Mon, December 16

Bitcoin Expected to Spike Over $55k in 2020, 500 BTC Outflows

Bitcoin(BTC) is on track after four months of halving, it follows a similar graph of 2012-2016 halving, which shows a positive sign.  Investors can be patient and hold Bitcoin Says Plan B creator. “Patience is Virtue” Additionally, Bitcoin the first and top cryptocurrency in terms of market capitalization. It dips

September 2, 2020 2 mins read

Seoul Police Seized South Korean’s Largest Crypto Exchange Bithumb

Bithumb, the largest cryptocurrency exchange in South Korea. It reportedly raided by Seoul Metropolitan Police Agency’s Intelligent Crime Investigation Unit, for a $25 million token sale on its platform. As per the report, the raid was connected to the Chairman of the Board at Bithumb Korea and Bithumb Holdings Lee

September 2, 2020 1 min read

Bitcoin Price Hits $12k Again, Traders are Turning Bullish

Bitcoin (BTC) reached $12k after being rejected at the threshold two weeks ago. Traders are becoming more optimistic that the crypto asset will hold the key level this time. Bitcoin has reached $12k for four times since August 2, 2020, but changing the crucial resistance level to support has been

September 1, 2020 2 mins read

Chainlink Acquires Blockchain Oracle Solution From Cornell University

Chainlink has made its second acquisition with Cornell University’s privacy-preserving oracle solution DECO for an unrevealed amount.  Deco Co-Founder Ari Juels will be joining Chainlink as a Chief Scientist. Since 2014, he has been teaching at Cornell University, one of the premier blockchain hubs in the world. He took leave

August 29, 2020 2 mins read

South Korean Crypto Exchange Coinbit Seized for $84 M in Wash Trade Allegations

South Korea cryptocurrency exchange Coinbit seized by police for allegedly making false transactions to obtain 100 billion won ($84m). As per the report from Seoul Shinmun, South Korea’s oldest newspaper, police accused Coinbit Owner Choi Mo and other managers for handling multiple accounts, controlling cryptocurrency prices, and raising transaction volume. 

August 29, 2020 2 mins read

Russia’s Top Crypto Exchange Website was Blocked by Telecom Regulator

BestChange.ru, an aggregator of over-the-counter (OTC) cryptocurrency suppliers in Russia, is being blocked by the country’s internet censorship agency, Roskomnadzor. According to the popup announcement on BestChange.ru, the website is still available to the users through VPN or websites like BestChange.net. Website block announcement is made on local social media

August 27, 2020 1 min read

290 Hacks Have Robbed The Crypto Industry Over $13 Billion

According to blockchain security firm Slowmist, hackers have looted the crypto industry of more than $13 billion in 290 different hacks. As the crypto industry grows, the exploits seem to happen weekly either on an exchange, a blockchain, or a crypto wallet. The crypto users and investors must take precautions

August 26, 2020 1 min read

Bitmex Restricts Ontario Residents As Mandated By Candian Regulators

Bitmex, a cryptocurrency derivative exchange will restrict access to users from Ontario, Canada, starting from Sep. 1, 2020, restrictions are mandated by the Ontario Securities Commission (OSC). The Ontario Securities Commission (OSC), an independent Crown corporation,  responsible for regulating the capital markets in Ontario. OSC’s statement comes not long after

August 26, 2020 2 mins read

Ryuk Ransomware Hack Wreaked $1M Bitcoin Withdrawal on Binance Exchange

Researchers have traced over $1 million worth of bitcoin sent as payments to Ryuk ransomware controllers and passed through a wallet on the Binance exchange platform. According to an article from Forbes, the researchers said they had analyzed a sample of 63 transactions, linked to the Ryuk malware that was

August 24, 2020 1 min read

Ryanair CEO Says, “I Have Never, and Would Never, Invest One Cent in Bitcoin”

European low-cost airline giant Ryanair CEO Michael O’Leary has come out very bearish on Bitcoin, adding that everyone should avoid the world’s number one cryptocurrency Bitcoin  “like a plague”. O’Leary said, “I would strongly advise everyone with any shred of common sense to ignore this false story and avoid bitcoin

August 24, 2020 1 min read