Crypto news

After the restrictions of quarantine are over, the leading U.S. based crypto exchange, Coinbase, will embrace a ‘remote-first’ culture. The remote-first shift has been accelerated with the duty to comply with the six feet apart social distancing measures currently in place due to Coronavirus.Implications for Coinbase EmployeesCoinbase estimates that between 20 – 60% of the company employees will work remotely despite the restrictions of COVID-19 are lifted.Once the proper procedures have been...

Crime and dark web activity have always been big in the crypto space, but as of late, it looks like the numbers in the space have grown exponentially over the past three years.The Dark Web Is Expanding HeavilyAccording to a new report issued by Bitfury – a bitcoin technology firm – dark web activity in the crypto arena has surged by more than 300 percent over the past three years. Furthermore, the number surged by more than 60 percent in just 2020 alone. The report suggests that dark net...

The recently moved 50 bitcoins, which were mined in February 2009, rattled the cryptocurrency community as many members are arguing if Satoshi Nakamoto himself transferred the coins.While these rumors are speculative at best, the address that sent the bitcoins can actually be located in a court document from the notorious Kleiman vs. Craig Wright legal case.Not Satoshi’s 50 BitcoinsAs CryptoPotato reported earlier today, 50 bitcoins mined in 2009 were transferred to an unknown address. The...

With the federal government printing new money every five minutes, many analysts and traders say that the threat of inflation is upon us, but strangely, many are not turning to bitcoin in these troubled times, but rather to gold. Several analysts believe that gold is the answer to many incoming economic troubles.Analysts: Gold Is Stronger than BTCFund manager Crispin Odey, for example, recently commented:Gold is the only escape from global monetizing. In the short term, the money will be made...

No doubt bitcoin’s been doing rather well as of late, but according to executives at Andreessen Horowitz, another breakout is on the horizon, and bitcoin could spike to levels we haven’t seen in some time.Andreessen Horowitz Predicts Big Things for BitcoinBoth Chris Dixon and Eddy Lazzarin – partners at the investment firm – wrote in a blog post that a “fourth crypto cycle” is about to emerge. They believe that bitcoin’s price is going to get much higher in the coming months, and that those...

Bitcoin’s price saw a sudden vicious flash crash on one of the most popular cryptocurrency exchanges – Bitstamp. The price lost upwards of $600 in a single candle that lasted less than a minute.Bitcoin Price Flash Crashes To $9,100 On BitstampThere are no boring days with Bitcoin. Just a few minutes ago, the price of the world’s leading cryptocurrency flash crashed on the popular exchange Bitstamp.The move was sudden and brutal, as seen in the chart below.BTC/USDT. 1 minute. Bitstamp. Source:...

An interesting Bitcoin transaction surfaced today, bringing back memories from 11 years ago in the distant 2009. 50 BTC mined back then were just transferred to another address.Bitcoin Mined in 2009 Just TransferredData from Blockchair reveals that 50 bitcoins mined in 2009 were just transferred to an unknown address.The transaction took place today, and it was included in block 631058. This is where things get interesting. The sending address only has two transactions carried out through it...

Stellar surged by a total of 36% over the past 30-days as it reaches the $0.070 level.The cryptocurrency is now holding the support at $0.066, and it remains above a rising trend line.Against Bitcoin, XLM suffered in May after falling from 850 SAT, but the bulls are in a battle to remain above the 700 SAT support.Key Support & Resistance LevelsXLM/USD:Support: $0.066, $0.061, $0.0588.Resistance:$0.071, $0.0757, $0.08.XLM/BTC:Support: 700 SAT, 680 SAT, 655 SAT.Resistance: 720 SAT, 750 SAT,...

The cryptocurrency financial service company Bitcoin Suisse announced that it will start offering high-security staking for Tezos holders. The large organization claims that the addition comes after increased interest from institutional investors towards staking services for digital assets.Bitcoin Suisse To Offer Tezos StakingAccording to the announcement, the demand from institutional investors towards digital assets and various crypto-related financial products has been surging lately....

The American telecommunication company AT&T received a blow this week, as a US judge rejected a motion to dismiss a lawsuit against the firm. Last year, a California resident filed a complaint alleging AT&T of wittingly assisting hackers in a SIM Swap attack that robbed him of 1.8m worth of various cryptocurrencies.AT&T’s Motion RejectedSeth Shapiro filed a complaint last year against the large telecommunication company. It claimed that employees from AT&T had helped hackers...