Bitcoin Fraud: Aggrieved Investors Torch House of Suspected Scammer

A South African bitcoin entrepreneur allegedly involved in orchestrating an elaborate bitcoin fraud scheme has lost his home to flames, thanks to angry investors. The incident took place after news broke out that hacker had gotten access to investors’ funds and the investors stormed the office to get their money back and the operator of […]

6
Like
Save
Flamin’ Hot: Binance Just Burned $24 Million Worth of BNB Coins

The leadership at Binance continues to strive toward bringing value to their users. This week, the Malta-based cryptocurrency exchange completed its eighth quarterly token burn, wherein nearly 809,000 BNB tokens were burned, that sum being worth approximately $24 million USD at the time of the burn. The company said this latest token burn was the […]

5
Like
Save
Trustless Trading: KyberSwap DEX Activates Non-Custodial Limit Orders

KyberSwap, the decentralized exchange backed by the Kyber Network, is angling to make its feature-rich DEX that much richer. On July 12th, Kyber’s builders announced the arrival of non-custodial limit orders on KyberSwap. The capability allows traders to set up trades to buy or sell a given cryptocurrency when a specific price is hit, all […]

7
Like
Save
Hacked: Bitpoint Exchange Loses $32 Million, Here’s What Went Down

Japanese cryptocurrency exchange Bitpoint has joined the long list of platforms that have lost millions to hackers. The exchange published a notice on its website, confirming “unauthorized outflow of virtual currency,” leading it to shut down operations pending the outcome of an internal investigation. It all started when Bitpoint customers noticed the exchange had stopped […]

9
Like
Save
President Trump Bashes Bitcoin and Cryptocurrency: They “Are Not Money”

The long-awaited Trump Bitcoin tweet has materialized, and it came in the form of a scathing, if not draconian, rebuke against the cryptoeconomy. On July 11th, President Trump tweeted out a late evening thread in which he lambasted cryptocurrencies, calling Bitcoin and its peers “highly volatile and based on thin air” and prone to facilitating […]

4
Like
Save
Bitcoin Price Analysis: BTC/USD Nosedives, Turns Sell On Rallies

Bitcoin price declined more than 12% in the past few hours and broke the $11,500 support. BTC to USD could correct higher, but it is likely to face sellers near $11,600 and $11,800. There was a strong decline in bitcoin price below the $12,000 and $11,500 support levels. BTC/USD is likely to face resistance near […]

8
Like
Save