Crypto news

An Australian man, founder of two multi-million crypto funds in New York, pleaded guilty on a crypto scam charge. The Ponzi scheme used a trading algorithm, taking advantage of price differences for Bitcoin and other cryptocurrencies.Draining almost $90M From InvestorsAccording to a recent report, Stefan He Qin organized the fraud that stole about $90 million from clients through his hedge funds – Virgil Sigma Fund LP (“Virgil Sigma”) and the VQR Multistrategy Fund LP (“VQR”). The two...

Bitcoin cash price is currently struggling to clear the $450 resistance against the US Dollar.The price is trading nicely above the $420 level and the 55 simple moving average (4-hours).There is a major ascending channel forming with support near $420 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to clear the $450 resistance as long as it is above $400 in the near term.Bitcoin cash price is slowly moving higher towards $450 against the US Dollar, while...

The use of decentralized exchanges has been increasing over the years. With cryptocurrencies making their way into the business world, activity in this sector is skyrocketing.Unlike a centralized exchange, a DEX (Decentralized exchange) has no central entity responsible for its operation. Instead, traders rely on a smart contract and the whole platform runs on the blockchain —generally Ethereum.This makes them slower and inefficient, but traders gladly embrace this temporary issue because,...

If you’re into cryptocurrency and you’re looking to save a little money along the way, then perhaps the Gemini Exchange is something you should be checking out right about now.Gemini Looks to Give Customers a Chance to Make Some MoneyThe popular cryptocurrency exchange based in New York and brought forth by Cameron and Tyler Winklevoss of “The Social Network” fame has established a new savings account program it’s simply calling “Earn.” The idea is that customers can hold their digital money...

A 49-year old U.S. individual has pleaded guilty to a scheme, defrauding hundreds of investors with millions of dollars via a scheme involving bitcoin and cash. In two and a half years, he managed to fraudulently exchange at least $13 million.Illegally Exchanging Tens of Millions of DollarsA 49-year-old man from L.A. pleaded guilty to recent allegations of masterminding and operating Bitcoin-fiat exchange and money laundering. According to an official statement by the U.S. Immigration and...

Luno – a digital asset exchange based in Malaysia – has released a statement explaining that the institutional interest that drove bitcoin’s meteoric price spikes during 2020 is likely to last throughout this new year.Luno Says Institutional Love of BTC Will Last Through 2021During 2020, many large institutional firms – including MicroStrategy, MassMutual and Stone Ridge – invested hundreds of millions of dollars into the world’s largest digital currency by market cap. The idea was that...

A thousand of new hotspots in Moscow’s Wi-Fi network Moscow has been selected as one of the pilot regions to implement the global policy roadmap for the responsible use of digital technologies. Cooperation with members of the G20 Smart Cities Alliance will allow Moscow to share its accumulated experience and analyze the world’s best practices in the use of digital technologies. The Russian capital will become a member of the G20 Smart...

Mit Bitcoin bei Zalando einkaufen? Dank Bitrefill kein Problem. Das schwedische Unternehmen Bitrefill hat sich einen einfachen Weg überlegt, wie Bitcoins indirekt für Produkte aller Art ausgegeben werden können. Bitrefill ist ein Portal, auf dem Gutscheine und Geschenkkarten erworben, Telefonguthaben aufgeladen und Lightning-Netzwerkdienste in Anspruch genommen werden können. Und jeder der jetzt denkt, boah, ist doch nichts anderes als ein...

Japanese giant SBI Group will include a new addition to its crypto lending service via its subsidiary VC Trade. Apart from the other options, Bitcoin (BTC) and Ethereum (ETH), the organization’s customers will be able to deposit XRP to earn interest as well.Adding XRP to the List of Bitcoin and Ethereum Lending Japanese giant SBI Group has announced it will include XRP in its list of lending services. The company, which started the lending endeavor in November 2020, will provide clients with...

Polkadot ist an der Schweizer-Börse handelbar. Nach dem Bericht auf dem Computer-Portal T3N rast der Kurs von Polkadot in die Höhe. Quelle: Coingecko Polkadots DOT-Token ist an der Schweizer Börse handelbar. Zum 4. Februar wurde der weltweit erste Polkadot ETP an der SIX Exchange handelbar gemacht und steht dort zum Start in direkter Konkurrenz zu Bitcoin, Ethereum und Co....