November 21, 2019

Bitcoin Real Supply Didn’t Reach 18 Million According to Experts

The Bitcoin (BTC) network has already created 18 million BTC, however, not all of them are currently available for users in the market.  According to data provided by […] The post Bitcoin Real Supply Didn’t Reach 18 Million According to Experts appeared first on UseTheBitcoin.
November 21, 2019

Lawyer Found Guilty of Money Laundering for OneCoin’s Cryptoqueen

Mark S. Scott was found guilty of helping OneCoin co-founder Ruja Ignatova launder $400 million
November 21, 2019

My Top 3 Favorite Ways to Piss off and Annoy Telemarketers

Don’t you hate it when a telemarketer interrupts your day with a call that’s either an outright scam or some other BS you couldn’t care less about? Instead of getting annoyed with the useless call, you can take it as an opportunity to have some fun and provide the bugger with a taste of his own medicine. After reading this article you will have plenty of ammo for the next scammer that tries to bother you. Here are my three favorite ways to annoy a telemarketer: #3 Answer the phone and immediately mute it When you answer the call don’t say anything and instead mute yourself. While this isn’t quite a fun way, it’s the easiest way to get placed on a “dead phone” list and increase the chances of avoiding future calls. A dead phone list is a list […]
November 21, 2019

Einstein Exchange Has Very Little Customer Money Left

Remember Live Bitcoin News’ coverage of Einstein Exchange, the now defunct cryptocurrency exchange stationed in Canada? Remember how the company took roughly $16 million of customers’ money with it? Well, turns out a lot of that money is lost, and Einstein now only possesses about $45,000 of its previous total. Einstein Exchange: Losing Money Quickly Most of the remaining money is made up of “hard assets,” according to an official statement, with about $15,000 comprised of various cryptocurrencies and the rest being cash. The company was shut down earlier in the month by the British Columbia Securities Commission (BCSC) after several customers complained that they were being denied access to their digital funds. Many stated that while putting money into the exchange was easy, taking money out was a completely different story. Despite several emails being sent out to executives, […]
November 21, 2019

How to buy and store Ethereum (ETH)?

Almost all activities, on the Ethereum network, are powered by its native crypto token Ether or ETH. ETH boasts of a $20 billion market cap and a circulating supply of ~108 million coins. This makes it the second-largest cryptocurrency by market cap.  The Ethereum network token entered the cryptocurrency trading arena in 2015. According to CoinGecko, since launch, ETH has registered a 2800 percent increment in price to date. Although Ether is down almost 87 percent after hitting all-time highs at ~$1500, it is pretty much an attractive alternative investment option because of the overall appeal of Ethereum, as a decentralized computing platform.  Many see ETH as a much more promising crypto investment option than bitcoin. Few Fortune 500 companies and financial trust Ethereum. They recognize it as the de-facto blockchain platform for building next-generation applications and monetary settlements.  For all […]
November 21, 2019

Gods Unchained Triggers ERC-721 Token Transfer Spike on Ethereum

A lot of transactions over the Ethereum network have nothing to do with Ether itself. This is apparent when looking at the recent transaction spike for ERC-721 tokens. A powerful and popular network like Ethereum attracts a lot of attention. Gods Unchained Chugs Along Nicely Not only are there the Ether users to contend with, but also plenty of token holders and dApp users. It now appears the ERC-721 tokens are being transferred at an increased level. So much even that the recent throughput is a fourfold increase compared to two weeks ago.  This increase is, according to CoinMetrics, the direct result of the Gods Unchained dApp. It is a digital blockchain-based trading card game where users effectively own the cards in their deck. This project alone is responsible for seeing 6 million card assets transferred over the Ethereum network […]
November 21, 2019

Kraken Futures now available on mobile with new iOS and Android app

Kraken, a leading bitcoin and crypto exchange company, announced today that following the release of its new Pro trading app for Kraken Futures, they have now launched a mobile app version. Previously only available on a web browser, Kraken Futures can now be accessed via an iOS or Android device. Kraken Futures was formed earlier […] CryptoNinjas: Kraken Futures now available on mobile with new iOS and Android app
November 21, 2019

Yahoo Finance Adds CoinMarketCap’s Crypto Prices to Its Website

Major American investment and finance website Yahoo Finance adds CoinMarketCap’s crypto prices for 118 coins to its website
November 21, 2019

