Hackers have compromised “almost 2,000” Robinhood Markets Inc trading accounts in the recent cyberattacks spree that have stolen funds from crypto users, according to anonymous sources who provided the estimated figures. While Robinhood has not yet made the news public, it did however send a push notification to its users this week that encouraged them...Read More
Bitcoin has endured long periods of consolidation and bursts of strong volatility over the course of 2020. One of its more notable achievements saw BTC break yet another key barrier – the $11K resistance. However, as was the case the last few times, the most recent example of the cryptocurrency breaking the $11K-mark saw BTC...Read More
Cryptocurrency exchange Coinbase announced today that it would sponsor at least two Bitcoin developers, who contribute directly to the Bitcoin Core codebase or closely associated Bitcoin projects, through the exchange’s new grants dubbed Crypto Community Fund. Coinbase said it would make the final selections after current Bitcoin Core developers and “important” community members shortlist the...Read More
As mentioned in a previous article, Litecoin‘s price has followed through with a bullish breakout. This changed the previously ambiguous situation into a bullish one. A deeper look into Litecoin’s price movement and indicators will reveal what the bulls/bears have in store for LTC. Litecoin 1-day chart Source: LTCUSD on TradingView The one-day chart for...Read More
On Monday October 19, transfer WBTC into your Coinbase Pro account ahead of trading. Support for WBTC will be available in all Coinbase’s supported jurisdictions, with the exception of New York State. Transfers will open during business hours, Pacific time. One of the most common requests we receive from customers is to be able to...Read More
When we talk about the accumulation of crypto-assets, only one corporation comes to mind this year – Grayscale Trust. In 2020 alone, Grayscale has accumulated more than 300,000 BTC, while also introducing a new digital asset trust associated with Litecoin. In fact, according to reports, the firm has registered over $1 billion in inflows in...Read More
A 40-years-old man from Auckland has been arrested because of an alleged money laundering scheme he orchestrated. He has been served with multiple charges, amongst which dubious cryptocurrency transactions and purchases of luxury goods. Thousands Of New Zealand Dollars To Buy Cryptocurrency According to a recent news report, the arrested man faces a pile of 30...Read More
New Zealand police have arrested a 40-year-old resident for money laundering charges today, which include thousands of dollars worth of cryptocurrency. The unnamed resident from Auckland was granted interim name suppression by Community Magistrate Dianne Hale. He faces 30 charges, some of which allege that he laundered funds by purchasing luxury cars and property as...Read More
Polkadot has struggled somewhat to record a surge in price after the DeFi craze died out. However, the cryptocurrency seems to have good potential for a scalp, but the bulls need to pull through for the same as this pump isn’t going to be easy. At press time, DOT was barely holding above $4, and...Read More
By Manish Gupta, EVP of Engineering As part of our Crypto Community Fund, Coinbase plans to sponsor at least two Bitcoin developers, who contribute directly to the Bitcoin Core codebase or closely associated Bitcoin projects. We are beginning our search for grant recipients starting today. We believe helping to connect and grow the cryptoeconomy is...Read More
Libra Association, the independent member organization, which is overseeing Facebook’s Libra project, has appointed former HSBC executive Ian Jenkins as the Chief Financial Officer and Chief Risk Officer of Libra Networks, the Association’s subsidiary. Back in September, the San Francisco-based venture firm, Blockchain Capital joined Libra Association to advise on the Association’s creation of its...Read More
For Ethereum, the world’s second-largest cryptocurrency, 2020 has been fairly promising. While its transition to Proof of Stake continues to be plagued by delays, the altcoin has performed rather well on the price charts. At press time, Ethereum was being traded at $376, with ETH’s price seemingly aided by strong hodling sentiment within the Ethereum...Read More
While the altcoin Enjin continued to record losses as it fell below crucial support levels, Waves remained bullish after it recorded heavy buying pressure on its trading charts. Cardano, on the contrary, could repeat its bullish trend from a few days ago. In fact, Enjin was seen forming a bearish rectangle pattern, one that might...Read More
With a press time price of just over $11,300, Bitcoin was attempting to head towards its next high on the charts. In fact, at the time, BTC’s price was nearly 8% higher, when compared to the same a week ago, with 88% HODLers sitting on unrealized profits. With the price climbing, HODLers are spending their...Read More
Coinbase Custody now supports Filecoin (FIL). As announced in April, we are proud to continue adding support for the assets our clients care about. Adding at-launch support for Filecoin is another step toward achieving Coinbase’s mission to create an open financial system for the world. Filecoin is a decentralized storage network and marketplace designed to...Read More
