Could Binance, Bittrex be facilitating new XRP ODL corridors? Crypto Twitter speculates

Ripple’s On-Demand Liquidity [ODL] platform has been noting a barrage of transactions, especially with the popular MXN corridor. According to the ODL data provider on Twitter, H_M_X, out of the total $108 million ODL flow in the fourth quarter, the MXN corridor was responsible for $100 million in transactions. Owing to the success of this corridor,… Continue reading Could Binance, Bittrex be facilitating new XRP ODL corridors? Crypto Twitter speculates

Bitcoin heists and bogus lawsuit claims put investors at risks

2019 shed light on the lack of security engulfing several crypto exchanges. Over 10 exchanges were reportedly hacked, reporting a loss of $170 million, according to Bobby Ong, co-founder of Coingecko. These incidents shook the community, and many looked toward the Proof-of-Keys [PoK] movement led by prominent YouTuber and Bitcoin enthusiast, Trace Mayer. Mayer has been persuading investors to… Continue reading Bitcoin heists and bogus lawsuit claims put investors at risks

Venezuelan govt to airdrop 0.50 Petro to citizens

Venezuelan government has been working on a state cryptocurrency named Petro which is supposedly tied to the price of the oil. In the latest development, eligible Venezuelan citizens will receive 0.50 Petro token from the government. President Nicolás Maduro announced that whoever wished to receive the giveaway amount, which is equivalent to $30, must register on the platform… Continue reading Venezuelan govt to airdrop 0.50 Petro to citizens

Litecoin’s active address chart shows signs of dusting attack

Unlike privacy coins, cryptocurrencies like Litecoin do not have inbuilt privacy features. MimbleWimble via extension blocks is yet to be implemented. In the absence of new cryptographic obfuscation methods, the network becomes vulnerable to malicious activities such as dusting, where hackers and scammers try to break the privacy of cryptocurrency users by sending tiny amounts of coins to… Continue reading Litecoin’s active address chart shows signs of dusting attack

Mysterious case of Quadriga: Trace Mayer urges for Cotten’s proof for body and keys

Trace Mayer, a YouTuber, and host of Bitcoin Knowledge podcast spoke with Peter McCormack on What Bitcoin Did and addressed the upcoming Proof-of-Keys [PoK] and other important aspects related to Bitcoin and the ecosystem. Mayer, the person behind the Proof-of-Keys movement, spoke about the last event and how it helped spread awareness and take back control of people’s funds. Since the… Continue reading Mysterious case of Quadriga: Trace Mayer urges for Cotten’s proof for body and keys

Cryptocurrency exchanges lost nearly $170 million in 2019 and they’re still vulnerable

There are few images as gripping as that of Kolin Burges holding up the placard reading “Mt. Gox, Where Is Our Money,” in the midst of the collapse of the largest Bitcoin exchange in the world. This image of the beanie-headed Londoner on the streets of Tokyo defined the state of cryptocurrency exchanges for much… Continue reading Cryptocurrency exchanges lost nearly $170 million in 2019 and they’re still vulnerable

Crypto-confusion reigns across the world; not just in the U.S

From the lens of the mainstream financial world, the regulatory centre of the digital currency market is the US Securities and Exchange Commission [SEC]. Well, cryptocurrencies do not play to the same tune as the rest, especially in terms of… Read more ›

Monero, Dash exhibit strong correlation with Bitcoin: Report

Despite the tremendous success Bitcoin has racked up over a decade of existence, the world’s oldest cryptocurrency has been plagued with privacy issues. This apparent “weakness” of Bitcoin gave rise to the need for privacy-focused coins. And even as these… Read more ›