In yet another somewhat disappointing turn of events for Ledger users, the company has just revealed that they’ve discovered that the customer records for 20,000 ‘new’ users has been leaked during an incident with Shopify from back in the summer of 2020.In its most recent update, the cryptocurrency hardware wallet manufacturer Ledger revealed that 20,000 users, aside from 93% of those whose information was exposed in a previous attack, have seen their records leaked.Recently, we shared news...
Read More »EU Crypto Payment Processor To Remove XRP Following The SEC Charges
European cryptocurrency payments company CoinGate has joined the likes of Coinbase and Binance US to remove Ripple (XRP) from its services. The firm justified its decision with the SEC charges brought on the payment processor as many of its partners had already stopped doing utilizing the XRP token.CoinGate Removes XRPHeadquartered in Lithuania, CoinGate enables bitcoin, ETH, and other digital assets to be used as a means of payment with traditional merchants. The company has a reported...
Read More »Fraudulent COVID-19 Vaccines Offered On The Dark Web For Up To $1,000 In Bitcoin
The topic of working COVID-19 vaccines has been widely discussed ever since the virus started spreading globally last year. Although a few have already been approved, their distribution faces difficulties and delays. This has prompted fraudsters to take advantage by promoting vaccines on the dark web and requesting up to $1,000 per dose paid via bitcoin.COVID-19 Vaccines On The Dark Web For BTCVaccines usually require years of research and testing before reaching people. However, the rapid...
Read More »New Users and Regulations: Coinbase Explains The Cause of Issues Amid Latest Bitcoin Price Volatility
The largest US-based cryptocurrency exchange Coinbase has issued a formal apology for users in the UK and the EU region. The company acknowledged that its services have been unstable because of the high number of new registrations and the latest regulatory requirements.More Users Led To Problems On CoinbaseCoinbase users located in the UK or the EU might have noticed that the services on the popular US exchange didn’t operate properly in the past two months. The platform displayed “partially...
Read More »The Man Who Lost Access To Bitcoins Worth $245 Million
Investing in cryptocurrencies carries risks of its own. Apart from the highly volatile price, investors who store their funds on external wallets (and not exchanges) need to save and protect the information that will enable them to access the assets.In case someone loses their private keys (essentially a password for the wallet), this could spell disaster. Such could be the case with Stefan Thomas and his bitcoins worth more than $240 million.7,002 Bitcoins Could Be Forever LostThe NY Times...
Read More »Stellar Price Analysis: After 50% Weekly ROI, XLM Facing Important Resistance at $0.3
XLM/USD – Bulls Defend Support at $0.27Key Support Levels: $0.27, $0.257, $0.224.Key Resistance Levels: $0.3, $0.325, $0.35.XLM seems to be holding strong at the $0.27 support over the past three days after it surged as high as $0.45 last week. The cryptocurrency could not break a daily candle above $0.35 and started to head lower from there. Nevertheless, it’s up about 50% since the open seven days ago and it’s now facing an important resistance.During the BTC intra-day price drop on Monday,...
Read More »Tron (TRX) Price Analysis: Bulls Struggle To Protect $0.027
Tron price failed to clear the $0.0360 resistance and declined below $0.0320 against the US Dollar.TRX price is now trading well below $0.0310 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $0.0280 on the 4-hours chart (data feed via Bitfinex).The pair could start a major decline if it fails to stay above the $0.0280 and $0.0270 support levels.TRON price is showing bearish signs below $0.0310 and $0.0320 against the US Dollar, similar to...
Read More »Bitcoin Price Analysis: BTC Holding Key Uptrend Support
Bitcoin price started a major downside correction from the $42,000 high against the US Dollar.The price is now trading well below $36,000 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $32,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must clear the $35,500 and $36,000 resistance levels to start a fresh increase.Bitcoin price is moving lower below $35,000 against the US Dollar. BTC could start a fresh...
Read More »Vitalik Buterin Promotes Social Recovery Wallets to Help Retrieving Funds After Losing The Private Keys
Despite the bloodshed of this Monday, cryptocurrencies are still arousing the interest of the mainstream audience, and Vitalik Biterin, the creator of Ethereum, is aware of the great responsibility involved in developing a product that could revolutionize the world of finance… Especially if it comes with the responsibility of becoming your own bank.In a blog post dated January 11th, Vitalik spoke about the importance of developing methods that allow users to recover their wallets’ private...
Read More »Mark Cuban: Bitcoin Should Be Okay in the Long Run
The recent bitcoin selloff and the dip of the world’s number one digital currency by market cap has several analysts and industry experts flooding the space with comments and ideas regarding where the asset will go from here, and some of them – which are surprisingly coming from Mark Cuban – are rather positive.Mark Cuban: BTC Will Survive the Present OnslaughtIt’s a bit of a shock to see Mark Cuban say anything good towards bitcoin considering he’s been a bit on the bearish side in recent...
Read More »