Ethereum’s DeFi industry is growing by leaps and bounds, but not all solutions are safe from harm. In the case of BlockFi, there was a recent data theft, although no funds are affected at this time. The data theft in question seemingly dates back to May 14, according to an official post by BlockFi. A...Read More
Coinbase Custody clients now have the ability to use their Cosmos assets to earn rewards through staking without having to put their funds at risk. By Bryce Ferguson, Product Manager, Coinbase Custody Coinbase Custody was the first crypto custodian to offer staking and active governance for digital assets held in safe, offline storage. This means that our...Read More
When it comes to dealing with the BitMEX platform, a lot of users are rather dismayed. Yesterday’s sudden outage triggered a brief visual XBT/USD price drop to $0, prior to the trading engine going offline. Centralized trading platforms often struggle to keep their service accessible at all times. Another bad day at the Office for...Read More
During the COVID-19 outbreak, the cryptocurrency community has come together in many different ways to help those in need. The recent CryptoPersonalities NFT sale raised an extra 10 Ether for this cause. Aiding those in financial need is a great way to promote cryptocurrency. NFTs for COVID-19 Relief Not only does it solve someone’s problem,...Read More
Central banks around the world are looking to explore the concept of virtual currency, Often referred to as central bank digital currencies, or CBDCs, this form of money poses its own set of challenges to overcome. As society gravitates toward more modern technologies, products, and services, the financial industry will need to follow suit. For...Read More
There will never be a shortage of Bitcoin wallet solutions. One of the safest options is to create a paper wallet, but not every online generator can be trusted either. Using a paper wallet isn’t necessarily a long-term BTC storage solution. Don’t Generate a Paper Wallet Online While it can serve that purpose, it is...Read More
Many people within the cryptocurrency industry keep a close eye on the Grayscale Bitcoin Trust. Over the past three months, that trust has significantly increased its BTC holdings. While this is not an official market sentiment indicator, the figures remain interesting to keep an eye on. The Grayscale Bitcoin Trust Went on a Buying Spree...Read More
Crypto Twitter has had a very interesting week, although not necessarily for the best of reasons. JK Rowling showed some minor interest in Bitcoin, and the situation got out of hand pretty quickly. Whenever a celebrity tweets about Bitcoin, a social media storm ensues. The JK Rowling “Event” is a Missed Opportunity In the case...Read More
Futures trading is a very popular and prominent market in the financial sector. With the help of ErisX, speculators can be exposed to Ethereum’s price through CFTC-regulated and physically-settled ETH futures contracts. There is more to the cryptocurrency industry than just Bitcoin. A big Milestone for ErisX Ethereum has carved out a solid position in...Read More
Visa remains the world’s leading credit and debit card issuer in the world. That company is also looking to enter the world of virtual money, and it seems the Ethereum blockchain will play a crucial role in the research. It has been coming for a while now, but the whole world will transition to virtual...Read More
Bithumb is set to become the latest Asian crypto exchange to officially remove Monero from its platform. Not due to its privacy aspects, but rather because XMR is used to buy and sell illegal pornographic material. It has been coming for some time now, but Bithumb has finalized its decision on Monero. Bithumb Gets rid...Read More
The total fallout of the recent Bitcoin block reward halving has yet to be determined. One thing is apparent: more funds has been withdrawn from exchanges in recent days, further confirming that people are primarily intent on holding. There is always an ample supply of Bitcoin on exchanges and trading platforms. Moving More BTC off...Read More
There appears to be a lot of enthusiasm regarding Reddit’s new Moon tokens. It is a very interesting asset built on top of Ethereum, and one that appears to get cryptocurrency enthusiasts rather excited. It has been coming for some time now, but different subreddits now have their own ERC-20 tokens. Moon is a new...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, May 15th, the XRP rate is correcting after the recent growth. The cryptocurrency is generally trading at 0.2023 USD. On D1, XRP/USD keeps forming an uptrend after a correction. Upon correcting from 50.0% Fibo, the quotations are trading near 38.2%. At the current stage, this may signify...Read More
The decentralized finance industry is growing at an accelerated pace, making it difficult to keep track of everything. A new dashboard, known as DeFi Saver, may offer some relief in this regard. Keeping tabs on the DeFi industry has become somewhat of a juggling act. DeFi Saver is a Proper Dashboard Dozens of different projects...Read More
