The potential for “griefing” attacks on Bitcoin’s Lightning Network is a serious threat. Here’s how they work and why they deserve a fix.
The post Good Griefing: A Lingering Vulnerability On Lightning Network That Still Needs Fixing appeared first on Bitcoin Magazine. …
Category: Trending News
Maps.me Completes $50 Million Round for DeFi Integration
Maps.me, a travel and mapping application, has announced a successful funding round as it looks to integrate the travel world with decentralized finance (DeFi). The […] …
Australian Police Track Down Luxury Items Linked to Bitcoin Millionaire’s Girlfriend
An Australian businessman accused of money laundering is about to lose pretty much everything. Apparently, his girlfriends will be on the hook for his crimes […] …
Biden Confirms Gary Gensler As SEC Chairman – What’s In Store For Bitcoin And Crypto?
Did you hear a few days ago that former CFTC Chairman Gary Gensler could be the next SEC chairman? Well, it is now confirmed that he will be taking over from Jay Clayton as the head of the U.S. Securities and Exchange Commission. Gary is a seasoned Wall Street investor that has a keen interest […] …
Biden Confirms Gary Gensler As SEC Chairman – What’s In Store For Bitcoin And Crypto?
Did you hear a few days ago that former CFTC Chairman Gary Gensler could be the next SEC chairman? Well, it is now confirmed that he will be taking over from Jay Clayton as the head of the U.S. Securities and Exchange Commission. Gary is a seasoned Wall Street investor that has a keen interest […] …
Biden Confirms Gary Gensler As SEC Chairman – What’s In Store For Bitcoin And Crypto?
Did you hear a few days ago that former CFTC Chairman Gary Gensler could be the next SEC chairman? Well, it is now confirmed that he will be taking over from Jay Clayton as the head of the U.S. Securities and Exchange Commission. Gary is a seasoned Wall Street investor that has a keen interest […] …
Iran Confiscates Over 45K Bitcoin Miners Following Nationwide Blackout
Iran’s embrace of cryptocurrency mining has been one of the country’s most important policy decisions of the past few years. Yesterday, local news source Tasmin News […] …
Thread calling Bitcoin a “giant smoldering Chernobyl” goes viral on Twitter
As Bitcoin’s price has grown, so has its energy consumption.
The post Thread calling Bitcoin a “giant smoldering Chernobyl” goes viral on Twitter appeared first on CryptoSlate. …
After $750M Bitcoin Allocation, Ruffer Investment Says BTC is Early in Its Safe Haven Cycle
Zero-interest rates make investors desperate for new safe-haven assets like bitcoin, asserted the $27B worth asset manager Ruffer Investment. …
China’s BSN to Launch Global CBDC Payment System Beta in 2021
China’s lead in the race for developing a Central Bank Digital Currency (CBDC) is unassailable at this point. The country is making further progress, with the […] …
DeFi total value locked set to double
TL;DR Breakdown DeFi has a market cap that is well over $35 billion. Blockchains like Polkadot already have their altcoins built on them. Decentralized Finance (DeFi) has seen the total value locked (TVL) in its increase to an all-time high at the beginning of the year. The increased usage of the industry has seen the […] …
Bitcoin Cash price prediction: BCH to cross $640, analyst
TL;DR Breakdown Bitcoin Cash price prediction expects a rise to $640. Strong resistance lies at the $505 mark. Strong support lies at the $470 mark The Bitcoin cash price prediction by Master Shark suggests an upward breakout of a triangle pattern. The analyst believes that the cryptocurrency is set for a long-term move past the […] …
Bitcoin News Roundup for Jan. 18, 2021
With BTC hovering around $36,000 and Iran’s government blaming miners for recent blackouts, CoinDesk’s Market’s Daily is back with the latest news roundup. …
Bitcoin Exchange Owner Sues Australian Banks For $290K For Accounts Closure
Bitcoin trader and exchange owner Allan Flynn has sued two Australian banks for AUD$375K (roughly $290K) for unlawful discrimination for his involvement with cryptocurrencies. …
Bitcoin Exchange Owner Sues Australian Banks For $290K For Accounts Closure
Bitcoin trader and exchange owner Allan Flynn has sued two Australian banks for AUD$375K (roughly $290K) for unlawful discrimination for his involvement with cryptocurrencies. …
How Polkadot project StaFi brings liquidity to staked assets like DOT and ETH2
Massive amounts of capital are locked in staked crypto assets.
