|Day's Range||7,257.339 - 7,270.777|
|52 Week Range||3,191.30 - 13,796.49|
|Volume (24hr) All Currencies||17.05B|
Crypto entrepreneur Roger Ver has distanced himself from the unfolding fraud allegations surrounding the BitClub Network. Four members of the suspected Ponzi scheme were this week arrested by US authorities as prosecutors investigate what they allege is a $722m global scam. However, Bitcoin Cash evangelist Ver has been unwittingly caught up in the furore surrounding the arrests after pictures emerged of him having dinner with senior BitClub figures, with suggestions that he had advised the New York-based scheme. But in an exclusive interview with Coin Rivet, the 40-year-old vehemently denies any involvement with the alleged scam and speaks of his anger at how BitClub attempted to use his image to promote a product he had nothing to do with. “I’veThe post Roger Ver: I’m not involved with BitClub Network 'scam' appeared first on Coin Rivet.
A Bitcoin exchange has launched a range of socks to educate wearers about crypto. MtSocks - a play on the name Mt Gox - is the brainchild of the team behind the CoinCorner exchange and is intended to be a fun way to teach people about Bitcoin. Every design is inspired by events in the industry, and every pair of socks comes with an information card that will teach the wearer about the Bitcoin industry. MtSocks only accepts Bitcoin (BTC) as payment in a bid to encourage people to learn how Bitcoin can be used as a payment method. And like Bitcoin, there is a finite supply. MtSocks will release a new design on the first day of every month, but theThe post Sock portfolio! Exchange launches cosy crypto Christmas footwear appeared first on Coin Rivet.
Chinese bitcoin mining manufacturer Bitmain has selected two cryptocurrency mining consulting firms—Fastblock and Bit5ive—as the official distributors of its mining machines, Antminers, in South America.The post Chinese mining giant Bitmain is working with two consulting firms to up its sales in South America appeared first on The Block.
Today the price of Bitcoin is US$7,193.57; Ethereum is US$143.70; XRP is US$0.221076; Bitcoin Cash is US$206.92 and Tether is US$1.00. These are the top five cryptocurrencies by market capitalisation. About the top five cryptocurrencies The top 5 cryptocurrencies are the biggest and most significant cryptocurrencies and constitute the top half of The Top 10 Cryptocurrencies by market capitalisation. Bitcoin In August 2008, the domain name bitcoin.org was registered. On 31st October 2008, a paper was published called “Bitcoin: A Peer-to-Peer Electronic Cash System”. This was authored by Satoshi Nakamoto, the inventor of Bitcoin. To date, no one knows who this person, or people, are. The paper outlined a method of using a P2P network for electronic transactions without “relyingThe post Top five cryptocurrencies - latest price appeared first on Coin Rivet.
Cryptocurrency exchange BitMEX has added support for native SegWit (bech32) addresses for bitcoin withdrawals, helping users save on transaction fees. Announcing the news Thursday, BitMEX said the native SegWit support is currently enabled only for bitcoin withdrawals and not deposits.The post BitMEX adds native SegWit support for bitcoin withdrawals, helping users save on transaction fees appeared first on The Block.
A month after going fully operational, Switzerland-based cryptocurrency bank SEBA has expanded to nine new countries. In a statement shared with The Block on Thursday, SEBA said companies and institutional clients from Singapore, Hong Kong, the U.K., Italy, Germany, France, Austria, Portugal, and the Netherlands can now open accounts with the bank.The post Crypto bank SEBA expands to 9 new markets, including Singapore and Hong Kong appeared first on The Block.
It’s a choppy start to the day, with resistance levels tested before hitting reverse… A recovery would need to kick in by late morning to stop the rot…
The popular conception is that the cryptocurrency industry is overwhelmingly male. Grayscale Investments thinks the answer is simple lack of information.
Bitcoin (BTC/USD) topped out at $13,868.44 in June of this year, thereby completing a 343.2% advance off the December 2018 corrective low of $3,128.89. That low ended a 1-year 84.3% decline off the bull market bubble top of around $19,892, reached in December 2017.
