Coinmarketcap (CMC) temporarily went offline Thursday, August 13 and normal service only resumed some hours later, but not before inconveniencing a number of regular users. Crypto investors accustomed to CMC’s service scrambled to find reliable alternative sources of fresh market data. During this downtime, crypto traders that are new to markets.Bitcoin.com got a glimpse of
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A federal judge has ruled that a New York attorney is responsible for repaying a crypto investment firm after he prematurely released escrow funds set aside for buying $5 million in Bitcoin. According to an Aug. 13 report on Law360, U.S. District Judge Alison J. Nathan confirmed that attorney Aaron Etra is on the hook
Bitcoin smart contracts are a tricky beast to tame, but a new language is making them easier to write, democratizing them in a sense. Smart contracts can (among other things) allow users to set extra rules on their bitcoin, requiring these rules be met before the funds can be unlocked. Minsc, created by Bitcoin developer
Yam Finance, an experiential Decentralized Finance (DeFi) protocol, saw its market cap crash down to zero within minutes on Aug. 13. With it, major DeFi tokens, including Compound, Yearn Finance, and Balancer, plunged as well. YAM/USD price performance. Source: Coinmarketcap Compound, the second biggest DeFi protocol in the global market, saw its market cap drop
Bitcoin has been stuck below $12,000 for the past couple of weeks, with the intense selling pressure here slowing the momentum that it built since late-July. Each attempt to break above this price region has resulted in the crypto facing a strong rejection that leads its price down towards its support at $11,200. This level
Gold’s sharp rebound after logging its biggest plunge in 7 years left Bitcoin (Symbol: BTCUSD) in a comfortable space. The benchmark cryptocurrency seemingly copied the precious metal’s retracement moves during the Wednesday session. At one point in time, it was trading at $11,148 (data from Coinbase), down 7.76 percent from its weekly top. But it
The U.S. government’s attempts to fix the current economic situation could ultimately lead to greater Bitcoin (BTC) adoption, according to Bill Barhydt, CEO of crypto wallet and exchange solution, Abra. “I think that this is a pivotal moment for Bitcoin as a new asset class,” Barhydt told Morgan Creek Digital co-founder Anthony Pompliano during an
The internet is back in Belarus, according to reports, but the outage sheds light on what kind of technologies might help ordinary citizens get around such blackouts in future. The internet was down nationwide for almost three days this week during protests following a controversial presidential election that resulted in an apparent landslide for President
According to blockchain data platform Blockchair, the average transaction fees paid by Ethereum users have reached a new record average of over $7.50. Average Ethereum transaction fee in USD chart. Source: Blockchair During a similarly congested period from June – July 2020, Ethereum co-founder Vitalik Buterin called for reform to the cryptocurrency’s fee system, suggesting
Robert Wiecko is getting back into playing electric guitar. Armed with his brand new Fender Stratocaster, the COO of DASH Core Group is reliving his youth as a high school student living in Poland. “It’s an amazing feeling to restart something you loved so much and forgot for some reason.” Playing guitar gives him a
Crypto Pro app has extended its Apple device support and is now available on Mac, iPhone, iPad, and Apple Watch. What is Crypto Pro? Crypto Pro tracks cryptocurrency prices in real-time and displays interactive charts with indicators. Users can also read the latest crypto news, set custom price alerts, and monitor their portfolios with performance
Per an Aug. 13 announcement from the United States Department of Justice, the authorities have seized millions of dollars worth of cryptocurrency from over 300 accounts. The announcement does not specify the specific amount, but does identify the operation as the largest to target terrorist funding in cryptocurrency. A wide range of agencies including the
Institutions are buying huge amounts of Bitcoin (BTC) and hodling, not selling it, data shows as the network mimics early 2016. Data from various sources uploaded to social media this week show that over 40% of the Bitcoin supply has now not left its wallet in two years. Institutional BTC demand far outweighs supply At
Bitcoin (Symbol: BTCUSD) has enough momentum left to attempt an extended bull run towards $14,000, says Jacob Canfield. The Signal Profits founder placed the benchmark cryptocurrency on a Fibonacci Retracement graph, a set of horizontal levels that indicates where the supports and resistances are most likely to occur. He noted that BTCUSD had ample of
Chukwuemeka Ezike sends thousands of dollars worth of bitcoin a month in order to trade with Chinese exporting companies. In return, he receives spare auto parts, construction equipment, and juices for a family business his father started more than 30 years ago. Ezike works full-time at Singapore-based crypto exchange Huobi as its community manager but
Mike Novogratz, the founder of Galaxy Digital, thinks Bitcoin and gold are likely to head higher towards the end of the year. He reiterated this position in a tweet published on August 12th. This comes as Bitcoin has stalled in the high-$11,000s. The cryptocurrency’s inability to surmount the $12,000 resistance has led some commentators to
Yam finance (YAM), the latest fad in the crypto space, recently warned the public of a technical bug affecting the ecosystem. “We have found a bug in the rebasing contract,” the project said in an Aug. 12 tweet. “All funds in staking contract are safe, as this is an unrelated part of the protocol,” the project
Some of the billion-dollar businesses across the globe have been embracing blockchain technology to efficiently share sensitive data between multiple parties across a single network. While the concept is welcome, early adopters of blockchain technology have often found themselves lured toward private networks due to security concerns and a greater need for control. Yet, as
This is your beginners guide on how to invest in bitcoin and how to invest in cryptocurrency in 2020. In this video, we will cover how to get started with cryptocurrencies with KuCoin, Coinbase, or Robinhood. Get started with Coinbase to buy bitcoin: https://www.coinbase.com/join/thomas Get started with KuCoin in order to exchange your bitcoin for
Hackers are stealing bitcoin through the large-scale use of malicious relays on the Tor network according to a newly published research report on the subject. The researcher dubbed “nusenu” said he warned people about the growing problem in December 2019 but instead of improving Tor exit relay activity “things have become even worse,” he stressed.
