Coinbase, one of the largest crypto exchanges originating from the US might have to shift all European accounts to another licensed entity within EU, in case of a no-deal Brexit according to reports. A present, Coinbase operates an electronic money institution called CB Payments in the United Kingdom which is authorized by the UK Financial...Read More
Stealing $63 million Crypto was not enough for the Gang’s Leader. Image from Shutterstock. An Indian Bitcoin fraudster defrauding its victims of nearly $63 million was brutally tortured and murdered by his accomplices after they had found out that he had duped them too. Stealing $63 million Crypto was not enough for the Gang’s Leader...Read More
Entrepreneur, investor, software engineer and a board member of Facebook, Marc Andreessen recently listed an array of parallels between the initial days of the Internet and the prevailing state of crypto. In a recent Crypto Regulatory Summit, one of the pioneers in the development of the internet, Andreessen begin the segment by talking about the...Read More
It was December 2017, the Bitcoin was at almost 20k US dollars and I had just made my first transfer of 100k satoshis to a friend. The satoshis were supposed to arrive in minutes; however, it arrived in 2 days. The disappointment was huge. It was the first operation that me and my friend handled...Read More
Social media giant, Facebook’s dramatic entry into the crypto-sector diverted the attention of the world towards the ecosystem. Even as Facebook struggled to receive support from lawmakers, several people from the crypto industry expressed their support toward Libra. Citing Facebook’s strong global reach, the community regaled benefits of the social media giant’s entry into the...Read More
The Tron Foundation became part of the cryptospace in 2017 and regardless of its late entry into the ecosystem, the Foundation hasn’t steered away from the spotlight. Owing to his clever and relentless marketing, CEO Justin Sun has managed to retain public excitement for the ecosystem. Tron’s dominance in the DApp space is undefeatable, nevertheless,...Read More
Self-proclaimed bitcoin inventor Craig Wright plans to challenge judge Bruce Reinhart’s ruling that knocked down his affirmative defenses. | Source: (i) YouTube (ii) REUTERS / Dado Ruvic / Illustration / File Photo; Edited by CCN Self-proclaimed bitcoin inventor Craig Wright plans to challenge the recent ruling against him in the $10 billion lawsuit filed by...Read More
Bitwala, a German blockchain-based startup, has announced the launch of an all-in-one platform for banking with Euros, as well as buying and selling bitcoin. With a quick set-up via video verification, the new app will enable users to start banking and trading Bitcoin within minutes. A national identification card, including valid address proof, is required...Read More
In the cryptocurrency space, major assets like Bitcoin, Litecoin, and Bitcoin Cash are generally focused on transactions or payments. However, Ethereum, the 2nd largest virtual asset in the market, also has its own platform where users are able to create their own decentralization applications [dApps]. One category of dApps that have been gaining mass traction...Read More
Noted cryptocurrency exchange, Bitbns, is in the news after it announced yesterday that traders in the UAE would be able to buy and sell on the platform using AED (United Arab Emirates Dirham). We know you all have been waiting for this moment for so long; so have we. Today, our efforts have come to...Read More
The U.S-China trade war has left both nations’ economies in a state of distress, accelerating geopolitical tension. However, several analysts speculate that the ongoing trade war between two of the world’s largest economies has been beneficial to Bitcoin. Bitcoin’s entry into the monetary world was during a period of economic recession and the coin’s resistance...Read More
Bitcoin’s volatility has drastically decreased over the last few weeks as price action unfolds close to key support at $9,400. This key support line creates the bottom of the asymmetrical triangle stemming from $14,000 down to $9,400 mentioned in a previous analysis on Bitcoin. Bitcoin 1-Hour Analysis On the 1 hour chart for XBT/USD, we...Read More
This year, cryptocurrencies seem to have lured huge private tech companies like Facebook, JP Morgan, and Fidelity into the cryptocurrency market. The latest addition to this list is instant messaging service, Telegram, and it is set to launch its very own cryptocurrency “GRAM” very soon. On 1 September, the messaging giant will debut testing its...Read More
Despite the hysteria over the identity of Satoshi Nakamoto, it doesn’t matter who he is because bitcoin transcends any individual. | Source: Shutterstock There has been a barrage of media coverage in recent weeks over the identity of Satoshi Nakamoto, the mysterious inventor of bitcoin. The coverage hit a fever pitch this week due to...Read More
An XRP evangelist is calling for a fork of the cryptocurrency to prevent Ripple from dumping coins on investors for profits. Let’s Fork XRP Every quarter, Ripple publishes a report showing the sales figures for the tokens within the preceding three months. Critics say the company is dumping these tokens for profits while the value...Read More
