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Safemoon Product Launch Hits a Snag, Project Bombarded by Accusations, Community Deflects Criticism

A cryptocurrency project called Safemoon has been trending in forums and social media in recent times, as the crypto asset team promised a few new products, but the team claims that the launch has seen difficulties. This weekend, a post published to the subreddit forum r/cryptocurrency claims “Safemoon has been exploited from day 1 and […]

2021-08-29 23:08:06

Ethereum Classic, Binance Coin, Tezos Price Analysis: 29 August

Ethereum Classic and Binance Coin remained consolidated. While, ETC faced rejection at $65.48 and dipped 2.3% over the last 24 hours, BNB also struggled to move prices above the $485 mark. Lastly, Tezos recorded a substantial surge of 12.7% since yesterday and achieved a multi-month high. Ethereum Classic (ETC) Ethereum Classic dipped by 2.3% over […]

2021-08-29 23:08:02

Deloitte Survey Shows 76% Of Finance Execs Think Physical Money Is Nearing Its End

A recent survey from Deloitte that collated data from 1,280 senior finance executives in 10 locations across the world produced interesting results regarding the blockchain industry. This survey is Deloitte’s fourth annual Global Blockchain Survey, which focuses on the financial services industry (FSI). Findings from the survey show that there is a need for the industry to turn towards product modernization and distribution in order to see economic growth. When polled, 76% of the 1,280 respondents said they believed that the end of physical money is near. And that digital assets were set to replace fiat currencies in the next five to 10 years. This will obviously have a significant impact on the financial services industry, but the respondents remained optimistic about the revenue potential of both blockchain and crypto, and digital currencies. Related Reading | American Rapper Tyga To Launch OnlyFans Crypto-Competitor “The Deloitte ‘Global Blockchain Survey’ shows that the foundation of banking has been fundamentally outlived and financial services industry players must redefine themselves and find innovative ways to create economic growth in the future of money.” – Linda Paw-czuk, Principal, Deloitte Consulting LLP, and global and U.S. blockchain and digital assets leader Blockchain Is Already Mainstream, Says Survey The survey also showed that the majority – nearly 80% – of global FSI leaders believed...

2021-08-29 23:08:53

Why Ethereum is the ‘the smarter way to play’

Ethereum has been receiving a lot of positive encouragement lately, thanks to the development activity. It is no wonder then that venture capitalist Bill Gurley recently championed the use of Ethereum and praised the network’s community. In an interview with Bloomberg, the investor espoused Ethereum while clarifying that his support for the network is personal. […]

2021-08-29 23:08:45

Institutional Investors Not Slowing Down On Bitcoin, Here’s How Much They Own

Bitcoin investment by institutions is now a common occurrence. This was not so in the previous years. Institutional investors have been investing in cryptos for a while. But mostly at a conversation rate. 2020 changed all of that. The bull that started in 2020 saw more institutional money coming into the market. Predictions pointed towards […]

2021-08-29 23:08:30

XinFin (XDC) hits a new ATH after fresh partnerships and exchange listings

XDC price soared to a new all-time high shortly after a round of new partnerships, protocol integrations and exchange listings.

2021-08-29 22:08:00

Dimitra Tokenomics And Ecosystem

In the last articles, we introduced Dimitra and explained which problems this brand new AgTech platform is trying to solve for agricultural development worldwide. As a means for exchanging value, Dimitra introduces two types of tokens, Dimitra Points and DMTR. In this article, we will explain the difference between these two tokens and which role […]The post Dimitra Tokenomics And Ecosystem appeared first on CryptoCoin.News.

2021-08-29 22:08:37

Top Analyst Plots Dip Scenarios for Bitcoin, Ethereum, Chainlink and Two Other Crypto Assets

A prominent crypto analyst and trader is outlining key support levels for Bitcoin, Ethereum, Chainlink and two other crypto assets in the case of a broad correction in the digital asset markets. In a new strategy session, the trader known in the industry as Altcoin Psycho tells his YouTube subscribers that he’s looking at two […]The post Top Analyst Plots Dip Scenarios for Bitcoin, Ethereum, Chainlink and Two Other Crypto Assets appeared first on The Daily Hodl.

