BitMEX, the world’s largest exchange in terms of reported volume, has announced its support for Bech32 address format. Users will now be able to withdraw Bitcoin via the native SegWit format. The exchange announced, “As of today, BitMEX is delighted to announce that customers can withdraw to all three address formats.” At press time, BitMEX...Read More
After seeing a huge fall in valuation in 2018, the cryptocurrency market has nearly tripled in valuation this year. Major tech companies around the world have explored the possibility of using cryptocurrencies to improve and secure their transactions. Cryptocurrency also finds its applications in the gambling industry and it can be used by Omnia UK...Read More
Vatom-powered development platform BLOCKv have partnered with ice cream company Ben & Jerry’s to celebrate the company’s 10th birthday in Australia, and host a virtual ice cream hunt. 7th December, Zug, Switzerland – In an effort to deliver a new and exciting experience for Ben & Jerry’s fans in Asia-Pacific, BLOCKv and Ben & Jerry’s...Read More
Conventional online freelancer platforms suffer from a series of major deficiencies. The right blockchain implementation can solve these, offering advantages for employers and workers alike. In the highly connected world in which we now live, we take certain things for granted. Almost any piece of information we might need is right at our fingertips. We...Read More
Bitcoin and crypto derivatives behemoth BitMEX is being sued for $300 million for providing false equity information to a couple of early investors. According to recent reports, BitMEX is in hot soup, and so is the exchange’s founder, Arthur Hayes. The bitcoin futures company and its founder are facing a $300 million lawsuit, which accuses...Read More
“We are not a regulated entity because we are… And I don’t think the network layer should ever be regulated,” said Denelle Dixon, CEO and Executive Director of the Stellar Development Foundation. Both Ripple and Stellar have explored ways to make cross-border payments easier. While the former has repeatedly called for an international framework for...Read More
According to a recent press release from IDEG Investment Limited, “Asia’s First Bitcoin Trusts” have been launched “as a traditional and comfortable way for ‘old money’ to invest in digital assets.” The two trusts, Asia Bitcoin Trust I and Atlas Mining Trust I, reportedly allow for investors to gain wrapped exposure to bitcoin and to...Read More
The US subsidiary of the Malta exchange Binance is all set to expand and add support to 18 new tokens. The Binance.US team has added 25 tokens till now since its inception. And new tokens are to be added. Among the tokens listed on the platform are Bitcoin (BTC), Ethereum (ETH), XRP, Litecoin (LTC), Bitcoin...Read More
Twitter CEO is on a mission to decentralize the web. In a series of tweets on Wednesday, Jack Dorsey put forth his view of revolutionizing social media, starting with Twitter itself. Twitter is funding a small independent team of up to five open source architects, engineers, and designers to develop an open and decentralized standard...Read More
BitMEX is delighted to announce that customers can now withdraw bitcoin to the Bech32 (native SegWit) address format. This upgrade is effective immediately. Bech32 Technical Details Bitcoin currently has three address formats: Address Format Example Address Pay to Public Key Hash (P2PKH) Bitcoin’s original address format Addresses starting with the number 1 19CPBGKkxj4iPyfLu6E3Wboydopqs6U2GE Pay to...Read More
One of the most popular Bitcoin margin trading exchanges, BitMEX, and its founder, Arthur Hayes, are being sued as per a recent report. The case is for $300 million, and it has been brought up by an early investor, who says he has been stiffed by the company. Law Case Against BitMEX For $300 Million...Read More
Bitcoin price is declining and it is now trading below the $7,200 support against the US Dollar.The price is likely to struggle near the $7,200 and $7,280 levels if it corrects higher.There is a key bearish trend line forming with resistance near $7,190 on the hourly chart of the BTC/USD pair (data feed from Kraken).The...Read More
The total crypto market cap is declining and struggling to stay above the $188.0B support.Bitcoin price is down more than 2% and it broke the $7,200 support area.Litecoin (LTC) price is declining and approaching the $43.20 support area.BCH price is somehow holding the main $200 support area.EOS price is sliding and it seems like it...Read More
It has been another miserable week for Ethereum as prices continue to erode. Further declines today have left the world’s second largest crypto asset in danger of hitting a nine month low. Decentralized finance (DeFi) markets are in an opposing trend with continued growth in the sector.Ethereum Hits $140Ethereum is still deep in a two...Read More
China has been confronted with multiple economic and financial problems this year amidst an ongoing trade war with the United States. Authorities in Beijing have been trying to overcome the challenges with administrative measures in what has become a market economy over the years. And it’s backfiring. Inflation of the yuan just rose to its...Read More
Ripple price is declining and it recently broke the key $0.2200 support area against the US dollar.The price is likely to face hurdles near $0.2200 and $0.2240 in the near term.Yesterday’s key bearish trend line is intact with resistance near $0.2200 on the hourly chart of the XRP/USD pair (data source from Kraken).The bears are...Read More
Crypto markets are depreciating for another day as Bitcoin fails to gain any traction. Volatility appears to be returning as a big spike triggered a lot of liquidation a few hours ago. The overall picture is still very bearish though.BitMEX Bitcoin Manipulation CallsThe slow grind down has continued this week but some spurious action on...Read More
Ethereum is down more than 2% and it broke the $142 support area against the US Dollar.The price is currently correcting higher, but it could face hurdles near $142 and $144.Yesterday’s major bearish trend line is active with resistance near $145 on the hourly chart of ETH/USD (data feed via Kraken).The price remains in a...Read More
The Stellar Development Foundation won’t be airdropping 2 billion in Lumens after all. In a blog post yesterday, Keybase and the Stellar Development Foundation announced the cancellation of its 2 billion Lumens airdrop program after getting attacked by “hordes” of fake accounts. “This month will be our last of the Stellar Space Drop. On the...Read More
For exchanges, supporting new tokens, forks, and token airdrops has become part of everyday operations. Binance users will be pleased to hear that the exchange will support the ETHBNT airdrop for Bancor holders. No one will ever say no to free airdrop tokens, even if they might not be all that valuable at first. Another...Read More
Some surprising cryptocurrency news has come out of Germany this week. It now appears banks in the country prepare to embrace digital assets in every way possible. The first bank openly pledging support is SolarisBank. A Smart Move by SolarisBank The company confirmed it will launch a digital asset custody service for all of its...Read More
For over a year now, the Simple Ledger Protocol (SLP) token universe has grown quite vast. There are now more than 6,000 SLP tokens in existence and a number of SLP tokens have seen price discovery. Moreover, tokens listed on our SLP market capitalization aggregator show in the last two months SLP valuations have doubled....Read More
