Facebook, the world’s largest social media platform, announced its foray into the world of cryptocurrencies in 2019 with the launch of its digital currency called Libra. This move generated a lot of…
Category: Bitcoin
Elon Musk Condemns the Heavy-Handed Fed for Hawkish Policies as Former BitMEX CEO Projects Bitcoin Rally
Tesla Inc. chief executive Elon Musk restates his proBitcoin stance to condemn the hawkish stance demonstrated by the US Federal Reserve to combat inflation. Musk decried the heavy-handed approach adopted by the…
XRP Rallies 10% to Five-Month High Following CFTC Reference of Bitcoin as Commodities
XRP defied the general bloodbath witnessed in the cryptocurrency market to surge 10% a day after the Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance. The reference of bitcoin (BTC),…
Bitcoin ATM Maker To Refund Customers Impacted By Zero-Day Hack
General Bytes has taken various actions following the recent hacking attack on its system. It has proposed to compensate its customers who use cloud-hosted services and adopted additional security protocols. General Bytes…
Exploiter Of Euler Finance Returns A Huge Chunk Of Stolen ETH
Just at the beginning of the month of March, Euler Finance, a major lending protocol had suffered a major exploit. As a result of the exploit, the hacker was able to steal…
Sales For Non-Fungible Tokens Experienced A Major Decline, Ethereum Still Dominates NFT Market
After a while, the non-fungible token (NFT) market has started showing signs that it is moving towards a decline. A decline in sales has been recorded for the non-fungible tokens. NFT Sales…
Dwpbank To Offer Bitcoin To Its Affiliates Through New wpNex Platform
Deutsche WertpapierService Bank, a securities processing German company, will offer its partners the ability to smoothly integrate its current offerings with their own. It also plans to eventually introduce additional digital assets…
French Legislators Suggest Prohibiting Promotions By Crypto Influencers
In an effort to safeguard consumers from potential risks, French lawmakers have put forward a proposition to ban the promotion of certain financial products and services, including crypto assets, through electronic means….
Will Bitcoin Price Soon Surpass $35,000 Mark?
Bitcoin Benefits as the US Banks Collapse Bitcoin’s value has benefited greatly from the recent collapses of major U.S. banking institutions. Recently, the price of bitcoin has undergone a strong rebound after…
“Black Swan” Author Thinks Predictions Of Bitcoin Prices At $1,000,000 Are Totally Laughable
Coinbase’s CTO, Balaji Srinivasan, was previously an a16z partner. Making such a prominent claim has generated a lot of debate. To the dollar, if you bet that bitcoin’s value will reach $1…
Analysts Believe Bitcoin Could Bring Mass Crypto Adoption To Africa
With Africa being considered the sleeping giant of crypto, many experts and enthusiasts alike believe that it is only a matter of time before the region fully embraces the technology. During a…