Startups can hedge bank risk with Bitcoin — Tim Draper
The fall of Silicon Valley Bank prompted Venture Capitalist Tim Draper to tell the firms he’d invested in to buy Bitcoin.
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Fake Crypto Wallet App Imitating Trezor Found on Google Play Store
Fraudsters have been adding fake cryptocurrency wallets to the Google Play store in an attempt to cash in on rising bitcoin (BTC) prices, ESET antivirus researchers claimed on May 23.One malicious app imitated the hardware wallet Trezor — and the investigation found that the software had ties to another fake app that has the potential to scam unsuspecting users out of…

Fraudulent TON Investment Ads Reportedly Circulating Facebook
Fraudulent advertisements have reportedly begun circulating Facebook offering to join the Telegram Open Network (TON) investment platform.As Russian news outlet Kommersant reported on Sept. 20, ads promoting the so called “Successful Investor” account appeared on Facebook. Once clicked, the ad leads to a website disguised as Russian economics and technology media outlet RBC, where a…

Nifty News: Luxury brands join Decentraland’s Metaverse Fashion Week
This past weekend, Decentraland hosted the Metaverse Fashion Week, or MVFW, a four-day digital fashion event that staged wearables on virtual runways, organized discussion panels, and housed shopping experiences. A lineup of both legacy luxury labels and digital brands participated, including Dolce & Gabbana, Etro, Tommy Hilfiger, Estée Lauder, and Elie Saab. Meanwhile, digital-native fashion houses…

Experts Share: What Will Bitcoin’s Price Look Like in 2020?
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Wallets with less than 1 BTC account for just 5% of Bitcoin’s market cap
With the number of “wholecoiner” Bitcoin wallets holding at least 1 BTC increasing every year, the remaining addresses represent just 5% of Bitcoin’s market cap. 3323 Total views 24 Total shares New data suggests that “wholecoiners” — Bitcoin wallets holding 1 BTC or more — now account for 95% of the cryptocurrency’s entire capitalization. That…

Digital Currency Group backs South Korean crypto exchange operator
Streami, the company behind the popular GOPAX exchange, has received direct funding from Digital Currency Group. 6328 Total views 25 Total shares Digital Currency Group, the venture capital firm behind some of the biggest companies in blockchain, has become the second-largest shareholder of Streami, a leading cryptocurrency exchange operator in South Korea. Barry Silbert, founder and…

BTC price bounces 5% as investor says Bitcoin ETF '99.9% done deal'
Bitcoin (BTC) returned above $43,000 into Dec. 19 amid fresh news over the United States’ would-be first spot price exchange-traded fund (ETF).BTC/USD 1-hour chart. Source: TradingViewBitcoin ETF excitement still simmeringData from Cointelegraph Markets Pro and TradingView showed a BTC price recovery taking the market to local highs of $43,456 after the daily close.After starting the

Bitcoin Hash Rate Hits New All-Time High as Miners Shun Price Drop
Bitcoin (BTC) has hit a new all-time high in terms of hash rate despite dropping almost 12% last week, data suggests.According to various resources tracking hash rate growth on the Bitcoin network, the metric was circling its highest value ever as of March 1.Bitcoin network hits up to 136 quintillion hashes per secondHash rate refers…