Sun Nov 24 9:03 AM

Crypto Scam Site Steals 1.1 Million XRP from Ledger Owners

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Ledger customers are now facing a significant increase in phishing attempts after a major leak of email and private information affected them in early 2020.Crypto scammers have managed to conduct a successful scam that netted at least 1,150,000 XRP from unsuspecting Ledger users. As...

Bitcoin Price Above $14K Now Similar to $700 Scenario amid 2016 U.S. Election

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Analysts anticipate Bitcoin and markets to experience the big moves after the confirmation of election results, just as it happened four years ago.Bitcoin has seen less price volatility in both the 2016 and 2020 U.S. election. History has actually repeated itself as Bitcoin broke...

Ethereum 2.0 deposit contract gains $17m in cryptocurrency in just 40 hours

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There were some concerns shared in October that Ethereum 2.0 (a.k.a . ETH2 or Serenity) would not launch in 2020.Ethereum Foundation researcher Danny Ryan said in a podcast interview with Bankless that he thought a security audit would push back the launch of the...

Investors Rush as Bitcoin (BTC) Price Crosses $15,500 in Mega Rally

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Bitcoin smashed past $15,500 levels hitting its new 2020-high and eyeing its all-time high above $20,000. The overall crypto market has added $50 billion in the last week. The fiscal and monetary stimulus measures by the Fed push more people closer to buying BTC.Bitcoin...

Tyler Winklevoss: Powell’s Call for More Stimulus Is Code for Buy Bitcoin

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The major reason why the economy took a down-plunge was as a result of the COVID-19 pandemic, the move to stock up on Bitcoin as a hedge against the imminent economic crash now seems to be a smart step.Bitcoin advocate Tyler Winklevoss has weighed...

Square Generates $1B in Bitcoin Revenue in Q3

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On an overall scale, the third quarter’s total company revenue amounted to $3.03 billion, up from $1.27 billion in the third quarter of the previous year. On Thursday at the market close, Square Inc (NYSE: SQ) published in its Q3 investor letter that during the...

Coinbase Supports Civic (CVC), Decentraland (MANA), district0x (DNT)

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Over the past months, Coinbase has revealed plans to list new coins on its platform. Many of them are already listed, while some are yet to be listed on the exchange platform. Cryptocurrency exchange Coinbase now supports Civic (CVC), Decentraland (MANA), and district0x (DNT) on...

CEO of crypto derivatives exchange FTX donated $5M to Biden campaign

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Sam Bankman-Fried, the CEO of Hong Kong-based cryptocurrency derivatives exchange FTX, donated $5.2 million to Joe Biden’s presidential campaign. As the Wall Street Journal reported on Oct. 28, Biden’s presidential campaign received a total of $79.5 million from the top 100 donors describing themselves as CEOs. Bankman-Fried...

Crypto mining is now drawing in the world’s top renewables producers

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En+ Group, the world’s top producer of low-carbon aluminum and the largest private-sector generator of hydropower, has entered its first crypto mining joint venture. The new venture, called Bit+, will focus on creating facilities that support crypto mining with a low carbon footprint. En+ Group’s...

Dormant crypto exchange Cobinhood to axe real-time customer support in 2021

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Taiwan-based cryptocurrency exchange Cobinhood is making significant adjustments to its customer service practices in 2021. According to an official announcement on Nov. 1, Cobinhood will change its customer service policy to get rid of real-time interactions with clients. Starting Jan. 1, 2021, Cobinhood’s customer support will...