Decred makes upgrades to its public proposal system. DCR surges over 19% in less than 24 hours. A look at the 4-hour chart reveals DCR could retrace to $16 before it continues rising. Autonomous cryptocurrency Decred (DCR) is skyrocketing after its community welcomed new developments surrounding Politeia, its own censorship-resistant blockchain-anchored public proposal system for funding projects. In the last 24 hours, DCR jumped over 19% to hit a high of $18.50. The upward...
Read More »BitMEX Twitter ‘Hack’ Incites Ominous Warning: ‘Take Your Bitcoin & Run’
Following the mammoth BitMEX user data leak, the bitcoin exchange’s Twitter account was allegedly hacked. While under the perpetrator’s control, the account tweeted an ominous warning: “Take your BTC and run.” BitMEX withdrawals are currently disabled, at least for some users. Things have gone from bad to worse for BitMEX today as a mass leak of user emails has seemingly turned into a full-blown crisis for the world’s most significant bitcoin trading platform. As CCN reported, the...
Read More »Samsung Adds Elrond Token to its Blockchain Wallet
Photo: SamsungSamsung has announced that it is expanding the range of coins available in its blockchain wallet. It has added new token Elrond (ERD) to ensure secure and faster payments using this crypto.Samsung Galaxy S10 device is able to automatically generate a blockchain wallet for users, allowing them to store and use numerous cryptocurrencies (earlier their number was 33). This wallet is created to allow users to make transactions in cryptos and easily access DApps from their...
Read More »Despite BitMEX’s Bad Day, Bitcoin Withdrawals Are Processed Normally
It’s safe to say that BitMEX has had better days. Earlier today, it was reported that many of its users’ email addresses had been leaked. A few hours later, it appeared that the platform itself had been compromised, as the company’s Twitter account stated that withdrawals had been suspended. Shortly thereafter, BitMEX announced that all funds were safe; indeed, withdrawals are working just fine.BitMEX Under SiegeThe day started off with some bad news for BitMEX, the most popular Bitcoin...
Read More »China Launches 5G Network Offerings ahead of 2020 Proposed Date
Officially, China has now joined the list of countries that have fully launched 5G services to consumers. On Friday, Chinese mobile operators made 5G available in many parts, as the country continues several efforts to lead the world regarding tech offerings.China Mobile, China Unicom and China Telecom have now announced several 5G options for all of their individual customers, probably as a way to catch up with other countries that have already done the same this year including the U.S., the...
Read More »Japanese Fintech Startup Paidy Raises $143M from Investors Including PayPal Ventures
Japanese consumer instant credit provider Paidy has announced that it raised $143 million in investment capital from institutional investors. The new financing round includes $83 million series C financing extension and debt financing of $60 million. The series C funding included participants such as PayPal Ventures, the Famed Soros Capital Ventures, JS Capital Management and Tybourne Capital Management and an unnamed investor.The financial institutions that initiated the debt financing...
Read More »Stellar (XLM) Spikes 8%; What’s Causing the Pump?
XLM skyrockets in the wake of the President Xi-inspired pump. Lumens gains prominent listing on Coincheck. Stellar Foundation scraps inflation. Ripple rival Stellar (XLM) is head and shoulders above the rest of the cryptocurrency market Friday, as it posts an 8% intraday increase. The crypto markets have seen some bullish performance of late following the so-called Xi pump. Last week, China’s president, Xi Jinping, shilled blockchain technology, leading to a mass revival of bitcoin...
Read More »WeChat: Bitcoin-Suchvolumen explodiert!
WeChat Messenger: Suchvolumen nach Bitcoin und Blockchain auf WeChat explodieren Der Handel mit Kryptowährungen in China ging in der Vergangenheit mit strengen Verboten einher. Der starke Kursanstieg des digitalen Goldes am letzten Wochenende scheint aber durchaus mit den neuesten Ereignissen des Landes zusammenzuhängen. Nachdem am Samstag ein neues Kryptographiegesetz verabschiedet wurde und sich der Präsident Xi Jinping positiv gegenüber...
Read More »Deribit to Compensate Users for Its Error Resulting in Bitcoin Price Crash
Photo: DeribitOn Thursday, October 31, Bitcoin witnessed a major flash crash to $9000 levels on two exchanges – Coinbase Pro and Deribit. On Thursday, at 19:55 UTC, BTC spot price crashed from $9260 to $9055 in a short span of time.Just within an hour later, futures and options exchange, Deribit saw BTC futures dropping from $9150 to $7720. However, in just a few minutes BTC price bounced back to $9000. However, this rapid price fluctuation in BTC caught traders’ attention as multiple orders...
Read More »Only 30 Percent of U.S. Citizens Know the Truth about the U.S. Dollar
A recent study carried out by Genesis Mining revealed some interesting details that would shock you too, except of course you already knew the answers. The study was conducted by the digital currency firm to gauge the level of knowledge US Citizens have about the Dollar, the world’s current ‘reserve currency.’The U.S. Dollar was backed by gold until 1971, a fact that has seemed to only make it into the knowledge-trivia of most people half-baked. According to the study, a significant number of...
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