Tag: cryptocurrency

Apr 12 2021

BSC is Centralized Ethereum Fork, Says Messari Researcher

Reading Time: 2 minutes Messari researcher Ryan Watkins has dismissed Binance Smart Chain as a centralized Ethereum copycat Watkins dismissed BNB’s token performance as a distraction from the nature of the BSC protocol He also said that BSC’s success was down to...

BitOasis to Delist BSV From Platform

Reading Time: 2 minutes Middle East exchange BitOasis will remove BSV from its exchange next week BitOasis, which calls itself the oldest and biggest crypto exchange in the region, gave no reason for the removal BSV has now lost five exchanges in two years...

How to Find and Trade a Lagging Alt Coin

Reading Time: 2 minutes Everyone wants to bag a huge run during alt season It can be tempting to jump into a pumping coin, but this is when you should be selling, not buying Our guide will show you how to find and trade an alt in alt season Bagging a big return...

FBI Using Bitcoin Mixers With Victims’ Assets

Reading Time: 2 minutes The FBI has been accused of using Bitcoin mixers when recovering stolen assets Bitcoin mixers aren’t actually illegal, although the DoJ has called them “a crime” Victims cannot be sure of just how much of their bitcoin was really recovered...

Robinhood Adds 9.5 Million New Crypto Users As Mainstream Adoption Continues

As cryptocurrencies continue to surge to new highs and bask in the media’s limelight, Robinhood reported major growth in the number of users trading crypto on their platform. According to...

Apr 11 2021

Bitcoin Miner Revenue Hits New All Time High Among Other Key Metrics: Potential Bull Case?

Total Bitcoin miner revenue has been on a steady uptrend since the start of the year, hitting its new all time high on Friday. According to figures from on-chain analytics site Glassnode, miners are now making an...

Infosys Co-Founder Suggests Crypto Capital Inflow Can Solve India’s SME Financial Gap

Apr 11 2021 Published at Coingape under tags  altcoin news bitcoin news btcbrl btcbusd btcdai

Nandan Nilekani, the co-founder, and chairman of Infosys published an opinion piece today on the growing SME funding gap in India and how cryptocurrencies can help in closing the gap. The opinion piece and bullish stance of India's leading IT consultancy provider come at a time when the Indian government is reportedly working towards a The post Infosys Co-Founder Suggests Crypto Capital Inflow...

Beosin CMO Did Not Liquidate Police-seized Bitcoin Says Firm

Reading Time: 2 minutes Beosin CMO Gao Ziyang did not misappropriate $45 million worth of police-seized bitcoin, according to the company News reports alleged that Gao had traded the fortune on OKEx when he was supposed to be disposing of it on behalf of the authorities...

Apr 10 2021

Coinbase Reports Incredible Quarter, But Valuations Remain Uncertain: What to Expect

Crypto exchange giant Coinbase released its earnings for the first fiscal quarter of 2021 ahead of its direct listing on the Nasdaq on April 14. Its revenue skyrocketed to a record-setting $1.8 billion -- singlehandedly topping all...

Bitcoin Investment Firm NYDIG Raises Additional $100 Million

Crypto investment provider NYDIG raised an additional $100 million in growth capital earlier this week. The new funding round featured MassMutual, Stone Ridge Holdings, New York Life, and Liberty Mutual Insurance, among others as strategic partners. This follows the investment firm’s...

Orakuru Heavily Criticized for Unfair Token Sale

Reading Time: 2 minutes Orakuru, the Binance Smartchain project which had its token sale on Thursday, has been roundly criticized for its measly allocation Participants had to stake KPAD tokens, but the ratio of ORK tokens to KPAD tokens was magnitudes lower than anticipated...

Apr 09 2021

Cryptojacking Down 23% in First Drop since 2018

Reading Time: 2 minutes Reports of cryptojacking were 23% down in the last quarter, according to a new report Threat intelligence firm Unit 42 reported that cryptojacking dropped for the first time since 2018 Unit 42 says companies are better prepared to deal with such...

Bitcoin Miner Riot Blockchain Invests $780 Million to Expand Operations

Bitcoin mining firm Riot Blockchain announced its milestone purchase...

A Bitcoin Correction Towards $55,000 Likely At The End of Week

Key Bitcoin Price Outlook Bitcoin reaches a short-term resistance trendline that constitutes a descending channel pattern. The cryptocurrency risks upside rejection heading into the weekend session. Its downside target lurks near $55,000. Sliding US bond...

South African Exchange Ice3x Shuts Down

Reading Time: 2 minutes One of South Africa’s oldest exchanges, Ice3x, has announced that it is closing down Ice3x had halted withdrawals weeks ago after finding a discrepancy in its BTC and LTC holdings The exchange abruptly halted withdrawals last month South...

HSBC Bans MicroStrategy Share Purchases Over Bitcoin Link

Reading Time: 2 minutes HSBC InvestDirect has apparently banned investors on its platform from buying shared in MicroStrategy due to its link with bitcoin In a message to a user, the bank called MicroStrategy a “virtual currency product”and said that further purchases were not...

What $1.8 Billion in Q1 Revenue Means for Coinbase’s Direct Listing

Apr 09 2021 Published at Unchained Podcast under tags  2021 bitcoin blockchain coin coinbase

Larry Cermak, director of research at The Block, discusses the upcoming Coinbase direct listing in light of the exchange’s recently released Q1 revenue hitting an impressive $1.8 billion. In this episode, Larry talks about: significant takeaways from Coinbase’s Q1 results (1:04)...

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