On January 20, Crypto.com issued an official statement to share details of its losses during a recent breach of its security network. Nearly $34m Worth Of Digital Assets Were Stolen – Crypto.Com Part of the statement revealed that hackers stole “444.94 BTC, 4,836.27 ETH and about $66.3K worth of other digital assets” from its platform. […]
Until the implementation of EIP-1559 during the London hard fork of august 2021, ETH users couldn’t pay fees using burned Ether. Implementing EIP-1559 But since the implementation of the EIP-1559, burning ETH has been a custom among ETH users. It has to be noted that ‘burning ETH’ is an act of reducing ETH supply permanently. […]
As a way of enforcing more oversight functions on the crypto market, Thai’s financial regulator has slammed its crypto traders with a 16% capital gains tax from their crypto profits. A local media report stated that the finance ministry would be highly watchful of tax filings henceforth, especially those involved in digital currencies. But the […]
On this day, 13th years ago, Satoshi Nakamoto (Bitcoin’s founder) mined the first block on the bitcoin network with a reward of 50 BTC. Today, the BTC network continues to rise in popularity and adoption. Today, it even set a new peak hash rate at nearly 208 exahashes per second (EH/s). China And BTC Hash […]
CryptoPayTech Review If you’re searching for a reputable crypto exchange like CryptoPayTech, you’ve reached the right spot because, in this CryptoPayTech review, we’ll guide you through all the beneficial qualities and trading capabilities of this crypto exchange. So continue reading to discover more about this fantastic trading exchange. So you’ve decided to get started with cryptocurrencies […]
The Intel Corporation has been taking an interest in cryptocurrencies and blockchain technology for a long time. However, only recently, the company has decided to invest in a cryptocurrency-based enterprise. According to the report published by financial media outlet Barrons, Intel has purchased Coinbase stocks in large quantities. Barrons also referenced SEC filing that confirms […]
There is a sudden rush to adopt cryptocurrencies such as Bitcoin, Ether, and other altcoins because of the safety and ingenuity these bring to the modern financial world. Now, this is something that is taking place already in significant parts of the world, metropolitans that have not only established a standard financial system but are […]
Binance is one of the largest cryptocurrency exchanges in the world. Financial News recently reported that UK consumers of Binance do not have the option to withdraw their funds in pound sterling anymore. The problem was first noted on July 13th, 2021, when numerous Binance users in the UK found themselves unable to cash out […]
XRP as a cryptocurrency had seen some hard times as it was delisted a couple of months back when SEC filed a lawsuit against the cryptocurrency, stating that it is not a cryptocurrency plain and simple but is a security that remained unregistered and still made transactions breaking a bunch of the codes and violating […]
The largest crypto-based enterprise and exchange platform Coinbase, has joined the ranks of public listed companies at NASDAQ. The COIN ticker is not just a new face on the block, but it has managed to make a grand entry into the cut-throat stock market in a manner that it is impossible to ignore its presence. […]
The Bitcoin HODlers are showing great resilience under the pretext that the market keeps depreciating in the ongoing week. In the span of the last 42-66 hours, there has been massive movement seen on the retail wallets on all major crypto exchanges. According to reports, a sizable amount of Bitcoin from individual investors that have […]
What is Cryptocurrency? Cryptocurrency has become a global phenomenon, but it is difficult sometimes for people to understand it. So let’s walk through the whole story. What are cryptocurrencies? A general definition of cryptocurrency says that “it is digital and decentralized money that depends on blockchain technology”. It was created on the idea of eCash by […]
Recent information shows that Coinbase will soon be hitting a milestone in the direct listing. This has generated much excitement among crypto enthusiasts and investors. Crypto enthusiasts are eagerly awaiting the “Amazon moment” for their precious cryptocurrencies. The direct listing of Coinbase is bound to make it to the history books soon, as it is […]
As the FCA continues to maintain its ban on the crypto-derivatives, the widely known crypto services provider, Bybit, has decided to stop working for every customer residing in the United Kingdom. Bybit dropped an official message for its UK-based customers that they should withdraw their funds by March 31, 2021. The platform has decided to […]
The national bank of Kyrgyz Republic (NBKR) wants to diminish the risk of losing money by giving licenses to cryptocurrency exchanges in the country. The initiative of the central bank will provide security and protection to investors regarding crypto investment. Exchanges will Get Licenses According to Tolkunbek Abdygulov, the chairman of National Bank of the […]
The supply of Bitcoin over cryptocurrency exchanges is decreasing as people are storing it for a long time. The market observers claim declining BTC supply is bullish as it will create an effect of scarcity. According to Rafael Schultze-Kraft, the chief technology officer at Glassnode, investors and traders are not paying attention to decreasing supply, […]
According to the latest on-chain reports, BTC held over cryptocurrency exchange has reached two-year lowest position. While addresses holding at least one Bitcoin has also claimed an all-time high value. Since February 2020, the BTC balance sheets of cryptocurrency exchanges have been decreasing. As per the data revealed by on-chain analytics firm Glassnode, Bitcoin over […]
Coinbase, the largest cryptocurrency exchange in the US, has announced to support the airdrop of the Flare Networks, which may pump XRP’s price high in the future. In its latest blog post over the topic, Coinbase unveiled that it would assist in the airdrop of Spark tokens. The users of the US-based exchange holding XRP […]
Crypto derivatives exchange BitMEX informs its users that they will have only two weeks for verification. If users fail to verify themselves, they will not be able to withdraw funds. Deadline of Two Weeks According to the announcement by BitMEX on November 19, users of the crypto derivatives exchange will have to complete the KYC […]
Wynn-EX Exchange Review Are you intrigued by the online trading business and are interested in making profits through online trade? It is never too late or difficult to join the financial market, especially these days where everything is connected via the internet. You will find that there are thousands of exchange firms available online. And […]
