What is TRUMP? Donald Trump’s billion-dollar memecoin
TRUMP, the memecoin launched by Donald Trump ahead of his return to the White House, celebrates his ideals and attracts millions of investors.
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Cryptojacking Attacks Are Seriously Underestimated, Says BlackBerry VP
BlackBerry exec believes that many businesses don’t have a great visibility about the combination of crypto mining apps with malware. 577 Total views 10 Total shares Cryptojacking attacks are both an internal and external threat, as the hacking groups are getting more organized in attempts to exploit vulnerabilities in the networks. However, there are also…
Bitcoin is on target to hit $288K as US money velocity collapses in Q2
There is “too much money to spend,” and this will help Bitcoin (BTC) reach its next phase of huge price increases, analysts believe.In a blog post on Aug. 25, Jeroen Blokland, portfolio manager at asset manager Robeco, noted that U.S. M2 money velocity had hit historic lows.“Too much money to spend”Velocity measures the speed at…
Markets See Massive Sell-Off, Bitcoin Dips Below $5,600 for the First Time in 2018
Nov. 14: Crypto markets have suffered sharp losses over the past several hours. The major market drop off took place between 10:30 a.m. (UTC -5) and 12:00 p.m., with some of the top 20 cryptocurrencies dropping by as much as 18 percent at press time, according to data from CoinMarketCap.Market visualization from Coin360According to data…
Bitfinex Calls Itself ‘Victim of a Fraud’ in Response to Recent Arrest
Major global crypto exchange Bitfinex has called itself a “victim of a fraud” in response to the recent arrest of the president of Crypto Capital exchange.Bitfinex will continue to recover lost fundsFollowing the arrest report on Oct. 24, Cointelegraph received a response statement from Stuart Hoegner, Bitfinex's general counsel, on Oct. 25. The statement seeks…
Stellar Wants to Remove Inflation Since It No Longer ‘Serves Its Purpose’
Cryptocurrency protocol Stellar (XLM) announced that it intends to remove its inflation feature in an upcoming upgrade.According to the Stellar Development Foundation’s (SDF) blog post published on Sept. 30, developers are keen to discard the inflation tool, which they say now offers little functionality to network participants. Users to vote on inflation removalPer the blog post,…
Many Koinly staff point to poor communication, CEO in global layoffs
Uncertainty and a lack of communication were among the complaints of Koinly employees laid off in recent months before the company made an official announcement. 673 Total views 14 Total shares Own this piece of crypto history Collect this article as NFTCrypto tax firm Koinly announced cuts of up to 14% of its global team…
CME Bitcoin futures show investors betting on $40K BTC price
The demand for institutional investors for Bitcoin (BTC) became evident on Nov. 10 as the Chicago Mercantile Exchange (CME) Bitcoin futures flipped Binance's BTC futures markets in terms of size. According to BTC derivatives metrics, those investors are showing strong confidence in Bitcoin's potential to break above the $40,000 mark in the short term.CME Bitcoin
Binance.US Now Lets Users Buy Cryptocurrency With Debit Cards
Customers of the United States-based branch of major crypto exchange Binance, Binance.US, can now purchase cryptocurrencies using their debit cards.In a blog post on Nov. 1, Binance.US announced that the exchange will now offer its customers the possibility to purchase cryptocurrencies with a debit card, joining existing U.S. dollar on-ramp and off-ramps, including the automated…