Во вторник, 14 мая, крупнейшая цифровая валюта продолжает набирать в стоимости и уже пробила очередную психологическую отметку в $8000.
Back in the ICO boom of late 2017 and 2018, it was too easy for anyone to enter the crypto space with little more than a white paper and a sales pitch. However, once their ICO was over and the spending sprees started, even the most well-intentioned projects struggled to sustain themselves. A quick browse […]
Tether has been the center of rumors and speculation for a long time; however, the rumors and speculations reached a peak when NYAG, Letitia James, filed a lawsuit against Bitfinex and Tether for defrauding investors by covering up losses. The lawsuit might have subsided after the new injunction by New York Supreme Court, but it […]
Bitcoin’s Lightning Network designed to free up Bitcoin’s on-chain congestion and improve its scalability seems to have lost its mojo as the network capacity, among others, have started declining for over a month. The network capacity for Lightning Network, at press time, was 1020 BTC, which is worth $8.1 million. Over the course of a […]
Bitfinex, the controversy-ridden cryptocurrency exchange, announced its collaboration with a hybrid Ethereum-based trading platform, Ethfinex, to launch an Initial Exchange Offering [IEO] platform, Tokinex. This development comes after the recent debut of Bitfinex’s exchange utility token [LEO]. After much development to ensure a user-optimised experience, we are proud to unveil the latest product in our portfolio, Tokinex, […]
That Gibraltar became a leader in the blockchain world did not come as a result of an accident. It was due to meticulous planning, the synergy between different stakeholders and leaders who have the will to confront risks. By virtue of its nature and status gained, Gibraltar has carved a niche for itself as a place for spotting and taking advantage of the latest advancements in technology. After speeding ahead of others in licensing of the gaming sector, it went ahead to set up one of the most impressive gaming hubs found anywhere in the world. It is indeed very heartwarming to declare that this development is occurring simultaneously with advancements in blockchain technology. The Rock of Blockchain Technology Focusing on blockchain technology has given Gibraltar the ability to make a leadership statement again on the global platform. It is now the first place on earth to come up with a dedicated blockchain regulatory framework. That is very impressive, considering the fact that huge
AMD has been launching a more powerful graphics card suitable for crypto mining in GPU. Nvidia assumed that the cryptocurrency market will never recover. However, AMD was preparing for the next bullish cycle in the cryptocurrency market. The current rebound in prices is a clear indication that AMD is prepared for a price increase. Investors have been going recently to Bitcoin and cryptocurrencies. This is evident in the recent Bitcoin price action. Hartnett believes that, when it comes to the investor’s appetite for Bitcoin, the interest is due to the investment strategy of high risk and high reward. The low bond interest rate yielded eroded gains during the recession in 2008. Investors have been forced to adopt a greedy business strategy. This, in turn, has caused investors to start trading aggressively with the cryptocurrency. They did this with the hope of capitalizing on the next Bull Run in the market. Hartnett also felt that investors are currently investing heavily in
Bitcoin’s market cap now accounts for 58 percent of the entire crypto market. Last time Bitcoin’s share was that large, the Bitcoin price was at its historic high of around $20,000. Bitcoin is constantly outperforming the mean of the altcoin market. Even Mike Novogratz, the billionaire CEO of Galaxy Capital and a former hedge fund manager at Fortress Investment Group, believes alternative cryptocurrencies, or altcoins, will be outperformed by bitcoin in the bull market. Altcoins typically mount in value when the bitcoin price shows stability at a tight price range, leaving investors to take high-risk and high-return options over the dominant cryptocurrency. The optimism towards bitcoin, despite the emergence of sophisticated altcoins, is well founded due to the involvement of major financial institutions in the likes of Fidelity and TD Ameritrade building infrastructure on top of bitcoin. However, these 3 Altcoins have done better than Bitcoin up till now. It might not be the case in
In an open letter to Representative Tom Emmer, IRS Commissioner Charles Rettig promised to make clarity around cryptocurrencies for taxpayers a priority at his agency.
By CCN: As CCN earlier reported, Craig Wright has officially filed a copyright claim for the Bitcoin whitepaper. But what does this mean for Bitcoin and crypto generally? In short, it means very little. For starters,
“There is no such thing as consensus on the Lightning Network; instead, we have compatibility. That means you can literally break the rules of the majority, as long as there are other people that have an incentive to break the rules with you. “
Adoption of cryptocurrency is increasing quite steadily and is still expected to do better numbers in the new future. Many big firms are considering cryptocurrency and blockchain projects and more are expected to follow. In a new and interesting turn for adoption, Thailand’s oldest bank, Siam Commercial Bank, recently published a blog post on its official website, showing its interest and use of blockchain technology and digital assets. Siam, which is also the largest commercial bank in Thailand, specifically points to Bitcoin, Ripple and VeChain. Amongst other things, the blogpost delves into the use of blockchain technology by various sectors to proffer all kinds of solutions for better effectiveness and efficiency. Music Streaming Music streaming apps using blockchain to connect artistes to listeners and fans without any need for middlemen is touched on in the publication. It mentions Musicoin, a platform which is used for the creation and distribution of music. Now running on
The number of cryptocurrency hacks and attacks continues to grow as time passes. Hackers become more and more sophisticated and users more vulnerable. This time, SIM hijackers were able to steal $100,000 from Sean Coonce, a recognized crypto engineer. Here is what happened. Cryptocurrency Engineer Losses $100,000 Coonce is the engineering manager at the cryptocurrency custodian BitGo. He has revealed on Twitter how hackers stole $100,000 from his Coinbase account using a sophisticated method to hijack his SIM card. Conce explained that he attacker ported his SIM card to a device that they were able to control last week. The engineer just realized about it when he lost his cellular network when he was using his smartphone. The attacker initiated a password recovery process for Coonce’s Coinbase account. The password reset link could only be sent just after 24 hours, but the attackers deleted the email and the evidence just
Australia has become a popular crypto scam location with several cases reported yearly. The Australian Securities and Investments Commission (ASIC) has issued a fresh warning against another scam that has shown up in the country. The scammer is said to use two names, Dartalon Ltd and GFC Investments to scam unsuspecting members of the society which both have websites that the ASIC says have not been licensed to operate as financial institutions in the country. Crypto related crimes of this sort have become quite common in Australia. As reported by CoinDesk, the country was on a quest to determine appropriate jail terms for cryptocurrency exchange offenders in the country in 2017, but this has not helped in reducing such crimes. In 2018, Australia’s consumer protection watchdog, the Australian Competition and Consumer Commission (ACCC) reported that cryptocurrency fraud rose by 200 percent in. The watchdog also published another report at the end of April which showed that Bitcoin
The Glimpse Protocol, backed by ConsenSys’ Tachyon accelerator, is using Ethereum and Dai to give users complete control of their data.