Two Canadian nationals will spend 24 months in a U.S. federal prison for stealing 23.2 Bitcoins in a scam executed on Twitter. Two Canadian nationals have been sentenced to two years in a United States federal prison for stealing 23.2 Bitcoin (BTC) through a scam on Twitter in 2017. According to the U.S. Department of […]
Continue Reading
A post mortem on the DDoS attacks that hit the exchange last week is the first in a series of steps BitMEX will take to increase transparency amid criticism. The meltdown at derivatives giant BitMEX, during which Bitcoin (BTC) fell to $3,600, has seen the company payout compensation worth a modest $200,000. In a blog […]
Continue Reading
Starbucks mobile app users will soon be able to pay for their coffee and snacks using Bakkt Cash. A major digital asset platform is making it even easier to order that double espresso with an extra shot. Starbucks mobile app users will soon be given the option to pay for their drinks with “Bakkt Cash.” […]
Continue Reading
Major global chipmaker Nvidia launched an initiative to reallocate unused GPU power to COVID-19 research. The fight against the Coronavirus pandemic has reached the spheres of GPU mining, as the U.S. chip manufacturer NVIDIA launched a proposal for all users to use their computer resources to help the cause. Through Reddit, the technology firm said […]
Continue Reading
Experts believe that BitMEX’s lack of transparency during the recent outage caused investors to lose some confidence in the exchange. On March 13, trading giant BitMEX was thrust into the middle of a controversy that saw the premier exchange face an operational outage that lasted for about 25 minutes. During the downtime, rumors spread throughout […]
Continue Reading
Cryptographer and leading software engineer at a Ripple team, Nik Bougalis, offers advice on remote work management to firms amid the coronavirus pandemic. Cryptographer and leading C++ software engineer at Ripple Nik Bougalis offers advice on remote work management to firms amid the coronavirus pandemic. In a March 16 tweet, Bougalis offered his help to […]
Continue Reading
The recent cryptocurrency crash has propelled many stablecoins up the market cap rankings, with six dollar-pegged crypto assets currently ranking in the top 50. While most cryptocurrencies have seen their market capitalization slashed over the past month, the market meltdown has seen stablecoins ascend the market cap rankings. As of press time, six stablecoins currently […]
Continue Reading
The cryptocurrency’s ability to keep functioning despite price fluctuations is making it increasingly at odds with liquidity injections and circuit breakers. Bitcoin (BTC) has failed to hold onto gains once again as commentators warn that the interest rate cuts by the Federal Reserve are “not a drill.” After the United States’ central bank cut rates […]
Continue Reading
A popular crypto analyst has come under fire for allegedly manipulating screenshots to bolster the purported performance of his trades. A crypto market analyst with more than 63,000 followers has come under fire for allegedly photoshopping numerous screenshots to give the impression that his trades were more successful than they actually were. A Twitter user […]
Continue Reading
Cardano is working on implementing commercial infrastructure, Charles Hoskinson says development is on schedule. Proof-of-stake (PoS) blockchain Cardano (ADA) is working on implementing commercial infrastructure. The coin’s officials have reassured the public that development is on schedule. During a March 13 YouTube livestream, Charles Hoskinson — the CEO of IOHK, the firm behind Cardano — […]
Continue Reading