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US Investor Files Lawsuit Against AT&T Over Cryptocurrency Theft

A U.S.-based cryptocurrency investor and entrepreneur has filed a multi-million-dollar lawsuit against telecommunications firm AT&T.Michael Terpin believes that he became the victim of a theft in which a large amount of digital currency was taken from him due to the company’s negligence.Terpin Believes He Was the Victim of a SIM Swap FraudMichael Terpin has brought legal action against… Read More »

Report: Cryptojacking Coincides with Crypto Popularity, Monero the Choice Currency

As cryptocurrency popularity boomed towards the end of 2017, other, more illicit, things came about as a result of the crypto boom. In 2018, one of the most prevalent and popular forms of malware attacks is cryptojacking, where malicious actors utilize the CPU power of unsuspecting computers to mine cryptocurrencies.Cryptojacking Becomes Increasingly Prevalent in 2018According to a report by… Read More »

Ripple Executive Says the Company is Eyeing an Expansion into China

A Ripple executive has said that the distributed payments service provider is looking to expand their operations in China. However, it seems unlikely that such a move would translate into greater usage of the platform’s digital currency, XRP.Banks Love Ripple but Have Little Interest in XRPThe vice president of Ripple’s strategic accounts in Europe, Jeremy Light, stated that… Read More »

Coinbase Continues To Add 50,000 Users a Day During Bear Market

While the cryptocurrency market has tanked in recent months, many cryptocurrency advocates remain unfazed, with some claiming that the adoption rates will only continue to swell. Critics may classify this sentiment as unwarranted optimism, but Coinbase CEO Brian Armstrong has recently disclosed figures that allude to the fact that the cryptocurrency market is set on growing.Coinbase Signs Up… Read More »

Cryptocurrency Market Update: Altcoins Bounce From The Bottom

FOMO MomentsMarkets are bouncing from the bottom, XRP, Litecoin, Tezos and Tron recovering from major losses.After five days of heavy losses resulting in $40 billion being dumped out of crypto markets a bounce has finally occurred. The boards are all green this morning as cryptocurrencies rebound from the yearly bottom a couple of days ago. Market capitalization has… Read More »

Is Bitcoin A “Cult”? A Former Paypal CEO Seems To Think So

From the belief that Satoshi is Craig Wright, to some considering that Bitcoin is going zero, this nascent industry has had its fair share of unpopular and contrasting opinions. A former Paypal CEO’s appearance on CNBC has only cemented this theme, with this legacy market proponent likening crypto to a cult.Bitcoin Is A Cult? I Don’t Think SoAlthough the… Read More »

Bitcoin Price Watch: BTC/USD’s Rebound Above $6,350 is Real?

Key PointsBitcoin price recovered nicely after trading as low as $5,894 and moved above $6,200 against the US Dollar.There is a new connecting bullish trend line forming with support at $6,180 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair could revisit the $6,550 resistance zone as long as it is above the $6,150… Read More »

Cardano Price Analysis: ADA/USD Facing Uphill Task Near $0.10

Key HighlightsADA price declined heavily and traded as low as $0.0844 against the US Dollar (tethered).This week’s highlighted significant bearish trend line is still active with resistance near $0.1100 on the hourly chart of the ADA/USD pair (data feed via Bittrex).The pair is currently correcting higher, but it is likely to face sellers near the $0.1000 and $0.1100… Read More »