The man, known as Bitcoin Jesus, has urged people to start using cryptocurrencies instead of what he calls “police money,” if they want to show their opposition to a corrupt justice system. Founder and Executive Chairman of Bitcoin.com, Roger Ver, said in a YouTube video posted on June 3 that the best way to prevent...Read More
Trezor, the company offering hardware cryptocurrency wallets, announced a firmware update 1.9.1 for Trezor One and 2.3.1 for Trezor Model T devices. The introduction of the upgrades will fix a security vulnerability regarding SegWit transactions discovered three months ago. The Vulnerability In Question As today’s blog post from the company explains, Trezor requires the previous...Read More
Popular Japanese cryptocurrency exchange Coincheck informed that it became a victim of a data breach a few days ago. While the company said that all customer funds are safe, the perpetrators may have gathered users’ personal information and emails. Unauthorized Breach At Coincheck According to the statement from the Japanese platform, “a third party” had...Read More
Co-Founder and CEO of Blockstream Adam Back believes that Bitcoin could reach $300,000 in five years due to the current economic situation worldwide. In an interview, he also refuted the recent claims that he is the mysterious person behind BTC – Satoshi Nakamoto. Bitcoin To $300,000 By 2025? In his recent interview with Bloomberg, the...Read More
Elrond (ERD) gained about 25% against the US dollar over the last 24 hours. The bullish momentum follows the announcement that the project is launching a $40,000 reward program as part of its upcoming incentivized stress test. Elrond (ERD) Gains Almost 25% Despite the current red spread across the cryptocurrency markets, Elrond (ERD) is one...Read More
Recent Chinese reports informed of hidden Bitcoin mining rigs stealing electricity in the northern city of Daqing. Interestingly, the perpetrators were concealing their operation under two mysterious grave mounds in a relatively empty field. BTC Mining Operations In Hiding According to the recent report, a Chinese oil field company sent a tip to local police...Read More
Chinese Blockchain giant Neo will collaborate with the Korean-based project FLETA on the launch of a clinical trial data registry platform based on blockchain technology. Blockchain Technology in the Medical Field The clinical trial data registry is up to the test to make things easier and more secure, addressing eventual data manipulation in the medical...Read More
The celebration of Bitcoin bulls for bringing the price above $10,000 was nothing but shortlived as the leading cryptocurrency collapsed to $8,500 in less than five minutes. Bitcoin Nosedives to $8,600 on BitMEX Those who have been involved in the cryptocurrency field long enough probably know that there’s rarely a dull day with Bitcoin. In...Read More
Recent data revealed that the number of Tether (USDT) transfers to cryptocurrency exchanges had reached an all-time high. Interestingly, this preceded the latest price increases within the cryptocurrency market. USDT Goes To Exchanges According to the data provided from the monitoring resource company, GlassNode, the number of Tether transfers to exchanges has been surging in...Read More
The United States government has recently added a top Venezuelan official to its list of most-wanted fugitives while offering millions of dollars as rewards to anyone who can provide useful information that would lead to his arrest. A Monday statement revealed that the U.S. Immigration and Customs Enforcement’s (ICE), a unit of the Homeland Security...Read More
Bitcoin surged above $10,000 for the first time since February, and it took the entire market with it. Altcoins are all flashing in green, as the total capitalization increased by more than $13 billion overnight. Now, a popular cryptocurrency trader pointed out that the chart of the total market cap went through the same pattern...Read More
Bitcoin managed to break the psychological barrier of $10,000 hours ago. During the price surge, however, the leading US-based cryptocurrency exchange, Coinbase, experienced technical issues and was not functioning for about an hour, again. Bitcoin Up, Coinbase Down As CryptoPotato reported earlier today, the primary cryptocurrency finally broke the $10,000 resistance level after several consecutive...Read More
The new month of June brings new vibes to the primary cryptocurrency. After five failed attempts to break the $10,000 resistance level and its descending trend-line during the month of May, it finally happened on the first day of June. Bitcoin price just broke the huge resistance and spiked to reach a high of $10,500...Read More
The death of George Floyd at the hands of Minneapolis police ignited a series of widespread riots throughout the United States. With more than 25 cities in lockdown, protesters and the police continue their violent clash. People are protesting against supposed police brutality in a manner that’s everything but civil. Stores are being looted, and...Read More
Renowned pop-star music video director Joseph Kahn recently revealed that trading cryptocurrencies has been his hobby for the last month. World-Famous Video Director Says He Is Trading Crypto In a recent post on his personal Twitter profile, Kahn shared that he has been into his new hobby for a month now, and is even already...Read More
