NULS Takes Tokens from Conception to College with New Staking Model
NULS, the adaptive blockchain solution for enterprise, has successfully tested a new staking service, staked coin output (SCO), with project Aleph, a cross-blockchain layer-2 network. This staking service applies a new type of reward model in which community members of NULS can stake tokens to receive tokens from other projects building on the NULS platform. […]
Bitcoin Expert Scams a Scammer, Donates the Money to Charity
Financial fraudsters often try to target the elderly or otherwise vulnerable — but one recently picked the worst possible target.Calgarian Ben Perrin runs an educational YouTube channel focused on teaching people about bitcoin and cryptocurrency, and is the marketing director for a bitcoin exchange. Working in the cryptocurrency industry means he’s been targeted by hopeful […]
VSYS is Officially Listed on Huobi Global
V SYSTEMS, a blockchain database project created by Sunny King, the inventor of Proof of Stake (PoS), announced today that its native cryptocurrency VSYS Coin has won the Huobi FastTrack voting with a total of 38,456,859 HT votes and is now officially listed on Huobi Global. This signifies that its cutting edge technical development and […]
Monmouth County Man Charged With Operating An Unlicensed Bitcoin Exchange
A Monmouth County, New Jersey, man was indicted today by a federal grand jury for operating an unlicensed money transmitting business through which he charged customers fees to convert more than $2 million in cash into the digital currency Bitcoin. William Green, 46, of Wall Township, was charged by indictment with one count of operating […]
Robinhood Plans Relaunch of High Yield Cash Account
Robinhood, a stock trading app popular with millennials, caused a stir last December by announcing a no-fee checking-and-savings account that offered a 3% yield. Days later, however, the company walked back the announcement after regulators criticized it for offering what amounted to a bank account without FDIC insurance—a backstop that protects consumers in the event […]
Damage From Cryptocurrency-related Crimes Estimated at 2.7 tr Won
The financial damage caused by cryptocurrency-related crimes reached nearly 2.7 trillion ($2.3 billion) over the past two years, government data showed Sunday. The financial loss of scams and fraud involving cryptocurrencies came to 2.69 trillion won between July 2017 and June 2019, according to the data from the justice ministry. The ministry said 132 cryptocurrency-related […]
Bitcoin Criminals Set to Spend $1 Billion on Dark Web This Year
Bitcoin’s use in illegal online marketplaces peddling everything from drugs to child porn is on pace to set a record this year at more than $1 billion, according to a report by Chainalysis.While the proportion of Bitcoin transactions dedicated to illegal purchases is declining, about $515 million of the digital coin has already been spent […]
BitMEX Trades Record $16 Billion in One Day
On Wednesday, BitMEX, which is the world’s single biggest bitcoin derivatives provider, reported more than $1 billion of open interest on the market. Trading topped $13 billion, with the number topping $16 billion across the platform’s product range. Volume had swiftly risen above $10 billion in previous hours, leading CEO Arthur Hayes to declare any […]
France Creates G7 Cryptocurrency Task Force as Facebook’s Libra Unsettles Governments
France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook’s Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, France’s central bank governor said on Friday. Governor Francois Villeroy de Galhau said the task force would be led by Benoit Coeure, a European Central Bank board […]
CEO Twitter Jack Dorsey Answers Questions About Square’s Plans for Bitcoin
Square is a company best known for its disruptive card payment technology. Founded in 2009 by Twitter CEO Jack Dorsey, the company sells affordable mobile-based point-of-sale systems. But beyond the world of traditional fiat currencies, the firm is making cautious steps into the fast-paced world of cryptocurrency. Back in March, Dorsey tweeted that Square was […]
2019 China Mining Industry Summit – Recap and Summary
BitDeer.com’s premier industry event wrapped up successfully in Beijing. 2019 China Mining Industry Summit brought together the biggest names of the Chinese mining ecosystem. Prominent Chinese blockchain and tech media attended the event and reported on the significant industry announcements. With the leaders of the Chinese blockchain mining group in one conference, they began to […]
More global banks commit to Finastra’s Fusion LenderComm
Finastra has signed three global banks on its Fusion LenderComm platform as part of a coordinated campaign, including BNP Paribas, Natixis and Societe Generale. With NatWest, which joined recently, the ramp up signals a move towards a new era of efficiency in this complex space. Grant Jones, VP, Fusion LenderComm, Finastra said, “All of these […]
Nasdaq Crypto Index Platform Launch a Giant Step For Adoption
The long awaited Nasdaq Bitcoin and Ethereum indexes lifted off the launch pad this week signaling another giant step towards mainstream acceptance and adoption. Bitcoin and Ethereum Indexes Added The stock exchange is expanded its global data service on Monday to include Bitcoin and Ethereum. In an official announcement earlier this month it stated that […]
Could the Longest-Ever Bitcoin Bear Market be Nearing its End?
The past 14 months have been arduous for Bitcoin and the cryptocurrency markets in general, and investors that have held through the market crash are increasingly wondering as to when, and if, their crypto investments will ever be able to surge back towards their previously established all-time-highs. Although uncertainty has swept across the markets, there […]
Here’s What Warren Buffet Misses About Bitcoin…
Billionaire investor and Berkshire Hathaway CEO, Warren Buffet, has once again offered his thoughts on Bitcoin (BTC). Appearing on CNBC earlier today, he stated that his position on the digital currency had not changed. However, the more Buffet offers in way of critique of Bitcoin, the more it appears that he cannot differentiate the fintech innovation […]
Bitcoin Establishes Fresh Support and Resistance Levels Following Weekend Volatility
Bitcoin has started Monday off trading up slightly after experiencing increased levels of volatility over this past weekend. BTC has so far respected $3,800 as a level of support, but also faces strong resistance around $4,200, which is the price point at which the cryptocurrency’s price dropped after touching. Although this recent volatility was unexpected, […]
Blockchain Projects Change How We Do Business
Technology advancements usually come with new ways of doing things and with the emergence of blockchain technology tech savvy pioneers are harnessing its power and developing new projects that are capable of sorting out various issues plaguing a diverse range of industries without any hassle. While there are many noteworthy projects in the field, in […]
XRP Likely Preparing For The Next Ride
During the past few hours, there were mainly range moves above the $0.3160 pivot in ripple price against the US Dollar. The XRP/USD pair traded a few points above the $0.3280 and $0.3300 resistance levels. However, there was no major upward move and the price topped near the $0.3340 level. Later, there was a downward […]
