Blockchain technology has become popular over the years, and even Facebook decided to jump on the bandwagon to introduce a digital currency of their own. Whenever we hear the term Blockchain on media or somewhere else, the first thing that comes to our mind is Bitcoin. Bitcoins are one of the most popular forms of […] …
Tag: NEWS
Network File-Sharing Service Suffers Cryptojacking Attack
QNAP Inc., a company specializing in building file-sharing and storage management applications, has warned users about an ongoing crypto mining attack on its network-attached devices. According […] …
Indian Exchange BuyUCoin Suffers Security Breach Affecting 160,000 Users
2021 has gotten off to a roaring start for the crypto industry, with many enjoying the benefits of a significant surge in the price of […] …
Grayscale Sweeped $1.27 Billion In BTC Off The Market In One Week
Despite the recent drop in the topmost cryptocurrency value by market cap, institutional traders, who have immensely been the asset’s driving force in recent times, haven’t slowed down in raking as much as they can lay their hands on off the market. According to a recent sales report by Grayscale Investment submitted to the United […] …
Bitcoin Price Surpassed $40,000 and Then Plummeted
This week, Bitcoin plunged again, and on Thursday (January 21) it plunged more than 10%. Entering January, Bitcoin rose from $30,000 to $40,000. (Read More) …
Mining Rig Makers Face Inventory Shortages as BTC Market Liquidity Nears
Uneven demand across the Bitcoin market has been a significant problem since the year began. With investors soaking up more of the asset, miners have […] …
Joe Biden’s Treasury Secretary Nominee Asserts Bitcoin’s Potential
Mrs. Janet Yellen has made a follow-up comment about cryptocurrencies since the previous one in her recent confirmation hearing. In what seems like a contrary statement, the Treasury secretary nominee is now asserting the potential of digital currencies. The senate committee on finance proposed the question which reads; “Dr. Yellen, what do you view as […] …
You can now earn Zilliqa (ZIL) from CryptoSlate via a quiz on Telegram
You will now be able to earn tokens of the high-speed blockchain app via answering quizzes on our Telegram channel.
The post You can now earn Zilliqa (ZIL) from CryptoSlate via a quiz on Telegram appeared first on CryptoSlate. …
UBS Executive Downplays Bitcoin’s Ability to Replace Fiat
Criticisms against Bitcoin have been rather rampant in the past few days, with some capitalizing on its recent slump to hammer its perceived drawbacks. In […] …
Bitcoin mining chips scarcity: Samsung planning to Bankroll chip making plant
TL;DR Breakdown • Samsung to return a portion of the microchips market occupied by China to the U.S. • China’s duopoly is coming to an end. • Demand for Bitcoin mining chips rises. According to Bloomberg, Samsung is contemplating on expending over $10 billion to capitalize a Bitcoin mining chip plant located in Austin Texas. […] …
Bitcoin News Roundup for Jan. 22, 2021
With bitcoin back above $30K and analysts calling for a deeper correction, CoinDesk’s Market’s Daily is back with the latest news roundup. …
First Mover: Bitcoin Newbies Get Volatility Lesson as Old Pros Lament FUD
A mixture of bearish price-chart patterns and ill-understood news items combined to cause bitcoin’s biggest price plunge since March, in a demonstration to market newcomers of the cryptocurrency’s notorious volatility. …
Did Chainlink (LINK) just get on Grayscale Investments’ offering list?
A mysterious company popped up in the US state of Delaware.
The post Did Chainlink (LINK) just get on Grayscale Investments’ offering list? appeared first on CryptoSlate. …
Software Company Sequoia Offers Salary Payments in Bitcoin
Cryptocurrencies’ entry into the mainstream continues to get more impressive with each passing day. Now, companies are allowing their staff to get paid in crypto […] …
Chainlink, Uniswap, and Polkadot among the Altcoins that Have Held Up Well Despite Bitcoin’s Plunge
While Bitcoin has plunged by 15% on a seven-day period, dragging most of the cryptocurrency market along with it, some altcoins have survived the drop. (Read More) …
Peter Schiff Criticizes Sequoia Capital’s Employee BTC Plans, Says It’s An Attempt to “Sucker in Buyers”
Bitcoin’s price downtrend has caused Peter Schiff to criticize Sequoia’s employee remuneration scheme based on Bitcoin. (Read More) …
How To Buy Bitcoin and Crypto With Paypal in 2021
In November 2020, PayPal announced that all US users would be able to buy bitcoins and 3 other cryptocurrencies (LTC, BCH, ETH) directly through their PayPal digital wallet. (Read More) …
Treasury Secretary Nominee Janet Yellen Plans to Encourage Legitimate Crypto Use
Biden’s pick to lead the United States Treasury Department, Janet Yellen thinks crypto has potential to enhance the financial system and wants to encourage its legitimate use. (Read More) …
Ripple lawyer hopeful Biden’s government would come to their aid
TL;DR Breakdown Biden would come to Ripple’s aid, , Stu Alderoty hopes Ripple co-founder sell off his $28.6 billion XRP Ripple lawyer, Stu Alderoty has pinned hope on President Joe Biden’s government to salvage the firm from the impending lawsuit filed by the Security and Exchange Commission (SEC). The Ripple lawyer does not expect a […] …
Bitcoin News Roundup for Jan. 21, 2021
With bitcoin dropping as traders turn bearish, CoinDesk’s Market’s Daily is back with the latest news roundup. …
Bitcoin is Showing Short-Term Weakness, says Crypto Analyst
Crypto analyst Carl Martin has noted that Bitcoin is showing signs of weakness in the short term. (Read More) …
Polkadot price prediction: DOT moves back towards the $15 support
TL;DR Breakdown DOT/USD continues moving in a range. Polkadot has retraced once again. Closest support around $15. Previous Polkadot price prediction has proven accurate as the price of DOT retested the $17.5 resistance. Since then, DOT has moved lower once again and trades at $16. Cryptocurrency heat map by Coin360 The overall crypto market continues […] …
eToro Halts XRP Trading For US Citizens Following The SEC Charges
Israeli multi-asset exchange eToro to halt XRP trading for customers based in the United States starting from January 24th. …
Crypto Lending Platform Celsius Now Holds More Than $5.3 Billion
Cryptocurrency rewards-earning platform Celsius Network announced that it now holds over $5.3 billion worth of crypto assets. The news is coming months after Chainanalysis announced […] …
AAVE Price Analysis: AAVE Fails To Sustain Support At $200
Aave price has dropped below the $200 support level it has held for days. Technical indicators show that more imminent dips are likely. (Read More) …
Bitcoin Price Sinks Below Critical Level as Joe Biden Officially Inaugurated as 46th President, What’s Next for BTC?
