Reading Time: < 1 minuteLitecoin is rarely in the news but now it has to be since it showed an increase of 11% in value against the USD. The intraday high was $37.539, marking a constant consolidation. Although it was similar to those of other cryptocurrencies, the increase of 11% is something to talk about. A renewed buying sentiment … Read more
Reading Time: < 1 minuteOverstock.com recently declared that at least some of the taxes are going to be paid with the use of bitcoin in 2019. In an official announcement, Overstock declared that some Ohio state commercial activity taxes will be paid with Bitcoin, which marks the very first major company that does this. This comes after Ohio announced … Read more
Reading Time: 2 minutesBitTorrent is a peer-to-peer technology pioneer in the world of online file sharing and now it is interested in the crypto industry with the launch of its very own cryptocurrency. The new crypto will be called BitTorrent Token (BTT) and it will be based on the Tron protocol, which was bought by BitTorrent in the … Read more
Reading Time: 2 minutesIn the past 2 days BTC price climbed 7% and ETH price went up 19%. This is substantial value increase ahead of the anticipated Constantinople hard fork. While the end of 2018 saw an 80% price drop from the highest mark ($19,500) for Bitcoin, the performance of BTC is seen as being a good one … Read more
Reading Time: 2 minutes2018 was a bear market that lasted almost the entire year but it is over. It is now time to see what 2019 means for those interested in cryptocurrency. While it is a certainty that new events are going to appear, the following dates are now considered to be the most important, those that can … Read more
Reading Time: 2 minutesNvidia was just hit with a class action lawsuit. The plaintiffs are accusing the manufacturer of offering misleading statements in regards to how reduced cryptocurrency market effects will be mitigated. Schall Law Firm filed the law suit. This law firm specializes in securities-related lawsuits and shareholder rights litigation. Last year we saw mining rigs being … Read more
Reading Time: 2 minutesThe NBK (National Bank of Kuwait) is among the largest financial institutions in the country that are privately held. It recently launched NBK Direct Remit, which is to be used for making cross-border live payments. NBK Direct Remit will utilize the enterprise blockchain technology of Ripple in order to offer: “a frictionless remittance experience and … Read more
Reading Time: < 1 minuteAccording to a report published by TheNextWeb, white hat hackers managed to make $878,000 thanks to exposing bug bounties in the crypto market. A bug bounty is a competition in which a company that is developing software is inviting hackers to expose software vulnerabilities. These bug bounties are really important in cryptocurrency since fixing vulnerabilities … Read more
Reading Time: 2 minutesReports show that The Hacker News (THN), a highly trusted and renowned cybersecurity news media outlet, had its Paypal accounts closed. According to a Tweet, Paypal banned the accounts permanently without mentioning a reason why. It was also stated that Paypal said that funds are going to be held for 180 days. After some conversations, … Read more
Reading Time: 2 minutesAfter three researchers posted proof about the vulnerabilities in some cryptocurrency hardware wallets, Ledger and Trezor finally responded. They basically said that user cryptocurrency balances are completely safe. Ledger: Your Crypto Assets Are Safe Ledger quickly decided to respond with a blog post in which it declared that the company is happy to see people … Read more
Reading Time: 2 minutesReports show that researchers were able to hack different hard wallets, including Ledger Blue, Ledger Nano S and Trezor One. News was broken at 35C3 Refreshing Memories. A video also showed proof of the hacks. The name of the operation is “Wallet.fail”. It was a hacking project that included Dmitry Nedospasov, security researcher and hardware … Read more
Reading Time: 2 minutesUnited States law enforcement agencies officially expressed their worries about Mexican drug cartels using Chinese cryptocurrency channels in order to launder money. The same is mentioned in regards to other organized crime groups. The news appears as Chinese exports size is growing for chemicals and different other ingredients that are utilized in order to manufacture … Read more
Reading Time: 2 minutesThere is right now a reported ongoing hack that is launched against Electrum. Details about the phishing attack have been published by the company on Github here. Because of the successful nature of the attack, the hacker or hackers managed to steal close to 250 BTC. The way in which the hack works is through … Read more
Reading Time: 2 minutesThe Bank of America is reportedly eyeing ATM shared networks that are powered with blockchain technology. This is news because of a patent application that was just revealed. The official filing was published by the USPTO (US Patent And Trademark Office) and outlines a new system that allows cash-handling services to use blockchain tech in … Read more
Reading Time: 2 minutesThe Indian government was recently reported as possibly legalizing cryptocurrencies. However, this is only possible in the event that really strong and thorough terms and conditions are attached. The New Indian Express published an article in which it stated that there is an interdisciplinary committee that was set up by the Indian government in order … Read more
Reading Time: 2 minutesThe JPY (Japanese Yen) and the USD (US Dollar) are the top 2 dominant currencies that are used in trading Bitcoin through fiat money. The USD was always the dominant force in the market but BTC/JPY might soon overtake the US Dollar. The US Dollar is obviously the main global currency used in trading and … Read more
Reading Time: 2 minutesReports state that Facebook is creating a cryptocurrency that will be used by users of WhatsApp, according to Bloomberg. The new token has the purpose of being used for money transfers that are made within the WhatsApp app, with a clear focus on India remittances market. Bloomberg stated that sources that were familiar with the … Read more
Reading Time: 2 minutesNot much can be said about weekend trading and price evolution for cryptocurrencies but Ethereum is developing an interesting trend. Minor USD losses appeared but value was gained when compared to Bitcoin. This means that something interesting might happen in the near future. This weekend’s evolution is much different than what many imagined or wanted … Read more
Reading Time: 2 minutesMorgan Creek just made the news because it put up a huge $1 million wager on the table. Investors that think crypto markets are not going to outperform S&P 500 are invited to bet against this. Morgan Creek claims that the crypto market is going to outperform the stock market this very decade. Morgan Creek … Read more
Reading Time: 2 minutesCoinbase just announced the fact that it is now exploring 29 extra cryptocurrencies, together with Stellar and Cardano. This does include Ripple. In the month of September we saw Coinbase declaring that it wants to rapidly list the “digital assets that are compliant with local law.” This now turned into reality thanks to an official … Read more
Reading Time: 2 minutesA short time ago it was reported that Nasdaq is interested in investing in Bitcoin futures in 2019 and now it is official as Joseph Christinat, Nasdaq Vice President, confirmed the launch of Nasdaq Bitcoin futures in 2019. According to him, CFTC regulatory approval is the only thing that is still needed. We now know … Read more
Reading Time: 2 minutesHumans.net, a recruitment platform, performed a survey and concluded that 29% of interviewed freelancers are interested in getting paid in cryptocurrencies instead of banks and legacy systems. This covered freelancers from the US, 1,100 participants. 18% want all their payments to come in cryptocurrencies and 11% want to receive a part of the payments in … Read more
Reading Time: 2 minutesThe weekend was filled with really choppy trading actions. This made cryptocurrency markets have new time lows, erasing most of the gain that was achieved through the relief rally that increased value by up to ten percent. At the moment, Bitcoin trades down at around 7% less than the day before, at a price of … Read more
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