Crypto news

According to Samson Mow, Chief Strategy Officer of Blockstream, Craig Wright’s lawyers have been sending out letters regarding Craig Wright’s Tulip Trading Limited revealing that access to two of Wright’s Bitcoin addresses has been compromised.This puzzling assertion comes amid a legal battle between Wright and the Kleiman estate, during which Wright has claimed that he is Satoshi Nakamoto, inventor of Bitcoin, but will not pay the Kleiman estate the 1.1 million Bitcoin which they feel they...

The research and development team of the American newspaper The New York Times has tested a blockchain-based project to address the growing issue of misleading information in the online space.NYT Turns To Blockchain For Validating InfoIn its recent report, the NYT outlined the problem of misinformation, primarily when it comes down to pictures circulating the Internet. Once the images are uploaded somewhere, the chances of being altered or hampered with increase, hence jeopardizing their...

The U.S. government has hired a new comptroller of the currency, and his name is Brian Brooks. What makes Brooks so interesting? He’s a bitcoin and blockchain bull and a former attorney for Coinbase. How ironic that he would work in an administration headed by Donald Trump, who in the past, has expressed negative opinions of bitcoin and other cryptocurrencies.Brian Brooks: Blockchain Gives Us Great PowerIn a recent interview, Brooks explained that he sees blockchain as a major turning point...

It looks like bitcoin and cryptocurrency has got the U.S. government and the pentagon a little on edge.Bitcoin Is Scaring Top Government PlayersThe U.S. Department of Defense has revealed that it is planning for what could potentially be a bitcoin revolution. The government body has listed several potential scenarios in its roster that could see an uprising of Generation Z and members potentially using bitcoin and other forms of crypto to somehow go against the present government system.It’s...

At this point, it seems like $10,000 indeed is a coveted level for Bitcoin bulls. Another week passed, and we saw yet one more failed attempt to reclaim this level.Interestingly enough, it happened minutes after the US Federal Reserve concluded its two-day June meeting, confirming near-zero interest rates for the short- and medium-term. In light of the news, Bitcoin’s price shot up to $10,000, where it was met with strong resistance, and it dropped almost immediately.The following day,...

It looks like bitcoin may have been hovering at around $10K all over again, though at the time of writing, it has failed to cross that mark. In fact, the currency has fallen by about $300 or so.Bitcoin Rises and Falls… AgainJust yesterday, the currency spent the early morning hours meandering about the high $9,900 position. This was its highest position in a little over a week, but as we’ve seen before, $10K is proving to be yet another hardcore resistance point on the bitcoin ladder. On...

Well-known cryptocurrency proponent John McAfee recently announced an upcoming encrypted chat application dubbed TeleGHOST. Based on the GHOST blockchain, it will allow full integration with the widely-utilized encrypted messaging app – Telegram.McAfee Announces TeleGHOST Chat AppThe former antivirus software tycoon posted on Twitter the details regarding the new encrypted chat app that will employ GHOST blockchain called TeleGHOST. It will be a “decentralized private network that can...

Over the past couple of days, three transactions with abnormally high fees were carried out on Ethereum’s network. Two of them, both with the same fee of about $2.6 million per transaction, were initiated from the same sending address, while the third one was from a different address and with a smaller fee compared to the others.According to Vitalik Buterin, Ethereum’s Co-Founder, these million-dollar transaction fees “may” actually be blackmail.What Happened on Ethereum’s Blockchain?Two days...

BitcoinBitcoin saw a 3% decrease over the last week of trading as it drops into the $9,445 level. The coin started the week battling the $9,815 level as it proceeded higher to reach $10,000. Unfortunately, BTC was unable to capitalize above $10,000 and dropped by a steep 7% yesterday.Luckily, it found support at a rising trend line, which has kept the bullish trend intact for now.Looking ahead, if the buyers push higher, resistance lies at $9,815 and $10,000. Above this, added resistance is...

More than a year after the sad end of Canadian cryptocurrency exchange QuadrigaCX, a new investigative report published by Ontario’s securities regulator reveals that the exchange had gone rogue long before the co-founder was pronounced dead in India.QuadrigaCX was one of Canada’s largest exchanges until late 2018 before the sudden passing of its co-founder and CEO Geral Cotten. The company then claimed only Cotten had access to the private keys of the exchange’s cold wallets, which held some...