Tue, November 26

Search Results for: cryptocurrency

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

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

Expert Says: Bitcoin (BTC) Spikes to $400K if Biden Wins US Election

Financial Guru Max Keiser says that Bitcoin is projected to reach $400,000 (approx. £303,862) in case Joe Biden, a Democratic presidential challenger wins the US Presidential election. The US Presidential election is a trending topic right now around the world. While the US is getting ready for the election results,

November 7, 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

BitMEX Co-Founders Allegedly Looted $440M from the Exchange

HDR Global Trading Limited, the parent firm of the cryptocurrency exchange Bitmex is facing a civil lawsuit claiming the exchanges three co-founders looted $440 million from the platform. HDR Co-founders faced criminal charges Moreover, the co-founders of the exchange are Arthur Hayes, Ben Delo, and Samuel Reed. However, they have

November 2, 2020 2 mins read

Bitcoin Price Soars Above $14K, First Time Since Whitepaper Release in 2008

Bitcoin (BTC) price soars high, reaching a bullish price of over $14,000 for the first time in over twelve years. Bitcoin (BTC) is one of the most famous cryptocurrencies in the digital space. It is one of the favorite cryptocurrencies by many. This is also due to its bullish uptrend

October 31, 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

Bitcoin (BTC) Price Spikes Above $13k First Time Since January 2018

Bitcoin (BTC) price surges above $13,000 for the first time in over two years following positive news on the leading crypto over the week. BTC was the first cryptocurrency to successfully record transactions on a secure, decentralized blockchain-based platform. BTC reached above $13,000 in January 2018, six weeks after it

October 25, 2020 2 mins read