China crypto crime: Still ‘top ranked’ for illicit activity but crime is falling

A new report from Chainalysis has found that while China’s share of global criminal crypto flows has been falling since the third quarter of 2019, the country still represents a disproportionate amount of money laundering and scam activity. In its August 3 Cryptocurrency and China report, Chainalysis stated that more than $2.2 billion worth of …

Square’s value could 5X thanks to Afterpay deal: Pomp

Morgan Creek Digital co-founder and Bitcoin proponent Anthony Pompliano thinks Square’s value could increase to $1 trillion following the firm’s acquisition of Afterpay. Square, headed up by CEO Jack Dorsey, this week announced its acquisition of the Australian buy now pay later (BNPL) business for $29 billion on the same day it reported $2.7B in …

Top Shot to sell exclusive NFT moments at live basketball games

NBA Top Shot, the popular pro-basketball NFT collectibles from Dapper Labs, will sell exclusive tokens at NBA Summer League games scheduled in Las Vegas for next week. The tokens will be the first Top Shot NFTs, dubbed “moments,” made available for exclusive purchase from a physical location and they mark the first time that moments …

Pantera boss: Upcoming Ethereum catalyst could cause ETH to outperform Bitcoin

Dan Morehead, the Chief executive officer of Pantera Capital, an American hedge fund that focuses on crypto investments, has said that Ethereum could outperform Bitcoin in the near future. He made this disclosure during a recent interview with Reuters. Ethereum holds enormous potential According to Morehead, Ethereum’s potential, plus the number of applications that run …

Survey Shows 40% of US Crypto Owners Forget Their Password, 20% Write Passwords on Paper

According to a recent study on crypto asset storage and passwords, a survey that polled over 1,000 digital currency owners shows 39.7% have forgotten their passwords. The study produced by cryptovantage.com indicates that users unable to recover their passwords lost an average of $2,134. Survey Polls 1,000 US Crypto Owners, Respondents Invest $7,245 on Average …

Porsche to Sell Exclusive Design Sketch as Non-Fungible Token

Porsche has announced its first NFT auction following the recent launch of the token-based Fanzone platform. The German high-performance car maker will sell a unique design sketch as part of the pilot project. The proceeds will be used to fund a noble cause. Porsche to Auction NFT of New Design by Peter Varga German sports …

Finder’s Experts Predict Dogecoin Price Should Hit $1.21 by 2025 and $3.60 by 2030

A panel of experts has shared their price prediction for dogecoin for the end of the year as well as in 2025 and 2030. Individually, the experts are divided on the future price of the meme cryptocurrency. Some noted that the price of dogecoin is heavily dependent on Tesla CEO Elon Musk promoting it. Experts …

Payments Giant NCR Acquiring Libertyx to Offer Complete Crypto Solution

NCR Corp., a global leader in ATM software applications, has announced that it is acquiring Libertyx, the crypto company that claims to be “America’s first and largest network of bitcoin ATMs, cashiers, and kiosks.” NCR Acquires Libertyx NCR Corp. (NYSE: NCR), a leading enterprise technology provider, announced Monday “a definitive agreement to acquire Libertyx, a …

CryptoPunks clone PolygonPunks booted from OpenSea marketplace

Leading NFT marketplace, OpenSea, has delisted the successful Polygon-based copy of CryptoPunks, Polygonpunks. According to screenshots of the marketplace taken shortly before the NFT collectibles were removed, PolygonPunks had emerged as the second-most popular collection on OpenSea by volume with roughly $37,000 worth of trade in 24 hours. With upset users vocal on social media, …

Google running crypto ads again as new policy goes into effect

Google is running crypto ads again after its updated financial products and services policy went into full effect on August 3. The multinational giant banned crypto and Initial Coin Offering (ICO) related advertisements back in June 2018, and the updated policy allows regulated crypto entities to market their services once again. ICOs have been left …

This key Bitcoin price indicator shows pro traders buying each dip

Bitcoin (BTC) might have failed to sustain the $42,000 support, and for many, this is a slightly bearish sign. Interestingly, the downward move occurred shortly after Saudi Aramco, KSA’s largest oil exporter, denied claiming to start mining Bitcoin. Top traders at exchanges seized the opportunity to add leverage-long positions, a clear bullishness indicator. Furthermore, margin …

Crypto Analyst Predicts Massive Ethereum Breakout, Forecasts New Bitcoin All-Time High by November

A prominent crypto analyst says that he expects both Bitcoin and Ethereum to put up stellar performances toward the end of the year. The crypto strategist, known in the industry as Inmortal, tells his 56,100 Twitter followers that Ethereum is poised to ignite a strong rally against Bitcoin (ETH/BTC) and surge as high as 0.11 …

Breaking: BSV reportedly suffers ‘massive’ 51% attack

Bitcoin SV (BSV) has reportedly suffered a “massive” 51% attack beginning around 11:45 am Tuesday, resulting in up to three versions of the chain being mined simultaneously. Analytics provider Coin Metrics confirmed Tuesday afternoon that its FARUM risk management platform had identified the 51% attack. FARUM has identified a 51% attack today on the BSV …

Bitcoin Price Prediction: BTC/USD Nosedives Below $39,000

Bitcoin Price Prediction – August 3 Today, the Bitcoin price loses traction after hitting $39,785; losses likely to continue in the near term. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $44,000, $46,000, $48,000 Support Levels: $34,000, $32,000, $30,000 BTCUSD – Daily Chart Buy Bitcoin Now Since the past few days, traders can …

El Salvador effect: Spain considers allowing mortgage payments in crypto

According to 20 Minutos, a Spanish newspaper group, lawmakers in the country are considering a proposal enabling mortgage payments with crypto. The Digital Transformation Law would also include a raft of other measures to legitimize crypto, blockchain, and artificial intelligence technologies. Including tax incentives for firms operating within these sectors. Spain looks to crypto for …

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