Peter Schiff Doubles Down on $1,000 Bitcoin Prediction

Bitcoin (BTC) deepened its correction to $7,600, wiping out close to $600 within a day. The fall was expected, as November saw diminished enthusiasm for trading. Gold Bug Schiff Clings to $2,000-$1,000 prediction Peter Schiff, gold bug and traditional investor advisor, sees an ominous picture in the current slide. Without a relief rally closer to $9,000, bitcoin may continue downward to as low as $1,000, based on Schiff’s most pessimistic prediction. #Bitcoin is nearing the neckline of the head-and-shoulders top I pointed out before the Oct 25th 40% pump. The right shoulder is now shrugged and the neckline slanted and parallel to the shoulders. If it breaks the price objective for the dump is $1,000 to complete the pattern. — Peter Schiff (@PeterSchiff) November 21, 2019 However, bitcoin still has a chance to remain unpredictable, as many traders remarked on […]
November 21, 2019

IRS Vs. Bitcoin ATMs: Industry Says There Is Already Enough Regulation

The IRS is eyeing the Bitcoin ATM industry for potential tax issues. Large industry players are already compliant enough, experts say, while smaller operators might experience additional difficulties
November 21, 2019

The 3 Most Gruesome Murders of All Time

According to the National System of Public Security, there have been over 33,000 murders logged in 2018. The numbers actually increased as there were around 31,000 murders noted in 2017.  Murder is still one of the most heinous crimes out there, but thanks to today’s technology and the internet, everyone can easily know the details of many murders that shook an entire population. There are now numerous sites dedicated to sharing the details of many famous murders. There’s simply nothing that could stop people from sharing such content and we’re here to share three of the most disturbing and popular murders of all time that are just too intriguing.  #3 The Murder of Kunz Family The murder of the Kunz family happened in their home in Athens, Wisconsin. It was 1987 when this happened. Three Kunz siblings were found murdered […]
November 21, 2019

Vermont Power Utility Partners With Blockchain Firm for Local Solar Energy Sales

Vermont utility Green Mountain Power and LO3 jointly launched a pilot project that enables homeowners with solar panels to sell surplus power to businesses
November 21, 2019

Sarson Funds partners with Vertalo for cap table management and tokenization

Vertalo, a provider of software for digital assets, connecting broker-dealers, issuers, custodians and exchanges through its B2B SaaS platform, today announced a new partnership with Sarson Funds, a provider of cryptocurrency educational services and investment vehicles designed for the financial advisor community and their clients. Under the new partnership, Vertalo will provide cap table management […] CryptoNinjas: Sarson Funds partners with Vertalo for cap table management and tokenization
November 21, 2019

Bitcoin Crashes Back to $7.4K Completely Wiping Out the October Rally

Bitcoin loses key 0.786 Fibonacci level as false rumors circulate that Chinese authorities have raided Binance’s office in Shanghai
November 21, 2019

StyloPay integrates Tribe’s crypto wallet for its cloud payments platform

StyloPay, specialists in payment solutions and mobile applications, announced today it has selected Tribe Payments’ digital wallet technology for integration on its platform. Tribe’s digital wallet technology will form part of StyloPay’s cloud-based payments-as-a-service offering that enables banks and card issuers to scale card programs and mobile wallets globally. With StyloPay, financial institutions, issuers and […] CryptoNinjas: StyloPay integrates Tribe’s crypto wallet for its cloud payments platform
November 21, 2019

Binance Denies Police Raids, Very Existence of Shanghai Offices

Binance cryptocurrency exchange has denied reports of a police raid on its Shanghai offices, as it purportedly has no such offices
November 21, 2019

Franklin Templeton to protect new money market fund with Curv MPC wallet

Curv, a platform to secure and sign transactions on blockchain technology, announced today that Franklin Templeton, a leading global asset manager, has selected Curv’s institutional wallet service to protect digital assets for the firm’s new money market fund, whose shares will be recorded on the Stellar Network. With Curv’s patented multi-party computation (MPC) protocols, Franklin […] CryptoNinjas: Franklin Templeton to protect new money market fund with Curv MPC wallet
November 21, 2019

