Crypto news

[PRESS RELEASE – Please read disclaimer]The Quppy contactless payment app now supports mobile phone recharges in over 140 countriesQuppy, a three-year-old European fintech project, has integrated instant mobile phone top-ups in over 140 countries. Recharging your mobile phone and those of your relatives and friends has never been that easy and fast. You simply have to fill in the number or chose it from your contact list and state the exact recharge amount.The Quppy Team has decided to...

The popular entrepreneur and billionaire Elon Musk recently revealed how much BTC he holds. In a Twitter thread initiated by Harry Potter’s author, J.K. Rowling, that quickly went viral, Tesla’s CEO chipped in, saying exactly how much of the cryptocurrency he owns.Elon Musk Owns 0.25 BTCFriday was undoubtedly a big day for Crypto Twitter. The author of Harry Potter, J.K. Rowling, asked the community to explain Bitcoin to her.A number of influential individuals, including Binance CEO Changpeng...

Following the official halting of Telegram’s TON blockchain project, Co-founder of Qiwi Group Sergey Solonin has decided to loan his $17 million investment back to the company, according to a recent report by Forbes RU.$17 Million Investment Stays In TelegramThe past several weeks have been particularly challenging for Telegram’s blockchain project called TON. Firstly, the prolonged legal battles with US authorities led to missing the April 30th, 2020, deadline to launch the network and to...

Recent Chinese reports indicate that a new cryptocurrency scam, resembling the notorious PlusToken, has been brought to trial this week. Dubbed WOTOKEN, allegedly scammed over 700,000 users and absorbed more than $1 billion worth of Bitcoin and other digital assets.The New Chinese Threat: WOTOKENAccording to local reports, the trial began on May 14th in the People’s Court of Binhai Country, Yancheng City, against six defendants allegedly operating the WOTOKEN project. More specifically, the...

The Libra Association has added another member to its long list of governing firms. This time, the addition comes in the form of Temasek Holdings Pvt. Ld. In Singapore. The company is a state-owned investment firm and will assist in all future decision-making when it comes to Facebook’s official currency.Libra Sees Temasek Join UpIn a statement, the Association explains:Temasek, a global investment company headquartered in Singapore, brings a differentiated position as an Asia-focused...

Popular social media platform Reddit is releasing two new Ethereum-based tokens. These currencies will be granted to Reddit users who create appropriate or stellar content.Reddit Is Working in the Crypto SpaceThe tokens will be known as $MOONS and $BRICKS. They’ll be issued to the subreddits of both “Fortnite” and cryptocurrency, respectively. They are part of a new “Community Points” program in which users are ultimately rewarded for posting material.A Reddit spokesperson explains:We...

Bitcoin may be at the center of crypto enthusiasts’ attention as of late due to the recent halving, but it’s not the only coin that’s on a bull run. Tezos (XTZ) – the tenth largest cryptocurrency by market cap – has lots of fans going crazy about where it will go, as it has already risen by more than 80% since the beginning of the year.Tezos Is Getting a Solid ReputationAt the time of writing, Tezos is trading for just over $2.50. That’s about 85 percent higher than where it stood during the...

American professional basketball player, Spencer Dinwiddie is raising nearly $25 million worth of Bitcoin from fans and will allow them to pick his next team. Should the campaign fail, though, the current Brooklyn Nets guard plans to give all bitcoins for charity.Dinwiddie To Raise BitcoinsThe 27-year-old basketball player is under contract with the New York team at least until the 2020-21 season. Before the suspension of the NBA season, he was enjoying his best year yet, averaging 20.6...

Over the past day or so, Bitcoin suffered from a massive price correction. After reaching the $10K zone for the second time in 10 days, Friday’s devastating candle saw a huge drop of over $800 to $9112, which is the current low on Bitstamp.If you had read our previous price analysis from Thursday, you can’t be surprised. Along with calling the $9800 – $10,000 the “real test” for Bitcoin’s short-term, we also mentioned that the parabolic move since the halving “better slow down because we all...

Jared Tate, the Founder of DigiByte (DGB), announced that he will be stepping aside from day-to-day operations due to the “Greed…and rampant pillaging” of the cryptocurrency industry.Tate announced his departure from the front-end of the crypto space on his Twitter page on May 15. After eight years in the industry, he had this to say about his experiences:“Along the way I have learned some very humbling lessons. #1 of which is greed is the fundamental driving force in crypto & people’s...