Cryptocurrency Analysis and News Portal
A report released by major crypto exchange Binance illustrates how scams targeting cryptocurrency investors attempt to gain credibility.In the report published on June 30, the exchange explained that its Binance Sentry risk investigation service observed reports of fraudulent investment schemes promising quick or exponential returns on cryptocurrency investments. The frauds
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As Bitcoin continues trading sideways within a trading range between $9,000 and $10,000, investors are busy at work speculating as to what could help fuel a further price rise for the benchmark digital asset.Now, one strategist is noting that the crypto could soon see a massive influx of new capital
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Bitcoin bull Anthony Pompliano has just persuaded Bill Burr, one of the biggest comedians in the world, to invest in cryptocurrency.In a July 1 episode of the Bill Bert Podcast — so named for the comedian and his co-host Bert Kreischer — Burr said he was buying Bitcoin (BTC), after
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On June 30, a Russian criminal court denied a motion to provide restitution to a victim of what would in many jurisdictions be a felony, arguing that Bitcoin (BTC), as a virtual currency, does not enjoy the same property protection as other assets.The case goes back to 2018, when the
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Kazakhstan officials revealed the nation’s digital currency development plan to experts from Russia and China at "2020 Astana Online Financial Day". According to the China Ministry of Commerce on July 1, Kazakhstan plans to double its digital currency mining investment by the end of this year, and continues to develop
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Rumors recently surfaced of mainstream payment giant PayPal adding crypto as an option on its platform. Although he had no additional information on the legitimacy of the rumors, OKCoin COO Jason Lau said digital assets on PayPal would further crypto adoption. "When a traditional player like PayPal, who has 325 million users,
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Bitcoin and a few altcoins have bounced off their recent
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The word “blockchain” is no longer perceived as something exotic and super innovative, partly because large companies have found various uses for this technology and customers have begun to understand how it works. On the other hand, the growing adoption and awareness of blockchain has led to the fact that
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One of the world’s top cryptographers believes that Satoshi Nakamoto chose Bitcoin’s (BTC) elliptic curve either for its efficiency or because it may offer a secret backdoor.Elliptic curve is worth $ billionsA Bitcoin public key is created by applying elliptic curve cryptography to the private key. One can easily create
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Crypto startup ChitMonks has raised $650k in a pre-series A round with the help of early-stage investors Unicorn India Ventures (UIV).The firm aims to revolutionize proceedings by bringing 21st-century blockchain technology to the old-fashion chit-fund market.“At ChitMonks, we are building India’s largest blockchain network for Savings and Borrowings. We synergize
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