[ad_2][ad_1] By Alexis Akwagyiram, Tom Wilson LAGOS / LONDON (Reuters) – Four months ago, Abolaji Odunjo made a fundamental change to his mobile phone business in a bustling street market in Lagos: he started paying his suppliers in bitcoin. Odunjo buys phones and accessories from China and the United Arab …
Read More »Do you think your cryptocurrency transactions are anonymous? The US government may be able to monitor Monero
[ad_2][ad_1] One of the biggest strengths of cryptocurrency is that it is mostly out of reach for world governments, providing a universal option through which to avoid banks and fiat currencies altogether. This isn’t entirely true of all forms of encryption, however, and one of the more privacy-focused may have …
Read More »The 700 million dollars worth of synthetic bitcoin circulates on the Ethereum blockchain
[ad_2][ad_1] According to data from onchain, there are now 69,836 synthetic bitcoin tokens (over $ 700 million) circulating on the Ethereum blockchain. Of the six synthetic bitcoin token projects, bitcoin wrapping (WBTC) commands the largest number of coins with over 63% and 44,622 WBTC. Synthetic bitcoin (BTC) has grown tremendously …
Read More »TRX 6.7 billion staked on SUN genesis mining
[ad_2][ad_1] Source: dencg – Shutterstock TRON CEO Justin Sun reported that the total value locked on the SUN genesis mining platform has increased to $ 210 million. New data reveals a growth in the number of accounts to 9 million for TRON. Despite losing nearly $ 2 billion in recent …
Read More »Bitcoin and Tron weekly TRX technical analysis – 7th September 2020
[ad_2][ad_1] It was a mixed start to the week. Bitcoin fell 0.50% on Monday to an initial weekly low of $ 11,600 before making a move. Avoiding the first major support level at $ 11,296, Bitcoin rose to an intraweek high on Monday at $ 12,067. Bitcoin hit the first …
Read More »Over 6.5 billion Tron (TRX) – $ 210 million – Locked in Sun Genesis Mining
[ad_2][ad_1] Quick setting: Tron investors have blocked approximately 6.5 billion TRON in Sun Genesis Mining This translates into approximately $ 210 million The value of TRX has increased positively since Sun Mining was launched The popularity of the Tron network in the DeFi industry will certainly continue to grow Sun …
Read More »Criminals Target Coins For Privacy: How To Avoid Downloading Fake Wallet Apps
[ad_2][ad_1] Reports from recent weeks detail that attackers are targeting two privacy coin projects, Monero and Zcash, raising concerns about the growing rate of security incidents involving blockchain networks. Such incidents, as well as repeated 51% attacks on the Ethereum Classic network or the breach of the Electrum wallet, suggest …
Read More »Market Update: Blood in the Crypto Streets, Bitcoin Miner Dump, CME Gap, Defi Doldrums
[ad_2][ad_1] The cryptocurrency economy slid significantly on Thursday afternoon (ET), as the aggregate market cap of all cryptocurrencies shrank by more than 10% during yesterday’s trading sessions. More than 12 hours later, some of the major crypto assets are still down in value between 4-12% and some digital currencies have …
Read More »Ripple’s EOS, Ethereum and XRP – Daily Technical Analysis – September 4, 2020
[ad_2][ad_1] For the day ahead Ethereum is expected to break above the $ 401.29 pivot to support a run at the first major resistance level at $ 432.58. However, support from the broader market would be needed for Ethereum to break through $ 400. Barring an extended cryptocurrency rally, the …
Read More »IRS Tackles Crypto Micropayments, Blockchain Shipping Platforms Expand, DOJ Ties North Korea Crypto Hacks To Chinese Merchants, FBI Plot Hinders Bitcoin Corruption
[ad_2][ad_1] In this problem: • IRS addresses the taxation of cryptocurrencies received in microtasks, Swiss Enable Crypto Payments • Blockchain shipping platforms TradeLens and ShipChain expand networks • North Korean cryptographic hacks recycled by the Chinese; Launch of cryptographic compliance tools • FBI conspiracy thwarts Bitcoin corruption, Ethereum Classic suffers …
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