Ethereum-based (ETH) prediction market Augur is currently facing a design flaw attack, according to research by cryptocurrency exchange Binance released on April 1. The aforementioned attack involves a controversial market described as betting on the price of ETH at the end of March, which expired on April 1, 2019, 1:59 AM (UTC +8), a few hours off from the actual end of March 31. Since the contract expires before that tie, it may be deemed invalid in what Binance researchers Read more …
After multiple private funding rounds over half a decade, the San Francisco-headquartered Lyft, the world’s second largest ridesharing startup, took to the Nasdaq on Friday after months of media hype. While this happening has little to do with crypto on the surface, some industry commentators claim that Lyft’s initial success on American markets could bode well for Bitcoin (BTC) and other digital assets. Silicon Valley’s Biggest Startups May Go Public, Could Crypto Rally? The time has come for some of Read more …
Now that Bitcoin has lost 84% of its value, the crypto space has seen it all. From the crackdown of regulatory bodies of shady ICOs to large corporations like Fidelity starting their own cryptocurrency projects. During this bear market, we have seen some of the most promising projects go silent, we have also lost some of the biggest Youtube and twitter influencers. Capitulation is the perfect word to describe the current market condition. Capitulation means to surrender or to give up. Read more …
Cryptocurrencies have the reputation of often being opaque, difficult to use, and not always user-friendly. That reputation has a lot to do with the early days of cryptocurrency when the only way to participate required specialized knowledge and a familiarity with the often-unwelcoming cryptocurrency scene. Now, however, that reputation is entirely undeserved. In fact, new trading platforms seem to be springing up almost daily. If cryptocurrency really is as difficult as its reputation suggests, what can explain this massive investment Read more …
On March 30, less than 6 months since the shutdown of India’s largest bitcoin exchange Zebpay, one of the last remaining cryptocurrency exchanges in India, Coindelta, closed down its services. In an official statement, Shubham Yadav, the founder of Coindelta, wrote that there has not been enough progress in the process of overturning the decision of the Reserve Bank of India to prohibit local banks from dealing with bitcoin and crypto-related businesses. It’s Already Too Late For the Bitcoin Industry Read more …
Pakistan is putting in place regulations for the cryptocurrency industry. The Express Tribune, citing finance ministry sources, reported Monday that the nation’s federal government has decided to bring in Electronic Money Institutions (EMIs) regulations following recommendations from the Financial Action Task Force (FATF). While the new framework has not yet been made public, draft regulations from the country’s central bank, published in October 2018, would require EMIs to meet certain requirements to be licensed by the country’s government, with firms that do not follow Read more …
Bounty hunters have been helping to bring criminals to justice since the days of the Old West, and they are still just as needed today. If you want to become a bounty hunter and get paid with cryptocurrency, you don’t even need a fast horse or a revolver these days – just useful information on some highly wanted hackers. Also Read: New BCH Apps and a Special Giveaway in This Week’s Video Update From Bitcoin.com How to Become a Bitcoin Read more …
Elon Musk is known for his wacky, un-corporate behavior, but Sunday’s rap song about dead meme “RIP Harambe” was a classic. The heavily auto-tuned song, which at first listen doesn’t appear to be the Tesla boss, is as surreal as it is out of date. The tech- billionaire will get skewered for this one, but it is a classic example of his unique brand of media alchemy. Tesla’s CEO is Social Media Alchemist While Musk’s social media presence has faced Read more …
At long last, the crypto asset market has begun to get back on its feet after 2018’s harrowing decline. Technical indicators are seemingly falling in place for a recovery, and fundamentals have begun to present a positive precedent for Bitcoin (BTC). In fact, one analyst writes that there is currently a “perfect storm” being brewed for the leading cryptocurrency at the moment, citing the rise in certain macroeconomy trends that could be a boon for BTC. Related Reading: Survey: 72% Read more …
The United States Securities and Exchange Commission (SEC) is looking to hire a crypto specialist attorney advisor for its Division of Trading and Markets (TM). The new job listing was posted on March 29 to the official government employment portal, USAJobs. The successful candidate will reportedly be tasked with establishing “a comprehensive plan to address crypto and digital asset securities” in coordination with TM staff and members of other SEC offices and divisions. The new hire would be expected to Read more …
Nipsey Hussle, the LA rapper and cryptocurrency advocate was shot dead yesterday outside his clothing store in LA. His Sudden Death Is a Shock to Many The 33-year-old artist’s sudden violent death is a tragedy for his family and friends, a devastating blow to his fans, and to Bitcoiners everywhere as well. Not everyone knew it, but Hussle (whose real name was Ermias Asghedom) was instrumental in spreading awareness about cryptocurrency. Ironically, or perhaps rather more poignantly, one of the Read more …
View Bitcoin closed the first quarter of 2017 with 10.91 percent gains – the biggest quarterly gain since the fourth quarter of 2017. While bearish exhaustion is evident, a bullish reversal above $4,236 still remains elusive. A sustained break above that level may not happen in the next few months, as the price seems to be mimicking the bottoming pattern seen in nine months leading up to the October 2015 bull breakout. Bitcoin’s short-term outlook remains bullish as Friday’s close Read more …