2021-08-29 22:08:09

Hoskinson says Cardano is on a ‘different path’ than Ethereum, Bitcoin

Cardano (ADA) and Ethereum (ETH) have a lot in common. Both are types of digital currencies that also function as programmable ecosystems. That means other tokens and applications can be built on their networks. But they are taking very different routes. In a recent interview, this was one of the topics of discussion, where IOHK […]

2021-08-29 22:08:06

$10,000 Call Very Much A Possibility For Ethereum This Year, Magnetic’s Megan Kaspar Asserts

Digital assets management firm, Magnetic’s Managing Director Megan Kaspar has affirmed her earlier conviction that Ethereum will trade in the $8000-$10,000 range before December 31, 2021, a few months after she successfully predicted that the asset would hit $3000 when Ether was trading close to about $1,200 in January. Ethereum’s coming upgrade driving increased demand […]

2021-08-29 21:08:21

Plan B’s Stock-to-Flow Bitcoin Price Model ‘Predicts $100K by Christmas,’ S2F Creator Discusses ‘Time Model’

The pseudo-anonymous bitcoin analyst called Plan B gave his 704,000 Twitter followers an update on the notorious stock-to-flow (S2F) bitcoin price model. Plan B stressed on August 27, that the “next months will be key” as he believes the bitcoin S2F model “predicts $100K by Christmas.” ‘$100K by Xmas’ Plan B is a popular figure […]

2021-08-29 21:08:58

Crypto scams see Australians lose $25M in first half of 2021

TL;DR Breakdown Australians have lost $25m to crypto scams in 2021 already.ACCC warns residents to be wary of fraud disguised as investment.Nurse loses life saving to Bitcoin scam in Australia. In the first half of 2021, Australians have reportedly lost $25M to crypto scams, with Bitcoin fraud accounting for the majority of the fraud. Australia reportedly also experienced the highest number of crypto scams in the first half of the year as residents fell for scams in different forms (giveaway, Ponzi, crypto investment, etc.) The Australian Competition and Consumer Commission (ACCC) reported that investment scams generally have risen in the country to levels never seen before and with crypto scams accounting for half of the cases. The ACCC Deputy Chair, Delia Rickard, revealed that residents in the country lost so much, noting that Bitcoin accounted for most of the money lost. “More than half of the $70 million in losses were to cryptocurrency, especially through Bitcoin, and cryptocurrency scams were also the most commonly reported type of investment scam, with 2,240 reports.” The ACCC noted that Australians were conned through promises of high profits and zero investment risks. According to her, investments that promise so much returns should raise investor’s attention rather than prompt them to join. “Be wary of investment opportunities with low risk and high returns. If something sounds too good to b...

2021-08-29 21:08:41

Massive Anti Bitcoin Protests Fill The Streets of El Salvador

Nayib Bukele is preparing for the day that the Bitcoin Law starts to be mandatory, but protests against it are more and more common.

