Bitfinex Launches Staking in Response to Customer Demand April 7, 2020

Major cryptocurrency exchange Bitfinex has become the latest exchange to offer staking services to customers. Announced April 3, Bitfinex will offer staking rewards up to 10% per annum on crypto assets underpinned by a Proof-of-Stake algorithm. “We’re committed to engaging our existing users and the wider community with new products and innovations,” said Bitfinex’s CTO, […]

Blockchain Firms Team Up on Private Coronavirus Testing App April 6, 2020

Genobank, a blockchain project seeking to offer consumers ownership and control over their DNA data, is preparing to launch an app on EOS-based blockchain platform Telos to assist people in accessing anonymous coronavirus testing. According to a recent announcement from the Telos Foundation, the app will also allow users to share that information with healthcare […]

Traditional Traders Show Growing Interest in Crypto April 5, 2020

A survey published on March 31 revealed that senior trading executives believe that large companies in the business would be interested in taking advantage of the recent crypto plunge, particularly Bitcoin (BTC). According to the Adoption of Digital Asset Trading report published by Acuiti management intelligence platform, about 100 venues capable of trading cryptocurrencies have […]

This Historically Accurate Pattern Suggests Epic Bitcoin Plunge to $3K April 4, 2020

The short-term trend of the Bitcoin (BTC) price since its drop to $3700 shows an Elliot Wave pattern forming on lower time frames. While the pattern can reverse to a bullish trend, the declining volume of BTC suggests it is not likely. The Bitcoin price has been ranging in between $5,800 and $6,900, with an […]

Staked Token Supply Doesn’t Correlate with Price, Says Messari Analyst April 3, 2020

As cryptocurrency markets are highly volatile, crypto players can’t stop arguing about what really impacts the price of certain coins and what does not. Some crypto pundits believe a larger amount of tokens staked in Proof-of-Stake (PoS) blockchains could push the price upwards by reducing the circulating supply, making the remaining tokens more valuable. But […]

Investment in Blockchain in Energy Markets Will Top $35 Billion by 2025 April 2, 2020

According to a new report released by Premium Market Insights (PMI), global investment in blockchain technology in energy markets is set to reach $34.7 billion by 2025. Valued at just $156.5 million in 2016, the sector is forecast to grow at a rate of 82% a year.  Although $35 billion seems high, it’s dwarfed by […]

New Blockchain Project Lets Users Choose Their Renewable Energy Source April 1, 2020

Australian blockchain firm Power Ledger and French green energy retailer ekWateur are betting that consumer choice can help spur the transition to sustainable energy usage. In an announcement on April 1, the two firms revealed that they will be offering almost a quarter of a million French residents the opportunity to customize their energy mix, […]

Civic Wallet Now Offers $1M ‘FDIC-Like Insurance’ for Crypto March 31, 2020

Civic Wallet is a multi-signature non-custodial wallet that now comes with a $1,000,000 guarantee from Coincover. Civic Technologies (CVC) has been known in the crypto space as one of the leading providers of decentralized identity and is now purportedly the first company to offer a non-custodial wallet with $1,000,000 protection. The wallet is currently in […]

Block.one Hires Team Behind Prominent Block Producer EOS New York March 30, 2020

EOSIO developer Block.one has recruited the team behind EOS New York (NY), a high-profile Block Producer on the EOS network.  Founded in 2017, EOS NY was a one-time #1 Block Producer on EOS, but has now ceased its operations, an announcement on March 25 revealed. Speaking to Cointelegraph, EOS NY founder Kevin Rose said: “We […]

Network of Fake Bitcoin QR Code Generators Stole $45,000 in March March 29, 2020

A network of malicious QR code generators has stolen more than $40,000 from Bitcoin (BTC) users in one month. At least nine fake Bitcoin-to-QR code generators have been spotted in recent weeks, with security researcher, Harry Denley, first tweeting that he had identified two domains hosting fake QR code applications on March 22. Denley later […]

Blockchain Jobs Continue to Rise Despite Global Recession March 28, 2020

Trillions of dollars have been injected into the global markets in an attempt to revitalize the world economy. The U.S. alone recently hit its highest unemployment rate in history. The whole world seems to be falling apart except for blockchain Kraken, one of the largest cryptocurrency exchanges in the United States, is looking to increase […]

Lawsuit Accuses Ripple CEO of Touting XRP While Silently Liquidating Holdings March 27, 2020

There is new movement in a class-action lawsuit originally filed in May 2018, centered around allegations that Ripple violated the Securities Act through a 2013 initial coin offering (ICO) of the XRP token.  On March 25, an amended complaint accuses Ripple CEO Brad Garlinghouse of touting the token to prospective investors while silently liquidating his […]

Prosecutor Says Crypto Scammers Should Stay in Jail Despite COVID-19 Concerns March 26, 2020

New Jersey federal prosecutor Craig Carpenito is fighting the request of two alleged crypto scammers to be released from a county jail amid the coronavirus pandemic. According to court documents filed with the United States Department of Justice on March 24, Carpenito asserted that the recently enacted Bail Reform only preferences pretrial release of a […]

