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Louder Than Life Festival to Require COVID-19 Vaccines or Negative Tests
Fans, artists, and staff at Louisville music festival Louder Than Life will be required to be vaccinated against COVID-19 or provide proof of a negative COVID-19 test result, Louder Than Life says. “To protect the health of our fans, artists, staff and crew, all attendees will be required to show proof of either a full COVID-19 vaccination or a negative COVID-19 test,” organizers wrote in a statement. “For fans who are not fully vaccinated, a negative COVID-19 test result must be obtained within 72-hours of the first day of coming into the campgrounds or festival grounds.” Masks will be required in any indoor spaces, regardless of vaccination status. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It be...
BTC price passes $47K ‘worst-case scenario’ as Bitcoin realized cap hits all-time high
Bitcoin (BTC) at $47,000 is turning heads but is in fact only the “worst-case scenario” for one of its most popular analysts. In a tweet on Aug. 13, PlanB, creator of the stock-to-flow family of Bitcoin price models, reiterated that $47,000 should be just the beginning for BTC/USD. Bitcoin price no longer in its “worst case scenario” Following the May miner rout from China and accompanying BTC price crash, long-established price models based on the stock-to-flow principle saw a major test of their reliability. Even PlanB himself had moments of uncertainty as Bitcoin dipped to lows of $29,000. At the time, however, he predicted that a return to strength as the dust settled on the mining reorganization would propel the market far higher. August, or more specifically t...
Bitcoin’s off-chain data points to more upward momentum for BTC price
After months of unrelenting turbulence, the crypto industry has been on somewhat of a tear over the last couple of weeks, with the total market capitalization of the space recently topping the $2 trillion mark for the first time since May. In fact, over the last 21 days alone, a whopping $700 billion entered the digital asset sector, leading many to believe that more may be in the cards in the near term. Two recent events seem to have created this bullish sentiment: Ethereum’s successful London hard fork, which makes the network seem more scalable, and the introduction of the recent infrastructure bill by the United States Senate, with its tax implications for crypto businesses in America. Kadan Stadelmann, chief technological officer of blockchain solutions provider Komodo, told Coi...
How do DeFi protocols get hacked?
The decentralized finance sector is growing at a breakneck pace. Three years ago, the total value locked in DeFi was a mere $800 million. By February 2021, the figure had grown to $40 billion; in April 2021, it attained a milestone of $80 billion; and now it stands at above $140 billion. Such rapid growth in a new market could not but attract the attention of all manner of hackers and fraudsters. According to a report by crypto research company, since 2019, the DeFi sector has lost about $284.9 million to hacks and other exploit attacks. Hacks of blockchain ecosystems are an ideal means of enrichment from the point of view of hackers. Because such systems are anonymous, they have money to lose, and any hack can be tested and tuned without the victim’s knowledge. In the first four months of...
Cause and effect: Will the Bitcoin price drop if the stock market crashes?
The year 2009 was marked by both the genesis of Bitcoin and the United States stock market starting an unprecedented bull market — one that’s continued almost uninterrupted since. However, murmurings of a crash are always present, and the noise has recently been getting louder. Against the backdrop of COVID-19 refusing to go away, stocks keep pushing higher, backed by an unprecedented amount of government support. But now that quantitative easing policies are no longer being implemented, is the talk of a stock market crash justified? If so, this could bring unfortunate news for Bitcoin (BTC): It could be argued that there are signs of a strong correlation between Bitcoin and stocks. So, what may happen to crypto if the bottom falls out of U.S. equities? How likely is a crash? Taking ...
Binance halts KRW pairs amid tightening crypto exchange regulations in Korea
Binance has halted Korean won (KRW) trading pairs as part of a raft of changes to its operations in South Korea. In a notice issued on Friday, the crypto exchange giant announced the discontinuation of KRW trading pairs as well as KRW payment options on its service. Other features discontinued include Korean language support on its website and merchant applications for peer-to-peer transactions (P2P) in South Korea. As part of the announcement, Binance also advised P2P traders to remove all trade advertisements denominated in KRW from the platform. Detailing the reason for the decision, Binance said that it was proactively complying with local regulations. Indeed, South Korean authorities have been putting the screws on crypto exchange operators in the country amid a tightened regulatory r...
