Media personality and businesswoman Paris Hilton announced that she successfully auctioned a digital painting of her cat, Munchkin, for 40 ETH — worth almost $17,000. The sale was held through an Ethereum-based auction platform called Cryptograph. According to a tweet published by Hilton, money raised from the auction of the portrait will go to three
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Following his recent educational foray into the world of Blockchain, Barstool Sports founder Dave Portnoy now appears to be promoting crypto pump and dump schemes by shilling low-cap altcoins. Posting a number of videos on Twitter, Portnoy stated that he had found a new altcoin “that I’m interested in,” but wouldn’t disclose which crypto it
Most days, there is little love lost between the United States Securities and Exchange Commission and the world of crypto. As the regulator of the world’s largest capital market, the commission’s continuing work to track down sales for tokens it considers unregistered securities has left a fair bit of the crypto market viewing the commission
Grayscale Investments’ Litecoin Trust (LTCN) and Bitcoin Cash Trust (BCHG) have received DTC eligibility on Monday, which means the shares can begin trading publicly. The firm’s latest funds give investors exposure to the crypto assets bitcoin cash and litecoin and shares will be traded via secondary markets. Both LTC and BCH supporters were pleased to
Internet entrepreneur and digital rights activist, Kim Dotcom, congratulated Twitter followers who bought Bitcoin based on his advice in 2018. According to a tweet published on August 17, the founder of the now-defunct file-sharing website, Megaupload, also praised followers that managed to capitalize on gold’s rising prices. In August 2018, Dotcom told his followers that
Investors usually buy large quantities of gold when they do not have faith in fiat currencies and want to protect their purchasing power against debasement. Berkshire Hathaway’s recent purchase of the Canadian gold miner Barrick Gold suggests that Warren Buffet is not confident about the future health of the U.S. and global economy. Morgan Creek
The high-profile Twitter hack — which saw malicious actors take over 130 verified accounts including Bill Gates and Elon Musk — managed to be both technically brilliant and incomprehensibly stupid at the same time. It was a multi-person attack, deep inside the company’s infrastructure, using sophisticated social engineering to defeat 2FA-protected accounts. But while the
Bitcoin is currently catching some upwards momentum that has sent it past its key resistance level at $12,000. Although the crypto has yet to post a significant break above this level, bulls do appear to be building strength following the strong weekly close that BTC posted yesterday evening. Analysts are now offering mixed outlooks on
Grayscale Investments, the asset manager behind the world’s largest Bitcoin trust, announced that its Bitcoin Cash Trust and Litecoin Trust are eligible for deposit at the Depository Trust Company, the largest securities depository in the world. The Depository Trust Company (often shortened to DTC) was founded in 1973 and is based in New York. It
In the previous weeks, altcoins gained momentum while Bitcoin (BTC) was hovering against the psychological barrier at $12,000. After a few weeks of consolidation, the price of Bitcoin finally broke the resistance zone of $12,000. However, it’s uncertain whether the price will continue moving upwards to $15,000 from here. Is the upside move a clear
The price of Bitcoin (BTC) has increased from $9,088 to $11,800 since July 1 by more than 30%. With it, the volume of top-tier cryptocurrency exchanges has surged to a staggering $334 billion. A report from CryptoCompare released by Bitcoin futures exchange BitMEX says: “In July, Top-Tier volumes increased 42.1% to $334bn while Lower-Tier volumes
Ethereum co-founder Vitalik Buterin says he would “freely admit” that Ethereum 2.0 is “much harder” to implement from a technical perspective than he had expected. Buterin made his remarks during a debate with Bitcoin maximalist Samson Mow on Peter McCormack’s podcast on Aug. 16. During the debate, the trio discussed the reasons for the “open
Edward Snowden may be able to return to the United States if Donald Trump chooses to grant the whistleblower a presidential pardon. According to an Aug. 15 report from Reuters, Trump said he was “going to start looking at” a possible pardon for the whistleblower, who has been living in asylum in Russia since he
Bitcoin Cash supporters are a passionate bunch and the CEO of Bitcoinbch.com, Hayden Otto is an extremely impassioned BCH supporter. Otto has initiated a fundraising effort toward Bitcoin Cash marketing by leveraging the nonscustodial Flipstarter platform. The fundraiser aims to raise 650 BCH ($194,900) in order to fund a viral marketing campaign that highlights the
As the price of Bitcoin continues to meet resistance passing $12,000, its hash rate has hit a new all-time high. Data from Blockchain.com confirms that on Aug. 15, Bitcoin’s seven-day average hash rate reached a new peak of 129.075 EH/s. The achievement comes after two weeks of fairly stagnant hash rate growth, with the previous
Open interest on Ether (ETH) futures grew by 250% over the past three months to reach $1.7 billion. This incredible build up occurred as the cryptocurrency broke the $400 resistance to reach its highest levels in two years. ETH futures open interest in USD terms. Source: Skew Unfortunately, there is no way to ascertain whether