Bitcoin price fell sharply on Thursday’s trading to land around the $9,500 level. | Source: Shutterstock By CCN Markets: The bitcoin price crumbled overnight, breaching the psychological barrier of $10k and dropping as low as $9,334 on Coinbase. The fall marked a nine percent collapse in a matter of hours, wiping out a total of...Read More
Malta-based cryptocurrency exchange, Binance, has been in the news all month for a host of reasons. The exchange had a rough beginning to the month after the exchange’s old KYC data was leaked on a Telegram group. However, the exchange has managed to keep the community informed with a series of positive developments in its...Read More
Coin burning is a method by which cryptocurrencies keep their market value high and attempt to offset inflation. When a large portion of a coin’s supply is removed, that coin experiences heightened demand, and as a result, the coin’s price goes up. At least, that’s how it works in theory. In practice, any price increases...Read More
Nutanix, which is a leading enterprise cloud computing company, announced their new Q4 and fiscal 2019 financial results. Soon after the company’s stock price shot up to even 15%. Nutanix, a company which operates in the cloud computing industry, announced their Q4 Fiscal 2019 Financial results. It beat all the expectations that the financial experts...Read More
Coinpedia had reported about Bakkt’s Futures Launch. Intercontinental Exchange‘s (ICE’s) Bakkt platform has tweeted about Bakkt’s Warehouse starting this Sept 6. Bakkt’s Warehouse will offer secure storage of customer bitcoin to prepare Bakkt Bitcoin Daily & Monthly Futures launch on Sept 23. Moreover, the platform will enable the physical delivery of Bitcoin with end-to-end regulated...Read More
Over the past few months, Bitcoin (BTC) has been lauded by economists, investors, and commentators as an up-and-coming “safe haven” asset.You see, during a period of global turmoil, the cryptocurrency has managed to outpace effectively every other asset class in the books.Related Reading: Bitcoin Bull Run “Guaranteed”: Federal Reserve Expected to Cut Rates Into 2020As reported...Read More
Cryptocurrency figures are putting renewed faith in Bakkt to lift markets after the company announced it was ready to launch Bitcoin storage. Bakkt: Bitcoin Storage Starts Next Week Bakkt, a cryptocurrency ecosystem for institutional investors, is currently testing its first product, physical Bitcoin futures. The main launch will begin next month. As of September 6,...Read More
The financial situation in Venezuela continues to evolve in interesting directions. While Bitcoin is still frowned upon in the country, it is also becoming more common. XPay, a cryptocurrency payment processor, is now offering its services in Colombia and Venezuela. As such, pharmaceutical goods can now be purchased with Bitcoin, assuming people are willing to...Read More
French authorities recently disabled a botnet server which infected 850,000 other servers across 140 countries with a cryptojacking virus. The French cybersecurity revealed yesterday that shut down a botnet force comprising of 850,000 servers which operated mostly in Latin America. The main server of the operation was located in France and infecting computers with Monero...Read More
Syrk released a cheat plan for Fortnite players. This was malware in disguise. Fortnite players were at a risk of their cryptocurrencies held as ransom. Additionally, if the players refused to pay the ransom, Syrk would delete system files after the set time completes. Emsisoft, a leading antivirus company has developed a decryptor for this...Read More
The former Amazon employee who hacked the Capital One Bank has now used it’s servers to mine cryptocurrencies for herself. On August 28, the court filings revealed that the hacker Paige A. Thompson is charged for Capital One breach and for cryptojacking attempt. Basically, cryptojacking is all about crypto mining attacks. This works by installing...Read More
Fitbit, a smartphone wearables company, released its new Smartwatch Versa 2 upgrade. It comes with a few next-generation upgrades along with the Amazon’s Alexa addition. Also, the company announced the launch of its subscription service. In recent news, Fitbit, which is known as the rival to Apple in the wearable war, announced their newest upgrades...Read More
Success for us as working people is one of the most rewarding and best things that happens in a worker’s life. But recent generations are redefining what it means to be successful, what identifies people, and even what it means to be an adult. Gen Z is starting to define themselves by their achievements in...Read More
Bitcoin (BTC) price fell below $9,500 on Aug. 29 as the largest cryptocurrency’s sudden bearish move continued to bite. Market visualization. Source: Coin360 Bitcoin price must finish week above $9,533 Data from Coin360 painted a gloomy picture for day traders Thursday, BTC/USD having lost 8% in the past 24 hours. The turbulence began late on...Read More
Sharding is widely hailed as a solution to blockchain scalability. But projects that implement sharding technology may be introducing new security risks into their blockchains, according to the CEO of Solana, which could make them vulnerable to consensus attacks. Speaking to Crypto Briefing, Anatoly Yakovenko said that the risks associated with sharding far outweigh any...Read More
