Category: Crypto

Government to Airdrop $9 Billion in Free Money to 7 Million Hong Kong Residents

The government of Hong Kong has decided to airdrop about $9 billion in free money to an estimated 7 million residents in the troubled Chinese territory. From a global perspective, this can be seen as a desperate move to stimulate...

/ February 28, 2020

The Bull and Bear Case for Investing in the Top 20 Cryptocurrencies

Should you buy bitcoin or bitcoin cash? Does tezos have further room to grow? Is monero a long-term hold? There are no absolute answers to these questions and no crystal ball to determine which crypto will pull a 5x before...

/ February 27, 2020

Wikileaks Gathers $37M in BTC Since 2010 – Over $400K Sent After Julian Assange’s Arrest

The world was shocked when Wikileaks cofounder Julian Assange was arrested in April after being cooped up in the Ecuadorian Embassy in London since 2012. Following his arrest, the original Wikileaks bitcoin address saw significant support as $32,000 worth of...

/ February 26, 2020

Flipstarter Reveals Eatbch and BCH Development Funding Goals – Blog Post Receives $2k in Tips

On Sunday, developers of the Flipstarter.cash project announced the start of private testing for the platform’s BCH assurance contracts and the team also revealed the first two funding projects. One of the first funding goals will be raising bitcoin cash...

/ February 25, 2020

Shopify Joins Libra While Quitter Vodafone Advertises Bitcoin on Facebook

Facebook’s coin project, Libra, continues to draw attention despite setbacks, including a shrinking pool of backers and a growing number of worried regulators. But now with JP Morgan seeing potential for the social network’s cryptocurrency and e-commerce giant Shopify joining...

/ February 24, 2020

Understanding Defi Flash Loans: Complex Attacks, Inflation and Composable Systems

Two recent flash loans on the defi platform Bzx have started a fierce debate about the subject of using uncollateralized loans in a quick trade. Essentially these flash loans are providing people with the ability to borrow crypto without relinquishing...

/ February 22, 2020

BCH Funding Debate: Amaury Séchet Responds to IFP Questions, Noting Contention in the West

On February 20, Bitcoin Cash engineers held the second 2020 BCH developers’ meeting and the first since the Infrastructure Funding Plan (IFP) was added to the Bitcoin ABC version 0.21.0 client. Seven developers discussed new features that are coming after...

/ February 22, 2020

In Response to Bitcoin, Central Bank of Brazil Presents Instant Payment System Pix

Banco Central do Brasil has started testing a new payment network with the promise to offer Brazilians near instant transactions and many new services. Portrayed as a response to Bitcoin, the Pix system will be mandatory for major financial institutions...

/ February 21, 2020

Swiss Savers View Cryptocurrencies as Option, Now That Bank Accounts Don’t Save Them From Inflation

Cryptocurrencies are gradually becoming a viable alternative for savers in Switzerland, according to a new poll. The Alpine nation’s crypto-friendly business climate and increasing regulatory clarity makes them a relatively easy addition to investors’ portfolios. Many Swiss people can afford...

/ February 20, 2020

Mike Bloomberg’s 2020 Finance Policy Proposes Strict Bitcoin Regulations

The 2020 U.S. Presidential candidate Michael Bloomberg addressed the subject of cryptocurrencies and initial coin offerings (ICO) in his recently published Financial Reform Policy. Bloomberg wants more “regulatory oversight” when it comes to this promising technology, claiming he sees “plenty...

/ February 19, 2020

Max Keiser Predicts $400,000 BTC on Alex Jones Show, Jones Compares Bitcoin to ‘Power of Fire’ From the Gods

The moment many conspiracy-minded bitcoin enthusiasts have been waiting for arrived yesterday when Info Wars muckraker Alex Jones compared bitcoin to a “power of fire” gifted from the gods to humankind. The bold commentary took place in the context of...

/ February 18, 2020

More On-Ramps, Liquidity, Options: Why Bitcoin’s Next Bull Run Will Be Different

Bitcoin’s next bull run will look very different from the last one. In 2017, BTC took the elevator to $20K before following the stairs down to $3K over the course of 12 months. In 2020, as bitcoin prepares for its...

/ February 17, 2020

Bitcoin ATMs Grow in Number Reaching Almost 7,000 in Operation Around the World

ATMs supporting digital coins have increased parallel to the predominant trend on cryptocurrency markets since the beginning of 2020. With over 400 new devices added in January, the global total is now closing on the 7,000 mark. The sector has...

/ February 16, 2020

Craig Wright’s $100B Theft Claim – BTC and BCH Used His Database Without Permission

The infamous Craig Wright, the Australian native who claims to be Satoshi Nakamoto, has published a blog post that explains he owns “the full rights to the Bitcoin registry” and developers do not have the right to change the protocol’s...

/ February 15, 2020

Digital Remittances Reach Record High of $96 Billion, Fees Charged by Traditional Providers Open Door for Cryptocurrencies

In a globalized world where labor follows capital, the remittance industry has been growing constantly in both volume and users. Traditional providers like banks and money transfer companies have been charging high fees for their services which creates opportunities for...

/ February 14, 2020

Russians Can Use Qiwi, Sberbank, Yandex Money and Now Binance P2P Exchange to Buy Bitcoin With Rubles

A growing number of platforms allow Russian residents to purchase cryptocurrencies with local fiat money. Established cryptocurrency exchanges are not the most trouble-free option, however, as they often require extensive registration and rarely support popular payment methods in the region,...

/ February 12, 2020

Users of Bitcoin.com Exchange Can Win Rewards Worth $25,000 in Gocrypto Trading Competition

Gocrypto enables businesses with physical or online stores to accept instant crypto payments from different digital wallets with millions of users. To help introduce the SLP token to even more users, Bitcoin.com Exchange is hosting a trading competition where you...

/ February 11, 2020

XRP Still Third Largest Crypto by Market Cap After Founder Dumps 1 Billion Coins

Crypto traders and speculators have been discussing the digital currency XRP (ripple) lately because the price has been stagnant compared to other digital assets. Some venture capitalists and analysts plan to short XRP, while other speculators believe the crypto is...

/ February 10, 2020

BCH Merchant Directories Now List 4,300 Bitcoin Cash-Accepting Businesses

Businesses around the world continue to adopt bitcoin cash (BCH) and in 2020 merchant acceptance continues to grow. Tallying up all the companies that accept BCH listed on sites like Green Pages, Map.Bitcoin.com, Acceptbitcoin.cash, and Anypay shows there’s more than...

/ February 9, 2020

German Economy in Risk of Recession Amid Weak Demand, Tariff Threat, and Epidemic

Germany, the economic powerhouse of Europe, is facing renewed challenges that may soon push it towards recession. Falling industrial production and dwindling factory orders are the prime cause of concern. The negative results have been announced on the backdrop of...

/ February 8, 2020