Cryptocurrency News
The world’s biggest crypto exchange is playing dangerous games with regulators. It has continued to act like the market is still bullish, capitalizing on initial coin offerings. However, in its games with regulators, it will be the ultimate loser. This is according to Technology Review, a publication wholly owned by […]
The CEO of AriseBank has pleaded guilty to scamming $4.2 million from hundreds of investors. Jared Rice Sr. was initially looking at over 120 years behind bars for all the charges he faced. However, according to a report by Dallas News, he only faces 20 years for one count of securities […]
Cryptos will ultimately replace the banks, right? Wrong. At least not according to one executive at JPMorgan Chase. The traditional banking industry is so intertwined with society that it’s practically impossible to uproot, he believes. Banks haven’t been the most enthusiastic when it comes to cryptos. Jamie Dimon, the JPMorgan […]
Bitcoin has hit $4,000 again. This is the first time that the currency has claimed the important level in March. The last time it traded above $4,000 was February 24, a day in which it went up to $4,200. The currency’s price has been going up consistently since yesterday. It […]
Just like a moth to a flame, Tether always finds a way to steer itself into controversy. In the past, the crypto community has questioned its U.S dollar pegging. Some reports have also accused the stablecoin of being used to influence bitcoin’s price. And now, it’s back on the headlines […]
As it does with any other trend, Hollywood is making a movie about cryptos. Coming to theaters in April, the movie is named ‘Crypto’, but it leaves much to be desired. Its trailer premiered two days ago, but it has already been the subject of ridicule. It tells the story of […]
Facebook’s cryptocurrency plans could rake in $19 billion in revenue for the social media giant. This is according to Ross Sandler, an internet analyst with Barclays. In a note to investors, Sandler stated that ‘Facebook Coin’ provides a new and lucrative avenue for Facebook to dominate payments. The Menlo Park, […]
It was one of the biggest headlines of the year. Barely two weeks ago, details emerged that Samsung’s new flagship phone would come with a built-in crypto wallet. At the time, the wallet was said to support four cryptos: Bitcoin, Ethereum, Enjin Coin and Cosmo Coin. However, in a new […]
In the past two years, countless investors have lost hundreds of millions of dollars to crypto-related scams, unfortunately so. In San Diego, California, one such perpetrator faces 25 years in prison for his crime. He pleaded guilty to two separate counts. Morgan Rockcoons is a bitcoin entrepreneur who has had […]
Only three percent of Brits own cryptocurrencies according to new research. The research was conducted by the Financial Conduct Authority, the U.K’s financial services regulator. A majority of these crypto owners are men, aged between 20 and 44. Of those who own cryptos, an overwhelming majority describe it as a […]
“Bitcoin has no real-world applications.” How many times have you heard this? Despite the best efforts of every crypto enthusiast worldwide, the number of merchants accepting crypto is still relatively small. So, when a report emerged claiming that Starbucks would accept payments in bitcoin, the crypto world went crazy. However, the […]
Bitcoin is trading at $3,758 at press time, down 2.4 percent in the past 24 hours. The currency is now down ten percent since hitting its yearly high at $4,200. And despite losing the momentum that had brought back hope in the midst of a brutal bear market, the currency […]
It’s been an action-packed couple of days in the past week for the crypto industry. Bitcoin resurged and took back $4,000 while Coinbase listed XRP. And it’s only getting better. HTC announced yesterday that it will offer Decentraland’s LAND and MANA tokens on its Exodus smartphone. Exodus is HTC’s flagship […]
Nasdaq has launched real-time bitcoin and ethereum price indexes. The Bitcoin Liquid Index and the Ethereum Liquid Index are the products of Brave New Coin, a blockchain and crypto data company. The stock exchange adds the two new indices to its wide data suite which hosts over 4,000 indices. Brave […]
After years of lobbying, hoping, wishing and disappointment, it has finally happened. XRP is launching on Coinbase Pro. In its announcement today, Coinbase revealed that support for XRP will initially be available for Coinbase Pro users in the U.S, excluding New York. It will also be available in the U.K, […]
Cybercriminals have continued to be a menace all over the world. And while their victims keep finding better ways to protect themselves, the criminals invent a new way to breach the security protocols. One trend that has become a favorite with cybercriminals is the use of cryptos for ransom. Easy […]
Many of us regard Elon Musk as one of the most influential innovators of our generation. Musk is the brains behind Paypal, SpaceX, Neuralink, the Boring Company, Tesla and more. In the course of his innovations, he has racked up quite a fortune. According to Forbes, he is the world’s 54th […]
When you think of Facebook today, a pioneer in privacy isn’t the first thing that comes to mind. But you should, at least according to its founder Mark Zuckerberg. In a recent interview, Zuckerberg broke down all the efforts that the social media giant has made to secure user data. […]