HitBTC is insolvent, claim customers facing trouble withdrawing funds for several weeks

In the midst of the Bitcoin [BTC] bull-run, with the industry on a collective high, another exchange debacle has surfaced. HitBTC, the Hong Kong-based cryptocurrency exchange is rumored to be insolvent, with customers facing several obstacles in withdrawing their funds. According to a series of tweets by CryptoMedication, from Zerononcense, cryptocurrency analytics and research firm, the exchange is “insolvent”. The […]

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30+ Languages, Five Continents, One Love for Crypto

In celebration of over 10 years of cryptocurrency history, Remitano has brought together more than 30 individuals from five continents to share a simple, one-liner of expressing their cryptocurrency of choice. The clips were sourced and put together in a special video that Remitano feels encompasses the spirit of blockchain – borderless and transparent. It has been a decade since […]

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What is a Block Header in Bitcoin?

Bitcoin, the world that’s been on everyone’s lips the past couple of years since cryptocurrencies have reached a record-breaking adoption level. It’s the world’s most valuable and most important cryptocurrency, a marvelous invention of the human mind, and it offers us all a way to be in control of our money without letting third-parties have access to it. The reason […]

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Report: Discrepancy in Ripple’s Escrow Disclosures | BTCMANAGER

Deviations in Ripple’s escrow disclosure have arisen in a report by Coin Metrics on May 16, 2019. This information came to light less than a month after Ripple released its Q1 disclosure report. On-Chain Analysis Coin Metrics, a data and analytics provider, has found discrepancies in the escrow released on a monthly basis from the Ripple supply pool. The Q4 2018 and […]

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An Uncertain Future of Mining or What to Do with Tons of…

If something goes wrong with cryptocurrency mining, all the hardware bought by miners can be used to train artificial intelligence. “Mining payback will reduce significantly within a year, however it will be possible to restructure the equipment for a different function – cloud computing, including artificial intelligence development”, – says Boosteroid CEO Ivan Schvaichenko. Boosteroid is a cloud services platform […]

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European Central Bank: Crypto Does Not Have Tangible Impact on Real Economy

The European Central Bank (ECB) stated that cryptocurrencies do not have implications on monetary policy or factor into the real economy in a May report. In the report dubbed “Crypto-Assets: Implications for financial stability, monetary policy, and payments and market infrastructures,” ECB looks into the potential impact of digital currencies on economic developments and monetary policy. The bank specifically states […]

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The Gold vs Bitcoin Debate: Winklevoss Get On-Board

Making the comparison of bitcoin and gold is one that is thrown about a lot fo nowadays. It’s one that was inspired by grayscale Investments with an advert that made waves across crypto twitter and the rest of the social media outlets. Grayscale offers a Bitcoin Trust among multiple other digital asset trusts. The advert definitely garnered some attention and […]

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Earn Cash on Today’s Flash Crash?

More than fifteen hours ago as I was authoring today’s market commentary, the cryptocurrency market started to plummet as the US dollar gained monster ground across the board in a matter of minutes. I quickly realised I needed to update my levels, both in my commentary and my own real-world risk management. My technically-savvy colleague, Jefe Caan, today referred to […]

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Coinbase-Xapo FUD: Top Coinshares official clears ongoing allegations

The news of Coinbase planning to acquire Xapo, a Bitcoin wallet and cold storage provider had stirred up the cryptocurrency market, with many speculating that the Brian Armstrong-led company was trying to acquire other assets without increasing their prices. In a way to dissipate the FUD surrounding the planned acquisition, Meltem Demirors, the Chief Strategy Officer of Coinshares shared a […]

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