US Dollar Slump Incoming: Bank of America Sees ‘Death Cross’ as Confidence in Gold Rises

US Dollar Slump Incoming: Bank of America Sees 'Death Cross' as Confidence in Gold RisesThe US dollar is increasingly being viewed in a negative light by investors. Bank of America analysts are seeing a “Death Cross,” a bearish technical formation suggesting that a period of dollar weakness is coming. Meanwhile, confidence in gold has been rising. Investors Losing Confidence in US Dollar Investors are increasingly viewing the U.S. dollar […]

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Avalanche Launch Fumbles: ‘A Highly-Sophisticated DDoS Attack Derailed Token Sale’

Avalanche Launch Fumbles: 'A Highly-Sophisticated DDoS Attack Derailed Token Sale'On July 8, 2020, some members of the cryptocurrency community were prepared to leverage the AVA Labs Avalanche (AVAX) token sale, in order to acquire some of the highly anticipated coin on Wednesday. However, due to “record-breaking demand” and a “highly-sophisticated DDOS attack” the Avalanche sale has been rescheduled for July 15, 2020. For quite […]

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China’s Giant Ride-Hailing Service Didi to Pilot the Central Bank’s Digital Yuan

The Chinese government and the country’s central bank, the People’s Bank of China (PBoC), are currently in the midst of testing a digital yuan or central bank digital currency (CBDC). Now the Chinese ride-hailing corporation Didi Chuxing will be trialing the newly developed digital yuan in a “strategic partnership.” Whether people want to believe it […]

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South African Crypto Investment Company Issued Cease And Desist Order In Texas

The Texas State Securities Board (TSSB) issued a cease and desist order Wednesday against on Mirror Trading International (MTI), Forexandbitcoin.com and four individuals involved in a multi-level marketing scam. Out of the four individuals, Cornelius Johannes Steynberg is a resident of South Africa, while Micheal Aaron Cullison, Steve Herceg and Brian D Knott have US […]

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$1.4M in Bitcoin Transactions: New High for Argentina as Confidence in the Peso Tanks

$1.4M in Bitcoin Transactions: New High for Argentina as Confidence in the Peso TanksCrisis laden Argentina saw bitcoin transactions worth $1.4 million (101 million pesos) being recorded in the past week, a new high for the country. According to a report by Vorem, this figure is nearly double the previous high of $0.96 million recorded in the last week of June. Citizens who have previously “watched their currency […]

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Famous Malaysian Actor Fined for Stealing $50,000 Worth of Crypto From His Producer

A Malaysian court has fined famous local actor Mas Khan $4,000, or 26 months in jail, for stealing around $50,000 worth of cryptocurrency belonging to his producer, local media reported. Khan appears to have gained access to his boss’ Datuk A.Aida private keys before plundering his wallet on two separate occasions, the same day. In […]

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John McAfee Launches Ghost Phone Service to Supplement His Cryptocurrency

John McAfee Launches Ghost Phone Service to Supplement His Cryptocurrency and ExchangeTwo-time U.S. presidential candidate John McAfee has launched a privacy-centric cell phone data service. McAfee said that his Ghost cell phone data service offers 4G data without using a physical SIM card, is compatible with most major phones, and works in more than 50 countries. Ghost Cell Phone Data by McAfee John McAfee announced Tuesday […]

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Jeffrey Epstein Confidant Ghislaine Maxwell’s Last Reddit Post Was About Bitcoin

Jeffrey Epstein Confidant Ghislaine Maxwell's Last Reddit Post Was About BitcoinThe cryptocurrency community has been discussing the infamous Ghislaine Maxwell, the associate of the financier and convicted sex offender Jeffrey Epstein. Maxwell was recently arrested and many speculators think she may see the same fate as Epstein before she talks. Moreover, it seems the last time Maxwell used Reddit, her last post was about someone […]

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Permissionless Software Foundation Aims to Foster Open-Source Software With Bitcoin Cash

Permissionless Software Foundation Aims to Foster Open-Source Software With Bitcoin CashJust recently, Bitcoin Cash proponents were introduced to a new foundation called the “Permissionless Software Foundation” aimed at spreading Bitcoin Cash and SLP token technology. This week an organization called the “Permissionless Software Foundation” (PSF) revealed an announcement to the BCH community. The group’s mission aims to “foster the growth of open-source software and growing […]

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