View Bitcoin risks falling to $9,000 in the next 24 hours, having dived out of a narrowing price range on Wednesday. A violation there would expose the next support lined up at $8,500. The breakdown looks legitimate as it is backed by a surge in selling volumes. The daily chart indicators are also reporting bearish...Read More
In a pattern that has been rinsed and repeated countless times this year, crypto markets are crumbling as Bitcoin failed to hold support. The altcoins are still hopelessly tied to their big brother so any pain for it is magnified for them.Over $20 Billion Exits Crypto SpaceOver the past 24 hours crypto markets have shrunk...Read More
China’s Government and Central Bank just can’t seem to align on the proposed central bank digital currency (CBDC). On Tuesday, government-supported tabloid, Global Times, reported that the Central Bank called speculation on an upcoming launch ‘inaccurate speculation’. Then yesterday, it published an article suggesting that plans are gaining momentum, with a pilot-scheme in Shenzhen imminent....Read More
Litecoin has dropped below $70 for the first time in four months. Early this month, the fifth-largest cryptocurrency in market experienced its halving, dropping the block rewards from 25 LTC per block to 12.5 LTC per block. However, the price fall began well before the halving, a trend which flies in the face of conventional...Read More
Photo: Christopher Michel / Flickr The XRP crypto has encountered a lot of bearish volatility lately. The token closely linked to the Ripple FinTech Company has made many analysts think that its bearish trend has resulted from Ripple selling a large number of tokens onto the markets every quarter. The third biggest crypto, XRP, registered...Read More
By leveraging R3 Corda’s blockchain solutions, the Wethaq platform aims to improve the market infrastructure used for issuing and trading the Sukuk securities. Enterprise software company R3 has entered into a strategic partnership with Dubai-based fintech firm Wethaq to develop a blockchain-based framework for Islamic capital markets. According to the press release on Wednesday, August...Read More
A number of questions were submitted during the Q&A which have been collated and answered below. The full record of the webinar can be found here. Question: What if your broker does not supply the information in GBP? Answer: Your broker will supply information in a fiat currency. If it does not supply information in...Read More
South Korea is home to a great number of reputable cryptocurrency exchanges. In spite of the current impediments generated by the government and banks, Korea is still one of the countries that have a developed cryptocurrency exchange market. In today’s article, we will be looking at some of the best crypto exchanges for South Korean...Read More
ADA is ranked at #12, ahead of Cardano but underneath Monero in the market. The altcoin has been hampered due to bearish velocity catching on, which has caused the price to plunge by 11.05%. The trading volume recorded in the course of the past 24-hours is $69.561 million. The supply has 25,927,070,538 ADA coins in play. while...Read More
When the financial crisis hits, is filling the crypto wallets safer than hoarding the gold, papers, or cans? Hopefully, recognizing the cause of the crisis will point to the safe ground. Nowadays, the US and China trade war can trigger the crisis due to its enormous impact on worldwide production costs. Furthermore, Coca Cola raising the...Read More
In March of 18th, Facebook, the world’s largest social network, was revealed to have leaked the data of 87 million users. About 5.6 million users said they were affected. The well-known instant messaging software Line has also publicly stated that the company’s software has potential security risks that may lead to personal information disclosure. This...Read More
PNC Treasury Management, the United States’ eighth-largest bank, is now offering RippleNet-based cross-border payment solutions to its commercial clients. RippleNet blockchain provides a frictionless experience to send money globally within a secured infrastructure. However, PNC claims that this will help traders to receive payments from overseas buyers instantly. Also, it will transform the way they manage...Read More
BitMax.io (BTMX.io) has announced a strategic partnership with Infinito, a leading provider of in blockchain-based products, solutions, and services and the listing of the Infinito (INFT) token on the platform. Infinito was founded to solve various challenges preventing mass blockchain adoption. Some of the problems Infinito addresses are the inaccessibility of people to crypto currencies...Read More
Following days of consolidation Bitcoin has reached the end of its pennant formation. The big move that many analysts had expected came a few hours ago, and it was followed by a second slide resulting in a drop towards critical support levels.Bitcoin Dumps $1,000 AgainFor most of this week, analysts have been largely undecided on...Read More
As predicted, a big movement came for bitcoin following a week of consolidation. Analysts have been mixed all week but those that leaned towards bearish were right as the king of crypto plunged back into four figures a few hours ago. Bitcoin Nearing New Low A huge red candle resulted in a dump of over...Read More
