Taiwanese digital currency trading platform Maicoin has entered talks with social media giant Facebook regarding its possible membership in the Libra Association. Taiwanese digital currency trading platform Maicoin has entered talks with social media giant Facebook regarding its possible membership in the Libra Association. As local English language media outlet Taipei Times reported on Aug. […]
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The liquidator of hacked cryptocurrency exchange Cryptopia claims to have made progress toward securing and preserving funds. Professional services firm Grant Thornton claims that it is progressing in securing and preserving the cryptocurrencies of hacked cryptocurrency exchange Cryptopia. In a press release published on Aug. 21, Cryptopia’s liquidator claims to “have made good progress towards […]
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Tether is reportedly planning a Chinese yuan-backed stablecoin to meet the growing demand for cryptocurrencies in the country. Stablecoin operator Tether plans to issue a Chinese yuan-backed stablecoin, local industry media ChainNews reports on Aug. 21. Tether to issue a renminbi-pegged stablecoin Bitfinex shareholder Zhao Dong informed the outlet that Tether — the stablecoin operator […]
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After failing to reclaim the $11,000 threshold on Monday, Bitcoin price has again dropped below $10,000. After failing to reclaim the $11,000 threshold yesterday, Bitcoin (BTC) price has dropped again to four figures. After the biggest cryptocurrency rapidly dropped $700 in minutes earlier today, the bearish movement continued as Bitcoin dipped below $10,000 price mark. […]
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The bank has failed in its duty to respond to complaints over the ban it instigated last year, judge rules. India’s supreme court has slammed the country’s central bank over its handling of a cryptocurrency business ban and ordered it to address complaints. Judge: RBI has not properly responded to representation In the latest session […]
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The Financial Times’ chief correspondent for international finance has argued that central banks can ironically be credited for boosting Bitcoin’s price. The Financial Times’ chief correspondent for international finance has argued that central banks can ironically be credited for igniting Bitcoin’s price. In a column for Nikkei Asian Review on Aug. 21, Henry Sender said […]
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Losses in Sichuan Province have failed to dent Bitcoin performance, in sharp contrast to 2018. Bitcoin (BTC) network hash rate remains near all-time highs despite fresh turmoil in China as floods wipe out mining operators. Bitcoin mining farm ‘devastated’ As various Twitter users reported on Aug. 20, the rainy season in China’s northwestern Sichuan province […]
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Cryptocurrency investor and Placeholder partner Chris Burniske has argued that Ether is enduring its first mainstream bear market, just as Bitcoin did back in 2014-15. Cryptocurrency investor and Placeholder partner Chris Burniske has argued that Ether (ETH) is enduring its first mainstream bear market, just as Bitcoin (BTC) did back in 2014-15. In a tweet […]
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Praxxis is the second cryptocurrency to launch with Chaum at the helm in twelve months. E-cash inventor David Chaum has unveiled yet another cryptocurrency which he says is resistant to quantum computer attacks. Chaum plans for quantum armageddon In a blog post issued Aug. 20, Chaum championed the new offering, Praxxis, which has seen a […]
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Investors are in panic mode as losses extend to almost $700 in a matter of hours. Bitcoin (BTC) price faced fresh bearish sentiment Aug. 21 after a rejection of $11,000 sent markets tumbling hundreds of dollars in minutes. Market visualization. Source: Coin360 $9K Levels on horizon for Bitcoin price Data from Coin360 shows BTC/USD topping […]
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