Cryptocurrency Analysis and News Portal
According to a report by Qatar Financial Centre and Refinitiv, investors stashed $30.4B in global fintech investments in the first 9 months of 2020.Despite 2020 being characterized by economic chaos and market crashes, investors still managed to invest $30.4B in the fintech industry according to the Qatar Fintech Report 2021.
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London-based cryptocurrency exchange Exmo suffered a distributed denial-of-service attack on Monday, causing the platform’s servers to become unavailable.In a tweet on Monday, Exmo reported that hackers had targeted the exchange with $75 million in trading volume in a distributed denial-of-service, or DDoS, attack. These cyberattacks typically overload a system with numerous
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PayPal’s buy, sell and hold crypto products are coming to the United Kingdom in a few months, the company announced during its investor day Thursday.Its launch of crypto as a funding service will go live in a few months as well, and crypto products in Venmo will go live in
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The new year has started, and already, it has brought major changes to the crypto industry. Bitcoin is making new milestones every other day, and its newest record is above $40,000. Even Ethereum, the birthplace of DeFi (decentralized finance) has finally managed to climb above $1,000 for the first time
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U.K.-based Ruffer Investment Management has managed to quickly turn its recent bitcoin investment into a $750 million profit.Having bought in November, Ruffer’s investment managers took profits in December and January as the cryptocurrency more than doubled to around $40,000, according to a Telegraph Money report Tuesday.“We’ve been surprised by how
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Bitcoin ended Thursday down 13% amid continued selling. Source
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Bitcoin (BTC) mining difficulty is set to rise by roughly 11% on Jan. 9, according to data from BTC.com. This marks the biggest increase in nearly four months that will put the metric over 20 trillion for the first time ever. "Hashrate is on a tear!" commented popular pseudonymous Bitcoin trader
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Mining revenue has reached its highest mark since early August 2019. Source
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Bitwise, a provider of crypto index funds, said it has now surpassed $500 million in assets under management. Source
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XRP underwent an extremely strong rally at the end of November. The cryptocurrency, as many remember, surged around
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