Month: October 2020

ADVN Stock Exchange: Bitcoin May Surfer Major Price Crash before November     The high correlation between Bitcoin and Gold’s trend in the past few weeks could mean a major price fall for BTC as prominent investor Clem Chambers warns imminent crash across all stock markets including Gold. The CEO of the London-based stock exchange […]

People continue to turn to Bitcoin and other cryptocurrencies to boost their profits even amid a pandemic. As the COVID-19 pandemic pushed the Egyptian economy into recession and deepening unemployment, more and more Egyptians see the benefits of trading and mining Bitcoin as an alternative source of income. According to Al-Monitor, many Egyptians, particularly young […]

They’ve already gotten the police involved. As the fallout from the hack on its platform continues, KuCoin said it has identified suspects and have now officially involved law enforcement in the investigation. KuCoin CEO Johnny Lyu tweeted on Oct. 3 that the exchange now has substantial proof that identifies who hacked the service on Sept. […]

Crypto 'Is Now Finally Being Taken Seriously' By Taxman The major consulting company, PwC said that the increased interest in cryptoassets from tax authorities and other regulators shows that this asset class is now finally being taken seriously. (Updated at 14:59 UTC: the new last paragraph has been added). "What our research shows is that […]

Top 4 Risks DeFi Investors Face Impressive growth in the DeFi (decentralized finance) market since the start of the year has shown us that there is a high demand for yield-generating protocols, despite the risky nature of these new financial products. DeFi’s value proposition is easily apparent: borderless access to a host of financial services […]

Where is Blockchain Not Needed? A consensus has built in the last few years that blockchain is going to continue to broaden its impact in modern society. Once tied exclusively to bitcoin, the technology has already become more widely useful, and most seem to expect that this trend will continue.   For our part, our […]

This data metric suggests the crypto market could soon see another “altseason” The crypto market has taken a beating throughout the past few days and weeks, with sellers taking full control over altcoins as Bitcoin oscillates within a relatively wide trading range between $10,200 and $11,200. This has created an air of uncertainty amongst investors, […]

A pump in daily volume creates an 8% swing on whether Trump will complete his first term. Following reports of United States President Donald Trump’s positive test result for COVID-19, prediction markets have (perhaps predictably) seen a flurry of activity. One of the more macabre predictions gaining attention is on the centralized PredictIt market run […]

RG coins Bulgarian crypto Exchange owner charged over auction fraud scheme Rossen Iossifov has just recently been convicted of operating a multi-million dollar money-laundering operation in a transactional auction fraud scheme. Following a two week trial, the man behind the scheme was found guilty by a federal jury in Frankfort Kentucky as well as being […]