Five Years In, DeFi Now Defines Ethereum – India Crypto News
What stood in the way of DeFi mass adoption was better storytelling and more visual demonstration of how DeFi can work for anyone
Debian – Wikipedia
Flow chart of the life cycle of a Debian package
unstable is the first point of contact for new versions of packages and programs before they are integrated into testing. There they are checked for errors. unstable is less intended for productive use than for testing new package versions. Anyone who uses unstable must expect to be confronted with program errors that result from a lack of interaction with other software components. If no serious errors ("release-critical bugs", "RC bugs") were found within the test period (usually ten, occasionally five, in the case of urgent packages two or even zero days) and speak no other reasons like that If the release team holds back individual packages or non-fulfilled dependencies, the package is included in testing.
Debian Stretch with Xfce4 and Xfce terminal
stable is the current official version. Debian has released a new stable every two years since 2000. With the exception of security updates, nothing is changed in the packages contained in it. stable is therefore a suitable candidate for server systems that have to run reliably for a long time. Prior to publication, the malfunctions classified as serious are eliminated with high priority for a few months. During this time, no major version changes in packages or new packages are accepted. Shortly before a Debian release, stable therefore represents the status of about two and a half years ago in terms of software versions.
Supported architectures over time (green: currently supported; red: no longer supported)
Wiktionary: Debian – Bedeutungserklärungen, Wortherkunft, Synonyme, Übersetzungen
A Massive Bitcoin Flash Crash Just Created $1 Billion Of Crypto Chaos
Bitcoin, after surging higher this week, has suffered a flash crash, losing around $1,500 from its price in matter of minutes.
The bitcoin price broke $12,000 per bitcoin on the Luxembourg-based Bitstamp exchange early Sunday morning only to plummet 12% to $10,500 within the hour.
The bitcoin price has now bounced back, somewhat pulling the wider cryptocurrency market with it, to trade at around $11,300—but not before more than $1 billion of bitcoin and crypto positions were liquidated across various exchanges.
MORE FROM FORBESAs The Bitcoin Price Soars, Bitcoin’s ‘Real’ Crypto Market Dominance Is RevealedBy Billy Bambrough
Volatility has returned to bitcoin after months of relative stability, with the bitcoin price … [+] soaring earlier this week only to move sharply lower this weekend.
“In the past 24 hours, 72,422 people were liquidated,” bitcoin and crypto market data provider Bybt said via Twitter, adding the largest single liquidation order, worth $10 million, occurred on the Seychelles-based exchange Bitmex, known for its high leveraged trading volume.
Leveraged trading allows traders to take larger positions with smaller amounts of capital, with the number of bitcoin and cryptocurrency exchanges offering high leveraged trading exploding over recent years. Traders take positions, effectively bets, on where they expect prices to be when their position “closes”—losing their capital if the market goes against them.
This week’s bitcoin price rally has attracted a surge of retail traders to the crypto market, with many bitcoin exchanges reporting year-to-date trading highs as eager investors attempted to catch the upswing.
The cause of the bitcoin flash crash was not immediately clear, however some speculated it could have been caused by so-called “whales” who control large amounts of bitcoin and other cryptocurrencies moving the market. The market is more easily pushed around by whales when trading volumes are lower, such as early on Sunday morning.
“Whales playing,” finance writer and commentator Frances Coppola asked via Twitter.
The sudden move in the bitcoin price, which caused over $20 billion worth of value to be wiped from the combined market capitalization of the world’s cryptocurrencies according to CoinMarketCap data, was watched with combination of shock and awe by the bitcoin and cryptocurrency community.
“Bitcoin is the most ruthless asset in the world,” bitcoin and crypto investor Anthony Pompliano said via Twitter.
“[Bitcoin] hits $12,000 and then drops $1,500 in minutes. Not for the faint of heart.”
MORE FROM FORBESFormer Hedge Fund Billionaire Makes The Case For $20,000 Bitcoin Price By The End Of 2020By Billy Bambrough
The bitcoin price took a sudden dive early on Sunday morning, dragging the wider crypto market with … [+] it and creating chaos for bitcoin traders.
Bitcoin’s rally this week, breaking its near three-month trading malaise, has been attributed global investors seeking low risk so-called safe-haven assets, such as gold—which came within striking distance of hitting $2,000 for the first time this week.
“Bitcoin’s push has been fueled by the drive towards safe-haven assets,” Micah Erstling, trader at bitcoin and crypto market maker GSR, said via email.
“Markets are being driven by ongoing coronavirus concerns, as well as U.S.-China trade tensions, which also helps to explain gold’s meteoric rise. Even then, gold is still up 28% for the year, compared to bitcoin’s 50%. Perhaps bitcoin is fulfilling the narrative of becoming an all-encompassing, risk-on, safe-haven, deflationary asset.”
Author: Billy Bambrough
Apex Crypto News – Japan’s Dormant BTC Trading Accounts Wake up as Bitcoin Price Rallies
Japan’s “dormant” crypto accounts are starting to see activity as Bitcoin breached a critical price resistance level this week. According to the Japanese crypto exchange Coincheck, their trading volume this week has risen by two to three times in comparison to the previous one.
Speaking to a selected number of the Japanese outlets, Yusuke Otsuka, the co-founder of Coincheck explained that existing users who hadn’t traded for a while became active again this week: “Some of our users already have accounts so the initial velocity is high.”
If users already have accounts, they don’t have to take time to go through Know Your Customer check to open new accounts and can resume buying cryptocurrencies immediately. In contrast, those new to the trading platform had to wait for their account to become approved, so there was a time lag before they could start trading. “This time is different”, Otsuka emphasized.
According to Coincheck, the volume of the direct sale this week was twice as big as seen during the previous one, while the demand for the exchange service increased threefold. Otsuka also believes this is correlated with the Japanese Coivd-19 stimulus payments. In April, the Japanese government began distributing 100,000 yen payments — about $930 — to every household.
Moreover, Oki Matsumoto, CEO of Monex Group, a parent company of Coincheck points out the possibility that those who missed buying gold are now interested in Bitcoin. The gold price has surged recently, breaking previous highs while Bitcoin just started breaking the resistance at the beginning of this week.
Matsumoto also commented on the recent development of central bank digital currencies:
“I think David Marcus made a mistake. He should have said it was Facebook Token. Because they said it was ‘the future currency,’ the U.S. government criticized it heavily”.
Matsumoto added that “the role of Libra might be just to open Pandora’s Box and that was it”. Meanwhile, the United States is behind the competition precisely because “they crushed Libra by themselves and could no longer say they would start developing CBDC”, Matsumoto analyzed.
Some industry insiders are worried about American reluctance to move forward with CBDC. Takaya Nakamura, an executive from Japanese crypto exchange Fisco recently claimed that Japan’s role should be to urge the United States to take CBDCs more seriously.