Crypto Market Flips Green — But Is Bitcoin Ready to Retest $8,000?
Bitcoin price is attempting a second go at $7.8K but bulls must first overcome strong resistance at $7,400-$7,650 Go to Source Powered by WPeMatico
Month: December 2019
EU Won’t Let Stablecoins Enter Its Market Until Risks Are Addressed
No global stablecoin project should begin operations in the EU until the associated risks are addressed, EU authorities say in a new adopted statement Go to Source Powered by WPeMatico
Crypto Cybersecurity Firm Ledger Hires In-House Security Officer As New CTO
Ledger has hired an in-house security officer as chief technology officer to oversee the company’s security operations Go to Source Powered by WPeMatico
ECB Nominee Blames Resistance to Negative Rates on Financial Illiteracy
European Central Bank (ECB) executive board nominee and member of the German Council of Economic Experts, Isabel Schnabel, recently remarked at a European Parliament hearing that “This scapegoating [of the ECB] is extremely dangerous: it may damage the trust in the euro.” Schnabel was speaking out in defense of negative deposit rates being employed as … Read more
Australian Police Seizes Over AU$1.5m in Cryptocurrencies From Drug-dealing Couple
Criminals continue to use cryptocurrencies to mask them activities. Despite the lack of privacy and anonymity, it seems unlikely that this trend will come to an end soon. In Australia, two culprits were apprehended this week for selling various types of drugs. Two More Criminals Use Bitcoin and get Caught The Perth couple is suspected … Read more
Bitcoin Recovers from Below $7.2K After Schiff Says ‘Game Is Over’
Crypto markets continue to trade sideways as Bitcoin slowly recovers from its intraday low of below $7,200 Go to Source Powered by WPeMatico
Pomp Joins Figure’s Board as Firm Completes $103M Funding Round
Morgan Creek Digital’s co-founder Pomp joins Figure’s board as his company leads the $103 funding round Go to Source Powered by WPeMatico
Texas-Based Data Center CyrusOne Hit by Ransomware Attack
One of the largest data centers in the U.S., CyrusOne, has reportedly been exposed to an attack from the REvil (Sodinokibi) ransomware Go to Source Powered by WPeMatico
British Virgin Islands Government Turning to Blockchain?
Blockchain technology was first introduced through Bitcoin as a means to aid and empower global citizens. However, governments worldwide are increasingly looking into the nascent tech as a means of building out their own economies and national infrastructure. Cryptocurrency and blockchain tech have broad applications, as has been exemplified by implementation into a plethora of … Read more
Crypto-Focused Lender Blockfi Launches Trading Platform
Crypto financial services company Blockfi has launched a trading platform supporting three cryptocurrencies. The new offering adds to the company’s existing services: interest-bearing accounts and crypto-backed loans. Blockfi has completed registration with the U.S. Financial Crimes Enforcement Network and expanded its state licenses to cover both lending and money transmission. Also read: Bitcoin ATMs Installed … Read more