Blog

Blog

19 November 2020 By Evan Fitzgerald
The recent surge in DeFi makes the industry is an attractive target for hackers. Cryptocurrency-related crimes have slowed down in 2020, but some sectors within the crypto industry have become a new hotbed for criminal activity, a new report says. Citing major crypto analytics firm CipherTrace, Reuters reported on Nov. 10 that total losses from crypto thefts, hacks and fraud dropped from $4.4 billion in 2019 to $1.8 billion over the first 10 months of 2020. ... Read more

19 July 2020 By Dominic Robinson
Bill Pulte has been giving away thousands in cash, crypto, and cars for months now, but he could be inadvertently helping scammers. Millionaire philanthropist Bill Pulte has given away close to $150,000 this year in an attempt to promote the mass adoption of cryptocurrency ... Read more

19 May 2020 By Dominic Robinson
The parabolic rise in Ether long positions has increased the risk of a violent crash, as uncertainty surrounding the launch of ETH 2.0 grows. With anticipation growing for Ethereum’s long-awaited ETH 2.0 revamp, Ether long positions have gone parabolic on Bitfinex since February. ... Read more

16 May 2020 By Evan Fitzgerald
More people care more about their data and privacy than companies would like the public to believe. While thousands of companies and entities look to grab people's data for various reasons, the commonly stated idea that folks don't care about privacy is untrue, according to the Electric Coin Company, the entity behind privacy-focused crypto asset Zcash. ... Read more

6 May 2020 By Evan Fitzgerald
Chinese Anhui province gov launches its first blockchain platform. The government of Anhui, a province in eastern China and a part of “Yangtze River Delta Economy Region”, has officially launched its first blockchain platform for providing government services. The launch occurred on April 30, according to local news reports. ... Read more

4 April 2020 By Evan Fitzgerald
An amendment to the class-action lawsuit against Ripple, filed March 25, included additional claims of false advertising and unfair competition, “under the alternative theory that XRP is not a security.” The disgruntled investors’ sixth and seventh claims for relief would appear to be a direct hedge in the event that the judge rules against the original suit suggesting that XRP was illegally sold as an unregistered security. ... Read more

17 February 2020 By Lilly Harvey
A report published by investment management firm VanEck on Jan. 29 suggests that institutional investors should allocate a small percentage of their capital into Bitcoin (BTC). Per the report, “Bitcoin may enhance the risk and return reward profile of institutional investment portfolios.” The researchers also claim: ... Read more

14 February 2020 By Evan Fitzgerald
With May’s Bitcoin halving event drawing ever closer, Coinbase recently took to pushing the “Bitcoin as digital gold” narrative. In a tweet-storm to promote an accompanying blog-post published Feb. 7, it covered the key reasons why the halving and subsequent supply rate reduction will further cement that link. ... Read more

13 February 2020 By Lilly Harvey
Litecoin Foundation is partnering with Cred to offer interest on Litecoin (LTC) collateral, a Feb. 10 press release announced. Cred customers can lock their coins with the provider to earn up to 10% annual percentage rate. Thanks to the strategic partnership, LTC holders will be able to lend their cryptocurrency at lucrative rates, similar to the various decentralized finance (DeFi) solutions on Ethereum. To benefit from the interest, a commitment of six months is required, ... Read more

12 February 2020 By Lilly Harvey
Bitcoin (BTC) and other cryptocurrencies have been compared to FAANG (Facebook, Apple, Amazon, Netflix and Google) companies due to their network effects, as reported by Cointelegraph. The rationale that the increase in people using a platform makes its value increase exponentially — as it happens with Facebook or the App Store — is applied to cryptocurrencies at large: The more people that hold a crypto asset, the bigger increase in market value. ... Read more

12 February 2020 By Evan Fitzgerald
Edge, the web browser of information technology giant Microsoft, now blocks cryptojacking malware. A Microsoft Edge spokesperson told Cointelegraph on Feb. 10 that the latest version of the web browser features a new PUA (Potentially Unwanted Apps) blocking feature that may block some illicit cryptocurrency mining malware. ... Read more

10 February 2020 By Dominic Robinson
Tether is now supporting a gold-backed stablecoin, Tether Gold (XAU₮), according to a Jan. 23 press release. One token represents ownership of one troy fine ounce of physical gold, currently worth approximately $1,550. ... Read more

9 February 2020 By Lilly Harvey
Bitcoin price has surpassed $10,000 on Feb. 9, breaking its key psychological level and in doing so reached its highest point since October last year. ... Read more

8 February 2020 By Evan Fitzgerald
According to data provided by CoinMetrics, the amount of Tether (USDT) that has been issued on the Tron (TRX) blockchain nearly reached 1 bln. ... Read more

6 February 2020 By Dominic Robinson
Despite the collapse of crypto markets in 2019, the Litecoin network still saw massive usage which brought its yearly trading volume to over $100 billion. ... Read more

5 February 2020 By Lilly Harvey
USD-Tether is the largest stablecoin with a market capitalization of more than $4.63 billion. The increase or decrease in the supply of the stablecoin has had a notable effects on the crypto market. ... Read more