Crypto news

Remember Atari, the old video game system? The original video game system? Well, it turns out the company is still around, and it’s entering the cryptocurrency arena.Atari Is Releasing Its Own CoinThe firm has announced the establishment of the Atari token, which is set to have a public sale in about a month on the Bitcoin.com exchange. Set for early November, customers or participants looking to take part in the sale can only purchase the coin utilizing five “mainstream” cryptocurrencies....

Despite numerous reports indicating that Bitcoin HODLers are on the rise, a recent survey revealed the opposite. About 70% of participants that own digital assets answered that they had used them to make purchases such as food, clothing, and even education.Crypto Users Actually Spend Their HoldingsBlockCard partnered with Bitcoin Market Journal to survey over 35,000 cryptocurrency investors if they use their coins for payments. Some of the questions included if they had spent any digital...

Während die Arbeiten an der Bitcoin-Regulierung laufen, entwickelt die EZB auch einen eigenen Cryptocoin. Die Testphase wird in einer neuen Ankündigung bereits in Aussicht gestellt und soll „demnächst“ beginnen. Doch wer ist eigentlich die Zielgruppe des Euro-Cryptocoins?Crypto News: Die europäische Zentralbank intensiviert die Arbeit am digitalen EuroDie Taskforce des Eurosystems umfasst Experten von 19 nationalen Zentralbanken. Die EZB sieht im Erfolg des Cryptomarktes eine Chance, im...

Criminal charges have been filed against the owners of BitMEX, arguably one of the largest and most popular cryptocurrency exchanges in the world. The company has been accused of engaging in illegal transaction activity and of money laundering.BitMEX Owners Experience IndictmentsBitMEX chief executive Arthur Hayes was formally charged on Thursday by prosecutors in the greater metropolitan area of New York City. In addition, three of the platform’s other owners – including Benjamin Delo,...

After losing more than $250 million worth of cryptocurrencies in a security incident on September 26, KuCoin may have found new evidence to identify those responsible for the hack.It’s been exactly one week since Singapore-based cryptocurrency exchange KuCoin suffered what would be the third-largest hack in the history of crypto.And now, the exchange claims that after a thorough investigation, it has found the suspects of the siphoned $280 million with “substantial proof at hand.”KuCoin CEO...

According to a recent poll by the creator of the popular Bitcoin stock-to-flow model, the majority of participants believe that BTC’s price will either hit $55,000 or stay below it by the end of 2021.Backstory: Bitcoin Stock-To-Flow Model(s)A cryptocurrency analyst going by the Twitter handle PlanB revealed the first version of the BTC stock-to-flow model a few years back. He described the stock as the size of existing reserves (or stockpiles) and the flow – the annual supply of bitcoins on...

A recent study compiled with government authorities and regulators concluded that they still view the cryptocurrency industry as a significant risk source. Those establishments raised concerns regarding the field’s self-regulation and the number of illegal activities funded by digital assets.Unsurprising: Regulators Worried About Crypto RegulationsThe UK’s oldest defense and security think tank, the Royal United Service Institute (RUSI), published the study dubbed Cryptocurrency Risk &...

Bitcoin worth roughly $500,000 was moved to one of Bitfinex’s hot wallets a couple of days back.This might seem like nothing but an ordinary transaction if it wasn’t for the fact that the BTC in question was mined back in May 2010, and it hasn’t been touched since. At the time, Satoshi Nakamoto, Bitcoin’s pseudonymous creator, was still active.50 BTC From Satoshi’s Time on the MoveAn exciting transaction took place a couple of days ago. On October 1st, 2020, someone sent 50 BTC, currently...

Following the recent price decreases after the BitMEX and Donald Trump COVID19 news, Bitcoin has calmed and trades above $10,500. The situation with the altcoins is somewhat different as most continue struggling.Bitcoin Stays Calm After The DropsAs reported yesterday, Bitcoin tumbled from $10,900 to about $10,450 in a matter of hours. The drop came after news broke that the US CFTC charged the owners of the large cryptocurrency derivatives exchange BitMEX for illegally operating the platform...

Decentralized finance (DeFi) has grown exponentially this year and is becoming more popular on a regular basis.DeFi Is Heading for the StarsOne of the big things behind the growth of DeFi is Chainlink, which has become one of the largest cryptocurrencies available in the digital world today. At one point, Chainlink (LINK) was in 12th place when it come to the arena’s largest digital assets, but now, the currency has a total market cap of several billion and has moved into fifth place, marking...