January 27, 2020 Price Analysis Jan 27: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, ETC, XLM Most major cryptocurrencies have risen sharply from their recent lows which shows that bulls are building positions on every dip. Investors are rushing into various safe haven assets as the coronavirus death toll in China rises and the virus spreads in various Asian countries, the US, parts of Europe and Australia.…
January 27, 2020 Bitcoin Gold Blockchain Hit by 51% Attack Leading to $70K Double Spend The Bitcoin Gold blockchain suffered a second 51% attack in two years, leading to $70,000 worth of BTG being double spent. The Bitcoin Gold (BTG) blockchain has suffered a 51% attack resulting in over $70,000 worth of BTG being double spent.…
January 27, 2020 Ex-Employees Sue Tron’s Justin Sun for $15 Mln Over Alleged Harassment Two former employees at BitTorrent have sued Tron founder and CEO Justin Sun for alleged labor violations and harassment. Two former employees at BitTorrent, the peer-to-peer torrent client acquired by Tron in 2018, have sued Tron founder and CEO Justin Sun for alleged labor violations and harassment.Unsealed…
January 27, 2020 What Impact Would a Ripple IPO Have on XRP Price? Plans for going public have excited audiences but fears are already emerging about the possible detrimental effect on XRP in the long term. Blockchain payment network Ripple launching an initial public offering (IPO) could, in fact, devalue the cryptocurrency in which it holds a majority stake. According…
January 26, 2020 Financial Institutions Use Stablecoins to Shake Things Up in 2020 There is more talk about stablecoins in the crypto universe and big-time financial institutions, govs and startups are launching their own digital assets.…
January 26, 2020 One Wallet Owns 27% of Ether Behind MakerDAO’s Sai Stablecoin Of all the value locked in MakerDAO’s collateralized debt positions backing the old DAI decentralized stablecoin, 27% belongs to a single Ethereum address. Of all the Ether (ETH) locked in the collateralized debt positions (CDPs) of the old MakerDAO system, 27% belongs to a single Ethereum address.…
January 26, 2020 User Retention: The Holy Grail for DApps Moving Beyond Buzzword Status Decentralized apps saw greater transaction volumes in 2019 but low user retention, and difficult to use apps still stall mainstream adoption push. Decentralized apps (DApp) continue to be a major focus point for developers in the crypto space.…
January 25, 2020 Tax Agencies Step Up Efforts to Hone in on Crypto Tax Evasion The U.K.’s tax agency is stepping up its blockchain analytics operations. If other countries follow, will it spell the end for anonymity in crypto? The year 2019, for a short while, raised expectations that stablecoins would bring about mass adoption of cryptocurrencies.…
January 25, 2020 Litecoin Creator Proposes Miners Voluntarily Donate 1% for Development Litecoin creator Charlie Lee recently posited the concept of LTC miner pool donations to help boost funding. Litecoin (LTC) founder Charlie Lee proposed mining pool donations as a new funding method for cryptocurrency development. “I…
January 24, 2020 Is Tron’s DApp Market Dependent on Gambling? Tron’s protocol predominantly runs gambling DApps, showing a possible lack of interest in other network use cases at present. Tron has made a name for itself in the crypto asset space and DApp world, although a huge portion of the protocol’s transactions rely on the gambling industry.A…
January 24, 2020 Major Bitcoin Cash Pools Force 12.5% Mining Tax on Community Leading Bitcoin Cash personalities and companies are forcing the community to introduce a tax on block rewards to fund development, amid strong criticism. Leading Bitcoin Cash (BCH) personalities, including Bitmain CEO Jihan Wu and Bitcoin.com…
January 24, 2020 Price Analysis Jan 24: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XLM, ADA The bulls have held the immediate support level on most major cryptocurrencies, which is a positive sign.…
