly 4% of Available BTC has been lost Each Year.
  • The Final BTC likely to be mined in the year 2140
 

 

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Venkatz
Venkatz

I am Venkat From India I graduated in Computers and then did Masters of computer Application also Master of Philosophy in Network Security. I interested in Learning New Things. I love the blockchain Technology I am in Crypto From 2017.


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