Cypherpunk takes stake in bitcoin (BTC) based Wasabi Wallet

Cypherpunk, a company investing in technologies and protocols that enhance privacy, announced today that it has completed an equity investment in zkSnacks, whose products include the bitcoin (BTC) based Wasabi Wallet. Wasabi Wallet is an open-source, non-custodial, privacy-focused bitcoin wallet for desktop use, that implements trustless coin shuffling with mathematically provable anonymity. The Deal Under […] CryptoNinjas: Cypherpunk takes stake in bitcoin (BTC) based Wasabi Wallet
November 21, 2019

Fidelity Investments Has Gotten Its Own BitLicense

The dreaded BitLicense is widely regarded as one of the most notorious and controversial pieces of crypto legislation ever administered, which is why whenever a company gets one, it’s kind of a big deal. The BitLicense Isn’t Hated By All Among the recent companies to get their hands on a BitLicense is Fidelity Investments, which opened its crypto assets trading division not too long ago. The license will allow the company to operate in the Big Apple and provide all its crypto and blockchain services to customers in New York. The BitLicense arrived on the crypto scene in 2015 to rather negative reception. Many cryptocurrency companies and enthusiasts believed that the document was a way of stifling crypto innovation and shutting down businesses that dealt in blockchain. They called it unfair, largely because it charged very heavy fees for companies […]
November 21, 2019

Decentralized VPN protocol Orchid to launch in December

Orchid, an incentivized and decentralized virtual privacy network (VPN), announced today that its app, network, and token (OXT) will launch during the first week of December. In the Orchid app, users will be able to easily construct single or multi-hop VPN configurations. This means they can choose which remote server or servers their connection will […] CryptoNinjas: Decentralized VPN protocol Orchid to launch in December
November 21, 2019

Crypto Swapping App Sideshift AI Drops Access Code Requirement

Since launching in January, Sideshift.ai has become a well known cryptocurrency application that allows people to swap 20+ cryptocurrencies in an automated manner. When Sideshift first launched, users needed an access code to use the service, but on November 20 the team removed access codes and the platform’s affiliate program has fully activated. Also read: Maduro Plans to Give Venezuelan Pensioners Petro as Christmas Bonus Sideshift AI Removes Access Code Requirement For almost a year now, Sideshift.ai has offered an automated cryptocurrency swapping service that allows people to trade specific digital assets at a rapid pace. Users leveraging the Sideshift platform can swap coins like BCH, BTC, BNB, DASH, DOGE, SAI, SPICE, USDT, USDH, XMR, L-BCH, L-BTC, and LTC. The platform was launched by software engineer Andreas Brekken when he was helping develop Drivechain extension applications with Paul Sztorc. Brekken […]
November 21, 2019

NEM Ventures invests in cryptocurrency transaction provider Cyclebit

NEM Ventures, the venture capital and investment arm of the NEM blockchain ecosystem, announced today has made a strategic investment in Cyclebit, a provider of simple tools for retailers to accept cryptocurrencies and fiat for in-store, online and on-the-go purchases. “Cyclebit is already an established player in the crypto and fiat payments space, and we […] CryptoNinjas: NEM Ventures invests in cryptocurrency transaction provider Cyclebit
November 21, 2019

New Bill Would Put Facebook’s Libra Stablecoin Under US Securities Law

American lawmakers have introduced a bill to put Facebook’s Libra under the jurisdiction of the Securities and Exchange Commission
November 21, 2019

Markets Crash After Reports That Binance’s Shanghai Office Closed in Crypto Crackdown

Chinese police have reportedly raided and closed the Shanghai offices of leading cryptocurrency exchange Binance
November 21, 2019

Bitcoin Supply Less Than 18 Million Coins, Due to Locked Wallets

The supply of Bitcoin (BTC) is actually lower than the 18 million coins mined recently. This is due to coins that have not been moved in a long time, and other locked wallets. At least 1.5 million coins may be locked away beyond retrieval. Bitcoin with Limited Live Supply The “live” supply of bitcoin is around 16.5 million, excluding coins that may be lost. The problematic BTC supply also includes coins that were stolen. BTC expected supply was 18,000,000 at block 600,000. But there are over 1,500,000 coins that are assumed lost. And many more that were stolen and haven’t moved since… Read the full break down by @khannib in this week’s State of the Network:https://t.co/oF4JcANXkp pic.twitter.com/gWTMOFGMIO — CoinMetrics.io (@coinmetrics) November 19, 2019 The research by CoinMetrics helps the case for the scarcity of bitcoin. But at this point, even […]
November 21, 2019