Bitcoin has been losing steam and struggling to clear the $35,000 level, for a second straight day. (Read More) …
Bitcoin scam: Residents in Cumbria are losing over $270k in investment scams
TL;DR Breakdown: Residents in Cumbria are losing over $270,000 in Bitcoin scams The local authorities have warned residents to avoid such investment schemes. Bitcoin became an attention-grabbing asset following the recent parabolic rise of the value from below $20,000 to as a high as $40,000 within a period of one month. However, this has also […] …
Saudi Arabian expert says Bitcoin is a first-class speculation tool
TL;DR Breakdown: Saudi Arabian expert called Bitcoin a first-class speculation tool The expert said cryptocurrencies could have a place if the prices are determined by the central banks. The leading digital currency, Bitcoin (BTC), faced a lot of objection during its early stage of development. However, the cryptocurrency has managed to break records with its […] …
President Biden Freezes Mnuchin’s Controversial Proposed Regulation on Unhosted Crypto Wallet
FinCEN’s controversial regulation proposal on “unhosted” crypto wallet has been effectively frozen by President Joe Biden as his administration takes office today. (Read More) …
Privacy-Focused Crypto Firo Suffers 51 Percent Attack
Over the years, 51 percent attacks have always reminded the crypto industry of the many dangers of Proof-of-Work (PoW) blockchain mechanisms. The latest asset to […] …
Bitcoin News Roundup for Jan. 20, 2021
With the price of BTC down and a new report out on the decrease in criminal crypto activity, CoinDesk’s Market’s Daily is back with the latest news roundup. …
Ripple and BitGo move XRP worth $71.7 million USD
TL;DR Breakdown Ripple moves 200 million XRPs from its escrow wallet. PornHub still uses XRP as a payment option on its site. Whale alert have reported that the parent company of XRP, Ripple, has moved 200 million XRPs from its escrow wallet to another of its wallets earlier today. The firm was not alone in […] …
Ripple Co-Founder Jed McCaleb Dumps 28 Million XRP Tokens amid SEC Lawsuit
Jed McCaleb, Ripple’s co-founder and its former Chief of Technology Officer, has seemingly resumed the sale of his XRP reserve, cashing out 28 million XRP. (Read More) …
What the first half of 2021 will look like for Cardano (ADA)
In his latest YouTube video, Charles Hoskinson, the CEO of IOHK, shared some of the updates scheduled to take place in the following weeks and months at Cardano, as well as the current state of development of the blockchain’s most important features and functionalities.
The post What the first half of 2021 will look like for Cardano (ADA) appeared first on CryptoSlate. …
Aussie Bitcoin Trader Sue Banks for Company Account Closure
For all the talk about cryptocurrencies getting the mainstream attention they deserve, there is still a significant amount of discrimination from companies in the traditional […] …
Armed Thieves Rob Crypto Trader of $450K Cash and USDT Tokens
For so long, global cryptocurrency crime involved hacking an exchange or floating a Ponzi operation. It seems some crooks have resorted to physical theft and […] …
BitMart Published Cryptos of the Year Report on Top 10 Altcoins For 2021
[PRESS RELEASE – Please Read Disclaimer] BitMart, a premier global digital assets trading platform, today announced its release of Cryptos of the Year 2020 Report. This report sheds light on ten altcoins listed on BitMart worth investors’ attention in the new year. The list recognizes outstanding projects that defined the year in blockchain, and thought […] …
Will XRP Fall Out of Crypto Top Five Ranking for the First Time since 2013?
XRP cryptocurrency has had a difficult run since 2017, with its price being stagnant on the market for the longest period of time. (Read More) …
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 […] …
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 […] …