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 […]
Crypto
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 […]
Point-of-sale Payment Processor Anypay Removes its Bitcoin Payment Option
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 […]
Altcoins Severely lag Behind Bitcoin in This Latest Bull run
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 […]
Darknet Operator Faces 30 Years in Jail yet his Arrest Raises Many Tor-related Questions
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 […]
Australia is Willing to Throw a lot of Money at Blockchain Efforts
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 Threatens Chinese Bitcoin Mining Operations
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 […]
Genbit may Become the BitConnect of Brazil
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 […]
Lightning Labs Tries to Take Bitcoin Payments Mainstream
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. […]
Bitcoin’s Lightning Network Struggles to Sustain any Real Growth
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 Plans a Tax Reform to Boost Petro use and Thwart Actual Cryptocurrencies
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 […]
Design Flaw Puts all Trezor Hardware Wallets at Risk
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 Exchange ACX Freezes Withdrawals Following “Audit”
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 […]
Hackers Steal 400GB of Data From UN Servers, Thousands of Employees Affected
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 […]
The Chinese CBDC Will Have Transactions Approved by the PBoC
A lot of people wonder about China’s CBDC. Little information has come to light so far, yet new details continue to trickle in over time. In the most recent update, some of the suspicions have been confirmed by official sources. China’s CBDC Will be Fully Centralized First of all, this […]
Even Fake Reviews Couldn’t Delay the Demise of OneCoin
The success of OneCoin has been well-documented over the years. Many people wonder how this known Ponzi Scheme has remained successful for so long. As it turns out, several factors have contributed to the ongoing success. The Web of Lies Surrounding OneCoin One of the more controversial findings is how […]
Some Exchanges Monitor Bitcoin Transactions After Withdrawals for CoinJoin Activity
The concept of adding more privacy to one’s cryptocurrency remains controversial. A growing number of service providers seemingly wants nothing to do with transactions subject to CoinJoin practices. This problem has been going for quite some time now. CoinJoin and Bitcoin Remains Controversial for Exchanges For some reason, several exchanges […]