Search
IPOs Are ‘Really Not Worth It’ Says Tim Draper
6.7.2020
Serial blockchain investor Tim Draper welcomes diversity in terms of funding blockchain and crypto startups
Get Worldwide Postal Code Data with Zip Code API (Sponsored)
6.7.2020
Accurate shipping and location information is well worth the price you need to pay for it. You can sell that information, you can target consumers to perfection, and save yourself loads of frustration when it comes to shipping. Creating your own location API isn’t worth the time — there...
Trouble in Defi Paradise: Compound-Issued DAI Surpasses DAI in Circulation
3.7.2020
A number of cryptocurrency proponents have been discussing the stablecoin DAI this week, as the DAI allegedly held on the Compound platform is much larger than what is recorded in circulation. At press time, Compound statistics show there’s $523 million worth of DAI held in reserves, while...
UK Court Denies Maduro Access to $1 Billion of Venezuela’s Gold
3.7.2020
The UK is denying Nicolas Maduro access to Venezuela’s gold worth about $1 billion, stored at the Bank of England. The UK High Court has ruled that the country does not recognize Maduro as president of Venezuela, blocking him from accessing the much-needed gold. England Denies Maduro Access...
Ravencoin Exploit Sees Hackers Mint USD 6m Worth of RVN
3.7.2020
The team behind the ravencoin (RVN) token have revealed that hackers have exploited a vulnerability in the network that allowed them to mint and then trade almost USD 6 million worth of tokens.
Per an official blog post, the team stated that the exploit is still being investigated, but that hackers...
Report: $300B Worth of Food Will Be Traced Using Blockchain and IoT by 2027
3.7.2020
A report claims that the global food industry could save over $100 billion annually by implementing blockchain and IoT technology
Sun Sets on Offshore Banking as Assets Worth $11 Trillion Uncovered
2.7.2020
The three-year old Common Reporting Standard is uncovering offshore assets on a massive scale, highlighting cryptocurrencies as a potential alternative
Lebanese Pound Falls 50% in Ten Days — Now Worth One Satoshi
2.7.2020
A deepening monetary crisis has seen Lebanon’s national currency plummet a further 50% over the last ten days to reach parity with a single satoshi
Tether’s Market Valuation Grows 144% in 2020, USDT Market Cap Worth $10 Billion
2.7.2020
The most popular stablecoin, Tether, has propelled its way into the third-largest position by cryptocurrency market capitalization. At the time of publication, a number of market valuation aggregators show that Tether’s market cap is between $9.1 to $10.1 billion. Tether (USDT) is a well...
Gold Industry Shaken as 83 Tons of Fake Gold Bars Used to Secure $2 Billion Loans in China
1.7.2020
The gold industry has been shaken after it was discovered that 83 tons of fake gold bars have been used as collateral for loans worth 20 billion yuan from 14 financial institutions to a major gold jewelry manufacturer in Wuhan, China. This amount of gold “would be equivalent to 22%...
‘Sophisticated’ Hacker Plunders $450,000 From Defi Protocol Balancer
29.6.2020
Decentralized finance (Defi) protocol ​Balancer was on Sunday hacked for more than $450,000 worth of cryptocurrency. In two separate transactions, an attacker targeted two pools containing Ethereum-based tokens with transfer fees – or so-called deflationary tokens. Pools with Sta...
Innovation Grant Worth $15 Million to Encourage Asian Blockchain Startups
28.6.2020
Singaporean blockchain developers Building Cities Beyond creates an innovation grant to encourage development on its ecosystem
Skeptics Concerned Plustoken Scammers Plan to Dump $187M Worth of Ethereum
28.6.2020
Crypto market skeptics and speculators are concerned about 789,000 ETH that started moving four days ago last Wednesday. The transaction was recorded by Whale Alert, and the $187 million worth of ether stems from the Plustoken scammers. On Wednesday, June 24, 2020, at approximately 9:46 a.m. (ET)...
Bitcoin Price Dump: Miners Start Selling 9,000 BTC, Possibly Opening Bear Cycle
25.6.2020
Bitcoin miners on Tuesday transfered nearly 3,000 bitcoin, worth around $28 million, directly into exchange wallets. Several thousand others were likely moved via over-the-counter (OTC) deals. Direct exchange transfers represent the largest flow of bitcoin (BTC) from miners to such platforms...
Argo Buys $500K-Worth of Zcash Miners as Bitcoin Revenue Shrivels
24.6.2020
Doubling its mining capacity for privacy coin zcash could help Argo diversify after last month’s halving knocked its bitcoin revenue
Bitcoin Whale Transfers $2.2 Billion Worth of BTC for Just $7
19.6.2020
Whale alert reports that a so-called whale has transferred the equivalent of $2.24 billion in bitcoin for less than $7. In a series of tweets on Friday, the crypto tracking tool said the bitcoin (BTC) whale sent a total of 241,500 BTC in seven successive transactions within one hour. Each...
Crypto Card Issuer Wirecard Missing $2.1 Billion Cash, Company Shares Plunge 62%
19.6.2020
About 1.9 billion euros ($2.13 billion) worth of cash is missing from one of Wirecard’s trust accounts and the crypto debit card provider cannot as yet account for the money, the company reported on Thursday. In a statement, the major German payment processor blamed “spurious”...
Speculation Rife as User Pays a Second $2.6 Million Fee in Ether Transaction
11.6.2020
History repeated itself on Thursday, after the Ethereum blockchain processed another transfer with fees of $2.6 million – the second such unusual, record-fee transaction in 24 hours. A user sent 350 ether (ETH), worth about $86,400 and paid 10,668 ETH, or $2.6 million, in transaction fees....
Nightmare Come True: User Pays $2.6 Million in Transaction Fees to Send $134 of Ether
10.6.2020
A record ethereum transaction fee has been paid today: $2.6 million to transfer $134. The user probably mixed up the fields on the value of the transfer and the fee, eventually paying 10,668 ETH in fees, or $2.6 million, on a transaction mined by Sparkpool. A nightmare come true, the customer sent...
Market Update: Bitcoin Train Inches Toward $10K, Wild Predictions, Trillion Dollar Crypto Economy
10.6.2020
On Wednesday, the market valuation of all 5,000+ cryptocurrencies is worth around $277 billion after a few coins gathered decent gains during the morning trading sessions. Today, bitcoin is trading for over $9,783 per unit and many traders believe the asset will surpass $10K once again. However...