Bitcoin volatility ‘ramping up’ above ATH levels as price retests $62K
Bitcoin’s volatility is now higher than it was on the day of its all-time high in March, with traders suggesting this could signal the end of the “massive consolidation.”
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Rari Capital allocates $26M from developer fund to compensate hack victims
Up to $26 million worth of Rari’s governance token may be distributed among users impacted by a hack that drained $10 million from the protocol this past weekend. 3297 Total views 14 Total shares Following a $10 million exploit over the weekend, decentralized finance protocol Rari Capital is formulating a plan to compensate victims.According to…

Altcoins hit new highs after bulls kick Bitcoin price back above $50K
A quick short squeeze catapulted Bitcoin price above $54,000 and a handful of altcoins rallied to new all-time highs. 2921 Total views 23 Total shares Cryptocurrency investors breathed a sigh of relief on April 26 as the sharp reversal in the price of Bitcoin (BTC) was accompanied by a market-wide recovery that has a majority…

Twitter Wouldn’t Be Hacked If It Were Backed by Blockchain Technology
Murphy’s law states: “Anything that can go wrong will go wrong.” It always happens with centralized services. A year ago, we saw how half a million Facebook accounts were leaked online, exposing personal data. We will see it many times more with other services. The recent Twitter hack underscores this once again. The accounts of…

Celsius announces only transfers from accredited US-based investors will be able to earn rewards
Only “verified accredited investors” in the United States will be able to add coins to their Earn accounts starting on April 15 while users outside the country will be unaffected. 317 Total views 9 Total shares Crypto lending firm Celsius Network has announced it will be launching a custody solution for users based in the…

Bitcoin Price Holds $7.1K Amid More Warnings a $5K Retest Is Coming
Bitcoin (BTC) continued to shoot for $7,500 on April 8 as bullish momentum kept support at $7,000 firmly intact.Cryptocurrency market daily overview. Source: Coin360$7K holds firm for BTCData from Coin360 and Cointelegraph Markets showed BTC/USD trading in a rigid $300 corridor on Wednesday, keeping volatility between $7,100 and highs of $7,410.Bitcoin 1-day price chart. Source:…

Telegram Agrees to Hand Over Trove of ICO Documents to SEC
Telegram has agreed to provide communications relating to purchase agreements between the firm and the initial purchasers in its 2018 ICO. Telegram has filed an order of consent agreeing to provide a trove of communications and documentation requested by the United States Securities and Exchange Commission (SEC) on May 7.The communications concern the distribution of…

Bitcoin mining company follows Tesla by setting up shop in Austin
Tech companies like Oracle, Tesla, Hewlett Packard, and now Blockcap are moving to Austin, causing many to call the state capital the Silicon Hills. 722 Total views 17 Total shares North America-based crypto mining company Blockcap announced over the weekend it would be establishing new offices in Austin, Texas.In an announcement from Blockcap on Friday,…

Fortune did not, in fact, favor the brave: Matt Damon’s Crypto.com TV spot turns one
Many in and out of the crypto space have parodied Matt Damon's appearance promoting the crypto exchange following the market downturn in May. 279 Total views 4 Total shares The crypto industry has had its share of issues with marketing, from projects many authorities labeled as scams to high-profile branding with sports franchises, but one…