Asian Traders Looking to Win Big With Bitcoin Cash

As Coinstaker reported last week, bitcoin cash (BCH) is now almost certainly looking to split into two cryptocurrencies. Even though it’s certain the two cryptocurrencies will be interlocked in a serious competition, many Asian traders are willing to bet on both. They believe that divided, the two “new” cryptocurrencies will be worth more than as

Tether destroyed 500 million USDT Tokens to combat Token inflation

Last month has been one wild ride for Tether (USDT). Tether has seen massive influxes of USDT to its Treasury. This is due to the cryptocurrency losing “parity” with the USD. The entire cause of the loss of parity were doubts about Tether’s ability to access banking services and the lack of USD/USDT conversion. Last

Trader Fined and Jailed Over Fraudulent Scheme Worth Millions

A crypto trader was both fined and jailed by the United States Futures Trading Commission (CFTC). The fine was a no slap on the wrist and amounted to nearly $1 million. Joseph Kim is charged with running a fraudulent scheme involving bitcoins and litecoins. CFTC’s press release from November 9th stated that the Arizona-based trader

Financial Institutions are entering the Digital Currency Market

People know that financial institutions think of cryptocurrencies as arch enemies. But with the increase of opinions from financial advisors that the world is on the brink of another financial collapse because of inflation, maybe digital currency are the solution to some of the problems. Although not perfect, digital currency are still developing and will

Central Bank-issued Digital Currencies (CBDC): Even Banks don’t like them

It isn’t new that Central banks have negative views towards digital currencies. Though the interesting part is that they view central bank-issued digital currencies (CBDC) the same way. Earlier this month, Masayoshi Amamiya, the deputy governor of The Bank of Japan (BoJ) fully supported his negative stance from earlier this year. In April, the governor

WBTC: Decentralized token backed by Bitcoins on the Ethereum Blockchain

With 2017 highs and 2018 lows, 2019 will be an interesting year for the cryptocurrency community and projects. After a lot of bad projects failed, the state of the cryptocurrency market means that only innovative, useful and interesting projects will succeed. In the beginning of January 2019, a new token is set to be launched

Hidden Message by Satoshi: The Connection between Bitcoin and Halloween

Exactly 10 years ago, on October 31st 2008, Satoshi Nakamoto published bitcoin’s white paper. Ironically enough, 10 years ago, the world experienced the biggest financial collapse in recent times. With the white paper officially being released on October 31st, many experts are beginning to wonder about if there’s a hidden message by Satoshi. Did Satoshi

Novatti AUD Utility Token, Australian Dollar stablecoin launches on Stellar

Last week’s Tether (USDT) action and its quick recovery showed that stablecoins are valuable to the Cryptocurrency ecosystem, but also more stable than people think. You can read more in the articles below. A new stablecoin pegged to a fiat currency will make its debut. The new stablecoin is launching on Stellar’s blockchain and it will

Privacy Coins are the best way to stay hidden against Government tracking

One of the things that attracted both revolutionary minds and investors about cryptocurrencies was their “untraceable” qualities. Anonymous funds transfers were probably the first thing people learned about Bitcoin. Satoshi Nakamoto’s whitepaper talked about security and privacy coins that will help the people against the monetary system. This newfound freedom was something only people with

Crowd Machine Token lost 87% value after large amounts were stolen

It’s strange how quickly a project can take a 180 degree turn. Crowd Machine was just recently developing a replacement for Amazon Web Services. Today, it’s existence is questionable. Last Saturday, the company’s crypto wallet was hacked. The hacker managed to acquire a large number of the app’s Crowd Machine Compute Tokens (CMCT). To make