Cryptocurrency News
Ripple has entered the Egyptian market via an agreement with the National Bank of Egypt, the oldest bank in the nation. This is part of a concerted effort by Ripple to offer financial solutions globally. With the agreement, Ripple has expanded its solutions to one more county. The Agreement According […]
Various governments are still looking to actively regulate Bitcoin and cryptocurrencies. In the US, it appears that some new proposals aim to achieve that goal. With the Federal Reserve exploring the issuance of a CBDC, regulation isn’t too far behind. More Bitcoin Regulation in the US? What the new rules […]
The decentralized finance segment continues to fire on all cylinders. DAI lending has always been lucrative yet it appears that the deposit rates will only go higher from here on out. It is uncanny how stablecoins can yield extremely high interest rates in DeFi. The DeFi Interest Rates Continue to […]
German banks have shown a keen interest in crypto assets as of late. For Bank von der Heydt, taking the next step seems to be a logical decision. It is evident that most commercial banks would love to create their own tokens. More use Cases for Stellar Germany’s Bank von […]
Most financial institutions have willingly ignored Bitcoin and similar currencies for years. In 2020, most of these banks are suddenly jumping on the bandwagon as if there is no tomorrow. CME Group has been on the fence about Bitcoin for a while. CME is Warming up to Bitcoin Albeit the […]
The new EBO Ethereum Crypto Wallet represents an open finance solution that brings self-serving Ethereum token holders a one-stop shop for many of their crypto transaction processes. Starting this month, mobile app users will be able to enter and exit crypto positions quickly and effectively, with a winning user experience […]
Bitcoin has not made too many inroads in the payments industry. That is not for a lack of trying, but simply because merchants remain unconvinced about its viability. A recent disclosure by Anypay will not help matters much in this regard either. Anypay Removes the Bitcoin Payment Option Anypay is […]
The current cryptocurrency market momentum tends to skew the numbers a bit. Whereas Bitcoin is closing in on its all-time high, the other top markets are not even remotely close. That is only normal, as Bitcoin leads this industry by quite a margin. Altcoins Aren’t Following the Bitcoin Trend yet […]
Any arrests involving the use of darknet and Tor technology needs to be scrutinized. Under normal circumstances, it is impossible to link a Tor user to a real-world identity with relative ease. For Eric Marques, it seems his identity was revealed despite him using the Tor network. Tor is not […]
The blockchain industry is firing on all cylinders worldwide. Australia is the latest country to express its plans for this disruptive technology. It appears that a $175 billion fund will be set aside to explore blockchain technology. The Blockchain Effort in Australia Takes Shape This funds is more than necessary […]
The coronavirus has affected many aspects of life in China. Contrary to what most people assume, it can affect Bitcoin mining operations as well. One mine located in a remote suburb has been shut down as a precautionary measure. Coronavirus and Bitcoin Mining It appears the mine is operated by […]
The BitConnect Ponzi Scheme has made quite an impact on the cryptocurrency space. It now appears that a somewhat similar project has popped up in Brazil. Known as Genbit, the company faces some serious allegations. The Brazilian BitConnect has Arrived The company was initially known as Zero10 before being shut […]
Making Bitcoin a viable mainstream payment solution will not be easy. One hurdle to overcome is the incredibly low transaction throughput. While several solutions are in development, external input is always welcome. The Future Looks Bright for Lightning Payments Lightning Labs, a Bitcoin payments startup, may have a new solution. […]
Although a lot of people have high hopes for Bitcoin’s Lightning network, most of the progress has stalled. There is no real decline in support either, but the growth has ground to a halt for some reason. Looking at the statistics provided by BitcoinVisuals, one can see things aren’t progressing […]
Venezuela’s native Petro cryptocurrency has not been too successful so far. A new tax reform may help shake things up, yet it isn’t good news for actual cryptocurrencies. The Petro has not lived up to the expectations from day one. Another Futile Attempt to Promote the Petro A cryptocurrency pegged […]
Hardware wallets are a great way to protect one’s crypto assets. In the case of Trezor, however, there are a few key issues to be addressed. The Kraken Security labs tea has found a way to extract seeds from Trezor hardware wallets. Your Trezor Isn’t Safe Around People More specifically, […]
Centralized cryptocurrency exchanges are a growing problem in the industry. Especially when they either disappear for a while without warning or suspend withdrawals out of the blue. In the case of ACX, an Australian exchange, customers are genuinely concerned. ACX Is Auditing Internal Funds That is only normal, as no […]
Data breaches are almost a daily occurrence in this modern day and age. Even the UN falls victims to such hacks, albeit they don’t always inform the victims right away. During the summer of 2019, the UN fell victim to a large-scale hacking attempt. Major UN Hack Raises Numerous Questions […]