Tag Archives: News

According to a new report, BNB – the official cryptocurrency of digital exchange Binance – is outperforming bitcoin as of late.BNB – The Industry’s Strongest Coin?Bitcoin has been on something of a weak roll over the past few months. Things ultimately took a nasty turn for the currency in late September when Bakkt – the institutional crypto trading platform owned and governed by the Intercontinental Exchange (ICE) – opened its doors to rather lackluster reception. Following 12 months of hype...

Several Chinese nationals have been arrested in Thailand and are under suspicion of being involved in an international cryptocurrency scam.Cryptocurrency Attracts More Crime in ThailandRoughly 24 people are now in police custody. All were allegedly part of an organization that targeted investors in China through a cold-calling scheme that persuaded them to purchase “bitcoin at inflated rates,” according to law enforcement officials. All were arrested in a rented office known as “Galaxy Place”...

Great news for the Ethereum community: the network’s Istanbul improvement has been successfully completed. Expected to increase the speed of the Ethereum network and its gas efficiency, the hard fork was activated at block number 9,069,000. #Ethereum's #Istanbul network upgrade is now live! Congratulations to everyone who worked to make it happen. Want to learn more? Check out details on Istanbul's included changes here: https://t.co/KIMLb0ujce — Ethereum (@ethereum) December 8, 2019...

After in September, Bakkt’s physically-backed Bitcoin futures platform finally started its work, a lot of crypto believers wondered what is next. Well, there is something. The U.S. Securities and Exchange Commission (SEC) recently approved a new investment fund that will invest in Bitcoin futures contracts. The registration statement filed by Stone Ridge Trust VI for the NYDIG Bitcoin Strategy Fund began with its work on Monday after the company, already in October filed Form N-2 with the...

A cryptocurrency exchange in Uganda is taking a lot of flak for potentially stealing users’ money.Uganda Is Home to a Crypto ScamThe exchange appears to have set up a phony job search in which several people within the country who may have been looking for jobs either in the cryptocurrency or digital tech fields were asked to apply. As part of the application process, they were required to donate more than 20,000 Uganda Shillings (worth approximately $5 in USD).The trouble is that the...

For everyone waiting with bated breath for bitcoin to suddenly rise from the ashes and experience a solid price bump, here’s a bit of good news.Bitcoin May Incur a Massive Spike Next YearOne source is reporting that bitcoin futures are doing extraordinarily well. So well, in fact, that their prices are expanding even while the primary asset is falling deeper into the $7,000 range. Yes, it has managed to expand by another $200 over the past few days, but for the most part, bitcoin is still...

Star of “Bachelor in Paradise” Chris Bukowski believes that the price of bitcoin is on the verge of rising.Bukowski Things the World of BitcoinAside from being a hit reality star, Bukowski is very big on crypto, and seems to think that the future of finance will largely be digital. The entrepreneur first got into digital assets in the year 2016, when he says bitcoin was trading for around $450. He had been working a few gigs here and there where people paid him in bitcoin.Not really knowing...

In Australia, law enforcement officials have uncovered $1 million in cryptocurrency thanks to an alleged drug bust.Australia; The Home of Crypto Crime?The drugs were hidden inside a child’s toy being sent to a region called Perth. The paraphernalia confiscated by the police included nearly 28 grams in illegal MDMA tablets along with MDMA powder. The package was allegedly sent from somewhere in the United Kingdom.Police officials examined the address the package was destined for. They then...

Recently, bitcoin incurred a near-$1,000 surge in its price. While this might traditionally cause people to get excited, some industry experts are suspicious of the circumstances surrounding the sudden (and short-lived) jump.Bitcoin Is Acting Strange, LatelyAt press time, bitcoin has settled down and dropped to $7,300. However, on December 4, the currency allegedly spiked all the way to $7,800, though this was only temporary. Among the few industry analysts to take issue with the surge was...

Lolli – a program that rewards users with cryptocurrency – has partnered with travel site Expedia as a means of pushing its crypto agenda.Lolli Allows Travelers to Earn BTC RewardsFrom here on out, all customers of Lolli who utilize Expedia to plan their next vacation are eligible to receive as much as five percent cash back in bitcoin and cryptocurrency funds. Talk about living large – plan your next big getaway to Switzerland or Malta, and you’ll earn BTC for doing so.Lolli CEO Alex Adelman...