After venture capitalist and former CTO at cryptocurrency trading platform Coinbase Balaji Srinivasan made a shocking claim that Bitcoin (BTC) could reach the price of $1 million in the following three months, many in the crypto community became intrigued, wondering if his prediction could truly materialize. As the guesswork continued en masse, some analysts have […]
Bitcoin BTC/USD popped about 4% during Wednesday’s 24-hour trading period, attempting to break through a heavy resistance zone near $28,700, which the crypto hit and wicked slightly down from. The level has been acting as strong resistance since March 20 and Bitcoin has made several attempts to break above the area but has failed. Bitcoin’s […]
Investors are having a relook at the futures market tied to payments-focused cryptocurrency XRP amid hopes that Ripple Labs, the company that issued the token, will win its legal battle against the U.S. Securities and Exchange Commission (SEC) and spur more risk-taking in the broader market. XRP has rallied 57% since March 22, reaching a […]
A 26-year-old man was arrested from Tamil Nadu for allegedly cheating people on the pretext of investing their money in cryptocurrency, police said on Wednesday. The accused has been identified as Dinesh Kumar, a resident of Coimbatore in Tamil Nadu. A complainant alleged that in April last year, he received a call from an international […]
It’s been around a week since the Arbitrum airdrop, when the largest Ethereum layer 2 platform by transaction volume distributed its long-awaited governance token to community members. What’s clear by all accounts is that while users managed to successfully claim over $1 billion worth of tokens, the process was anything but smooth – mired by […]
Cryptocurrency transactions have come a long way since the inception of Bitcoin in 2009. Today, there are hundreds of cryptocurrencies and blockchain platforms that allow users to transact with digital assets in a decentralized and secure manner. However, these platforms are not all equal. Some platforms are better than others when it comes to features, […]
Check out what’s clicking on FoxBusiness.com Customers who had deposits at Signature Bank are facing a deadline concerning their crypto assets. The Federal Deposit Insurance Corp. (FDIC) has told crypto clients with deposits at the failed bank that they are facing a deadline to close their accounts and move their money, according to Bloomberg. New […]
Considering the recent public inquiries and the developments observed relating to cryptocurrencies, which are also commonly referred to as “crypto”, the Central Bank of Sri Lanka (CBSL) wishes to reiterate to the public of the significant risks associated with using and investing in cryptocurrency. Cryptocurrency is a type of virtual currency that is generated by […]
The Safemoon token liquidity pool (LP) was drained of nearly $9 million worth of tokens on Wednesday after attackers manipulated a faulty feature on its smart contracts. Blockchain data shows several tokens were exchanged in the wee hours on Wednesday in a single transaction, with the attacker ultimately stealing billions of Safemoon’s SFM tokens locked […]
In the rapidly growing world of cryptocurrency, getting paid for certain types of content via the digital medium is a lot more layered than meets the eye. According to Cointelegraph, the COVID-19 pandemic has heightened crypto payments as there was an increase of these payments. As content creators use various web platforms to promote and […]
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