Ripple kicked off its much-anticipated Swell conference on 14 October, with the event highlighting the blockchain firm’s various products and services while also bolstering Ripple’s vision of financial inclusion. On the second day, in an effort to add to this vision and contribute to economic empowerment globally, Ripple announced a $10 million contribution to Mercy...Read More
XRP/USD – Bears Push XRP Into 100-days EMA Key Support Levels: $0.24, $0.237, $0.23.Key Resistance Levels: $0.251, $0.261, $0.271. XRP was performing well this week as it attempted to surge higher after bouncing from a rising trend line at the start of October. It managed to reach as high as $0.26 over the past few...Read More
Polkadot announced that a new trustless wrapped Bitcoin – PolkaBTC- will be released on its blockchain in early 2021. This will be Polkadot’s first trustless wrapped Bitcoin which the platform deemed as a critical step toward an interoperable ecosystem. The tokenized bitcoin, which will enable users to mint 1:1 bitcoin-backed assets onto Polkadot, is being...Read More
As per the Special Reporting Act, income tax laws will be applicable to cryptocurrency ownership in South Korea, as of October 2021. However, the provisions of the Act have come under a lot of fire recently. The latest to fire a salvo is the Korean Blockchain Association (KBA) after it voiced its vocal opposition to...Read More
Polkadot is one of the biggest cryptocurrency projects, currently ranked eight in terms of total market capitalization. Now, the team has revealed that trustless wrapped Bitcoin will come to its ecosystem in early 2021 through Interlay – a framework designated to allow permissioned and permissionless blockchains to connect and interact. Polkadot’s BTC-Relay Effort Known as...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice After testing the resistance level at $11,731 on 13 October, the prevailing market trend took the world’s largest cryptocurrency well below $11,500. While the movement in question should have been minor, later corrections took...Read More
Tezos has been on a recovery run since its price plummeted by close to 35 percent in the first week of September. While its price performance from a few months back seems like a far cry now, during the course of the past week, the coin managed to rake in the gains. However, is the...Read More
Twitter chief Jack Dorsey has urged his followers to donate Bitcoin to support the protest over police brutality in Nigeria. Earlier today, Jack Dorsey, CEO of Twitter and Square, showed his support for the ongoing #EndSars protest over police brutality in Nigeria. Dorsey, a Bitcoin proponent, encouraged Bitcoiners to make BTC donations towards the fight...Read More
Digital Dollar’s Pivot Programs The digital dollar is a project in collaboration between Accenture and the Digital dollar foundation to explore the real-time use cases of the project. Recently, collaboration proposed as many as 9 distinct programs in order to identify opportunities to test and assess the main features of digital dollars. The proposal contained...Read More
Ethereum has been the market’s most important altcoin over the years, with the cryptocurrency continuing to be closely correlated to Bitcoin. In fact, Ethereum was one of the year’s better performers on the back of the DeFi boom earlier this year. However, contrary to expectations, ETH’s value seemed to be back on track at press...Read More
The overall bullishness in the crypto-market seemed to be cooling off, at the time of writing, with the market’s movements mirroring Bitcoin’s bearish trading setups over the previous week. That’s not all, however, as quite a few of the market’s altcoins were picking up on Bitcoin’s bearishness, with the likes of EOS, Ontology, and Maker...Read More
The deadline for submitting a rehabilitation plan for reimbursing Mt. Gox creditors has been delayed once more – this time to December 15th, 2020. As CryptoPotato reported before, the Tokyo District Court had issued an order indicating that the submission deadline was until October 15th. Nobuaki Kobayashi, the Mt. Gox rehabilitation trustee who has been...Read More
A week after the launch of EOS, Litecoin, and Polkadot Perpetual Swaps, Bitfinex has announced the launch of a new yield product. Bitfinex users can now begin to earn rewards on their crypto-holdings following a new partnership with Celsius Network. The integration in question will allow customers of the exchange platform to create a wallet...Read More
Ethereum investors prefer to HODL their assets, according to recent data. About 60% of all ETH tokens haven’t moved in at least one year. The question remains how and if this trend will change in the following months after the launch of the long-anticipated Ethereum 2.0, enabling investors to stake their ETH holdings. ETH Investors...Read More
Abstract: In this short piece, 100x Group grantee Calvin Kim provides a quick update on the development of the Utreexo implementation. Calvin is now looking forward to focusing on performance, integration with existing Bitcoin implementations, and adding robust tests to the codebase. Last year, when my first PR was merged, the Utreexo project was just...Read More