Venezuela Cuts Petro’s Backing from 5B Barrels of Oil to 30M: Reuters

Venezuela to back its Petro with 30 million barrels of crude oil instead of 5 billion barrels as initially planned
November 21, 2019

Orchid’s Decentralized VPN Network Set for Early-December Launch

Decentralized VPN provider Orchid will debut its app, network and token (OXT) during the first week of December.
November 21, 2019

Maker of Wasabi Bitcoin Wallet Valued at $7.5M in First Equity Round

The privacy-centric Wasabi Wallet, launched by zkSNACKs in 2018, just raised its first equity investment from Cypherpunk Holdings, a publicly-traded Canadian fund.
November 21, 2019

South Korea Takes Legal Step to Stamp Out Unregistered Crypto Exchanges

A legal amendment to an act addressing the South Korean crypto industry would criminalize unregistered exchanges, but has loosened other requirements.
November 21, 2019

Franklin Templeton Taps Wallet Service Provider to Support Tokenized Shares

Franklin Templeton Investments, the global investment firm looking to track shares of a money market fund on the Stellar blockchain, has tapped wallet service provider Curv to help safeguard its shares.
November 21, 2019

Bitcoin Slips to One-Month Price Lows Below $8,000

Having dropped to one-month lows below $8,000, bitcoin is now eyeing the first test of a key average support, now at $7,714, since April.
November 21, 2019

Binance Enters Indian Market With Acquisition of Crypto Exchange WazirX

Binance has made a move into India’s potentially huge, but troubled, cryptocurrency market with the acquisition of the WazirX exchange platform.
November 21, 2019

Silvergate Bank CEO Bets on Higher Crypto Price Volatility After $40M IPO

“Now that we’re public, we have more efficient access to capital to support our growth,” Silvergate Bank CEO Alan Lane said in an interview.
November 21, 2019

The Surprising Reason Why Blockstack Could Be America’s First Crypto IPO

Blockstack is currently evaluating how it will conduct its next token offering for general miners. An IPO is one of four options.
November 21, 2019

China Central Bank to Set Standards for 17 Fintech Categories, Including Blockchain

The People’s Bank of China (PBoC) has an agenda to set industry standards across the financial sector, including blockchain, a senior official from the bank said on Wednesday.  Speaking at a meeting of the National Technical Committee, PBoC vice president Yifei Fan said the bank aims to better regulate new technologies applied across the financial […]
November 21, 2019

Vermont Utility Customers to Trade Renewable Energy Credits on LO3 Blockchain

With an ambitious 100% renewables goal by 2025, the new marketplace by Green Mountain Power and LO3 Energy is an eco blockchain play.
November 21, 2019

Top 5 Common Misconceptions About Bitcoin

75% of US adults have heard about Bitcoin. But their information doesn’t always come from reliable sources. Whether they believe it’s magic internet money or a vehicle for drug lords and pedophiles, here are the 5 biggest Bitcoin misconceptions around. The Most Common Bitcoin Misconceptions 1. Bitcoin Is Anonymous It’s not surprising that one of the most common bitcoin misconceptions is that it’s anonymous. Even the above-mentioned survey by YouGov starts the question of whether respondents have heard about cryptocurrencies by saying: A cryptocurrency is a form of digital or virtual money that is generally designed to be decentralized, secure, and, in many cases, anonymous. With that in mind, which, if any, of the following cryptocurrencies have you ever heard of? What a lot of people don’t actually know is that the Bitcoin blockchain is public. Anyone can access all […]
November 21, 2019

Binance.US Now Provides Institutional Liquidity to Crypto Brokerage Firm Tagomi

Binance.US will now offer institutional liquidity for users of the Tagomi crypto brokerage
November 21, 2019

Chinese Tech Capital Shenzhen Issues Warning Against Crypto Activities

The Leading Group for Remediation of Internet Finance Risks of the Chinese technology capital of Shenzhen warned against illegal cryptocurrency-related activities
November 21, 2019

