XRP TipBot comes back online after a tiny downtime; Nothing to be worried about, says Wietse Wind

XRP TipBot’s website and the corresponding application suffered a downtime on June 23, 2019 for a few hours, during which the application wasn’t showing the balance of users. The website and the API for TipBot instead, displayed a “500 Internal Error.” A Twitter user, @BlueNETGaming, tweeted Wietse Wind, inquiring the same. Wind confirmed that it […]
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Source: AMB Crypto

Tron Weekly Report: Tron catches up to Ethereum’s transaction count as BitTorrent Speed launch looms

The Tron community rejoiced after the TRX token surged by 6% over 24 hours to re-enter the list of the world’s top-10 cryptocurrencies on CoinMarketCap. At press time, TRX had a market capitalization of $2.57 billion. Justin Sun, CEO of Tron Foundation, also announced on Twitter that TRX perpetual contracts had been launched on BaseFEX […]
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Source: AMB Crypto

BaseFEX launches Tron [TRX] perpetual contracts

Justin Sun today announced the listing of Tron [TRX] perpetual contracts on BaseFEX, a cryptocurrency derivative exchange, via his official handle. He tweeted, #TRX is now available on @BaseFEX, $TRX perpetual contracts is launched on BaseFEX futures exchange. #TRON pic.twitter.com/bTPyB9jIn3 — Justin Sun (@justinsuntron) June 24, 2019 The price of the index would be derived from […]
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Source: AMB Crypto

Tron celebrates its second year of Independence as it continues to BUIDL a Decentralized Web

Tron [TRX] – Love it or Hate it, but you can’t ignore it When the entire market was enjoying a bull run in December 2017, John McAfee, a well-known influencer, endorsed a new cryptocurrency in the market, commenting that it was a “long-term Hodl.” A year down the line, the project has launched its own […]
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Source: AMB Crypto

Facebook’s Libra finds itself in the crosshairs of the Central Bank of Central Banks

It’s been a week since Facebook’s entry into the cryptocurrency and payments world was announced. Since then, a lot has happened. From the Libra lead, David Marcus, talking about shared internal governance control over the cryptocurrency, to the regulatory uncertainty the crypto may face with politicians around the world taking a shot at the it, […]
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Source: AMB Crypto

Increasing prices of cryptos followed by flurry of scams

As the prices of cryptocurrencies soar high, the number of scams around the coins has also seen a drastic increase. Binance, the largest cryptocurrency exchange in the world through their academy program tried to spread some awareness about the crypto thefts taking place in the space. One particular medium highlighted by the report was Sim […]
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Source: AMB Crypto

Positive sentiment for Bitcoin grows following Libra unveiling

Libra, Facebook, and Bitcoin were undoubtedly the three most trending words even after a week of the announcement. Besides, the king coin’s monumental rise, breaking past a short-lived $11k, was also attributed to the unveiling of Facebook’s project. According to a recent elaborate series of tweets by the New York-based “The Tie”, a platform for […]
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Source: AMB Crypto

Bitcoin: Does speculative trading of BTC equate to adoption? This Bitcoin enthusiast begs to differ

Bitcoin has matured over the course of 10 years, it has converted a lot of skeptics to (if not believers, at least) being open towards having a rational approach towards it in the recent days, including, Warren Buffett, Jamie Dimon, etc. In addition, the government has come to accept that Bitcoin cannot be banned altogether, […]
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Source: AMB Crypto

Facebook’s Libra copied Hedera’s governance model?

Another day, another controversy as Facebook ostensibly gets embroiled in controversies every passing day post its contentious announcement of the Libra project. The recent one involves a full page advertisement on the Wall Street Journal and a tongue-in-cheek short note directed towards the social media giant, The advert read, “Thank you facebook Libra. Imitation is the […]
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Source: AMB Crypto

Tether tops the list on institutional usage despite ongoing backing irregularities

No matter which way you look at it, Tether will always occupy center stage while Bitcoin is in the limelight following its price surge. With the collective community noticing a trend in the market capitalization of USDT and the price rise of BTC, coupled with the slew of controversies surrounding the stablecoin, one key part […]
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Source: AMB Crypto

Cardano falls by over 3% in an hour; EOS, XRP follow suit

As Bitcoin pumped, it took most alts with it. However, when BTC falls, it also takes other cryptocurrencies with it, as it can be seen in the vermilion market, at press time. Cardano [ADA], XRP, and EOS were seen tumbling down within an hour, as Cardano emerged as the biggest loser by falling over 3% […]
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Source: AMB Crypto

Bitcoin: Would you rather HODL Bitcoin or trade? ex-CTO of Coinbase opines on investing in cryptos

With the inception of Bitcoin and the advent of altcoins, there has never been a good chance to make quick money by simply investing. The last time such an opportunity was seen during the DotCom bubble. However, scams are also a part of this opportunity which became more than evident during the ICO frenzy of […]
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Source: AMB Crypto

Bitcoin’s price surge could be due to institutions accumulation, but users speculate something shady

Bitcoin’s price jumped from $10k to $11k within a few hours and the entire market has been preparing for the coin to hit $20k next. However, the activities behind the pump of the king coin have raised concerns for investors and the crypto community. As Bitcoin’s price started to approach $10k, Tether Treasury minted almost […]
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Source: AMB Crypto

Bitcoin bulls swing price of its fork coins and Ripple’s XRP

The latest surge propelled by an increase in Bitcoin futures contract drove the cryptocurrency market to post gains this week, with digital currencies breaching previously set resistances. At press time, the collective market cap stood at $326.8 billion. XRP: Market Capitalization: $20.3 billion XRP rose to a price of $0.47 after rising 5.84% over the […]
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Source: AMB Crypto

Large-scale crypto assets under management seek custodial refuge in exchanges not wallets

With the cryptocurrency industry riding a massive bullish wave as Bitcoin, after 15-long months, broke the $10,000 mark, the question of safety has once again surfaced. Large Assets under Management [AUM] or those accounting for in excess of $25 million in funds are opting for exchanges over hot and cold wallets for their protection. This […]
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Source: AMB Crypto