Concerns grow over Binance executive’s health during detention in Nigeria

Bitcoin (BTC) starts a new week on a pleasant high thanks to a boost from a familiar source, Elon Musk. Are the good times back?After spending weeks languishing close to $30,000, Bitcoin has managed to stage a sustained comeback to line up an attack on major resistance.With on-chain indicators flashing bullish, there may be a…

E-cash inventor David Chaum has unveiled yet another cryptocurrency which he says is resistant to quantum computer attacks. Chaum plans for quantum armageddonIn a blog post issued Aug. 20, Chaum championed the new offering, Praxxis, which has seen a six-month development process. The new blockchain follows on from Chaum’s Elixxir project, which debuted in September last year,…

Will this new funding round pave the way for OpenSea to become the Amazon of NFTs? 1251 Total views 7 Total shares OpenSea, one of the largest digital collectible marketplaces, has secured backing from venture capital firm Andreessen Horowitz, or a16z, and others in a new funding round.According to Andreessen Horowitz, the firm is leading…

More than 90% of the voting creditors of the Indian crypto exchange WazirX voted in favor of the platform’s post-hack restructuring plan. According to an April 7 announcement, 93.1% of voting creditors who hold 94.6% of the value voted in favor of the plan. All creditors who held crypto balances on the platform were eligible

Seychelles-based exchanges moved $36 billion worth of Bitcoin across international borders in 2019. 766 Total views 27 Total shares Seychelles-based exchanges led the world in cross-border Bitcoin (BTC) transactions in 2019. What Switzerland is to the world of watchmaking, Seychelles is to the world of crypto exchanges.The small island nation with a total population of…

There may soon be a new twist in the long-running legal case involving famous self-proclaimed Bitcoin (BTC) creator, Craig Wright, and the estate of his alleged former partner, Dave Kleiman. Wright, one of the most well-known figures to claim the mantle of Bitcoin’s creator, Satoshi Nakamoto, has been ordered to provide documents supporting the case…

The company announced a halt in withdrawal activity via their official Twitter account on Monday morning which lasted for just over 2 hours. 196 Total views 12 Total shares Major cryptocurrency exchange Binance announced the suspension of all transaction withdrawals on its platform on Monday morning due to a “large backlog” of data. CEO, Changpeng…

Bitcoin’s (BTC) price may climb by more than 50% in September, a month otherwise considered ominous for the cryptocurrency due to its poor historical returns. BTC price double-bottom and then to $30K?The conflicting upside signal comes from a potential double-bottom pattern on Bitcoin’s longer-timeframe charts against the United States dollar. Double-bottoms are bullish reversal patterns that resemble…