What's happening in the crypto-community so far? Quick News!

in bitcoincash •  2 months ago

Bitcoin Cash vs. Bittrex

For those of us who are investing in Bitcoin Cash, I'm sure most of us have heard of the 51 percent attack where hackers stole millions of dollars in BTG from several exchanges. Bittrex has been demanding BTG to pay for the damages that the hackers had cause, but BTG stood their ground. Bittrex is currently in the process of delisting BTG from their site. https://bitcoinist.com/bittrex-delists-bitcoin-gold-after-failure-to-repay-252000-in-losses/


(ZDNet)

Changelly vs Monero

Changelly, a popular crypto-crypto exchange, withheld Monero (XMR) transactions after receiving some suspicious transactions. According to the Chief Operating Officer of Changelly, there has been many incidents where hacked/illegal-obtained coins were going through the system. From my personal opinion, it's a quick way to "clean" your crypto-money.
https://ambcrypto.com/monero-xmr-transactions-withheld-by-changelly-once-again-spokesperson-confirms/

Bitcoin???

Bitcoin lost over 10 percent within the last few days?! What's going on??? Billions of dollars were erased in an instant and has an effect on the overall crypto-market. While people are beginning to panic, I would suggest you to hold your ground and reinvest.

Kraken vs employees

I just heard about this particular news a few days ago and it was quite alarming. Apparently, the Kraken Exchange is laying off over 50 employees and there were rumors of a security breached. Of course, the exchange denies the rumors, but they did confirmed the 57 employees being lay off. For whatever reason, we do not know.

https://www.msn.com/en-us/news/msn/crypto-exchange-kraken-is-laying-off-57-employees/ar-BBMY3Lj
https://cointelegraph.com/news/crypto-exchange-kraken-denies-rumors-of-sudden-staff-layoffs-in-canada
https://www.financemagnates.com/cryptocurrency/exchange/breaking-kraken-ceo-confirms-firing-spree-in-halifax-57-staff-laid-off/


(Stephen Vanhorn/ThinkStock)

Venezuela and the Pedro

Venezuela is planning to create their own version of cryptocurrency called the Pedro due to the steadily increase of their economic decline. They claim that this would help them evade US sanctions and hopefully improve their economy. There are also rumors that Russia had decided to restructure Venezuela's debt as an "act" of kindness. https://money.cnn.com/2017/12/04/news/economy/venezuela-cryptocurrency/index.html


(FEDERICO PARRA / AFP/GETTY IMAGES)

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

You got a 100.00% Upvote and Resteem from @ebargains, as well as upvotes from our curation trail followers!

If you are looking to earn a passive no hassle return on your Steem Power, delegate your SP to @ebargains by clicking on one of the ready to delegate links:
50SP | 100SP | 250SP | 500SP | 1000SP | 5000SP | Custom Amount

You will earn 90% of the voting service's earnings based on your delegated SP's prorated share of the service's SP pool daily! That is up to 38.5% APR! You can also undelegate at anytime.

We are also a very profitable curation trail leader on https://steemauto.com/. Follow @ebargains today and earn more on curation rewards!

Congratulations @tntdabomb! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

Award for the number of upvotes received

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

SteemitBoard - Witness Update
SteemFest³ - SteemitBoard support the Travel Reimbursement Fund.

Support SteemitBoard's project! Vote for its witness and get one more award!

Me too i have big lose in bitcoin because i invest bitcoin in high price last year

·

If you're still thinking about reinvesting, it's a great time right now when the market is still in the lows. I usually invest long-term since short-term is a bit too hectic for me. Investing is like gambling, so only bet what you can afford to bet. Also, pay attention closely to the news because it can help you get a better prediction.

If you guys do alot of trading and are invested in bitcoin cash you should check out coinex exchange.. it pays 80% of the exchange fees to token holders and its primary trading pair is bitcoin cash - https://steemit.com/bitcoin/@jimbojones/coinex-exchange-pays-80-of-profits-to-token-holders-review-of-payment-system :)

You just planted 0.12 tree(s)!


Thanks to @tntdabomb

We have planted already 3486.21 trees
out of 1,000,000


Let's save and restore Abongphen Highland Forest
in Cameroonian village Kedjom-Keku!
Plant trees with @treeplanter and get paid for it!
My Steem Power = 39470.80
Thanks a lot!
@martin.mikes coordinator of @kedjom-keku
treeplantermessage_ok.png