For the industry’s Bitcoin miners, 2020 hasn’t turned out to be the year they had hoped for. With the mining reward cut in half and the price still stuck well below $10k, a rise in price for the king coin would be a welcome change. However, saying so could be deemed to be a simplification...Read More
In an effort to find a temp solution to deal with yesterday’s attack, Twitter has apparently made it impossible for users to post Tweets containing strings of letters and numbers in order to avoid any scam “giveaway” from sharing their cryptocurrency wallet addresses. Something Went Wrong: Twitter Blocks Wallet Addresses Indeed, when I tried to...Read More
Starting today, Coinbase supports Algorand (ALGO) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, convert, send, receive, or store ALGO. ALGO is available in all Coinbase-supported regions. Algorand (ALGO) Founded by cryptographer and Turing award winner Silvio Micali, Algorand aims to solve some of the technical barriers...Read More
On 16 July, many all across the world saw in horror as one of the most sophisticated hacks in recent memory unfolded before their eyes. This episode saw Twitter accounts of many prominent personalities, from Barack Obama to Elon Musk and Warren Buffett, hacked, all advertising a giveaway that was clearly a scam that involved...Read More
Disclaimer: The findings of the following analysis attempt to evaluate the evolving price trends in the Chainlink’s market and its impact At the time of writing, the larger crypto-market seemed to be on its way down. In fact, the price of Bitcoin went down by 1.72%, with the world’s largest cryptocurrency depreciating from $9,198.56 to...Read More
Ethereum was noting a lot of downward pressure on the charts, with its price collapsing from $238.34 to $229.77 within an hour. While at the time of writing, ETH’s price had recovered somewhat, trading at $232.53, the pressure from the sellers continued to linger in the market. Irrespective of the price of the coin, however,...Read More
Yesterday’s fake Bitcoin giveaway scam on Twitter unleashed a series of events and comments from prominent figures. While some spoke against the popular social media platform, others against BTC, a US Congressman stood behind the primary cryptocurrency and blamed it on “centralized control.” US Congressman: Bitcoin Isn’t The Problem As yesterday’s Twitter hack, which unfolded...Read More
Ever since the beginning, when BTC Casino like FortuneJack and others emerged onto the scene of the global gambling industry, it was met with tons of detractors that tried to stop the progress and eliminate the new technology. The first reaction of most of the countries in the world was to block all advancements of...Read More
Binance Coin, Tron, and Digibyte, all of these alts recorded a notable fall in their price over the last few hours, perhaps due to a similar drop in Bitcoin’s price. Regardless, these altcoins, at press time, were nearing strong supports on their charts, from which a bounce can be expected. Binance Coin [BNB] Source: BNBUSD...Read More
Disclaimer: The findings of the following analysis underline the instability of movement in the Bitcoin market, with the same likely to steady itself over the next 24-hours The phrase ‘any publicity is good publicity’ is often subjected to a lot of debate in the digital asset industry, with market sentiment often very quick to flip...Read More
David Rutter, CEO of blockchain firm R3, is independently working on a platform that leverages the distributed ledger technology (DLT) for bond trading. Digitizing the Corporate Bond Market with Blockchain There is no doubt that the bond market is among the largest securities markets in the world, and yet trades are still handled over the...Read More
Ethereum saw a sharp 3% price drop today as it falls to the $230 level. This price decline has put ETH in danger of breaking beneath a rising trend line and turning bearish. Against Bitcoin, Ethereum fell lower from the 0.0263 BTC resistance to reach 0.0253 BTC again today. ETH/USD: ETH Bears Push Into Trend...Read More
It’s no secret that many institutional investors have taken quite a shine to cryptocurrencies and the digital assets market over the past few months. While the likes of Bitcoin and crypto, in general, have benefitted from clearer regulations (In the case of Bitcoin – its safe haven and store of value narratives have gained substantial...Read More
It’s not often the tech, crypto, political, and celebrity worlds converge, but that’s exactly what happened on July 15 after a bitcoin giveaway scam replicated across dozens of major Twitter accounts. From billionaires to entrepreneurs, and from crypto traders to exchanges, high-profile accounts of all kinds were targeted in an audacious hack that’s left Twitter...Read More
The cryptocurrency community was taken by surprise after a giveaway scam perpetrated by hackers took Twitter by storm. However, at the time of writing, the market was yet to register any consequence of note. While many are still speculating over what may have been the intent behind such a stunt, many of the market’s altcoins...Read More
The Bank of Thailand (BOT) is ready to deploy its central bank digital currency (CBDC) to local corporations as part of the third phase of the project’s development. BOT Launches Third Phase of its Digital Currency Project Thailand’s central bank has stepped into the third phase of development of its digital currency, according to The...Read More
Cryptocurrency exchanges hold a very crucial position in the industry. Indifferent to the price of cryptocurrencies in the market, these exchanges generate revenue from the trading fees paid by its users. It’s therefore understandable that there is competition in trading fees offered by exchanges, with lower fees for customers a common trick of the trade....Read More
Many of the market’s altcoins shared a brief period of correction on the charts, with Ethereum, IOTA, and Dash all noting a minor decline in price over the past 24-hours. While the latest crypto-giveaway scam on Twitter, one involving Bitcoin and a host of famous personalities, brought a little bit of attention to cryptocurrencies, it...Read More
The news broke yesterday on the Twitter scam that targeted some of the biggest accounts in the cryptocurrency industry. It turns out that the crypto field was not the target, but Bitcoin was the preferred means of payment for the hackers. As CryptoPotato reported, multiple accounts were hacked with a message promising that if users sent...Read More
Tezos, the 13th largest cryptocurrency in the market, is the latest altcoin to note amazing returns, with XTZ surging by 46% in less than 2 weeks. At press time, XTZ’s market cap stood at $2.36 billion, with the crypto positioned right below EOS on the charts. Tezos weekly price chart With the price of altcoins...Read More
Although Bitcoin received massive attention yesterday while hackers exploited almost every world leader’s Twitter accounts, the asset price refuses to move outside of its comfort zone of approximately $9,200. The altcoin market, though, remains volatile – Chainlink reached a new all-time high yesterday, Tezos next? Twitter Hack Can’t Shake Bitcoin All eyes were on the...Read More
