The coronavirus outbreak continues to dominate global media headlines. To raise more awareness regarding this incident, a digital token known as CoronaCoin was created. Most people would deem the creation of such a token to be distasteful. A Different Take on the Coronavirus However, this is not a way to […]
Crypto
Why are TRON Genesis Tokens Used to “Swing” a Community Vote?
There is always some degree of controversy in the cryptocurrecy space. This time around, the TRON community is on fire, albeit not necessarily for a positive reason. The TRON ecosystem operates very differently from most other cryptocurrencies. Juicy TRON Drama Emerges Some users are representatives, but there are also Super […]
Enigma is the Latest ICO to get Punished by the SEC
A lot of ICO projects have come under SEC scrutiny since 2017. The latest to get scrutinized is Enigma, a company raising roughly $45 million. Most initial coin offerings will be scrutinized sooner or later. Another ICO Gets Punished Virtually all of them raised money by selling unregistered securities. Such […]
Irish Officials Confiscate Over $60 Million in BTC From a Drug Dealer
A lot of criminals flock to Bitcoin due to its perceived anonymity. Most of those people end up in jail eventually, including one Irish drug dealer. On the darknet, Bitcoin is often considered to be a prominent payment method. A Massive Amount of Bitcoin Seized A lot of people think […]
No one Should Stake Tezos on Coinbase and pay a 25% Fee for Doing so
An exchange on the scale of Coinbase should charge minimal fees. Unfortunately, that is far from the case, and it seems to grow worse. Especially where the staking of assets is concerned, things do not look too promising. Don’t use Coinbase to Stake Assets Recently, Coinbase confirmed how its users […]
DeFi Protocol bZX Gets Abused Once Again
As if one attack against a DeFi protocol is not enough, bZX keeps generating headlines. The protocol has been “abused” for the second time in less than a week. One could argue that the first incident is not even a hack. bZX Should Just Give up Instead, it is someone […]
Max Keiser Makes Alex Jones see the Benefit of Bitcoin
Alex Jones is a very interesting individual for a wide variety of reasons. It now seems he has finally come to terms with Bitcoin being a real thing. Many mainstream “influencers” have opposed Bitcoin and altcoins for nearly a full decade. Alex Jones Finally Acknowledges Bitcoin Sooner or later, they […]
More Details Regarding the bZX Incident Have Surfaced
A few more details have come to light regarding the recent DeFi hack. The bZX theft raised a lot of questions, and some answers have now been provided. Figures indicate that roughly $360,000 worth of Ether has been earned by a criminal through the platform. A Complex bZX Story Unfolds […]
DeFi Protocol bZX Suffered From a Smart Contract Exploit
The world of decentralized finance has yet to be put through a big security audit. For bXZ, such an audit will come too late, as the DeFi protocol has already been hacked. Earlier today, news broke of an incident affecting bXZ. bZX Fails to Secure its Smart Contract Although this […]
The IOTA Network Remains Paused Following the Recent Incident
The IOTA network remains in an awkward state after the recent security incident. Despite seemingly finding the flaw, the network still hasn’t moved all that much. It is important to nip any security threat in the bud as quickly as possible. The IOTA Network Issues Remain in Place In the […]
The DOJ Claims Every Bitcoin Mixer is a Money Laundering Business
The concept of a Bitcoin mixer has always been somewhat controversial. The recent statements by the US DOJ will only thicken the plot in this particular regard. A few years ago, the Bitcoin mixer landscape was very competitive. Using a Bitcoin Mixer is a Crime in the US Most of […]
XRP/USD Flash Crash on BitMEX Highlights the Dangers of Margin Trading
Not a week goes by without some controversial action affecting a cryptocurrency exchange. In today’s edition, BitMEX is getting a lot of attention for its unusual XRP market behavior. It is evident that the current bullish market behavior has a lot of people excited. BitMEX Flash Crash Turns Very Costly […]
Ripple Could Take Billions From SWIFT Through National Bank of Egypt Deal
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 […]
US Officials Hint at Extra Regulation for Bitcoin
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 […]
DeFi Interest Rates for DAI Continue to Grow
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 […]
Major German Bank Taps Stellar for Digital Securities Digitization
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 […]
CME Continues to Showcase its Appreciation for Bitcoin
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 […]
A New Ethereum Wallet – And Capability for Tomorrow’s ETH Hodler
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 […]