Day

August 28, 2020
Bitcoin bounced back from Thursday’s drop at a time when more of the cryptocurrency is locked in DeFi than ever before. Bitcoin (BTC) trading around $11,511 as of 20:00 UTC (4 p.m. ET). Gaining 2.2% over the previous 24 hours. Bitcoin’s 24-hour range: $11,231-$11,552 BTC above its 10-day and 50-day moving averages, a bullish signal...
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ON THE ROAD Humans have never been good at predicting the future. Science fiction from the last millennium is littered with flying cars, giant holograms and time travel. Despite the significant technological advancements that we have made, we’ve grown a little disillusioned as to whether some of the more fantastical creations will ever make an...
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Price point Bitcoin was rising along with gold and U.S. stock futures early Friday as traders reacted to Federal Reserve Chair Jerome Powell’s plan to let inflation run hot in coming years as the economy heals from the coronavirus-induced recession.  The largest cryptocurrency, seen by some investors as a hedge against inflation, changed hands around $11,451, staying...
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Focus on health innovation The third edition of the Annual BIO Africa Convention, the biggest of its kind in Africa, ended on Wednesday.  This was a landmark convention, as it marked the first time it was held through a virtual platform.  This may explain why it had a richer programme than the previous two versions,...
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Privacy-focused Bitcoin software wallet Wasabi is getting a major protocol overhaul. The Wasabi team is working on a new protocol design, dubbed WabiSabi, in a bid to improve the user experience and privacy guarantees of the wallet’s CoinJoin transactions. The major design change would allow users to coinjoin with different values than their peers, a...
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The South African power grid is still unstable, and will be for some time. That reality means the economy will struggle to rebuild after the effects of Covid-19. This instability has spread to Eskom’s administration, which is stuck in a vicious fight between its board, chief executive André De Ruyter and the treasury. At the...
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