This extended bear market that crypto is currently caught in seems to be never-ending. Since December for 2017, the market as a whole has lost more than half of its total value. Is this simply the large correction most traders should expect after a meteoric rise like we saw the end of last year?
In the last year, it seems that a new pattern has been emerging. CEOs from some of the largest most respected companies in the world are suddenly leaving their positions. And more shocking than them leaving these 6-7 figure positions is the companies they are leaving them for. Startup cryptocurrencies and blockchain development companies have been picking them up left, right and center. Most of these companies, which are sometimes less than 5% the size of the companies being left, are drawing more attention than their mainstream counterparts could ever hope to. A cursory Google search shows in the last week there have been more than 10 reports, of 10 different CEOs all dropping their positions to join the blockchain....
With over 500 different ERC20 tokens now in circulation, they have become a driving force on the Ethereum blockchain. But how secure are these tokens? Are they a safe way of storing value? Are they exploitable to would-be hackers? All of these are questions that one company is trying to answer.
It has been an exciting day for Ethereum so far, early this morning it moved past its hard resistance price of $700 and has continued to climb. As of writing this article, it is currently sitting around $770/coin on several large exchanges, including the Binance.