Cryptocurrency investors may proceed with a class action lawsuit against Chase Bank, after a New York federal judge decided against the bank’s motion for dismissal. Originally filed in April 2018, the plaintiffs accuse the bank of charging undisclosed fees by categorizing their crypto purchases as cash advances, which are far more expensive than standard credit card purchases. The situation persisted for 10 days, with the bank simply blocking cryptocurrency transactions afterwards.
If you’re planning a double-spend attack on Bitcoin, you’d make more money investing in lottery tickets. New research indicates that the Bitcoin (BTC) network is now more secure than ever before.
Analysts from crypto-asset investment firm ID Theory have calculated that Bitcoin’s Proof-of-Work Equivalent Days – which measures the resilience of PoW blockchains- hit a record high in late June, following seven months of near-uninterrupted growth.
Binance is in for a rocky couple of months as it prepares to restrict access to U.S. citizens. Although an American subsidiary is on the way, removing the world’s largest economy is bound to affect the exchange’s order books, especially for smaller-cap coins with a strong U.S. following.
Zilliqa has a bearish short-term outlook, with the cryptocurrency still trading below its 200-period moving average on the four-hour time frame.
Bitcoin Cash has a neutral short-term trading bias, with the BCH / USD pair testing towards its 200-period moving average on the four-hour time frame.
Monero has a bearish short-term outlook, with the cryptocurrency still trading well-below its key 200-period moving average on the four-hour time frame.
Today marks the second anniversary of the User-Activated Hard Fork, which split the Bitcoin community into two competing currencies. While there have been many forks since then, none have been as successful or long-lived as Bitcoin Cash (BCH).
Looks like Donald Trump has found another source of income. Users of the Brave browser can now reward content creators over Twitter, with tips dispensed in the Basic Attention Token (BAT). With nearly 63 million followers, the American President is only a few offensive tweets away from paying off the national debt.
If your data were exposed by the Equifax breach, it may already be too late to claim your payout. Victims of the hack are unlikely to see the $125 which the company promised as part of its settlement, due to the sheer number of claimants.
In a surprisingly informal message to consumers yesterday, the Federal Trade Commission advised American consumers to stick with the consolation prize:
Bitcoin.com, the leading advocate for Bitcoin Cash (BCH), has announced plans to launch a new centralized cryptocurrency exchange. The promised features include user-friendly interface, easy navigation, high-liquidity and a powerful matching engine.
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