Latest News

Source : Bit Coin News
1 days ago

Bank of England Governor Worried About Bitcoin Being Legal Tender in El Salvador

Bank of England Governor Worried About Bitcoin Being Legal Tender in El SalvadorThe governor of the Bank of England, the country’s central bank, has voiced concerns about El Salvador choosing bitcoin as a national currency. Citing a recent warning by the International Monetary Fund (IMF) against bitcoin’s use as legal tender, the governor said: “What would worry me most of all is, do the citizens of El […]
Source : Bit Coin News
1 days ago

Rich Dad Poor Dad’s Robert Kiyosaki Says He’s Buying Bitcoin and Ether as Inflation Escalates

Rich Dad Poor Dad's Robert Kiyosaki Says He's Buying More Bitcoin and Ether as Inflation EscalatesThe author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has revealed that he is buying more bitcoin and ether amid rising inflation concerns. “Inflation is a tax on the poor and middle class. Inflation makes the rich richer,” he stressed. Robert Kiyosaki Warns About Inflation, Reveals He’s Buying More Bitcoin and Ether […]
Source : Bit Coin News
1 days ago

Thailand Plans to Become ‘Crypto-Positive Society’ — Governor Says ‘Crypto Is the Future’

Thailand Lays Groundwork to Become 'Crypto-Positive Society' to Massively Attract Crypto HoldersThailand is laying the groundwork to become a “crypto-positive society” with the aim to attract crypto holders and boost its tourism industry. The country hopes to gain back some of the $80 billion in lost tourism revenue due to the Covid-19 pandemic and subsequent shutdown. Thailand Plans to Attract Crypto Holders The Tourism Authority of […]
Source : Bit Coin News
1 days ago

Ethereum L2 Scene Heats Up With Boba Network Taking Second Spot in TVL

Ethereum L2 Scene Heats Up With Boba Network Taking Second Spot in TVLBoba Network, a recently released L2 layer for Ethereum, has quickly jumped to second place in TVL (total value locked) among all expansion layers. Boba, which is a fork of Optimism, another L2 layer based on rollups, reached more than $1 billion in TVL, surpassing Optimism. This is likely due to the profitable percentages offered […]
Source : Bit Coin News
1 days ago

Ethereum Devs Assess Reducing Data Transfer Cost 5x, EIP-4488 Becomes Possible Solution

The second leading crypto asset ethereum has been dealing with high fees since the end of June and today the average ethereum transaction fee is between $5 and $34 per transfer. While there’s been a lot of complaints about ether gas costs this year, Ethereum founder Vitalik Buterin has recommended an Ethereum Improvement Proposal (EIP) […]
Source : Bit Coin News
1 days ago

Report Shows Ethereum, Litecoin, Solana ETPs Outperformed Bitcoin Investment Products in November

Report Shows Ethereum, Litecoin, Solana ETPs Outperformed Bitcoin Investment Products in NovemberCryptocompare, the firm that provides institutional and retail investors with real-time and historical cryptocurrency data, has published the firm’s November 2021 Digital Asset Management Review. The report covers crypto exchange-traded products (ETPs), and recent findings show alternative crypto asset investment products are outperforming Bitcoin ETPs. Ethereum-Based Investment Product Trade Volumes Increase Every month […]
Source : Bit Coin News
1 days ago

Crypto Stamp Crashes Swiss Post’s Online Store With Launch Day Demand

Crypto Stamp Crashes Swiss Post’s Online Store With Launch Day DemandUnexpectedly high demand for Switzerland’s first crypto stamp has created headaches for the national postal service. Swiss Post announced it had to deal with technical issues when numerous orders hit its online shop all at once on the day the innovative offering was made available. Demand for First Crypto Stamp Overwhelms Swiss Post’s Online […]
Source : Bit Coin News
1 days ago

Ghana’s Minority Lawmakers Reject Government Proposal to Tax Mobile Money Transactions

The Ghanaian government’s proposal to introduce a 1.75% levy on digital transactions was recently rejected by a minority of lawmakers who insist the new tax derails efforts to help increase the number of adults that are financially included. The Digital Transactions Tax A minority of lawmakers in the Ghana legislature recently rejected a government […]
Source : Bit Coin News
1 days ago

More Regulations Proposed to ‘Streamline’ Mining Sector in Kazakhstan

More Regulations Proposed to ‘Streamline’ Mining Sector in KazakhstanAuthorities need to expand the regulatory framework for cryptocurrency miners, a member of the parliament in Kazakhstan has suggested. The additional rules should streamline their activities and help correct the forming public opinion that they are responsible for the country’s electricity deficit. Crypto Mining in Kazakhstan Needs Additional Regulations, Lawmaker Says New regulatory […]
Source : Bit Coin News
1 days ago

Annual Volume of Crypto Transactions Made by Russians Reaches $5 Billion, Bank of Russia Finds

Annual Volume of Crypto Transactions Made by Russians Reaches $5 Billion, Bank of Russia FindsWith the growing capitalization of the crypto economy, Russians have been making crypto transactions worth billions of dollars a year, data gathered by the Central Bank of Russia shows. Russian residents are some of the most active participants in the crypto market, the regulator has acknowledged. Russians Among Most Active Crypto Users, Central Bank […]
Source : News Btc
1 days ago

TA: Bitcoin Attempts Recovery, Why BTC Could Revisit $60K

Bitcoin started a fresh increase above $57,000 against the US Dollar. BTC could extend recovery and it might revisit the $60,000 resistance in the near term. Bitcoin started a fresh increase above the $57,000 and $57,500 levels. The price is now trading above $57,000 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $54,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must clear the $60,000 resistance to continue higher in the near term. Bitcoin Price is Back above 100 SMA Bitcoin price found support near the $53,500 level and started a fresh increase. BTC broke the $55,000 resistance zone to start a decent recovery wave. There was a break above a key bearish trend line with resistance near $54,800 on the hourly chart of the BTC/USD pair. Besides, the pair surpassed the 50% Fib retracement level of the downward move from the $59,376 swing high to $53,576 swing low. It is now trading above $57,000 and the 100 hourly simple moving average. An immediate resistance on the upside is near the $58,000 level. It is near the 76.4% Fib retracement level of the downward move from the $59,376 swing high to $53,576 swing low. The next key resistance is near the $58,500 level. A close above the $58,000 and $58,500 levels may possibly push the price towards $60,000. If there is a close above the $60,000 level, the price could accelerate higher. Source: BTCUSD on TradingView.com The next major resistance sits near the $61,200 level. Any more gains could lead the price towards the $62,000 level in the near term. Fresh Decline In BTC? If bitcoin fails to clear the $58,000 resistance zone, it could start a fresh decline. An immediate support on the downside is near the $57,200 level. The first major support is now forming near the $56,500 level. The next major support is near the $56,000 level and the 100 hourly SMA, below which the price could resume its decline towards the $55,000 support. Any more losses may possibly push the price towards $53,500. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is currently in the overbought zone. Major Support Levels – $57,000, followed by $56,500. Major Resistance Levels – $58,000, $58,500 and $60,000.
Source : News Btc
1 days ago

Hackers Are Now Using Compromised Cloud Accounts To Mine Crypto

Attackers are exploiting poorly configured cloud accounts to mine crypto, Google warned users in a recent report. Cryptocurrency mining is a computationally intensive activity. And Google Cloud customers can access it at a cost. However, miners are now hacking Google Cloud accounts for mining purposes. In the report titled “Threat Horizons,” Google’s cybersecurity team assessed various threats to Cloud users, providing details of the breaches. Related Reading | Data Shows Crypto Hacks And Fraud In 2021 Are On Track For A New Record The report also provided cybersecurity threat intelligence to cloud users. The aim is to enable them “better configure their environments and defenses in manners most specific to their needs.” Crypto Miners Hacking Google Accounts In the report, the cybersecurity team analyzed 50 recently compromised Google Cloud accounts. And out of those, 86% were related to crypto mining. “Malicious actors were observed performing cryptocurrency mining within compromised Cloud instances,” Google wrote. Related Reading | Ethereum Miner Revenue Outpaces Bitcoin In 2021 The report also stated that in the majority of these incidents, the hackers downloaded crypto mining software to the compromised accounts within 22 seconds. The attacks were scripted, and it would have been impossible to manually stop them. Additionally, in 10% of these incidents, the hackers scanned other publicly available resources on the Internet to identify vulnerable systems. While in 8% of the instances, they attacked other targets. However, as reported by the cybersecurity team, the crypto mining hacks were not the only attacks. “The cloud threat landscape in 2021 was more complex than just rogue cryptocurrency miners, of course,” wrote Bob Mechler, Google Cloud Director of the office of the Chief Information Security Officer, and Seth Rosenblatt, Google Cloud Security Editor, in a blog post. Other Threats To Google Cloud Users Another threat the team identified was a phishing attack by the Russian group called APT28, or Fancy Bear. The attackers targeted 12,000 Gmail accounts in a mass phishing attempt. They attempted to trick users into handing over their login details. Google, however, said it had blocked all the phishing emails, and no user was compromised. The report also pointed out an attack by a North Korean government-backed group. This hacker group posed as Samsung recruiters, sending fake job opportunities to employees at South Korean information security companies. They attached a malicious link to malware stored in Google Drive. Google said it also blocked it. Another threat to cloud users is ransomware attacks, whereby hackers encrypt users’ data until they pay. In the report, Google mentions the formidable Black Matter ransomware group. And although the group announced that it was shutting down earlier this month, Google is still cautious. “Google has received reports that the Black Matter ransomware group has announced it will shut down operations given outside pressure. Until this is confirmed, Black Matter still poses a risk.” Total crypto market at $2.4 Trillion | Source: Crypto Total Market Cap from TradingView.com Google attributes some of these attacks to users’ poor security practices. And also vulnerabilities in third-party software that the users install. The report also recommends a few ways to prevent these attacks. One of which is enabling two-factor authentication. Featured image by Dreamstime, Chart from TradingView.com
Source : News Btc
1 days ago

