Business

Iota Network Relaunched Following Trinity Wallet Theft

[ad_1] After almost a month following a massive hack, the Iota Foundation has brought their network back online.The Iota network was relaunched on Tuesday following the Feb. 12 attack on the platform’s Trinity Wallet software. Although the network was shut down that same day to prevent further security breaches, 8.55 million MIOTA — approximately $2 million — was stolen from 50 users of the digital asset wallet.In a March 10
Business

What Is a ‘Circuit Breaker’ and Why Do Exchanges Need Them?

[ad_1] Traditional exchanges have been using “circuit breakers” to curb panic selling, and it might be time for crypto exchanges to follow suit.Yesterday, March 9, trading on the New York Stock Exchange was suspended for 15 minutes. This was due to the S&P 500 Index shedding more than 7% in the morning trading hours. A circuit breaker is a mechanism that suspends trading for a period of time based on
BLOCKCHAIN

When Will Bitcoin Join the DeFi Revolution?

[ad_1] As of early February, more than $1 billion U.S. dollars of assets reside in decentralized finance protocols, commonly called DeFi protocols. DeFi protocols and platforms offer crypto holders sophisticated financial tools that were unavailable to them just a year or two prior, but the rapid evolution and speedy adoption of DeFi has left some observers wondering about the ecosystem’s future.Skeptics and supporters alike want to know when Bitcoin (BTC)
EXCHANGES

Blockchain.com Will Allow Retail Wallet Users to Borrow USD Stablecoins With Cryptocurrency

[ad_1] The digital assets lending field seems to be heating up with Blockchain.com starting to offer lending directly to retail consumers globally. Borrowed USD stablecoins can be used by crypto traders to fund their next trades and thus increase the leverage of their holdings. Also Read: Blockchain.com Launches High Speed Crypto Exchange for Retail Traders Popular Wallet to Offer Crypto Lending for Global Retail Users Blockchain.com, the provider of cryptocurrency
BLOCKCHAIN

Crypto Scams Are The Second Riskiest in North America

[ad_1] A report published by the Better Business Bureau (BBB) says that cryptocurrency-related scams are continually growing, becoming the second most risky of 2019 among North Americans.According to research from trust-gauging organization published on March 2nd, scams averaged about $3,000 in losses for businesses and charities within Canada and the United States.The usual tactic, the study claims, is that of false promises of a "significant" return on investment in cryptocurrencies.With
EXCHANGES

Which Crypto is the Most Profitable to Mine in 2020?

[ad_1] Crypto mining is becoming exponentially competitive. It used to be that anyone with a PC could mine at a profit, but now you need expensive equipment to stand any chance. So what’s the most profitable crypto to mine in 2020?  Bitcoin is the most profitable if you have millions to invest Crypto mining profitability is highly nuanced, it depends on a wide range of variables such as hardware, electricity
Business

Huobi Releases New Mobile App for Crypto Trading

[ad_1] Huobi Group has officially announced the launch of its new mobile application, Huobi Lite. Per a March 10 announcement, the new app will allow anyone to trade major cryptocurrencies on Android and iOS without fees or commissions.Users will be able to trade cryptocurrencies with fiat currencies such as the United States Dollar, Vietnamese Dong, Malaysian Ringgit, Hong Kong Dollar and Chinese Yuan through multiple payment methods, including credit cards.Crypto
EXCHANGES

The 35 Most Influential Bitcoiners Dominating Crypto Twitter by Follower Count

[ad_1] Twitter has become home to cryptocurrency influencers who use it for evangelism, spreading news, shilling coins, and shaming certain projects. Of course, the more followers a crypto thought leader has on Twitter, the greater their reach and influence. The following is a look at the top crypto Twitter (CT) influencers in 2020 and the number of followers these people have obtained in order to remain a member of crypto’s
Business

Federal Reserve Injects $168B, Greater Than Entire BTC Market Cap

[ad_1] After several days of plunging markets, the U.S. Federal Reserve added $168 billion into the economy — a total higher than all money currently invested in Bitcoin.“Separate auctions Tuesday in the short-term lending market, or repo, saw a two-week offering massively oversubscribed, with $93 billion offered for a $45 billion operation,” according to a March 10 CNBC news brief: “An overnight offering saw the New York Fed’s trading desk
Business

Bitcoin’s Plunge Due to Traditional Markets Falling or PlusToken Dumping?

[ad_1] Some authorities think current traditional market instability lies behind Bitcoin’s (BTC) recent plunge, while others feel the alleged PlusToken scam is the cause. Bill Herrmann, CEO of alternative investment banking firm Wilshire Phoenix, believes Bitcoin’s recent bearishness is simply due to traditional market instability. “The recent drop in the price of bitcoin is a result of the sudden and fierce decline among most asset-classes over the last several weeks,” he