Twitter on the Defensive, Blames Third-Party App for Recent Scams

Twitter is pointing the finger at an unnamed third-party app as the party responsible for a string of cryptocurrency giveaway scams in recent weeks involving some major brands. Throughout the year, the popular social media platform Twitter has been in a losing battle against a massive botnet and cybercriminals who are hijacking prominent, verified accounts … Continue reading Twitter on the Defensive, Blames Third-Party App for Recent Scams

SEC Orders Airfox and Paragon to Return Millions to Investors on ICO Registration Violations

The U.S. Securities and Exchange Commission (SEC) has settled charges against two cryptocurrency companies which were accused of violating ICO securities offering registration rules. Both firms, Carrier EQ (Airfox) and Paragon Coin sold digital tokens in ICOs in 2017 after the regulator’s official stance on the ICO. Some crypto fundraisers can be considered securities offerings, according to … Continue reading SEC Orders Airfox and Paragon to Return Millions to Investors on ICO Registration Violations

Oxfam Officially Launches Blockchain-Based Program That Empowers Farmers

Oxfam has officially launched their blockchain-based program, called BlocRice, that is aimed at giving farmers significantly more negotiation power and to increase the efficiency of the supply chain by connecting buyers and suppliers directly through their system. The new program, which has undergone successful trials in Cambodia, has a primary goal of increasing revenues for farmers, … Continue reading Oxfam Officially Launches Blockchain-Based Program That Empowers Farmers

Time-Travel Crypto Once Backed by Trump-Appointed Acting Attorney General

Acting U.S. Attorney General Matthew Whitaker once was involved in an alleged scam promoting strange inventions, including a time-travel cryptocurrency. Attorney General Matthew Whitaker Backed an Alleged Scam Company Earlier this month, United States President Donald Trump ousted Attorney General Jeff Sessions from his post after Trump grew increasingly frustrated with Sessions’ recusal from the … Continue reading Time-Travel Crypto Once Backed by Trump-Appointed Acting Attorney General

“Crypto Hangover” Causes Nvidia’s Stock to Tumble 17%

Following a week of widespread carnage in the cryptocurrency markets, traditional retail stocks involved with the crypto sector are feeling the burn as well, with the California-based computer chip maker, Nvidia’s (NVDA) price tanking on the Nasdaq stock exchange. Nvidia’s plunge came about after the company reported Q3 results that were significantly below what analysts … Continue reading “Crypto Hangover” Causes Nvidia’s Stock to Tumble 17%

BCH Tussle: Bitcoin ABC May Reign Supreme over Craig Wright’s “Satoshi Vision”

To the chagrin of Craig Wright and his camp, it has become increasingly apparent that Jihan Wu, Roger Ver, and their compatriots at Bitcoin ABC have taken a leading position in the Bitcoin Cash “Civil War.” So, after weeks, if not months of trash talking, crypto’s most recent shouting match has begun to come to a screeching … Continue reading BCH Tussle: Bitcoin ABC May Reign Supreme over Craig Wright’s “Satoshi Vision”

Japan Wants to Regulate Crypto Wallets, Breach of User Privacy?

Crypto wallet users in Japan may have to reveal their identities as the country’s top financial watchdog prepares a law for it. The Financial Services Agency (FSA) on Monday revealed its plan to regulate cryptocurrency wallet providers, ItMedia reported. The decision came during a cryptocurrency study group meeting after concerns over money laundering and terrorist financing … Continue reading Japan Wants to Regulate Crypto Wallets, Breach of User Privacy?

Stablecoin Supremacy Battle Heats Up; Binance Lists USDC, Tether Below a Buck

Once up a time there was crypto and fiat. If you wanted to trade in altcoins you had to first buy Bitcoin. Tether changed all that when it came onto the scene on Bitfinex in 2015, today there are a slew of stablecoins all competing for supremacy. USDC Listed on Binance The controversy surrounding Tether … Continue reading Stablecoin Supremacy Battle Heats Up; Binance Lists USDC, Tether Below a Buck

Ripple Secures More Banking Partners, XRP Holds Second Spot Over Ethereum

San Francisco based blockchain company Ripple has secured another major banking partner in Asia this week. ASEAN’s fifth largest bank, CIMB Group, as announced that it will join RippleNet in order to utilize the firm’s cross border transfer products. Its XRP token meanwhile has held on to second spot over Ethereum. RippleNet Expands it Reach … Continue reading Ripple Secures More Banking Partners, XRP Holds Second Spot Over Ethereum

Bitcoin Price Watch: BTC/USD Could Rebound Towards $5,900

Key Points Bitcoin price extended declines below $5,330 and traded towards $5,200 against the US Dollar. There is a major bearish trend line in place with resistance at $5,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is likely positioning for an upward move above the $5,600 and $5,700 … Continue reading Bitcoin Price Watch: BTC/USD Could Rebound Towards $5,900