Thu, January 30

Chinese Police Seized $4.2B Worth of Crypto From PlusToken Ponzi

Chinese police have seized over $4.2 billion in crypto assets over the PlusToken Ponzi scheme as per The Block blog post. The PlusToken, a South Korean crypto exchange, and wallet provider. Moreover, the Ponzi scheme first released its white in February 2018. It promised users attractive payouts capable of generating

November 27, 2020 1 min read

Ethereum Moving Near $850, Other Altcoins Spikes

Ethereum could soon skyrocket as high as $850. The next resistance is just under $600. Over 290,000 ETH Staked on ETH 2.0. Other altcoins like WaterDrop, Jobchain, Veles, Yearn.Finance (YFI) price spiked. Analysts explained that Ethereum could soon skyrocket as high as $850. Other altcoins’ prices are also increasing indicating

November 23, 2020 3 mins read

Ripple’s CTO David Schwartz Lost $300,000 Over Altcoins

Key Takeaways: Ripple’s Chief Technology Officer lost over $300,000. Ripple CTO’s risk-avoiding decision. Schwartz sold 40,000 Ethereum at $1 each. He also sold Bitcoin at $750 and Ripple at $.10 per crypto. Ripple’s Chief Technology Officer (CTO) David Schwartz lost more than $300,000 in investing over altcoins. Ripple CTO Lost

November 11, 2020 2 mins read

Ethereum (ETH) Price Maintain its Uptrend As it Could Reach $500

Ethereum (ETH) price continues to maintain its uptrend position as its price could go beyond $500.  Ethereum, an open-source blockchain innovation platform that brings out secure crypto transactions. It is considered one of the best digital currencies in the crypto world. According to CoinGecko, ETH’s price is at $445, at

November 10, 2020 1 min read

Ripple Sets Up its Regional Headquarters in Dubai

Ripple, the San Francisco-based fintech firm is now set to open its regional office within Dubai International Financial Center (DIFC) district. Ripple announced its interest in opening a regional HQ in Dubai.  However, the fintech firm no longer wants to be situated in San Francisco. This is due to the

November 9, 2020 2 mins read

Ethereum 2.0 Will Launch on December 1 as Deposit Contract Deployed

The most awaited first phase of Ethereum 2.0’s deposit contract address has been deployed. The developers are setting up for a genesis block event on December 1, 2020. Ethereum 2.0 is considered to be the network’s largest update. The upgrade introduces many protocol improvements, including economic changes impacting regular users. 

November 5, 2020 2 mins read

DeFi Price Declines While Bitcoin (BTC) Booms

The decentralized finance (DeFi) tokens has ended its market hype as Bitcoin (BTC) maintains its bullish price. Correlation between Bitcoins and DeFi tokens The DeFi market is one of the most popular ecosystems in the crypto world. It has caught the attention of many investors in the crypto world. However

November 3, 2020 2 mins read

Italian Man Caught Using Airport Computer System for Illegal ETH Mining

An Italian airport staff member took advantage of his workplace computer systems illegal mining of Ethereum (ETH). According to Rai News report, a man who was in charge of managing the computer system at Lamezia Terme International Airport in the southwest region of Calabria was caught illegally mining Ethereum (ETH).

October 30, 2020 2 mins read

Australian First Crypto-friendly IPO Firm Will Accept Tether

Stax, an Australian crypto-friendly capital raising platform announced that West Coast Aquaculture (WCA) will conduct its first Initial Public Offering (IPO). WCA is a company that operates an aquaculture farm in Australia. It will allow investors to participate in its IPO purchase equity using the cryptocurrency Tether (USDT) or Australian

October 29, 2020 2 mins read

Harvest Finance Puts $100K Bounty After $24M Attack, FARM Token Crashes

A decentralized finance protocol Harvest Finance seemingly issued a $100,000 bounty reportedly after a $24 million attack from its pool. Harvest Finance is a DeFi yield aggregator. FARM is its native cryptocurrency. It has one admin key for making changes to the smart contract. Essentially, the holder of this key

October 26, 2020 2 mins read
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