Crypto Biz: The Year of Bitcoin

Bolstered by the new coronavirus pandemic, scams continue to be rampant in the cryptocurrency world. From malware to fake investment programs and even fake donations to health organizations, scammers are known for taking advantage of desperate times and desperate people. One of the most prominent scams in the industry, PlusToken, has come under the spotlight…

The crypto analytics provider says a security breach of a third-party vendor has affected nearly 7% of users in the system who were promptly informed of the incident. 131 Total views 1 Total shares The prominent crypto and blockchain analytics company Nansen posted on social media platform X that one of its third-party vendors suffered

Bitcoin (BTC) returned to a key focal point on June 1 as the monthly close delivered disappointment.BTC/USD 1-day candle chart on Bitstamp. Source: TradingViewBTC price "fills" latest CME futures gapData from Cointelegraph Markets Pro and TradingView confirmed a lackluster end to May for BTC/USD, which slid below $27,000.The pair erased its entire uptick seen over…

Cryptocurrency owners are “generally more educated than the average,” according to a new study by the Bank for International Settlements. 207 Total views 1 Total shares The Bank for International Settlements (BIS), a global financial institution owned by some of the world’s biggest central banks, is trying to dispel the theory that cryptocurrency ownership is…

The cryptocurrency mining industry continues to grow daily, supported by a continuous stream of new and more efficient hardware. China is at the forefront of the industry, but as environmental concerns loom, the sustainability of their success is coming into question.Mining chip manufacturers, the most prolific of which are based in China, work tirelessly to…

Crypto venture capital investments were on the rise for the second month in a row in May despite the generally declining economic backdrop. Funding amounts surged 34% from April, and the number of individual deals jumped 62%, according to data from Cointelegraph Research’s Venture Capital Database.Though inflation in the United States cooled from 4.9% in…

A community member responded that they were also pleased to see former Celsius CEO Alex Mashinsky charged with multiple crimes. 330 Total views 2 Total shares Bankrupt crypto lender Celsius Network has posted that the company is pleased with the resolutions that it reached with various United States government agencies. The announcement came after the…

“Americans should be confident that regulators are working on behalf of the public, rather than auditioning for a high-paid lobbying job,” said 5 senators and House members. 246 Total views 3 Total shares Several Democratic members of the United States Senate and House of Representatives have requested information from top regulators and agencies in the…

Bitcoin (BTC) saw its first dive below $38,000 in over two weeks on Feb. 20 as macro triggers rattled low-volume weekend markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader on BTC: "Nothing to get excited about"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD losing ground Sunday, following threats of fresh sanctions on Russia over its alleged…