A new study compiled on cryptocurrency usage outlined that people are mainly using them for regular day-to-day purchases such as food and clothes. It also indicated that there’s a significant room for adoption, as only 16% answered that they had previously bought any digital asset.Bursting Myths: Cryptocurrency UsageCryptocurrency payment transfers are much more anonymous than bank transfers, for example. As such, they have received a reputation for usage primarily in criminal...
Read More »Chainalysis Announces New Partnerships for Keeping Digital Asset Companies Safe
Blockchain analysis company Chainalysis is expanding its horizons and building a string of partnerships to ensure cryptocurrency exchanges continue to integrate know your customer [KYC] protocols and do what they must to ensure data remains safe.Chainalysis Is Getting a Major BoostAmong the tactics Chainalysis is utilizing to ensure companies remain in compliance include simpler integrations and by working with distribution partners across newer and broader markets. The company is also...
Read More »Analysis: Cryptocurrencies Lost To COVID-19 Related Scams Are Decreasing Since Mid-March
Funds sent to cryptocurrencies scams exploiting the COVID-19 pandemic have decreased since the start of March. Scammers are using mostly phishing and blackmail emails, but their efforts have not marked much success as of late.Crypto COVID-19 ScamsAside from the many positive features cryptocurrencies possess, they are also sometimes involved in suspicious and fraudulent activities. The sudden outbreak of the coronavirus attracted numerous scams where the perpetrators requested digital assets...
Read More »Cryptocurrency Operators In China To Team Up As Regulations Tighten, Binance’s CZ Says
China has always been in the spotlight when it comes to cryptocurrencies, despite the country’s controversial legislation on the matter.Last year, President Xi Jinping urged for further investments in blockchain-based technology, causing Bitcoin to mark an increase upwards of 40% in less than 24 hours. Now, however, regulations seem to be tightening up, and this will cause some changes in the cryptocurrency landscape, according to Changpeng Zhao, CEO at Binance.Cryptocurrency Operators To...
Read More »Crypto Company Moon Pay Ups the Ante on Its Security Protocols
Over the last several years, the cryptocurrency arena has been very hit or miss when it comes to security. For companies like Moon Pay, the notion of keeping customers, as well as their cryptocurrency stashes and their data, safe as possible is one that has taken serious precedence with executives.Moon Pay Brings on the Best of the Best?The financial company has announced that it is bringing Nils Puhlmann – a cybersecurity expert – on board to serve as their new security advisor. The company...
Read More »Silk Road Founder’s Bearish Prediction on Bitcoin: The Primary Cryptocurrency Could Go To As Low As $1,200
According to Ross Ulbricht, best-known for creating and operating the darknet market website Silk Road, Bitcoin’s price is headed downward. Using the Elliot Wave Theory for his analysis, Ulbricht believes that there might be more pain ahead, taking the price significantly lower.More Pain For BitcoinIn a detailed blog post, Ross Ulbricht, the founder of the infamous Silk Road dark market, pointed out that Bitcoin’s price may be headed lower.According to the popular Elliot Wave Theory, the...
Read More »6 coins and tokens available for staking on CEX ?
Staking: Get rewarded for simply holding coins and tokens in your account Trading isn’t the only way to earn from crypto. You can also try out staking — an easy way to earn by doing virtually nothing. Intrigued? What and how can you stake on CEX.IO? Staking is already available for six cryptocurrencies: NEO, ONT, TRON, MHC, ATOM, and XTZ. To participate, simply buy stakeable crypto on CEX.IO or deposit it to your CEX.IO account. Your...
Read More »Reddit Wallet: Kommt bald der Reddit Token?
Ein Video legt angebliche Details zum viel spekulierten Krypto-Punktesystem von Reddit offen, das auf der Ethereum-Blockchain basieren soll. Reddit ist einer der grössten Social-News-Aggregatoren der Welt. Mit 430 Millionen monatlichen Nutzern ist die Website beispielsweise grösser als Twitter (320 Millionen). Jetzt will der Internetriese das alte Punktesystem durch ein neues ersetzen. Die Basis dafür bildet die Ethereum-Blockchain. Reddit...
Read More »Coinbase Custody: Das kann der Staking-Service von Coinbase
Coinbase zählt zu den saubersten Bitcoin-Börsen. Es gibt aber noch andere Exchanges, die ebenfalls in Sachen Geldwäscherei Prävention sowie Sicherheit punkten. Beim sogenannten Krypto-Staking werden Kryptowährungen im Wallet gesichert, um von Rewards zu profitieren und ein sicheres und kontinuierliches Einkommen zu erzielen. Zu den beliebtesten Staking-Währungen zählt derzeit...
Read More »Deutsche Bank: Corona-Krise wird Bitcoin und CBDC fördern
CBDC List Bitcoin News Switzerland Die aktuelle Coronakrise erschüttert mal wieder die globalen Finanzmärkte. So müssen die Staaten weltweit Milliarden in die Finanz- und Wirtschaftsmärkte pumpen, damit die Weltwirtschaft nicht kollabiert. Zahlreiche Konjunkturpakete versorgen die Welt also mit Liquidität. Die Deutsche Bank hat nun in einem Tweet darauf hingewiesen, dass...
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