Craig Wright hasn’t been ordered to pay $5 billion to the Kleiman estate – yet. But if it comes, will he relinquish the Bitcoin fortune? | Source: Oxford Union/YouTube Dave Kleiman’s estate might have a difficult time reclaiming its alleged half of Craig Wright’s $10 billion Bitcoin fortune – and not just because critics say...Read More
Compeititon is the currency of success in the crypto-community, and the proponents of one virtual asset often draw out comparisons with others to establish their own supremacy. Charlie Lee seems to have fallen in the the same group as in a recent Twitter thread, the creator of Litecoin re-ignited the Dash-Litecoin debate after taking a...Read More
If you’re wondering why your favorite altcoin is still ranked at three-hundred-something, you’re probably not alone. Market capitalization is a complicated measurement: when a ranking factor is easily gamed through wash trading (essentially the practice of trading against oneself) to create artificial volume, the rankings can be skewed. However, one of the leading sources of...Read More
This ridiculously simple Bitcoin scam is stealing funds from crypto ATM users, using nothing more than a single piece of paper. | Source: Shutterstock Many devious scammers will go to extreme lengths to steal your hard-earned crypto funds. However, one Canadian fraudster devised a lucrative Bitcoin scam that’s decidedly more low-tech. It involves a single...Read More
All that glitters is not gold; it might be Bitcoin The tussle between digital gold and tangible gold is one for the ages. One rising from its fallen ‘standard’ for the global financial order, and the other born from the debris of financial collapse. Bitcoin and Gold have charted similar paths, yet from the traditional...Read More
A new tool for crypto hedge funds is in the works. This will provide accurate investment choices for these institutional members of the crypto-verse. Billionaire Alan Howard is the mastermind of this innovation. Superstar Hedge fund manager Alan Howard has decided to create a unique enterprise which will forever change the crypto space. Created by...Read More
If I got an XRP each time someone asked me about the price, I might have become a successful hodler! Addressing the elephant in the room -the question of XRP’s price swings in short-term; surprisingly the grass is green on this side of the coin as key indicators point towards a trend reversal. August was...Read More
Bitcoin’s blockchain produced new historic records this week as the cryptocurrency’s technical health increasingly contradicts its lower price. Bitcoin Hashrate Hits 83 Quintillion As data from monitoring resource and wallet provider Blockchain.com confirms, it was Bitcoin’s 00 hashrate leading the charge, hitting 83.5 quintillion hashes per second on August 29. That number is BTC’s best...Read More
On Friday, August 30, the Twitter page of the founder, Jack Dorsey, was hacked. Following this the hacker posted a few harsh words on his Twitter page but later the tweets disappeared and the page suspended. The hacker accessed Jack’s account through SIM card swap. Then, he used SMS message from it to control the...Read More
Twitter and Square CEO, Jack Dorsey, had his personal Twitter account hacked this week. Whilst in control of the account, the hackers posted a bizarre stream of messages including racial slurs and a bomb threat. Dorsey has been very vocal in his support for Bitcoin, so what impact could this have? What Does A Twitter Hack...Read More
New data reveals Bitcoin’s true value is way less than you probably think – but that’s not necessarily a bad thing for BTC. | Source: Shutterstock Bitcoin’s reported $172 billion market cap may be a point of pride for cryptocurrency enthusiasts everywhere, but how accurate is it as a measure of Bitcoin’s worth? Not much....Read More
Cardano’s Shelley has been one of the most anticipated development projects for the virtual’s asset ecosystem. IOHK’s Charles Hoskinson has released a series of updates, with regards to the progression of the project in his recent AMA. It was reported earlier that Shelley’s testnet program would be categorized into three phases and according to Hoskinson,...Read More
Ex-Amazon employee, arrested last month over Capital One data breach, has also been accused of hacking over 30 more companies. In addition to stealing data, Paige Thompson allegedly used the compromised servers to mine cryptocurrency. Hacking The Hand That Feeds You The FBI arrested Thompson at the end of July, concerning a massive data breach...Read More
The Electric Coin Company’s privacy-focused coin, Zcash, was in the news lately after the San Francisco-based cryptocurrency exchange, Coinbase, announced that it no longer supported the altcoin for UK customers. The exchange did not disclose any details for the delisting of the coin, which in turn led to several speculations by the crypto-community. A recent...Read More
Bitcoin Price Analysis (BTC/USD) BTC/USD pair is today correcting gains from yesterday’s massive fall that dropped its price down below the $10,000 level. However, the pair’s price is today, trading between support level $9381.81 and resistance level $9573.84. Additionally, the RSI indicator moved from the oversold level and is currently heading towards the positive area....Read More
