Wietse Wind, XRPL developer, creator of the XRPTipBot and XRP Text, announced on Twitter today that the XRPL Testnet provided by Ripple had been reset. Please note: the XRPL Testnet provided by @Ripple has been reset (this happens every now and then: a fresh testnet ?). I just gave the @XRPLLabs testnet node (wss://testnet.xrpl-labs.com) a...Read More
Telegram has announced it will launch its own cryptocurrency as soon as October, sources have said, in a direct move against Facebook Libra. Sources: Gram Cryptocurrency To Appear By October 31 Speaking to the New York Times on August 27, three anonymous investors said that Telegram had confirmed the issuance of its Gram tokens would...Read More
Between dead partners, blind trusts and mythical Bitcoin billions, the web weaved by Craig Wright continues to get more and more tangled by the day. | Source: Shutterstock The judge presiding over the Kleiman vs. Wright trial ruled that 50% of all Bitcoin-related intellectual property created by Craig Wright prior to 2013 must be handed...Read More
When you think of popular social media platforms, Ethereum Classic (ETC) is probably not the first one that comes to mind. But that could change with a new social media dApp on the sixteenth-largest blockchain network. Ethereum Classic Labs has announced a partnership with iZbreaker, a new social media dApp that will launch on the...Read More
Litecoin’s hash rate has declined by over 30% since its block size halving event earlier this month, the latest data shows. Litecoin Trades At Lows Against USD The increasingly troubled altcoin, currently the fifth-largest cryptocurrency by market cap, has lost 30% of its value since the halving, which occurred on August 5. Data from monitoring...Read More
On August 26, a pharmacy chain in Venezuela called Farmarket revealed it now accepts cryptocurrencies through the payment provider Xpay, a subsidiary of Panda Group. Arley Lozano, Panda Group’s founder, explained how Farmarket’s pharmacy franchise has 22 stores located across the country and machines will allow people to purchase goods and medicine with cryptocurrencies like...Read More
It isn’t looking good for Bitcoin Cash in the short-term, with a plausible 50% retreat in the offing. | Source: Shutterstock Bitcoin Cash may be a good pick for long-term investors due to its strengthening fundamentals. However, the cryptocurrency’s prospects in the short-term are not looking great. The first bitcoin fork is struggling to keep...Read More
Is $10,000 really a magic number for Bitcoin? Do traders care if it trades above or below this mark? It certainly seems so. Bitcoin is trapped in an extremely narrow trading range as we head into the U.S session, following another minor bounce from just above the $10,000 support level. With Bitcoin close to posting...Read More
Recently a political action committee (PAC) BitPAC announced that they are going to conduct an initial coin offering (ICO) to support the candidates for public office. By donating, participants will receive Politicoins in return. BitPAC, which is a political group in the U.S., decided to launch an ICO for the support of public office candidates....Read More
Gartner released their quarterly report on global smartphones which says that among the top five phone vendors, Huawei sales increased by 16.5% while Samsung added 3.8%, winning an overall 20,4% of market share. While the global smartphone sales have decreased by 1,7%, Huawei and Samsung are among the top phone manufacturers in the world which...Read More
Through a new Series C funding round, American life insurance startup Ethos has successfully pulled in an additional $60 million investment, driving the company’s valuation all the to the neighborhood of $500 million. The fresh funding of American life insurance startup Ethos was led by Alphabet’s venture division GV with backing from multinational investment bank...Read More
China’s digital currency might be good for shopping, but don’t expect any privacy. Binance researchers have questioned claims of transaction anonymity, suggesting instead that the new virtual currency might actually give the state greater opportunity to spy on its citizens. In a report published today, Binance researchers acknowledged that the Chinese Central Bank Digital Currency...Read More
french cybercops have neutralized nearly a million computers infected by a crypto-mining mega botnet dubbed ‘Retadup’.| Source: Shutterstock The Retadup malware which had been deployed on hundreds of thousands of computers around the world to secretly mine the Monero cryptocurrency and commit other illegal acts may finally be over. According to the BBC, the backend...Read More
Litecoin is looking to slump even further. The world’s fifth largest cryptocurrency has been in a slump since its halving earlier this month, dropping below resistance after resistance and breaching the $75 mark. Now, the coin is on the precipice of a slump below $70 for the first time in 4 months. The larger market...Read More
Photo: Peloton / Twitter Indoor fitness startup Peloton that specialized in making inter-connected treadmills and stationary bikes plans to file for an IPO after generating $900 million in revenue in the last fiscal year ending June 30. In its recently released documents and the submission of the S-1 statement to the U.S. Securities and Exchange...Read More
