Crypto news

Ripple has unlocked one billion XRP from its escrow wallet on Sunday. It represents the supply issuance for the month in the agreement with its pre-decided schedule.At present estimations, this adds up to approximately $225 million. Right now, XRP is finding itself in a pretty much heavy position regarding its price. At the time of writing it is trading $0.22 (0.49% up within 24 hours). However, if it would fall and kept itself on a support zone of 0.20$, this could mean serious trouble for...

Another cryptocurrency exchange has been the subject of a potential theft. This time around, the victim is IDAX, and its CEO is accused of stealing the private keys that allows access to customer funds.IDAX: The Latest Victim of Crypto ThieveryIf this doesn’t sound familiar, it should. The situation is basically a play on what happened earlier this year with Quadriga CX, the notorious cryptocurrency exchange in Canada that’s been responsible for the loss of roughly $200 million crypto funds....

Ethereum co-founder Vitalik Buterin is signing a petition to free recently arrested developer Virgil Griffith. Buterin argues that Griffith’s North Korean speech was basically public knowledge anyway. Reasoning aside, Griffith still ignored a U.S. travel ban. Ethereum co-founder Vitalik Buterin has come to the aid of estranged developer Virgil Griffith. FBI officials recently arrested the somewhat rogue developer in Los Angeles on Thanksgiving after he reportedly aided North Korea in its...

A U.S. man has been arrested for teaching North Korea about blockchain. According to a press release, Virgil Griffith – a resident of Singapore but a citizen of the United States – has been charged with violating international restrictions by traveling to North Korea and providing a lecture and advice regarding blockchain technology and how it can be used to violate present sanctions.North Korea: Using Blockchain for Illicit Purposes?North Korea, a nuclear state, has had a very controversial...

Not everyone is pleased with bitcoin, but now the European Central Bank (ECB) – which described bitcoin as the “evil” spawn of 2008’s financial crisis – says it’s on the verge of doing something about it.The ECB and Its Digital PlansWhat is this plan? To develop a new centralized cryptocurrency issued by the bank. This isn’t much of a plan when you really think about it considering just how many countries and governments say they’re looking to exact the same steps. China, for example,...

Litecoin, one of the most popular cryptocurrencies aside from Bitcoin, is noting a recent severe crash in its hash, almost reaching the 2017 levels.This decline comes just months following the 2019 Litecoin halving event. It raises the question among the community if Litecoin’s network can be jeopardized more easily if the hash rate continues to drop.Litecoin Hash Rate PlungingLitecoin’s hash rate is declining violently over the past six months. The all-time high was reached during the recent...

From euphoria to depression: The recent volatility in the price of Bitcoin had burned many shorts and longs. Heaven for traders, hard times for the HODLers.On Friday, just two days ago, everyone was bullish, following a breakout of a decent inverse head and shoulders pattern (at $7400). Following our recent analysis, the huge bullish move had indeed arrived, but couldn’t resist beyond $7870.Then, Bitcoin encountered a long-term descending trend-line, shown both on the following 4-hour and the...

Ethereum co-founder Charles Hoskinson believes that bitcoin is about to achieve big things.Hoskinson: BTC Will Reach $100,000Via Twitter, Hoskinson posted his beliefs that bitcoin could easily reach $100,000 in the coming years. This arguably puts him up there with the likes of venture capitalist Tim Draper, who has stated that bitcoin is likely to hit the six-figure mark by the time 2023 rolls in.Hoskinson’s words are intriguing in that he is the co-builder of arguably bitcoin’s biggest...

A federal court is asking the founder of Telegram – Pavel Durov – to testify in the Security and Exchange Commission’s (SEC’s) case against the encrypted messaging service’s latest initial coin offering (ICO) of its new cryptocurrency known as the “gram.”Telegram Is Trapped in a Big Legal BattleTelegram has garnered almost $2 billion through the sale of its new gram token, which has been going on since 2018. Overall, the company has done well. The trouble is the SEC is saying they failed to...

In China wurde der Bitcoin Handel bereits in den Untergrund gedrückt – die Hong Kong Proteste werden zum Beispiel teilweise mit Bitcoin finanziert. Die russische Zentralbank prüft nun, wie auch sie den BTC zensieren kann.Bitcoin News: Russland versucht sich an Bitcoin ZensurAuch wenn Russland und China nicht direkt am Tropf des US-Dollar hängen, basieren Rubel und Yuan auf demselben Fiat-Prinzip. Und damit haben diese beiden Großnation ebenfalls ein immenses Interesse daran, freie dezentrale...