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Tag Archives: News

Tesla Will Begin Delivering Made in China Model 3 on January 7

Tesla will begin deliveries for the company’s first-ever Tesla Model 3 vehicles produced in China. According to a Reuters report, a Tesla representative confirmed that the company will begin on Tuesday the 7th of January. Deliveries will happen during an event that will take place at the Tesla factory in Shanghai.For a while now, the company has been making specific efforts to bite a bigger share of the global auto market. Apart from this, Tesla’s move is a direct way to fend off the effects...

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11 Years to the Completion of Bitcoin Network’s Genesis Block, BTC Price Surges 2%

Today January 3, 2020, marks the completion of 11 years since Bitcoin founder Satoshi Nakamoto created the Genesis Block on the Bitcoin network. Also called ‘Block 0’, the Genesis Block was the first-ever block available on the Bitcoin blockchain.Six days later on January 9, 2009, Satoshi Nakamoto released the first Bitcoin software client. Thus, the crypto community often celebrates January 9 as the birthday of Bitcoin when Block 1 was mined.Although the usual block time on the Bitcoin...

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Telegram Founders Refuse to Report to SEC on How They Spent $1.7B Raised in ICO

On Thursday, TON founders received an order to open their TON ICO documents to the investigators. The order came via a court filing by the U.S. regulator. Per the document:“Plaintiff respectfully moves to compel Defendants to answer questions and provide documents regarding the amounts, sources, and use of funds raised from investors in connection with the unregistered sale of securities at issue in this case.The requested bank records are highly relevant to the issues in dispute in this...

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Bitcoin Cash Analysis: BCH Sighting Crucial Break Above $215

Bitcoin cash price is trading above the key $192 support area against the US Dollar.The price is showing positive signs above the $200 pivot level.There is a major bullish trend line forming with support near $196 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to surge if it clears the $210 and $215 resistance levels in the near term.Bitcoin cash price is facing a strong resistance near $215 against the US Dollar. BCH/USD could continue to climb unless...

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MetaMask is Back on the Google Play Store as the Tech Giant Lifts Ban

Popular Ethereum browser extension and wallet service MetaMask is back on the Google Play Store after going through a weeklong ban. On January 1, 2020, MetaMask shared this good news on Twitter by thanking the entire community.MetaMask is a very popular Google Chrome browser extension that hosts a built-in crypto wallet running Ethereum-based decentralized applications (DApps). Moreover, its unique feature is that it allows Ethereum DApps to run without requiring a full Ethereum node.MetaMask...

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Ripple Is Looking to Boost Its Presence in Brazil

Ripple, the third-largest cryptocurrency by market cap, has announced that it will spend most of 2020 trying to build new partnerships with banks in Brazil and South America.Ripple Wants to Build Itself Up in South AmericaThe main goal is to make remittance payment capabilities stronger within the nation’s borders. Ripple began building up its presence in Brazil in mid-2019 and has already established relationships with several leading financial institutions including Bradesco, Santander and...

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Are ICOs Making An Unofficial Comeback in China?

Initial coin offerings (ICOs) may be coming back to China, but this isn’t necessarily a good thing.ICOs Are Making an Unwarranted ComebackChina has issued a statement saying there’s been a “resurgence” of bitcoin, crypto and blockchain-related activities within the nation’s borders. One thing that’s allegedly been happening, according to sources, is that ICOs are making a slow but triumphant return to the country, but this isn’t warranted or promoted by regulators. They just seem to be...

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The Tale of Crypto Exchange Wex and Its Creator Alexei Bilyuchenko Just Got Weirder

Alexei Bilyuchenko – a computer programmer who was allegedly involved in the fall of the ill-fated cryptocurrency exchange Wex in 2018 – says he was tricked into handing over all the exchange’s assets and tokens to fraudsters, which set off the platform’s inherent collapse.Bilyuchenko Comes Forward with a Strange StoryAt the time of writing, it is believed that the exchange lost as much as half-a-billion in assorted crypto funds.Bilyuchenko shares ties with Alexander Vinnik, the reported...

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Here’s How Ex-Professional Poker Player Lost $500k in Crypto and Realized Meaning of Life

Alex Copenhagen decided to come back to his YT channel dedicated to crypto and bring a new life to it. He will be posting new videos about business, self-development, lifehacks, interviews with entrepreneurs and more. He said that losing $500,000 in 2019 taught him important life lessons.Alex is sharing his story in a short video, sending out the hope that his data will be valuable for lots of crypto-related folks. Copenhagen got into cryptocurrency space in around 2013 when Bitcoin was worth...

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Scalability, Hard Fork, General Crypto Bias Lay Constraint on Ether

Ethereum, the decentralized computing platform behind the token, has been trying to extend its network for years with a series of upgrades that may eventually transform its Proof-of-work protocol into a staking network. The improvements took longer than expected, and some analysts doubt that this difficult technical achievement can be achieved. Besides, several new entrants to the sector have put pressure on Ethereum as an increasing number of developers are moving towards newer options.The...

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