News

JPMorgan, the US bank whose CEO Jamie Dimon once called Bitcoin a scam and held a bearish stance for the cryptocurrency market, today announced the launch of its stablecoin and blockchain protocol after years in the development. JPM’s stablecoin makes an appearance Takis Georgakopoulos, the bank’s global head of wholesale payments, confirmed in a note […]

Bitcoin is spiking higher once again as buyers continue to rush in. According to CryptoSlate market data, the price of Bitcoin currently trades for $13,680, its highest price this year, and a price just shy of 2019’s high at $14,000. Analysts are optimistic that Bitcoin will continue its rapid ascent in the near future due […]

Darknet marketplaces and their operators have been the focus of authorities since the last decade. But the rise of cryptocurrencies has seemingly borne well for such illicit online shops, with a recent CipherTrace report stating they have hit record highs (both number of shops and scams) in the past year. Crypto rise buoys darknet markets […]

Despite the stagnation in the altcoin market, evidenced by Bitcoin outperforming Ethereum in its latest leg higher, investors are still throwing millions at new investments. This much was made clear when BarnBridge’s native token BOND launched. The coin proceeded to rally exponentially despite only a small float of the coin being released due to vesting […]

Analysts have argued that much of Bitcoin’s recent upward price action is a byproduct of institutional players entering the fray. Open interest in the CME’s Bitcoin futures market, along with on-chain trends, suggests that a number of large players are the ones accumulating the coins, driving prices higher. An analyst says that once retail investors […]

Bybit, the top six Bitcoin futures exchange by open interest and daily volume, is integrating the price feeds of Chainlink (LINK). As a blockchain optimized to provide oracles to decentralized finance (DeFi) protocols, Chainlink allows platforms to retrieve reliable market data. By integrating Chainlink’s Price Reference Data, traders would access additional price data and index […]

Social distancing regulations and the fear of microbes-ridden surfaces have pushed physical shopping and transactions in cash to the backseat. In a recently conducted poll, 82% of Master Card’s global users favored contactless payments as a cleaner alternative to cash. The e-commerce giant Amazon saw a staggering surge of more than $570 billion USD in […]

Harvest Finance, a decentralized finance (DeFi) project led by an anonymous team, was attacked using a flash loan exploit earlier today leading to millions of dollars worth of FARM tokens stolen by hackers and its prices falling over 60% at press time. “The economic attack was performed through the curve y pool, stretching the price […]

Ethereum developer and Wikiscanner creator Virgil Griffith filed a motion last week to dismiss US government charges of him “aiding” the North Korean government, documents released last week showed. Griffith was arrested in November last year after speaking in a North Korean cryptocurrency conference. Authorities claimed he violated the “International Emergency Economic Powers Act” by […]

On Friday, Wall Street bank JPMorgan released a report covering the latest trends in Bitcoin and cryptocurrency extensively. The report shocked much of Crypto Twitter as years prior, the firm’s chief executive seemed to have a distaste for cryptocurrencies. This has changed as Bitcoin and similar technologies have proven their legitimacy, with firms like Fidelity Investments […]