After years of so much speculation, the Diablo 4 video game has been announced by Blizzard Entertainment. And yes, it happened after so much speculation on whether it would ever be created. As it was expected, this was made open at the Blizzcon 2019 where the Diablo 4 was unveiled as a sequel to the Diablo 3. It comes packed with all the fun and adventure that gamers are meant to experience.In a cinematic trailer, we see the return of Lilith the daughter of Mephisto who is the Lord of Hatred....
Read More »The Fed Developing a National Cryptocurrency? The Good and the Bad
A question is ringing through the minds of both the general public and regulators: Should the Fed develop a national cryptocurrency?What Could the Fed Do to Improve Things?We’ve discussed China’s plans to develop a state-issued cryptocurrency – likely a digital yuan – as a means of stabilizing its economy, monitoring people’s transaction histories and competing with the likes of Facebook’s Libra. Recently, Live Bitcoin News covered a new law passed in China that permits the digital yuan to...
Read More »Social Media Influencer Behind Bars for Crypto Scam
When are people going to realize that cryptocurrency scams are never a good idea? You’re always going to get caught. This is a lesson that’s hitting Instagram influencer Aziz ‘Com’ Mizra rather hard at press time.Mizra Is Spending Time in JailA one-time Canadian resident now living in the United Arab Emirates, Mizra has been arrested in Dubai by law enforcement officials under charges that he potentially defrauded investors through several cryptocurrency and real-estate schemes that saw...
Read More »Twitter CEO Dorsey Getting Coin List Off the Ground
Twitter and Square CEO Jack Dorsey is back in the news thanks to his support of a new cryptocurrency startup.Dorsey: Becoming the Face of Crypto?That startup is known as Coin List, and Dorsey recently took part in a $10 million funding round to help the venture begin its operations. The company is designed to help other crypto businesses garner funds through token sales. Executives say they are looking to utilize the funds for several purposes, including building Coin List Trade, a new crypto...
Read More »Bitcoin Futures Market Is Changing Cryptocurrency Landscape
In the last few months, Bitcoin futures trading is on the rise, beating up to 50% of the total spot market on 13 well-known exchanges. The futures market helps to keep the price less volatile, and it increases liquidity via the attraction of new investors. Wise actors always made predictions that cryptocurrencies would co-exist with the current banking and stock markets. They are not doing any substantial harm to banks and classic exchanges. Instead, cryptocurrencies add fungibility and...
Read More »Google Set to Buy Smartwatch Maker Fitbit for $2.1 Billion
About a week ago, rumors regarding Google’s parent Alphabet’s decision to acquire American wearable maker Fitbit, surfaced online. Now, Google has officially confirmed that it will buy the Fitbit company in a new deal worth $2.1 billion. This move from Google can be said to be one in the direction of the tech giant’s desire to hold a larger stake in the wearables business, an area mostly dominated by a rival company Apple.An official statement from Google’s Senior Vice President for Devices...
Read More »Samsung Adds Elrond Token to its Blockchain Wallet
Photo: SamsungSamsung has announced that it is expanding the range of coins available in its blockchain wallet. It has added new token Elrond (ERD) to ensure secure and faster payments using this crypto.Samsung Galaxy S10 device is able to automatically generate a blockchain wallet for users, allowing them to store and use numerous cryptocurrencies (earlier their number was 33). This wallet is created to allow users to make transactions in cryptos and easily access DApps from their...
Read More »China Launches 5G Network Offerings ahead of 2020 Proposed Date
Officially, China has now joined the list of countries that have fully launched 5G services to consumers. On Friday, Chinese mobile operators made 5G available in many parts, as the country continues several efforts to lead the world regarding tech offerings.China Mobile, China Unicom and China Telecom have now announced several 5G options for all of their individual customers, probably as a way to catch up with other countries that have already done the same this year including the U.S., the...
Read More »Japanese Fintech Startup Paidy Raises $143M from Investors Including PayPal Ventures
Japanese consumer instant credit provider Paidy has announced that it raised $143 million in investment capital from institutional investors. The new financing round includes $83 million series C financing extension and debt financing of $60 million. The series C funding included participants such as PayPal Ventures, the Famed Soros Capital Ventures, JS Capital Management and Tybourne Capital Management and an unnamed investor.The financial institutions that initiated the debt financing...
Read More »Deribit to Compensate Users for Its Error Resulting in Bitcoin Price Crash
Photo: DeribitOn Thursday, October 31, Bitcoin witnessed a major flash crash to $9000 levels on two exchanges – Coinbase Pro and Deribit. On Thursday, at 19:55 UTC, BTC spot price crashed from $9260 to $9055 in a short span of time.Just within an hour later, futures and options exchange, Deribit saw BTC futures dropping from $9150 to $7720. However, in just a few minutes BTC price bounced back to $9000. However, this rapid price fluctuation in BTC caught traders’ attention as multiple orders...
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