Ontario Securities Commission Started Investigating QuadrigaCX The British Columbia Securities Commission (BSCS) announced last week that it is not going to investigate the case of QuadrigaCX. Their reasoning was that cryptocurrencies do not (yet) fall into the category of securities. Under this condition, however, none of Canada’s financial watchdogs would be responsible for the case. […]
New CEO for Bitmain as Jihan Wu Resigns Jihan Wu has recently resigned as the CEO of Bitmain. The biggest crypto mining hardware producer had to layoff a third of its staff, close research facilities in Israel and supposedly has a negative balance sheet for the last two quarters of last year. In addition to […]
Bitcoin Transaction Fees at 2 Year Low Transaction fees on the Bitoin network are as low as they have been in late 2016. Around that time Bitcoin was worth less than $1000. A rally that continued until around 1 year later during which transaction fees rose to the infamous price of more than $50 per […]
Cryptocurrency credit firms are registering booming business following an increase in demand for their services. Despite the Bear cycle, the lenders to Cryptocurrency investors have been able to benefit from institutional and retail investors demand. In the first case, institutions are becoming increasingly interested in Digital assets for short selling and other purposes. In the […]
Coinbase Intends to Incentivize Learning About Crypto With Tokens Coinbase will launch a platform where users can learn about cryptocurrencies. The exchange will incentivize it by letting users earn 0x tokens with it. The platform with the name Coinbase Earn will only be accessible with an invite link. However, users can subscribe to a waiting […]
Litecoin’s native Cryptocurrency, LTC, has overtaken the native Token for Bitcoin Cash ABC, BCH, to become the world’s 7th Largest Cryptocurrency. The main factor for the edging out of BCH is due to a huge gain of 11% that was recorded in the 24 hours of December 16th. Coincidentally, this comes following a hard fork […]
Huobi Created Communist Committee Huobi has created a Communist Committee within its company. This move is mandatory for state-owned enterprises. However, other major companies like Tencent and Alibaba have taken similar steps before. China positively regulates the use and application of blockchains but it forbade the trade of cryptocurrencies earlier this year. Huobi reacted by […]
Lack of momentum, deeply oversold conditions, and the independence of Bitcoin Cash (BTC) from Bitcoin are some of the reasons that some experts believe that the bear run is falsified. Simply putting it, the notion is that the bear cycle is just a temporary situation that enables investors to buy more Cryptocurrencies ahead of a […]
For the first time since the beginning of the correction in the crypto markets since December 2017 the chart of Bitcoin has broken the major support level at around $6000. As of writing this, the price sits at $5730. Though, it is not clear if the price of Bitcoin hit the bottom yet. The breakdown […]
Activist Stores Anti-Government Song on Zcoin Blockchain An anonymous user has stored the IPFS link of an anti-government rap song of several Thai rappers. The artists accuse the Thai state of corruption, anti-democratic practices, oppression, robbery and violence. Several of the rappers have to answer before the court for the song. Currently, officials still discuss […]
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