News

The third largest Ponzi scam in history, Plus Token Wallet, allegedly scammed investors out of $3 billion in cryptocurrency. Over $2.1 billion of this is in Bitcoin. As the perpetrators make their exit these coins could flood the market and tank prices. Background on Plus Token Plus Token Wallet was a mobile application promoted across […]

The @Bitcoin Twitter account has deleted dozens of older tweets where Bitcoin Cash was mentioned. Many believe this is aimed to revamp the company, which just announced it will be launching a new peer-to-peer cryptocurrency exchange. Deleting all traces of the Bitcoin Cash Officially launched in 2008, the Bitcoin.com domain has been at the forefront […]

The crypto industry is gearing up for an event-packed few months. From the resolution of the New York Attorney General’s injunction against Bitfinex and Tether to the final decisions of the long-awaited cryptocurrency ETFs, here’s a list of some of the most relevant dates in the crypto industry to keep an eye on. Aug. 22: […]

Bitcoin threatens to break above $11,000 once again after its recent drop to $9,500. Although BTC dominance appears overdue for a major correction, it still remains bullish from a technical perspective. The market sentiment around Bitcoin was stoked following Bakkt’s approval for physically-settled Bitcoin futures. As the first signs of the continuation of the bull […]

Binance announced that it is planning to launch an open blockchain project focused on developing localized stablecoins around the world, competing with Facebook’s Libra. Reshaping the world’s financial system Over the last few years, Binance has actively communicated the need for a “global, multi-dimensional customer network and compliance system” to different regulatory authorities around the […]

Decentralized liquidity network Bancor Protocol has launched its long-awaited staking liquidity facility. The provision enables users to safely store their assets in liquidity pools, known as Bancor Relays, enabling third parties to perform token conversions with minimal slippage. In doing so, token-holders will be entitled to a share of the fees for each conversion they […]

Charlie Lee announced that Litecoin controls 98 percent of the hash rate for its “Scrypt” mining algorithm. This dominance is critical for the security of LTC. Meanwhile, other coins which have minority control over their algorithm, such as Bitcoin Cash and Bitcoin SV, remain at high risk of malicious attack. On Aug. 12, Litecoin creator […]

Protesters in Hong Kong have taken to a new non-violent tactic, withdrawing cash in mass from ATMs and banks and converting it to U.S. dollars—foreshadowing things to come for Bitcoin. On Aug. 16, protesters in Hong Kong announced plans to withdraw their cash from the banking system in protest of overreach from mainland China, reported […]

Monolith is bringing crypto adoption to the mainstream with a debit card that lets you spend your coins and tokens anywhere in Europe that Visa is currently accepted. The news follows an announcement from UK-based Monolith that they have partnered with MakerDAO and Digix to offer their tokens on the platform. Creating gold for the […]

The second half of 2019 is now upon us. As we all know, 2018 was a terrible year for cryptocurrencies as the market slumped and lost much of its 2017 gains. The market sentiment at the start of this year was evenly divided between cautious optimism and fearful pessimism. However, cryptocurrencies have managed to climb […]