Crypto news

A recent report indicated that as proof-of-work-based cryptocurrencies such as Bitcoin and Monero were increasing in value in 2020, the cryptojacking cases worldwide have surged after a year of continuous decline.Cryptojacking On The Rise In 2020The term cryptojacking refers to when an unauthorized person gains access to a computer for mining (or minting) digital assets. These attacks can sometimes be so precise and critical that the victim fails to comprehend what is draining his device’s...

The only way to know if Ethereum can outperform Bitcoin in 2020 or 2021 is to ask — is Ethereum a good investment? Because a good investment is more than just the price of something versus something else. A good investment requires a number of boxes to be checked. Let’s see how many of these boxes Ethereum can check off. Ethereum’s Price — Is it Accurate? The price of an investment should reflect its value. If the price is lower than it’s value then an investor will typically...

Der BTC verliert erneut. Zwischenzeitlich fiel der Kurs des Marktführers sogar wieder in den 4-stelligen Bereich – mit einem Abfall von ungefähr 12 Prozent in der Spitze. Wie weit geht es noch runter für den Bitcoin?Bitcoin News: Wie weit wird der Bitcoin noch abfallen?Auf bis zu 9.750 US-Dollar ging es wieder runter, wodurch das Plus der letzten Wochen pulverisiert wurde. Analysten sehen genau bei diesem Preis jedoch eine sichere Long-Position:We’ll get a glorious $btc long in at 9.6k okay?...

The number of web developers building applications on Ethereum has increased year-on-year since 2018. According to data from npm.stat, which displays the number of times a JavaScript code library has been downloaded, more Ethereum-specific code packages were downloaded in 2020 than in 2018 and 2019 combined.Ethereum ‘Buidlers’ Keep on BuildingThe two most commonly used JavaScript libraries in Ethereum are Ethers.js and Web3.js. Seen below, courtesy of ChainShot.com, the use of both code...

Russia’s On Digital Financial Asset (DFA) legislation has received yet another set of proposed amendments that can push the country into launching a full-scale ban on cryptocurrency usage, with three exceptions – inheritance, bankruptcy, and enforcement proceedings.Russia’s DFA Sees New PropositionsThe world’s largest country by landmass has been rather indecisive, to say the least, in its approach towards cryptocurrency regulations. The nation successfully passed the DFA bill in July after...

Following the launch of its mainnet earlier this summer, Elrond continues with new developments. The company recently introduced a new economic model for its native cryptocurrency and a token swap implemented firstly on Binance that transitioned ERD to the new coin called eGLD in a 1000:1 ratio.Elrond’s Token Swap Implemented On BinanceAs CryptoPotato reported in late July, Elrond launched its mainnet as the company also unveiled the first application utilizing the Elrond blockchain dubbed...

After a few days of declines, Bitcoin has regained some value and is hovering around $10,500. Most altcoins are also recovering, with the total market gap increasing by $10 billion from yesterday’s bottom.Bitcoin Bounces Off $10KThe bears dominated the cryptocurrency field in the past few days. Bitcoin dipped below $10,000 on two occasions just days after exceeding $12,000. Since the second drop, though, BTC has displayed signs of recovery and is currently trading around $10,500.From a...

Zug – one of the regions belonging to the Swiss Confederation – has announced that residents will be able to pay their taxes in either bitcoin or Ethereum starting next year.Zug – Want to Pay Your Tax Bill with Digital Currency?Zug is part of Switzerland’s affectionately dubbed “Crypto Valley,” which has garnered its nickname thanks to the many bitcoin, crypto and blockchain startups the region currently houses. The area takes its name from Silicon Valley, the section of Northern California...

The popular Bitcoin and cryptocurrency derivatives exchange BitMEX announced the launch of ‘quanto futures’ for four crypto coins – EOS (EOS), Chainlink (LINK), Tezos (XTZ), and Cardano (ADA). This comes after BitMEX’s recent move that requires users to sign up for a mandatory ID verification procedure’. BitMEX To Launch Quanto Futures Trading For LINK, XTZ, EOS, ADA In an early morning blog announcement today, the Seychelles-based futures exchange said that it plans to...

Singapore is looking to become a crypto leader by helping to set the price standards for both bitcoin and Ethereum, the two largest digital currencies around. Singapore Exchange Ltd. has recently announced that it is currently setting up two additional crypto indexes to help local and international traders better understand the prices of both assets and make smarter trading decisions from there.Singapore Looks to Lead the Fight for CryptoThe indexes will be known as the iEdge Bitcoin Index...