Bitcoin’s price may remain dormant before halving but research suggests coin to peak after

It’s no secret that Bitcoin halving is supposed to take place in 2020 and according to several experts, price is expected to rise right before the halving, as it happened before its first and second halving in 2012 and 2016, respectively. However, this might not be true. According to research by Strix Leviathan, there was “no […]
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Source: AMB Crypto

London Police arrests a teen on suspicion of stealing unreleased music and selling it for cryptocurrencies

City of London Police Intellectual Property Crime Unit (PIPCU) and Manhattan D.A’s office arrested a suspected hacker for allegedly hacking into a world-famous recording artist’s websites and cloud-based accounts illegally. The suspected hacker allegedly stole the artist’s unreleased songs and sold it in exchange for cryptocurrencies according to a report by the official PIPCU website. […]
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Source: AMB Crypto

BNY Mellon Appointed as transfer agent & administrator for Bitwise’s Bitcoin ETF

BNY Mellon has been authorized to be the transfer agent and administrator of Bitwise Asset Management’s proposed Bitcoin exchange-traded fund. As of December 2018, the New York-based bank had over $33 trillion in assets under custody and has been involved in cryptocurrency and blockchain before. According to Tom Casteleyn, BNY Mellon’s global head of custody […]
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Source: AMB Crypto

Ripple’s Brad Garlinghouse: Nobody is in a position to manipulate XRP prices

On the 12 September 2019, Ripple’s CEO, Brad Garlinghouse, was interviewed on CNN International by Julia Chatterley on her show, First Move. During the interview, Garlinghouse said Ripple is seeing more momentum than ever with regard to people using XRP to make transactions. He also mentioned how people speculate on different asset classes and that […]
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Source: AMB Crypto

Coinbase’s Head of Institutional Sales in Asia hints at IEO platform in the works

Kayvon Pirestani, Head of Institutional Sales in Asia for Coinbase, made news after during a conference he said that the exchange may soon launch a proprietary token of its own. Pirestani added that an IEO platform is one of the many tools being explored by Coinbase for capital formation. He said, “We think there’s a […]
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Source: AMB Crypto

Bitcoin Lightning Network developers confirm exploitation of vulnerabilities on the network

Previously in August, an Australian coder for Bitcoin’s Lightning Network, Rusty Russell, had warned users about security issues in Lightning projects, issues that might lead to a loss of funds. He had then urged the network’s node operators to update their software. In a recent update, developers of the Bitcoin Lightning network confirmed that the […]
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Source: AMB Crypto

Vulnerability in Facebook’s Libra identified and patched after security firm’s revelation

Blockchain infrastructure security firm, OpenZeppelin, has revealed a vulnerability in the Libra open-source scripting language, Move, which would have enabled hackers to take control of smart contracts on the network. The Move language has the ability to define custom resource types, wherein a resource cannot be copied or deleted, but only moved between storage locations. […]
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Source: AMB Crypto

BitPay in troubled waters once again as Hong Kong Free Press alleges suspension of fund transfers without notice

US-based cryptocurrency payment processor, BitPay, has time and again gotten itself into troubled waters over several issues. In what is the latest salvo against the firm, Tom Grundy, Founder and Chief Editor of the media outlet Hong Kong Free Press, has alleged and highlighted BitPay’s incompetency to process funds, specifically donations that it has been […]
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Source: AMB Crypto

Coinbase announces Bootstrap Fund to help support DeFi protocols

With the creation of the USDC stablecoin, Centre Consortium including Coinbase and Circle had strengthened their hold over stablecoins in the volatile market. Coinbase has now stepped up its efforts to encourage growth in the Decentralized Finance (DeFi) space after it announced the USDC Bootstrap Fund for supporting DeFi protocols. Here, the exchange will be […]
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Source: AMB Crypto

Blockstack’s SEC-approved token offering raises $23 million

US-based blockchain startup, Blockstack PBC, is in the news after it announced that it had raised about $23 million in an SEC-approved token offering, making it the first to run a token offering under regulation A+. Blockstack shared the update with the community via a blog post which suggested that over 4,500 people and entities […]
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Source: AMB Crypto

Coinbase appoints NerdWallet’s ex-COO as VP of Business and Data

San Francisco-based Coinbase was in the spotlight recently after a CoinMetrics report revealed that it had progressively improved its market share in BTC-USD trading volumes, a share which grew from 24 percent to 32 percent. In yet another step meant to build on the exchange’s standing in the market, Coinbase has hired Dan Yoo for […]
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Source: AMB Crypto

Coinbase leads Bitcoin-USD trading volumes; Binance dominates BTC-USDT trading charts

The importance of exchanges is significant in the industry. Without the presence of these crypto-institutions, the distribution of assets would not be possible. However, the high concentration of any digital currency on a single exchange calls for potential risk which could surface in an event of a hack or cyber-theft. A recent report released by […]
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Source: AMB Crypto

Ethereum: ProgPoW high level design goals are reasonable towards achieving its intended economic effect

Programmatic Proof-of-Work aka ProgPoW is undoubtedly one of the most discussed topics in the Ethereum community. The protocol proposed by developer team, IfDefElse, is a GPU-tuned extension of ETHash and its main purpose is to reduce the control of ASIC miners on the network by making graphic cards more competitive. This protocol was introduced to […]
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Source: AMB Crypto

Bitcoin may dominate financial space; won’t just be an asset for the dark web, claims Michael Goldstein

Anthony Pompliano is well known in the crypto-community as a massive Bitcoin proponent. In the latest episode of his Off The Chain podcast, Pompliano interviewed Michael Goldstein, President of the Satoshi Nakamoto Institute. The pair discussed the current state of Bitcoin and how it has progressed over time, for everyone in the community. Goldstein stressed […]
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Source: AMB Crypto

MintDice: The Bitcoin Casino with Risk-Free Investment Opportunities

MintDice, the crypto casino with a fair betting algorithm, is a forward-thinking platform focused on transforming how casino players enjoy their experience whenever they play. Operating in a transparent environment where trust is paramount and player satisfaction is guaranteed, every gamer at MintDice need not trust the house, but the algorithm, and are always in […]
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Source: AMB Crypto