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Archive for January 2020

Kraken Finds Critical Security Flaw in Trezor One and T Wallets

Kraken Security Labs has identified a critical security issue in Trezor hardware wallets which enables seeds to be extracted from the devices.  Kraken Finds Flaw in Trezor Wallets Kraken researchers claim they were able to access Trezor One and T wallet keys by manipulating the voltage in the micro-controller. These hardware components hold vital information,…

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Coinmetrics Study Unveils Shocking Tether (USDT) Fact

The team at Coinmetrics has just released their latest findings on Tether, and its new all-time high velocity is not the only interesting thing they’ve discovered. Each USDT Token is Traded Approx 46 Times Per Year A study of USDT turnover reveals just how crazy the demand for Tether’s stablecoin is. According to Coinmetric’s tweet…

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Bank of Lithuania Looks into Central Bank Digital Currency

Bank of Lithuania may be the next entity to look into Central Bank Digital Currencies (CBDCs), after multiple banks worldwide have expressed interest. All Aboard the Central Bank Digital Currency Bandwagon Following preliminary interest from central banks in China, as well as India, Cambodia, and to an extent the European Central Bank, the Bank of…

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Bitcoin Price Is Up 32% This Month, On Track for $152,000 Year-End?

As Jan 2020 comes to a close, bitcoin is up 32% this month. As one analyst points out, if this continues every month, BTC will reach $152,000 by the end of the year. Bitcoin Is Up 32% This Month In a tweet that garnered thousands of likes and replies yesterday, Bitcoin analyst and developer Crypto₿ull…

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Ethereum Event Attracts Global Energy Giant Sponsor, ETH Prices Up 7%

A large Ethereum gathering in the US next month is attracting some big named sponsors as BP adds its name to the list. ETH prices have remained bullish cracking $180 for the first time in ten weeks. Ethereum Event Getting Noticed The ETHDenver event scheduled for February 14-16 has cemented itself as one of the…

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Zcash Surges as Community Votes to Redistribute Crypto Mining Rewards

Proposals to distribute crypto mining rewards to project development have been coming thick and fast recently. Zcash is the latest community to agree to do this and the privacy token is surging today as a result. Crypto Mining Rewards Redistributed A group that supports the development of Zcash announced that the community has voted to…

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Litecoin Surges 20%, Will LTC Spark Another Major Crypto Rally?

One of today’s biggest movers on crypto markets is Litecoin. LTC has been relatively quiet in recent weeks when its big brother has taken the limelight, but today it has surged to $70. Crypto market momentum is still building as we round out another week. A further $10 billion has been added to total capitalization…

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Will Bitcoin Budge as Brexit Arrives Tomorrow?

After years in the making, Brexit is finally happening tomorrow. The event is expected to cause a major shift in the global economy and could bring about any number of unforeseen consequences. It also begs the question, will this geopolitical occasion have any impact on bitcoin and crypto? How Will UK Traders React? Is Bitcoin…

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Is Facebook Censoring Crypto Content Again?

Twitter user Elijaboom posted that Facebook’s messenger app would not let him send a link forb insidebitcoins.com to an associate based in Turkey. He noted that it seems like Bitcoin and crypto-related websites and content could once again be considered a violation of Facebook’s community guidelines. Did crypto get the banhammer once again? Facebook, the…

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Bitcoin Cash Dev Tax Could Have Serious Impact on Bitcoin Mining

Miners claiming to represent the majority of Bitcoin Cash’s (BCH) hash rate intend to implement a plan to tax other miners in the community. Most remarkably, this tax could also affect all cryptocurrencies that share the SHA256 algorithm, including Bitcoin. Bitcoin Cash Miners to Be Subject to a 12.5 Percent Tax The plan, under the…

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