On 23rd April, Bitcoin fell to 50,000 USD, reaching a record low in these few months. In only one day, Bitcoin, which once stood at a height of 64k USD, fell more than 10k USD, a drop of more than 16%. In addition to Bitcoin, other cryptocurrencies also plummeted. Within Read more…
South Korean commercial banks should say “thank you, crypto,” local media outlets have claimed, with cryptoasset investors flocking to their platforms to set up fiat on/off ramps in order to trade their tokens. Per a report from SBS, the neobank K-Bank has seen a staggering 1.7m new customers open accounts in the first Read more…
There are two mechanisms by which a quantum computer might violate a cryptoasset. Quantum computing poses a threat that concerns PoS and PoW in equal measure. It’s difficult to predict whether such a threat would emerge suddenly or gradually. Quantum computing has long been regarded as Bitcoin (BTC)’s ‘bogeyman.’ The popular Read more…
The $50,000 mark is viewed as a key support threshold for bitcoin reaching higher prices By Emily NicolleFriday April 23, 2021 8:22 am Cryptocurrency prices have fallen across the board, ending a recent rally for ether and pushing bitcoin below the $50,000 mark. Bitcoin has fallen more than 10.4% in the Read more…
Turkish authorities say four people linked to the cryptocurrency platform Vebitcoin have been arrested, accused of fraud. Hours earlier, the company abruptly announced it had ceased operations, citing financial strains. Officials also launched an investigation and blocked the accounts of the platform. Earlier this week, a second Turkish platform, Thodex, Read more…