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Bitcoin Fails to Grow, Still Struggling below $8,300
2.10.2019
Bitcoin shows no signs of growth, value is below 8,300 USD The next resistance of BTC may fall at 8,483 USD In the last 24 hours, Bitcoin (BTC) could not make any major impact; the value is still lagging behind the 8300 USD price level. It has been through four major price variations and...
BitPay Achieves Service Organization Control (SOC 2) Compliance Review
2.10.2019
Major Blockchain payments provider BitPay has proclaimed that it has passed the Service Organization Control Review (SOC 2). The review was conducted successfully by the Aprio, which is among the top 100 CPA led advisory firms. The tech audit firm assures maximum confidentiality and data privacy...
How G20 Central Bank Digital Currencies Are Progressing
2.10.2019
Central bank digital currency has become a hot topic among finance ministers and central bankers worldwide, with some G20 countries ahead of the rest on work done toward issuing their own digital currencies. Experts have weighed in on their expectations of when the first G20 digital currency will...
John McAfee Supports Peter Brandt’s $50,000 Bitcoin Prediction Despite its Recent Decline
1.10.2019
Bitcoin owners are having a hard time for the past few days as the apex cryptocurrency has fallen to a new six month low. After reaching the yearly peak around $12,500 on June 09, it has now fallen below $8,000, and that too after months of being stagnant between $9,500 –$10,500. This has again...
Bitcoin Price Manifests a Path Towards Moderate Recovery
1.10.2019
Bitcoin price plunged and it traded to a new 90-day low at $7,661 in the past 24 hours. The price is trading in a downtrend with high volatility and it is likely to test the $7,500 or $7,200 support level if it falls even further. There is a bearish trend line observed with resistance near...
Coindirect Launches OTC Brokerage Headquartered in South Africa
30.9.2019
Cryptocurrency clearinghouse Coindirect has launched an over-the-counter (OTC) brokerage in South Africa to allow cryptocurrency traders to make large volume transactions (of liquidity pool), by operating with international platforms, which would enable instant Bitcoin (BTC)-payment confirmation...
Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide
30.9.2019
Banks are laying off workers across the globe as revenue declines throughout the sector. According to reports, banks have announced nearly 60,000 job cuts so far this year, with most of the layoffs happening in Europe, especially in Germany. Also read: Panic at 137 Bank Branches as RBI Limits...
IOVLabs Purchases Spanish Facebook’s Rival Taringa
30.9.2019
Taringa is one of the leading social media platforms placed in the third position in Latin America and second in Argentina network. It was introduced in 2004. Currently, there are 17.5 million registered users and 70 million monthly visitors. It is present in every Spanish speaking country such...
Bitcoin Continues the Fall; Trades Below $8000
30.9.2019
Bitcoin falls below 8000 USD in the last 24 hours The next support may come at 7704 USD The last week’s disastrous price movement is continuing in most of the major coins. Bitcoin has been down below 8000 USD. In the last 24 hours, with a single sign of growth, it has traveled from 8200...
Bitcoin (BTC) Reflects Support at $8,000; Expected to Rise Despite Bear Attack
29.9.2019
Bitcoin is dealing with a moderate loss since the morning. The currency is holding itself tight around $8,000. A few days ago, the BTC price was at $10,000, but then it fell. The traders and enthusiasts are looking forward to a recovery in the coin which would lead the market towards the price...
Mark Yusko Endorses Bitcoin; Says Investors should Buy it Despite Daily Price Fluctuations
29.9.2019
Despite the growing turbulence in the prices of Bitcoin, it has got a major endorsement from Mark Yusko, the veteran in the field of the hedge fund. Yusko, the founder, CEO, and CIO of Morgan Creek Capital emphasized that one should not be deterred from buying the cryptocurrency considering...
How North Korea Uses Cryptocurrencies to Get Around U.S. Sanctions
29.9.2019
North Korea has always been under suspicion for either being involved with some notorious projects or for directly or indirectly funding weapons of mass destruction using digital currencies. Recently, the country was accused of stealing cryptos worth $2 billion to support the development of deadly...
Hidden Lightning Network Bug Allowed Spending of ‘Fake’ Bitcoins
28.9.2019
A bug discovered in the Lightning Network in June, which allowed lightning bitcoins not backed by actual bitcoins to be spent, has officially been addressed in a new dev full disclosure report released on Friday. The problem has reportedly been remedied, but the security oversight casts doubts...
Emsisoft launches Fix for WannaCryFake Bitcoin Ransomware
27.9.2019
Emsisoft, the IT firm recently released a fix for the bug that is hovering in the WannaCryFake, the bitcoin-ransoming malware. WannaCryFake is another version of the popular WannaCry ransomware which targeted the computers from Microsoft in 2017. It works by either encrypting the victims’ data with...
Fold Unveils New Application with Sats-Back Program on Fiat Purchases
27.9.2019
Fold application, a mobile application for shopping which lets users shop at their favorite retailers via the Lightning Network has announced the launch of its new application on September 25, 2019, via a Medium blog post. The blog post, penned by the company’s CEO Will Reeves, reveals that the...
Protests Led RBI to Raise PMC Bank’s Withdrawal Limit
27.9.2019
The Reserve Bank of India has relaxed the withdrawal limit of 1,000 rupees (approximately $14) it placed on a cooperative bank a couple of days ago. The central bank said it aims to reduce the hardship of depositors after many heavy protests followed its original order. Also read: Panic at 137 Bank...
Tauros Would be Accepting Crypto Payments via Debit Cards
26.9.2019
The banking company, Tauros claimed that they would accept payments from their customers in cryptocurrencies if, the customers use their debit cards. The banking firm announced that their new digital accounts would let customers deposit money via tokens like Bitcoin and will also accept fiats....
Monex Offers Crypto Rewards to Shareholders Furthering Japanese Adoption
26.9.2019
Owner of popular Japanese crypto exchange Coincheck, Monex Group, has now announced it will reward shareholders in the company with crypto. Shareholders are to receive a BTC dividend provided they have a Coincheck account. With Japan viewed as one of the top crypto adoption hotspots globally,...
Bitcoin (BTC) Continues to Struggle; Falls to $8,300 Now
26.9.2019
Bitcoin loses 4.34% to be placed near 8,300 USD. The next support may come at 8,293 USD. Bitcoin continued to struggle in a queue for the second day. Over the last 24 hours, it has been down by 4.34%, and the BTC price has now fallen to 8300 USD price range. Yesterday, the coin touched …
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Bitcoin’s Network Hashrate Plunges To 40% Flash Crash
25.9.2019
A piece of shocking news was observed in the industry after Bitcoin’s network Hash rate was dipped to record low at 57,700,000 TH/S from 98,000,000 TH/S. Within 14 hours, Hashrate dipped sharply to half of its previous value, which indicates that almost half of the security has been removed, which...