Cryptocurrency exchange Poloniex experienced unscheduled downtime before resuming trading for all its pairs but GRIN/BTC. Cryptocurrency exchange, Poloniex, experienced unscheduled downtime on April 24 before resuming trading for all pairs except GRIN/BTC. Poloniex announced in a tweet sent that the exchange had to halt its activity due to an unexpected issue. Interestingly, the exchange warns […]
Continue ReadingMulticoin Capital partners reveal their investment process. According to Coinopsy.com, over 1,500 cryptocurrencies have collapsed in the past eight years. With so many failures, what is the best way to determine which projects are worth investing in, and how can these projects be found? CEO of Civic, Vinny Lingham, and co-founder of Multicoin Capital, Kyle […]
Continue ReadingThe World Bank predicts global remittances will decline by one-fifth this year, offering a poor outlook for cross-border crypto remittance firms. The World Bank has predicted that the global remittance industry will retract by 20% amid the global economic slow-down resulting from the coronavirus pandemic. With a plethora of crypto firms targeting the remittance sector, […]
Continue ReadingBitcoin is close to breaking out of its overhead resistance. This has resulted in strong price action in some altcoins, which suggests that the investor sentiment is bullish. The total crypto market capitalization has bounced from just below $200 billion on April 22 to over $214 billion at press time. This is a positive sign […]
Continue ReadingBinance recently broke the 1,000 employee mark, showing tremendous growth since its ICO. Major crypto exchange, Binance, now has over 1,000 employees, showing tremendous company growth since its 2017 start. “When Binance first started in 2017, there were under 50 people,” Binance co-founder, Yi He, told Cointelegraph on April 23. “We have more than 1,000 […]
Continue ReadingSurvey finds a lack of knowledge among the general public may be the biggest hurdle to mainstream crypto adoption. A survey published by peer-to-peer Bitcoin (BTC) marketplace, Paxful, has found that Americans with a working knowledge of cryptocurrency believe that the largest barrier to mainstream crypto adoption is a ”lack of knowledge” among the general […]
Continue ReadingThe record number of Bitcoin hodlers are hedging their savings against central banks. The number of addresses holding at least 0.1 Bitcoin (BTC) has exceeded the 3-million mark for the first time as hodlers brace for the halving. Source: glassnode Analysts who adhere to the efficient markets hypothesis, believe that the halving is already priced […]
Continue ReadingAn ICO digital ads startup is going through hard times as its two co-founders confess to having created a clone of their own company that sold the same products. The co-founders of Bidooh, a British digital advertising firm, admitted to stealing intellectual property from their own company with the intention of selling it to third-parties. […]
Continue ReadingDoes blockchain technology grant enough anonymity? Experts’ opinions vary, as some say the technology hasn’t lived up to the expectations. The first blockchain was launched more than 10 years ago and since then, it has evolved from simply being a backbone for Bitcoin (BTC) to a global technological phenomenon. In some sense, the distributed ledger […]
Continue Reading
The March 12 Bitcoin price crash has put its safe-haven narrative under stress, but the true stores of value are extremely static assets. The price of Bitcoin (BTC) suffered a tremendous crash on March 12, falling from almost $8,000 to stabilize at around $5,000, a loss of about 40% in the span of less than […]
Continue Reading