The list of famous individuals used in cryptocurrency-related scams grows with the Duke and Duchess of Sussex – Harry and Meghan. Scammers used their well-known names to dupe victims into investing in a suspicious auto-trading program called Bitcoin Evolution.Fraudulent Ads With Harry And MeghanAfter Bill Gates, Warren Buffett, and Richard Branson, now Harry and Meghan are the next famous people having their names used in cryptocurrency scams. According to a report, ads containing seemingly...
Read More »Crypto Friendly Regulations Make Gibraltar a Leading Space for Blockchain Companies, Minister Says
Gibraltar is amongst the leaders in terms of blockchain adoption due to its openness to innovation and creativity, said the nation’s minister for digital and financial services. By developing a regulatory regime fit for blockchain-based companies and customer protection at the same time, the country has attracted over a dozen such businesses.Gibraltar’s Nine Principles For Blockchain RegulationAlbert Isola, Gibraltar’s minister for digital and financial services, recently spoke regarding the...
Read More »Reddit Launches Community Points As Tokens On The Ethereum Blockchain
The popular social media platform, Reddit, is launching Community Points as tokens built on the Ethereum blockchain. Users can earn them every month by commenting or posting new threats. They will be able to spend the Points on various services, such as purchasing memberships and voting on weighted polls.Reddit Tokens On Ethereum NetworkAccording to a recent blog post, Reddit is introducing a new feature – Community Points. They are built and stored as standard ERC-20 tokens on the Ethereum...
Read More »After Recording A 3-Week High, Bitcoin Loses $700: The Crypto Weekly Update
Bitcoin’s price went on a rollercoaster during the past week. After surging to its three weeks high at slightly above $7,400, the cryptocurrency saw a sharp decline upwards of 5% over the past 24 hours. This got it to where it currently trades at around $6,880.During the last week, altcoins managed to hold their grounds as Bitcoin’s dominance decreased by about 1%. It’s also worth noting that two of the top 10 cryptocurrencies, Bitcoin Cash and Bitcoin SV, saw their halvings take place on...
Read More »Popular UK Company Pays $2.3M in Bitcoin To Ransomware Hackers
Ransomware attacks are certainly not something new, but it appears that hackers are getting more and more challenging to deal with. In fact, a well-known UK-based company paid millions in BTC in an attempt to protect its information after suffering an attack of the kind.$2.3M In Bitcoin Paid For RansomTravelex, a London-based company, has reportedly paid nearly $2.3M in Bitcoin to hackers this January. According to The Wall Street Journal, the UK firm has suffered a network malware...
Read More »Solana (SOL) Price Soars More Than 300% Following Binance Listing And Other Major Announcements
Traders of SOL, the native cryptocurrency of the Solana blockchain platform, must be in a great mood as the price of the coin has surged by more than 300% in the last 24 hours. The reason for this is the recent listing on the Binance exchange. Solana (SOL) Listed on BinanceBeing listed for trading on the world’s largest crypto exchange is a milestone for blockchain many projects, including Solana. Binance first announced on Tuesday that it would list Solana (SOL) on its trading platform with...
Read More »The Number Of Bitcoin Whales Holding Over 1,000 BTC Is At 2-Year High Right Before The Halving
With the third Bitcoin Halving just around the corner, the number of BTC whales is on the rise again, similar to what happened before the previous one in 2016. Individuals and entities owning at least 1,000 of the primary cryptocurrency are currently at a 2-year high.BTC Whales Accumulate Before The Halving?The Bitcoin Halving is one of the most anticipated events in the cryptocurrency community this year. It will slash the block rewards for miners to 6.25 BTC per block. It’s scheduled to...
Read More »The First Bitcoin Fund Had Just Been Listed On Major Stock Exchange: 3iQ Corp Has Launched On Toronto Stock Exchange
Canada-based 3iQ Corp has launched a Bitcoin Fund on the Toronto Stock Exchange (TSX). It’s the first public cryptocurrency fund listed on a significant global stock exchange. The Class A units, having a total asset value of approximately $14 million, began trading today under the symbol QBTC.U.The Bitcoin Fund Is HereOn April 2nd, the digital asset fund management company, 3iQ, informed that The Bitcoin Fund had filed with the securities regulatory authorities in all Canadian provinces. It...
Read More »Fold Joins Visa Program to Launch Bitcoin (BTC) Rewards Cards
Slowly but surely, the cryptocurrency industry is heading towards the mainstream adoption it deserves with a new milestone announced today.Fold Launches BTC Cashback CardFold, a bitcoin-friendly shopping app has become the first crypto startup to join Visa Fast Track Program and will now launch a Visa co-branded debit card that rewards users with Bitcoin for purchases made with the US dollar. According to the announcement Thursday, users can earn up to 10% Bitcoin cashback for every dollar...
Read More »Gold Price Now 1% Away From 8-Year High: $2,000 Is Next According To VanEck PM
Gold, one of the commodities largely used as a hedge against the volatility of traditional equities and financial markets, is trading at a price just 1% below its 8-years high. According to a portfolio manager at VanEck, however, the price is headed to at least $2,000.Gold Price At 1% Below 8-Years HighGold has traditionally been regarded as one of the safest assets to invest in as its price keeps on growing over the long term.At the time of this writing, gold trades at around $1,680 per...
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