Cryptocurrency analyst and creator of Bitcoin’s stock-to-flow model, PlanB, recently noted that an indicator that historically precedes bullish momentum according to his model has now flashed. Per his initial prediction, the asset is targeting a total market cap of $1 trillion in the next few years. Bitcoin’s S2F Model The stock-to-flow model became an instant...Read More
Popular Bitcoin proponent and educator Andreas Antonopoulos believes that the current drops in oil prices will benefit some BTC miners. In a video on his YouTube channel, he outlined that miners in the recently opened Bitmain facility in Texas could be the biggest beneficiaries. Oil Prices To Affect BTC Mining The sudden outbreak of the...Read More
After fighting a legal case for two years, America’s largest bank, JPMorgan Chase will pay $2.5 million to settle a class-action lawsuit over extra fees on cryptocurrency purchases. In 2018, the plaintiffs – Brady Tucker, Ryan Hilton, and Stanton Smith – filed the lawsuit against JPMorgan in a Manhattan federal court, accusing the bank of...Read More
The value of ETH stored on its own Ethereum blockchain has been continuously decreasing in the past year, new research shows. While numerous ERC-20 tokens operate on the network, the growth of stablecoins presents the most substantial threat to cause a future “flippening.” ETH’s Role On Ethereum Blockchain Decreases Per the research provided by Messari’s...Read More
The University of Sussex recently published a paper regarding the performance of Bitcoin and gold during the COVID-19 pandemic. The research team behind the project believes that both assets failed to serve as safe-havens, primarily because of significant market manipulations. Bitcoin And Gold Failed In The 2020 Crisis? The sudden outbreak of the COVID-19 pandemic...Read More
Fraudulent projects within the cryptocurrency field are occurring rather often, and the latest one comes in the form of Bitgrin (XBG), according to a recent report. It reads that the project creator has minted 5 billion tokens while advertising that the total supply is capped at 21 million. Bitgrin’s Creator Scammed Investors? Bitgrin launched as...Read More
Bitcoin investors have been transferring their assets outside of specific exchanges lately, new data shows. Ultimately, the BTC balance on platforms has reached its lowest point in over a year by decreasing with more than 320,000 coins since Black Thursday. Bitcoin HODLers Mentality On The Rise During the notorious Black Thursday event in March, when...Read More
Coinbase Pro, the professional trading platform of leading American cryptocurrency exchange and wallet provider Coinbase, is adding support for Maker DAO’s token (MKR) again after a failed listing attempt in April 2019. MKR Trading Starts Tuesday, June 9 According to a Friday announcement, Coinbase Pro will start accepting MKR deposits from users on Monday, June...Read More
Another week has passed, and it has been nothing short of exciting on the cryptocurrency market. Bitcoin went on to lose a serious chunk of its value as it plunged below $8,700 only to recover a few days later and touch $9,600. However, BTC is relatively indecisive over the past couple of days as it...Read More
The latest debacle of social media giant Twitter flagging tweets of the US President Donald J. Trump resulted in the draft of an executive order on Preventing Online Censorship. If anything, this highlights one of the core principles behind Bitcoin’s technology – censorship resistance. Twitter Flagging President Trump’s Tweets The riots in Minnesota’s largest city,...Read More
The US-based cryptocurrency exchange Coinbase has extended its staking services for Tezos (XTZ) to users from a few European countries. The price of the asset has increased by nearly 6% since the announcement yesterday. Europeans To Stake XTZ On Coinbase As CryptoPotato reported before, Coinbase added Tezos staking in late 2019 for users based in...Read More
If you were into Bitcoin and crypto for at least five years, the name Chris Dunn would probably sound familiar to you. The 35 years old Texas boy was one of the first crypto YouTubers. As of writing these lines, his popular channel has more than 200,000 subscribers since its first uploaded video, somewhere in...Read More
Cardano founder Charles Hoskinson has finally put a date to the launch of Shelley – the next major milestone in Cardano’s roadmap. According to Hoskinson, the initial phases of Shelley’s arrival will begin as early as June 9, and will be live by June 30 if everything goes ahead as planned. Charles Hoskinson Announces Cardano...Read More
One of Bitcoin’s most vocal proponents and early adopters, Tyler Winklevoss, took the opportunity to comment on Goldman Sachs’ most recent conclusions on the cryptocurrency. ‘Probably’ Rebranding to Goldman Stacking Sats As CryptoPotato reported yesterday, the large multinational investment bank Goldman Sachs hosted a conference call talking about Bitcoin and other cryptocurrencies. Somewhat unsurprisingly, the...Read More
A European civil society organization promoting digital rights has issued warnings regarding new cryptocurrency-related scams. By impersonating reputable websites and running fake advertisements on Facebook, the scammers are duping victims to provide personal data and to invest in unexisting digital asset projects. Fake Cryptocurrency Investment Opportunities The North Macedonia-based Metamorphosis Foundation – a member of...Read More
