Tue, September 22

Seoul Police Seized South Korean’s Crypto Exchange Bithumb for Second Time

Seoul Metropolitan Police Agency’s Intelligent Crime Investigation Unit raided Bithumb for the second time in connection to the BXA token fraud allegations against its Chairman. Bithumb is the largest crypto asset exchange in South Korea. It has over 8 million registered users. One million mobile app users and the current

September 8, 2020 1 min read

Binance Leads its Way While BNB Still Undervalued

Analysis has illustrated that Binance’s native token, Binance Coin (BNB) is undervalued overall while Binance, the largest spot cryptocurrency exchange in the world still leads its way. BNB initially issued as an ERC-20 token on the Ethereum platform. The initial total supply of BNB was 200 million coins, but due

September 7, 2020 2 mins read

Dash Introduces Protocol Versioning With New Updates Every Six Weeks

Dash, an open source cryptocurrency, has released its fourth new update which makes it easier for developers to begin transitioning to a testnet and mainnet. Dash released a new update of v0.15 over the weekend. However, this is the 4th release by its newly defined process. And 5th release overall.

September 6, 2020 1 min read

Stablecoin Market Gains $100M Per Day, USDT Surpasses XRP

Stablecoin marketcap increases by $100 million every single day, and the world’s largest stable coin Tether (USDT) outperforms Ripple (XRP) by marketcap. A stablecoin is a cryptocurrency pegged to other assets like the dollar or the euro. The current supply of stablecoins has been increasing by roughly $100 million daily

September 5, 2020 2 mins read

Influencer Tone Vays Offered $500k for Unnamed DeFi Promotion

Unnamed Decentralized Finances (DeFi), a current hyped niche in the crypto industry, has offered a trader and Youtuber Tone Vays $500k for promotion. Normally in the crypto industry, the social media platform like Youtube and Twitter holds sponsored content. However, Through this sponsored content influencer will receive payment for promoting

September 3, 2020 1 min read

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