Advertisment You can find many crypto projects that are hosting airdrop campaigns through which they are giving away tokens. If you are looking to get some free tokens, then check out our list containing the top airdrops of May 2020. Bankiom Estimated value: Referral 20 USD End date: 20 May Bankiom is a new type of bank, available only in digital form. The platform was created to serve as an alternative to traditional banking and to simplify the access and Read more …
Cryptocurrency Visa card platform Swipe announced a partnership with Samsung Pay on May 1. The integration allows Samsung Pay users to make payments from their Swipe Visa card balances using Samsung Pay-enabled devices. The firm claims to have become the first digital wallet platform to provide multi-national support for both Google Pay and Samsung Pay. The integration allows Swipe cardholders in the United Kingdom and European Union to make payments from their crypto balances at over 50 million locations globally. Read more …
Ever since the highs of the 2017-2018 bull market, XRP has not done too well. The third-largest cryptocurrency by market capitalization, per data from TradingView.com, has collapsed by more than 94 percent from its all-time high around $3.40. Although XRP has recovered with the rest of the crypto market over the past few days, there’s a growing confluence of signs that the altcoin is poised to outperform competitors like Ethereum and Bitcoin. One such sign is the below transaction (and another Read more …
Privacy-focused web browser Brave has integrated the Binance widget into the latest stable release across all of its desktop offerings. An announcement on April 30 notes that the widget is enabled by default, placing the Binance cryptocurrency exchange in front of all of the browser’s millions of desktop users. Previously the widget was only available for testing in Brave Nightly and Beta versions. Turn on, tune in, and trade out Any user opening a new tab or window in the Read more …
Argo Blockchain, a bitcoin mining firm listed on the London Stock Exchange, reported stellar 2019 earnings Wednesday. The company attributed its success to cutting off its consumer-facing arm and focusing on mining some 1,330 bitcoin (BTC) on the year. In its full-year results, Argo said 2019 revenue was up 11-fold from the year before, a dramatic spike from $948,000 to $10.7 million. Argo’s earnings before interest, tax, depreciation and amortization (EBITDA) came to $1.74 million, compared to a $4.56 million Read more …
Cryptocurrency lending and borrowing platform Celsius Network has topped 50,000 Bitcoin (BTC) in deposits — worth over $380,000,000 — since its launch back in August 2018. With over 100,000 active users of its app, the company’s growth is now on track to outperform 2019 by 60%. Speaking to Cointelegraph on May 1, Celsius CEO Alex Mashinsky said he believes the growth in the network’s user base and deposits “reflects the increasing unease with the results of the 2008 and 2020 Read more …
Bitcoin (BTC) is now investors’ best bet against central bank money printing, a new report from asset manager Grayscale concludes. In the document, titled “Quantitative Tightening,” the world’s largest digital currency asset manager warned that unlimited fiat money supply risks “debasement” of the U.S. dollar. Grayscale: gold safe-haven role “antiquated” BTC, the largest cryptocurrency, is an ideal safe haven, its technical prowess setting aside from gold, fiat and government bonds. “Untenable levels of debt and fears of widespread default are Read more …
Speaking at the Virtual Blockchain Week (VBW), Tron founder Justin Sun presented his side of the recent events involving Tron’s “partnership” with Steemit Inc, and the subsequent hard fork that resulted in Hive (HIVE) forking away from Steem (STEEM). During February, it was reported that Justin Sun had acquired Steemit Inc alongside the platform’s founder’s reward of 20% of the total STEEM token supply. In response to the purported acquisition, the Steem community moved to initiate a fork to freeze Read more …
After more than two years, San Francisco-based cryptocurrency exchange OKCoin received its license as a Virtual Currency Service Provider in March from the Kanto Local Finance Bureau in Japan. While the country is known for its retail market, the exchange is betting on Japan’s strict licensing regime to attract the institutional investors OKCoin specializes in serving. “Japan is famous for having a lot of money,” said John Feng, CEO of OKCoin Japan, a subsidiary of blockchain services company OK Group. Read more …
Advisors at JP Morgan and Goldman Sachs are discouraging clients from purchasing Bitcoin, claims a California-based wealth manager. Newly launched Digital Asset Investment Management risked losing an institutional client upon the two banks’ intervention. The firm admits that the potential Bitcoin buyer got cold feet right after speaking to his financial consultants. JP Morgan and Goldman Sachs are advising their clients against purchasing Bitcoin, a unique asset whose US dollar-rate has surged 8,000 percent since 2009. Digital Asset Investment Management Read more …
Ethereum co-founder Vitalik Buterin said that issuance on the Ethereum 2.0 upgrade will be drastically reduced in a podcast interview with POV Crypto called “Internet Money”. Discussing some of the differences between Bitcoin (BTC) and Ethereum (ETH), Buterin explained why the team chose Proof of Stake as the upgraded consensus mechanism: “One of the reasons why we’re doing Proof of Stake is because we want to greatly reduce the issuance. So in the specs for ETH 2.0 I think we Read more …
Ripple rallied to a new monthly high at $0.2358 before correcting gains against the US Dollar. XRP price is now trading above the $0.2100 support and likely to start a fresh increase. Ripple price declined sharply after it failed to surpass the $0.2350 resistance against the US dollar. It is now trading above the $0.2100 support and likely restart its increase. There is a major bullish trend line forming with support near $0.2125 on the hourly chart of the XRP/USD Read more …