2021-08-29 21:08:59

Bilaxy exchange hacked, users urged to halt deposits

TL;DR Breakdown Hackers hit Bilaxy exchange .Close to $400m allegedely stolen after exchange hack.Continuous exchange hack puts future of crypto exchange under serious threat. Based in the African continent, East African Bilaxy exchange becomes the most recent crypto exchange to be hacked. This is as crypto exchanges continue to fall victim, as hackers keep targeting them. Bilaxy exchange announced on Saturday, August 28, that some of its wallets were compromised. “Top Urgent-Bilaxy Hacked Notice Pls note Bilaxy Hot wallet was hacked, pls DON’t send any funds to your bilaxy accounts again. We are racing with the time to checking and fixing. Pls wait for further notice, it wrote on its official Telegram channel. It posted the same message on its Twitter page also on Sunday. Bilaxy exchange, however, failed to confirm the amount stolen yet. Some estimations claim that it could be around $450 million in various cryptocurrencies. After its notice on Sunday, the exchange has not provided any other concrete update except brief updates on Telegram that the team is working to resolve the problem and that users should not be worried. The exchange website has also been down since the time of the attack. According to HogeFinance on Twitter, all HOGE tokens stored on Bilaxy were already drained and sent to another wallet. Those tokens have a value of just under $22 million. Other rough estimates showed that the total amount s...

2021-08-29 21:08:06

Crypto ATM Firm Coin Flip Is Opening a Brand New Office in Chicago

Bitcoin ATM operator Coin Flip is growing like crazy. The company is now opening a new office in the old Post Office area of Chicago, Illinois. Coin Flip Is Getting Really Big Beginning in the year 2015, Coin Flip has become one of the largest and fastest-growing crypto ATM firms in the country. At the...The post Crypto ATM Firm Coin Flip Is Opening a Brand New Office in Chicago appeared first on Live Bitcoin News.

2021-08-29 21:08:52

South Korea: Crypto exchanges Upbit, Bithumb, Coinone attract millions of users

While several crypto-related businesses in South Korea were having a tough time due to controversial regulatory efforts in the country, Upbit has been able to retain its title as the country’s largest cryptocurrency exchange. According to Representative (Rep.) Yoon Do-hyun of the People Power Party, the largest exchange in South Korea reported high numbers in transactions […]

2021-08-29 21:08:31

The Satcomma Standard: You Should Look At Bitcoin Like This

The satcomma standard allows users to see both bitcoin and sats in one easy glance.

2021-08-29 21:08:00

Crypto Corner: The Sports Slice

Another stacked week in sports and crypto: Steph Curry has “ape’d in.” More college athletes are finding name, image and likeness deals with crypto-first companies. A former Manchester United player has been accused of crypto laundering. It’s just another busy week in the sports corner of crypto. Let’s take a look at all the action […]

2021-08-29 20:08:04

NFT Wrap: The $2 billion month

The Block's weekly look at the NFT space and the major developments driving this part of the crypto space.The post NFT Wrap: The $2 billion month appeared first on The Block.

2021-08-29 20:08:16

Top 5 cryptocurrencies to watch this week: BTC, ADA, LUNA, VET, XTZ

Bitcoin’s consolidation near $50,000 reflects a steady market and this could attract buyers to altcoins like ADA, LUNA, VET and XTZ.

2021-08-29 20:08:22

Luxurious Swiss Alps Hotel to Accept Bitcoin and Ethereum Payments

The 5-star Chedi Andermatt hotel, the Venezuelan carrier - Turpial Airlines, and the Belgian bar - Dolle Mol - are the latest names to adopt cryptocurrencies as a means of payment.

2021-08-29 20:08:32

Bitcoin Adoption Rages On As Crypto ATM Machine Hits Central American Country

Global Bitcoin adoption is accelerating as another Central American nation sees the arrival of its first-ever crypto ATM machine. According to Reuters, local firm TGU Consulting Group installed the machine called “la Bitcoinera” in an office tower in Tegucigalpa, the capital of Honduras. The machine allows users to purchase Bitcoin (BTC) and Ethereum (ETH) using […]The post Bitcoin Adoption Rages On As Crypto ATM Machine Hits Central American Country appeared first on The Daily Hodl.

