Crypto news
The price of bitcoin – the world’s number one cryptocurrency by market cap – has fallen to just over $6,800 at the time of writing following news that the oil market in America tanked two days ago.Bitcoin Takes Another TumbleDespite spending the last several days trading above the $7,000 mark – which it had crossed for the second time in a month – the digital asset that everyone has come to know and love is once again being affected by outside market commodities and has taken a turn for the...
Read More »Business Owners Can Now Monetize Their Zoom Calls With Cryptocurrency
The large American communications technology company, Zoom Video Communications, has integrated a blockchain-based app for the first time. Developed by 2key.Network, SmartSessions is built on top of the Ethereum network and will allow business owners to monetize video calls with cryptocurrencies. Blockchain Enters Zoom The popular communications company announced the integration of SmartSessions earlier today. The latter utilizes SmartLink technology and will enable business owners to...
Read More »Russell Okung: BTC Is the “Best Way” to Empower People
It’s not uncommon to see sports players and crypto working together, and in the case of offensive tackle Russell Okung of the Carolina Panthers, bitcoin is something he’s crazy about.Russell Okung Loves His BTCAfter shooting out a tweet last year that read “Pay me in bitcoin,” it can’t become any clearer than it already is that Okung is looking for additional ways to grow the crypto industry and his digital wealth. Recently, the NFL player announced he would be investing in a company called...
Read More »Bitcoin Price Almost Entirely Recovered From The March 12 Plunge: This, Without External Help From The Fed
Having suffered losses due to the COVID-19 led market onslaught, both Bitcoin and the United States stock market have had a good month. However, one analyst has pointed out how Bitcoin’s recovery has been entirely driven by market forces, while stocks have been rallying on the back of government intervention. Bitcoin Recovered Without External Intervention “Take a step back [to] think about how $BTC has almost completely recovered from the 50% drop in March. No limit down or trading halted,...
Read More »Hackers Show Heart as Lendf.me Gets Its Stolen Crypto Back
It’s rare when a black hat hacker fixes the wrongs that he or she commits. It’s even rarer when they return the money they’ve stolen, but that appears to be the case this time around. Recently, Live Bitcoin News reported that roughly $25 million was stolen from Lendf.me, though now it appears that money has been returned.Lendf.me Gets Its Money BackLendf.me is part of a larger organization called DForce. The company recently earned more than $1.5 million in seed funding led by Multicoin...
Read More »BTCS Improves Cash Position with $500,000 Funding
Management Implements Cost-Cutting Initiatives Silver Spring, MD – (Globe Newswire – April 21, 2020) – BTCS Inc. (OTCQB: BTCS) (“BTCS” or the “Company”), a digital asset and blockchain technology focused company, today announced it strengthened its cash position in response to and to capitalize on economic dislocations as a result of COVID-19.BTCS has strengthened its cash position by raising $500,000 in a convertible note financing and applying for a $42,000 loan through the CARES Act...
Read More »The Newly Discovered Mysterious Post From 1999 That Might Have Been Written By Satoshi Nakamoto
The real identity of Satoshi Nakamoto, the anonymous creator of Bitcoin (BTC), remains one of the unsolved mysteries in the cryptocurrency industry. However, a recently discovered email from 1999 suggests that Nakamoto might have spent ten years to implement his idea of a peer-to-peer electronic cash system. The 200-words email, which was shared by Blockstream CEO Adam Back, is similar to the modern Bitcoin’s idealogy, including the anonymity of the creator. This perhaps suggests that it...
Read More »Argentina’s Central Bank (BCRA) Testing Blockchain-Powered Solution For Interbank Settlement Layer
The Central Bank of Argentina, BCRA, has joined a pilot scheme that will see RSK’s blockchain technology used to create a decentralized system for overseeing account debit claims. The project was given the go-ahead by the 2019 Financial Innovation Roundtable, of which BCRA is a member, as well as several other banks including Banco de la Provincia de Córdoba, Banco Santander, and BBVA. The latter two banks are part of the Blockchain Group, which includes Grupo Sabra and RSK parent company...
Read More »Ethereum (ETH) Reaches The 200MA After Jumping 4%. Can It Push To $200? Price Analysis & Overview
Ethereum increase by a total of 4% over the past 24 hours as it reaches $179. ETH has managed to surge by a total of 13% this week – making it the highest performing top 5 cryptocurrency. Against Bitcoin, Ethereum rebounded at 0.025 BTC as it heads back toward the April 2020 highs. Key Support & Resistance Levels ETH/USD:Support: $170, $165, $157.Resistance: $177, $188, $194.ETH/BTC:Support: 0.025 BTC, 0.0247 BTC, 0.024 BTC.Resistance: 0.026 BTC, 0.0263 BTC, 0.027 BTC. ETH/USD: Ethereum...
Read More »DeFi Horror Continues: Factom-Based Network PegNet 51% Attacked, $6.7M Worth Of Stablecoins Falsified
A group of miners controlling 70% of the decentralized network PegNet hash rate manipulated the price of a Japanese Yen-pegged stablecoin dubbed pJPY. By submitting false data, they managed to artificially inflate a wallet balance of $11 up to $6.7 million but couldn’t liquidate the assets later. Miners Manipulate A Stablecoin’s Price Built on top of the Factom protocol, PegNet is a decentralized network allowing users to trade stablecoins pegged to fiat currencies, commodities, and other...
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