Bitcoin Price Inches Higher to $6.7K on $2 Trillion Stimulus Agreement March 25, 2020

Bitcoin (BTC) price is continuing to move higher on March 25 alongside U.S. equities markets, which yesterday saw a historic 11%+ rise on news of a potential multi-trillion-dollar economic stimulus package. This was the single biggest daily rally since 1933.  At press time, BTC price is attempting to establishing a higher foothold at $6,700 while […]

Alleged Operators of $722M Crypto Scheme Seek Jail Release Amid COVID-19 Fears March 24, 2020

Two alleged crypto Ponzi scheme operators have requested that a New Jersey federal court grant their release from jail over concerns that the facility will soon host a COVID-19 outbreak. Matthew Goettsche and Jobadiah Weeks submitted separate motions petitioning the Essex County Correctional Facility in Newark, New Jersey for their release on March 20 and […]

Is Staking the Answer to Cryptocurrency’s Mining Problems? March 23, 2020

For a tech that was supposed to be democratic and distributed in order to free financial systems from the grip of government-influenced banks and return control of the money supply to the people, cryptocurrencies have turned out to be pretty concentrated.  Some 66% of all Bitcoin (BTC) mining now takes place in China, with 54% […]

OKEx’s Lennix Lai: Passive Income in Crypto Is the New Way to Earn March 22, 2020

First, there were property rents. Then came interests. As modern civilization evolves, people always find new ways to earn money without actually producing, or even doing all that much. This concept is today known as “passive income.” Technological progress also expanded the meaning of passive income. Today, people can claim YouTube advertisement revenues, dropshipping and […]

Flying Hot Off the Shelves — Virtual Land Based on Blockchain March 21, 2020

A couple of months ago, the crypto community was surprised by the news that users of the Decentraland virtual world platform have spent $1 million on digital land. And the largest deal for the Decentraland project was a sale worth $215,000 to an unknown user. Each plot in Decentraland represents a patch of land in […]

Here's How High Bitcoin Price May Go if $6.4K Becomes New Support March 20, 2020

After rallying 21.6% to a new seven-day high at $6,375, Bitcoin (BTC) traders now seem intent on pushing the price higher to $7,200.  The digital asset has made an impressive 66% recovery since dropping to $3,775 on March 13, and the majority of altcoins are also notching double-digit gains. But how much longer can the […]

Banking Shut Down Drives Crypto Adoption Among Venezuelans March 19, 2020

Peer-to-peer Bitcoin (BTC) trading has surged in Venezuela after shutting banks amid a nationwide quarantine to fight the spread of coronavirus. On March 17, Venezuelan President Nicolas Maduro brought a country-wide quarantine to slow the spread of COVID-19. With only 33 cases of coronavirus confirmed so far, the administration hopes that the emergency measures will […]

PegNet Has Moved $500M Through Its Network Since Launch March 18, 2020

Today stablecoin network PegNet cleared $500 million dollars in conversions, according to data from PegNetMarketCap.com. This means a half-billion dollars in value has moved over the platform’s rails since it launched in August 2019. PegNet is a decentralized non-custodial network of tokens that are pegged to different world currencies and assets, including gold, the euro, […]

Opera Browser Enables Apple Pay and Debit Card Crypto Purchases in the US March 17, 2020

Opera’s mobile and desktop browsers are expanding cryptocurrency purchases to U.S. users, as the Norwegian company looks to continue building its Web 3.0 credentials. Through a partnership with Wyre, a U.S.-licensed money transmitter in the cryptocurrency sector, Opera will enable U.S.-based customers to buy Bitcoin (BTC) and Ether (ETH) directly from the browser’s crypto wallet. […]

Crypto Analyst Accused of Photoshopping Trade Screenshots March 16, 2020

A crypto market analyst with more than 63,000 followers has come under fire for allegedly photoshopping numerous screenshots to give the impression that his trades were more successful than they actually were.  A Twitter user going by the alias of “King” posted screenshots on March 14 which allegedly show that Jacob Canfield, the self-proclaimed “#1 […]

French Court Moves the BTC Chess Piece — How Will Regulators Respond? March 15, 2020

The Commercial Court of Nanterre’s Feb. 26 ruling that Bitcoin (BTC) is a fungible, intangible asset sent some ripples through the French crypto community, and beyond. This may seem surprising, given that this was a lower court decision and, moreover, one that did not declare BTC a currency or fiat money — as some news […]

Ripple Court Ruling May Expand Legal Action Potential Against Crypto March 14, 2020

A California court has argued that cryptocurrencies that are not securities may be subject to federal laws targeting unfair, deceptive, or abusive acts or practices (UDAAP) during a Feb. 26 hearing for a consolidated class action against Ripple Labs Inc. During the Feb. 26 hearing, the court asserted that transactions involving cryptocurrencies that are not […]