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Telegram Partners with Anchorage for Institutions’ Benefits

Telegram – the encrypted chat system that now boasts more than 30 million users – is partnering with crypto custodian platform Anchorage to ensure Telegram’s new cryptocurrency, the gram, is added to its list of token offerings.Is Telegram Set to Conquer Libra?Anchorage is one of the 28 governing bodies in the Libra Association. The bad news is that recently, PayPal – which has been one of Libra’s primary supporters through David Marcus, a former PayPal exec and the head of Facebook’s...

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Insurance Technology Startup Next Insurance Bags $250M Hitting $1B Valuation

Insurance startup Next Insurance recently raised $250 Million in financing in its series C round of funding. The total amount was invested by European Reinsurance giant Munich Re. The Reinsurance group had in this round been the only participant in a move that saw it acquire around 27.5% in the single-niche insurance company. This now puts the Next Insurance’s valuation around the $1 Billion mark.The startup, which is known for offering insurance to small and medium scale digital enterprises...

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German Bank: Bitcoin Is Low, but It’ll Be Big in 2020

Bitcoin fell below $8,000 again yesterday, trading at roughly $7,800. It was an ugly sight to see, but as analysts are learning right about now, the present resistance level is still at around $8,100 given that the currency has jumped back up to this position within the last 24 hours.Bitcoin Is About to Get BiggerThe volatility that has been striking the coin over the past ten years – yes, it’s been vulnerable to price swings since it first emerged in the financial space – is far from over....

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Brave BitStarz Halloween Quest to Win a Trip to Transylvania and €50,000!

Are you ready to head on a Halloween Quest for everything that goes bump in the night?BitStarz is pleased to announce the launch of its latest adventure, hold on to your hats, as Halloween Quest has arrived. Players can battle it out through the haunted forest, with the first player to reach Level 40 winning a spook-tacular trip for two to Transylvania.Aside from winning a trip to the home of Count Dracula himself, players will also be able to win €50,000 in individual prize pools and epic...

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Ripple Price Analysis: XRP Breaks Crucial Resistance Against Bitcoin, Is $0.30 Next?

XRP saw an increase of around 8% over the past 24 hours, bringing its price up to $0.2764. This latest spike is largely attributed to XRP being able to smash above the 3112 SAT resistance level against BTC. Despite this hike, the cryptocurrency is still down 30% over the previous 3 months as it makes its way back toward the $0.30 level.XRP remains the third-largest cryptocurrency with a market cap of $11.92 billion.Looking at the XRP/USD 1-Day Chart:Since our previous XRP/USD analysis, the...

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John McAfee Launching McAfeeDEX, No-Restrictions Decentralized Exchange

This summer, computer programmer, businessman, entrepreneur and the US presidential candidate John McAfee revealed his idea to launch a digital currency access point that would merge both manual and bot trading over eight exchanges on one interface.Dubbed McAfee Magic, this new project connects people to more than 500 digital currencies and has assembled 11,743 users at the time of the writing.Last week, on Friday, McAfee announced the whole launching of the exchange that has gor the name...

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Crypto Security: What Is Cryptojacking? How to Prevent and Defend Against It?

Cryptojacking is the term used for an attacker gaining unauthorized access to your computer for mining (or minting) cryptocurrencies. The attack poses a critical threat since it utilizes your system resources, thus diminishing them for you. That means you may wonder if a program crashed or hung when the actual culprit would be a malware mining cryptocurrencies on your machine.Though the malware usually mines cryptocurrencies quietly in the background, it may not always be the case. Maybe it...

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Lawsuit Claims Bitfinex and Tether Manipulated the ‘Largest Bubble in Human History’

In a typical class action, a plaintiff, per Wikipedia, sues a defendant or more of them on behalf of a group, or class, of absent parties. This differs from a traditional lawsuit, where one party sues another party for redress of a wrong, and all of the parties are present in court. We already reported of how Bitfinex and Tether are expecting another lawsuit for market manipulation.Now, a class-action lawsuit was filed on Monday against Bitfinex, Tether and other members in the United States...

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Cardano and Ethereum Might Finally Switch to PoS in 2020

2020 is looking to be a year of PoS blockchains. While Tim Ogilive, the founder and CEO of multi-blockchain staking service Staked argues that 2019 has already been a big year for PoS, we have a lot to expect from the upcoming year. First and foremost, Ethereum, the second-largest cryptocurrency by market capitalization, is expected to finally switch to PoS. They have been wanting the switch from 2014, when Vitalik Buterin said that he viewed PoS as a way for Ethereum to mature.“Ethereum 1.0...

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You Can Bet on whether or not Facebook’s Libra will Launch by 2020

Facebook’s forthcoming digital currency, the Libra, is probably the most uncertain project in the cryptocurrency industry at the moment. Ever since the company announced its plans to issue the asset, there has been significantly heavy backlash both from the public and also from the U.S. Congress, so much that the earlier proposed date for early next year is quite shaky, if not completely impossible. Now, a crypto futures exchange firm seems to be taken advantage of all the uncertainty of the...

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