3 Play-to-Earn Crypto Games Users Can’t Afford To Miss

In 2021, the gaming industry have earned approximately $175 billion. As blockchain technology has become more prevalent in games, gamers are now enjoying the rewards of their efforts, with some earning up to $2,000 USD per hour on crypto games like Axie Infinity. As their popularity grew, so did their token prices. The Sandbox captivated both retail and institutional investors when its coin soared over 800% in a month. Recent studies predict that gaming, particularly the play-to-earn model (P2E), will grow by over 20% by 2022, with blockchain and crypto being the most suited technology and in-game money to support the business. While AXE and SAND are grabbing investor interest, here is a list of top and emerging blockchain gaming projects to keep an eye on! JEDSTAR (JED) After a recent increase of almost 100,000 percent in the previous 90 days, the newest entrant to the blockchain gaming arena is storming through the crypto world and playing with the big players. While $JED is a DeFi token in JEDSTAR DECO (Decentralized Ecosystem), the company will soon introduce its GameFi token $KRED. The company has over 100 games in development that will use $KRED as an in-game currency and has partnered with other gaming developers and studios to provide their cryptocurrency as a service. Not only will this ambitious initiative produce in-house games and an NFT marketplace, but it will also form strategic blockchain and non-blockchain alliances. Decentraland (MANA) This is another Ethereum-based cryptocurrency. Like the game Second Life, players are encouraged to create 3D in-game products to sell. The Decentraland cryptocurrency MANA is used to sell digital LAND, and it may also be used to trade 3D items. The game is up and running and shows the possibilities of crypto gaming. Partnerships with Atari (ATRI) and Decentral Games (DG) might bring an in-world casino to Decentraland. If you desire, you may play the game now! https://decentraland.org/ GALA Games (GALA) Eric Schiermeyer, co-founder of mobile gaming startup Zyn, also the maker of games including Mafia Wars and Farmville, designed GALA, an Ethereum-based coin. The company aims to get users greater control over their tournaments. The platform has 1.3 million active users. Owners of NFTs on the platform may vote on new games and influence gameplay. The GALA token is used to buy NFTs and in-game products. While other games are making, Town Star, a virtual town builder akin to Sim City, is already available. Conclusion: Cryptocurrency gaming is a new rage. Play-to-Earn games will make current games disappear. Since actual ownership is exciting. This is especially true in the gaming sector, where individuals may now earn large sums of money for their efforts and enjoy exciting games.
Source : News Btc
2 days ago

Solana Could Become The Next Bitcoin, According To FTX’s Sam Bankman-Fried

Sam Bankman-Fried, the founder of the crypto exchange FTX, is optimistic about Solana (SOL). He believes that Solana has the potential to scale to Bitcoin’s (BTC) mass adoption level. Bankman-Fried added that Avalanche (AVAX) also has the potential to climb to the top. He also believes Solana is better than ethereum as it’s one of the few blockchains with a plan to accommodate mass adoption. Related Reading | Solana Hits New All-Time High, Surpasses Cardano And Tether To Fourth Place The 29-year old crypto founder has a net worth of $22.5 billion, making him the youngest person to enter the Forbes rich list after Mark Zuckerberg. Cryptos With The Potential For Real Adoption In an interview with Kitco News on Thursday, Bankman-Fried talked about bull and bear runs. And which projects would see mass institutional adoption. When asked if he thinks Bitcoin would see its last Bull run in December before eventually crashing, Bankman-Fried responded that he could not predict the future. However, there will always be more crashes as well as more bull runs. And in the next few years, he expects to see “see substantial institutional adoption of cryptocurrencies.” In the event of a crash, however, he says that projects with loyal followers and important use-cases are more likely to survive. Hype-driven projects, like meme coins, often crash the hardest. “Projects that have real adoption, or potential for real adoption are the ones that loyalists will be backing, even during bear markets.” Bankman-Fried also believes that Solana could be the next Bitcoin. And that there is a possibility that it could see mass adoption very soon. As he has previously said, Solana has a plausible roadmap to scale millions of transactions per second. And that is the most important indicator. SOL trading at $196.5 | Source: SOLUSD on TradingView.com “I think Solana has a shot at doing so, which is really exciting. I think that there are other tokens out there as well that are aiming to scale a bit, and Avalanche is one of them.” He emphasized that the core technology of every blockchain is something that is hard to overhaul. Furthermore, he says that Solana could potentially be the base for more DeFi applications in the future. Bankman-Fried adds that Solana’s market cap could exceed Ethereum’s market. However, it is hard to make a concrete prediction. But one thing that cannot be disputed is that Solana fixes a lot of problems with Ethereum. These include high gas fees and low transaction rates. Subsequently, many have dubbed the network “ethereum killer.” Solana Is Better Than Ethereum Bankman-Fried believes that in terms of scale, not many blockchains could compare to Solana. Earlier this month, he spoke at Yahoo Finance and Decrypts’s “Crypto Goes Mainstream” conference. Related Reading | Why Billionaire Chamath Palihapitiya Invested In The Solana Ecosystem “Solana is one of the few currently existing public blockchains that has a really plausible roadmap to scale millions of transactions per second at you know, fractions of a penny per transaction, which is a scale that you need for this,” Bankman-Fried said. “That is not where a lot of other blockchains have been focusing, including ethereum.” Featured image by Forbes, Chart from TradingView.com
Source : News Btc
2 days ago

Australian Super Rest Retirement Fund To Invest In Cryptocurrencies

Australia remains outstanding with its increased swing and adoption of cryptocurrencies by the populace. Despite its volatility, the popularity of digital assets has triggered more investment moves towards this financial asset. Joining in the train of crypto investment within the country is the Retail Employees Superannuation Trust (Rest Super). By its indication to invest superannuation fund in cryptocurrency, the Australia Rest Super will be the first of its type to do so. Before now, the entire retirement fund sector has been careful with cryptocurrency. Related Reading | SEC Takes Blow In Action Against Ripple, Will It Impact XRP Price? With about 1.8M members, Rest Super fund’s assets under management (AUM) are worth $46.8 billion. However, superannuation is mandatory for all Australian employees. It has an equivalence of a U.S. Individual Retirement Account or 401k. Speaking on Tuesday during the annual general meeting of Super Rest Fund, Andrew Lill, the company’s Chief Investment Officer (CIO), acknowledged the volatility of such crypto investments. However, he said that their allocation to the investment is a part of diversifying their portfolio. The CIO mentioned that the company considers cryptocurrencies an important investment aspect and will exercise caution in its move. However, he stated that his opinion is that the investment introduces members to digital assets and blockchain technology. Hence, they could access a stable source of value within a period where people stick more to crypto investment to combat fiat currency inflation. Furthermore, another statement from a Rest spokesperson explained that the firm considers cryptocurrencies as a diversifying means of its members’ retirement fund. But, the plan may not be a direct investment. In addition, the spokesperson confirmed that the company is still doing its research before its final decisions. Also, they are focusing on both the regulations and security involved in crypto investment. Investment In Cryptocurrencies To Strive In The Country Contrasting comments are coming within the week to the ones from the Australian Rest Super. On Monday, Paul Schroder, the Chief executive of the $167 billion funds, stated that crypto is not an investment option for their members. Reports from last month revealed that Queensland Investment Corporation (QIC), an investment fund owned by the state, is considering embracing cryptocurrency. But, contrary to that, the company, this week, disclosed to Business Insider the implication of the reports. Hence, it piped down all moves towards digital assets. Cryptocurrency market notices upward trend | Source: Crypto Total Market Cap on TradingView.com The Head of Currency at QIC, Stuart Simmons, said he wants superannuation funds to embrace cryptocurrency. However, the move is likely to be a gradual trickling instead of a massive flow. The entire deliberation on Australian superannuation funds is happening within the period of a bullish trend in the country’s crypto market. This is after the Senate committee brought up some regulatory proposals within October. Related Reading | XRP Builds Momentum With 7% Increase As Ripple Launches New ODL Partnership It catalyzes pushing the country as a focal point in crypto transactions. Also, the Commonwealth Bank of Australia (CBA) intends to offer cryptocurrency trading earlier in the month through its banking app. As more cryptocurrency adoption is expected in the country, Matt Comyn, the CEO of CBA, commented on the bank action this week. The CEO explained that participation in digital assets is motivated by FOMO. He said that though there are risks to their involvement, there will be more significant risks with their non-participation. Featured Image: Pixels | Charts by TradingView
Source : News Btc
2 days ago

