The Dogecoin Foundation has been reestablished with “a renewed focus” to accelerate the development of Dogecoin. Among the foundation’s advisers are Ethereum co-founder Vitalik Buterin and Jared Birchall, the manager of Tesla CEO Elon Musk’s family office. Dogecoin Foundation Relaunched The Dogecoin Foundation has been reestablished “with a renewed focus on supporting the Dogecoin ecosystem,…
Crypto Exchange Liquid Hacked, Loses Millions in Various Currencies
Japanese cryptocurrency exchange Liquid is suspending deposits and withdrawals after a security breach resulting in the loss of around an estimated $80 million in digital assets. The platform published the suspected hacker’s addresses and said it’s moving funds to cold storage. Hacker Hits Japanese Crypto Exchange Liquid Asian cryptocurrency exchange Liquid Global has confirmed it…
According to New Analysis Bitcoin could see BTC price ‘double bubble’ top in 2021
The “Bitcoin Bubble Index” strongly suggests that another local BTC price high will occur this year. According to new data, Bitcoin (BTC) is in the midst of a “double bubble” and will reach two price peaks this year. BTC Price Gears Up for the Second Peak The question of whether Bitcoin’s 2021 bull run will…
Nigerian Central Bank Freezes Bank Accounts of Fintech Firms, Accuses Them of Violating Forex Regulations
The Central Bank of Nigeria (CBN) reportedly frozen bank accounts belonging to four fintech firms for up to 180 days after a Federal High Court in Abuja acceded to an “ex parte motion.” The ex parte motion, which is a form of temporary suspension, was granted after a Nigerian chief, Micheal Kaase Aondoakaa, filed the…
This Year, The Second Largest US Mortgage Lender will Accept Cryptocurrency Payments
United Wholesale Mortgage CEO Mat Ishbia announced plans to accept cryptocurrency payments starting with Bitcoin this year during a conference call about the company’s second-quarter earnings. The Second Largest US Mortgage Lender will accept Cryptocurrency Payments United Wholesale Mortgage (UWM), the second-largest mortgage lender in the United States, plans to accept cryptocurrency payments starting with…
Survey Shows 3 in 4 Crypto Investors Turned a Profit Investing, Crypto Represents 12% of Millennial Portfolios
Digital currencies have seen significant gains in 2021 jumping 154% in value since January 1. On August 18, Cryptovantage published a study that shows 3 in 4 crypto investors said they had made money on their crypto holdings and cryptocurrencies represent 12% of the average millennial portfolio. 3 in 4 Digital Currency Investors Have Profited…