Tag Archives: Cryptocurrency News

Now it what may be a breakthrough for the Ethereum blockchain a blockchain advisory and product development firm Akomba Labs has offered a solution that allows the creation of blocks on the Ethereum blockchain twice as fast as before. Sources indicate that Akomba Labs in collaboration with BloXroute ran “BloXroute’s” Blockchain Distribution Network” on a Singaporean-based Ethereum node between November 11th and November 27th. The results showed that the blockchain propagation time dropped...

The Bitcoin price movement over the last week has sent jitters among crypto investors. In the last seven days, the BTC price crashed to $6600 hitting its six-month low. But Bitcoin has bounced back quickly trying to consolidate above $7000 levels.In the last 24 hours, the Bitcoin price is on a northward trajectory surging nearly 10% above $7500 level. At press time, Bitcoin is trading at $7551 with a market cap of $136 billion. This much-needed relief rally has recently got investors’ hope...

Banking app Revolut has introduced a new feature that will allow many users to use the app just like any other bank account. The introduction of the direct debit feature for the UK pound has enabled users to be able to pay for goods and services with direct debit as it is becoming the norm for many businesses at the moment. Already Euro direct debit services were started last year. Many businesses prefer direct debits as card transaction fees and chargebacks are usually more problems than...

With the current expansion of and new entrants into the crypto space, ex-UBS employee Claude Waelchli has decided of a lifetime: to pitch his tent (and his life as well) with cryptocurrencies. After leading the Global team for the management of portfolios for ultra-high net worth individuals and institutions, Waelchi has decided to settle for nothing less than the best as he studied digital assets and to launch his own startup Tokenyz. The new cryptocurrency startup’s name is a play on the...

The recent Upbit hack crashed all the cryptos down and again reminded crypto investors how vulnerable this sector is. However, this was the last among seven majors hacks that happened this year. So, let’s mention some of them:CryptopiaAround January 15, New Zealand-based cryptocurrency exchange Cryptopia said there was $3.2 million in tokens stolen and the company went into the liquidation. However, on Jan. 20, it was reported that as much as $16 million worth of Ethereum (ETH) and ERC20...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 760. Heute sprechen wir über folgende Themen: Bitcoin Börse UpBit gehackt – 50 Mio. USD gestohlen, Studie zeigt Mängel im Lightning-Netzwerk auf & PlusToken Scam Bitcoin Abverkauf. 1.) Bitcoin Börse UpBit gehackt – 50 Mio. USD gestohlenhttps://cryptomonday.de/breaking-news-bitcoin-boerse-upbit-gehackt-50-mio-usd-gestohlen/ 2.) „Ökonomisch irrational“: Studie zeigt Mängel im Lightning-Netzwerk...

Crypto Twitter members breathed a collective sigh of relief today after some reassurance from the man himself. Square Crypto, whose Twitter account is seemingly manned by bitcoin bull Jack Dorsey, revealed that the Twitter account of the late Hal Finney isn’t going anywhere. It started with a tweet by bitcoin rewards app Lolli, which asked Dorsey and Twitter what would happen to the @halfin handle in light of the social media platform’s pursuit to shutter inactive accounts. Hal Finney was a...

Bitcoin options traders on a major bitcoin futures market are expecting the bitcoin price to keep cooling through June 2020.If their market consensus projections hold true, bitcoin’s price won’t be getting a boost from May 2020’s halving.On the bright side, bitcoin futures are pricing in a 4% probability of a new all time high price above $20,000 in June.Bitcoin futures traders are bundling up for a long crypto winter. According to Skew Analytics data, bitcoin futures markets project a less...

Bitcoin price touches intraday high of $7,668 Wednesday. Earlier in the day, BTC/USD bottomed at $6,847.72, a six-month low. Cryptocurrency markets recover north of $200 billion. Bitcoin’s price reclaimed the $7,500 handle on Wednesday after plunging to its lowest level in over six months. BTC/USD Stages Relief Rally Wednesday’s roller coaster session saw bitcoin’s price breach $6,900 for the first time in over six months. The largest cryptocurrency would eventually find...

Institutional investors are pouring into bitcoin. Trading volume across top U.S.-regulated BTC futures markets is skyrocketing. Retail investors are losing interest in the pioneer cryptocurrency. The massive downturn that the cryptocurrency market experienced over the last week sent retail investors into “extreme fear,” according to the Crypto Fear and Greed Index (CFGI). Even Mark Dow, a former U.S. Treasury and International Monetary Fund economist, boasted on Twitter that bitcoin was...