Another DeFi hack: $25 million in Bitcoin and Ethereum stolen from dForce
Ethereum news

Another DeFi hack: $25 million in Bitcoin and Ethereum stolen from dForce

The DeFi platform dForce has lost 100% of its assets in Ethereum and Bitcoin following an exploit on Saturday, April 18, 2020. Data from DeFi Pulse shows that the Ethereum-based protocol, dForce, fell victim to an attack. dForce is an ecosystem of protocols that includes Lendf.ME and USDx. Data from DeFi Pulse reveals that, in…

11 Exchanges to Buy Bitcoin in Saudi Arabia (2020)
Cryptocurrency exchanges

11 Exchanges to Buy Bitcoin in Saudi Arabia (2020)

We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure. You’ll need a Bitcoin wallet before you buy since some exchanges require one. Don’t have a wallet? Read our guide on the best Bitcoin & cryptocurrency wallets. Coinmama allows customers in almost every country to buy bitcoin…

Gopax – Reviews, Trading Fees & Cryptos (2020)
Cryptocurrency exchanges

Gopax – Reviews, Trading Fees & Cryptos (2020)

A trading cryptocurrency guide must provide reviews of all of the top crypto exchanges out there, so that you can find the best cryptocurrency exchange site for you. This review of Gopax consists of four parts: general information, fees, deposit methods and security. Gopax is a newer addition to the gang of South Korean cryptocurrency…

Hopes and Strategies In Play As Miners Prepare For Bitcoin Halving
Bitcoin news

Hopes and Strategies In Play As Miners Prepare For Bitcoin Halving

The Bitcoin (BTC) halving is fast approaching, and already miners are swooping into action. Some are phasing out older mining hardware, while others are preparing to take equipment offline if the bitcoin price falls below certain thresholds after the halving. But while the halving will obviously reduce mining rewards by 50% and a chunk of…

$3,000,000,000 in ‘Dry Powder’ Poised to Enter Bitcoin (BTC) and Cryptocurrency Markets: Messari CEO
Crypto news

$3,000,000,000 in ‘Dry Powder’ Poised to Enter Bitcoin (BTC) and Cryptocurrency Markets: Messari CEO

The CEO of blockchain database startup Messari says there’s a huge amount of crypto capital sitting on the sidelines, ready to move into Bitcoin, Ethereum, XRP and the greater altcoin markets. Ryan Selkis cites new data that shows cryptocurrency exchanges are now holding over $3 billion in stablecoins on behalf of their customers. He says these…

Kraken vs Poloniex 2020: Best Cryptocurrency Exchange Comparison
Cryptocurrency exchanges

Kraken vs Poloniex 2020: Best Cryptocurrency Exchange Comparison

Choosing the right cryptocurrency exchange that meets your investment needs is crucial. Whether you are buying, selling, or just trading, each exchange has its own sets of differences that might be more important depending on what you are trying to do. To compare the differences between two of the most common crypto exchanges, read our…

Analysis: Bitcoin Bottom Is In As Those Who Needed To Sell Did It On March 12
Bitcoin news

Analysis: Bitcoin Bottom Is In As Those Who Needed To Sell Did It On March 12

At the time of this writing, Bitcoin is trading at $7,230 with $32.46B volume and a $132.56B market cap after trading below $7,000.00 for most of the past week. Those who have been “long the dip” when it hit the $4,000’s market have already almost doubled their money. The question remains to be seen as…

TOP 3 Bitcoin and Crypto News for Today: 17 April
Crypto news

TOP 3 Bitcoin and Crypto News for Today: 17 April

Geoffrey Schwartz Bitcoin (BTC) price prediction, Binance (BNB) smart chain white paper released, and Nassim Taleb recommends cryptocurrencies. The last day of the workweek ended in the green for the three major indexes. The Dow Jones Industrial Average (DJIA) rocketed up 704.81 points (about 3%) to close at 24,242.49. The S&P 500 went up 75.01…

Binance Crypto Exchange Records Highest Quarterly Volume
Crypto news

Binance Crypto Exchange Records Highest Quarterly Volume

World’s leading crypto exchange, Binance, recorded the highest quarterly volume evident by the amount of coin burn for Q1 2020. According to the original Whitepaper, every quarter, it burns 20% of its profits. The estimates suggest a profit higher than $262.33 million in the Q1 of 2020. Update: According to sources, Binance has changed the…

Seeking Profits: A Number of Large Crypto Exchanges Are Mining and Staking Digital Assets
Cryptocurrency exchanges

Seeking Profits: A Number of Large Crypto Exchanges Are Mining and Staking Digital Assets

During the last 12 months, large cryptocurrency exchanges have been getting into digital currency staking and creating SHA256 mining operations. Just recently, Binance announced the launch of its mining pool following exchanges like Okex, and Huobi. Alongside this, a great number of crypto exchanges are staking proof-of-stake (PoS) coins, which have caused some grievances among…