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At Cryptoknowmics, we aim to be the biggest media platform in the crypto niche and serve our readers with the latest news, updates and information in the crypto world.
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Tether Confronts Against “Consolidated Complaint” After Lawsuit Advances

Judge Katherine Failla of the US District Court of New York has been appointed as the interim lead counsel in “consolidated complaint” against New York-based iFinex, the parent company of Tether and Bitfinex Exchange. According to the website of Tether, the accusations related to the manipulation of markets through coin...

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Ransomware Swallows Up $140 Million, According To FBI

In the RSA Security Conference(San Francisco) of 2020, Joel DeCapua, the special agent at FBI explained that cyber victims had paid the ransom around $140 million against the attacks of ransomware on bitcoin wallets. $140 Million Loss As Ransomware Payments FBI analysed the data of the last six years shared...

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After Bitcoin SV's 25 surge

Bitcoin SV was predicted to break out of a symmetrical triangle pattern. The price was supposed to collapse by 5 to 7%, however, it slid by 16% pushing the price from $205.58. This was unprecedented to a certain level and was mainly due to bitcoin's brutal collapse that lasted for...

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Litecoin begins its surge, short-lived rally or more upside?

In its early days, Litecoin was more dearly known to be silver while bitcoin as gold. That narrative for Litecoin seems to be fading as time passes, while bitcoin holds its. This is due to bitcoin and how it was the first innovative product that started cryptocurrency as we know...

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OKEx and Bitfinex Crypto Exchanges Hit By DDoS Attacks

Distributed Denial-of-Service(DDoS) attack threatened two significant cryptocurrency exchanges in one day. The cryptocurrency exchange OKEx has been targeted in the night of February 27, 2020, while another major exchange, Bitfinex, seemed to be hit in the morning of February 28, 2020. Malicious Web Of DDoS Attacks According to Jay Hao,...

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Jiang Zhuoer- Bitcoin Halving Would Lead to a Bitcoin Bull

According to the founder of top cryptocurrency mining pool BTC.Top, Jiang Zhuoer, the upcoming bitcoin bull could very well be the last that can be immaculately predicted. Zhuoer believes that the upcoming block reward halving would spark a bitcoin bull, which would reduce it from 12.5 BTC per block to...

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Roger Ver Strikes Hard On Bitcoin Maximalists

Digital currencies have emerged as an effective way to cut the expenses and all the difficulties that came while dealing with banks using traditional currencies. Besides that, cryptocurrencies such as Bitcoin have become viable options for opposing government authority on money circulation. However, Bitcoin is not the only crypto asset...

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Japan's LINE Closed BITBOX in Singapore, launches BITFRONT in the US

Japanese messaging giant LINE closed down BITBOX, Singapore based crypto exchange and rolled out the BITFRONT, global platform based in the US. The new platform enables both fiat-to-crypto and crypto-to-crypto gateways. BITFRONT aims to attract potential investors from the United States by offering them higher liquidity. Major Shift of LINE...

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Kaspersky Launches a Blockchain-Based Voting System Called Polys

A platform which thrives on blockchain technology has been built by one of the world’s largest cybersecurity firm, Kaspersky, according to the reports from Verdict UK. Kaspersky Innovation Hub with the desire to develop an upgrade over the current existing voting platform has come up with their Polys project, which...

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Ethereum Classic Inks Deal With Chainlink On Oracles

Ethereum Classic Labs has recently, collaborated with Chainlink to introduce decentralized oracles and external data to the Ethereum Classic blockchain. The Ethereum Classic Labs has mentioned that neither Ethereum Classic nor Ethereum could natively interact with data that exists outside of their respective blockchains. It (Blockchain) could only process the...

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Singapore’s Fiat-crypto Platform Coinhako Restricts Withdrawals After Invasion

Coinhako has reset passwords and two-step verification of all of its accounts although the withdrawal of funds is still not allowed for its users. Coinhako is Asia’s one of the largest cryptocurrency exchanges that have been hacked this week. After the hack, the exchange has temporarily frozen withdrawals of funds...

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China-based Bitmain Reveals Two High-Speed Bitcoin Miners

Yesterday, Bitmain, a mining rig manufacturer from China, declared the release of two new Antminer models under S19 series that processed within the range of 95 to 110 TH/s. This model from Bitmain with 29 joules per terahash (J/TH) and 110TH/s was 24 trillion hashes per second quicker than the...

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Litecoin Foundation Partners With MeconCash To Integrate LTC On M.Pay

As per the announcement by the Litecoin Foundation, on February 27, 2020, it has collaborated with South-Korean cryptocurrency company MeconCash, to integrate Litecoin on its payment platform. With the help of this service, the users could exchange LTC for Korean Won (KRW) at more than 13000 ATMs in South Korea....

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Agriledger Builds Blockchain System To Help Haitian Farmers

Agriledger, a startup from the United Kingdom, has built a blockchain system that helped farmers belonging from Haiti to sell their products at reasonable prices. This blockchain system fostered trust among both parties that were involved in the transaction, leading to better goods for consumers and a reasonable income for...

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Another $1.3 Million HUSD Minted By Huobi Exchange

Huobi is aggressively trying to come forward in the Tether led stablecoin race. A recent event of the exchange minting another 1,300,000 Huobi USD, supports the statement very well. Competition in the stablecoin market is increasing day by day with exchanges like Huobi getting involved by ramping up HUSD issuance....

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Randstad Explores Blockchain To Find Appropriate Candidate For Companies

Presently, the largest human resources firm of the world, Randstad, has been testing a combination of Cypherium blockchain and Google Cloud to find better match talent for the corporate sector according to their needs. A Study By Randstad A blog by Randstad stated that with the help of blockchain they...

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House of Representatives to Discuss Blockchain Soon

Blockchain and cryptocurrencies are revolutionizing the way corporations both big and small are functioning, and its popularity keeps increasing day by day, it has also now come to the attention of the government. So much so, that a meeting is going to be held next week by the U.S. House...

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Federal Reserve Rate Cuts Can Defeat Post-Halving BTC Inflation

According to many traders, in order to compete with Bitcoin (BTC) post-halving, US Federal Reserve might cut its interest rate target. Wall Street traders believe that the Fed may cut the rates for boosting the economy over coronavirus, reported Reuters on Feb 28. Cuts Could Reach 0.75% By September It is...

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