Cryptocurrency News
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 […]
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 […]
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 […]
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 […]
Singapore can become a crucial region regarding cryptocurrencies. The recently introduced Payment Services Act can pave the way for broader adoption. Similar to measures in other countries, this law helps identify legitimate exchanges and companies. Singapore’s Payment Services Act is Beneficial Those who do not register with the government will […]
China’s stance on cryptocurrencies and digital assets seemingly hasn’t changed much. However, when it comes to handling Facebook’s Libra, battle lines may be drawn fairly soon. More specifically, the central bank is closely monitoring this situation. China Might Regulate the Libra After all A PBoC deputy governor wants China to […]
Reward schemes are in dire need of a revamp globally. Utilizing blockchain and cryptocurrency technologies to make a meaningful change is a logical option. Rewards4Earth, an Australian company, is even going one step further. A Bold Move by Rewards4Earth Late last week, the company confirmed it is working with a […]
Banks have always acted very hostile toward Bitcoin and other cryptocurrencies. Even the underlying blockchain technology was widely considered to be a fad. Today, the tune played by financial institutions is very different. The Tune of JPMorgan is Very Different So much even that the blockchain hype remains in full […]
Mobile applications can bring a lot of positive attention to cryptocurrency ecosystems. In the case of TRON, there is a community-developed app which is gaining a lot of interest, Until recently, the beta testing of this application was accessible to users. The TRON Mobile App Exits Beta Testing Now that […]
A lot of people were taken aback by Tether issuing a digital gold-backed token. The trading of XAUT on Bitfinex has begun, albeit demand is virtually non-existent. It is very different to “gamble” on the value of a token tied to gold. Who Wants to Trade XAUT on Bitfinex? Especially […]
Albeit the current Bitcoin price is nothing to be overly excited about, the industry is far from dead. In fact, the Bitcoin futures market is seemingly only getting started. It still remains unclear if Bitcoin futures are beneficial to the cryptocurrency industry. Is there a purpose to Bitcoin futures? They […]
OneCoin remains the biggest scam to ever grace the digital currency industry. It now seems that the lawsuit affecting this company isn’t going according to plan either. More specifically, the lawyer representing OneCoin in this case has come under a lot of scrutiny. More OneCoin Lawsuit Drama Unfolds Many believe […]
A lot of ongoing changes and developments in the cryptocurrency space tend to go by unnoticed. BitPay, for example, now lets users buy Mastercard gift cards through its app. It is an interesting way of bridging the gap between cryptocurrency and finance. The BitPay App has Some Interesting Options The […]
Poloniex used to be one of the biggest altcoin trading platforms in the world. Today, it continues to lose traction at an alarming rate. In fact, a report by Coin Metrics paints an incredibly bleak picture where this exchange is concerned. Poloniex Continues to Lose its Appeal The number of […]