Tag Archives: News

Documentation stemming from the Securities and Exchange Commission (SEC) suggests that Zap – a company that has partnered with credit card company Visa – has garnered more than $3 million to establish further bitcoin payment protocols.Zap Is Rolling in DoughThe funding round occurred in April of this year and was led by Green Oaks Capital and Morgan Creek. Zap is currently building a new platform atop the Lightning Network that could potentially make it much easier for users to pay for goods...

Another massive bitcoin hack is in the books, though this one is a bit different in that it involves Twitter, one of the largest social media platforms across the globe.High-Profile Twitter Accounts OvertakenTo be fair, Twitter has been utilized to garner illicit bitcoin funds before from unsuspecting victims. Elon Musk – who was one of the more prominent figures at the center of this event – can vouch for that, though never has such an attack as the one that occurred 48 hours ago been...

Bitcoin cash price failed to clear the $245 resistance and declined steadily against the US Dollar.The price broke the $228 support zone, which may now act as a resistance.There is a major bearish trend line forming with resistance near $228 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could extend its decline below $220 unless it recovers above $228 and $230.Bitcoin cash price is back in a bearish zone below $230 against the US Dollar. BCH/USD remains at a risk...

Does bitcoin and crypto have a prominent place in the Middle East? Just ask Ghass Mo, a freelancer who now calls Kurdistan, Iraq home after leaving his native Syria due to the ongoing civil war.Ghass Mo Suggests a Growing Crypto Presence in the Middle EastMo has been working as a bitcoin freelancer for the past two years. He does not earn any standard fiat for his work, but is instead paid in BTC, which he then uses to support his family back home. Describing what he does, he explained:I get...

Amiti Uttarwar is looking to pave the way for more women to get involved in the crypto space.Uttarwar Reminisces on How Her Career Came to BeOne of the biggest arguments going against the bitcoin and blockchain market is that it is predominately inhabited by men, but Uttarwar, in her role as a bitcoin core developer, is trying to help the industry she’s come to love so much branch out a little.The daughter of Indian immigrants, Uttarwar says her parents struggled to make it to America, with...

Recently, Live Bitcoin News reported that Chainlink (LINK) was among the coins doing the best as of late. The currency is up more than 1,000 percent over the past 12 months and is setting all kinds of records.Chainlink Is a Serious FighterNow, Chainlink is being dragged into a battle involving social media, which for the most part, has been a controversial topic since it first came about. One of the most controversial subjects to emerge from the social media space in recent years involves...

EOS price started a downside correction from the $2.726 high against the US Dollar.The price is now trading well below the $2.600 level and the 55 simple moving average (4-hours).There is a crucial declining channel forming with resistance near $2.580 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could start a fresh increase above $2.600 as long as it is above the $2.450 support zone.EOS price is following a declining pattern below $2.600 against the US Dollar,...

Litecoin price is struggling to stay above the $42.60 support zone against the US Dollar.LTC price is now trading well below the $44.00 level and the 55 simple moving average (4-hours).There is a crucial bullish trend line forming with support near $43.05 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could either start a fresh increase above $44.00 or it might dive below the $42.60 support.Litecoin price is showing a few bearish signs below $44.00 against the US...

The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have charged both Abra and Plutus Technologies for swapping securities and selling unregistered shares to retail customers. Both companies have agreed to settle the charges and pay fees of more than $150,000 each to clear their names.Abra Agrees to SettleIn a statement, Daniel Michael – chief of the SEC Enforcement Division’s Complex Financial Instruments Unit – explained:Businesses cannot ignore...

The town of El Zonte in El Salvador is one of the first to resort entirely to bitcoin to keep its economy and infrastructure stable.El Zonte: A Town of Bitcoin EnthusiastsThe digital funds came by way of an anonymous donor who ultimately discovered some lost bitcoin he had purchases several years ago. Following several attempts to remember his password, the donor ultimately gained access to the wallet and partnered with a San Diego native named Michael Peterson to shell out annual, six-figure...