Bitcoin reclaims $62K, analysts say worst is ‘likely behind us’

Whale Alert alleges that crypto scams are skyrocketing in 2020 compared to statistics from 2017. 1096 Total views 25 Total shares Blockchain tracking and analytics platform, Whale Alert, revealed that over the past four years, scammers have stolen over $38 million worth of Bitcoin (BTC).New heights could be reached at the end of 2020Whale Alert’s…

At least 16 applications for Ether or Bitcoin-Ether futures ETFs are awaiting regulatory approval in the United States. 201 Total views 6 Total shares The United States Securities and Exchange Commission (SEC) is likely to approve multiple applications for Ether futures exchange-traded funds (ETFs) at the same time, the Wall Street Journal reported, citing sources…

Eight months after its launch, Huobi’s Australian subsidiary is to be subsumed under the Huobi Global canopy, according to an official tweet published on Feb. 24. In a Facebook post published today, Feb. 25, Huobi Australia cited the crypto market slump and fresh redundancies as the reason for the development.As previously reported, Singapore-headquartered Huobi Global…

Avail, led by a Polygon co-founder, raises $75 million to tackle Web3 challenges like fragmentation and data availability.

Second layer blockchain scaling platform Celer Network has partnered with customer relationship management (CRM) startup Cere Network to launch a decentralized CRM solution.Low-cost CRM platform for business inclusionAccording to a press release shared with Cointelegraph on Oct. 7, Cere Network’s capacity will be increased “to provide for the world’s largest enterprises with a low-cost, fast,…

Bitcoin’s (BTC) price has been grinding up nicely over the past few weeks, but the past 24 hours have seen a significant correction. BTC price dropped by over $10,000 from $58,000 to under $48,000, a correction of almost 20%. This pullback — which many anticipated as 28,000 BTC was deposited to Gemini — also caused other cryptocurrencies…

As banks look to tokenize currency and USDT volume rises, experts see a bright future for stablecoins. 1161 Total views 25 Total shares In a June 24 webinar put on by the Chamber of Digital Commerce, major figures from the crypto community spoke about the growing role of stablecoins.Long-term view of stablecoinsOne of the guests…

Google Cloud Neural Networks worked with its artificial intelligence (AI) software to make art. Not just any art — nonfungible token (NFT) art. The AI transformed all 10,000 Bored Ape Yacht Club NFTs into machine-made works of art. These pieces of art take the form of abstract paintings. However, when viewed closely, the paintings take an…

Cryptocurrency tracking resource CryptoCompare's recent study has shown that 85 percent of crypto assets allow development teams to alter their platforms. The report was published Wednesday, Oct. 17, on CryptoCompare's website.To create the report, CryptoCompare reviewed hundreds of crypto and blockchain projects, with experts detecting a tendency towards centralization set by utility tokens that are…