London court orders Binance to trace hackers behind $2.6M Fetch.ai attack
Artificial intelligence research lab Fetch.ai has been granted a request to have major cryptocurrency exchange Binance identify individuals behind a $2.6 million hack. According to a Friday Reuters report, the Royal Courts of Justice in London has ordered Binance to identify the hackers and seize the stolen assets. Fetch.ai reportedly claimed that hackers stole $2.6 million worth of cryptocurrency from its Binance account on June 6 and resold the tokens for a significantly reduced price. “We need to dispel the myth that crypto assets are anonymous,” said Syedur Rahman, a partner from Fetch.ai’s legal team at Rahman Ravelli. “The reality is that with the right rules and applications, they can be tracked, traced and recovered.” Rahman reportedly claimed Binance ...
Price analysis 8/13: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, SOL, LTC
A KPMG report titled “Pulse of Fintech H1 2021,” shows that the total investment in the blockchain and cryptocurrency sector in the first half of this year has risen to $8.7 billion, which is more than double the $4.3 billion worth of deals done in 2020. KPMG global fintech co-leader Anton Ruddenklau said: “Cryptocurrency and blockchain are exploding globally. I think for the rest of this year at least, crypto will be a very hot ticket for investors.” Separate research by blockchain market intelligence Blockdata also shows that 55 out of the top 100 banks by assets under management have directly or through subsidiaries invested in crypto and blockchain firms. Daily cryptocurrency market performance. Source: Coin360 Bittrex Global CEO Stephen Stonberg told Cointelegraph that the ...
3 reasons why Aavegotchi (GHST) price spiked to a new all-time high
The NFT sector took the world by storm in 2021 as crypto and corporate sector influencers, globally recognized companies and popular sports teams embraced the growing digital collectible trend. After a brief sector-wide pullback which coincided with the market-wide declines seen beginning in May, the NFT sector roared back to life as collectibles like CryptoPunks, Pudgy Penguins and Bored Ape Yacht Club (BAYC) selling for record-breaking prices. One project that has benefitted from the recent bull market in the NFT sector is Aavegotchi (GHST), a decentralized finance (DeFi) focused NFT ecosystem that runs on the Aave protocol. Data from Cointelegraph Markets Pro and TradingView shows that since reaching a low of $0.896 on June 22 the price of GHST has rallied 202% to ...
11 Times Aretha Franklin Made Awards Show History
Feb. 29, 1968 – Won the first Grammy ever awarded for best rhythm & blues solo vocal performance, female for the immortal “Respect.” The classic hit brought Franklin a second award that year: best rhythm & blues recording. March 16, 1971 – Performed her gospel-imbued cover version of Simon & Garfunkel’s “Bridge Over Troubled Water” on the first live Grammy telecast. Franklin’s single, newly released at the time, would go on to win best R&B vocal performance, female the following year. (The Temptations presented her with the award.) March 1, 1975 – Won the Grammy for best R&B vocal performance, female for the eighth consecutive year for her cover version of the Marvin Gaye/Tammi Terrell hit “Ain’t Nothing Like the Real Thing.” That eight-year stre...
Sierra Club executive director Brune to step down
His resignation is effective at the end of the year. The details: Brune oversaw an expansion of the 129-year-old group’s scope to include social justice, labor rights and racial equity, pushing the traditionally conservation-minded organization to embrace progressive policies. He also openly repudiated the Sierra Club’s past dalliances with the natural gas industry, including a long-secret arrangement — which Brune exposed in 2012 — in which the group accepted $26 million of industry money while promoting natural gas as a clean “bridge fuel” to renewable energy. Brune said in a statement Friday that he was proud of the group’s work but that its “transformation is not yet complete and I regret that I was not able to do more.” “As with other legacy institutions across our s...
AMC Will Start Accepting Bitcoin and Sony Acquires Crunchyroll in This Week’s Business and Crypto Roundup
Many brands are starting to see a recovery despite the challenges initially brought on by the pandemic. Some businesses, especially ones that focused efforts on expanding e-commerce ventures, have even seen profits rise even higher than before. HYPEBEAST has rounded up the top business and crypto stories of the week so you can stay in-the-know about trends across industries. Business 1. A bizarre legal battle over broken McFlurry machines is underway In May, a lawsuit was filed against the machine’s manufacturer, Taylor, alleging “flawed code that caused the machines to malfunction.” A tech company called Kytch has developed software to repair the machines. On May 10, 2021, legal representatives for Kytch, Inc. filed a complaint in Alameda County Superior Court.Read the comp...
