Opinion

The world seems ready for widespread BTC adoption after it approached levels not seen since after the burst of the crypto market bubble in 2018. As per a Bloomberg report published on Oct. 27, the flagship crypto climbed by over 3.7% to hit $13,497, nearly matching the $13,851 high set on Jun. 26, 2019. [caption id="attachment_19100" align="aligncenter" width="1722"] BTC price Approaches June 2019 High | Source Bloomberg[/caption]   If BTCUSD manages to surpass this 2019 high, it will have registered…

Singapore's largest banking company, DBS, recently launched a leading cryptocurrency trading service, DBS Digital Exchange, in a soft-launch. The trading platform will allow users to trade four crypto assets - Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), and XRP - against the Singapore dollar (SGD) and the Hong Kong dollar (HKD), Japanese yen (JPY), and US dollar (USD). DBS Bank's most dominating shareholder is Temasek Holdings, Singapore's second-largest sovereign wealth fund, owning 29% of DBS shares. A Different Approach from…

In a recent announcement, Pundi X has partnered with leading blockchain intelligence solution Merkle Science.  According to the report, Pundi X will integrate Merkle Science solutions to track cryptocurrencies' illicit use. Merkle Science offers transaction monitoring solutions that track and validates individual transactions made on the blockchain. Pundi X intends to enable tracking of funds from the source and flagging potentially illicit accounts. Thus ensuring that only legitimate transactions are performed on its blockchain network. Pundi X is an established…

In unfortunate news, personal sensitive data of almost 40,000 patients was hacked from a private psychotherapy clinic in Finland. The data might include therapist notes of patients, some of whom are said to be minors. The attacker has started sending out emails to the victim, asking each for Bitcoins worth 200 euro in ransom. As per a Twitter thread, the attacker is apparently using a Tor site and has already leaked 300 patients' data. The data dump of 300 patients…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $394 billion. Bitcoin registers a new 2020 ATH at 13,217. Ethereum increases by more than 13% to climb above $400. XRP is up by 4.45% to trade above $0.25 again. PayPal announced that it would allow its customers to buy, sell, and store cryptocurrencies. OKEx customers still cannot make withdrawals. Crypto Trends 19th-25th of…

We've just come to know about a very sophisticated phishing attack targeting Ledger users. According to Twitter and Reddit users, a new scam email is going around with the address "info@ledgersupport.io." The phishing attack is specifically targeting Ledger users using their name. Meaning the malicious actors behind this attack already have users' names on their record and email address. We've got a copy of this scam email, and here's how it looks like: Dear 'name', We are sorry to inform…

In a recent podcast with Joe Rogan, Kanye West speaks about crypto and Bitcoin. The famous American rapper says Bitcoin is the true liberation of humanity and America. Apart from being a rapper, running a clothing brand, Kanye is also running for Presidential Election 2020. https://twitter.com/BitcoinMagazine/status/1320077101257601025?s=20 In the podcast, Kanye calls Bitcoin a new frontier of our existence and how the "tech guys" are using new information highways to make it possible. He speaks highly of tech innovations and entrepreneurship…

The war between Cardano and Wikipedia just got really interesting. In a video statement on Twitter, Charles Hoskinson, the man behind Cardano, has called out Jimmy Wales (Founder of Wikipedia) for censorship. Charles Hoskinson is the CEO of IOHK, the technology company behind Cardano blockchain. The tussle between Wikipedia and Cardano has been going on for a long time as the latter still doesn't have a page on Wikipedia. https://twitter.com/iohk_charles/status/1319480871456419840?s=21 In his latest video statement, Charles questions the credibility of…

San Francisco-based financial technology company Ripple is considering moving its headquarters from the United States to a crypto-friendly region, like London, CEO Brad Garlinghouse told CNBC today.  For one thing, Ripple has been facing legal battles from some investors who alleged that XRP is an illegally issued security.  With the Securities and Exchange Commission (SEC) failing to clarify the matter, Garlinghouse and his team believe leaving the country could be the next best move for the $10 billion company.  Regulation…