In the latest crypto heist, hackers nabbed 1,400 bitcoins belonging to a long-time holder Although it may appear that crypto crime has taken a bow over the past few months, it still remains active under the radar. Incidences of Bitcoin-related hacks haven’t been picked or reported by the media owing to the reduced frequency of …
Hacker steals over $16 Million in Bitcoin via a wallet exploit Read More »
It appears that most crypto traders in Japan have jettisoned XRP and Mona altcoins in favour of Bitcoin According to data obtained from the Japan Virtual and Crypto Asset Exchange Association (JVCEA), Japanese traders are moving away from altcoins. This means that a thumping majority of new traders that made their entry into the market …
Crypto traders in Japan shelve altcoin trading for Bitcoin Read More »
ETH/USD trades above $420 as data by Skew shows traders expect a short term price surge While Bitcoin aims to hold above $11,600 going into the monthly close, Ethereum bulls are eyeing prices above $440 as they move closer to a two-year high. Elsewhere, Litecoin (+6.2%) and Vechain (+6.3%) are the biggest gainers among the …
Ethereum options data is bullish following two-year high Read More »
The decentralised finance (DeFi) has been experiencing massive growth in recent months as the total value of assets locked approaches the $8 billion mark The value of the DeFi ecosystem has surged considerably in value over the last month. Since the first week of the month, the total value of assets locked in DeFi is …
DeFi value up by 85% in August, closing in on $8 billion Read More »
YFL has risen by 1,677% in just two weeks. Can it trace some of YFI/USD’s 100,000% rally since July? YFL is up 36% in the past 24 hours, with the token’s value likely to test the area above $800 following a spectacular few days. With the DeFi craze still ongoing, YF Link could rocket even …
YF Link (YFL) surges to $745 — DeFi boom still ongoing Read More »
Bitcoin miners hold more coins than they did two years ago even as price remains capped around $11,400 Miners on the Bitcoin network have increasingly become bullish about the top cryptocurrency’s potential long term gains, per data collated from wallet addresses. This is despite the price of Bitcoin r struggling to stay above $11,500 and …
Binance has joined forces with Oasis Labs to develop a platform that will facilitate threat intelligence sharing among crypto exchanges News about the collaboration emerged yesterday when cloud computing developers, Oasis Labs, made a statement confirming the alliance. Binance is renowned as the world’s largest crypto exchange, with the partnership aiming to reduce fraud in …
Binance teams up with Oasis Labs to build an anti-fraud platform Read More »
Sell-off pressure has seen DOT/USD price drop nearly 16% since touching a new high of $6.79 The price of sharded protocol platform Polkadot’s token has dropped nearly 16% as of writing as increased sell-off pressure shreds the bullish momentum seen over the last seven days. With trading support added on major crypto exchange Kraken this …
Polkadot (DOT) hits major resistance after rallying 200% Read More »
Though some crypto experts are in support of the SEC’s ‘accredited investor’ move, others claim that the move does not go far enough The US Securities and Exchange Commission (SEC), on Wednesday, announced amendments for the definition of accredited investors. Some in the crypto community feel that it was the right play and have given …
Crypto leaders on the outs over SEC’s latest decision Read More »
Prosecutors in the US filed a lawsuit against 280 cryptocurrency accounts as they are believed to have links to North Korea’s multimillion-dollar crypto theft and laundering networks Prosecutors from the US Justice Department filed a lawsuit yesterday against 280 cryptocurrency accounts allegedly linked to North Korea’s cyber-attack and money laundering network. According to the investigators …
US prosecutors go after crypto accounts linked to North Korea Read More »
Although the leading cryptocurrency saw a decline in March this year along with the global economy, it has shown a remarkable recovery over the last few months Bitcoin had been on an upswing this year before the pandemic began. The sharp corrective move started at the end of February when COVID-19 started spreading throughout Europe …
Bitcoin may see $14,000 by the end of August 2020 Read More »
ATOM/USD drops nearly 9% after surging to highs of $8.86 Cosmos rallied over 35% on Tuesday to climb the crypto charts as one of the best performing altcoins in the market. While the cryptocurrency, which is ranked 17th largest by market cap, retains the upside potential, the correction suggests sellers are intent on more pressure …
Both CELO/USD and CELO/BTC pairs jumped over 50% in 24 hours as the token hit a new all-time high The native token on the CELO network has jumped to an all-time high price against the US Dollar after major US cryptocurrency exchange Coinbase announced it would add support for trading. The value of CELO/USD shot …
Celo explodes 55% as Coinbase Pro adds trading support Read More »
The Banco Central do Brazil (Central Bank of Brazil) is seriously weighing the benefits of a Central Bank Digital Currency Reports from Brazil show that the Central Bank is in the early stages of laying the foundations for developing a CBDC. This comes after an official announcement revealed the bank had already established a committee …
Brazil’s Central Bank considering the development of a CBDC Read More »
Tokyo-based internet and communication giant company, LINE launched a wallet and blockchain development platform for its users yesterday LINE is famed for its freeware application that allows instant communication for smartphones, tablets and computers. The company has also launched other products and services, such as Line TV, digital comic distribution, Line Manga & Line Webtoon, …
LINE messaging app rolls out two new crypto projects Read More »
CELO surged by more than 50% over the past few hours after Coinbase revealed it is listing the coin on its Pro trading platform Coinbase pro has announced it is supporting Celo (CELO) coin. Following this announcement, the coin rose by roughly 55% against the USD and BTC over the past few hours. The rapid …
CELO reaches new high after Coinbase Pro listing announcement Read More »
Bitcoin has dropped nearly 9% since hitting $12,485,but could see more losses according to analysts. Bitcoin’s drop to lows of $11,000 is that a tip of the many pullbacks that the market should expect as the top cryptocurrency matches towards a new all-time high. That is the advice and opinion of Josh Rager, the co-founder …
Bitcoin in a bullish cycle but expect pullbacks of 40% Analysts say Read More »
Bitcoin price has declined by about 4% in the past 48 hours, dropping from highs of $11,780 to lows of $11,079 The latest pullback for Bitcoin has seen its price drop from around $11,780 to $11,079, with the technical picture suggesting bears might push it to major support levels around $10,900. BTC/USD has traded in …
Bears eyeing Bitcoin at $10,900 after testing $11,079 Read More »
The spike has been seen in the aftermath of Black Thursday in March this year as lockdowns across the world began According to recently published research by US-based security vendor Symantec, cryptojacking may be making a comeback. The study showed a significant and sudden spike in the number of detected cryptojacking events. This online threat …
Cryptojacking has seen a recent spike: Symantec reports Read More »
A new batch of US crypto users have received warning letters from the Internal Revenue Service, marking the second time the IRS has sent tax warning letters Along with the controversial virtual currency question in Form 1040, these letters highlight the agency’s effort in managing the crypto tax space. IRS had not conveyed any official …
The IRS is sending tax warning letters to crypto traders Read More »