Phemex IV Set To Begin With $750,000 Up For Grabs

Phemex has come back with its popular Phemex Trader’s Arena trading competition. The previous 2020 edition of the competition saw traders win over 100 Bitcoin. The fourth edition of the anticipated trading competition promises to be exciting with massive rewards. This time around, Phemex has upped the stakes. The crypto exchange is calling on all traders to participate for a chance to share in the prize pool of $750,000. Traders will battle each other and victorious traders will be rewarded at the end of the competition. Traders can compete in Phemex IV as individual traders or as part of a team. Prizes will be awarded to the victors in two categories: individual and teams. Changing The Rules, Not The Game Previously, Phemex had only counted inverse BTCUSD contract trades towards the final total for each trader. However, the 2021 edition of the competition comes with a few tweaks to allow for more participation. Phemex has announced that for Phemex IV, all contracts available on the platform will be counted. ROI on both USD and BTC trading will count towards the final total. The contract with the highest amount at the end of the competition will be counted for the individual. Phemex will calculate individual results using PnL across BTC and USD trading accounts. Users with the highest ROI at the end of the allocated time period will emerge as winners of the competition. How To Participate Traders can sign up for the Phemex IV trading competition through the registration link. The more traders sign up to participate in Phemex IV, the bigger the prize pool. Traders can sign up to compete as individual players. Although traders who possess enough clout to get a team behind them can sign up as a Team Captain and compete as a team. Team Captains will need to sign up for their team and each team must include 10 members to be considered a valid registration. Traders can add to their team over time but if they do not reach the minimum requirement by the time registration closes, the team will be automatically disqualified/disbanded. Members from disbanded teams will then be assigned randomly to other teams in order to compete. A team may have well over 10 members. However, only the ROI of the top 10 traders in each team will be counted towards the team’s final total at the end of the competition. Registration for Phemex IV will run from Nov. 25th, 2021 to Dec. 9th, 2021, after which the competition will kick-off. The competition is scheduled to begin on Dec. 9th, 2021 8 AM UTC to Dec. 24th, 2021 8 AM UTC. Enter The Phemex IV Arena Players in the Phemex IV trading competition will be rewarded according to the category they compete in. Individual traders will be rewarded based on their BTC and USD PnL (profits and losses). While teams will be ranked according to the average ROI of their top 10 performing members. Bonuses are up for grabs in both categories. For individual traders, Phemex IV is giving trading bonuses to participants who make high enough deposits into their contract trading accounts for the duration of the competition. The higher the deposit, the larger the bonuses that individuals can get. Team Captains are not left out of the bonuses. Team captains will be awarded prizes based on the size of their teams. Teams can be as small as 10 members and as large as 200 members. The higher the team members, the better the prize Prize Pool Allocation The prize pool for Phemex IV will feature a 78%-22% breakdown. Teams will receive a larger share of the final prize pool, while the remaining 22% goes to individual players. For teams, the team captains will receive 40% of the team’s award. The top 10 members will each receive 3%, amounting to 30% of the total team’s award. The rest of the members will receive a share of the remaining 30% according to the number of people in the team. Winners in the individual trading category will receive 8% of the total prize pool if they place in the first place. 5% will go to the 1st runner up of the individual competition and the 2nd runner up will receive 2%. Individual players who place 4th-10th will have the remaining 7% divided up equally among them. Prizes, bonuses, and awards will be distributed after the competition ends. Up to $750,000 in BTC awaits the teams/traders that emerge victorious in this competition.  
Source : News Btc
3 days ago

Innovative Mining Protocol Concludes a $2 Million Fundraise Led by Exnetwork Capital and Oracles Investment Group

Leading Venture funds including Exnetwork Capital, CSP DAO, STC Capital, Oracles Investment Group, MoonBoots, Leos Ventures, Global Key Investment, and Aza Groups, have successfully led a funding round for MINE Network. A group of strategic partners including Skyrim Finance, Kylin Network, Charged Particles, and FOMO Chronicles also supported the round, to help MINE Network raise $2 million. Reportedly, it was an oversubscribed private sale with unimaginable responses from some of the industry’s most influential and trusted names. The project has attracted a slew of high-net-worth individuals who are trusting the project’s vision to be a premier solution provider in the crypto mining industry. With the successful funding and IDO launch, MINE Network is ready to kickstart the journey of creating its eco-conscious, multi-chain mining protocol until it attains its fullest potential. MINE Network is enthusiastic about revolutionizing the very core of the crypto sphere and with immense support from the blockchain community. Standardizing Mining Power As the first decentralized standard hashrate token protocol solving mining problems, MINE Network is geared towards standardizing mining power. MINE will set up the mining power standard for a list of mining projects so that the mining power. This applies to mining powers from MINE and other mining pools, so they can be easily tokenized and clearly identified. Growing cloud mining pools have curbed and lowered certain barriers impeding entries in crypto mining. However, there are a good number of cloud mining pools with no proper standard which can inhibit the rapid growth of the sector. MINE Network’s goal to standardize mining power is targeted at offering scaling potential to the industry. MINE Network’s protocol is out to develop the right standards for numerous mining powers and also the minimum standardized hashrate unit. With this, the MINE Network mining pool will be an open and accessible tokenized market. As MINE aims at this problem of low standards, it is positioned to bring the mining ecosystem to a completely new level of accepted standards including energy consumption ratio, types of specific mining equipment as well as their numbers. Building A Decentralized Community With Complete Autonomy MINE Network as a project seeks to build a decentralized community with complete autonomy. This is a major factor in dealing with credibility issues facing the mining industry. MINE aims to act as a fully transparent decentralized autonomous organization. For every growing mining project, the MINE Network DAO will be adjusted to suit all stages for the community to be developed without hindrances. As the project matures, the MINE Network DAO increases. The primary objective is to grow into a decentralized protocol with full community autonomy. As it works towards becoming a DAO, MINE Network is encouraging the willingness of the community to participate in governance by lowering participation thresholds and increasing incentives. MINE Network is building a community with no hierarchical management or central governance. It will have a plethora of beneficial purposes. Miners on the platform will enjoy a self-sustaining economy with a better distribution of mining power for an even more equitable space.
Source : News Btc
3 days ago

Market Analysts Explain Why This Correction Is Good For Bitcoin

The recent bitcoin correction down from its all-time high has had the market in a panic in the past week. However, not everyone has seen it as a bad omen. The digital asset’s price had gone down below $60,000 causing investors to believe the bear market had arrived. Mostly, small-time investors had been hit the most by panic as sell-offs happened through the space. Nevertheless, the correction was bound to happen following the incredible run that bitcoin had. Market corrections are always normal and expected after a bull rally but market analysts have pointed out that this particular correction could have some positive implications for the digital asset going forward. Related Reading | Bitcoin Whale Wallet Containing 1,299 BTC Activates After Eight Years Be Grateful For The Slump Analysts at BOOX Research recently released their analysis of the market and shared thoughts surrounding current market conditions. The analysts explained that the correction was good for the digital asset. This type of slump is important for a “healthy” market and bulls should be grateful for it, the analysts said. The recent sell-off has not been bad for the market and although bears believe that bitcoin had already seen its top, this is not true. BOOX Research analysts further explained that the market is nowhere near the “crypto winter” despite its 20% downward retracement. Further stating that the fact that the digital asset had held above $50,000, which is an important psychological level for bitcoin, shows that it is still going strong. BTC dip continues | Source: BTCUSD on TradingView.com The analysts pointed out that a major pullback would have been witnessed if the price had broken below $50,000, leading to a $30,000 retest. However, it would take something impactful, like an “unforeseen major regulatory setback” for the asset to break below this level. Bitcoin Headed For $100,000 Analysts at BOOX Research have echoed a widely held prediction in the crypto space. That is, bitcoin at $100,000. The analysts put the digital asset at this price point in 2022 but not without a bit of a hurdle. In their report, they state that the digital asset would have to first break above $60,000, which would set it up for an all-time high retest. Additionally, the asset is expected to accelerate towards $75,000 until it touches $100,000 next year. “Bitcoin has made several key pivots around $50,000 going back to February of this year. We expect the bulls to put up a strong fight and hold that line if it gets down there, which could be a good spot to add to positions.” Related Reading | JPMorgan Lists Ethereum As A Better Investment Than Bitcoin For the pioneer digital asset, the pullback has done for good for it. Prices have stabilized somewhat – as stable as they can be for the highly volatile crypto market – setting the asset up for another bounce above $60,000. Bitcoin had recovered back up to $59,000 on Thursday and indicators point to a continuation of the bull rally. Featured image from Republic World, chart from TradingView.com
Source : News Btc
3 days ago

After Raising $5.3 Million, Astra Guild Ventures (AGV) Gears for Series B & Public Token Sale

