The cryptocurrency market reined in its excitement today, with a noticeable correction from yesterday’s market-wide rally. Bitcoin lost 200 points but is continuing to maintain its strong market dominance at 70.50%. Altcoins are suffering, with notable losers including BNB(-4%), LINK(-4.84%) and ATOM(-6.66%), while the rest of the top-50 show losses between one and three percent....Read More
Many tech companies jealously guard their inventions, but there are few secrets in the blockchain space. Vitalik Buterin says it is “fine” for Polkadot (DOT) or other rival blockchains to borrow from Ethereum’s technical implementations and code. The Ethereum co-founder said that an open developer space will allow ETH developers to benefit from Polkadot, as...Read More
The cryptocurrency ecosystem isn’t averse to cases of serious financial crimes, including hacks which have often plagued cryptocurrency exchanges around the world. One of the largest hacks in the crypto-ecosystem was recorded by Mt.Gox exchange back in 2014, with the exchange losing over $450 million worth of digital assets. However, the Mt. Gox episode was...Read More
Hopes for an upcoming altcoin rally are getting fainter by the day. Institutions are continuing to drive the cryptocurrency market, according to new data, and they’re almost entirely focused on Bitcoin (BTC). Even prominent altcoins, such as Ether (ETH) and XRP, may fall by the wayside. That’s the takeaway from a new metric by sentiment...Read More
The second-largest fantasy sports provider Fanduel has revealed customers can make deposits on the platform using cryptocurrency. Fanduel members can now top up their accounts with BCH or BTC via the digital currency payment provider Bitpay. Also Read: More Than 70 Projects and Applications Built Around Bitcoin Cash Fanduel Adds Bitcoin Payments via Bitpay Fantasy...Read More
Altcoins will return to prominence as Bitcoin market cap share is bound to decrease, cryptocurrency exchange Binance has stated. Binance: Bitcoin Dominance ‘Sticking Around’ In its latest bulletin which went live on September 4, Binance Research, the exchange’s analytics arm, repeated claims made in July that Bitcoin’s current market dominance would not last indefinitely. Officials...Read More
The correlation with bitcoin price is becoming obvious. | Source: Shuttertock Bitcoin (BTC) started this week off in good spirits, citing an impressive rise of around 8%. Interestingly, analysts are attributing some of this action to the close of the Chicago Mercantile Exchange (CME). Bitcoin’s 8% rise this week which left a gap in the...Read More
The last 3 weeks have been anything but fruitful for XRP’s valuation in the market. On 14 August, XRP breached its long term support of $0.291 and the price recorded its year-to-date low. At press time, the token had depreciated by 11.22 percent over the last three weeks and XRP’s price was at a low...Read More
The Zao app which is capable of swapping faces from video clips shot to the top of the app store shortly after it was released, pulling in millions of downloads. Now, concerns have been raised about possible use of the app for negative propaganda. A new Chinese mobile deepfake application that allows users very easily...Read More
Bitcoin has had a volatile year and the clouds are gathering for stormy end to 2019. | Source: Shutterstock Too many people focus on bitcoin’s wild highs and fluctuating daily price. A better metric to look at is the monthly low points. By tracking the lows, you see the steady accumulation of bitcoin. This is...Read More
A recently reported attack on the Bitcoin Cash network is causing a lot of confusion among the community. Some bizarre goings on with BCH transactions are raising questions about its viability as an alternative method of finance. Malicious Miners Or Something Else? A major influx of transactions recently recorded on the Bitcoin Cash network has...Read More
Huobi has announced the 6th IEO on Huobi Prime, featuring Whole Network’s NODE token and the Acute Angle phone. Whole Network is a Chinese company which developed an Android-based blockchain phone, with a wide range of features developed for cryptocurrency traders. The device incorporates programmable price alerts that work even when the phone is locked,...Read More
With big-league financial institutions finally realizing the importance of cryptocurrencies, the Norwegian Bank has also joined the bandwagon. The bank is in the news after it took a step forward by investing in Norwegian Block Exchange, an exchange that was founded by local business magnate, Bjørn Kjos. According to reports, Sparebanken Øst has paid 15...Read More
Photo: Accion / Instagram Accion has just announced new funding for inclusive fintech startups to the tune of $23 million. The funding was raised through Accion Venture Labs, the company’s seed-stage investment division. Specifically, Accion Venture Labs will be increasing its entire capital base by $33 million, with an extra $10 million coming as a...Read More
BitMEX has released pretty damning evidence on Twitter today that Binance has plagiarised a vast majority of its bitcoin futures documentation. Binance Caught Red Handed BitMEX highlighted the similarity between the documentation for Binance’s Bitcoin Futures platform (currently in testing), and its own, on Twitter. “Congrats on the Testnet Futures launches Binance,” read the tongue-in-cheek message....Read More
