Bitcoin's booming 'permanent holder demand' positions BTC price for $116K

Bitcoin (BTC) whales in South Korea have been selling heavily across major exchanges throughout the past week. Data shows that multiple $100 million deposits to Bithumb have been spotted in the last three days alone.By volume, South Korea has a much smaller cryptocurrency exchange market compared to the United States. Yet, South Korea’s cryptocurrency exchanges…

The transaction volume going through the EIDOS decentralized application (dApp) has massively skewed the results of the 2019 dApp Market Report, published Jan. 20. The token airdrop dApp on the EOS blockchain, saw almost three times as many transactions in 2019 as all of the other dApps on nine leading platforms combined.Perhaps the most notable…

A surge in subscribers and hotspots are key factors in HNT’s recent double-digit surge.

Plasm Network and Secret Network, two projects based on Polkadot and Cosmos, respectively, have launched the first iteration of a bridge to connect the two ecosystems, each representing a different “layer-0” protocol.The bridge, deployed on Tuesday on Plasm’s testnet, allows users to transfer assets between Plasm Network and Secret, allowing them to enjoy transaction privacy…

Cybersecurity firm Imperva found a vulnerability that could be used to leak user information such as email addresses and phone numbers, which has now been patched. 181 Total views 8 Total shares Own this piece of history Collect this article as an NFTNonfungible token marketplace OpenSea has reportedly patched a vulnerability that, if exploited, could…

Australian crypto exchanges have praised plans from the Australian Treasury to regulate cryptocurrency exchanges under pre-existing financial services licensing measures.In an Oct. 16 consultation paper, the Treasury outlined a new suite of proposed regulations, that suggested regulating cryptocurrency exchanges under existing financial services rules as well as introducing a wealth of new guidelines for all

Having just recently announced plans to close shop, Bitcoin payments facilitator Purse.io says it is now reconsidering due to “an incredible outpouring of support from the community.” 930 Total views 18 Total shares Having just recently announced plans to close shop, Bitcoin (BTC) payments facilitator Purse.io says it is now reconsidering due to “an incredible…

Floating Point Group informed customers that withdrawals had been halted after experiencing a security breach on Sunday evening. 47 Total views 1 Total shares Cryptocurrency brokerage firm Floating Point Group (FPG) has confirmed it has halted trading, withdrawals and deposits on its platform after falling victim to a cyberattack on June 11. FPG estimates the…

A Bloomberg report, analyzing data from 13 top exchanges, shows that within a very short span of time, Bitcoin (BTC) futures trading volume has grown to about 50% of spot trading volume. This is the sign of a maturing asset class. Successful operation of the futures market may provide regulators with the  confidence they need…