Search
Market Strategist Says Bitcoin’s Best Days Are Ahead, Won’t See Restrictive Fed Policy Anytime Soon
27.7.2021
The founder of investment management firm Michael Lee Strategy says that “the best days of bitcoin are definitely ahead of it,” expecting the cryptocurrency to “make all-time new highs.” The strategist further says that it will be a long time “before we see any sort...
Tesla Reveals Bitcoin Holdings Worth $1.3 Billion in Q2, $23 Million BTC Impairment
27.7.2021
Elon Musk’s electric car company, Tesla, is holding bitcoin worth $1.311 billion. The company did not buy or sell any bitcoin during the second quarter but recorded bitcoin-related impairment of $23 million. Tesla’s action reaffirms Musk’s prior statement that neither he nor Tesla...
Ternoa to List on AscendEX
27.7.2021
PRESS RELEASE. AscendEX, a global cryptocurrency financial platform with a comprehensive product suite, is excited to announce the Ternoa token (CAPS) listing under the pair USDT/CAPS on July 27 at 1 p.m. UTC. AscendEX and the Ternoa team will jointly launch two limited-time promotional events...
Thorchain Trolled by Hacker After Two Successful Seven-Figure Exploits
27.7.2021
Thorchain, a popular defi protocol, has been compromised twice in the last two weeks, resulting in losses of over $10,000,000. The hacker responsible for the latest exploit left behind a message detailing the measures that should be undertaken to protect users. Hacker Returns to the Scene...
Fed Faces Double Inflation as Supply Chain Falters, Economists Question Spending, Biden ‘Not Worried’
26.7.2021
Reports show a vast majority of the American populace has been worried about rising inflation and as the weeks roll by, the financial situation continues to look grim. US Senator: ‘There’s No Justification for the Fed to Maintain Its Purchases’ A few analysts believe the upcoming...
Jeff Bezos Directs Amazon to Accept Bitcoin and Other Popular Cryptocurrencies: Report
26.7.2021
Amazon is reportedly planning to accept bitcoin by the end of the year, after which the company will roll out support for other major cryptocurrencies. Furthermore, the company is exploring launching its own cryptocurrency. “The directive is coming from the very top … Jeff Bezos...
Binance Smart Chain Creates a $10 Million Bug Bounty Fund to Tighten Protocol Security
26.7.2021
The Binance Smart Chain has launched a $10 million bug bounty fund for projects building on top of the protocol, called “Priority One.” The initiative aims to keep the blockchain network secure by encouraging bug bounty hunters and ethical hackers. Binance Smart Chain Reveals...
Massive Short Squeeze Pushes Bitcoin Closer to $40K, Crypto Economy Jumps 9% Higher
26.7.2021
The price of bitcoin jumped over 15% in a matter of three hours on Sunday evening and came awfully close to the $40K handle. Since then, the crypto asset has dropped back a few percentages and currently hovers above the $38K range. The entire cryptocurrency economy has spiked 9.72% rising to $1.53...
Santo Blockchain and French Artist Jerome Peschard Release Cutting Edge XR-NFT Series
26.7.2021
PRESS RELEASE. Santo Blockchain Labs have joined forces with French artist Jerome Peschard to create an XR-NFT art series like nothing the crypto market has seen before. 26th July 2021, Ho Chi Minh City, Vietnam — Santo Blockchain Labs, a creative blockchain software development company...
Kubernetes Clusters Used to Mine Monero by Attackers
26.7.2021
Attackers are abusing an attack vector present in one of the most popular execution engines (Argo Workflows) to repurpose Kubernetes systems to mine cryptocurrencies. The attack exploits a vulnerability in the system of permissions of Argo Workflows machines connected to the internet, deploying...
Tesla Q2-2021 Earnings Call to Shed Light on Its Bitcoin Holdings
26.7.2021
The upcoming Tesla Q2-2021 earnings call, which will be announced this Monday after market hours, will at last shed some light on what has happened with the company’s bitcoin holdings. The company held more than 1.5 billion dollars in bitcoin on Q1 and has reported only one sale...
FTX Slashes Leverage Limit from 100x to 20x — Community Suspects Competitors Will Follow Example
26.7.2021
FTX CEO Sam Bankman-Fried told his Twitter followers on Sunday that his crypto exchange has lowered its margin trading limit from 101x to 20x. Prior to the change, FTX supported 50x, 100x, and 101x leverage but Bankman-Fried said these high leverage positions represent “a tiny fraction...
Analyst Jim Cramer Calls Ethereum the ‘Pied Piper of Crypto’ but Won’t Add to His Position
26.7.2021
CNBC’s stock analyst and crypto investor Jim Cramer says he’s still bullish on his choice to invest in ethereum after removing bitcoin from his portfolio. Three days ago, Cramer tweeted that he’s “sticking with” his ethereum position “but not adding to it.”...
Portfolio Strategist Expects Cardano to Become Mainstream Cryptocurrency Alongside Bitcoin and Ether
26.7.2021
A portfolio strategist for American financial services firm Morningstar says that cardano could become a mainstream cryptocurrency alongside bitcoin and ether, forming a “big three” of mainstream cryptocurrencies. Strategist Believes Cardano, Ether, Bitcoin Could Become Mainstream...
Jack Dorsey Calls Bitcoin a ‘Big Part’ of Twitter’s Future as a Global Currency
26.7.2021
Twitter CEO Jack Dorsey says that bitcoin will be a big part of the company’s future. “If the Internet has a native currency, a global currency, we are able to move so much faster with products such as Super Follows, Commerce, Subscriptions, Tip Jar, and we can reach every single person...
US Senator Launches Investigation Into ‘How Cryptocurrencies Facilitate Cybercrimes’
26.7.2021
A U.S. senator has launched an investigation into the rise of ransomware attacks as well as how cryptocurrencies facilitate cybercrimes. “The investigation will also look into current oversight efforts and regulations related to virtual currencies,” the senator explained. Investigation...
Number of Cryptocurrency ATM Locations Soars Past 24K Worldwide
25.7.2021
The number of cryptocurrency ATMs has surpassed 24,000 globally. Out of 75 countries with crypto ATMs, the U.S. tops the list with the most locations. 24K+ Cryptocurrency ATMs Worldwide The number of cryptocurrency ATMs has exceeded 24,000 globally, according to the crypto ATM tracking website...
Crypto Companies Establish Presence, Hire Talent in Ireland
25.7.2021
With a friendly attitude towards financial innovation, the Republic of Ireland has become a desired destination for fintech businesses that need unimpeded access to the common European market. Cryptocurrency companies have been opening offices in the EU member state with some well-known players...
Namibia Central Bank to Complete Crypto Study By April 2022 — Governor Says Current Laws Do not Permit Use of Digital Assets
25.7.2021
The Bank of Namibia (BON) is on course to complete its study into cryptocurrencies by April 2022, the central bank governor, Johannes Gawaxab recently confirmed. The governor however reiterated that cryptocurrencies are not legal tender as there is currently no provision for digital currency use...
Coinbase, Executives, Investors Hit With Lawsuit Over Nasdaq Listing
25.7.2021
A class-action lawsuit has been filed against cryptocurrency exchange Coinbase, its executives, and investors over the company’s direct listing on Nasdaq. “According to the complaint, the registration statement and prospectus used to effectuate the company’s offering were false...