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Bitcoin has suffered insurmountable losses over the past two days. Roughly 15 percent has wiped away from bitcoin’s value, and at press time, the price stands at about $6,404 – virtually unchanged from yesterday. It wouldn’t be so bad if at the beginning of the week the currency wasn’t trading for approximately $7,300. Some analysts … Read more
It’s not secret that a dauntingly large percentage of ICOs are fraudulent from the start. However, in most cases, it’s quite simple for speculators to separate the scams, and funds are primarily accumulated from inexperienced or otherwise naive investors that the coin offering targets. Unfortunately, every now and then, these scams pass, unsuspected, until the … Read more
Coinbase has been progressively making inroads into the U.K market as it seeks to become a market leader in the lucrative market. The San Francisco-based crypto exchange announced on Wednesday, September 5 that it would begin to support four more British pounds (GBP) trading pairs for its U.K users. The four trading pairs will be … Read more
Pornhub has become the first company to pay users for watching adult content. In a recent turn of events, the firm paid SH1m for watching a million porn videos on their platform over the years. The milestone was reached months ago, but the statistics only came to light this week. Pornhub Continues to Grow and … Read more
Could you live without cryptocurrency in your life? For its proponents, bitcoin is a drug that’s had them hooked since the day they discovered it. Not all holders feel the same way though. Stung by massive losses and the realisation that cryptocurrency is taking over their life, some traders forced themselves to walk away for … Read more
At press time, the sixth-largest cryptocurrency by market cap is trading for about $5.07. Overall, EOS seems to be down by roughly 15 percent over the last 24 hours, making it one of the largest single-day losses over the past week. The currency presently has a market cap of about $4.55 billion and a daily … Read more
The lawyer for the alleged BTC-e exchange operator, Alexander Vinnik, claims that the Greek supreme court has decided to extradite him back to his motherland. If true, this would be a significant blow to US authorities’ attempts to get their hands on Vinnik and extract information from him about Russian hackers. Also Read: The Daily: Luxury … Read more
If you have been buying or selling on Amazon, then you are probably aware that for a long time, the world’s number one online retailer has maintained a strong stance on the use of cryptocurrencies on its platform. This is, however, likely to change soon after Mark E., an avid user at Change.org started a … Read more
UK’s Financial Conduct Authority (FCA) has issued a stern warning to two Bitcoin investment firms; Local Bitcoin and BK Coin, two companies that are alleged to be owned and operated by the same group. According to the FCA, the two cryptocurrency firms were offering crypto investment services without authorization. Although Local Bitcoin claims that it … Read more
Binance is looking at Africa as the next frontier of growth, an executive at the world’s largest crypto exchange by daily trading volume has revealed. Benjamin Rameau, the Director of Binance Labs revealed the company’s reasons behind setting out to conquer Africa, with the relative underdevelopment in the continent and the great diversity being among … Read more
