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Facebook soon to release its first Cryptocurrency, Globalcoin

Globalcoin soon to be released by Facebook, and this is quite different than other cryptocurrencies. The company’s Cryptocurrency is backed by Visa, MasterCard, PayPal and Uber. It is also termed as Libra. Cryptocurrencies have grown larger since decades and has created a very new dimension of financial exchange in which …

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Bolsonaro spurns Cryptocurrency, crafts his own ideology ‘Bolsocoin’

Bitcoin that has been the most fascinating among the traders and investors, has been badly criticized by Brazil’s President, Jair Bolsonaro. In a recent interview aired on national television, Jair Bolsonaro talks about Cryptocurrency that is being used to bank indigenous people in Brazil. During his conversation about the new …

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Want to transfer $1,000 of digital asset, take a note on what FATF has to say

Financial Action Task Force (FATF) made new rules on money laundering in just nine days in approx. 200 countries that demand the Cryptocurrency businesses to verify the identity of people who send and receive greater than $1,000 of the digital assets, which will decrease or perish pseudonymity. Bloomberg report suggests …

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An overnight exit from Cryptocurrency world, exit scam of Coinroom

On 2nd April 2019, Coinroom, a polish Cryptocurrency exchange, shut down immediately, stealing various customer accounts worth money up to $15000. After the shutdown, the founders go underground and there is no way to contact them. Maciej, one user of Coinroom stated that “We don’t know how much money they …

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Coinbase recommends buying Cryptocurrency bit by bit and habitually, but why?

In the past recent years, Cryptocurrencies has been the most unpredictable among all other currencies or traditional investments. The frequent change in price in Cryptocurrencies has led to chaos among investors. Average investors are not able to match their price with $400 million and the changes with Reddit Cryptocurrency forum. …

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CCN Shutdown : Google core update, ensuing decline in traffic on Crypto Sites

On 3rd June 2019, Google has got its update recently. Strikingly, crypto sites have lost significant traffic due to this upgrade than the other websites. While other sites are trying to manage, one much-known crypto site, CCN, got to shut down for its own good. Google has put this upgrade …

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Bitcoin’s Market Cap achieved $5 Billion, Is it start of the Bitcoin’s Parabolic Bulls Run?

On June 10, 2019, Bitcoin has crossed the market capitalization value of $5 billion. Bitcoin just achieved the value in just 60 minutes; the value of the bitcoin was around $7,668 and then the value increased up to $8,000. On some crypto exchange, the value of the bitcoin even crossed …

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Mystery Unresolved: Is Neal Stephenson the most famous Bitcoin Creator Satoshi Nakamoto?

The science fiction legend, Neal Stephenson of ‘Snow Crash’ fame might be the Bitcoin Creator, as suggested in the recent article. He is compared to Satoshi Nakamoto in the article stating that: “Consider the possibility that Neal Stephenson is Satoshi Nakamoto, the pseudonymous inventor of Bitcoin.” But let’s not go …

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Weekly Crypto Market Wrap: Price Analysis of Several Cryptocurrencies 2 June – 8 June 2019

Facebook’s stablecoin is what most are eagerly waiting for as the white paper soon to be released by 18th June 2019, as known through different sources. Undoubtedly, the reason behind the eagerness of wait is due to the fact that Facebook along with WhatsApp and Instagram can connect to millions …

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Stolen Bitcoin from 2016 Bitfinex hack got moved to unknown wallet

Let’s go to the flashback when Bitcoin was stolen from a crypto exchange Bitfinex in the year 2016 has again been moved in some unknown wallet from the hacker’s wallet on 7th June 2019, as seen on a tweet made by Whale-alert.io, a tracker of Crypto transaction. At the day …

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