News

Facebook’s bold “new global currency,” Libra, was hit by an antitrust probe from regulators in the European Union because it could unfairly dominate the market, according to a document seen exclusively by Bloomberg. The Executive Commission of the EU is studying Libra to see if it could breach anti-competition laws. Considering Facebook’s historic use of […]

OFAC and FinCEN announced a coordinated effort to sanction three Chinese nationals for an international drug trafficking operation with profits laundered via Bitcoin and Litecoin. The culprits, identified as Xiaobing Yan, Fujing Zheng, and Guanghua Zheng, were accused of manufacturing and distributing lethal narcotics. These drugs contributed directly to the opioid crisis in the United […]

Cardano’s official commercial and venture arm, Emurgo, signed a memorandum of understanding with two government-approved trade associations in Korea. The partnerships will focus on implementing Cardano for Korean digital content and mobile gaming. Emurgo enters the Korean market Cardano adoption continues to grow in Asia. The company’s official partner and commercial arm, Emurgo, partnered with […]

The Crypto Fear and Greed Index reached its lowest value in history. As Bitcoin hovers below $10,000, investors fear the potential for further decline could jeopardize the idea that a new bull market materialized. “Extreme fear” around the crypto market Bitcoin’s volatility caught the market by surprise. Many investors saw the recent upswing that took BTC […]

There is another claimant to the Satoshi Nakamoto throne. The newest iteration presents numerology and an acronym for a defunct Pakistani bank as ‘evidence’ in the latest Bitcoin-related publicity stunt. The latest Faketoshi claims that the word Bitcoin was created as an acronym for the defunct Pakistani bank “Bank of credIT and COmmerce INternational,” and […]

The latest wave of giveaway scams has returned to Twitter and new suckers are entering the cryptocurrency sphere. Now, every meaningful crypto celebrity has their own botnet scamarazzi. The golden age of giveaway scams Giveaway scams have existed for as long as crypto has been talked about on Twitter. These scams promise instant returns to […]

CryptoCompare’s latest report found that low-quality exchanges dominate the crypto market in terms of volume. Although reputable exchanges such as Binance and Coinbase saw a significant increase in market share this year, investors (or wash traders) still seem to prefer trading through riskier platforms. Low-quality cryptocurrency exchanges still dominate the market CryptoCompare‘s monthly review offers […]

The self-proclaimed Satoshi Nakamoto has been caught lying and falsifying documents yet again. A pre-Bitcoin paper Craig Wright claimed he wrote in 2007 was actually uploaded on Aug. 18 and edited in Microsoft Office 365, software that didn’t come out until 2011. Faketoshi’s web slowly untangles The self-proclaimed Satoshi Nakamoto made headlines once again after […]

Bitcoin dipped below $10,000 after nearly reaching $11,000. Despite the bullish sentiment seen across the market following Bakkt’s approval for physically-settled Bitcoin futures, BTC is sitting at a pivotal point that could mark the direction of its trend in the near future. The following technical analysis will evaluate the price points that could signal the […]

The rise of multi-billion-dollar custodians, like Coinbase, have revived historical fears that institutions could erode the founding principles of Bitcoin as decentralized, sound money. Cryptographer and legendary BTC pioneer Hal Finney made an optimistic prediction about just this nearly a decade ago. Finney seemed to foresee the rise of custody giants in a December 2010 […]