Past two days, the price of Bitcoin has dropped down by over 10 percent and the valuation of the cryptocurrency market has plunged to $201 billion as Bitcoin lost 13 percent, moving closer to its yearly low at $192 billion. Since Sept. 6 when the price of Bitcoin dropped by …Read More »
BitShares was founded in 2014 by Dan Larimer, a cryptocurrency visionary and early adopter. He first started working with Bitcoin in 2009. But after some centralized exchanges started to shut down for no apparent reason, Larimer realized that a decentralized exchange is necessary. From this idea, BitShares was born.
As Larimer explained in this blog post, BitShares is, amongst other things, a software, network, ledger, community and most notably a decentralized peer-to-peer exchange. BitShares aims to remove the need to trust a centralized authority to oversee transactions and handle funds. Dan Larimer has an extremely impressive resume, and has been the lead developer on both EOS and Steem, in addition to Bitshares.
A broker has posted on Twitter claiming that an actor is exploiting Bithumb’s 120% fee payback to drain the stage of roughly $150,000 USD every day through washtrading. Alex Kruger, a cryptocurrency trader, took his twitter handle to post charges that Bithumb is losing generally $150,000 every day to a …Read More »
Bitcoin ATMs will gain cryptocurrencies acceptance on regular bank ATMs have long been a target for criminals but now bad actors are turning their sights. The cryptocurrency purchases are done using Near-Field Communication (NFC) or the Europay, Mastercard, and Visa (EMV) pre-written cards which are provided to buyers of the …Read More »
As part, its corporate action plan for the year 2018-19 Australia’s primary securities regulator is focusing efforts to keep a close eye on the cryptocurrency sector, including ICOs. The ASIC is specifically launching a new project focused on the usage and prevalence of cryptocurrencies across industries. For crypto exchanges, the …Read More »
A major South Korean insurance company reportedly will start offering cryptocurrency exchanges insurance aimed at compensating for damages caused by hacking, according to local media. Currently, few crypto exchanges in the country are insured and hacking damages are not covered. A major insurance in Korea introduces a new insurance policy …Read More »
In the last 24 hours, the bitcoin dominance index achieved 55 percent, its highest point since December of last year. As tokens lost out largely against Bitcoin, the dominance index of the cryptocurrency increased significantly over the past few days, from 51 percent to 55 percent. The steepest daily drop …Read More »
While the markets are in their own zone of decay, there is some news developing around the Bitcoin ETF. This time things appear to be on the positive side as the appointment of the new commissioner at SEC by Trump is Pro cryptocurrency. Alternate news that would give a positive push …Read More »
In Latin America and the Caribbean, it is one of the leading US-based cryptocurrency exchanges is partnering up with a fintech company to launch a digital asset trading platform. It Focuses on user experience and on the new digital asset trading platform in Latin America and the Caribbean will supposedly …Read More »
On Thursday Bitcoin price extended its prevailing bearish correction sentiment and dropped as much as 6.5 percent from the yesterday’s low near $6,710. The BTC/USD in the very first hours of today’s session formed lower highs and lower lows towards 6731-fiat and 6303-fiat. It very much set the sentimental course …Read More »
An official from Goldman Sachs hoped to dispel any confusion air yesterday about the bank’s digital currency plans after reports that it was forsaking intends to open a trading desk for cryptocurrencies. “ I never thought I would hear myself use this term but I really have to describe that …Read More »