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Bolstered by the new coronavirus pandemic, scams continue to be rampant in the cryptocurrency world. From malware to fake investment programs and even fake donations to health organizations, scammers are known for taking advantage of desperate times and desperate people. One of the most prominent scams in the industry, PlusToken,
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A subsidiary of Japanese financial services giant SBI Holdings has seen its share of Bitcoin Satoshi’s Vision (BSV) mining pool share rise since the first halving on April 10. According to cryptocurrency information site CoinDance, cryptocurrency mining company SBI Crypto held about 4.4% of the total shares of BSV last
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China is rapidly catching up to the United States with regard to blockchain-related investments, according to a recent report put together by New York-based research firm CB Insights.The researchers found that the East Asian country accounted for 22% of blockchain investments in 2019, compared to 31% for the U.S.
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Bitcoin (BTC) did not need a multi-trillion dollar rescue package to continue functioning after crashing 60% in hours.That was the conclusion from analyzing the latest blockchain data, which showed that Bitcoin’s hash rate rebounded in recent weeks.BTC 16% difficulty drop steadies networkFigures from monitoring resource Blockchain confirm that since
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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 blockchainKraken, one of the largest cryptocurrency exchanges in the United States,
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Millennials and Generation Xers in the United States currently practicing sheltering in place and social distancing may find some solace that — in addition to saving lives — they may stand to inherit almost $70 trillion from Baby Boomers in the years to come. Kraken Intelligence, the in-house research team
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Ethereum price extended its rise above the $220 resistance area against the US Dollar. ETH is currently facing hurdles near $230 and it could correct in the short term.Ethereum is facing a key resistance near the $230 area against the US Dollar.The price might correct a few points towards $223
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Zoom might not be a decentralized app but as the go-to video conferencing tool for crypto project communications, it is seen by many as an important enabler of the industry’s various decentralized communities. Harry Moseley, a technologist with an eclectic career who is now Zoom’s chief information officer, sat down
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Michael Sung, a professor at Shanghai’s Fudan University, spoke to CoinDesk’s Michael Casey on the sidelines of the World Economic Forum in Davos, Switzerland. The topic? The intertwined growth of digital currency and blockchain projects in China.How big a deal is it? And what are they actually doing? Sung had
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If there’s one thing that is absolutely sure about the general Bitcoin community, it’s the bullishness. BitPay Chief Commercial Officer Sonny Singh has now added to this bullishness with a $20,000 Bitcoin prediction for 2020. Singh has joined a long list of industry enthusiasts who believe the sky is only
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