Another cryptocurrency exchange delists XMR in South Korea in the midst of the Nth room sex scandal case. Cryptocurrency exchange, Bithumb, officially announced that they will be delisting Monero (XMR) from their trading platform as of June 1. According to local media outlet, Newsway, Bithumb’s delisting auditory board decided to permanently remove the coin after […]
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Bitcoin price is encouragingly posting higher lows while being rejected by the $10,000 level suggests that more downside could be expected. The price of Bitcoin (BTC), the top cryptocurrency by market capitalization, is trading down 2.59% for today’s session at $9,540, erasing the push towards $10,000 late on Thursday. Ether (ETH), the second biggest crypto […]
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Continuing to outpace mainstream markets, Bitcoin flexes gains more than double that of gold. Amid unstable global financial conditions, Bitcoin continues its path as a juicy-looking hedge asset, based on its gains comparative to gold. Sitting at a press time price of $1,717 per ounce, gold has risen approximately 12% from the start of 2020, […]
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The coronavirus pandemic forces humanity to shift to digital services, and blockchain could provide the required trust and security. Milton Friedman called it the tyranny of the status quo. It is a resistance to change that imprisons us in the moment and blinds us to potential. Yet, despite it all, innovation proves inevitable and change […]
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$220 million in Bitcoin has left exchanges since the halving. Do users not trust exchanges or simply see it as a store of value? Almost 24,000 Bitcoin (BTC) have been withdrawn from exchanges since Bitcoin’s halving on May 11, according to Bitcoin Exchange Net-Flow data from on-chain market analysis platform Glassnode. The trend of Bitcoin […]
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Binance froze ETH previously stolen from Upbit immediately after the suspicious transaction was reported. An address associated with the $50 million hack of South Korean crypto exchange, Upbit, has moved some of the stolen Ethereum (ETH) to Binance. The world’s biggest exchange immediately froze these funds on its platform, and has initiated an investigation. On […]
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Recent reports show an unprecedented increase in the number of women involved in the crypto market, some exchanges see a 160% surge. It is widely believed that the cryptocurrency and blockchain sectors are almost exclusively male-dominated. However, a report released by CoinMarketCap on April 30 suggests otherwise. According to analysts, the number of women in […]
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Viewers polled at Consensus: Distributed believe Gerald Cotten from the defunct crypto exchange QuadrigaCX may still be alive. Eighteen months after Gerald Cotten, founder and Chief Executive Officer (CEO) of QuadrigaCX, was reported to have died while doing volunteer work at an orphanage in India, and most crypto users apparently believe he’s still alive. The […]
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Emerging technologies such as blockchain are reshaping the landscape of the traditional financial system in Europe. By spring 2020, it became inescapable that we now live in a world with an unraveling future. The once-imminent shift, now fueled by the coronavirus outbreak, has accelerated the pace of technological adoption, and the financial field was among […]
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While miners took a double hit, the combination of the pandemic and halving could provide an unlikely tailwind to the crypto industry at large. Normally, little is unexpected concerning the regular, pre-programmed adjustment of the Bitcoin network’s mining reward size, otherwise known as halving. Baked into the digital currency’s original protocol, the anti-inflationary mechanism gets […]
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