Harvest Finance suffered a huge loss of $34 million at the beginning of this week and is offering a reward to track down the attacker The $1 million bounty will be paid to anyone who provides hard evidence that leads to recovering the stolen funds. Harvest Finance initially offered two rewards but seeing as nothing …
Harvest Finance sets $1M bounty for recovery of stolen funds Read More »
Changpeng Zhao hits back after serious allegations were made against the exchange, in particular, its US arm Following allegations made against the exchange, the CEO of Binance, Changpeng Zhao has struck back saying that the exchange didn’t establish the US arm with intentions of skirting enforcement. Zhao also asserted that there were no profit motives …
Binance CEO claims US branch was NOT set up to evade regulations Read More »
The Bitcoin price has been rallying in recent weeks, and one of the significant contributors are wrapped crypto tokens Bitcoin is currently rallying and operating at a level last seen since 2018. The price of the leading cryptocurrency is currently trading around the $13,500 region after attempting the $14k mark a few days ago. ` …
Wrapped crypto tokens contribute to Bitcoin rally Read More »
Bitcoin recently touched a high of $13,800, which is likely the peak of an upside parabola whose outlook suggests a correction to $12,300 While BTC/USD looks like holding above $13,000, a bearish flip to prices near $12,000 is likely if we consider the historically accurate upside parabola pattern. Bitcoin’s recent jump to highs above $13,800 …
This fractal pattern suggests Bitcoin could dump to $12,000 Read More »
If Bitcoin tanks below $13,000, LINK/USD will likely fall to prices below $10.00 ChainLink’s downward action threatens to wipe all the gains made since the rally to highs of $19.81 seen in August. At the time of writing, ChainLink bulls are struggling to defend the area around $11.00, with the price down 6.6% in the …
ChainLink price analysis: LINK vulnerable if Bitcoin fails to hold above $13,000 Read More »
Mastercard’s chief executive Ajay Banga sides with CBDCs over crypto, saying that the latter’s volatility scares away new investors While the financial service company has pledged to get 1 billion people connected to the banking system, the executive doesn’t see any major impact of cryptocurrencies in achieving the milestone. Banga believes that Bitcoin is not …
Crypto’s volatile nature discourages adoption | Mastercard’s CEO Read More »
KP3R, the native offering of Andre Cronje’s latest project, recorded a massive surge just hours after its launch Andre Cronje is well known in the decentralised finance sector for having founded Yearn Finance. The surge is indeed positive news for Cronje, whose last project Eminence suffered an attack, losing about $7 million in the process. …
Keep3r Network’s native token posts 2,000% upswing Read More »
DOT/USD traded as high as $4.80 before increased bearish pressure pushed prices to lows of $4.25 Polkadot price has dropped below a key support area and looks increasingly weak on lower time frames. The weakening bullish outlook comes amid widespread sell-offs in the crypto market, which could see the sharded protocol’s token trade lower in …
Polkadot (DOT) turning bearish and could see price sink to $3.75 Read More »
Coinbase will allow the U.S customers to use its Visa card to make purchases starting next year Cryptocurrency exchange Coinbase will be launching its Visa debit card in the United States by next year. The company announced yesterday that customers could join the waitlist for the Coinbase card. According to the cryptocurrency exchange, the Visa …
Coinbase to launch Visa card in the United States Read More »
BCH price above $260 as bulls aim at retaining momentum towards $300 Bitcoin Cash price held above a major support level, surging to highs of $280 before a slowdown saw prices settle near the critical zone at $266. Notably, Bitcoin Cash remained green on a day Bitcoin (BTC) price nosedived from highs of $13,800 to …
Bitcoin Cash (BCH) defies altcoin dump after Bitcoin nosedives Read More »
The current US President’s site was hacked yesterday before his team managed to regain control Around 7 pm Eastern Time yesterday, the About Page of the Trump Campaign website momentarily displayed a message that read,” this site was seized. the world has had enough of the fake news spreaded daily by president donald j. Trump.” …
Hackers attack Trump’s campaign website in a crypto scam Read More »
Bitcoin’s transaction fees have posted a massive surge that has seen the average fee go to double figures According to data obtained from crypto aggregator platform Glassnode, transaction fees constitute 22.25% of Bitcoin miners’ income whereas the rest (77.75%) is made up of the block rewards. This current share of fee revenues is so far …
Ethereum ahead in fees revenue despite Bitcoin’s 198% fee rise Read More »
JPM Coin, the digital currency of banking giant, JPMorgan Chase, is now live following months of development JPMorgan Chase, one of the largest banks in the United States and the world, announced the launch of its JPM Coin yesterday. Takis Georgakopoulos, JPMorgan global head of wholesale payments, revealed that the bank believes the hype surrounding …
JPMorgan launches JPM Coin, seeks to build its revamped blockchain network Read More »
Litecoin breaks below $58 after testing a critical resistance line while ADA drops below $0.100 While Bitcoin (BTC) has traded higher over the past two days, several large – cap altcoins have struggled to piece together a similar trend. Ethereum broke above $400 but is back below the level, as is XRP that traded at …
Bitcoin (BTC) investor suggests BTC above $14,000 opens a clear path to $20,000 Bitcoin’s steady grind up the charts has seen it hit a high of $13,864, a level just shy of its 2019 highs around $13,880. The market is largely bullish on BTC hitting a fresh weekly close high, with the monthly close also …
Only one resistance level above Bitcoin’s rally to $20,000 — Analyst Read More »
The London-based Fintech firm is looking to open a number of physical crypto branches and operations in Northern India The blockchain company, Cashaa, announced yesterday it will be collaborating with India’s United Multistate Credit Cooperative Society to develop a new venture. The two seek to jointly build a crypto-friendly institution dubbed UNICAS and will include …
UK blockchain firm to build crypto banks in India Read More »
The global DeFi alliance launched a western arm as eight new top projects commit to the consortium The alliance, backed by a Shanghai science and technology institution, welcomed new members in eight of the western world’s top DeFi projects. The Open DeFi Alliance will now have a reach that spans from East to West following …
Jack Ma, the founder of Alibaba Group, praised the innovative nature of digital currencies and believes that they will create value in various economies Jack Ma, the founder of Alibaba Group, recently addressed bankers and regulators at the Bund Summit in Shanghai. The now – retired founder and Chairman of the company spoke at length …
Alibaba’s Jack Ma believes digital currencies could create value Read More »
Ethereum price is -3.3% down but its rebound above $390 is key to bulls While Ethereum (ETH) and most other altcoins have traded lower in the past 48 hours, technical indicators suggest that the price of ETH is likely to recover above the major resistance area within the coming days. According to on – chain …
Ethereum bounces off crucial support area but faces major hurdle Read More »
Hash rate has slumped from 151 EH/s to 132 EH/s but Bitcoin price remains bullish around $13,000 Bitcoin continues to trade around the $13,000 level even as the network’s hash rate slumped to new weekly lows. Data from Blockchain.com shows that Bitcoin’s seven – day moving average hash rate fell from 151.09 EH/s on October …