Most of the top five cryptocurrencies are attempting to form long-term bottoms, which are unlikely to be revisited after the next uptrend starts. Bitcoin and the crypto universe are going through one of the toughest periods as the world battles the coronavirus pandemic. The central banks and governments are trying to support the economy by […]
Continue ReadingOobit’s Hunter fails to deliver on ‘skyscanner’ promises and appears to comprise a collection of affiliate links. Peer-to-peer, or P2P, trading platform, Oobit, has launched its purportedly SkyScanner-styled Bitcoin (BTC) price aggregator, Oobit Hunter. Oobit has also launched ‘Pass’ — “a single KYC passport for use on multiple trading platforms” that allows traders to access […]
Continue ReadingThe Bitcoin miner reward halving is almost here, but what if there’s no price pump? Can the miners stay afloat? With the COVID-19 pandemic grabbing most headlines the past few weeks, the cryptosphere has been directing some of its attention toward Bitcoin’s reward halving. With the event just four weeks away and the Bitcoin Cash […]
Continue ReadingThe lead plaintiff in a lawsuit against ATB Coin for its $20 million ICO will settle the case for just $250,000. In a continuation of ATBCoin’s class action lawsuit over its $20 million dollar Initial Coin Offering, or ICO, the lead plaintiff has filed to settle the case for 1.5% of the total raised. While […]
Continue ReadingHave users lost trust in BitMex since Black Thursday’s outage? Since Black Thursday, BitMex users have been withdrawing Bitcoins (BTC) from the exchange in droves. On March 13, BitMex held 306,814 Bitcoins (BTC), by April 9, this number had dropped to 222,025 — this represents a 38% decrease in Bitcoin holdings. Source: TokenAnalyst Although it […]
Continue ReadingCould 11 class-action lawsuits filed against major players from the crypto space do damage to the industry, or will they help it mature? Roche Cyrulnik Freedman LLP, working with Selendy & Gay PLLC, filed 11 class-action lawsuits on April 3 in the Southern District of New York against seven token issuers and four of the […]
Continue ReadingAs the global coronavirus pandemic continues to rage on, quarantined gamers are increasingly looking towards blockchain games. As more people self-isolate due to the coronavirus pandemic, gaming platforms all over the world have seen a spike in traffic. One report notes that cell network company Verizon claimed that online gaming platforms have seen a 75% […]
Continue ReadingSamourai Wallet’s Bitcoin mixing CoinJoin service saw its monthly volume triple to over $10 million during March. Volume for Samourai Wallet’s non-custodial Bitcoin mixer, Whirlpool, tripled last month, with the service processing more than $10 million worth of Bitcoin (BTC). According to data published to Twitter by Whirlpoolstats’ Matt Odell, March activity comprised 40% of […]
Continue ReadingDoes the FDIC’s recent video urging against bank runs relate to crypto? Wilshire Phoenix’s CEO and a former CBOE trader weigh in. The Federal Deposit Insurance Corporation, or FDIC, recently posted a video urging the public not to rush to banks for cash withdrawals. Does this relate to crypto? “Your money is safe at the […]
Continue ReadingChina holds more blockchain patents, but the number of U.S. companies invested in blockchain is greater. China is rapidly catching up to the United States with regard to blockchain-related investments, according to a recent report put together by New York-based research firm CB Insights. The researchers found that the East Asian country accounted for 22% […]
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