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Altcoins soar after Bitcoin price bounces off a key moving average
19.8.2021
Bitcoin price reliably bounced off the 20-day moving average, which catalyzed an explosive rally from VGX, CHSB and EWT
Avalanche (AVAX) in 'overbought' zone after 100% gains in a week — Correction ahead?
19.8.2021
The AVAX/USD exchange rate slips more than 16% after testing its May 2021 resistance level
Crypto Exchange Liquid Hacked, Loses Millions in Various Currencies
19.8.2021
Japanese cryptocurrency exchange Liquid is suspending deposits and withdrawals after a security breach resulting in the loss of around an estimated $80 million in digital assets. The platform published the suspected hacker’s addresses and said it’s moving funds to cold storage. Hacker...
Nigerian Central Bank Freezes Bank Accounts of Fintech Firms, Accuses Them of Violating Forex Regulations
19.8.2021
The Central Bank of Nigeria (CBN) reportedly frozen bank accounts belonging to four fintech firms for up to 180 days after a Federal High Court in Abuja acceded to an “ex parte motion.” The ex parte motion, which is a form of temporary suspension, was granted after a Nigerian chief...
Financial Warfare: Afghan Central Bank’s $10B Confiscated by US, Biden Halts USD Shipments to Afghanistan
18.8.2021
The war in Afghanistan has been an extremely long conflict since the United States invaded the country in 2001, in order to drive the Taliban from power. After a messy exit, the U.S. occupation in Afghanistan has been compared to mistakes made during the Vietnam War. Now that U.S. forces have left...
Stellar (XLM) Takes Support After Strong Profit Booking Session
18.8.2021
XLM is no stranger to crypto-investors. Being the most popular financial cryptocurrency after XRP it is one of the cryptos with high potential. The fact that the same co-founder laid the foundation of XLM indicates an edge over the former cryptocurrency. After giving an outstanding 100% return...
BitPanda Valued At More Than $4B After Series C Round
18.8.2021
BitPanda, the cryptocurrency exchange, has recently earned a valuation of more than $1.2 billion during the Series B session of $170 million. Established in 2014, BitPanda is headquartered in Vienna. The Series B session was then extended by €10 million in May 2021. The extended round that tripled...
Venezuelan Authorities Reconnect Affected Bitcoin Miners to Power Grid
18.8.2021
Venezuelan authorities have reconnected affected bitcoin miners to the power grid in Carabobo state, after having been disconnected for undisclosed causes. Sunacrip, the cryptocurrency watchdog in the country, mediated between the regional power utility authorities and the affected miners,...
Kenyans Cautioned Against Investing in BTC Company Promising Returns of 400% in Six Hours
18.8.2021
A Kenyan regulator, the Capital Markets Authority (CMA), has cautioned investors and Kenyan citizens against investing with Fxbitinvest, a bitcoin trading company. The warning was issued after the regulator noted Fxbitinvest’s use of exaggerated return-on-investment promises to lure...
Team officially re-establishes Dogecoin Foundation after 6 years
17.8.2021
Advisory board members for the foundation include Vitalik Buterin, Billy Markus, Max Keller, and Neuralink CEO Jared Birchall — representing Elon Musk’s interests
Arson Suspected After House Of Twitch's Biggest Female Star Catches Fire
17.8.2021
Kaitlyn “Amouranth” Siragusa, the most-watched woman on Twitch, said in a Twitter thread that her house caught fire last Friday. According to Siragusa, investigators haven’t pinpointed a specific cause but “strongly suspect arson.”Read more
Big Three Credit Agency Fitch Warns El Salvador Adopting Bitcoin Will Negatively Affect Insurers
17.8.2021
Fitch Ratings, the American credit agency and member of the ‘Big Three’ credit agencies, has published a paper on El Salvador’s adoption of bitcoin and making the crypto asset legal tender in the country. Fitch believes that after the country enforces the new tender law it will...
Alex Saunders again under fire after virtual HQ in Decentraland fails to launch
17.8.2021
Controversial crypto influencer Alex Saunders is making headlines again, with followers claiming he raised $57,000 in NFT from them to launch a virtual community headquarters that hasn’t materialized
Teacher ‘Treatened Pupil with Weapon’ After Suffering Bitcoin Losses
17.8.2021
Source: AdobeStock / c_atta
A South Korean school teacher who asked their students to invest in bitcoin (BTC) for them went on to threaten one of their teenaged students with a weapon after token prices began to fall.
Per Chosun, the teacher in question, an unnamed 48-year-old head of a private...
Will Cardano Rally Further Or Retrace After Hitting a New ATH?
16.8.2021
Cardano has the capability to solve three huge problems of the blockchain world, Interoperability, Scalability, and Sustainability. Becoming Internet of blockchains will surely enable it to offer a lot more features, but that will be taking some time. By the time, ADA grows to a massive extent...
Centric Completes Migration to Binance Smart Chain
16.8.2021
PRESS RELEASE. After two-and-a-half years on the TRON blockchain, cryptocurrency project Centric completed their migration to the Binance Smart Chain (BSC). Centric announced the decision to migrate in May. Later that month, cybersecurity firm iosiro completed an audit of the updated BSC smart...
Blockchain Entrepreneur to Regulators: ‘Crypto Community a Useful Ally’
16.8.2021
To many people, the year 2020 will probably go down in history as one of the most consequential of the century. After all, it was the year when governments, health professionals, and business owners all seemed to have a common goal: stopping the spread of Covid-19 at all costs. Indeed, in...
TIME Partners With Cool Cats NFT Project, Business Magazine Fortune’s NFT Sale Raises $1.3M
15.8.2021
Two of the largest American news magazines, Fortune and TIME, have jumped headfirst into the non-fungible token (NFT) ecosystem in recent times. The New York-based multinational business magazine Fortune raised $1.3 million selling its first NFT collection this week. Furthermore, after selling...
British Court Orders Binance to Identify and Freeze Hackers’ Accounts After a User Claims Funds Stolen
14.8.2021
A U.K. judge has reportedly ordered cryptocurrency exchange Binance to identify hackers and freeze their accounts after one of its users claimed to be the victim of a $2.6 million hack. Binance Ordered to Help Recover Funds Allegedly Stolen in a Hack A London high court has ordered global...
Bitcoin holds $46K support after failed breakout, Cardano price passes $2.20
14.8.2021
$48,000 proves too much for BTC bulls Saturday as Cardano's ADA hits $2.20 in a fresh show of strength