Altcoins Take The Lead, BTC Stays At $30k

Altcoins have been moving higher in recent hours as Bitcoin (BTC) remains close to $33,000. Ethereum (ETH), Polkadot (DOT), Cardano (ADA) and Chainlink (LINK) became the largest gainers among the top 10. Meanwhile, Decentraland (MANA) registered the largest gain among the top 100 by growing as much as 36% in the last 24 hours.  Altcoins Outperform Bitcoin It seems to […]

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Japanese Police Arrest 30 People for Allegedly Having Exchanged Stolen Cryptos From the 2018 Coincheck Hack – Bitcoin News

Japanese police charged 30 people for their alleged involvement in illegal transactions linked to the well-known $530 million Coincheck hack in 2018. Tokyo authorities traced all individuals’ transactions to different places across the nation. Illicit Transactions Are Estimated to Have Totaled Over $96 Million Initially, Nikkei reported that the suspects were either arrested or their cases have been referred to […]

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MicroStrategy Buys The Dip – Adds Another $10M In Bitcoin

MicroStrategy Inc, a company that provides business intelligence, mobile software, and cloud-based services, has further enhanced its reputation as the biggest institutional Bitcoin bull in the world. CEO Michael Saylor just announced on Twitter that the company had added another $10 million in BTC to their portfolio. “MicroStrategy has purchased approximately 314 bitcoins for $10.0 million in cash in accordance […]

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Double spend, newspeak, and the case for magic numbers

Magic is dead. Not just the prestidigitation of a talented illusionist, but also the worship of the trees, the breeze, or the mythos of one’s own creator. Miracles and magic have been replaced with banal technology and pop science, while the assumption of an intelligent creator has been replaced with the boredom of chance.  From the halls of education to […]

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Huobi Futures Reveals $2.3 Trillion Trading Volumes in 2020

Huobi Futures, the crypto derivatives market of Huobi Group, today said a total of more than $2.3 trillion has been traded on the platform in 2020. Trading volumes peaked in the fourth quarter this year, with an average daily trading volume reaching $12.3 billion, according to information revealed by the company. This figure was up by 402% when weighed against less […]

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Harvard crypto skeptic calls Bitcoin a ‘hedge against dystopia’

Often touted as a store of value or hedge asset, Bitcoin (BTC) has gained significant mainstream adoption over the past several months. Kenneth Rogoff, a public policy and economics professor at Harvard University, doubts the asset’s success, however.  “I can see Bitcoin being used in failed states,” Rogoff said in a Bloomberg interview on Thursday, adding: “It’s conceivable, you know, […]

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Upbit Thailand Launches as Bitkub Facing Troubles

Cryptocurrency exchange, Upbit has launched its services in Thailand on Wednesday, taking advantage of the technical troubles faced by the existing local market leader. The South Korea-headquartered exchange already obtained the necessary licenses from the Thai Securities and Exchange Commission (SEC) last year to legally operate in the Southeast Asian country. For its operation in the Thai market, Upbit has […]

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What Is DeFi (Decentralized Finance)?

You might be wondering “What is DeFi?” and this is a fair question. The DeFi market has been expanding in recent years and it has been providing a wide range of opportunities to investors. Thus, the abovementioned question is definitely a very good one.  The main goal of this post is to answer all the questions related to what is […]

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