Was Tron’s famous $1 million blockchain dapp development competition a con trick? The question is currently doing the rounds on social media these days. Redditor 9HIL collected pieces of evidence that show that Tron was misleading participants. The independent investigator substantiated that Tron firstly delayed its winner announcement and then changed prize payouts. For instance,…
Bitcoin has been unable to maintain above its previous support level around $3,600 and is now nearing the bottom of its recently established range between $3,550 and $4,200. Bitcoin’s price drop has led the general crypto markets to plunge, with many altcoins trading down 6% or more. One analyst now believes that the crypto markets…
Bitmain Technology, the world’s largest crypto mining equipment manufacturing firm, is going to replace its chief operating officers Jihan Wu and Ketuan Zhan with a new appointee, reported the South China Morning Post. The news follows months of speculation about Bitmain losing billions in the final quarter of 2018. Earlier in December 2018, the Beijing…
It goes without saying that bears weren’t kind to the crypto industry in 2018. The aggregate value of all cryptocurrencies fell like a “falling knife,” as retail investors pulled out of this market en-masse and hype dissipated. Yet, even amid this devastating downturn, which beat this market to hell and back, Bitcoin (BTC) quickly became shelter…
Crypto markets consolidating this Sunday, Stellar moving up, Tron falling back. There has been little movement in crypto markets this weekend and things remain pretty flat. No signs of any recovery from the big dump on Friday are forthcoming and total market capitalization is still around the $120 billion level. Bitcoin has retreated slightly from…
If someone was to ask about fervent crypto investors, who would come to mind? For most Bitcoin enthusiasts and investors, Mike Novogratz, the Winklevoss Twins, and Tim Draper would be the first mentioned. And for good reason too, as the aforementioned four have invested copious amounts of time, money, and mental capacity into the nascent…
It has become increasingly apparent to crypto and Bitcoin investors alike that the 2018 bear market will persist throughout 2019, despite most investors previously thinking that the markets would start afresh in the new year. One prominent trader is now predicting that Bitcoin will drop below $3,000 in the near future as the markets continue…
Although 2019 has dawned, the crypto “nuclear winter” of yesteryear has yet to entirely abate. Just weeks after Bitmain, ConsenSys, ShapeShift, Huobi, among other Bitcoin-related startups, cut a number of their staff, Blockfolio, which manages one of the most used applications in the industry, also had to wave goodbye to talent. Related Reading: Legendary Venture Capitalist:…
Following the cryptocurrency market’s recent plunge that sent Bitcoin and most altcoins down 10% or more, the markets have been able to find some levels of stability around their current price levels and are currently trading down slightly. One analyst now claims that Bitcoin must finish the weekend above $3,700 in order for it to…
Crypto markets take a breath after recent dump; Bitcoin Cash and SV recovering, Tron dumping recent gains. Crypto markets are still battered and bruised as we enter the weekend. There has been no sign of a recovery following the $16 billion rout over the past day or two. Total market cap is still a touch…