Binance Leaps to Number 1 One of the leading crypto market aggregators saw a turnaround in its methodology. With this came a sharp turnaround for the positioning of Binance in the rankings. Around the time of last year, you could have seen our Binance review of its position to find it sat in the fourth …
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Node Count for BTC Falls to 3-Year Low According to data from one of the critical Bitcoin developers. The number of computers running the BTC program has fallen to the lowest level in the past three years. Operational nodes dropped to below 47,000, which have not been at such levels since 2017. The drop is …
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Bitcoin Nears Its Next Halving The long-awaited event with BTC halving is so close. As for the latest block, the world is 99% way there. It will take everyone to unexplored territory, and BTC can be twice as rare as the real-world currency, which is being printed at unprecedented levels. There has been much debate …
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Libra Coin in Turmoil There are a couple of bits of bad news surrounding Libra Coin. The most significant being PayPal has pulled out of the project. The Wall Street Journal made it known that PayPal has since decided not to continue with its participation in Facebook’s crypto project. However, PayPal does still support the …
This Week in Crypto – Libra Coin in Turmoil, Lost Crypto, Bitfinex Lawsuit Read More »
Everyone knows Facebook has over billions users around the world. Now, the company wants to introduce its own cryptocurrency, which they have high aspirations of it competing with Visa and Mastercard for ease of payments for everyone. While they have a massive user base, there is much more to release a new cryptocurrency than just …
Bitfinex Still Accessible to US-Based Traders It appears traders, which are United States-Based, can still gain access to the Bitfinex crypto trading services. This is on top of claims the company isn’t active in the State of New York. Sources remained anonymous, yet they made the information available to “The Block” they accessed Bitfinex inside …
Binance Coin (BNB) has climbed unrealistically to the seventh largest market-cap crypto. In January, Binance Coin traded at $6, which was well below its all-time high of $24.50 a year ago. BNB lost over 75% of its value in 12 months and suffering a similar fate to other crypto currencies. This month BNB reached a …
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Traders Pull $175 Million From Bitfinex Over the past day or so, there has been a flurry of activity from crypto traders who have been busy withdrawing $175 million of BTC, ETH and XRP from Bitfinex. Watchers saw several transfers out of the exchange to undisclosed wallets. All this came about when there were a …
Bitcoin Trading a Hoax New research throws even more doubt on the legitimacy of bitcoin trading. A report by Bitwise shows that 95% of BTC spot transactions are distorted by unregulated trade. This ties in with the Wall Street Journal’s concerns that it is too easy to manipulate the market. Bitwise, an asset manager, reported …
OneCoin Crypto Scam Ringleader Nabbed The FBI arrested the OneCoin ringleader at LAX (Los Angeles International Airport). The US government alleges Konstantin Ignatov was one of the masterminds who instigated the start of the crypto pyramid scheme that was worth billions. Around the world, OneCoin has faced fines and actions toward criminal prosecutions (especially India), …
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Spyware Creator Working With Coinbase Online privacy is always a huge debate. More recently there is legislation that has been passed which should deliver more protection for users data. These include GDPR, BDSG-New, and CCPA as the main ones. While many people as for why there is a need for privacy if nothing wrong is …
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Bitcoin Asics Suffer from Ransomware The crypto industry hasn’t been left out of facing some shady players in the industry. This was confirmed on Wednesday when some reports rose that a strain of ransomware was striking, or had struck blockchain miners. Taken from the ZDNet report, the virus which is called hAnt started to sweep …
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