The post How Polkadot project StaFi brings liquidity to staked assets like DOT and ETH2 appeared first on CryptoSlate. …
Internet Shut Down Strangles Bitcoin Trading in Uganda
The president of Uganda has the power to shut down the entire internet in the country. He used his powers before the presidential elections to […] …
Have I Already Missed My Time To Buy Bitcoin?
Bitcoin’s price rise may make you feel like you’ve missed the boat, but simple supply and demand economics say otherwise.
The post Have I Already Missed My Time To Buy Bitcoin? appeared first on Bitcoin Magazine. …
Chainlink price reaches ATH
TL;DR Breakdown Link and other altcoins have enjoyed enormous growth since the beginning of the year. Bitcoin price has been hovering between $30k -$40k since last week. Chainlink native token, LINK, and other altcoins have gained massively since the beginning of the year. Bitcoin is, however, currently taking a hiatus. In the last 24 hours, […] …
Monero price prediction: XMR to $299 next, analyst
TL;DR Breakdown Monero price prediction expects a rise to the $299 level. Strong resistance lies at the $164 mark. Strong support lies at the $154 mark. The Monero price prediction by the Trading View analyst The Cryer suggests that the cryptocurrency is ready to move towards the $299 target in a long-term move. On the […] …
Nvidia May Restart Production of Crypto Mining GPUs if Demand Sufficient
Selling dedicated crypto cards would alleviate pressure on Nvidia’s consumer models. …
This company is bringing DeFi to 140 million users thanks to a $50 million round of venture capital
Alameda Research, the company behind the FTX exchange, has led a funding round that raised $50 million to create a DeFi ecosystem on Maps.me, an offline mapping application.
The post This company is bringing DeFi to 140 million users thanks to a $50 million round of venture capital appeared first on CryptoSlate. …
Maps.me Raises $50M Funding Round Led by SPF for DeFi Inclusion
Maps.me stands as one of the leading offline mapping applications out there, and had recently done a fundraising round by the tune of $50 million. […] …
BTC Needs To Surpass $40K In Order To Not Drop says JPMorgan Strategists
JPMorgan Chase & Co had its strategists, one of which being Nikolaos Panigirtzoglou, have recently voiced their views regarding Bitcoin and its ongoing price actions. […] …
45,000 Bitcoin Mining Rigs Confiscated by Iranian Authorities Amid Blackout Controversy
Iran’s crackdown on illegal bitcoin mining facilities continues with another massive seizure of 45,000 machines that reportedly used 95 MWh. …
Breaking: Crypto Exchange Livecoin Announces Closure After Failing to Resolve Issues Post Hack
Livecoin, one of the largest Russian exchanges just announced that it will be closing down operations. The official announcement noted that the exchange could not recover from the financial and technical losses incurred due to a hack in December 2020. Thus they have decided to seize their operations and return the remaining funds to their
The post Breaking: Crypto Exchange Livecoin Announces Closure After Failing to Resolve Issues Post Hack appeared first on Coingape. …
Careless Investors Have Lost Bitcoin Worth $140 Billion: Report
While the crypto market continues to grow, there have been renewed fears of a liquidity crisis, with more people unable to access Bitcoin. Most crypto insiders […] …
Litecoin price prediction: LTC to $200, analyst
TL;DR Breakdown Litecoin price prediction expects a rise towards $200. Litecoin must hold the crucial support found at the $100 mark. Strong resistance currently lies at the $147 mark. Strong support currently lies at the $129 mark. Following the cryptocurrency market, Litecoin price followed a descending channel since 14th January. The sharp downward trajectory does appear […] …