Bitcoin Price Forces Small Miners Out, Untagged Wallets Dump $20M

Miners made the biggest withdrawal of funds in 2019, just as Bitcoin price was fighting its last to keep above $8,000. The accelerated selling of rewards may look like an episode of miners capitulating. Bitcoin Price Forces Miners to Sell The sum of $20 million looks small in comparison to the entire BTC activity, which is above $19 billion per day. However, miners selling their current rewards is a signal that their faith in bitcoin price is shaken. 2/ Untagged miner wallets saw $20M of net outflows. While it might not sound like a lot, comparatively, it is the 2nd largest single day of net outflows from untagged wallets in 2019 in USD terms. pic.twitter.com/KTKE7dB5O4 — elias.eth (@eliasimos) November 20, 2019 Larger miners may afford to finance their operations, but small ones may be pressed to close doors, if bitcoin […]
November 21, 2019

Bitcoin Emits Less Carbon Than Previously Claimed, New Study Finds

Bitcoin has been regularly attacked for its energy-intensive mining process, powered by serious amounts of electricity. It’s been claimed that it leaves a carbon foot print comparable to that of a large city or even a small country, an allegation that often finds its way to the headlines of mainstream media outlets. But a new study proves the devil is in the details. Bitcoin’s CO2 emissions, according to the authors, are much more modest than suggested by previous reports. Also read: Canadian Company Commissions 3 Bitcoin Mining Units to Restart Oil Well Getting the Numbers Right Various studies have painted a pretty negative picture of Bitcoin’s energy consumption so far. “Participation in the Bitcoin blockchain validation process requires specialized hardware and vast amounts of electricity, which translates into a significant carbon footprint,” wrote a team of researchers from the Technical […]
November 21, 2019

Google, Facebook Take on Banking Duties, Crypto Shrugged to the Side?

With major tech firms shifting their focus to finance, what does this mean for the future of crypto and the wider financial system?
November 21, 2019

Assassin’s Creed Dev Becomes Block Producer for EOS-Based Gaming Startup

Ubisoft will be a block producer on the testnet of EOS-based game distribution platform Ultra
November 21, 2019

African-based Cryptocurrency CREDIT is Thriving in Emerging Markets

African based blockchain project Terra recently celebrated the first anniversary of Credit (CREDIT) block production. Credit is a decentralized proof of stake cryptocurrency that is simple to mine and rewards its holders with passive income.  November 20, 2019, Johannesburg SA –  Johannesburg-based blockchain project and trading platform TERRA has announced a huge slew of products to focus on the development of digital payments processing in developing nations such as Nigeria. In addition to the project’s main focus, Credit (CREDIT) decentralized cryptocurrency, the company has developed 8 supporting products that each offer something groundbreaking to various emerging markets. These exciting new developments include: MiniPOS – MiniPOS is a web-based CREDIT staking wallet, that improves the ability to earn through block production. It replaces the need for a CPU based device, allowing smartphone users access to 100% profit per annum. This exciting feature enables CREDIT holders to make hourly […]
November 21, 2019

LG and Kakao Partner to Bridge Public and Private Blockchains

LG’s IT affiliate and Kakao’s blockchain subsidiary, Ground X, are teaming up to bridge public and corporate blockchains
November 21, 2019

Sacramento Kings CTO: Fans Quit Spending Bitcoin When the Price Hiked

The Sacramento Kings’ chief technology officer said that fans stopped spending Bitcoin on team merchandise with the price sky-rocketed
November 21, 2019

What’s at Stake With Masternode Coins?

“Masternode” is a term that echoes less often in the cryptosphere these days, but not because user-controlled nodes have fallen out of favor. Rather, the nomenclature has shifted, with “staking” now used to describe the array of blockchains that fall under this banner. As an examination of proof-of-stake chains shows, masternode coins are very much alive. But as exchanges push staking as a service, are the days of user-operated masternodes numbered? Also read: Bitcoin.com to Launch $200 Million BCH Ecosystem Investment Fund 5 Years on, Masternodes Are Still Going Strong When smart contract platform Velas unveiled its masternode staking this week, it iterated on a system that can be traced all the way back to Dash’s arrival on the scene in 2014. Masternodes have evolved significantly since then, with Velas’ staking program reflecting this through provisions like pooled staking, for […]
November 21, 2019

