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 […]
Crypto
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 […]
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 […]
BitPay now Offers a Crypto Payment Card in the US
Several years ago, crypto debit cards were very easy to come by. Today, things have changed significantly, although new entrants are throwing their hat into the ring once again. BitPay is best known for being a Bitcoin payment processor. The BitPay Card is Available Rather than sticking with that business, […]
Stolen Bitfinex Money is on the Move Again
Over the years, there have been multiple cryptocurrency hacks and thefts. Some of these ventures have been resolved successfully, whereas others go dormant and suddenly note follow-up activity. The year is 2016 when cryptocurrency exchange gets hacked. Illicit Bitfinex Funds Find a new Home During this incident, the company notes […]
Ethereum User Spends Over $2.5 Million on Transaction Fees
There is always one development in the cryptocurrency world that might not make too much sense at first glance. Paying an Ethereum transaction fee of over $2.5 million certainly is rather unique, but primarily costly. Transaction fees are an integral part of most cryptocurrency networks. A Rather Excessive Ethereum Fee […]
Never Borrow Money to Gamble on Altcoin Investments
During the 2017 and 2018 cryptocurrency/ICO craze, some people went to great lengths to invest in these markets. For some, it has paid off well, whereas others now stare down a gaping hole of debt that may never be repaid in full. Borrowing money to invest in financial markets is […]
RIF Directory: The Path Towards Self-Sovereing Identities
RIF stands for RSK Infrastructure Framework and the RIF Directory is an identity and reputation layer for dApps running on the RSK Framework. In addition, RIF also has something called RIF Name Service (RNS), a decentralized service that allows users to have a readable domain on the blockchain. RNS also […]
Chainalysis Confirms Neither ZCash nor Dash are Private, but is Anyone Really Surprised?
Various cryptocurrencies claim to be private, or at least provide some privacy-oriented solutions for its users. A new report by Chainalysis confirms that both Dash and ZCash should not be classified as such, albeit that isn’t a big surprise anymore. Providing privacy in the cryptocurrency world isn’t as easy as […]
Lack of Real-world Use Cases Prevents Smart Contracts From Moving Beyond Stablecoins and Ponzi Schemes
To some people, it would appear as if Ethereum’s smart contract and dApp industry is thriving. Others see the space being dominated by transparent Ponzi Schemes and a stablecoin, hinting at little innovation. The actual use cases for smart contracts remain somewhat limited. Smart Contracts Remain a Niche Industry More […]
Brave Redirected Users to its Binance Referral Link for an Unknown Period of Time
A good controversy in the cryptocurrency industry is never far away. Brave, the browser renowned for its ad blocking and anti-tracking solution, is effectively redirecting Binance users to its own referral links. While many users are impressed by Brave, the browser’s source code hides something interesting. Deceptive Practices by Brave […]
Coinbase Hopes to Persuade the IRS and DEA Regarding its Blockchain Analytics Tool
Coinbase remains one of the biggest gateways to cryptocurrency for both novice and advanced users. It now appears that its in-house developed blockchain analytics software will be made accessible to at least two federal agencies. Law enforcement agencies have shown a keen interest in Bitcoin and other cryptocurrencies. An Interesting […]
The USDT Supply on TRON Surpasses a Major Milestone
When people think of Tether’s USDT stablecoin, the Ethereum blockchain will be mentioned relatively quickly. However, it seems as if the USDT issuance on TRON is also on the rise, as its circulation amount surpassed $2.5 billion. It is rather interesting to see how the USDT supply is distributed across […]
Bitbengrab is the 24/7 Arbitrage Trading Opportunity Traders Crave
Cryptocurrency trading has indeed evolved this past decade – from being a space where looking for fellow traders was highly dependent on chat forums to becoming one of the most ubiquitous activities in finance as adoption frequently tends towards new horizons. As a result, there are numerous exchanges around the […]
Nexo Finance CEO Talks Crypto Lending On Recent Podcast Interview
During a recent interview by the Cryptotesters podcast , the Nexo CEO, Antoni Trenchev provided a lot of insight on the Nexo crypto lending platform. Antoni talked about product offering, digitized gold, potential tax benefits, and more. With being a regulated entity, the company continues to position itself as a leading […]