December 15, 2019

Litecoin’s active address chart shows signs of dusting attack

Unlike privacy coins, cryptocurrencies like Litecoin do not have inbuilt privacy features. MimbleWimble via extension blocks is yet to be implemented. In the absence of new cryptographic obfuscation methods, the network becomes vulnerable to malicious activities such as dusting, where hackers and scammers try to break the privacy of cryptocurrency users by sending tiny amounts...
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FoPay Bought AliExchange for 1 Million FOIN

Cryptocurrency Wallet service provider, FoPay announced today that it has acquired Cryptocurrency Exchange, AliExchange in a deal worth 1 million FOIN. FOIN’s 30 days average price is approximately USD2,100, making this acquisition valued at about 2.1 Billion USD. AliExchange is a new Cryptocurrency Exchange based in Tallinn, Estonia. It began operations in March this year...
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Exactly One Year Ago Bitcoin Price Nailed 2018 Bear Market At $3,122

It’s been a wild couple of years when it comes to Bitcoin’s price. There’s no denying that. Interestingly enough, though, December seems to be an essential month for Bitcoin. Back in December 2017, the cryptocurrency hit its all-time high of around $20,000. Precisely on this day a year ago, in December 2018, the market had...
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Bitcoin.com Exchange Lists More Tokens for Trading

Bitcoin.com Exchange was launched in early September 2019 as an easy-to-use platform with world-class security and a powerful trading engine. The venue has rapidly expanded its roster and now offers 27 different digital tokens for users to trade. Two of the latest additions to the exchange are ACD and HEX. Also Read: Gocrypto SLP Token...
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Lightning Network (Part 5) – BitMEX Research Launches Penalty Transaction Alert System

Abstract: ForkMonitor has launched a Lightning Network penalty transaction alert system, available at https://forkmonitor.info/lightning. Unfortunately, it is possible the alerts could be manipulated, for instance by users artificially generating this transaction type on two nodes they control. On the other hand, our new alert system should capture every failed theft attempt on the Lightning Network,...
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Venezuelan govt to airdrop 0.50 Petro to citizens

Venezuelan government has been working on a state cryptocurrency named Petro which is supposedly tied to the price of the oil. In the latest development, eligible Venezuelan citizens will receive 0.50 Petro token from the government. President Nicolás Maduro announced that whoever wished to receive the giveaway amount, which is equivalent to $30, must register...
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The DEX Top 10: Crypto Briefing’s Decentralized Exchange Picks

Every time an exchange is hacked, it seems a DEX springs up. Although these decentralized exchanges have advantages, it can be difficult to find the best one. Here are our top 10 recommendations. DEXes seek to execute the same scale as centralized alternatives without a central authority ⁠—  or engine ⁠— to execute trades. Like...
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Indian Lawmaker Says ‘Cryptocurrency Is Inevitable’

Indian Parliament member Dr. Subramanian Swamy has shared his view on cryptocurrency. Advocating for India to make the transition to crypto, he reportedly said, “cryptocurrency is inevitable.” The lawmaker will chair a conference at the UN India’s headquarters next week where issues surrounding cryptocurrency in the country will be discussed. Also read: Regulatory Roundup –...
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Bitcoin Price Still Has Potential to Dive to $5,500, Yet Macro Uptrend Still Intact

Last week, the one-week Bitcoin chart printed an extremely bullish sign: the golden cross of the 50-week and 100-week simple moving averages, with the former crossing above the latter. (As an aside, a golden cross is when a short-term moving average crosses over a long-term one to imply bulls have control.)While this is a decidedly...
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Bitcoin Weekly Forecast: BTC Trend Overwhelmingly Bearish

After struggling to recover above $7,300, bitcoin price started a fresh decline against the US Dollar.The price is currently trading in a bearish zone just above the $7,000 support area.There is a key bearish trend line forming with resistance near $7,260 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The price is...
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BitDeer celebrates 1 year anniversary with big giveaway

As BitDeer‘s first anniversary approaches on December 12th, the computing power-sharing platform is launching a week-long promotional event with exclusive prizes scheduled for the community to celebrate. Since its establishment in late 2018, BitDeer has gained worldwide recognition for its successes in providing the most reliable and transparent computing power-sharing platform on the market. On...
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Ethereum Price Weekly Forecast: ETH Primed For More Downsides

ETH price is trading in a bearish zone below the $142 and $146 resistance levels against the US Dollar.The price is declining and it seems like it could continue to drop below $140.There is a major bearish trend line forming with resistance near $142 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair...
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Venmo Users Still Can’t Link PNC Bank Accounts Properly

Trouble appears to be brewing in the finance industry. Venmo and PNC Bank are in a spat regarding some complaints by users. For a while now, PNC customers have had issues when linking their bank accounts to Venmo. Venmo and PNC Continue to Bicker Although this could be  a temporary bug, the situation deteriorated quickly....
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European AML Directive Pushes Crypto Startup Bottle Pay Out of Business

Bottle Pay, a cryptocurrency payments provider from the U.K., has announced its decision to cease operations by the end of the year. Despite attracting some serious funding and expanding its user base significantly in the past few months, the company has found it unacceptable to continue to work under the upcoming EU regulations. AMLD5, the...
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South Korea Will Research Central Bank Digital Currencies

South Korea is an important region when it comes to cryptocurrencies. It now appears the country’s central bank wants to begin researching central bank digital currencies in the near future.  Numerous countries see merit in creating national digital currencies. More Central Bank Digital Currencies are Coming Such projects are often referred to as central bank...
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XRP Price Ready to See Strong Move; What Are Analysts Thinking?

While all eyes have been on Bitcoin as of late, it may be time to pay XRP some heed. A top analyst recently noted that the popular altcoin is on the verge of seeing a bout of strong volatility, with the tug-of-war between both bulls and bears heating up on both sides, creating tighter and...
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Bloxroute Releases Blockchain Distribution Network for Ethereum and Bitcoin Cash

On December 3, the crypto software firm Bloxroute’s cofounder, Eyal Markovich, announced the launch of the startup’s Blockchain Distribution Network (BDN) Version 1. Markovich explained that the BDN V1 release is a milestone for the company and the scalability service aims to enable exponential blockchain scaling by propagating blocks and transactions faster. Also Read: 23...
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Bitcoin (BTC) $ 95,378.55 2.12%
Ethereum (ETH) $ 3,273.97 2.46%
Tether (USDT) $ 0.999868 0.04%
XRP (XRP) $ 2.20 1.66%
BNB (BNB) $ 648.18 2.18%
Solana (SOL) $ 179.87 1.17%
Dogecoin (DOGE) $ 0.3126 3.14%
USDC (USDC) $ 1.00 0.10%
Lido Staked Ether (STETH) $ 3,266.90 2.67%
Cardano (ADA) $ 0.885476 2.70%