Square Crypto, payments company Square’s crypto initiative, has announced that it is giving a grant to a part-time Lightning Network developer who goes by the name “ZmnSCPxj” in order to support his work.The post Square Crypto offers grant to pseudonymous Bitcoin developer appeared first on The Block.
The Open Money Initiative, a Human Rights Foundation-sponsored field research project focusing on Venezuela, has found an opportunity for international organizations like the World Bank to use bitcoin to provide aid to Venezuelan citizens in need.The post World Bank can but won't use bitcoin to send aid to Venezuelans, according to Human Rights Foundation CSO Alex Gladstein appeared first on The Block.
Twitter is funding a developer team, dubbed Blue Sky, to establish a decentralized standard for social media, said Twitter CEO Jack Dorsey on the social media platform he helms. The post Twitter is funding five developers to build decentralized standards for social media appeared first on The Block.
One of the most debated topics in the cryptocurrency space is the identity of Bitcoin founder Satoshi Nakamoto. While some names often reappear as potential owners of the Satoshi Nakamoto identity, the wider community has still not been able to agree on a definitive answer over a decade after Bitcoin's creation. My goal today is to discuss weather or not knowing the identity of Satoshi Nakamoto really matters at this point, and why I personally believe having an anonymous founder might have benefited Bitcoin. Essentially, there are two main reasons why I believe this: Privacy protects individuals from outside threats and enables digital immunity (good and bad) It's harder to coerce the most trusted source if said source is unknown,The post Does the identity of Satoshi Nakamoto really matter? appeared first on Coin Rivet.
In a recent episode of The Scoop, Chief Strategy Officer of the Human Rights Foundation, Alex Gladstein, discussed the ongoing protests in Hong Kong and how bitcoin could potentially transform the urban protesting environment.The post Bitcoin is creating a better future for human rights defenders, says Human Rights Foundation CSO Alex Gladstein appeared first on The Block.
Blockchain payments processor BitPay has added support for three stablecoins - Circle’s USD coin (USDC), the Gemini dollar (GUSD) and Paxos Standard token (PAX).The post BitPay now lets merchants accept three stablecoins, including Gemini dollar appeared first on The Block.
It’s a bearish start to the day for the trio, with Chainlink joining the pack in the red early on. Heavier losses could be on the cards.
MATIC finds early support as the rest of the pack struggles in the early hours. A move through to key levels is needed to avoid more losses…
US prosecutors have arrested three men while investigating an alleged $722 million Bitcoin scam. The Justice Department has branded the activities of the ‘BitClub Network’ as a “high-tech Ponzi scheme” that lured victims with fake Bitcoin mining profits while taking money from investors who were rewarded for recruiting new members. Apparently preying on people across the globe, the scheme is understood to have operated from April 2014 until recent days from offices in New Jersey, according to an indictment signed by US Attorney Craig Carpenito. The arrested men are 37-year-old Matthew Brent Goettsche of Lafayette, Colorado, Jobadiah Sinclair Weeks, 38, of Arvada, Colorado, and 49-year-old Joseph Frank Abel, of Camarillo, California. Goettsche and Weeks were charged with conspiracy to commitThe post Cryptocurrency rocked by massive Bitcoin fraud appeared first on Coin Rivet.
Cryptocurrency mining machine manufacturer Canaan made the headline last month by being one of the first cryptocurrency companies to tap into the public markets, but an expert said its initial public offering (IPO) may be "more symbolic" than substantial. The post Canaan’s IPO is “more symbolic” than substantial to the crypto industry, says expert appeared first on The Block.
Asset management group IDEG Investments has launched Asia’s first-ever Bitcoin trust for professional investors. In a press release published on Sunday, IDEG states that the funds are designed as an easy way for Asian "old money" to invest in the digital asset markets. The IDEG Investments group has launched two funds - the Asia Bitcoin Trust I and the Atlas Mining Trust I - which are both managed in different ways. Unlike Grayscale, which is a passively managed fund, the Asia Bitcoin Trust I is actively managed by a professional investment team, whereas the Asia Mining Trust I offers investors the opportunity to share profits from Bitcoin mining operators. Kevin Yang, CEO of IDEG, said: "As the investment manager ofThe post Two new Bitcoin trusts revealed for Asian markets appeared first on Coin Rivet.