Astra Guild Ventures (AGV) has successfully raised $3 million for its Series A funding round led by some notable venture capitalists such as CSP DAO Inc, Halvings Capital Ltd, Oracles Investment Group, GDA Capital and Deltahub Capital. The raised funds will be used for marketing AGV’s public token sale, covering operational and management expenses, and for the acquisition of new nonfungible tokens (NFTs) and equities on companies that develop play-to-earn (P2E) games. At the time of writing, AGV has raised a total of $5.3 million after its Seed and Series A funding rounds. They have a total of 2,036 Axie Infinity scholars, 50,000+ Discord community members and 75,000+ Facebook followers. Recently, AGV has invested $800K in BMG, a Florida-based gaming studio behind the play-to-earn NFT games Kart Racing League and Realms of Ethernity (ROE). AGV Series B and public sale AGV is set to launch its Series B, or private token sale, on its website on November 17, 2021 at 2 pm UTC, and its public token sale on December 17, 2021. AGV has been audited by Certik. What is Astra Guild Ventures (AGV) Astra Guild Ventures (AGV) is a decentralized autonomous organization (DAO) that invests in NFTs, P2E games and other blockchain projects. The DAO aims to build a global community of investors, tech leaders, NFT and blockchain enthusiasts and P2E players. AGV boasts itself as the first DAO and NFT gaming guild that completely discloses its real-time earnings through its earnings dashboard and has a completely verifiable and publicly available list of assets. AGV will also be launching its DAO Governance Board where AGV holders are able to propose and vote changes on the DAO’s rules and decisions. This makes AGV one of the first NFT gaming guilds to fully launch a decentralized platform. Transparency and growth: Driving reasons for investments in AGV With a lot of projects launching in the blockchain and crypto space, finding the right project to invest in is difficult — this is exactly what the AGV investors realized and what made them trust AGV. The transparency features that AGV meticulously integrated into its operations as a DAO was one main turning point. Astra Guild has its own earnings and governance dashboard integrated together to provide a one-stop platform to AGV holders where they participate and decide for the DAO and view their investment status. The rapid growth of the Astra Guild community has also been a factor, in just three months Astra Guild’s membership blew up to 51,000+ members, hailing it as one of the fastest-growing NFT gaming guilds in the world — clear evidence that the NFT and blockchain market is on the rise. List of investors Encrypted Investments Limited, Vespertine Capital, Three M Capital, GDA Capital, Kangaroo Capital, DEC.Ventures, CSP DAO, Connectico Capital, Halvings Capital, DeltaHub Capital, NFT Technologies, Oracles Investment Group, Mars Dao, Point3 Ventures, International Blockchain Consulting Group, Follow[the]Seed, Interstellar Ventures, CrowdCreate, Ruby Capital Singapore, Dot Finance LTD, NFT Stars Limited, GAINS Associates, Seedthrift Ventures, Almora Capital, BIP32 Ventures and Wolf of Markets. Some notable Angel Investors include Alexander Kondrashov, Moon Carl and Ronny Roehrig. Anyone interested in joining Astra Guild Ventures’ Series B, may register here to receive instructions and announcements straight to their inbox. AGV will be distributing 37,500,000 AGV with 10% to be released on Token Generation Event and the remaining 90% is subject to 12 months vesting.    
Source : News Btc
3 days ago

BNBMatrix: Growing Crypto On Trees With Yield Farming

Blockchain technology is solving a lot of problems across multiple sectors of the global economy and, apparently, starting a meme gold rush (Source: NBCNews) on the sidelines. But do you ever wonder if there is anything that blockchain can never do? Create liquid assets. The very process of selling a token implies an existence of a counter-party who is willing to buy. Compared to selling stocks or bonds, trading a crypto asset is a lot like selling a house, where it is harder to find a buyer (depending on the coin, of course). More precisely, the illiquidity of crypto assets affects how fast they can be bought or sold at a stable price. To create a liquid asset, you’ll need a promising Dapp, a reputable chain, and a cult-like following. In other words, it is a time-consuming, difficult balancing act. Enter, yield farming. Yield Farming is, quite simply, letting your hard-earned money work for you. It’s no different than owning a savings account. The DeFi puts your money in a money pool, and earns profits by charging interest from these loans. The loans are used for market speculation, which in turn promotes liquidity. A smart contract exists to ensure everything remains in check and no value is lost. After all, you are not providing liquidity out of the goodness of your heart, but for stable returns. A popular quote among compound investors is that money makes money, and the money that makes money makes more money. That’s the case with BNBMatrix, which is helping investors mint money from smart contracts. It is the Dapp to beat the market gains. The desire for yield walks hand-in-hand with the desire for continued market exposure. BNBMatrix.io is the fastest-growing high yield farming Dapp taking the Binance Smart Chain by storm. It has had a good run, but investors might be witnessing just the start of its growth run. When you hear of yields as high as 234% in total, it pays to listen. It’s like gaining bitcoin level returns, without even buying BTC in the first place. That’s right; BNBMatrix is a better deal than dropping tens of thousands of dollars (Source: Coin Market Cap) on a bitcoin. BNBMatrix: the Next Big Thing Let’s pop the hood on BNBMatrix and see how this DeFi fits in with your overall portfolio and personal risk tolerance. This Dapp is about as straightforward and high-yield as a DeFi can get on the Binance Smart Chain. As the name implies, the smart contract uses the Binance coin (BNB) as the benchmark. Perhaps unsurprisingly, a significant focus of the fund goes to the Binance Smart Chain (BSC), which enjoys significant institutional backing (Source: Coin Desk) and high-value traders. Sure enough, the yield reflects these exciting prospects. BNBMatrix offers ROI from 7.8% to 17% earned between seven to thirty days. That means a total profit of 199% to 234% earned between seven to thirty days, depending on your deposit. Speaking of deposits, BNBMatrix accepts deposits of as little as 0.01 BNB for a start. The yield accumulates daily and withdrawals can happen any time depending on the investors’ hunger for the thrill. BNBMatrix is a promising star amongst yield farming DeFi. The service launched recently and is about to cross the 14000 BNB milestone after only 20 days in business. It’s safe to say the market has an appetite for more stability and greater growth prospects. A Guaranteed Way to Make Crypto for You The high returns of the crypto market are awesome, but they come with some nasty baggage. Despite the market’s inherent risks, it is important to piece together a financial plan built on sound ground. So, BNBMatrix has developed features for this purpose. You can’t talk about BNBMatrix returns without considering the security of the smart contract. If the words of the auditors are anything to go by, this smart contract has no vulnerabilities, backdoor, or scams. It’s been audited by Haze Crypto. The returns from the crypto market might look flashy, and if you are not holding cryptocurrencies, you might feel like you are missing out. Achieving it is no easy task either. But, BNBMatrix comes with the promise of stable returns. If a return to stable profits is on your cards, then BNBMatrix makes for an impressive investment. It is a Dapp to seriously consider. The process is user-friendly and customer support is readily available 24/7 on Telegram. Conclusion BNBMatrix has had a nice run, and this could just be a sign of better things to come. If you are after high crypto yields with a bias for the Binance Smart Chain, which you might see amid the humongous returns at present, you might want to put your bet on BNBMatrix. You will not find a DeFi that is more yielding when it comes to profits than BNBMatrix. It is a blockchain with a pristine value proposition. Image: Pixabay
Source : Cointelegraph
1 days ago

UK digital services tax targets crypto exchanges

Britain’s crypto exchanges will be levied with a 2% tax which is likely to be passed on to investors warned CryptoUK.

Source : Cointelegraph
1 days ago

Top 5 cryptocurrencies to watch this week: BTC, BNB, LUNA, MANA, SAND

Bitcoin looks ready to rebound off a critical support level and if this happens select altcoins like BNB, LUNA, MANA and SAND may also attract buyers.

Source : Cointelegraph
1 days ago

Tech transformation: Don Tapscott’s ‘Platform Revolution’ book review

In his latest book, ‘Platform Revolution,’ Don Tapscott explains how blockchain technology has converged with AI, machine learning and IoT.

Source : Cointelegraph
1 days ago

NFT art will never be mass-market — NFT licenses may be

NFT digital art sales generate headline after headline, though this is not the real mass-market use of this novel technology.

Source : Cointelegraph
1 days ago

6 Questions for Lyn Alden Schwartzer of Lyn Alden Investment Strategy

Source : Cointelegraph
1 days ago

New tribes of the Metaverse — Community-owned economies

The gaming ecosystem is set to become more community-driven with the help of decentralized tech, empowering creators and coders.

Source : Cointelegraph
1 days ago

Bitcoin risks lowest weekly close in 2 months but BTC buyers stock up at $53K

Bitcoin remains attractive for seasoned hodlers, as $50,000 now becomes the point at which confidence could turn to anxiety.

Source : Cointelegraph
1 days ago

US Bitcoin ETF favors Australian approval, but Aussies need to go further

If Australia can embrace the crypto asset class, it could very realistically see an injection of new capital into its markets and the broader economy.

Source : Cointelegraph
1 days ago

Bitcoin AUM falls 9.5% to record largest monthly pullback since July

The Bitcoin assets under management (AUM) market fell 9.5% to $48.7 billion in November while altcoin-based crypto funds such as Ether saw their AUM rise 5.4% to $16.6 billion.

