Bitcoin Catches its Breath After Sprint to $28,425
Bitcoin is catching its breath after an incredible sprint to $28,425, moving a sensational $5,000 in three days. This move has resulted in Bitcoin dominance hitting levels last seen a year ago, and ushers in the potential for a repeat which would see alt coins running in early 2021 as they look to reclaim some of the market share.
PAID network has released its replacement token less than a week after the smart contract was exploited and $3 million worth of tokens minted and sold. The Polkadot project has moved quickly to assure supporters that the platform itself remains fully functioning and that PAID v2 tokens will be coming to all those who were holding tokens at the time of the hack. Recipients have also been rewarded with a guaranteed allocation in an upcoming IDO and a 10% bonus if they hold the new tokens for seven weeks.
Read the full article at FullyCrypto: https://fullycrypto.com/paid-network-launches-new-token-after-hack
This week, Marks and Alex discuss the Bitcoin dip (or crash, as some call it!), what it means, and how you should play it.
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The Bitcoin whitepaper is a piece of history in many senses. It represents a financial, technological, and social revolution, a way for ordinary people to transact free of governmental influence. Further than this, it represents freedom from censorship and authoritarian overreach.
Read the full article at FullyCrypto: https://fullycrypto.com/bitcoin-whitepaper
In a day and age where people want quick, easy and KYC-free access to crypto exchanges, it comes as quite a shock when you discover that you can actually buy your own crypto exchange for less than $1,000. It might only be $1 less, but for the price of $999, you can get your hands on your very own crypto exchange, putting you in control of your user’s cryptocurrency assets.
Read the full article at FullyCrypto: https://fullycrypto.com/you-can-buy-your-own-crypto-exchange-for-999
ConsenSys has acquired JPMorgan’s Ethereum spinoff blockchain platform Quorum six months after the move was first mooted. Reutuers revealed the deal yesterday after first reporting a possible merger between ConsenSys and Quorum back in February.
Read the full article at FullyCrypto: https://fullycrypto.com/quorum-blockchain-snapped-up-by-consensys
Crypto.com emerged from the ambitious project known as Monaco and has since gone on to win over the hearts of its users. But, in the past month, its CRO token, the token used to interact with its native mobile app and to get your hands on rewards, has taken a beating. In the past month, CRO is down more than 35%, and it’s not showing any signs of stopping.
Read the full article at FullyCrypto: https://fullycrypto.com/crypto-com-increases-staking-requirements
The trustee for the QuadrigaCX exchange has revealed a $141 million shortfall between customer claims and remaining funds. In the latest update on the status of the collapsed exchange, EY stated that they had received claims totaling $171 million while the amount of money available to creditors is only $29.8 million. The reason for the discrepancy is likely to have been the fact that now deceased founder Gerald Cotten traded with customer funds, losing millions in the process.
Read the full article at FullyCrypto: https://fullycrypto.com/quadrigacx-trustee-reveals-141-million-shortfall
Bitcoin pumps hard and then it dumps harder. Everyone knows the story, and indeed this volatility is why many have stayed away from the cryptocurrency sector altogether. Since Bitcoin’s first recognized bull run and subsequent dump in 2011 the pattern has repeated three times, but there is a sense that this time round things could be different, that we may have entered what Dan Held called a Bitcoin super cycle. What’s different about this current run, and what could it mean for Bitcoin’s future?
Read the full article at FullyCrypto: https://fullycrypto.com/the-bitcoin-dump-is-it-really-inevitable
TRON founder and CEO Justin Sun has claimed that there is “no merit” to a string of damaging accusations made by three former employees. Lucasz Juraszek, Richard Hall, and Cong Li were among 18 current and former employees of Sun’s TRON company and its subsidiaries interviewed by The Verge website, who were hoping to get an insight into the man who is reviled by so many within the cryptocurrency space. They duly got what they wanted, with the interviewees laying into Sun as a person and his management style, and laying into the merits of the TRON project.
Read the full article at FullyCrypto: https://fullycrypto.com/tron-founder-justin-sun-denies-accusations-by-ex-employees