2021-08-29 20:08:59

Dogecoin: A Brief History Of Crypto’s Greatest Meme

Dogecoin: one of crypto’s most hyped coins. It seems as if it is always in the mouths and minds of young investors. Moreover, more notable investors have praised the coin both for its comedic origins and as a viable “medium of exchange.” But what exactly is this comical fad? Additionally, what does it have to do with a Shiba Inu? Why is it that both Mark Cuban and Elon Musk are promoting this coin despite the fact that it literally started as a joke? The answers may surprise you. The Origins Of Dogecoin If you have heard the rumors, it is true: Dogecoin, quite literally, is a joke coin. Billy Marcus, a co-creator of Dogecoin, initially minted the coin in 2013. Bragging to CNBC, he says the coin was created in, “about two hours.” The original Doge meme in its glory | Source: Wikipedia Originally made as a parody of Bitcoin, and based off of the popular “doge meme,” Dogecoin spread like wildfire in the world of crypto. From Investopedia, “Jackson Palmer, a product manager at the Sydney, Australia office of Adobe Inc., created Dogecoin in 2013 as a way to satirize the hype surrounding cryptocurrencies. Palmer has been described as a “skeptic-analytic” observer of the emerging technology, and his initial tweets about his new cryptocurrency venture were done tongue-in-cheek.” Related Reading | Latest News On Dogecoin, Trends And Analysis Later on, Marcus re...

2021-08-29 20:08:36

Cardano, COSMOS, Polkadot Price Analysis: 29 August

Bitcoin and Ethereum showed signs of consolidation as BTC stood above the $48K mark and ETH struggled to take prices higher than $3200. Following the same trend, altcoins like Cardano and Polkadot observed restricted price movements. DOT eyed the immediate support level of $24.05 as buyers quit the market. Lastly, COSMOS rose up by 9% […]

2021-08-29 20:08:24

Bitcoin: The First And Final Rival Money

A Weekly Series Of Essays About The Language Of Bitcoin by Alex McShane

2021-08-29 19:08:22

Anarchist Bar in Brussels Now Accepts Cryptocurrency

A bar in Brussels frequented by local anarchists has introduced crypto payments. Bitcoin is the money of the future, say the owners who have recently renovated the place. It is among the first such establishments in the Belgian capital to take coins for pints, they say. Dolle Mol Bar on Rue des Éperonniers Will Take […]

2021-08-29 19:08:26

ETH Price Analysis: Ethereum (ETH) Stuck at 8 Month Trendline, What’s Next $3500 Or $2900?

ETH price has stayed flat over the last week ETH Price has been attempting to break over 8 month trend line 25 day MA is acting as support Major ETH Price Levels to Watch Ethereum (ETH) usage has skyrocketed over the last month thanks to the ongoing NFT boom. Opensea, the largest NFT marketplace that The post ETH Price Analysis: Ethereum (ETH) Stuck at 8 Month Trendline, What’s Next $3500 Or $2900? appeared first on Coingape.

2021-08-29 19:08:09

Top 3 Coins to Watch this Week: SOL, LUNA, ADA

The resurgence in the global digital currency market has stirred a number of remarkable jumps in the prices of various altcoins, most of whom decouple from Bitcoin (BTC) to chart their own course. The push of the global market cap above the $2 trillion benchmark has seen unprecedented contributions from altcoins other than Ethereum (ETH). The post Top 3 Coins to Watch this Week: SOL, LUNA, ADA appeared first on Coingape.

2021-08-29 19:08:17

What you need to know about this ‘lively’ Coinbase effect on Bitcoin

Coinbase is the only major digital-asset exchange that has been publicly listed. It launched its IPO in April this year, and has managed to fare pretty well since then. However, the crypto exchange was in the news lately, after a host of its customers lost their capital, owing to a hack. CNBC’s recent investigation found […]

2021-08-29 19:08:44

Crypto CEO Sentenced To Five Years For Crypto Scheme

The CEO of AriseBank, Jared Rice, Sr. has been sentenced to five years in federal prison in a $4 million crypto scheme. The United States Department of Justice (DOJ) announced this in a press release on the 25th of August. Rice is also the inventor of the cryptocurrency AriseCoin. AriseBank is the world’s “first decentralized banking […]

2021-08-29 19:08:37