Cryptocurrency Analysis and News Portal
Bitcoin Core developer Greg Maxwell has criticized the “attractive mystery” that fear of a 51% attack on Bitcoin (BTC) entails, arguing that it betrays a fundamental lack of understanding about the cryptocurrency.In a Reddit post published on Oct. 5, Maxwell argued that any mechanism cooked up to mitigate the
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Subscription-based bitcoin mining firm Argo Blockchain has registered a profitable third quarter even though the asset it deals in witnessed a sharp drop in value.The UK-based company, whose stocks are listed on the London Stock Exchange (LSE), confirmed its revenues rose to £3.6 million (~$4.42 million) in the three months
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Startup accelerator Techstars has cancelled its year-old partnership with the firm owned by early Ethereum advisor Steven Nerayoff.Techstars ditches the joint acceleratorAccording to cryptocurrency news outlet The Block on Oct. 8, Nerayoff’s arrest on suspicion of extortion had forced Techstars to reconsider its association with Alchemist, a blockchain advisory
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The multi-million dollar firm behind the controversial stablecoin known as Tether (USDT) is back in the news again. This time Tether Limited is being accused of being a part of a “fraud,” “pump-and-dump,” and “money laundering” scheme in a new lawsuit.Like a crashing rocket, the crypto community was dealt a
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Brad Garlinghouse, the CEO of blockchain payments network Ripple, thinks that Facebook will fail to launch its Libra digital currency before 2023. Garlinghouse bets on a 3-year Libra delaySpeaking in an interview with Fortune on Oct. 7, Brad Garlinghouse argued that regulatory pushback would continue to plague the project that
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The major crypto firm Ripple, the parent of the cryptocurrency Ripple (XRP)trade, is further expanding its services in Europe through an acquisition of the Icelandic crypto trading firm Algrim.Ripple, a pioneer in providing blockchain-based solutions for large-sized enterprises, has been acquiring and investing in blockchain firms through its investment and
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Ripple’s XRP token has gained more than 10% in just the last three days which has caused traders to turn bullish on the XRP/BTC pair.Ripple‘s XRP token has been one of the poorest performers in the top ten cryptocurrencies in the market. XRP has shed more than 60% of its
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Executives at Bitwise Asset Management are highly optimistic as the deadline for the United States Securities and Exchange Commission’s (SEC) decision on their proposed Bitcoin (BTC) exchange-traded fund (ETF) looms on the horizon.Days ahead of the Oct. 13 deadline, an Oct. 7 CNBC report cites Matt Hougan, managing director
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ETH/BTC Ready to Favor Ether Bulls At long last, Ethereum is finally showing some price strength against Bitcoin. The ETH/BTC trading pair, which has been collapsing dramatically for over a year, is purportedly starting to show signs of a bottom and impending bullish reversal.Prominent commodities trader Peter Brandt recently noted that
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The online processes of Jerez de la Frontera, a city of more than 200k inhabitants located in southern Spain, have been crippled by a severe ransomware attack. The hackers are demanding an undisclosed amount in bitcoin and Spanish authorities are yet to pay the ransom and have instead deployed three
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