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  • What the Potential Loss of Millions of Dollars From Crypto Exchange Shows About the Industry NexoRelated NewsTwo Years o

    What the Potential Loss of Millions of Dollars From Crypto Exchange Shows About the Industry NexoRelated NewsTwo Years o

    Analysis Bitcoin News Depth
    This year has had more than its fair share of scandals involving crypto exchanges and their shady owners. It seems that they are not finished yet as reports are emerging of another exchange boss doing a runner with the keys to the crypto wallets on a relatively unknown Asian exchange. Crypto Exchange IDAX CEO ‘Missing’ According to a company announcement late last week the CEO of Asian crypto exchange IDAX has gone missing. That would not…
  • Ripple (XRP) Price Remains Supported For More Upsides NexoRelated NewsBitcoin (BTC) Signaling Bearish Continuation, $7K

    Ripple (XRP) Price Remains Supported For More Upsides NexoRelated NewsBitcoin (BTC) Signaling Bearish Continuation, $7K

    Analysis Bitcoin News Depth
    Ripple price is holding a couple of important supports near $0.2180 and $0.2150 against the US dollar. The price is currently facing resistance near the $0.2260 and $0.2300 levels. There is a major bearish trend line forming with resistance near $0.2260 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair needs to climb above the $0.2260 and $0.2300 resistance levels to continue higher. Ripple price is struggling to gain bullish momentum…
  • South Africa Planning New Regulations to Prevent Use of Crypto in Currency EvasionRelated
                        Articl

    South Africa Planning New Regulations to Prevent Use of Crypto in Currency EvasionRelated Articl

    News
    South Africa’s central bank is planning to implement new regulations to prevent cryptoassets from being used to evade currency controls.  On Dec. 2, South African Reserve Bank (SARB) deputy governor Kuben Naidoo said the central bank is planning new restrictions on how much local currency can be sent outside of the country, including the use of crypto. According to Naidoo, the rules will reportedly be put into place in Q1 2020.  South Africans are currently restricted…
  • Vitalik Buterin Supports Freeing Ethereum Dev Arrested for Visit to N. KoreaRelated
                        Articles

    Vitalik Buterin Supports Freeing Ethereum Dev Arrested for Visit to N. KoreaRelated Articles

    News
    Ethereum co-founder Vitalik Buterin has voiced his support for Virgil Griffith after the latter was arrested for visiting North Korea and allegedly using his knowledge of crypto to help the country avoid sanctions.  I refuse to take the convenient path of throwing Virgil under the bus, because I firmly believe that that would be wrong. I'm signing. Reasoning below.https://t.co/E44p5caeJO— vitalik.eth (@VitalikButerin) December 1, 2019 On Thanksgiving Day, Virgil Griffith was arrested by U.S. authorities at the…
  • VeChain (VET) Price Rises 13.5% on Announcement Microsoft Will Use Its BlockchainRelated
                        Article

    VeChain (VET) Price Rises 13.5% on Announcement Microsoft Will Use Its BlockchainRelated Article

    News
    The price of VeChain (VET) has risen more than 13% in the last 24-hour period shortly after it was announced tech giant Microsoft, major game developer Eidos, and gamebook firm Fabled Lands were set to use its blockchain for a card game. The card game, called “Arena of Death” will see players fight fantasy-themed battles against each other, and is based on the 1980s best-selling book “The Way of the Tiger” by Jamie Thomson and Mark…
  • Litecoin's Hashrate Dropped 70% Since Block Rewards Halved to 12.5 LTC per BlockRelated
                        Articles

    Litecoin’s Hashrate Dropped 70% Since Block Rewards Halved to 12.5 LTC per BlockRelated Articles

    News
    Hashrate on the Litecoin network has dropped nearly 70% from around 523 TH/S to 159 TH/s since the halving event, which cut its block rewards in half. As CryptoGlobe reported, Litecoin’s halvening saw block rewards drop from 25 LTC to 12.5 LTC per block. Halvings are planned events, which on the Litecoin network occur every 840,000 blocks mined. The reduced LTC payout per block seemingly saw miners stop focusing on Litecoin, and turn to potentially more…
  • Vertcoin Hit With 51% That Saw Hackers Lose up to $4,000Related
                        Articles

    Vertcoin Hit With 51% That Saw Hackers Lose up to $4,000Related Articles

    News
    Vertcoin (VTC), a cryptocurrency created through a fork of the Bitcoin blockchain back in 2014, has been hit with a 51% that seems to have been successfully thwarted and saw hackers lose up to $4,000. According to the cryptocurrency’s lead maintainer, James Lovejoy, an unknown entity seems to have rented as much hashpower as possible via the Nicehash marketplace to attack Vertcoin by controlling 51% of its hashrate. Vertcoin is an ASIC-resistant cryptocurrency that changes its…
  • Kakao to Launch 'Immensely Easy' to Use Crypto Wallet in H1 2020Related
                        Articles

    Kakao to Launch ‘Immensely Easy’ to Use Crypto Wallet in H1 2020Related Articles

    Depth News
    South Korean messaging giant Kakao is reportedly looking to launch its cryptocurrency wallet Klip in the first half of next year, as it plans to speed up its development. Speaking during the Klaytn Governance Council Summit in Seoul, Kakao’s co-chairman Yeo Min-soo revealed the company’s plan to launch the ‘immensely easy’ to use cryptocurrency wallet next year, and to actively support it so “people can keep their Klay in the wallet and use the cryptocurrency in…
  • Russia's Central Bank Says It Would Support a Cryptocurrency BanRelated
                        Articles

    Russia’s Central Bank Says It Would Support a Cryptocurrency BanRelated Articles

    Depth News
    The Bank of Russia, Russia’s central bank, has shown support for a potential ban on cryptocurrencies as it considers them too risky for investors. According to state-run news agency RIA, the financial institution revealed it believes “private cryptocurrencies cannot be equated with fiat money and cannot be legal tender.” The Bank of Russia reportedly added: If it is decided to ban cryptocurrencies as a means of payment at the legislative level, we consider it appropriate to…
  • Binance Adds Four New Trading Pairs for Russian Ruble (RUB)Related
                        Articles

    Binance Adds Four New Trading Pairs for Russian Ruble (RUB)Related Articles

    Depth News
    On Monday (December 2), crypto exchange Binance announced that it is launching four new trading pairs for the Russian Ruble (RUB) at 13:00 UTC on December 2. Earlier today, Binance posted a notice to its website, which stated that the exchange is launching trading for the following RUB pairs: BNB/RUB BTC/RUB ETH/RUB XRP/RUB Binance's  intention to support the ruble was first announced by the exchange's Co-Founder and CEO, Changpeng Zhao (aka "CZ"), at an event in Moscow…