Bitcoin Drops Below $8K For First Time This Month, Here’s Why

Bitcoin has declined below the psychological level of $8,000 for the first time since October 25. Interestingly, the trading volume on Bitcoin futures exchange Bakkt is increasing, which suggests that institutional investors are happy to enter the market at lower prices. Bitcoin Continues the Bearish Mood Earlier on Thursday, Bitcoin dropped to $7,982, according to Coinmarketap data. Thus, it broke below the $8,000 for the first time this month. The price then bounced back by jumping to $8,109, but bears were strong enough to send the price below the $8k level again. One of the possible reasons behind the ongoing decline is the so-called mining capitulation. The phenomenon was discussed in detail by crypto analyst Cole Garner, who argued that small miners are forced to giving up on the process as it becomes too expensive for them. The gradual exit […]
November 21, 2019

‘Mystery Man’ Gets Berlin Shop to Drop BitPay, Accept Bitcoin Directly

An unknown “super nice” guy — none other than A. Antonopolous — spurred a small-time Gelato place in Berlin’s hip Friedrichshain district to start accepting Bitcoin
November 21, 2019

3 Bitcoin Transactions Worth $5.5B Show Why BTC Isn’t Going Anywhere

Bitcoin detractors seem to be spending more ways thinking of how it could be shut down. It is true that decentralized money is a huge threat to governments and the central banks that keep them in power, but that was entirely the point of it. Looking at some of the largest BTC transactions shows how difficult it would be to shut down. Bitcoin Here To Stay Earlier this week, Bitcoinist ran an article on the theoretical possibility of the bitcoin network being shut down. It was theorized that governments could just keep shorting the asset until price dumps below $1,000, all of the hodlers get burnt, and interest dies out like the last of the dinosaurs. Industry observer ‘Rhythm Trader’ took a more cynical approach stating there would not be a need for decentralized money if the world’s governments did […]
November 21, 2019

Grayscale: 84% of Q3 Interest Came From Non-Crypto Hedge Funds

Grayscale’s Michael Sonnenshein reveals 84% of the digital asset manager’s inflows in Q3 were from non-crypto hedge funds
November 21, 2019

Binance Solidifies Indian Presence with WazirX Acquisition

Global Bitcoin exchange behemoth, Binance, has set up a fiat on-ramp for Indian crypto by acquiring WazirX — a Mumbai-based cryptocurrency exchange service. WazirX Now Binance’s Indian Bitcoin Exchange Partner According to ET, Binance acquired WazirX in a deal worth between $5 million and $10 million. The WazirX acquisition sees the Bitcoin exchange giant establish a significant presence in India. WazirX will act as Binance’s Indian partner with CEO Nischal Shetty continuing to run the platform in the country. The deal will reportedly see WazirX’s P2P market integrated into the broader Binance Fiat Gateway service before the end of Q1 2020. According to the terms of the deal, Indian crypto traders will now be able to buy bitcoin straight from the WazirX P2P platform. The move is also part of Binance’s drive to open up crypto trading to more fiat […]
November 21, 2019

German Bank Boosts Bitcoin — Negative Interest Rates Hit Every Account

“We had to” — German bank charges everyone 0.5% negative interest
November 21, 2019

Ethereum Block Rewards Reduced by 1000 ETH as Block Times Rise

The Ethereum network is now producing less ETH per day. Block rewards have reduced from around 13,500 coins to 12,500.  Ethereum is currently facing a situation where the block reward output per day is about 1,000 coins lesser than last week. This is a major drop compared to the situation three years ago when the average number of coins produced per day was at around 30,000.  Block rewards in 2017 were pegged at 20,000, dropping once more to 14,000 earlier in 2019. Usually, the drop in block rewards is tightly connected to major upgrades in the Ethereum network. This time, however, there were no upgrades that would affect the production of new coins. ETH rewards are simply dropping, while the hash rate seems to be appreciating. Recent data indicates that Ethereum block times have gone up as well, although only […]
November 21, 2019