Source : Cointelegraph
2 days ago

Online content streaming is dead. Long live the music NFTs

Goodbye Spotify, music nonfungible tokens have arrived: Reimagining the music streaming model in the Web 3.0 era.

Source : Cointelegraph
2 days ago

The Holy Grail for crypto traders: Consistent average returns over 5%

Over 2,000 data points consistently demonstrate a singular truth: Crypto asset prices tend to increase when this quant algorithm identifies bullish conditions.

Source : Cointelegraph
2 days ago

Facebook’s centralized metaverse a threat to the decentralized ecosystem?

Facebook’s metaverse plans have caused discomfort in the crypto community, but there’s every reason to believe in a decentralized future for metaverses.

Source : Cointelegraph
2 days ago

NFTs as micro-social networks: The path to crypto adoption

Nonfungible tokens could be a step toward new social interactions, a notion that might not be as far-fetched as it sounds.

Source : Cointelegraph
2 days ago

Finance Redefined: 1M ETH burned since EIP-155 and Dorsey drops tbDEX white paper, Nov. 19–26

1 million Ether has been burned since the London hard fork, Square released a beta white paper for a decentralized exchange and Grayscale predicted a $1-trillion metaverse market — all coming to you in this week’s Finance Redefined.

Source : Cointelegraph
2 days ago

Bitcoin sentiment in 'wild' divergence from reality as $53K BTC triggers 'extreme fear'

Bitcoin price action is just 20% from all-time highs, but the market has reentered "extreme fear" for the first time since $43,000.

Source : Cointelegraph
2 days ago

Vitalik Buterin proposes calldata limit per block to lower ETH gas costs

Buterin issued a decrease-cost-and-cap proposal that aims to reduce unprecedented levels of strain and risk breaking the network.

Source : Cointelegraph
3 days ago

Democratic senators oppose President Biden's OCC Omarova nomination

Saule Omarova’s nomination for Comptroller of the Currency faces policy objections from Democrats and Senate banking committee members.

Source : Cointelegraph
3 days ago

OKEx shared insights on trading, regulation, DeFi and more during recent Markets Pro AMA

Among many features, OKEx staff demonstrated how users could automate their trading process with no required coding knowledge on the namesake platform.

Source : Cointelegraph
3 days ago

Bitcoin drops below $54K, stocks sell-off after new COVID-19 variant emerges

Bears took control of BTC price after options markets flashed bearish signals, but should traders be worried?

Source : Cointelegraph
3 days ago

El Salvador celebrates Black Friday, buys 100 BTC for 20% off

With the addition of the 100 coins today, El Salvador holds 1,220 BTC, worth roughly $66.3 million following the crypto asset's drop to the $54,000s.

Source : Cointelegraph
3 days ago

Price analysis 11/26: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, SHIB

Bitcoin and most major altcoins are on the verge of starting a deeper correction, which will signal that a short-term top may be in place.

Source : Cointelegraph
3 days ago

Tanzania reportedly makes plans to launch CBDC

The central bank has “already begun preparations” for a digital shilling, according to Bank of Tanzania Governor Florens Luoga.

Source : Cointelegraph
3 days ago

DappRadar pivots business model to DApp store with native token

The Lithuanian service will launch its utility token to support Web 3.0 governance on the platform, though its expected launch date is undisclosed.

Source : Cointelegraph
3 days ago

Stablecoin issuers poised to be banks of the future on road to adoption

Stablecoins are destined to grow, experts suggest, but are regulations the only way for the market to reach its full potential?

Source : Cointelegraph
3 days ago

Hackers can use compromised Google Cloud accounts to install mining software in under 30 seconds: Report

The report said the actors usually gained access to Cloud accounts because of “poor customer security practices” or “vulnerable third-party software.”

Source : Cointelegraph
3 days ago

Moon Landing initiative brings neurodiversity to NFTs and supports art nonprofits

A blend of contemporary popular culture, nostalgia and empowerment will be the main themes of the NFT exhibit.

Source : Cointelegraph
3 days ago

Acid, Bitcoin mining and a bad trip to North Korea

Source : Cointelegraph
3 days ago

Bitcoin reverses ‘bear market’ at $53.5K as Pfizer gains on fresh panic over coronavirus ‘Nu’ variant

Bitcoin price action steadies after losing almost $6,000 on Nov. 26 as winners and losers from the coronavirus-‘Nu’-variant scare emerge.

Source : Cointelegraph
3 days ago

26% of crypto investors in Japan tried out NFTs: Survey

Major Japanese cryptocurrency exchange Coincheck launched its own NFT marketplace back in March 2021.

Source : CryptoNinjas
4 days ago

Tatum’s C# SDK is now live to quickly build blockchain apps for 40+ protocols

Tatum, a blockchain development platform, has today announced the launch of its new C# based SDK. With the latest Tatum C# SDK, users can build full-fledged apps for over 40 blockchain protocols. The C# SDK offers over 300 API endpoints, and developers can perform a wide range of blockchain operations on any supported blockchain, from […]

The post Tatum’s C# SDK is now live to quickly build blockchain apps for 40+ protocols appeared first on CryptoNinjas.

Source : CryptoNinjas
4 days ago

Animoca and Hex Trust form JV to offer GameFi crypto wallet service

Hex Trust, an Asia-based crypto-asset custodian, and Animoca Brands, a provider of blockchain gamification platforms, announced today they have formed a joint venture to provide institutional cryptocurrency wallets and financial services for online gamers. In the partnership, Hex Trust will provide its secure digital asset wallet technology and custody infrastructure to connect seamlessly with Animoca […]

The post Animoca and Hex Trust form JV to offer GameFi crypto wallet service appeared first on CryptoNinjas.

Source : CryptoNinjas
4 days ago

Crypto exchange Bitfinex adds FIX gateway connectivity

Bitfinex, the popular crypto trading platform, has launched a Financial Information eXchange (FIX) gateway, a routing service using the FIX protocol that enables high-speed connectivity to the exchange. FIX is a language used largely by institutions and trading platforms to communicate trade information. This non-proprietary, free and open standard is constantly being developed to support […]

The post Crypto exchange Bitfinex adds FIX gateway connectivity appeared first on CryptoNinjas.

Source : CryptoNinjas
5 days ago

Crypto wallet Exodus integrates sports betting with SportX

Exodus, a non-custodial cryptocurrency software platform, today announced its wholly-owned subsidiary, Proper Trust AG, entered into an agreement with SportX, a sports and crypto betting platform. Users of Exodus Wallet in approved jurisdictions can now access the services offered by SportX and place bets on a variety of sports and eSports using USDC. Running on […]

The post Crypto wallet Exodus integrates sports betting with SportX appeared first on CryptoNinjas.

Source : CryptoNinjas
6 days ago

Kaiko launches decentralized exchange (DEX) trade data feed

Kaiko, a cryptocurrency market data provider, today announced the launch of its decentralized exchange (DEX) data feed. Historical and live tick-level trade and aggregated data are now available for Uniswap V2, Uniswap V3, Sushiswap, Curve Finance, and Balancer V1. Data for DEX aggregator 1inch is also available. Decentralized exchanges play a major role in the […]

The post Kaiko launches decentralized exchange (DEX) trade data feed appeared first on CryptoNinjas.

Source : CryptoNinjas
6 days ago

Flexa app adds Regal to offer cryptocurrency payments for movies & more

Regal, a subsidiary of Cineworld Group and the operator of one of the largest and most geographically diverse theatre circuits in the United States, announced today that it has partnered with Flexa, a crypto payments network, to offer patrons the ability to pay with cryptocurrency. Now, across its entire footprint of nearly 7,000 screens in more than 500 […]

The post Flexa app adds Regal to offer cryptocurrency payments for movies & more appeared first on CryptoNinjas.

Source : CryptoNinjas
6 days ago

Marex integrates Coinbase Prime to broaden crypto derivatives capabilities

Marex Solutions, a division of Marex Group that specializes in customized derivative products, and Coinbase Prime, a crypto-custodian and prime brokerage, today announced a new partnership that will broaden both companies’ institutional crypto investment and hedging capabilities. The partnership will allow both firms to expand their respective crypto product offerings, with Marex Solutions and Coinbase […]

The post Marex integrates Coinbase Prime to broaden crypto derivatives capabilities appeared first on CryptoNinjas.

Source : CryptoNinjas
6 days ago

Crypto exchange Bit2Me to store assets with custody solution of Prosegur Crypto

Bit2Me, a Spanish-based crypto exchange company, announced today it will store part of its funds with Prosegur Crypto, the crypto custody service of Prosegur Cash. Prosegur Crypto’s custody solution, known as Crypto Bunker, integrates advanced cryptographic technology with physical security protocols. It is an environment based on a 360° inaccessibility approach that features two cold […]

The post Crypto exchange Bit2Me to store assets with custody solution of Prosegur Crypto appeared first on CryptoNinjas.

