New cases of Bitcoin fraud are back circulating the media. Back in May, the NYPD warned the public about Bitcoin scams, but that hasn’t stopped incidences of fraud from occurring. In the news this week, we have learned of two new Bitcoin fraud cases: one involves a Pennsylvania resident, and the other, interestingly enough, involves
Month: September 2019
A system-wide upgrade is coming to ethereum’s Ropsten test network on Wednesday. And while “Istanbul” should ultimately introduce network efficiencies, the testnet launch won’t be smooth sailing for everyone. For governance platform Aragon, in particular, the code changes are expected to break roughly 680 smart contracts, according to Aragon One CTO Jorge Izquierdo. These smart
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The United States-based branch of major cryptocurrency exchange Binance, “Binance.US,” opened account registration and verification services for residents of Puerto Rico. According to an official announcement published on Sept. 30, Puerto Rico residents have the same levels of access as U.S. residents from those states already permitted to use the platform. The launch of Binance.US
A little hopium filled the crypto community over the weekend as Bitcoin (BTC) price attempted a push higher. Sunday saw it evaporate however as all gains were lost again and this morning has been even worse with a fall back below $8,000 again. Analysts are predicting a further 20% dump. Bitcoin Price Fails to Hold
Ripple is expanding its engineering team and moving into a new geography with the acquisition of Iceland-based crypto trading firm Algrim. The Algrim team will add six engineers to Ripple’s ranks, with a focus on integrations with partner crypto exchanges. The team will work to expand Ripple’s cross-border payment corridors and contribute to the ongoing
SatoshiTango was one of the first crypto exchanges in Latin America and is still a major player in the ecosystem. In this video CoinDesk’s Diana Aguilar sat down with founder Marias Bari in Argentina about the future of crypto in the region. We visited Argentina on the eve of its financial crisis last month and founders
Successful traders treat trading like a business and part of treating your trading like a business involves keeping a journal. While everyone has a different format and preference, I generally use an Excel spreadsheet to help with calculations and provide organizational clarity. Crypto investors are always curious about each other’s positions and typically these conversations
This week, the creator of the labradoodle canine cross-breed said it was his “life’s regret.” Which suggests that he has already taken the opportunity to stock up on bitcoin following this week’s price drop. Bitcoin Price: Down Again But Still Not Out Not a great week for BTC price, but not the disaster that some would
The Takeaway: Asian institutional investors, mostly high-net-worth individuals and family offices, are increasingly showing interest in digital assets, with some having allocated part of their portfolios to crypto hedge funds. The gloomy macroeconomic outlook and the news of Facebook’s Libra and China’s central bank digital currency have fueled this interest, market participants say. Crypto hedge
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Rachel-Rose O’Leary is a reporter at CoinDesk covering how cryptocurrencies are being used in areas of economic, social and political unrest. This article is part of her series from Rojava, Syria. “It’s a first for Rojava and a first for the Middle East.” That’s how 22-year-old programming student Mohamed Abdullah describes the Open Academy – a new school
The German-speaking world has experienced another week full of exciting developments in the crypto industry, with a Berlin-based fintech startup receiving $1.5 million to develop its own blockchain, German experts warning about Facebook’s crypto coin, and the Federation of German Industries asking the government to create suitable conditions for blockchain. Here is the past week
Bitcoin (BTC) price clearly broke through key support levels at $9,500 recently, as shown in my previous analysis and has since dropped to $7,700 losing almost 19% of its value within the last few days. Bitcoin Daily Price Analysis On the 1 day chart for XBT/USD, we can see that price levels broke down below
LedgerX executives claim the U.S. Commodity Futures Trading Commission (CFTC) is treating them unfairly – because of a blog post. According to two letters obtained by CoinDesk via a Freedom of Information Act (FOIA) request, LedgerX believes former CFTC Chairman J. Christopher Giancarlo was personally biased against the company, and improperly used his position to
Bitcoin (BTC) is like any other asset class in that it captures value through organic price discovery conducted via trading activity on global exchanges. Yet leverage and margin trading, in general, can help “turbo-charge” demand for an asset. They can also free up capital, thus increasing liquidity within a given market as traders look to
Sign up for the Roger Report: http://info.trustetc.com/roger-report In this edition of the Roger Report, crypto expert Roger Bryan discusses five things investors need to know about investing in Bitcoin. It’s really important to have a strategy and an understanding before you jump into this. He’ll go over some of these rules in order to help
Bitcoin’s (BTC) Lightning Network (LN) developer Rusty Russel has published the full disclosure of the network’s vulnerability discovered in August, accompanied by a solution. Russel pointed out that the vulnerability appeared while opening funding channels. The described process does not require that receivers check if a transaction is the one promised by the funder in
Bitcoin price deepened losses just as the third quarter was heading to a close. With the latest crash to $7,800, down from recent levels above $10,000, BTC is on track to log the worst third quarter since 2014. Q3 Most Likely Wiping Out 24.99% of BTC Prices Looks like we are not going to get
Spencer Dinwiddie took a shot at tokenization, but the National Basketball Association blocked him. The NBA said Friday that Dinwiddie’s plan to pledge part of his contract earnings for a security token offering violates the league’s collective bargaining agreement, according to the New York Times. “The described arrangement is prohibited by the C.B.A., which provides that ‘no player
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