Today's Hot Topics

Coinbase Starts Trending on App Store - Mainstream Interest Growing

Following the surge in price over the past few weeks, interest in crypto and Bitcoin has undoubtedly risen. If you want to see some proof of this then look no further than the iOS App Store, which shows users what’s trending when they go on to the search tab of the app. The reason we’re mentioning this is because today saw Coinbase on trending for apps downloaded which is a great sign for future adoption. Now granted, these things have a tendency to change all the time but the fact that Coinbase was on trending alongside HBO, YouTube and Fortnite...

Read More

Security Matters: Failures Of Top Crypto Exchanges

Since the very inception of cryptocurrency, the online platform of exchanges has been something akin to a battleground. There goes on about a million transactions per day, and each one in itself holds a certain risk factor. No exchange present till date can be labeled entirely immune to the notorious hackers and malware targeting their crypto funds. To actually assess how much loss one can suffer if an exchange falls victim to hackers or malware, let us look into some notable cases of exchange hackings. These biggest mistakes made by others taught us powerful lessons and helped us develop our...

Read More

NZ Exchange Calls in Liquidators

You may have heard of the New Zealand exchange Cryptopia over the past few months which was hacked earlier in the year. Well now, under a new law in the country, a liquidator will take control of all the firm’s unsecured assets, which are then sold to repay its creditors. Liquidation offers the company protection from unsecured creditors as they aren’t able to take legal action against a company in liquidation or deal with its property unless they are given permission from the Court of the Liquidator. On its homepage, Cryptopia says: “David Ruscoe and Russell Moore from Grant Thornton...

Read More

Bitfinex Raise $1 Billion Because of Institutional ‘Trust’

The Chief Technology Officer of Bitfinex Paolo Ardoino went to Twitter to announce that the exchange was able to raise the $1 billion in Tether tokens, within such a short period of time due to the ‘trust’ that big investors know Bitfinex for. Yesterday, 13th May, Ardoino tweeted: . @bitfinex is able to raise 1b USDt in 10 days, in a private sale. Private companies, giants in our industry and outside, made investments for > 100m each. A legion of inside and outside users made investments for > 1m each. — Paolo Ardoino (@paoloardoino) May 13, 2019 In answering his...

Read More

Did Bakkt Push BTC Above $8k?

I woke up today thinking that Bitcoin would have been priced around $7,500ish but no. Instead, I woke up, went on CoinMarketCap and saw that Bitcoin had passed yet another key resistance level. We are well and truly in a bull market. Yes, Bitcoin has risen once again and this time it is floating in between the $8,050 - $8,100 zone. But what caused this sudden price jump? Bakkt There’s been a lot of controversy occurring throughout the crypto space these past few weeks. What with Tether not being fully back by US dollars and Bitfinex covering up their losses...

Read More