Bitcoin on Course to Drop Below $10,000, Says Peter Schiff
By Kofi Ansah
Schiff added that the selloff in the crypto markets this year was a clear reflection of a massive “pump and dump”.
Cryptocurrency news
Stay up to date and explore the latest news stories about cryptocurrencies including price forecasts, expert analyses and much more we know about cryptos 
Madrid to Host World’s Biggest Virtual Reality Event
By Kofi Ansah
The Guinness World Record for most people using virtual reality currently sits at 1,867 participants and was recorded back in 2017, when the metaverse did not exist.
Payment Startup Strike Launches Visa Card to Give Real World Returns
While Strike may be the latest blockchain-based startup with a collaboration to offer crypto rewards through a Visa card, it is certainly not the first to trail this path.
Cronos-based NFT Platform Minted Launches, Inks Partnership with Crypto.com
By John K. Kumi
As required by the agreement, all secondary trades of Cronos-based NFTs sold on Crypto.com would be facilitated by Minted.
Huobi Founder to Sell Majority Stake at $3B Valuation, Bankman-Fried, Sun Show Their Interest
Huobi investors, including ZhenFund and Sequoia China, were made aware of the founder’s intentions at a shareholder meeting in July.
Binance Helps Recover $450K from Siphoned Curve.Finance Hack
CZ affirmed that the recovered funds represent about 83% of the total stolen funds, and the exchange is currently cooperating with law enforcement agencies to help return the stolen amount.
dYdX Blocks Accounts Associated with Tornado Cash in Compliance with OFAC Sanctions
dYdX explained that the sudden influx of flags affected many account holders that do not have directly engaged with Tornado Cash.
Crypto Derivatives Volumes Rose by 13% in July to Reach $3.12 Trillion
There are at least three reasons why crypto derivatives trading volumes are on the rise.
Ethereum Mainnet Merge to Happen Earlier than Expected
As per the data of block times and total terminal difficulty (TTD), the Merge upgrade will likely happen before the scheduled date of September 19.
After WazirX, India’s Law Enforcement Probes Crypto Exchanges for Alleged Money Laundering
India’s Enforcement Directorate is investigating several crypto exchanges, in addition to WazirX, for aiding to launder money for the accused firms with China link.
Latest Cryptocurrency news
For the average millennial or at least anyone that pays attention to the business world, the term “cryptocurrency” would not seem like such a strange word. If that is, then the terms Bitcoin, Ethereum or at least Blockchain should ring a bell. One might wonder, why are these terms suddenly so prevalent, especially cryptocurrency news? Computing is getting rather pervasive and the society is leaning towards digital services. The finance world too isn’t spared as the disruption of technology into this sector has fostered the birth and development of Fintech organizations.
These Fintech organizations look to digitize payments and transactions, offering the same services that are currently in existence but in a better, efficient and more effective way.
What is Blockchain?
Blockchain is the network upon which most of these cryptocurrencies operate on. The history of blockchain and bitcoin, in particular, does not have a definite story. In 2009, an individual or group of individuals known to be “Satoshi Nakomoto” developed and published the technology to allow people make digital payments between themselves anonymously without having an external party to verify or authorize the transfer of the currency being exchanged.
How does Blockchain work?
Although technologies like this might seem rather complex, understanding how Blockchain works is quite easy, given that one has a basic idea of how networks work. Blockchain is simply a database shared between several users, containing confirmed and secured entries. It is a network, where each entry has a connection to its previous entry.
This technology affords a very secure model whereby every record in the database cannot be tampered with. Apart from the stellar security that this network offers, the transparency and speed at which the network operates give it an edge over the conventional way of conducting transactions.
What are Cryptocurrencies?
In simple terms, cryptocurrencies are just monies in digital form, transacted via digital means and over a digital network. The transfer of these currencies is utilized with cryptography and the aforementioned blockchain network. Up until the 2010s, cryptocurrencies were not really known until Bitcoin made its breakout and this gave rise to the birth of new cryptocurrencies.
What does the future hold for Blockchain and Cryptocurrency?
Cryptocurrencies have had their fair share of bullish and bearish trends, going to show how unstable they can be. The latest cryptocurrency news reports lots of people predicting prices for various cryptocurrencies in the years to come but no-one can say for sure.
Blockchain, on the other hand, is making its way into pervasive computing, especially IoT, giving way for the development of new solutions that embrace data security and transparency.
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