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When Will the DeFi Boom Reflect in Ethereum Prices?

Crypto markets have been bullish for the past couple of days but Ethereum is still not getting the momentum it needs. This begs the question as to why ETH is still flat when DeFi is booming. Since the weekend over $20 billion has flooded back into crypto markets raising total capitalization to $250 billion once…

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Is BTC Trading like Stocks or Gold?

Bitcoin markets have reacted with increased volatility to the news of the spreading coronavirus in China. The last few days may reveal patterns about BTC trading in relation to risk. Bitcoin Shows New Trading Patterns on Risk Events Bitcoin (BTC) showed behavior that may reveal new patterns of trading in relation to stocks. The coronavirus…

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This Country is Now Open to Global Crypto Exchanges Expanding Locally

With Singapore’s Payment Services Act coming into effect, crypto exchange platforms can now apply for operating licenses in the country. Crypto Exchange Platforms Now Legalized in Singapore Back in September 2019, Singapore’s parliament passed the Payment Services, Bill, into law, creating the Payment Services Act with the new law coming into effect on Tuesday (January…

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LocalBitcoins Shuts Down Accounts in Problematic Countries

LocalBitcoins, one of the oldest cryptocurrency exchanges out there, has reportedly begun to suspend accounts of long-term users without prior notifications. Some Users Cannot Access Bitcoin Funds Forbes reported on Saturday that users across at least three regions, including Asia, Africa, and the Middle East, had noted their accounts to be “deactivated.” LocalBitcoins users in…

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New York Tries to Ban Paying Bitcoin Ransomware Attackers

New York state senators have drafted two bills this month that propose a ban on paying ransomware attackers with tax-payers money.  New York Refuses to Negotiate with Criminals In April of 2017, the National Security Agency (NSA) was hacked by an unidentified team of hackers who called themselves the Shadow Brokers. The Shadow Brokers were…

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Why is Bitcoin Usability Still So Bad a Decade Later?

New technology takes time to filter down to the masses but even after ten years, bitcoin still remains largely user-unfriendly for most. There could be a number of reasons why. Over ten years after it was conceived, bitcoin is still primarily used as a vehicle for speculation rather than a decentralized peer-to-peer currency as was…

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Tron CEO Gets Blasted For Kobe Bryant Post

Tron CEO, Justin Sun, has received a huge amount of public backlash on Twitter for seemingly plugging his 2020 crypto event in a tweet dedicated to Kobe Bryant. Death of Basketball Legend Following the tragic death of US basketball legend Kobe Bryant and his 13-year old daughter in a helicopter crash on Sunday, social media…

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