Month: July 2022

Just Over Half of South Africans Have Little to Zero Knowledge About Cryptocurrencies โ€“ Emerging Markets Bitcoin News

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About 53% of South Africans have little to no knowledge about cryptocurrency, while only 14% thought or felt they had a better understanding of the subject, a report has said. Nearly half of the respondents said they would only invest in cryptocurrency if or when their respective banks are involved. South Africans Weigh In on Crypto Knowledge According to the findings of Merchantโ€™s consumer survey study, just over half of South Africans (53%) have little to zero knowledge about cryptocurrency. The study also found that out of the surveyed South…

Bitcoin Miner Core Scientific Signs 75MW Hosting Deal

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Best BTC Miners EVER?! ETH 2.0 Delayed! Bitcoin Mining News

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io New Bitcoin miners are on the way that could be the most profitable we’ve ever seen! ETH 2.0 was delayed yet again?! Today we have some insane crypto news, including some of the new best bitcoin miners, ethereum miners rejoicing for ETH merge delay! Sub to VoskCoin This is the best mining rig you can buy in 2022 – Get 5% off fees and $10 for FREE! – NESTLE TRIX NFTs – Learn more about Cryptal here – Precog Finance PCOG –…

โ€˜Cryptojackingโ€™ rises 30% to record highs despite crypto slump: Report

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Cryptojacking has become a lucrative choice for cybercriminals as many victims are unaware they have been compromised. New research shows that despite falling digital asset prices, cryptojacking has reached record levels in the first half of 2022. According to a mid-year update on cyber threats by American cybersecurity company SonicWall, global cryptojacking volumes rose by $66.7 million, or 30% in the first half of 2022 compared to the same period last year. Cryptojacking is a cybercrime whereby malicious actors commandeer a victimโ€™s computer resources by infecting the machine with malware…

NAIC Market Update: Whatโ€™s Driving the Cryptocurrency Market?

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Cryptocurrency is a much-discussed emerging asset class that is currently valued at approximately $2 trillion. But even considering the recent pullback, is the marketโ€™s growth sustainable? In this NAIC Market Update video, Carlos Betancourt, Founding Principal of BKCoin Capital LP, lends his insight into the state of the cryptocurrency market. He also sheds light on some of the key factors contributing to Bitcoinโ€™s growth, which despite its recent drop, is still up more than 300% over the last 12 months. Among cryptoโ€™s…

Titanium Blockchain Pleads Guilty In $21M Crypto Securities Fraud

Titanium Blockchain Infrastructure Services (TBIS) has pled guilty to a securities fraud of over $21 million crypto scam. The US Department of Justice had announced that Michael Alan Stollery, CEO and Founder of Titanium Blockchain has declared himself guilty of the $21 million initial coin offering (ICO) scam. Michael, who is from California had accepted that he falsified details around the BAR coin, which is a crowdfunding token that wasnโ€™t registered with the US Securities and Exchange Commission. The court documents claim that Michael had endorsed TBIS as a cryptocurrency…

Japanese Bank SMBC to Foray Into NFT and Web3 Markets โ€“ News Bitcoin News

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The Sumitomo Mitsui Banking Corporation (SMBC), the second largest of the three biggest banks in Japan, has announced it is planning to expand into digital asset businesses, including non-fungible tokens (NFTs) and Web3 platforms. The company will partner with Hashport, a group that offers tokenization and listing services in Japan, to launch a token business lab to experiment with these new technologies. Second Biggest Japanese Bank to Introduce Token and NFT Services Many traditional banking companies around the world are now considering entering the crypto and digital assets business. SMBC,…

Cryptocurrency News Everyone Should Pay Attention To

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Ethereum Will Possibly Reach A New All-Time High*****The Real Reason Billionaires Invest Their Money into Bitcoin | Michael Saylorโ€™s Perspective ๐Ÿ‘‰ ๐Ÿ’ฐ The Strategies I Used To Turn $5k Into $500k โžก๏ธ Parabolic Trades (Signals): Alex Clips YouTube Channel (Short Content): My Entrepreneur YouTube Channel: Team Shirts: ๐Ÿ“ธ Join me on Instagram for daily tips and my daily behind-the-scenes vlog on my Instagram Stories Follow Me On Tiktok: Apply For A Job: Top Secret Private Group ๐Ÿค Buy $100 or more of…

Bitcoin Price Consolidates, Why Recovery Could Be Capped

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Bitcoin extended losses below the $21,000 support against the US Dollar. BTC is consolidating and any upsides might face hurdles near $21,500. Bitcoin remained in a bearish zone and traded below the $21,000 level. The price is now trading below the $21,500 level and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $21,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might correct higher but upsides might be limited above $21,500. Bitcoin Price Remains In…

IMF global outlook suggests dark clouds ahead for crypto

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Investors are warning of further volatility in the digital asset markets as the International Monetary Fund (IMF) forecasts a slowdown in global economic growth. The IMFโ€™s July update on the World Economic Outlook titled โ€œGloomy and More Uncertainโ€ points to โ€œhigher-than-expected inflation,โ€ and a contraction of global output as indicators of incoming poor economic growth. The report states in succinct terms that there are likely economic slowdowns ahead. โ€œThe risks to the outlook are overwhelmingly tilted to the downside.โ€ Macro factors have been linked to the crypto bear market, prompting…