Crypto scammers orchestrate massive hack on X but barely made $8K
The scammers breached countless X accounts to shill the memecoin, but they didn’t even make enough to buy a Toyota Corolla.
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Pro-XRP lawyer claims SEC prioritizes corporate capitalism over investors
John Deaton believes the unequal treatment raises concerns about the regulatory body’s effectiveness and fairness, as well as the overall framework for digital assets. 249 Total views 2 Total shares Pro-XRP lawyer, John Deaton, has said that the actions taken by the United States Securities and Exchange Commission (SEC) against the crypto industry are driven…

Blockchain and Crypto Jobs Market: 2018 Vs. 2019 by the Numbers
Along with Bitcoin (BTC) price growth in 2019 (from $3,400 in February to $12,689 in June), some segments of the labor market related to cryptocurrencies and blockchain have also actively manifested themselves. Demand for lawyers has risen sharply, Facebook is actively hiring and the United States is breaking every record in terms of the number…

Shark Tank’s Kevin O’Leary: Bitcoin Is Garbage, a Useless Currency
Shark Tank's Kevin O'Leary said that he believes bitcoin (BTC) to be garbage during an interview with finance news outlet CNBC published on May 14.O’Leary founded SoftKey, a company that Owler estimates to have an annual revenue of $29 million. He has also appeared as a host on Shark Tank, an American business reality show…

Bitcoin Back Near $12K As BTC Shorters Lose $44 Million in One Morning
Bitcoin price (BTC) reached $12,000 on some exchanges on July 8 after a fresh uptick saw daily gains top another 6%. Market visualization courtesy of Coin360Data showed BTC/USD just hit its latest significant psychological level in trading at press time, having begun the day below $11,500. On major exchanges, USD spreads meant bitcoin was yet to reach…

Are Mastercard and VISA Cutting Out Unregulated Crypto Brokers and ICOs?
On October 12, Finance Magnates reported that payment giants Mastercard and VISA will both soon group cryptocurrency and Initial Coin Offering (ICO) jurisdictions in a new “high risk” category.What are the consequences for those ‘high risk’ merchants?According to the publication’s undisclosed sources, the ban will be applied to brokers who operate “from unregulated or loosely…

Bitcoin Price Falls Below $7K But Bears Yet to Break Key Support Level
Today, Bitcoin (BTC) price abruptly dropped below the $7,100 support, declining 3.35% to rest near $6,900. For the past few days, Bitcoin price traded between $7,300 and $7,100, testing the $7,100 and $7,050 support multiple times. Therefore, for many traders, it was no surprise when the price fell below $7,100 as frequent retests of support weaken…

Rising $219B stablecoin supply signals mid-bull cycle, not market top
The current crypto market correction is merely the middle of the bull cycle, not the top, based on the steadily growing stablecoin supply, which may signal more incoming investment according to analysts. The cumulative stablecoin supply has surpassed $219 billion, suggesting that the current cycle is still far from its top. Source: IntoTheBlock Historically, stablecoin

Australian government’s digital business plan includes $5M for blockchain
Australia’s Prime Minister has announced the Federal Government’s biggest investment in blockchain to-date, with two pilots set to receive almost $5 million. The Australian government this week unveiled its $574 million Digital Business Plan that includes seven-figure grants for distributed ledger technology initiatives. Announced by Prime Minister Scott Morrison ahead of next week’s Federal Government budget,…