Cryptocurrency News
Satoshi Nakamoto had a dream. A dream that one day, a few elites wouldn’t have a stranglehold on the monetary system used by billions. A dream that one day, people would rely on a trustless system that the elites couldn’t manipulate. And to bring his dream to reality, he (or […]
A botnet that has been targeting Electrum users just won’t quit. If anything, it seems to be picking up more hosts along the way and getting stronger. In the past month, the number of infected hosts has averaged 100,000. On April 24, the number went up to 152,000 according to […]
One more major player is joining the movement to push crypto adoption mainstream. Online trading platform E*Trade is set to offer crypto trading services, a source revealed to Bloomberg. In doing so, the platform will join close competitor Robinhood which has received a significant push among millennial customers by offering […]
A terrorist organization has turned to bitcoin as it seeks to raise funding for its activities. According to a new report, the military wing of Hamas, known as Izz el-Deen al-Qassam Brigades has been asking its supporters to send in donations using bitcoin. The United States and the European Union have […]
Tether is on the spotlight, again. This time, the largest stablecoin in the market is at the center of an alleged $850 million cover-up. The New York attorney general Letitia James obtained a court order yesterday enjoining iFinex Inc., the operators of Bitfinex as well as Tether Limited, accusing the […]
Bitcoin is still the favorite cryptocurrency for criminals. This is despite the springing up of more than 2,000 cryptos, with some like Monero and Zcash hinging on privacy. However, the crypto king still dominates criminal activity by over 95 percent. In an interview with Fortune, the co-founder and COO of […]
Wondering whether this is the best time to stock up on bitcoin? It is, at least according to a recent report by Adamant Capital. The report stated that the currency is in its last stage of the bear market; the accumulation phase. Bitcoin HODLers have begun committing for the long […]
When bitcoin and other cryptos started rallying on April 2, the cryptoverse was predictably excited. The industry had been extremely slow since November last year. Bitcoin hit $5,000 for the first time in over four months, with some other cryptos registering even higher gains. It wasn’t long before some analysts […]
Binance has always been one to defy expectations. The exchange hit the ground running in mid-2017. At the time, some exchanges had been running for years already. This didn’t stop Binance from becoming the largest crypto exchange by daily trading volume. And in the spirit of defying expectations, the exchange has […]
The crypto industry looked at decentralized exchanges as the long-awaited solution to a very centralized crypto exchanges industry. DEXes, as they are popularly known, give the ultimate control back to the user. They rely on smart contracts to execute the trades, all without having to relinquish your cryptos to an […]
Apri has been a stellar month for the crypto industry. Having begun the month at just above $4,000, bitcoin quickly fought to hit the $5,000 mark again. The rapid gains on the second day of the month came as a surprise to many. However, the currency has held on strongly to […]
Electrum, a popular bitcoin wallet has suffered a denial-of-service attack. The company announced the attack on Twitter, assuring its users that its developers were working on a “more robust version of the Electrum server.” It also advised its users to disable auto-connect and select their servers manually. The source of […]
Mainstream media’s relationship with cryptocurrencies has had many chapters. Initially, most outlets bashed cryptos as just another bubble that would fade in no time. That was back when it was cool to trash the new technology that not many understood. Things changed quickly and the market started being receptive to […]
The cryptocurrency market has been on one of the best runs since 2017. Bitcoin has rallied to hit the $5,000 level before a brief rollback took it to $4,700. However, it has since regained its momentum and currently trades just above $5,000. Litecoin is up nine percent in the past […]
Some have written it off, stating that its best days are behind it. However, Bitcoin has once again proven the doubters wrong. The currency shot up by over 21 percent to hit the all-important $5,000 level earlier today. Making the gain even more spectacular, it happened in less than an […]
Everyone wants to get into crypto. And while most of us get into crypto through legal means, police in Pakistan turned to crime. Three police officers were part of a kidnapping case and demanded 20 million rupees ($142,000). However, police officers thwarted the plan after tracing and arresting the seven-member […]
It may have taken its time to get into the gist of the crypto industry, but its all in now. The U.S Securities and Exchanges Commission has always made its presence known. It has warned severally that some cryptos qualify as securities and should abide by the relevant law. However, […]
Renowned crypto bull Tim Draper has in the past made known his deep belief that cryptos are the future. He is so confident in bitcoin that this time, he decided to go one step further. He made a bet with the president of Argentina, Mauricio Macri. And if Draper wins, Argentina […]