While Bitcoin price makes a comeback, XRP community investors warn Ripple overselling the XRP tokens as part of the company’s investments. After last week’s poor performance, Bitcoin is back in action swinging above $10,500 levels. Bitcoin price started gaining momentum since Monday, September 2 and added $1000 over the last 24 hours. The Bitcoin price...Read More
Huobi plans to dive into the hardware applications market introducing an affordable blockchain smartphone, Acute Angle, which will come with a built-in crypto wallet and a plethora of other crypto products. Huobi plans to dive into the hardware applications market for the first time. This announcement will take place on September 11 during the sixth...Read More
Android 10 is now rolling out to Pixel phones and it introduces dark mode, new accessibility features, battery saving features and improved notifications. However, it can’t be expected to be seen on non-Pixel phone soon. In the sea of the newly released gadgets and their announcements, one thing is sure – if you have Google...Read More
Ripple has been regularly making headlines, with many in the XRP community threatening a hard fork if Ripple’s board continued to dump Ripple’s native token. The San Francisco-based blockchain firm is in the news again after Ron Hammond was appointed as the Manager of Government Relations at Ripple. He was previously a part of the...Read More
While bitcoin has been steamrollering everything else in the land of altcoins, some are going to extreme measures to manipulate their own token prices. Ripple’s recent transfer of 500 million tokens from its escrow wallet is one example, but how will it affect the price of XRP. Ripple Dumping More XRP According to a tweet...Read More
As the trade war between the U.S. and China continues to rage, US stocks including the Dow Jones, Nasdaq and the S&P 500 are currently taking a hit affecting retail stocks with no current hope for recuperation. The fires heating up the trade war between U.S. and China which has been going on for quite...Read More
California’s state Senate is set to vote on Assembly Bill 5 that, if passed, could be financially ruinous for Uber and Lyft, which stock is already experiencing hard times. Stocks of Uber and Lyft fell to their new lows yesterday what seems to be their lowest point since their IPO. The thing is, each day...Read More
This is how blockchain can change the way investors buy into real estate value, and allow for the proliferation of real estate investments. It seems that all one has to do these days to see something about blockchain technology is go online. Nearly every major news portal and tech website has had a number of...Read More
Franklin Templeton wants to have a go at using cryptocurrencies as a tool for investments in a new fund. This will mainstream cryptocurrencies in general and Stellar in particular. Is this the beginning of the big bang we have all been waiting for? While it may sound like something surreal, Franklin Templeton Investments, which is...Read More
An illegal crypto mining operation involves hijacking multiple internet cafes, bribery and some 100 million yuan in crypto. | Source: Shutterstock Fifteen Chinese individuals have reportedly been arrested for their involvement in an illegal cryptocurrency mining operation that hijacked the bandwidth of scores of internet cafes to mine approximately 100 million yuan (nearly $14 million)...Read More
Elliptic, a blockchain analytics firm, has steered the attention of the crypto-community after it raised $23 million for tracking cryptocurrencies. By delivering these tracking services, the firm claims to empower financial institutions by helping them distribute and deliver trusted services across the cryptoverse. With Asia emerging as the epicenter of blockchain and cryptocurrency development, Elliptic...Read More
Arguably set to become the world’s biggest Bitcoin Cash conference yet, Bitcoin Cash City kicked off today in sunny Townsville, North Queensland. The city is not only colorful, friendly, and home to some very beautiful coastline, it’s also shock-full of opportunities to use Bitcoin Cash for everyday living. As such, it’s well-suited to promoting a...Read More
VanEck and SolidX are reportedly selling a “limited version” of a bitcoin ETF after every BTC ETF proposal has been rejected by the SEC. | Source: Shutterstock Primarily targeting institutional investors, VanEck and SolidX are reportedly selling a “limited version” of a bitcoin exchange-traded fund (ETF) after every bitcoin ETF proposal has been rejected by...Read More
The use of Bitcoin, the world’s largest cryptocurrency, for unlawful purposes does not seem to stop after the case of a Chinese student, Ye Jingwang, being kidnapped for ransom emerged. The kidnappers demanded a ransom of 80 BTC. With the king coin crossing the $10,000 mark, illegal activities have also surged. Just recently, a man...Read More
On 2 September, 2019, Crunchbase News posted an article citing data that highlighted decreasing investments in cryptocurrency and blockchain-related ventures this year. Despite considerable recovery from the lows of late-2018, investors don’t seem to be as enthusiastic about cryptocurrencies, when compared to previous years. This year, the rate of blockchain and cryptocurrency deals is slower...Read More
