Crypto news

Phase 0 of Ethereum 2.0 has been running full nodes on the Topaz testnet for months. However, the first block on the highly anticipated Beacon Chain has been mined and validated in mid-April. The first testnet was called Sapphire, and it was a scaled-down version that successfully tested smaller 3.2 ETH deposits.Topaz went live with testing full 32 ETH nodes in May, and the Onyx testnet was launched in mid-June. According to Prysmatic Labs, who have been conducting a lot of the testing, Onyx...

Although the Twitter hack had some delayed effects on Bitcoin, the downward move was quickly disbanded, and BTC remained relatively calm.The altcoin market is again showing signs of volatility with numerous examples of double-digit gainers and losers, including Elon Musk’s favorite Dogecoin.Bitcoin Chills On FridayThe largest cryptocurrency by market cap has been stalled in a tight range from $9,000 to $9,300 for over a week now. The events that transpired a few days ago, namely the infamous...

It’s rough whenever money is not put to proper use, but according to one source, that appears to be what happened in Texas recently when a man allegedly used a PPP loan to get his fingers on cryptocurrency.PPP Loans Are Not to Be Played Around WithThe Paycheck Protection Program (PPP) has reached a new pinnacle over these past few months as the spread of COVID-19 continues to allegedly ravage the economies in America and beyond. In the United States, several steps have been taken to ensure...

Documentation stemming from the Securities and Exchange Commission (SEC) suggests that Zap – a company that has partnered with credit card company Visa – has garnered more than $3 million to establish further bitcoin payment protocols.Zap Is Rolling in DoughThe funding round occurred in April of this year and was led by Green Oaks Capital and Morgan Creek. Zap is currently building a new platform atop the Lightning Network that could potentially make it much easier for users to pay for goods...

Another massive bitcoin hack is in the books, though this one is a bit different in that it involves Twitter, one of the largest social media platforms across the globe.High-Profile Twitter Accounts OvertakenTo be fair, Twitter has been utilized to garner illicit bitcoin funds before from unsuspecting victims. Elon Musk – who was one of the more prominent figures at the center of this event – can vouch for that, though never has such an attack as the one that occurred 48 hours ago been...

During the past seven days, Bitcoin failed to surprise us with anything in terms of price action. It appears that the cryptocurrency continues with its somewhat dormant state as it remained stagnant and rangebound between $9,000 and $9,200.Yesterday, BTC’s price dropped from slightly above $9,200 to around $9,040, sparking worries that things might take a turn for the worst. However, the price has since rebounded, and it’s once again consolidating around $9,150.What Bitcoin lacked in price...

BitcoinBitcoin saw a small 1% price decline this week, but it managed to remain within the confines of a symmetrical triangle pattern.Throughout the week, BTC attempted to break above the upper boundary of the triangle on numerous occasions but failed each time. The coin recently found support at the lower edge of the triangle.BTC can be considered directionless (neutral) until a breakout occurs from this triangle. If it breaks toward the upside, then BTC can be expected to head back to the...

Wednesday, July 15th, 2020, will forever be remembered as the day Twiter became a puppet in the hands of a mischievous hacker.Twitter was hacked. And the accounts of some of the most prominent people in crypto and the world were compromised and used to steal Bitcoin in giveaway scams.Experts Share Their OpinionsAlthough the micro-blogging platform has regained control and is currently investigating the matter, industry experts are still sharing their thoughts and opinions about the...

Der aktuelle Twitter Hack hat vor allem eines gezeigt: Es ist ziemlich übel, wenn Identitäten, Accounts, Währungen usw. zentral verwaltet werden. Wenn einfach so, innert Minuten, Accounts von Es US-Präsidenten und der grössten Leader in Wirtschaft wie Elon Musk gehackt werden können, dann ist das ein ziemlich grosses Risiko. Im Bitcoin-Land ist dies doch genau dasselbe. Was, wenn ein Hacker die grossen Bitcoin-Accounts und Börsen angreift? Eines ist klar, zumindest...

Bitcoin is looking a bit worse for wear right now.Bearish traders have finally succeeded in overcoming the long-standing up-trending support (yellow line) that was first established on May 11, and we now have three red candles in a row on the daily BTC/USD chart for the first time since late June.During today’s trading session, we can see that bullish traders are now fighting desperately to keep the $9,100 level in play. However, the up-trending support is currently acting as a strong...