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 […]
Tag: bitcoin
Grayscale Buys 800% More Bitcoin Compared to Q1 2019
Since the Bitocin halving, there has been a lot of attention on Grayscale’s Bitcoin Trust. As it turns out, the Trust’s aggressive BTC hoarding indicates that more coins have been bought compared to the minted supply post-halving. Investors can be exposed to Bitcoin in many different ways. Grayscale Wants all […]
New Documentary Explains Bitcoin’s Potential in Africa
For many years now, there have been claims as to how Bitcoin is allegedly making inroads in Africa. A new documentary airing on Amazon Prime seems to confirm as much, albeit there is still plenty of work to be done. Africa is a continent where financial hardship is the new […]
New to Bitcoin? Beginners Guide to Buying Bitcoin Now
Following a brutal bear market in March, bitcoin has rebounded and continues to hold strong, despite the volatility of traditional markets. Meaning a buy-in now could save you later. Those who are new to trading look at the price of bitcoin- currently hovering strongly around $8,000 per BTC, and don’t […]
In one day a 15 years old teenager earned 0.7 BTC!
(Photo taken from facebook.com. Karl (right) with a friend) In the USA (Miami, Florida), a 15 years old teenager earned 0.7 BTC in one day. The teen’s name is Karl Miller, he is a Miami Country Day School student. Local media asked him several questions about how he did it, […]
Bitcoin users can now Access Ethereum’s DeFi Through tBTC
The competition is heating up when it comes to tokenizing Bitcoin on the Ethereum blockchain. The launch of tBTC is very interesting to behold, especially for those seeking active exposure to decentralized finance. Most people are aware of wBTC, or Wrapped Bitcoin. tBTC has Launched on the Ethereum Blockchain It […]
Ethereum has More Bitcoin Locked up Through wBTC Compared to Bitcoin’s LN
There is an ongoing issuance of wrapped BTC – or wBTC – on the Ethereum blockchain. It appears that this token is in very high demand, as the recent issuance of Wrapped Bitcoin has a higher USD value compared to the entire Lightning Network. Issuing Bitcoin on the Ethereum blockchain […]
Litecoin Maintains a Higher SegWit Adoption Rate Compared to Bitcoin
There are many different cryptocurrency networks that have integrated Segregated Witness technology over the years. Litecoin, while often overlooked by traders and investors, still boasts a much higher SegWit adoption rate compared to Bitcoin. It is always interesting to see how different crypto networks shape up compared to one another. […]
Bitcasino Partners with The Giving Block to Stream Charity Concert in Fight Against COVID-19
Two of the leading platforms in crypto use-based activities have teamed up to help bring awareness and raise financial support for those most affected by the COVID-19 pandemic. The disease, first reported in December 2019, has left a trail of unprecedented human loss across the globe, forcing countries and societies […]
Bulls vs Bears Opinions About Bitcoin Price After The Halving
Bitcoin halving is approaching, and it is less than a few days away, now. Considering that this will easily be the largest crypto-related event this year, and one of the largest ones in Bitcoin’s history, a lot of changes are expected to follow. Now, depending on who you ask, those […]
Will Handles Lead to Broader Cryptocurrency Adoption?
Despite being around for over a decade, using cryptocurrencies remains a complex procedure for most people on this planet. One potential solution comes in the form of using official Handles, although privacy advocates don’t favor that approach by any means. Sending or receiving cryptocurrency payments is not straightforward for most […]
Pnxbet Player Scoops Up $300,000 during live Baccarat from Just 3,000 Philippine Peso Deposit
Casino players are turning to online games during this time of uncertainties, as people continue to stay at home, unable to visit physical casinos. Despite the ongoing coronavirus pandemic crisis which has brought the world and its economy to its knees, gamblers are still placing their bets, turning the wheel […]
Binance Unveils its Bitcoin Mining Pool project
One often heard comment is how cryptocurrency mining is far too centralized in this day and age. While that may indeed be the case, it seems as if Binance wants to get in on the action regardless. Adding more Bitcoin mining pools to the overall ecosystem can only be a […]
Value Transferred Volume on Bitcoin and Ethereum is Virtually Identical
The success and usability of a cryptocurrency network can be determined in different ways. One option is to look at the average value transferred. If that becomes the go-metric, Bitcoin and Ethereum are neck-in-neck all of a sudden. Ethereum Matches Bitcoin in Value Transferred This is a very surprising trend, […]
Bitcoin Might not Turn Bullish until After the Coronavirus Crisis
There are still many questions regarding the future of Bitcoin once the coronavirus crisis is over. deVere Group CEO Nigel Green expects big things and plenty of positive momentum. Financial uncertainty remains in place all over the world. Nigel Green Expects Bitcoin Action After the Coronavirus Crisis Any financial market […]
OKEx Sustains Derivatives Market Growth and Becomes the new Global Leader
Cryptocurrency derivatives trading is gathering interest from all over the world. Last month has proven to be an excellent month volume-wise, with OKEx coming out on top, noting successful growth for the third month in a row. Derivatives Trading Volume Spike The year 2020 has been off to a great […]
With Over 7,000 Projects, When are There too many Cryptocurrencies?
There has never been a lack of effort or projects in the cryptocurrency space. According to statistics by CoinGecko, over 7,000 cryptocurrencies are in circulation today, most of which will never amount to anything. Bitcoin remains the dominant cryptocurrency, for obvious reasons. Too Many Cryptocurrencies Exist Today There is ample […]
Coronavirus Crisis Highlights the Importance of Crypto Payments on Porn Sites
It is a well-known fact that the coronavirus crisis is beneficial to porn sites. While the production of new content may be slowing down, the sites themselves – especially those accepting cryptocurrencies – see a notable uptick in volume. When people are forced to stay at home, they begin looking […]