Tag: cryptocurrency news

Oct 26 2020

The current standing of crypto casinos

Cryptocurrencies were being first talked about as early as 1983, with theoretical discussions about how a cryptographic monetary unit would work. But these theories didn’t get put into practice until...

How Bitsgap Makes Trading Efficient Again

Since entering the market in 2018, Bitsgap has offered a great experience to users in crypto trading, incorporating the latest features to enhance user experience (UX). Through our platform crypto traders have unlimited access to intuitive trading features previously only thought of in institutional investment firms and hedge funds with immense financial and human intelligence resources. Your experience will get even better with...

Harvest Finance Hack Sees Uniswap Volume Jump 15x

Reading Time: 2 minutes Harvest Finance has been hacked for $24 million in stablecoins The hacker caused the Uniswap trading volume to jump by 15x as they cashed out Harvest Finance and Republic Protocol worked together to identify the hacker and are trying to negotiate...

Cryptocurrency “Turning a Corner” – David Marcus

Reading Time: 2 minutes David Marcus, head of Facebook’s Libra project, has said that cryptocurrency adoption has “turned a corner” Marcus alluded to the pursuit of Bitcoin by banks and PayPal’s new cryptocurrency platform Libra helped push cryptocurrency into the...

Cryptocurrencies Should Be Defined as Money – FinCen and FRB

Reading Time: 2 minutes U.S. Federal Reserve Board and Financial Crimes Enforcement Network have called for cryptocurrencies to be defined as money The agencies also want the Bank Secrecy Act threshold to be reduced from $3,000 to $250 Cryptocurrencies are generally...

Oct 23 2020

PayPal Plans to Perform Crypto Transactions | Will It Get Bitcoin to $15.000?

PayPal will allow its customers to carry out transactions using Bitcoin and other cryptocurrencies by 2021. According to reports, the top financial services company will allow its customers to buy, sell, and spend cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC). The development was made possible through a partnership between PayPal […] The post...

A PayPal Listing Will Be The ‘When Coinbase?’ of 2021

Reading Time: 2 minutes ‘When PayPal?’ is set to be the mantra for crypto believers in 2021 The company’s new crypto project is starting out with only four tokens With 286 million active users, shitcoin fans will be clamoring for a PayPal listing For years it...

BSV PayPal Omission is “Good”, Says Calvin Ayre

Reading Time: 3 minutes The omission of BSV from PayPal’s new crypto offering is “good for BSV” according to Calvin Ayre BSV was not included in the four coins on the new platform, while the two coins from which it forked, Bitcoin and Bitcoin Cash, were Ayre then begged...

PayPal Looking to Acquire BitGo, Other Crypto Firms – Bloomberg

Oct 23 2020 Published at Altcoin Buzz under tags  bitgo cryptocurrency news paypal

Payments behemoth PayPal, who recently announced a major move into the cryptocurrency space, is considering the acquisition of Bitcoin custodian BitGo, as well as potentially other crypto firms, a Bloomberg report noted. According to the report, PayPal is exploring...

Oct 22 2020

5 Websites You Can Follow for the Newest Crypto Events and Conferences

Cryptocurrencies are one of the most influential financial advancements of the 21st century. With the development of the first crypto - Bitcoin (BTC) and required blockchain technology, the world started to notice just how limited traditional financial systems were. Fiat currencies have always been heavily dependent on governments, local and global population adaptation of the […] The post...

Risks and Challenges: Sudden Rise of DeFi in the Crypto Market

To this very day, cryptocurrencies have accomplished several major milestones in their ten-year transformation into a good asset class. Some of the achievements include token and coin offerings, development of crypto derivatives market, United States SEC regulatory body, tokenized bitcoin and state-issued digital currencies.

Bitcoin Soars Past $12,000 after Decoupling from Stocks

$12,000 is an important level from the technical analysis perspective of bitcoin. Bitcoin’s bullish momentum has been developing for more than a week and at the moment, BTC is nearly touching the $13,000 level. Many technical analysis experts are eagerly looking at bitcoin and crypto enthusiasts are expecting further gains to come soon.

The Bitcoin mined by Nakamoto

The BTC mined by Satoshi Nakamoto is topic from the earliest days of Bitcoin and many people in the cryptocurrency community are curious about it. Satoshi Nakamoto is the unknown creator of Bitcoin who released the Bitcoin whitepaper in 2008. Evidence suggests that Satoshi either doesn’t have the private keys to access these early coins or is simply not interested in spending them...

OKEx Customers Still in the Dark Over Founder’s Situation

Reading Time: 2 minutes OKEx customers are still in the dark about the state of the exchange and the funds they keep on it Founder Star Xu was removed from the business to speak to officials last week but hasn’t been seen since Deposits and withdrawals are still...

DeFi Will Usurp Legacy Banking Says U.S. Currency Chief

Oct 22 2020 Published at FullyCrypto under tags  blockchain cryptocurrency news defi

Reading Time: 2 minutes Developments in DeFi will eventually see banks being sidelined, says Brian Brooks, the acting U.S. Comptroller of the Currency Brooks likened the DeFi/bank battle to the email/postal service battle Humans need “financial services” not banks, says...

PayPal’s Crypto Move – 5 Things We Learnt

Reading Time: 3 minutes PayPal will soon start offering cryptocurrency buying, selling, and shopping on its platform The news resulted in a huge Bitcoin price spike What did we learn from the announcement?...

Oct 21 2020

Bahamas ‘Sand Dollar’ is World’s First Active CBDC

Reading Time: 2 minutes The Central Bank of the Bahamas has announced that the world’s first active CBDC, the Sand Dollar, has gone live The CBDC, which is pegged to the Bahamian dollar, has been tested on Exuma and Abaco in recent months The Bahamas has beaten the...

SS7 Hackers Targeted High Ranking Crypto Chiefs

Reading Time: 2 minutes Last month, hackers gamed the SS7 mobile system network system and were able to impersonate individuals in high ranking positions in the crypto industry The SS7 hackers were able to intercept texts and phone calls of their victims, including two-factor...

Stop Chasing an Instant 10x and Focus on A Long Term 10x

Reading Time: 2 minutes Shitcoins promise 10x gains very quickly, but shitcoins aren’t your friend You’ll end up losing more chasing gains with shitcoins than playing the long game Ditch shitcoins and focus on smart long term crypto investments if you want to win...

Trust Wallet Governance Now Live

Trust Wallet has announced the launch of a new governance mechanism that would enable holders of its native token (TWT) to participate in voting on proposals for its development, updates, and other matters. Trust Wallet, a mobile wallet application for ERC20/ERC223 tokens, made this announcement via an official tweet. It noted that “Trust Wallet Governance is here! $TWT holders can now vote on...

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