Tag Archives: News

Here’s an interesting “reversal of attitude.” The state of New York – which up to this point, has been relatively anti-crypto – is suddenly announcing plans to launch its own cryptocurrency payment system in the coming years.Does New York Suddenly Love Crypto?This is strange given that New York has widely been criticized for stifling cryptocurrency and blockchain innovation within its borders. The state issued the dreaded BitLicense approximately five years ago.Many saw this document as a...

Elon Musk – the head honcho behind SpaceX and Tesla – got under crypto enthusiasts’ skin this week when he submitted a very strange tweet about bitcoin.Elon Musk Is Up to His Old TricksThe world’s number one cryptocurrency has a very bad habit of attracting unwanted attention and controversy wherever it goes. While many are in favor of the digital asset, others see it as something to utilize in malicious actions or as a means of stirring the wrong kinds of feelings within the industry.It is...

PayPal admitted that someone discovered a possible severe security breach that could lead to the exposure of user passwords to a hacker. Alex Birsan, who discovered the breach, earned a bug bounty worth $15,300 for reporting the problem. The vulnerability itself was disclosed on January 8 and has since been repaired.In his public disclosure, Birsan wrote that this “is the story of a high-severity bug affecting what is probably one of PayPal’s most visited pages,” referring to the login...

Brooklyn Nets guard Spencer Dinwiddie is said to finally be issuing shares tied to his contract beginning January 13 through his DREAM platform. Just to remind y’all, in September last year NBA blocked this idea. The organization then claimed that Dinwiddie’s plan to bond one part of his contract earnings for a security token offering is against the league’s collective bargaining agreement.NBA wrote:“The described arrangement is prohibited by the C.B.A., which provides that ‘no player shall...

Bitcasino was established in 2014 as part of the  Coingaming Group. Since that moment it has been growing and developing. And now this high-quality casino platform offers over 2,000 games, including various options for players: from slots and table games to live dealer casinos.  The platform itself was created by the most talented software engineers and designers and now it can provide a really unique user experience in crypto gaming.Bitcasino is a reliable casino and gaming service. The...

An estimated 10,000 people from around the globe with interest in decentralized finance (DeFi), blockchain and other tech related services will converge on January 15, 2020, rubbing shoulders with seasoned professionals and experts in the field during the Hong Kong Chain2020 event.Chain2020 is a series of educational events seeking to spearhead the promotion of blockchain technology in Asian regions. The event is organized as a key driver in creating a floodgate for security-related...

As we all know, bitcoin has spent the last few days gaining steam and jumping into higher ranges. While we’ve been quick to assume it has something to do with the political unrest due to tension between the U.S. and Iran, another source is claiming something different.The Bitcoin Hash Rate May Have Something To Do with ThisBitcoin first began jumping upward on January 3 following a U.S. drone strike on Iran that killed off one of the latter country’s top generals. From there, bitcoin – which...

Another bitcoin price prediction is in the books. This time, the words come from Sonny Singh, an executive with Bit Pay.Singh Predicts Big Things for BTC This YearIn a recent interview, Singh explained that he thinks 2020 will be the year in which bitcoin strikes $20,000 territory again. Thus, crypto enthusiasts will see three 20s this year; $20,000 in 2020. One wonders if this is meant to be funny…On the one hand, it’s good news. Bitcoin – which recently fell back into the $7,000 range...

Eric Young and Adam Kurtz suddenly revoked their lawsuit against the Bitfinex exchange and Tether founders. The two previously claimed market manipulation and fraud.The plaintiffs said they are crypto traders who suspect that Bitfinex and Tether fed the market with fake data about their volumes, operations, and deals. However, on January 7 both filed a document saying they demand voluntary dismissal for their claims:“The Court having considered the Notice of Voluntary Dismissal Without...

What did we tell you all? Political unrest has a lot to do with bitcoin’s sudden rise to power. Now that relations between the United States and Iran are easing up a bit, it appears bitcoin has quickly descended back into the $7,000 range.Bitcoin Is Falling Back DownAt the time of writing, the world’s number one cryptocurrency by market cap is trading for just over $7,800. While this is not a massive difference from yesterday’s $8,000, it’s still a punch in the gut. Many enthusiasts thought...