Cryptocurrency Analysis and News Portal
Major cryptocurrency exchange Binance’s newest research supports the theory that the launch of institutional trading platform Bakkt partly caused Bitcoin to drop 20%.In the latest edition of its markets overview, Binance Research, the exchange’s analytics arm, singled out Bakkt as the principal event which occurred just before Bitcoin’s price
Read More
Bitmain, one of the biggest players in the crypto mining industry, announced on Thursday its intention to help hook up crypto miners with suitable mining shops across the globe.You will recall that the cryptocurrency mining firm is yet to regain its glory that the crypto winter of 2018 took from
Read More
The United States Commodity Futures Trading Commission (CFTC) charged a United States resident with a $7 million Bitcoin (BTC)-related fraud.In an official news release published on Sept. 30, the regulator revealed that Jon Barry Thompson of Easton, Pennsylvania, is charged with “knowingly or recklessly making false representations to customers
Read More
If you’re reading this article, you’re either interested in creating a Security Token Offering (STO) or participating in one.Perhaps you’re an entrepreneur looking for innovative funding sources to grow your project to the next level, or maybe you’re just sick and tired of all the hassle (& hustle) that comes
Read More
The Bitcoin (BTC) network experienced fresh turbulence on Sept. 30 while evidence emerged of a fire destroying $10 million worth of mining rigs.A video of alleged Bitcoin miner fire emergesAccording to Marshall Long, one of the first active Bitcoin miners, mining company Innosilicon’s giant data center began burning on
Read More
In the infancy stages of cryptocurrency development, banks were outwardly hostile towards digital currency. However, the widespread adoption of blockchain-based technology for processing financial transactions quicker, safer, and more efficiently has led to a rethinking of traditional thought processes among notable banking giants. A caveat is in order, however many
Read More
Ethereum (ETH) smart contract FairWin, recently accused of being the fastest-growing Ponzi scheme on Ethereum, was emptied.According to Etherscan’s data, at press time FairWin’s balance is exactly zero ETH. Yet, the smart contract held over 49,518 ETH just a few days ago on Sept. 26. FairWin’s value also topped
Read More
The United States District Court for the Southern District of New York has ordered purported cryptocurrency company Longfin to pay a total of $6,755,848 million in penalties.Falsely obtained qualification for Regulation A+ offeringOn Sept. 30, the Securities and Exchange Commission (SEC) announced that a New York federal court entered
Read More
Swiss Digital Exchange (SDX), a digital asset trading platform by Switzerland’s principal SIX Swiss Exchange, will reportedly launch its initial digital offering (IDO) in 2020.SDX security tokenThe not-yet-launched SDX has reportedly set up a global consortium of financial institutions to back its IDO in the middle of 2020, Coindesk
Read More
The Ethereum network’s Istanbul hard fork is expected to break 680 smart contracts on the decentralized management platform Aragon.Jorge Izquierdo, CTO at Aragon One, said that the upcoming upgrade will result in the breaking of roughly 680 smart contracts, industry-focused media outlet Coindesk reported on Sept. 30. Izquierdo explained that
Read More