New research suggests Tether Treasury is not pumping Bitcoin’s price, contrary to popular belief. Stablecoins are not driving up the price of Bitcoin and other cryptocurrencies, according to a new study from the Centre for Economic Policy Research. Academics Richard K Lyons from UC Berkeley and Ganesh Viswanath-Natraj from the Warwick Business School looked at […]
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CoinMarketCap is now using an automated crypto payments system to raise invoices and receive funds. CoinMarketCap (CMC) has deployed a totally automated digital currency payments solution, from finance network Gilded. Gilded Chief Operations Officer (COO) Neal Roche told Cointelegraph the automated approach solved a lot of issues currently facing crypto invoicing and payments: “Most companies, […]
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City officials from Torrance were left red-faced after the private data they denied had been stolen was published by a ransomware gang. A ransomware gang has published personal and financial data from the Californian City of Torrance online — and threatened to reveal 200GB more unless their demands are met. Calling themselves DoppelPaymer, the ransomware […]
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Bitcoin price continues to flash bearish signals but Ether’s bullish trend may prevent a BTC downtrend. Ether price has rallied 114% since March 13 and the altcoin could be on the verge of rallying higher. Increased activity on the Ethereum blockchain and the approaching ETH 2.0 launch appear to be bolstering Ether price and these […]
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The on-chain activity for stablecoins has increased 800% in the last 12 months. The on-chain activity for stablecoins has increased 800% in the last 12 months according to market intelligence firm TokenAnalyst. This growth is not surprising considering the overall growth of the stablecoin niche. The combined market cap for all stablecoins ranks third in […]
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An investigation provided in-depth info regarding how sextortion scams remain profitable for cybercriminals. A study carried out by SophosLabs in conjunction with cryptocurrency intelligence company, CipherTrace, revealed that sextortion scams are a profitable business. Between September 1, 2019, and January 31, 2020, nearly $500,000 in profits we gained by cybercriminals engaging in sextortion. According to […]
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Blockchain technology is becoming more and more common in the traditional finance market with stablecoins and CBDCs — could these bring stability for the crypto industry? Stablecoins have become widely popular in the digital currency industry because they don’t have the volatility associated with other cryptos like Bitcoin (BTC) for instance. Despite their popularity, the […]
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The bounce in most major cryptocurrencies shows demand at lower levels and also increases the possibility of an up move in the next few days. The recent carnage in US crude oil futures and the selling in Brent affected the equity markets but did not cause any noticeable fall in the crypto markets. This is […]
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After successfully completing its first hard fork in August 2019, privacy coin Beam plans to execute its second hard fork in June 2020. Privacy-focused altcoin, Beam (BEAM), will soon execute its second hard fork. This fork will upgrade its Proof-of-Work (PoW) algorithm and activate new network features. According to an April 22 blog post, Beam’s […]
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A behind-the-scenes look at the impact to and recovery from China’s blockchain industry following the initial coronavirus outbreak. The COVID-19 pandemic is threatening to plunge the world into the deepest crisis since the Great Depression and could deprive global economies of $5.5 trillion over the next two years. China’s economy shrank for the first time […]
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