Ripple Affiliated Foundation is a ‘Corporate Tax Shelter’, Says Messari

About $400 million worth of XRP tokens can be associated with illegal transactions, according to London-based blockchain analysis firm Elliptic. Ripple is using its affiliated charity foundation as a corporate and executive tax shelter, according to crypto research firm Messari. The accusation was voiced after London-based blockchain analysis firm Elliptic found that about $400 million worth of XRP tokens can be associated with illegal transactions. Messari Cites Several Issues with Ripple Besides using the foundation as a tax shelter, Ripple’s charity non-profit is not allocating any grants to charities and is hiding the fact that 2.2 billion XRP tokens counted as circulating supply is now locked in long-term restricted selling agreements. The findings were shared by Messari author Ryan Selkis. As per the Foundation’s Form 990 for the fiscal year 2018 that ended April last year, the Ripple Foundation for […]
November 21, 2019

EOS Price Analysis: Sell On Rallies Towards $3.250

EOS price is back in a bearish zone below the $3.300 support area against the US Dollar. The price is currently trading above the $3.000 support area and struggling to correct higher. There is a key contracting triangle forming with resistance near $3.100 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair remains at a risk of more downsides below the $3.000 support area. EOS price is facing an increase in selling against the US Dollar, similar to bitcoin. The price is likely to break the $3.000 support area and continue lower. EOS Price Analysis This week, bitcoin, Ethereum, ripple, litecoin and EOS declined steadily against the US Dollar. Earlier, EOS price struggled to climb the $3.450 and $3.500 resistance levels. As a result, the price started a fresh decline and broke the key $3.300 […]
November 21, 2019

Bitcoin Price Loses $8,000 Support as Bears Drive Market to 4-Week Low

Bitcoin back in the $7,000 zone after 4-week hiatus
November 21, 2019

Here Are Some Fun Things to Do With Bitcoin Cash

The best use for any currency would be to spend it on things you need or even better, enjoy. And spending has to be easy and inexpensive too. Bitcoin cash has these characteristics and brings them to the digital money world. They have been acknowledged by crypto users who appreciate fast and low cost transactions. There’s a bunch of interesting things you can do with bitcoin cash today. Also read: These Debit Cards Will Help You Spend Your BCH Anywhere Camping at Norway’s ‘Private City’ You can, of course, travel the world with bitcoin cash and we have previously turned your attention to some attractive destinations you’d enjoy. Like Slovenia, for example, where you can pretty much get by entirely on BCH thanks to a payments platform called Elipay. Hundreds of retail locations in the small European country, which literary […]
November 21, 2019

Binance ‘Buidls’ Bridge With India Acquiring Leading Bitcoin Exchange

Binance has acquired Indian crypto exchange WazirX, meaning that users will be able to use INR to buy and sell crypto via Binance’s Fiat Gateway as early as next week
November 21, 2019

Singapore Central Bank Okays Crypto Derivatives Trading

Singapore has always been seen as a hub of digital finance. Many of the world’s major blockchain and crypto conferences are held there and a lot of the region’s exchanges have chosen the island nation for its welcoming climes. This week the country’s chief financial regulator opened its digital doors even wider with further approvals for crypto derivatives trading. Green Light For Crypto Singapore’s equivalent of a central bank, the Monetary Authority of Singapore (MAS), plans to allow the trading of derivatives involving crypto assets on regulated platforms and exchanges. According to the Nikkei Asian Review, the move could pave the way for regulatory oversight as crypto products become increasingly popular among investors. The MAS has proposed changes to Singapore’s Securities and Futures Act, which will apply to approved exchanges including the Singapore Exchange (SGX) and licensed intermediaries. The Authority […]
November 21, 2019

Litecoin (LTC) Price Analysis: Primed To Test $50 Before Higher

Litecoin price is facing an increase in selling interest below $60.00 against the US Dollar. LTC price is currently trading below the key $59.80 and $57.00 support levels. There is a crucial bearish trend line forming with resistance near $57.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to break the $54.00 support area and continue lower in the near term. Litecoin price is back in a downtrend against the US Dollar and bitcoin. LTC price remains at a risk of more downsides as long as it is below $60.00. Litecoin Price Analysis In the past few days, there were steady downsides in bitcoin, Ethereum, ripple and litecoin against the US Dollar. LTC price broke the main $60.00 support area to enter a bearish zone. Moreover, there was a break below the […]
November 21, 2019

