Researchers have concluded that the recent Ether transfers that spent over $5 million in gas fees are the result of hackers trying to extort a compromised exchange. Over the past week, the crypto community has been left befuddled by three small Ether (ETH) transfers that incurred millions of dollars in fees. However, new reports have […]
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Wilshire tells Cointelegraph how its publicly listed Bitcoin fund will differ from other U.S. competition. The founder of investment firm Wilshire Phoenix, William Herrmann, said his firm’s recently filed U.S. Bitcoin fund notably differs from anything else currently on the U.S. market, based on its Bitcoin price sourcing and involved third parties. In an email […]
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The proportion of people who trust big banks has fallen drastically since 2017, while the support for Bitcoin has exploded — millennials lead the way. The survey results are in — there is almost an equal split on the issue of trust: Bitcoin (BTC) or big banks. There has also been an incredible change in […]
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Blockchain’s evolution path is similar to the invention of the internet, and we are already in its second phase. The internet started its life over 30 years ago, and since then, it has penetrated almost every aspect of our lives. Today, it underpins virtually everything we do. In fact, it’s difficult to imagine our lives […]
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Bitcoin price searches for support in order to maintain the current uptrend. The price of Bitcoin (BTC) was unable to break through the resistance zone at $10,000 and corrected nearly 10% in a day. The drop down occurred on the same day that U.S. equity markets saw a substantial retracement. These moves automatically made investors […]
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KuCoin has launched credit card support for 17 new fiat currencies, with the exchange expanding its services to Latin American and Eastern European customers. Seychelles-based crypto asset exchange KuCoin has significantly expanded its fiat on-ramps, introducing support for 17 national currencies on June 12. KuCoin now supports credit card purchases denominated in over 50 fiat […]
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Takeshi Fujimaki, a former adviser to George Soros, said it was “not a surprise” to hear Paul Tudor Jones’ bitcoin revelation. When macro investor Paul Tudor Jones, or PTJ, confirmed he was investing in Bitcoin, it sparked an uptick for the whole crypto market. Many crypto traders welcomed his surprise move, noting it was a […]
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Binance’s founder said Twitter is not part of some broader goal, but a way to interact with the crypto community. Active Twitter user Changpeng Zhao, or CZ, CEO of crypto exchange giant Binance, explained his use of social media, which has played a key role in his exchange’s community engagement. CZ said his Twitter activity […]
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2020 has been one of BTC’s most volatile periods, but why do cryptocurrency exchanges keep crashing under high demand? Nobody can really predict Bitcoin’s (BTC) price volatility. But one thing is becoming painfully predictable when the price of Bitcoin suddenly lurches in one direction or another: One or more of the major cryptocurrency exchanges simply […]
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Once Ethereum becomes a proof-of-stake blockchain, what will happen to the ETH miners, and what will they do? As Ethereum is finally set to launch its Ethereum 2.0 upgrade later this year, putting an end to a long streak of delays, the network will start moving toward a proof-of-stake model. Consequently, the network will abandon […]
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