Source : CryptoNinjas
7 days ago

Crypto.com launches new OTC trading trading portal for large orders

Crypto.com, a cryptocurrency exchange platform, today announced that its exchange service now features a new over-the-counter (OTC) portal. Immediately, select institutional and VIP clients can get instant and custom quotes on block trades for over 10 trading pairs, specifically BTC/USDT, ETH/USDT, ADA/USDT, XRP/USDT, SOL/USDT, BTC/USDC, ETH/USDC, ADA/USDC, XRP/USDC, and SOL/USDC. OTC block trades enable large-volume […]

The post Crypto.com launches new OTC trading trading portal for large orders appeared first on CryptoNinjas.

Source : CryptoNinjas
7 days ago

Crypto payments infrastructure platform MoonPay closes $555 million Series A

MoonPay, a crypto payments infrastructure provider, today announced it has closed a $555 million Series A financing round led by Tiger Global Management and Coatue with participation from Blossom Capital, Thrive Capital, Paradigm, and NEA. The company’s fiat-to-crypto on-ramp powers more than 250 wallets, websites, and applications in more than 160 countries and has processed […]

The post Crypto payments infrastructure platform MoonPay closes $555 million Series A appeared first on CryptoNinjas.

Source : CryptoNinjas
7 days ago

Lydia app leverages BitPanda white label solution to provide its users access to crypto

Bitpanda, an Austrian-based crypto exchange service company, and French-based financial app Lydia announced today they’ve joined forces to offer Lydia’s 5.5 million users access to cryptocurrency. Lydia will leverage Bitpanda’s White Label Solution, an API-driven infrastructure that enables organizations to provide their users access to crypto exchange. Founded in 2014 as a crypto-trading company, back […]

The post Lydia app leverages BitPanda white label solution to provide its users access to crypto appeared first on CryptoNinjas.

Source : CryptoNinjas
7 days ago

Mining platform NiceHash adds Banxa for crypto buy/sell option

Banxa, a crypto payment service, has announced its successful integration with crypto mining and trading platform, NiceHash. Banxa will provide NiceHash users with a new option to buy and sell cryptocurrency. NiceHash is an EU-based marketplace for hash power allowing individual miners from around the world to rent out their computational capacities. With over 1 […]

The post Mining platform NiceHash adds Banxa for crypto buy/sell option appeared first on CryptoNinjas.

Source : CryptoNinjas
10 days ago

Korean crypto exchange Flybit obtains official registration from regulators

Korea Digital Exchange Co., Ltd., the operator of cryptocurrency exchange Flybit, announced on November 19, 2021, that it has passed the strict examination to complete registration with the Financial Intelligence Unit (FIU) under the Financial Service Commission. As a registered cryptocurrency exchange, Flybit will continue to focus on strengthening its AML framework to diligently comply […]

The post Korean crypto exchange Flybit obtains official registration from regulators appeared first on CryptoNinjas.

Source : CryptoNinjas
11 days ago

Decentralized VPN network Mysterium set to launch mainnet on Ethereum and Polygon

After years of development, the team of Mysterium Network, a decentralized VPN protocol & ecosystem, has announced that on Monday, November 22nd it will launch its mainnet on both the Ethereum and Polygon mainnets. During testnet, the Mysterium VPN app was downloaded 400,000 times, with over 114,000 monthly active users (MAU). Mysterium is powered by […]

The post Decentralized VPN network Mysterium set to launch mainnet on Ethereum and Polygon appeared first on CryptoNinjas.

Source : CryptoNinjas
11 days ago

Crypto exchange HitBTC adds XanPool as new fiat-gateway provider

HitBTC, a popular crypto exchange platform, today announced the successful integration of a new gateway partner, XanPool. XanPool is a fiat-gateway solution designed for cryptocurrency platforms such as exchanges, wallets, and others. It enables various local payment methods, eliminating the possibility of chargebacks. Besides, the software can be seamlessly integrated into any platform with just […]

The post Crypto exchange HitBTC adds XanPool as new fiat-gateway provider appeared first on CryptoNinjas.

Source : CryptoNinjas
11 days ago

Crypto payment platform CoinGate integrates Shiba (SHIB) token

CoinGate, a crypto payment service platform, has announced that Shiba Inu (SHIB) has now been integrated as its newest cryptocurrency. Every CoinGate user, from merchants to traders or purchasers of crypto, can now accept, trade, buy, and spend the meme coin. Firstly, SHIB token’s integration into CoinGate services means that more than 500 CoinGate merchants […]

The post Crypto payment platform CoinGate integrates Shiba (SHIB) token appeared first on CryptoNinjas.

Source : CryptoNinjas
11 days ago

Uppsala Security assists another victim of crypto theft recover stolen funds

Uppsala Security, a provider of security tools and services for crypto AML/CTF, transaction tracking, risk management, regulatory compliance, and cyber security, announced today that they’ve successfully helped a victim recover approximately 5 million KRW (over $4,000 USD). According to the Crypto Incident Response Center (CIRC), the fraud case was reported by the victim in early November […]

The post Uppsala Security assists another victim of crypto theft recover stolen funds appeared first on CryptoNinjas.

Source : CryptoNinjas
11 days ago

Cypher raises $2.1M to build out expiratory futures protocol on Solana

Cypher, an expiratory futures protocol built on Solana, today announced it has raised $2.1 million in a seed round co-led by Sino Global Capital, SkyVision Capital, and Blockwall Capital. With this new capital, the company will launch a protocol designed to offer synthetic derivatives products. Cypher’s focus on futures-like products with a defined settlement date […]

The post Cypher raises $2.1M to build out expiratory futures protocol on Solana appeared first on CryptoNinjas.

Source : CryptoNinjas
11 days ago

BetaBlocks gets $1.5M in seed funding to scale its white-label tokenization platform

BetaBlocks, a Miami-based blockchain-asset infrastructure company, announced it has received $1.5 million in seed funding. The round was led by E3 Negócios, Ocean Azul Partners, and SaaS Ventures. Founded in 2018, BetaBlocks has helped companies such as Magic Leap, Ohm Health, and Blackdove navigate the world of crypto-assets and privacy. After concluding the Endeavor ScaleUp […]

The post BetaBlocks gets $1.5M in seed funding to scale its white-label tokenization platform appeared first on CryptoNinjas.

Source : CryptoNinjas
11 days ago

Decentralized options trading protocol Kibo closes $1.5M in seed round

Kibo Finance, a startup DeFi options trading platform, has announced the closing of a $1.5M seed round. Participating investors in the round include Republic, Huobi, Gate.io, Fenbushi, AU21, Genblock, Kenetic, MGNR, GSR, DFG, Bitcoin.com, David Garcia of Borderless Capital, Sandeep Nailwal (Co-founder of Polygon), and Mirza Uddin (Co-founder of Injective Protocol). The Kibo Finance protocol […]

The post Decentralized options trading protocol Kibo closes $1.5M in seed round appeared first on CryptoNinjas.

Source : Wallet Invester
1162 days ago

Bitcoin $6609.990 – CryptoCurrency Trading Report – 24.09.2018 09:08

Hot news: These changes have happened in the last hour.

In the last one hour Bitcoin is leading the record of among the most popular crypto-currency in the trading ecosystem, it has an decrease of -0.33% from its previous value from 6631.875 dollars now at 6609.990 dollars exchange rate. Next to Bitcoin is T..

The post Bitcoin $6609.990 – CryptoCurrency Trading Report – 24.09.2018 09:08 appeared first on CryptoCurrency Blog.

Source : Wallet Invester
1162 days ago

Bitcoin $6668.000 – CryptoCurrency Trading Report – 24.09.2018 08:08

Hot news: The summaries of the last one hour are the followings:

Bitcoin is leading the rank on the most popular crypto-currency, it has an upsurge of 0.12% in its exchange rate, which means 6668.000 dollars from the 6660.008 dollars earlier. Tether is in the second position as Bitcoin leads the first spot. ..

The post Bitcoin $6668.000 – CryptoCurrency Trading Report – 24.09.2018 08:08 appeared first on CryptoCurrency Blog.

Source : Wallet Invester
1162 days ago

Bitcoin $6640.360 – CryptoCurrency Trading Report – 24.09.2018 07:08

Hot news: Here we summon for you the changes of the market of CryptoCurrency from the last 60 minutes.

In the last hour, Bitcoin is leading the cryptocurrency rank. A fall in the exchange rate was seen from 6663.014 dollars to 6640.360 dollars a -0.34% change. Next to Bitcoin is Tether in the second position..

The post Bitcoin $6640.360 – CryptoCurrency Trading Report – 24.09.2018 07:08 appeared first on CryptoCurrency Blog.

Source : Wallet Invester
1163 days ago

Bitcoin $6674.850 – CryptoCurrency Trading Report – 24.09.2018 06:07

Hot news: Here you can read the new CryptoCurrency report of the last 60 Minutes.

Bitcoin is leading the rank in the last hour as the most popular crypto currency in the trade market, with a recorded fall on its value of about -0.12% in the last hour with a current standing rate of 6674.850 dollars from 6682..

The post Bitcoin $6674.850 – CryptoCurrency Trading Report – 24.09.2018 06:07 appeared first on CryptoCurrency Blog.

