It seems like Ponzi schemes and fraud are a recurring event in the cryptocurrency space, and one exchange in South Korea known as Coin Up is the latest venture to allegedly try its hand at stealing people’s crypto.Coin Up: A Wolf In Sheep’s ClothingThe CEO of Coin Up, as well as several additional executives who worked with the company, have been found guilty in a Korean court of defrauding users out of nearly $385 million in digital currency funds. All those tried have been given sentences...
Read More »Crypto Ratings sieht Cardano vor EOS
EOS gehört zu den aufregendsten Projekten des Cryptomarktes. Gelingt, was sich die Macher mit ihrem Projekt vorstellen, kreiert EOS ein eigenes Ökosystem, welches nicht nur den Cryptomarkt, sondern den gesamten Tech-Markt revolutionieren soll. Doch Weiss Crypto Ratings sieht das Konkurrenzprojekt Cardano derzeit vor EOS.Crypto News: Crypto Ratings sieht Cardano vor EOSCardano kann als Projekt mit Ethereum und eben EOS verglichen werden. Jedoch hat man bisher noch nicht den...
Read More »Overall Crypto Trend Sways Ether to Sideways Trading
Overall, the cryptocurrency market is pressured and this includes Ethereum as majority lost steam for the upside zone. The bullish momentum eased out as buyers look to supply zones to make another entry. The total market capitalization of crypto as of Monday had lost a total value of $ 6.8 billion. Most of the important coins currently remain at supply levels over the last 24 hours, while ETHUSD ended Wednesday at 187.49, gaining $ 0.40 (0.21%).As at the time of composing, Ethereum (ETH) is...
Read More »PayPal Axes Pornhub Performers Payments Model as Verge Stands to Gain
In one sudden and swift move payments giant PayPal has cut off the thousands of performers on adult behemoth Pornhub that depended on the payment service to receive their payments. The pornographic platform indicated this in a blog post in the help section on the website. They wrote:“We are all devastated by PayPal’s decision to stop payouts to over a hundred thousand performers who rely on them for their livelihoods.”This, of course, has fundamentally changed the way and manner in which the...
Read More »Ethereum Price Analysis: ETH Fails To Break $190 Yet Again, Bulls Running Out Of Steam?
Ethereum has been very stagnant this past week, moving only by a small 0.3%. The cryptocurrency now trades at a price of $189. Ethereum has been trapped within a short term consolidation pattern because of which it only increased by a small 4% over the past 30 days.Ethereum remains the second-largest cryptocurrency as it holds a market cap of $20.28 billion. Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis, the cryptocurrency couldn’t break above the resistance at the...
Read More »Poop Token: A Literal Sh*tcoin for San Francisco’s Homelessness Crisis
A blockchain developer has created an appropriately titled sh*tcoin to track poop sightings in San Francisco. Despite its more humorous nature, the project may have some real-world applications. The city’s homelessness crisis remains grim. If ever there was a sh*tcoin that lived up to its name, SF Poop Token would be it. Blockchain developer Hart Lambur has created the first-ever crypto solution to track human poop sightings in San Francisco. The SF Poop Token was conceived at the recent...
Read More »PayPal Drops Pornhub and the Crypto Community Rises to Fill the Gap
PayPal suspends services for Pornhub. Over a hundred thousand pornographic actors are now cut off. Cryptocurrencies could thrive as a censorship-resistant payment method. In a drastic move, PayPal suspended its services to the world’s largest free pornographic site, Pornhub. Although the reasoning behind it is unknown, this could be an opportunity to show the intrinsic value that cryptocurrencies have. Traditional Services Without Censorship Resistance PayPal’s decision to stop payouts to...
Read More »EOS Price Analysis: Another Decrease To $3.20 Likely
EOS price struggled to surpass the $3.660 and $3.680 resistance levels against the US Dollar.The price is currently declining and it is facing resistance near the $3.500 area.There was a break below a connecting bullish trend line with support near $3.480 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to correct lower below the $3.400 and $3.320 support levels.EOS price is currently correcting gains against the US Dollar, while bitcoin is declining....
Read More »Litecoin (LTC) Price Analysis: Risk of More Losses Below $60
Litecoin price failed to surpass the $65.00 resistance area and declined recently against the US Dollar.LTC price is currently trading well below the $62.50 and $62.00 support levels.There was a break below a major bullish trend line with support near $61.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains at a risk of more losses below the $58.80 and $57.50 support levels.Litecoin price is facing an increase in selling pressure against the US Dollar and...
Read More »Fair Prices for BTC Buys from Online Exchange Provider Switchere
The crypto market is oversaturated with propositions to buy crypto online, right here and right now. However, very few service providers can guarantee fair conditions and timely order delivery. But that is not the case with Switchere, a licensed and certified fiat-to-crypto exchange service provider. Switchere offers all platform user simple and transparent user workflow and it is worth mentioning that first crypto buys can be done with no signup or verification on the website. The whole...
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