Arthur Hayes Promises One of the Most Jaw-Dropping Knockouts in Showdown with Bitcoin Basher Roubini

BitMex CEO Arthur Hayes and infamous Bitcoin hater professor Nouriel Roubini are all set for their crunch showdown at the 2019 Asian Blockchain Summit in Taiwan, from next month in what will be one of the biggest debates in Bitcoin’s history. And Hayes is confident he will win the fight. The event will be held in Taipei – the capital of Taiwan – and will stretch for two days beginning June 2nd. According to various reports, the conference is expected Read more …

Bitcoin Price Analysis: Tether Market Stalls, is BTC Next?

Tether’s parabolic rise has started to show signs of weakness, after $80 million disappeared from the USDT market over the weekend. Is this an early indication that Bitcoin could be next? Let’s take a look. USDT Market Capital v Bitcoin Price It’s a well-known fact now that Tether’s circulating supply has a direct, albeit delayed, impact on Bitcoin price 00. Its inflation back in 2017 is still widely believed to be the root cause of the crypto boom that sparked Read more …

Israeli Crypto Scamming Bros Arrested for 2016 Bitfinex Hack

Two Israeli brothers have been arrested in connection with a cryptocurrency scam involving “tens of millions” of dollars. Jerusalem-based Eli and Assaf Gigi were involved in a scheme were they accessed traders’ wallets and took the coins for themselves, Finance Magnates reports. The brothers are also reportedly suspected by investigators of links to the 2016 Bitfinex exchange hack. The incident led to the loss of around $65 million in bitcoin in 2016. A police spokesperson refused to further discuss the Read more …

Mozilla Closes Holes That Led to Coinbase Hacks

A pair of simple Mozilla vulnerabilities made it easier for hackers to phish Coinbase employees. The exploit, detailed by ZDNet, was a remote code execution attack that could force machines running Firefox to install spyware to capture passwords and other data. The two vulnerabilities – CVE-2019-11708 and CVE-2019-11707 – first appeared in April 15 and hackers used them to spear-phish Coinbase employees. When they visited sites linked in the email the browser would download a piece of spyware to steal Read more …

Binance Move into the U.S Market Could Extend Dominance

Competition within the cryptocurrency exchange sector is heating up following the onset of bullish market conditions. Right now, the blockchain-centric industry is aflutter with news of new territorial buildouts. Bitcoin, the prime digital currency, has seen its value rise by over 50 percent in the past three months and market analysts are now predicting a breakout above $10,000 in coming weeks. Facebook’s Libra coin has also been announced and the news has revitalized the industry. This turn of events is Read more …

Binance Executes First Margin Trading Liquidation

Today, Binance has executed its first margin trading liquidation as it continues to test its new feature. Its CEO Changpeng Zhao (CZ) has posted on social media June 24 that the test pilot executed its first liquidation on Bitcoin $10857 with a 3 -0.07% short position. Bitcoin is still fluctuating as of Monday, finally breaking the $10,000 mark, trading on some exchanges at around $11,300 before correcting downwards to $10,900. When it comes to margin trading, high fluctuations can bring Read more …

Does Tokenization Equal Liquidity? Tackling a Commonly Used Dichotomy

The following is a guest post by Tiana Laurence, EVP at ABE Global & Author of Blockchain For Dummies In the investment community, are tokens seen as a magical solution to liquidity? Let’s consider that thought. ICO tokens secured on a blockchain represented the new frontier, one where software cut out pesky middlemen and restrictive governments. You could own a piece of the future and get extremely wealthy without the need for physical assets. Because of their open access, it was easy to think Read more …

Malta To Register All Rent Contracts on Blockchain

Joseph Muscat, the Prime Minister of Malta, announced on Sunday that every rental contract in Malta would be registered on the blockchain. The announcement came during an interview on Radio One. The prime minister said the reformed rental laws were approved by the cabinet after a long consultation period. This initiative ensures security, prevents record tampering, and ensures only authorized persons can access the records, said Muscat. Additionally, the distributed ledger prevents the possibility of there being contracts in place Read more …

Bitcoin SV Soars To All-Time-Highs, But Is This Down To Manipulation By Whales?

News has emerged that the overwhelming majority of Bitcoin SV volume comes from just 100 transactions. In comparison, the equivalent figure for Bitcoin is less than 10%. As such, this raises doubts over the legitimacy of the BSV network and its standing as a top 10 coin. 86.4% of all Bitcoin SV volume yesterday came from 100 transactions. The BSV network is a total ghost town. Despite that, network value is now $4.5 billion, up 300% in the last 45 Read more …

Cardano (ADA) Developers Unveils Staking Testnet for Upcoming Shelley Upgrade

Based on a recent report, the developers behind the Cardano (ADA) project has unveiled a testnet which will allow users of the network commence testing the process that makes it possible for them to stake the virtual currency in the long-awaited Shelley upgrade. A Proof-of-stake (PoS) Based System This new development is in line with Cardano’s move to launch it an upcoming upgrade. This new upgrade is expected to eliminate miners of digital currency and finally which the network to Read more …

Russia May Allow Crypto Trading in Upcoming Legislation: Official

As Russia’s cryptocurrency bill slowly inches forward, a government official has hinted at what may lie ahead when the legislation is finally passed. According to a report from local news source Interfax.ru, Deputy Finance Minister Alexei Moiseyev told journalists on Friday that among the options currently being discussed is to allow the buying and selling of cryptocurrencies. Crypto payments are not on the table, however. Worryingly for the country’s crypto community, the bill could still see cryptocurrency use banned outright. Moiseyev Read more …

Overvalued Bitcoin Price Won’t Score $40,000 in 2019: Chart Indicator

Popular cryptocurrency figure Trace Mayer believes that Bitcoin’s recent price gains may have peaked, at least in the medium term. Using his self-created Mayer Multiple, the Bitcoin maximalist this morning tweeted that there was very little chance of Bitcoin hitting $40k in the next couple of months. Bitcoin momentum could slow in the days ahead. Source: Twitter. The Mayer Multiple retrospectively tracks the boom and bust cycles of Bitcoin to give some indication of fair value. Consider it the speed Read more …