Source : Wallet Invester
1163 days ago

Bitcoin $6686.310 – CryptoCurrency Trading Report – 24.09.2018 05:07

Hot news: There were a lot of happenings in the last 60 minutes on the Crypto stock exchanges.

Bitcoin is listed as the most popular cryptocurrency in the market. In the last sixty minutes, it had an downswing of -0.19% on its trading price. This means from 6699.038 dollars now at 6686.310 dollars. Tether is..

The post Bitcoin $6686.310 – CryptoCurrency Trading Report – 24.09.2018 05:07 appeared first on CryptoCurrency Blog.

Source : Wallet Invester
1163 days ago

Bitcoin $6704.570 – CryptoCurrency Trading Report – 24.09.2018 04:07

Hot news: Now we show you the newest summary of 60 minutes.

Bitcoin is now leading the rank on the most popular digital currency in the trade market. It has an decrease of -0% in its exchange rate from 6704.570 dollars now at 6704.570 dollars. Bitcoin is seconded by Tether, in a 60 minutes time it has a drop..

The post Bitcoin $6704.570 – CryptoCurrency Trading Report – 24.09.2018 04:07 appeared first on CryptoCurrency Blog.

Source : Wallet Invester
1163 days ago

Bitcoin $6709.350 – CryptoCurrency Trading Report – 24.09.2018 03:07

Hot news: Here we summon for you the changes of the market of CryptoCurrency from the last 60 minutes.

Bitcoin was in the top position in the last hour, the exchange rate decreases from 6710.021 dollars to 6709.350. This is a -0.01% recorded change. Tether is at the second position next to Bitcoin, with a re..

The post Bitcoin $6709.350 – CryptoCurrency Trading Report – 24.09.2018 03:07 appeared first on CryptoCurrency Blog.

Source : Wallet Invester
1163 days ago

Bitcoin $6709.780 – CryptoCurrency Trading Report – 24.09.2018 02:07

Hot news: These changes have happened in the last hour.

Bitcoin was in the top position in the last hour, the exchange rate increases from 6689.711 dollars to 6709.780. This is a 0.3% recorded change. Bitcoin is followed by Tether, with a -0.07% tumble on its trade value in the last one hour, equivalent to 0..

The post Bitcoin $6709.780 – CryptoCurrency Trading Report – 24.09.2018 02:07 appeared first on CryptoCurrency Blog.

Source : Wallet Invester
1163 days ago

Bitcoin $6687.450 – CryptoCurrency Trading Report – 24.09.2018 01:07

Hot news: Here we summon for you the changes of the market of CryptoCurrency from the last 60 minutes.

The number one cryptocurrency leader is Bitcoin, this data was fetched in the last hour. It has an decrease on its trade value to -0.2%, now at 6687.450 dollars from 6700.852. Tether is at the second positi..

The post Bitcoin $6687.450 – CryptoCurrency Trading Report – 24.09.2018 01:07 appeared first on CryptoCurrency Blog.

Source : Wallet Invester
1163 days ago

Bitcoin $6692.560 – CryptoCurrency Trading Report – 24.09.2018 00:07

Hot news: These are the changes of the CryptoCurrency market in the last one hour.

Bitcoin is now leading the rank on the most popular digital currency in the trade market. It has an increase of 0.05% in its exchange rate from 6689.215 dollars now at 6692.560 dollars. Tether is next to the leading crypto Bit..

The post Bitcoin $6692.560 – CryptoCurrency Trading Report – 24.09.2018 00:07 appeared first on CryptoCurrency Blog.

Source : Finance Magnates
3 days ago

Tanzania to Develop Its Own Central Bank Digital Currency

The Bank of Tanzania's Governor said that they have already started the preparations.
Source : Finance Magnates
3 days ago

German Political Parties Call for Regulation on Crypto Blockchain Industry

The SPD, the Alliance 90/The Greens, and the FPD drafted a proposal for crypto and blockchain.
Source : Finance Magnates
3 days ago

Crypto Market Dump Accelerates, Bitcoin Drops 8%

The overall market cap of digital currencies dipped by more than $200 billion in the last 24 hours.
Source : Finance Magnates
3 days ago

Is Ethereum the Ethereum Killer?

Ethereum 2.0 switches from a Proof of Work consensus mechanism to a Proof of Stake consensus mechanism.
Source : Finance Magnates
3 days ago

Swedish Authorities Warn about Cryptocurrency Mining

The financial regulatory authority said that some aspects of cryptocurrency assets are problematic.
Source : Finance Magnates
4 days ago

Think Tank Recommends Bank of Canada to Issue Digital Currencies

The report says that the private sector in Canada could get interested in CAD-pegged stablecoins.
Source : Finance Magnates
4 days ago

Report Says Russians Transact over $5 Billion per Year with Cryptos

Russians are highly active on a global basis in the cryptocurrency market.
Source : Finance Magnates
4 days ago

Net Income of Fortress Technologies Reaches $3.5 Million in Q3

The company increased its active hash rate during the recent quarter.
Source : Finance Magnates
4 days ago

Panther Protocol Closes Public Sale in 90 Minutes, Secures $22M

The DeFi protocol has raised a total of $32 million since its launch.
Source : Finance Magnates
4 days ago

Bitcoin Is Digital Property, Says Michael Saylor

According to Saylor, BTC will be adopted globally as a store of value.
Source : Finance Magnates
4 days ago

Metaverse Users Increase Rapidly, Market Targets $1 Trillion

Grayscale’s new report shows active Metaverse users have jumped by 10x since the start of 2020.
Source : Finance Magnates
4 days ago

Cardano’s ADA Plummets 9% amid eToro’s US Delisting Decision

The token rallied 800 percent since the beginning of this year.
Source : Finance Magnates
5 days ago

Bitcoin Mining Firm Wattum Announces Expansion into Niagara Falls

The crypto mining company expects to power as much as 50 MW per month after deployment.
Source : Finance Magnates
5 days ago

AS Monaco Plans to Introduce Fan Token on Socios.com

The company has partnered with Chiliz for the launch.
Source : Finance Magnates
5 days ago

Ripple Partners with the Republic of Palau for the Digital Currency Strategy

The country is planning to use XRP Ledger (XRPL) for its digital currency.
Source : Finance Magnates
6 days ago

Elon Musk Criticizes Binance for Dogecoin Wallet Limits

The cryptocurrency exchange warned that the limitations could last for another week.
Source : Finance Magnates
6 days ago

Bank of England Remains Skeptical about Stablecoins as Form of Money

BoE's Governor expressed doubts about stablecoins to guarantee financial stability in a digital era.
Source : Finance Magnates
6 days ago

India’s Government Seeks to Ban Private Cryptocurrencies with a New Bill

The next session of parliament starts on November 29 where the bill will be discussed.
Source : Finance Magnates
6 days ago

Staking Contract of ETH 2.0 Reaches $35 Billion Worth of Coins

The crypto community has staked nearly 8.3 million coins under the deposit contract of Ethereum 2.0.
Source : Finance Magnates
6 days ago

CBDCs or Bitcoin: a Fork in the Road?

Can the CBDC experiments work or is the decentralized Bitcoin the way forward?
Source : Bitcoin Magazine
1 days ago

Bitcoin And How To Separate The Wheat From The Chaff

Bitcoin comes amidst a time of great noise and distraction; how does one identify and extract true signal?
Source : Bitcoin Magazine
1 days ago

Bitcoin Retirement And Generational Wealth Planning

Everyone should consider their plans for retirement, and bitcoin can help you achieve this major life goal.
Source : Bitcoin Magazine
2 days ago

Bitcoin And Biases: Agnotology, The Making And Unmaking Of Ignorance

Bitcoin is often subject to misinformation and misrepresentation which in turn creates misconceptions and biases against bitcoin.
Source : Bitcoin Magazine
2 days ago

The U.S. Dollar Implosion: Questions To Consider For Non-Bitcoiners

One approach to orange pilling no-coiners is to simply draw attention to the various economic uncertainties facing the U.S. Dollar today.
Source : Bitcoin Magazine
3 days ago

Bitcoin And Satoshi’s Seed: From Descartes To Quantum Play

Further exploring the dynamics of Bitcoin and play, we find chaos the necessity for creative potential.
Source : Bitcoin Magazine
3 days ago

Bitcoin Wallet Ledger Adds Support for PSBTs, Multisig

The hardware wallet maker released its new Bitcoin application, allowing users to enjoy more complex wallet functionalities.
Source : Bitcoin Magazine
3 days ago

Bitcoin Is The New New World

The American Empire is handling Bitcoin as well as the British Empire handled America.
Source : Bitcoin Magazine
3 days ago

‘Physical’ Bitcoin Fund Approved in Singapore

In addition to an offering that purchases actual bitcoin, Fintonia also launched a bitcoin yield fund.
Source : Bitcoin Magazine
4 days ago

Bitcoin Enables Sovereign Individuality, Our Digital Future’s Holy Grail

Decentralizing technologies like Bitcoin are critical for individual sovereignty in our digital future.
Source : Bitcoin Magazine
4 days ago

The Crucial Role Of Wild Horses In Bitcoin Mining

Wild horses, the unruly mustangs of the bitcoin world, must make up a larger proportion of hash rate for optimal security of the network.
Source : Bitcoin Magazine
5 days ago