Unsuccessful serial-forger and law-court regular, Craig Wright, just won’t give up the ghost of being Satoshi Nakamoto. Ordered by a judge to hand over half of his bitcoin holdings and intellectual property to the estate of Dave Kleiman, he concurred that he now “has no choice” but to do this. However, he was quick to warn of...Read More
China is reportedly set to launch its state crypto on the country’s biggest shopping day. | Source: Shutterstock Facebook’s fears that the bottlenecks tech firms in the free world face in developing cryptocurrencies risks opening the door for more closed societies to take the lead have been confirmed. According to Forbes, China has already developed...Read More
The cryptocurrency ecosystem has been critiqued by traditional markets for being unregulated and a place for crooks, criminals, and grifters to fleece noobs who know very little about what happens behind the scenes. It has been the center of speculation for many, while for others, it has been a place to get rich quick. Today,...Read More
The upcoming CME futures expiration set for Friday is expected to have a significant effect on the next bitcoin price action as the biggest cryptocurrency threatens to plunge below the $10,000 mark. In the past nine weeks, the Bitcoin price rally has stalled. Analysts believe that the crypto may suffer a severe pullback if the...Read More
Investors could be turning away from Ethereum (ETH). Uncertainty surrounding the timing of a move to a Proof of Stake mechanism, and fears of a price crash, have led to a significant decline in market sentiment. Hunter S. Thompson once famously observed that “There is nothing in the world more helpless and irresponsible and depraved...Read More
The likelihood of bitcoin price hitting a fresh all-time-high near $20,000 in 2019 is diminishing. | Source: Shutterstock The likelihood of the bitcoin price surpassing its all-time high of $20,000 by the end of the year is a mere six percent. That’s according to data from Skew which tracks the BTC options market. Bitcoin has...Read More
In recent news, Raisin, a fintech startup which offers a marketplace for savings and investment products, has acquired Fairr, which is a German startup aiming to disrupt the pensions industry. Raisin, a fintech startup which mainly offers a pan-European marketplace for savings and investments has just acquired a rival company Fairr to foray into the...Read More
Ripple has substantially reduced XRP sales. While Ripple had claimed to have remained transparent about the actual figures of XRP sales in its recent market report, the blockchain firm was at the receiving end of allegations which claimed that it provided manipulated figures. One of the front-runners of the industry, Ripple, has drawn passionate and...Read More
According to Forbes, China’s central bank is ready to introduce their own cryptocurrency “China Coin” by November. As per the reports, The People’s Bank of China (PBOC) has been exploring the possibility to launch its own digital currency since 5 years to cut the costs of circulating traditional paper money and enhance the policymaker’s control...Read More
The vast cash hoard of Warren Buffett’s company, Berkshire Hathaway Inc., has been vaster only once before – just before the worst financial crisis since the Great Depression. Warren Buffett’s big pile of cash could act as a warning to other investors that stock market is becoming overvalued and that its crash is pretty near....Read More
After raising more than $1 billion in one of the most successful ICOs in the crypto sector, Telegram is now ready to launch its Gram tokens by October. Button Wallet has also announced it will facilitate trading of the tokens. There currently are more than a few thousand different digital assets in the market and...Read More
There are many metrics to ascertain the popularity of bitcoin and cryptocurrency trading in different geographic regions across the world. One of them is the most traded fiat currencies chart which has revealed some interesting results. Asia Still Big on Bitcoin Unsurprisingly the US dollar was the top traded fiat currency according to statistics from...Read More
Recently in an AMA (ask me anything) session the Binance CEO, Changpeng Zhao or CZ, addressed Binance users and followers by revealing many details about the upcoming futures trading platform. Changpeng Zhao, also known as CZ, recently went live on his Binance‘s Twitter profile to do an AMA session. In the session, he described some...Read More
Silvergate Bank will allow Gemini’s customers deposit and withdraw U.S. Dollars from their accounts in real-time. This will help the customers to switch in and out of the crypto markets quickly. Gemini cryptocurrency exchange, founded by Bitcoin billionaires Winklevoss twins, announced its partnership with Silvergate Exchange Network (SEN), a USD payments platform. According to the...Read More
On August 26, the self-proclaimed Bitcoin inventor, Craig Wright, was ordered by Southern District Court of Florida to distribute half of his BTC holdings and intellectual property assets from prior to 2014. According to the Kleiman estate attorney Vel Freedman, the family has waited a long time for the ruling and they believe things are...Read More