Bitcoin Miner Canaan’s IPO Nets Just $90M After Losing Banking Partner

Canaan completes $90M IPO without major backer Credit Suisse
November 21, 2019

Binance Acquires India’s Crypto Exchange WazirX To Launch Fiat-to-Crypto Gateways

The recognized and leading cryptocurrency exchange Binance announced it has purchased the crypto trading platform WazirX. The main goal behind this acquisition is to help individuals in the […] The post Binance Acquires India’s Crypto Exchange WazirX To Launch Fiat-to-Crypto Gateways appeared first on UseTheBitcoin.
November 21, 2019

Binance Acquires Major Indian Exchange Wazirx – CEO Explains the Changes

A major Indian cryptocurrency exchange, Wazirx, has been acquired by Binance. News.Bitcoin.com talked to Wazirx CEO Nischal Shetty to find out the implication of this acquisition and the changes users in India can expect. Meanwhile, the “India Wants Crypto” campaign to bring about positive regulation will continue, and Shetty is confident that the Indian government will positively regulate the crypto Industry. Also read: Indian Supreme Court Wraps up Crypto Hearing for the Year Wazirx Joins Binance Mumbai-based crypto exchange Wazirx has been acquired by global crypto exchange Binance, Wazirx CEO Nischal Shetty confirmed to news.Bitcoin.com on Thursday. “Wazirx has now become India’s first-ever cryptocurrency exchange to be acquired by an international one,” the exchange announced. “Binance has been working towards growing the ecosystem by introducing new fiat gateways,” Shetty explained. “Wazirx’s innovative P2P in India attracted them. The idea is […]
November 21, 2019

Maduro Plans to Give Venezuelan Pensioners Petro as Christmas Bonus

Regional news outlets from Venezuela have revealed that President Nicolás Maduro plans to dole out petro as a ‘Christmas bonus’ for Venezuelan retirees and pensioners. Moreover, despite the fact that many Venezuelans say average citizens don’t use the petro, Maduro also claims there are 27,000 petro affiliated businesses. Also read: Indian Supreme Court Wraps up Crypto Hearing for the Year Venezuelan Pensioners’ Christmas Bonuses to Be Paid in Petro The Venezuelan President and the leader of the United Socialist Party Nicolás Maduro has revealed that the government plans to give Venezuelan retirees and pensioners the gift of petro this Christmas. The petro (PTR) is the first cryptocurrency launched by a nation state and the digital asset has been controversial since it was announced. Many skeptics believe the petro is only used by government officials and their friends to skip international […]
November 21, 2019

OneCoin Fugitive Cryptoqueen Allegedly Paid $50 M to Lawyer to Launder Funds

Former Locke Lord LLP partner allegedly received $50 million to launder $400 million for OneCoin co-founder Ruja Ignatova
November 21, 2019

US Think Tank Releases Report on Investigation Into Illicit Transactions on the Dark Web

U.S. think thank releases a report on the future of investigating illicit transactions on the dark web, including tracing crypto use
November 21, 2019

Polymath building new security token blockchain platform on Substrate

The team of Polymath, a platform for security token issuance and management, declared back in March of this year during Consensus New York, that it had begun work on building a new base layer public blockchain from the ground up – codenamed Polymesh. Now, Polymath has announced that it is building Polymesh on top of […] CryptoNinjas: Polymath building new security token blockchain platform on Substrate
November 21, 2019

PayPal CEO Hodls Bitcoin and Only Bitcoin

CEO of payment processor PayPal revealed during an interview that the only cryptocurrency he owns is Bitcoin
November 21, 2019

How a Crypto Casino Player Won $110,000 With $1,200 Invested Without Even Gambling

A savvy player at a cryptocurrency casino has walked away with a cool $110,000 by exploiting a flaw in the programming of a smart contract of a gambling application. The gambling application in question, EOSPlay, is hosted on the smart contract, blockchain-based network EOS. The attacker essentially overloaded the network, which allowed them to generate winnings with zero risk. Literally each roll of a dice was a guaranteed winner! As reported in the cryptocurrency news publication Crypto Slate, the EOSPlay vulnerability was discovered in mid-September. The attacker used a second EOS application to facilitate the hack. The service used, EOS REX, is a computing power lending service. Users stake EOS tokens in exchange for RAM and CPU power to use of the EOS network. By staking more than any other EOS REX user, the attacker was able to fill blocks […]