Bitcoin Hits All-Time Highs Against Turkish Lira As It Collapses

In a historic event for a G20 country, the Turkish lira is in free fall and making the case for a bitcoin hedge.
Source : Bitcoin Magazine
5 days ago

Satoshi’s Seed: How Bitcoin Changed The World

The “digital fire” that is Bitcoin is an expression of fundamental natural phenomena in digital form.
Source : Bitcoin Magazine
5 days ago

How The Latest Macroeconomic News Is Impacting Bitcoin

Discussing Jerome Powell's reinstatement, a European debt crisis, the rising dollar and more through a Bitcoin lens.
Source : Bitcoin Magazine
5 days ago

International Fair Design Miami To Accept Bitcoin Payments For Artworks

Fairgoers will be able to buy selected objects with bitcoin through Coinbase, Design Miami said.
Source : Bitcoin Magazine
5 days ago

Bitcoin Has Processed More Value Than PayPal This Year

The peer-to-peer network processed 62% more value in dollars than PayPal, a report showed.
Source : Bitcoin Magazine
5 days ago

OneRepublic Becomes First Major US Artist To Be Paid In Bitcoin For Show

Bitcoin payments app Strike enabled the band’s pioneering move, and its lead vocalist plans to do it again next month.
Source : Bitcoin Magazine
5 days ago

Is This Bull Run Bitcoin’s Final Cycle?

Why this bitcoin price bull run could be the market cycle that takes us from gradually to suddenly reaching hyperbitcoinization.
Source : Bitcoin Magazine
5 days ago

El Salvador Children's Hospital Receives Over 1 BTC Donation From US Nonprofit

The Liberland Aid Foundation donated over an entire bitcoin to the Benjamin Bloom National Children's Hospital.
Source : Bitcoin Magazine
5 days ago

Bitcoin Black Friday, Best Bitcoin Deals Return November 26

The best deals in Bitcoin return with Bitcoin Black Friday on November 26, 2021.
Source : Bitcoin Magazine
5 days ago

Morgan Stanley Funds Adding to Bitcoin Exposure, SEC Filings Show

Banking giant Morgan Stanley has revealed some of its funds added Bitcoin exposure in Q3 through the Grayscale Bitcoin Trust (GBTC).
Source : Bitcoin Magazine
6 days ago

The Emergence Of Bitcoin-Native Bonds

El Salvador is using a federated Bitcoin sidechain to issue a bond, a pivotal moment for Bitcoin’s evolution as a financial platform.
Source : Bitcoin Magazine
6 days ago

USD-Denominated Debt Is Now Being Issued To Buy Bitcoin On Nation-State Level

The El Salvador and Blockstream partnership to issue cheap, U.S. dollar-denominated debt to directly buy bitcoin is a new version of speculative attack.
Source : Bitcoin Magazine
6 days ago

Solving Bitcoin's Self-Custody Problem

The cofounder of the U.K.'s longest-running Bitcoin exchange discusses his journey in Bitcoin and the importance of self custody.
Source : Bitcoin Magazine
6 days ago

Lancium Raises $150 Million To Build Bitcoin Mines Running Off Renewable Energy

Houston-based tech company Lancium enables Texas’ grid to dial power demand up and down through bitcoin mining.
Source : Bitcoin Magazine
6 days ago

Bitcoin’s Fair Launch Makes It An Apex Form Of Property

Unlike other cryptocurrencies, bitcoin was not premined and is in unique regulatory position to serve as property for institutions and individuals.
Source : Bitcoin Magazine
6 days ago

The Parallels Between Bitcoin’s Principles And “How To Be Idle”

A study of how exactly Bitcoin’s principles are represented in the 2004 book by Tom Hodgkinson.
Source : Bitcoin Magazine
6 days ago

Gemini Sponsors Bitcoin Core Maintainer Fanquake

Michael Ford, aka Fanquake, is Bitcoin Core’s 5th most prolific contributor and the fourth to be sponsored by Gemini.
Source : Bitcoin Magazine
6 days ago

US Regulators To Clarify How Banks Can Engage With Bitcoin In 2022

The Fed, FDIC, and OCC plan to share detailed guidelines for US banks interested in engaging with Bitcoin in the coming year.
Source : Bitcoin Magazine
6 days ago

Fold App, Niantic To Launch New AR Bitcoin Earning Experience

Fold has partnered with the company behind Pokémon Go to deliver a new bitcoin rewards experience to its users.
Source : Bitcoin Magazine
7 days ago

Bitcoin Is The Single Best Shot At Achieving Liberty In Our Lifetime

How do Bitcoin’s properties present the best opportunity to seize liberty humanity has ever seen?
Source : Bitcoin Magazine
7 days ago

El Salvador To Issue 'Bitcoin Bond' On The Liquid Bitcoin Sidechain

The first country to adopt bitcoin as legal tender aims to raise $1 billion through bond issuance to purchase BTC and invest in infrastructure.
Source : Bitcoin Magazine
7 days ago

The Key Thing I Learned From Bitcoin’s Previous Bull Run

What one action is most important to learning about potential future bitcoin bull runs and how to handle them?
Source : Bitcoin Magazine
7 days ago

Swan Bitcoin Raises $6 Million, Aims To List On Nasdaq By 2024

The bitcoin-only buying app has raised $8.5 million to date and added Lyn Alden to its board of directors.
Source : Bitcoin Magazine
7 days ago

LABitConf Day Two Was Bitcoin’s Time To Shine

Day two of the LABitConf happening in El Salvador held incredible discussions from industry leaders.
Source : Bitcoin Magazine
7 days ago

NFL Star Odell Beckham Jr. To Take Full Salary In Bitcoin

The wide receiver will take his new salary 100% in bitcoin, joining a cohort of NFL players paid in BTC.
Source : Bitcoin Magazine
7 days ago

Latin America's Largest Company To Enable Bitcoin Investments Via Payments App

Brazil customers will soon be able to buy, sell, and hold bitcoin via MercadoPago, MercadoLibre’s payments app.
Source : Bitcoin Magazine
7 days ago

El Salvador's President Nayib Bukele To Speak At Bitcoin 2022 Conference

Bukele will share his experience in pursuing a Bitcoin standard while challenging the assumptions of international bodies.
Source : Bitcoin Magazine
8 days ago

How Profit And Loss Supply Metrics Can Predict Bitcoin Price Rallies

As the most recent bitcoin price rally demonstrates, assessing on-chain data like bitcoin supply profit/loss metrics can be helpful for traders.
Source : Bitcoin Magazine
8 days ago

Why Bitcoin Is Generational Wealth

Bitcoin truly enables people to plan for the future well beyond their own life, a luxury and necessity many throughout history did not have.
Source : Bitcoin Magazine
8 days ago

Bitcoin Helps Poverty Rather Than Hides It

While the world traditionally says that money can’t buy happiness, Bitcoiners acknowledge that money is a necessity for a fulfilling life.
Source : Bitcoin Magazine
9 days ago

Bitcoin Qualia

In Bitcoin possession means knowing you can prove you have a secret without revealing what that secret is.
Source : Bitcoin Magazine
9 days ago

How Large-Scale Bitcoin Mining Is Driving Clean Energy Innovation

As a project in Northern Sweden shows, Bitcoin’s reliance on energy consumption could bring a more sustainable future.
Source : Bitcoin Magazine
9 days ago

Bitcoin Is How We Really Build A New Financial System

Iteration upon iteration of DeFi platforms simply exposes the necessity for the decentralized network of bitcoin to act as a base layer.
Source : Bitcoin Magazine
9 days ago

Bitcoin Versus The People's Ledger

In a comparison of bitcoin and the idealized financial system of Saule Omarova, we find a clear superiority in the real world use of bitcoin.
Source : Bitcoin Magazine
10 days ago

History Shows That Bitcoin’s Sound Money Standard Benefits Society

A sound money standard, like that of bitcoin, has numerous benefits for society in comparison to inflationary, fiat-based standards.
Source : Bitcoin Magazine
10 days ago

Bitcoin Exchange Balances Are At Three-Year Lows

With the bitcoin price falling below $60,000, let's revisit the current state of exchange balances.
Source : Bitcoin Magazine
10 days ago

Bitcoin Multisig Security Options Are Expanding

Emerging apps like Nunchuk 2.0 show that a robust decentralized financial system is being built on Bitcoin with self sovereignty in mind.
Source : Bitcoin Magazine
10 days ago

Discussing How The Dollar Became The Hyperpower Currency

Alex Gladstein provides a historical recount of how the United States rug pulled the entire world and asserted the dollar as the dominant global currency.
Source : Bitcoin Magazine
10 days ago

Square’s Decentralized Bitcoin Exchange Proposal Announced: tbDEX

Jack Dorsey’s TBD Bitcoin project has released the white paper of its decentralized exchange proposal.
Source : Bitcoin Magazine
10 days ago

LABitConf 2021 Day One Exceeded Expectations

Check out the latest from the Latin American Bitcoin and Blockchain Conference taking place in El Salvador.

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