There are many different blockchain networks to keep an eye on, each with their own block size and mining situation. For Bitcoin SV, perhaps the biggest block ever to be mined was generated on the network yesterday. Bitcoin is often criticized for its small block size. The Mega Bitcoin SV Block Many experts feel that ...Read More
Around the Block #6: Bitcoin’s dominance alongside Coinbase customer behavior, the coming DEX revolution, and other recent crypto news Coinbase Around the Block, sheds light on key issues in the crypto space. In this edition, Justin Mart analyzes Bitcoin’s continued dominance alongside Coinbase customer behavior, the coming DEX Revolution, as well as other notable news in...Read More
Many people were excited when Telegram announced its TON blockchain venture. Two and a half years later, the venture has been officially cancelled, allegedly due to pressure from US regulators. It was seemingly a matter of time until Telegram’s blockchain would be scrapped. No TON Blockchain After All Initial delays in delivering on the blockchain...Read More
Whether one likes or dislikes privacy currencies, they seem to find their niche in many different ways. For Monero, a new all-time high in daily transactions was recorded last week, further confirming the potential of this project. There are many reasons as to why privacy-oriented crypto assets really matter. Ongoing Transaction Growth for Monero They...Read More
When it comes to cryptocurrencies, one would expect most of the Bitcoin to be tied to second-layer scaling solutions on that particular blockchain. New statistics seem to dictate that Ethereum is leading the pack, well ahead of the Lightning Network. Any layer-two scaling solution needs to gain market traction. The Lightning Network Trails Ethereum’s WBTC...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, May 12th, the BTC rate remains volatile but investors are ready to buy. The cryptocurrency is generally trading at 9000.00 USD. As for the BTC dynamics on D1, during the last week, the quotations of the leading cryptocurrency reached the psychologically important level of 10000.00 USD and...Read More
It is evident that the banking sector will need to find ways to remain relevant and evolve in the years to come. RAKBANK hopes to leverage Ripple’s technology in its effort to make a positive impact. Various financial institutions around the world see merit in Ripple’s technology. Ripple Gains Ground in Bangladesh The firm has...Read More
In the cryptocurrency world, users are always looking for ways to make money by whichever means are most convenient. Playing blockchain games has often been dismissed as a fad, but it seems to be a viable option to explore regardless. There are many blockchain games and dApps for users to explore today. Hybrid Gameplay is...Read More
To this day, no one really knows where the world’s largest cryptocurrency exchange is headquartered. If Binance CEO Changpeng Zhao has any say in the matter, it will remain like that for quite some time to come. There are many questions as to where Binance’s official offices are located exactly. The Binance Mystery Deepens The...Read More
Achieving two-way interoperability between blockchains and the real world is an ongoing challenge. It is not something that can be done natively, yet with the help of blockchain oracles, a lot can be achieved. What are Blockchain Oracles? To explain the purpose of a blockchain oracle, one needs to be aware of what it entails...Read More
When it comes to alternative cryptocurrencies and their blockchains, there will always be some sort of debate. A new academic paper certainly paints an interesting picture for EOS, Tezos, and XRP. Many people feel that Bitcoin is the only real viable cryptocurrency out there. Academic Paper Blasts EOS, XTZ, and XRP Everything else is, in...Read More
https://medium.com/media/0e9016a1eb61254843b184b0ef4e123b/href Bitcoin is often called “digital gold” because just like gold, Bitcoin is a valuable, scarce resource that’s resistant to inflation. But unlike gold, Bitcoin is digital — it can be sent globally almost as easily as sending an email — and its scarcity is known — while it’s estimated that one could fit all the gold ever mined into a...Read More
There has never been a shortage of cryptocurrency scams, nor will there be in the future. Two companies involved in a recent binary options scam have now been fined by the CFTC. When looking at crypto trading platforms, it is pertinent to separate the real ones from the fake. CFTC Hammers Down on Crypto Scams...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, May 8th, the XRP remains in a flat, slightly declining. It is generally trading at 0.2166 USD. On H4, XRP/USD is correcting the previous declining wave, moving in a mid-term ascending channel. The quotations rose to 50.0% Fibo but a divergence on the MACD proved the necessity...Read More
Several incidents in the cryptocurrency space seem to leave a lasting impression on the industry. The infamous Cryptopia hack, for example, still sends shock waves throughout communities today. To this day, there are still many uncertainties regarding the Cryptopia hack. More Cryptopia Funds Shenanigans The exchange lost a lot of funds, adding up to roughly...Read More
