YouTube pulls the plug on another crypto livestream

Crypto YouTuber Sunny Decree recently saw his livestream cut short by YouTube, with the platform stating the video had violated its ‘harmful and dangerous policy.’ According to a Sept. 5 tweet from Sunny Decree, the video-sharing platform halted his most recent livestream on his English language channel — based in Switzerland, the content creator also records in German — and warned him a second offense would result in a one-week suspension of service for livestreaming, uploading, and posting. Source: Twitter Decree’s channel has been targeted by YouTube before. In December…

Chainlink (LINK) Surges 25% Higher as Altcoin Market Recovers

Altcoins such as Chainlink took a strong beating over the past three days, plunging dozens of percent from their recent highs as Bitcoin and Ethereum plunged lower. While some altcoins remain near their lows as, LINK has undergone a strong bounce that has brought the cryptocurrency 25% higher in the past 24 hours. Analysts, though, are divided over what comes next for Chainlink. Related Reading: Here’s Why This Crypto CEO Thinks BTC Soon Hits $15,000 Chainlink Recovers as Altcoin Relief Rally Takes Place Santiment, a blockchain analytics firm, is optimistic about…

Binance brings out platform for farming new assets

The world’s largest crypto exchange Binance unveiled the Launchpool platform on Sept. 6. According to Binance, the new platform will allow users to have securely farm new assets as well as users will get new token rewards in return for staking BNB, BUSD, and other tokens. The first project in Launchpool is the Bella protocol, where users will be able to stake their BNB, BUSD, or ARPA tokens into three separate pools to farm BEL tokens over 30 days, starting from 2020/09/09 00:00 AM ( UTC). In addition, Binance will…

Here’s the Key Level Bitcoin Needs to Break to Extend Its Macro Momentum

Bitcoin has seen some mixed price action throughout the past several days and weeks, struggling to garner any sustained buying pressure as its price hovers just above its crucial support between $9,900 and $10,000. The crypto has been trading above these levels throughout the past couple of days, but the selling pressure appears to be ramping up. One analyst is even noting that the failed breakout that took place today has opened the gates for BTC to see a sharp downswing towards $9,600 – which will likely send shockwaves throughout…

Blockchain platform commercializes digital bank guarantees in Australia

The Lygon blockchain platform, which runs on IBM Public Cloud, has reportedly successfully conducted its pilot since last year with Australian banks ANZ, Commonwealth Bank of Australia (CBA) and Westpac and a group of 20 Australian businesses.  Banks are expected to issue bank guarantees in just one day once they implement Lygon compared to the current paper-based guarantees that can take a month. The three Australian banks and retailers Scentre Group and IBM are planning to expand the Lygon platform for commercial use, according to a report on Sept 1.…

Bitcoin’s plunge, Twitter hack revelation and Pornhub now accepts crypto

Coming every Sunday, Hodler’s Digest tracks every important crypto news story from the previous week. Essential reading for all Hodlers!   Top Stories This Week   Three reasons why Bitcoin suddenly dipped under $10K — and recovered It’s been a bad end to an already trying week for Bitcoin. At one point, prices fell below $10,000 across major exchanges.  Overall, the world’s biggest cryptocurrency has seen its value fall by 11.7% in recent days. Most of these losses came on Thursday when a sudden drop of 7% in less than…

Vid Foundation opens staking

Vid Foundation, the company behind the social media app Vid which rewards users, unveiled its plans to allow more staking in its VI token. Jag Singh, CEO and Co-Founder of Vid Foundation, said in a post that new stakers would be able to join Vid and stake their tokens. Singh said that starting from September 1 and for the next three months Vid will open up staking for 14 million Vi. He stressed that existing stakers will not be affected by the move and that the APR will remain the…

‘I was wrong about Bitcoin’

Gold bug Peter Schiff, who has often spoken out against Bitcoin, may be admitting that there’s at least some flaw in his predictions after acknowledging the coin did not “collapse” as gold rose to a new all-time high last month. In a Twitter exchange with Tyler Winklevoss, which began Sept. 6, Schiff traded words with the Gemini co-founder regarding Bitcoin’s rise to a yearly high of more than $12,000 on Aug. 17 and its dip under $10,000 just last week. While Winklevoss predicted the digital asset’s baseline for all future…

Microsoft warns digital currency owners to be aware of new malware

In a tweet, Microsoft Security Intelligence (MSI) warned cryptocurrency owners who are also Windows users on August 27 that their funds in crypto wallets might be in danger because of a new malware. The new malware, called Anubis, seems to use code forked from Loki. It steals crypto wallet credentials, credit card details and other valuable information from these Windows users. According to MSI, it first discovered the malware in June in the cybercriminal underground. It has the same name with another potent banking Trojan that has been targeting Android…