Bitconnect was an investment lending platform operating in the crypto sector, known for developing a classic Ponzi scheme. The company promised its investors significant returns, paying out existing loan interest with newly pledged loans. It wasn’t the only scam ever pulled off in the industry, but it’s…
In cryptocurrencies, a block reward is the reward given to miners who have added a block to the blockchain. Depending on the digital asset in question, the attribution of these rewards may vary. However, in most cases, people who insert a block into the blockchain receive some of the coins…
An atomic swap is a peer-to-peer exchange that allows two users to exchange digital assets without going through an exchange, centralised or not. How does it work? While the core principles of an atomic swap are relatively easy to grasp, the whole thing is a bit harder to get…
The crypto world’s top trading competition is back for 2021! With a prize pool of 7.5M USDT, over 1,000 NFTs and a 40K USDT bonus up for grabs, this contest promises to be bigger and better than last year’s! Disclaimer: This article is brought to you by ByBit. Crypto…
Fiat currencies such as the euro (EUR), dollar (USD) or pound (GBP) have a specific denomination for hundredths of units. As you know, one pound is divided into 100 pence, each worth one hundredth (1/100) of a pound. Likewise, Bitcoin is divided into many very low units, which allow…
Robinhood has just taken another hit. Its shares dropped 10% on Thursday, 19th August, the lowest after its worst trading debut among companies with an IPO of the same size. The company started with 55 million shares debuting at $38. Robinhood stock is on a rollercoaster Despite promising…
Binance.US, the US branch of the trading platform, intends to raise additional capital in its upcoming funding round, according to Changpeng “CZ” Zhao, CEO of the world’s largest cryptocurrency exchange. Binance’s investor base According to Binance CEO, even despite regulatory concerns, a number of top-level investors are showing interest…
A cryptocurrency lover who took advantage of a bug in the ICON protocol to mine ICX can file a lawsuit to protect his rights in line with the decision of the federal court of California. The plaintiff’s not guilty Dailydrolls.com reports that on Monday, 9th August, US District…
In the crypto world, a 51% attack occurs when a person or a group of individuals gains control of 50% + 1 unit of the network. No one says 50% + 1 unit though, so it’s called 51% for short. When a group manages to control the majority of the…
CryptoQuant, an on-chain data analytics company, tweeted that earlier this month they recorded a major shift in Bitcoin fund flows. Analysts point out that in just one day over $131 billion ( ̴ £94.1 billion) worth of BTC was moved. And only 1% of this amount is accounted for…
The central bank of Estonia has discovered what it called ‘unlimited potential’ in its pilot tests of a blockchain-based digital euro. The trial results revealed that blockchain technology could ‘in theory’ support almost unlimited number of transactions. The experiment Following a research conducted in cooperation with several other central…
After conquering the worlds of sport, music and gaming, NFTs have their eyes on another sector: culture. In Hong Kong, a media outlet is working on a project to create a series of NFTs depicting monuments, such as the Kowloon Walled City, which will then be converted into The Sandbox’s…
Currently in its private sale phase, MyTVchain is also gearing up for its migration to the Binance Smart Chain. The purpose of this article is to clarify the reasons that led the team to turn to this technology, as well as to keep you informed of future developments. Why is MyTVchain choosing…
The end of this week will mark two months that the price of Bitcoin (BTC) is trendless, sitting in a trading range with quickly-thinning volumes. Only one thing is certain: the exit of the range will be very impulsive. We will use this article to discuss a selection of tools…
Does the rise or fall of Bitcoin (BTC) have a knock-on effect on cryptocurrencies? Yes, according to traders. They claim all the conditions have been met for BTC to take off again and pull up other electronic currencies, too. The “End of phase C” and “beginning of phase D” After jumping ship…
Following the order to remove the Bitcoin white paper from its site, Bitcoin.org can no longer offer the Bitcoin Core software for download in the United Kingdom. Unable to download from the UK If you connect to the Bitcoin.org site from an IP address located in the UK, a…
Are stablecoins under threat? Unlike Bitcoin (BTC) and other cryptocurrencies, whose values fluctuate over time, stablecoins remain… well, stable. But this stability could be a problem. In any case, this is what it seems to be the case for Tether (USDT). Its issuance has remained stable since the beginning of June, according to data…
In this current climate of FUD news, sometimes it is nice to have some light-hearted news. So, please put your hands together to the West Midlands for bringing us this welcome break! British police searching for the green gold, ended up finding the digital gold, Bitcoin (BTC), last week.
While some countries are content not understanding the significance of blockchain, others – like the United Arab Emirates – have understood its importance. It was therefore only natural to organise a summit at the centre of the Middle East’s Manhattan in this turbulent year. Dubai and blockchain, a two day…
A group of 35 experts have taken a quick glance into their crystal balls to predict the price of Ethereum (ETH) in 2025. Their estimates range from $1,850 (~£1,304) to $100,000 (~£70,589). Ethereum 2025: what do the experts say? On 10th May 2021, a report by Finder entitled “Finder…
Under the foray of Elon Musk’s tweets and the subsequent extreme price fluctuations… sometimes, important news can go under the radar. In this particular case, it is Bitcoin and the future implementation of Taproot. Currently, however, it’s a race against time. What’s happening with miners? Right now, miners can…
Just a week after its launch, over 22,000 SwissBorg app users have deposited the equivalent of £120 million worth of BTC. They have been earning upto 9% pa paid directly in BTC every 24 hours. This is in addition to their existing yield wallets, where you can earn up…
Shortly after word spread of Vitalik Buterin’s $1 billion (~£710m) donation to a COVID-19 fund in India, Elon Musk sought the spotlight. What could possibly be his motivation this time? Musk no longer hides from market manipulation Time of the crime: 23:06 GMT. Reason? Market manipulation or Bitcoin ignorance/naivety of…
The more days go by and the more NFTs seem to gain traction. However, in this era where sharing everything is a big deal, what is the point of NFTs that we cannot all see? Enter Alex Masmej, the founder of Showtime. Let Alex tell us more. Alex Masmej: the…
Dubai’s government wants to welcome you to AIBC Dubai and to “one of the safest countries in the world”. Not only has it issued a permit to AIBC UAE – Dubai Summit for its conference on 25th and 26th May 2021 at the InterContinental Dubai – Festival City. The…
Welcome to another edition of The Decryption. Following on from the presentations of the various crypto projects, Alexandre will today discuss the Elrond project with you all! You will learn about the project, but also how to participate in the upcoming airdrop. Watch the latest instalment video below! A strong…
We are currently living in a period of flat calm… Even with its recent movements, bitcoin is still between $9,000 and $11,000, which is very annoying from an investor’s point of view. The Diary of a Crypto Trader #11 When Bitcoin was at $3,000, it was statistically more interesting to…