Crypto news

Management consulting and research firm Everest Group has released a new market report focusing on the future of blockchain. The report, entitled “BigTech Battle: Assessing Managed Blockchain Platform Readiness for Enterprise Use,” addresses a number of major players developing blockchain projects, including Hewlett Packard, IBM, and Microsoft.The report cites Jelurida’s Ardor blockchain-as-a-service platform, alongside Multichain’s Enterprise, as two technologies with favorable ease of...

TRON (TRX) CEO Justin Sun teased a new secret project which would bring in at least 100 million new users. Sun also promised his new DLive and BitTorrent project would bring “multibillion benefits” to the TRON ecosystem. Reaction to Sun’s tweet was healthily skeptical, given the founder’s long history of baseless predictions and promises. TRON founder Justin Sun is cooking up a secret project that will bring “multibillion benefits” to the TRX ecosystem. That’s...

Bitcoin had a quiet start 11 years ago but since then has implemented serious innovations within the financial world and has managed to leave a definitive mark. While some people debate over the incredible investment returns it has delivered over the past decade, the largest cryptocurrency also managed to disrupt the whole financial sector.Let’s dive into some of the changes that Bitcoin presented during its relatively short existence.Bitcoin PriceBitcoin’s price is one of the most discussed...

Cryptocurrencies and illegal activities are often mentioned in the same sentence, especially by those who don’t support the idea of digital assets. Their anonymous nature leaves room for attacks that they are mostly used for similar transactions, but some reports might bring more light to the case.With this said, let’s find out whether or not Bitcoin is used for illicit activities more or cash remains king.What Is Used For Illegal Activities?Lawbreakers and offenders have existed long before...

The end of 2019 marked yet another volatile and, in most cases, profitable, year in the cryptocurrency community. The field continues to evolve with new developments while governments are starting to pay further attention, ultimately leading to a more mature market place.A recent report has compiled interesting data regarding the performance of Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Bitcoin SV, and Ethereum Classic. To do so, SFOX has examined several factors, including price, volume,...

The whole cryptocurrency market has been somewhat volatile over the last several days. Bitcoin, for example, is almost invariably on the move. Friday, it went down to $7,666 on Bitstamp and yesterday surged to nearly $8,300. At the time of this writing, it has calmed to around $8,100.Taking a look at the technical aspects, $7,700 serves as a major support line now, followed by $7,400. If Bitcoin’s bullish 2020 move is to continue, it would have to break the most significant resistance level...

On Friday, the Securities and Exchange Commission (SEC) had filed invoices to the court. The SEC is claiming that brothers Nikolai and Pavel Durov were selling the Gram tokens after the initial pre-sale end.If It Has No Flaws, Invent ThemTelegram officially claimed that they did not conduct any sales after the initial offering end.However, the SEC representatives are sure that Telegram accountants have been messing with papers. Maybe Telegram managers got a total of 1.7 billion during the...

The crypto community is on the fence regarding the May 2020 halving. Fundstrat founder Thomas Lee believes that the halving along with two other catalysts will push bitcoin to greater heights. Other analysts are also bullish on the orange coin as they predict that a new all-time high is on the horizon. There’s an ongoing debate in the crypto community regarding the May 2020 bitcoin halving. Many are claiming that the bullish catalyst is already priced in. In other...

The North Korea-based hacking group Lazarus appears to be coming back, and this time, it’s allegedly using the encrypted messaging service Telegram to steal your cryptocurrency.Lazarus Is Bigger Than EverThe news comes by way of cybersecurity firms Kaspersky Labs, which stated recently that the group is taking “more careful steps” to ensure it can steal users’ data or digital funds without raising too many red flags. Researchers are calling the new attack wave “Operation AppleJeus Sequel,” a...

Here’s an interesting “reversal of attitude.” The state of New York – which up to this point, has been relatively anti-crypto – is suddenly announcing plans to launch its own cryptocurrency payment system in the coming years.Does New York Suddenly Love Crypto?This is strange given that New York has widely been criticized for stifling cryptocurrency and blockchain innovation within its borders. The state issued the dreaded BitLicense approximately five years ago.Many saw this document as a...