Ethereum’s Vitalik Buterin revealed his thoughts on solving the problem of crypto-wallet security. Undoubtedly, the crypto economy is in need of better security for wallets. Many exchanges now keep a lower percentage of funds in less secure hot wallets, the Chainalysis team found. To date, wallet security exploits have resulted in losses amounting to millionsContinue reading “Ethereum’s Vitalik Buterin calls for adoption of social recovery wallets to fight crypto theft”

Longhash revealed that Bitcoin price predictions for “the end of 2020” were more accurate than where crypto influencers said the asset’s price would be at the beginning of 2020. The new study was based on media reports, which included predictions from 17 prominent figures from the crypto economy. These people specifically predicted prices at theContinue reading “Why only some people got 2020 Bitcoin price predictions ‘almost’ right”

Global Chief Investment Officer of financial services company Guggenheim Partners, Scott Minerd, stated that amid Bitcoin’s parabolic rise that saw new ATHs of over $40k, the asset was “unsustainable in the near term.” He claimed that the digital asset’s price was “vulnerable to a setback”. He added: “The target technical upside of $35,000 has beenContinue reading “Will this investor take ‘money off the table’, after this bitcoin dip?”

UK regulator, Financial Conduct Authority (FCA) advised investors to be aware of certain, unnamed firms that offer investments in crypto assets that “promise high returns.” According to FCA, investing in cryptocurrencies, or “investments and lending” connected to the assets “involves taking very high risks with investors’ money.” On 11 January, the regulator stated: If consumersContinue reading “UK FCA warns investors against crypto-related investment risks and scams”

In what would be a crypto-dream come true, a student claimed to have found decade-old private keys to a crypto account that held 127 Bitcoins; he is now a millionaire. On 22 December 2020, the holder apparently stumbled upon the keys in question on an old computer and apparently sold all 127 Bitcoin. The studentContinue reading “Student turns millionaire after finding private keys to 127 Bitcoins”

Warp Finance was in the news last month after it took to Twitter to expand on a “complex flash loan attack” it was a victim of. In the said incident, bad actors managed to borrow more than the collateral value, while also resulting in the loss of $7.7 million worth of stablecoins from the protocol. Continue reading “Warp Finance to use Chainlink price feeds to resist flash loan attacks”

The price of XRP, one of the world’s largest altcoins, has been rather volatile over the last couple of months. While for a brief time in late November 2020 hodlers did expect XRP’s prices to surge, all hope was lost after the Securities Exchange Commission sued Ripple for an illegal securities offering. Not only didContinue reading “‘SEC can do better,’ says Commissioner Peirce weeks after Ripple lawsuit”

Bitcoin’s market cap, briefly, went past Tesla’s, as the cryptocurrency’s price surged to a new ATH of $41,940. Despite BTC falling at press time owing to a wave of corrections, bullish sentiments claim Bitcoin will be heading towards higher figures amid the U.S dollar’s weakness and growing institutional demand. While some metrics anticipate a comingContinue reading “Key metric suggests Bitcoin is about to cross a vital threshold”

With Bitcoin touching new ATHs every other day, many have an opinion about how high the world’s largest cryptocurrency might go. Morgan Creek Digital’s Anthony Pompliano is one of them, with the exec recently sharing some thoughts on where Bitcoin will be heading, especially in comparison with other assets. In an interview with CNBC FastMoney,Continue reading “Bitcoin to hit $1M, says Pompliano as Schiff doubles down on ‘bubble’ talk”

Galaxy Digital founder and CEO, Mike Novogratz cautioned investors because he believed that Bitcoin prices are currently correlated to risk assets, at least in the short run. He sees the digital asset’s prices falling instead of increasing if S&P stocks go down. In a recent interview at CNBC’s Squawk Box, the billionaire executive predicted: IfContinue reading “Why millennials and Gen Z are ‘intuitively’ buying Bitcoin”

Leading crypto exchange Coinbase has acquired trade execution infrastructure provider Routefire according to a tweet published on 7 January, which stated: The announcement came not long after Routefire revealed that the startup’s team would now be joining Coinbase. The Routefire team To our community: It is with deep gratitude that today we are announcing weContinue reading “Coinbase acquires Routefire to improve trading services”

Erik Voorhees, who founded ShapeShift believes that it will take less than six months for the cryptocurrency market capitalization to reach $2 trillion. Voorhees, a Bitcoin maximalist took to Twitter on 7 January and said:  Crypto Market Cap: $1 Trillion Took ten years. It will take less than six months to get to $2 Trillion.https://t.co/X4HCHcbEKsContinue reading “Bitcoin effect? How soon can we expect crypto market cap to double”