DeFiMAGIC Demonstrates NFT Use Case on Ardor
2020 saw a surge in defi and non-fungible token (NFT) activity happening on Ethereum as excitement grew around the prospect of yield farming and investing in the new world of digital collectibles. Inspired by this growing interest, members of the Ardor community set out to develop DeFiMAGIC, harnessing the features of the multi-chain platform including […] …
Ecuadorian Presidential Candidate Suggests CBDC to Improved Payments
Several developments headlined the news cycle for the crypto industry in 2021. One of them was the growing interest in Central Bank Digital Currencies (CBDCs). […] …
DeFi Explosion: Binance DeFi Index Hits ATH as Total Value Locked Eyes $25 Billion
DeFi keeps booming as Binance’s DeFi Composite Index sees a new all-time high record while the TVL eyes $25 billion. …
Bitcoin Struggles to Recover After Biggest Weekly Price Loss Since September
Prices fell by 6% in the seven days to Jan. 17, a weekly fall not seen since the first week of September. …
AC Milan to Launch ACM fan token with Chiliz
TL:DR Breakdown: AC Milan has signed a multi-year partnership with Socios.com Under the partnership, the Italian club will launch its ACM fan token. Since the past year, the cryptocurrency sports movement has been gaining traction as popular football clubs has joined to improve fan engagement. On Monday, the Italian professional football club, AC Milan, announced […] …
Russian exchange, Livecoin terminates services after abrupt hack
TL;DR Breakdown: Livecoin has decided to close its business and repay users. The exchange was involved in a cyber-attack that took away their control of the platform. Livecoin, one of the long-running digital currency exchanges in Russia, has been forced to shut down its services after several attempts to regain control of the platform’s server. […] …
Altcoin Price Analysis: XRP and AAVE
This piece analyzes the short-term price actions and momentum of XRP token and Aave protocol. (Read More) …
Former U.S. Treasury Secretary Larry Summers Says Bitcoin (BTC) Is Here to Stay, Former Canadian PM Calls It Reserve Currency
Bitcoin (BTC) remains a hot topic of discussion among top delegates and institutions of the world. The former U.S. Treasury Secretary Larry Summers has recently endorsed Bitcoin saying that it is here to stay. During an interview with the Bloomberg Wall Street Week, Summers said: “I think some institution, like Bitcoin (BTC), is here to stay.
The post Former U.S. Treasury Secretary Larry Summers Says Bitcoin (BTC) Is Here to Stay, Former Canadian PM Calls It Reserve Currency appeared first on Coingape. …
Bitcoin Price Battles for $36K As Market Cap Reclaims $1 Trillion (Market Watch)
The crypto market cap reaches $1 trillion again as BTC recovered from its weekend slump, while BNB and LINK paint new records. …
Iran Reportedly Seizes 45K Bitcoin Mining Machines After Closure of Illegal Operations
The mostly ASIC devices used to mine bitcoin are said to have been consuming 95 megawatts per hour of electricity at a reduced rate. …
US Coinbase backs Bahrain-based crypto exchange
TL;DR Breakdown: Rain Financial is now a Coinbase-backed crypto exchange. The exchange raised $6 million in a new funding round that included the US exchange and MEVP. The leading United States cryptocurrency exchange, Coinbase, is now backing one of the leading cryptocurrency startups in Bahrain, Rain Financial, following the company’s Series A funding round. Rain […] …
Bitcoin’s Key Support Level is at $27000-27,500 if BTC Pullbacks below $30,000, says Analyst
Alex, a market and crypto analyst, has acknowledged that the $27,000-27,500 is the critical support level, which ought to be watched. (Read More) …