Day: December 30, 2021

Pakistan Freezes Over 1,000 Accounts and Cards Used For Crypto Trading – Bitcoin News

boss

Authorities in Pakistan have reportedly moved to seize hundreds of bank accounts and cards belonging to cryptocurrency traders. According to local media, they have been allegedly used to make transactions worth close to $300,000 through digital asset exchanges, including major platforms. Pakistan Government Blocks Cards Used to Buy Cryptocurrency, Media Reveals Bank accounts in the names of 1,064 individuals have been frozen by Pakistan’s Federal Investigation Agency (FIA). The law enforcement authority acted on request from the Cyber Crime Reporting Center (CCRC) in Islamabad, the Pakistan Observer informed readers on…

Frax Share, Swipe and Gnosis lead the altcoin market as Bitcoin recovers to $47.5k

boss

Volatility is once again the major theme across the cryptocurrency market on Dec. 30 as the price of Bitcoin (BTC) bounced back from an early morning dip below $46,000 with bulls now battling bears for control of support near $47,500.  The altcoin market has likewise been a mixed bag of results on Dec. 30, with many of the coins in the top 200 seeing slight losses while the top performers have posted double-digit gains thanks to major protocol developments and acquisitions. Top 7 coins with the highest 24-hour price change.…

The Messaging and Trading App For The NFT Metaverse Era

boss

Facebook’s name change to Meta, and the announcement of its strategic pivot to becoming a Metaverse company, have sent shock-waves through the tech community. Metaverses are already considered to be the next technological great leap forward, and potentially far bigger than the internet revolution. They can be defined as a combination of multiple elements of technology, including virtual reality, augmented reality, and video where users “live” within a digital universe. These users will be looking for a messaging and trading solution inside the metaverses, something that Secretum could offer. The…

Bitcoin Only Works For The Wealthy, Senator Elizabeth Warren

boss

The argument on who really benefits from bitcoin is a long one in the making. For those who have been invested in the digital asset for a couple of years, they have obviously been making the most profit given the recent rallies in the market. However, there is still a lot of BTC that remains in the possession of what is a small number of bitcoin users and that has led to some concerns regarding the distribution of the digital asset. Majority Of BTC Held In 0.01% Of Wallets It…

Justin Kan’s Gaming NFT Platform Goes Live, Rebounding From $150K Discord Exploit

Since announcing plans to launch his gaming NFT marketplace Fractal earlier in December, Twitch co-founder Justin Kan has been one of the busiest men in crypto. Through a shoe-string Twitter marketing campaign and the promise of an NFT airdrop, it took Kan and his team just 10 days to grow the platform’s Discord group to over 100,000 members. But after pushing the launch date for the Solana-based marketplace up to Christmas Eve, a scammer hacked the Fractal Discord server’s verification bot and sent out a link to a phony drop,…

A Myriad of Crypto Market Cap Positions Moved Chaotically This Year – Markets and Prices Bitcoin News

boss

2021 has been a bullish year for crypto assets. While prices have risen a great deal, the top ten and top twenty rankings in terms of market capitalization have also changed significantly. A great number of coins have either been pushed down or have entered the crypto economy’s top positions in terms of overall market valuation. 2021’s Top Crypto Asset Positions Change Drastically On December 27, 2020, a historical snapshot of the crypto prices that day shows that bitcoin (BTC) and ethereum (ETH) both led the pack as far as…

NFT Project Bored Ape Yacht Club Spawns ‘Left-Facing’ Copycats

It’s a Bored Ape face-off. On Wednesday, two Bored Ape Yacht Club (BAYC) parody projects gained momentum on crypto Twitter, igniting plagiarism accusations, several trading bans and a robust supply of ape-themed memes. The two collections – both named PHAYC, a play on “fake” and “BAYC” – appear to be identical copies of the original BAYC collection, but with each ape’s profile mirrored to the opposite side, or “left-facing”. One PHAYC collection’s Twitter bio read: “PHAYC IT TIL YOU MAKE IT.” The other read: “Apes phace left on the right…

BCH and BSV get crushed by Bitcoin price in 2021

boss

Bitcoin (BTC) looks set to beat its forked versions Bitcoin Cash (BCH) and Bitcoin SV (BSV) in terms of price-performance in 2021, market data shows. Notably, BTC’s year-to-date (YTD) returns sat near 60% at press time as its price wobbled near $47,500. In comparison, BCH rallied a little over 26% to $435.50, while the BSV price plunged over 25% to $122.30 in the same period. But the biggest takeaway remained the performance of Bitcoin Cash and Bitcoin SV against Bitcoin. In detail, the BCH/BTC rate declined over 22.50% YTD to…

Privacy Coin Issuer: Nothing’s Encrypted Until End Points Are Encrypted

Roughly $13 billion is afloat in the privacy coin market, but are holders of these tokens really getting what they’re paying for? That depends. If they’re of the mind that all they have to do is to denominate transactions in Monero or Zcash and nobody could ever trace their path or hack their accounts, then no. If they fully understand that buying and selling with privacy coins is one necessary component – but not the one only component – of a completely anonymous transaction, then yes. Fortunately, a project called…

What were the biggest crypto outcomes of 2021? Experts Answer, Part 2

boss

Simon is the crypto analyst at eToro, a social trading platform that offers investing in both stocks and cryptocurrencies. “The pandemic and associated lockdown measures have turbo-charged the transition to this technology as we close out 2021. However, as the ultimate frontier between the real and virtual worlds, the metaverse represents the most likely evolution of the internet in the coming years.  From Facebook to Meta, from Square to Block, fresh batches of tech titans are taking bets on the future of digital assets. First coined by Neal Stephenson’s 1992…