Representatives of companies that were allegedly hacked strongly deny the allegations, stating that the exploit had been fixed years ago. According to a report by an online monitoring web portal, Under the Breach, a hacker was able to penetrate the privacy protocols of major firms such as Trezor, Ledger and Bnktothefuture on May 24 and […]
Continue Reading
Google Cloud, Binance, Blockchain Ventures, and Gumi Cryptos have been announced as Enterprise Validators for the Theta network amid its mainnet 2.0 rollout. Esports and crypto conference streaming app Theta has confirmed its rumored partnership with Google, announcing Google Cloud as an Enterprise Validator and launch partner for Theta mainnet 2.0. The Enterprise Validator Program […]
Continue Reading
Coinbase is acquiring the prime cryptocurrency brokerage Tagomi as part of its evolving strategy for institutional investors. Major cryptocurrency exchange Coinbase is acquiring the Peter Thiel-backed prime crypto brokerage Tagomi. In an announcement on May 27, the exchange claimed the acquisition agreement came at “an inflection point in the industry,” a moment when increasing numbers […]
Continue Reading
RBI’s recent response to an information request shows that Indian banks are not prohibited from dealing with cryptocurrency business. India’s central bank, the Reserve Bank of India, seems to finally be clarifying its stance on financial services for cryptocurrency-related businesses. In response to a right to information request, the RBI clarified that there are no […]
Continue Reading
The $2.5 million investment in India’s largest crypto exchange comes from Polychain Capital and Coinbase Ventures. CoinDCX, India’s largest cryptocurrency exchange, announced that it had raised $2.5 million from investors including Polychain Capital and Coinbase Ventures, the investment arm of crypto exchange Coinbase. The investment comes shortly after the exchange’s Series A funding round in […]
Continue Reading
It will still take time to stabilize the miner revenue from fees before the Bitcoin network can display some healthy growth. The third Bitcoin (BTC) halving has settled, and the Bitcoin network has just experienced its first difficulty adjustment post third halving. The difficulty has decreased from 16.1 trillion to 15.14 trillion, which is about […]
Continue ReadingThe launch of support for OmiseGo sees an 80% trading premium, a sudden price breakout and renewed accusations of insider trading. Controversy has returned to cryptocurrency exchange Coinbase after an altcoin it listed surged 200% in 15 minutes — only to crash immediately afterward. Currently a topic of interest on social media, Coinbase’s listing of […]
Continue ReadingThe price of Bitcoin fell from $9,800 to $9,200, and it was most likely caused by five key factors. The price of Bitcoin (BTC) fell from $9,800 to as low as $9,200 on major exchanges overnight. It comes after BTC demonstrated relatively low volatility in the past week, ranging in between $9,900 and $9,500. The […]
Continue Reading
According to a new report, African nations have the highest rates of cryptocurrency adoption throughout the world. A new report published by Arcane Research shows that African countries have some of the highest cryptocurrency ownership rates worldwide. South Africa ranked third throughout the world with 13% of its internet users owning or using cryptocurrencies. Nigeria […]
Continue Reading
Hotel booking service Travala.com and flight booking website TravelByBit — both of which accept cryptocurrencies as payment — announced the merger of their platforms. Hotel booking service Travala.com and flight booking website TravelByBit — both of which accept cryptocurrencies as payment — announced a merger of their platforms. According to an announcement on May 20, […]
Continue Reading