Opinion

On July 16, 2020, Zeus Capital, a firm that focuses on fund management and independent research, published a paper full of allegations about Chainlink's credentials and infrastructure.  The report titled "The Chainlink Fraud Exposed", describes the token, which is currently in the top 10 by market capitalization, as "the Wirecard of cryptocurrencies". Zeus Capital analyzes all aspects of the LINK project and accuses Chainlink of market manipulation through the classic pump and dump schemes.  Essentially, these are makeshift transactions aimed…

On July 15, 2020, a massive hack described as "a coordinated social engineering attack" by Twitter targeted multiple high-profile users, including Tesla's Elon Musk, investor Warren Buffet, Amazon's Jeff Bezos and many others. The attack prompted Twitter CEO Jack Dorsey to say that it was a tough day for the social media platform. https://twitter.com/jack/status/1283594553618911232?s=19 The hack which targeted crypto users suggests that scammers managed to either find a severe security loophole in Twitter's login recovery process or that they somehow…

On July 15th, Ripple, Gemini, Coinbase, Binance, Coindesk, Coingelegraph, Justin Sun and several more twitter accounts were hacked. The perp(s) who are yet to be identified, are posting tweets on these accounts saying that they have “partnered with CryptoForHealth” and are planning to “give back to the community”.  It doesn't end there, just a few minutes back, it seems Jeff Bezos, Kanye West, Elon’s and Bill Gates’ accounts have also been compromised. The one posted on Elon’s asked for Bitcoin…

Bitrue is one of the most talked about trading platforms in 2020, and they’re fast approaching 2 years in the industry. To mark the occasion they released a new White Paper 2.0 that looks back at everything they’ve achieved in this time, and some of the stats inside are seriously impressive. 1.5 million registered users, 532,000 active traders and 300 million dollars in daily trading volume is nothing to sniff at. We’ve pulled out five important facts that show why…

Blockchain adoption into different sectors within the global community has been booming over the years. Safe to say, blockchain technology provides decentralized, secure, straightforward, low costing, and fast operations wherever people employ its use. However, its adoption by the regular masses is still on a low.  A significant issue leading to this is the lack of ways to communicate between blockchains. As a result, the talk on blockchain interoperability is spiking as the ultimate solution for its evolution and mass…

Since its debut in 2008, Bitcoin has been increasingly grown in popularity and demand across the globe. It provides an excellent investment alternative compared to centralized currencies, which has led to the digital currency gaining many followers. The digital coin is suitable for businesses worldwide without conversion, providing a fast and efficient transaction mode. Furthermore, buying and selling bitcoin is possible, while earning is also an option. The most common way to earn bitcoin is through its mining. Bitcoin ATMs…

2008 saw bitcoin's launch, following a whitepaper on its technology by an anonymous user called Satoshi Nakamoto. Bitcoin became the world's first cryptocurrency, and since then, there has been a rise of more than 10 thousand other alternative coins. Research shows that the user adoption of crypto in the US has risen to 5%, with bitcoin having a good share.  The introduction of Bitcoin technology caused upheaval across global financial systems. Many jurisdictions didn't understand how the new technology worked…

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 $273 billion. Bitcoin continues to wobble between $9,000 and $9,500 with just a small 1% increase. Ethereum increases by more than 5% to reach $240 XRP steals the spotlight with an 11% increase as it climbs over $0.20 Dogecoin increases by 95% after Tik Tok users pump up the joke crypto. Crypto Trends 06th…

The Innovation Uprise Since the start of 2020, some major moves in the cryptocurrency space have highlighted its stride to maturity. Bitcoin seems to be stabilizing. Ethereum seems to be improving by the day. Several countries have initiated cryptocurrency regulation, increasing interest due to people staying at home during the pandemic. The race to the top is on-going 24/7 because the crypto market never sleeps. The competition is cut-throat, and new alternatives keep popping up every other day. That’s why…