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CyberVein launches DAVE initiative and signs partnership with Hainan

Singapore, September 3, 2020 – CyberVein, the next generation big data and analytics company is proud to announce two major developments: The launch of Data Analytics and Valuation Exchange (DAVE) an alliance, which enables data-driven and technology companies to utilize their resources more efficiently. The company was awarded the status of Technical

September 5, 2020 3 mins 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

DeFi protocol Bifrost just raised $600,000 in a seed round

The popularity of the DeFi market and expectations for the launch of the ETH 2.0 staking mechanism flood the crypto market in 2020. The rapid development of DeFi and Staking markets is driving the two mechanisms of DeFi and Staking to interact more and more in the blockchain landscape, and

September 2, 2020 4 mins 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

Bitcoin and Its History

The world is becoming ever more contingent on the internet. So it’s no surprise that Bitcoin, a globally secured online version of cash has claimed the interest of investors, but not many shops accept Bitcoin yet and some countries have banned it altogether. Bitcoin is a valuable crypto coin because

September 1, 2020 6 mins read

ABBC Extends COVID-19 Donation Campaign to India

ABBC Foundation, a Dubai-based fintech organization, carried out its initiative to help people withstand the global impact of the novel coronavirus (COVID-19) pandemic. Starting out in Korea, ABBC has extended its noble cause in India. Last August 24, 2020, the ABBC community volunteers reached out to the Kalanipakkam Village located

August 31, 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

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