July 12, 2019

Hacked: Bitpoint Exchange Loses $32 Million, Here’s What Went Down

Japanese cryptocurrency exchange Bitpoint has joined the long list of platforms that have lost millions to hackers. The exchange published a notice on its website, confirming “unauthorized outflow of virtual currency,” leading it to shut down operations pending the outcome of an internal investigation. It all started when Bitpoint customers noticed the exchange had stopped...
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Trustless Trading: KyberSwap DEX Activates Non-Custodial Limit Orders

KyberSwap, the decentralized exchange backed by the Kyber Network, is angling to make its feature-rich DEX that much richer. On July 12th, Kyber’s builders announced the arrival of non-custodial limit orders on KyberSwap. The capability allows traders to set up trades to buy or sell a given cryptocurrency when a specific price is hit, all...
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Busted: Spanish Drug Gang Who Laundered $10 Million With Bitcoin ATMs

Bitcoin automated teller machines (ATMs) are becoming increasingly used in today’s world. As of the time of writing this, there exist over 5,000 of these machines worldwide, up from 1,000 in 2017. While most of them seem innocuous, sitting mostly unused at the corner of coffee shops and gasoline stations, a new report from Spanish...
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Litecoin Price Analysis: LTC Recovers, Rising Wedge Forming

The price of Litecoin has recovered by a significant amount and with the price still being in an upward trajectory. Further upside movement would be expected but would only be corrective as another drop after its completion looks likely. Rising wedge pattern started forming Interaction with the $109.356 level would be expected before another downturn....
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Miami Dolphins NFL Team Adopts Litecoin as “Team Cryptocurrency”

Crypto markets are back, and you know what that means: industry startups and projects joining hands with corporate giants. Most recently, Litecoin (LTC) has been adopted by a major American sports club. Starting in the upcoming National Football League (NFL) 2019 season, the original Bitcoin fork will be the “official team cryptocurrency” of the Miami...
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Russia Postpones Cryptocurrency Regulations till End of Year

Yet again, Russia has postponed the bill to regulate the cryptocurrency sector to a later date, further making the future of cryptocurrency uncertain. According to reports, the legislature pushed forward the bill, because members of the house were yet to agree on the state of the virtual currency in the country. Although the country seems...
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Trading Cryptocurrency with AvaTrade: Everything You Need to Know

Crypto trading is moving into the mainstream. AvaTrade is a full-service broker that has great cryptocurrency trading options. Depending on how you trade, and your crypto investment goals, AvaTrade could be the perfect broker for you. AvaTrade is primarily a CFD broker. CFD stands for ‘Contract For Difference‘ and CFDs are a form of derivative....
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What is Omniring? Progressively Improving Anonymity With Privacy Coins

Threats to privacy are continually evolving in the digital realm, from instances of expedient KYC/AML practices of cryptocurrency exchanges to the potential danger of enhanced surveillance capitalism under Facebook’s recently unveiled Libra. Where centralized institutions suffering from an agency problem cannot be trusted to place a premium on user privacy (e.g., Facebook and Cambridge Analytica), the...
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Price Watch: Bitcoin, Ethereum, Ripple & EOS Price Analysis 12th July

Bitcoin price extended gains towards the $13,000 level, but failed to continue higher. BTC/USD started a significant decline and broke the key $12,000 support. The price is now approaching the next key support at $10,500, where the bulls might take a stand. More importantly, there were heavy losses in major altcoins such as Ethereum (ETH),...
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