Cryptocurrency exchanges have to come up with new products to maintain a competitive edge. In the case of MXC Exchange, that new product is not necessarily all that new. Its leveraged cryptocurrency ETFs are attracting a lot of attention and volume, for good reason. Leveraged Cryptocurrency ETFs are Convenient A […]
Author: JP Buntinx
LID Protocol Debuts a Solution to Eliminate Rug Pull Scams Forever
The crypto market bulls have rallied significantly in the past month as speculation overtook fundamentals or what would have otherwise been a fair price valuation for crypto assets. This was majorly fueled by the growth of Decentralized Finance (DeFi), a niche that skeptics are now comparing to the 2017 ICO […]
Liquid Security Issue is Acknowledged by Blockstream, Patch Coming Soon
Crypto Reddit is currently paying very close attention to a recently discovered bug in the Liquid protocol. Some even claim that Blockstream knew about it and potentially put it there purposefully. It has been an interesting week for the Blockstream team. Blockstream Will Fix the Liquid Security Issue Facing allegations […]
DeFi Platform Balancer Notes a Security Incident
Despite ongoing growth in the DeFi industry, security concerns remain in place today. Balancer, a project gained traction last week, has gone through a security incident over the weekend. Balancer is one of the DeFi projects gaining a lot of attention lately. A Major Security Incident for Balancer This is […]
Cash is King Among US Citizens During COVID-19 Crisis
For many years now, there have been numerous efforts to ensure that using cash is no longer an option. Keeping that in mind, one has to wonder why Americans are hoarding cash as of late. Ongoing financial concerns regarding COVID-19 have forced the hands of central bankers. US Citizens are […]
China’s First Real Blockchain Test Focuses on Allocating Public Resources
It is a well-known fact that China wants to go all-in on blockchain technology. Launching a public resource bidding platform based on this technology is one way of pushing that agenda. Various blockchain projects are under development in China today. Using Blockchain to Allocate Public Resources If everything goes according […]
Telegram and the SEC Settle on a $18.5 Million Fine
Telegram is one of the companies that saw its token sale being investigated by the SEC. It now seems both parties have come to an agreement to settle this matter once and for all. The SEC has been on Telegram’s case for some time now. SEC – Telegram Spat is […]
New York may Finally Ease up on Crypto Regulations
New York has always been a tough region for cryptocurrency firms. Strict and somewhat unnecessary regulation have made this a region to avoid. After many years of complaints, that situation may finally come to change. Is New York Getting Rid of the BitLicense? Following ongoing industry growth, cryptocurrencies have remained […]
Brazil’s Central Bank Officially Bans WhatsApp Payments
Being able to choose one’s favorite payment method should be a breeze in this modern day and age. If the central bank of Brazil has a say in the matter, choices will remain limited forever. Several payment options exist all over the world. No More WhatsApp Payments in Brazil Mobile […]
CoinGecko Rewards Loyal Users With Candy Loyalty Points
Engaging the cryptocurrency community for more than two minutes at a time is anything but straightforward. CoinGecko has introduced a new type of reward system that aims to reward users for coming back to the site every day. CoinGecko has become the leading crypto data aggregator today. A Smart Business […]
Is PlusToken Preparing to Dump Millions of EOS?
Over the past few months, there have been ample concerns regarding the PlusToken Ponzi scheme. It now seems that the people behind this project are cashing out their EOS tokens. For a while now, PlusToken has been making headlines. Another PlusToken Plot Twist Most of the comments confirm that this […]
Bittrex Global Users can now Fund Their Account With Mastercard
Cryptocurrency exchanges will help the industry grow beyond its current capacity. Doing so requires accepting common payment methods, and Bittrex Global is doing exactly that. It has been a while since Bittrex Global made news headlines. Mastercard Funding for Bittrex Global Users Not because the company isn’t working hard, but […]
Even the New York Fed Doesn’t Know the Meaning of Fiat Money
There are many labels one could attribute to Bitcoin and other cryptocurrencies. A recent statement by the New York Fed, however, has the crypto community up in arms. Governments and regulators are often criticized for not understanding cryptocurrencies. The New York Fed Lost the Plot Nor do they show that […]
Kin Will Explore a Third Blockchain for its Cryptocurrency Project
The KIn cryptocurrency project has seen its fair share ups and downs. Not that the project is still going forward of sorts, the switch from a Stellar fork to Solana has been officially approved. A lot of people were looking forward to seeing Stellar’s forked blockchain being put to the […]
The Federal Reserve Suddenly Dislikes Central Bank Digital Currency Idea
Creating a central bank digital currency has become a priority for many institutions. Not everyone is in favor of this approach, including some members of the Federal Reserve. There are no proven benefits to a central bank digital currency at this time. Fed Dislike Central Bank Digital Currency Ideas It […]
WisdomTree Trust Files for a Bitcoin ETF Tied to Futures Contracts
Bitcoin ETFs have not been too successful in passing their biggest hurdle: the SEC. Despite virtually no chance of being approved ,it appears that WisdomTree is trying its hand at another ETF proposal. One has to commend any company attempting to launch a Bitcoin ETF in the past, present or […]
60% of the BTC Supply Consists of Dormant Bitcoin
Given the limited supply of Bitcoin, one would assume that all coins are being moved on the network regularly. That is no longer the case, as the amount of “dormant” BTC has hit a new high. The longer coins remain dormant, the more bullish speculators tend to get. Dormant Bitcoin […]
Zoom Aids China’s Government in Censoring Specific Content
During the COVID-19 pandemic, virtually the entire world has turned to online communication tools and software. Zoom is by far the most popular offering on the market, although it too will bend the knee to China’s government like anyone else. A lot of things are happening behind the scenes of […]