Darknet Markets Keep Shipping as Shoppers Shun the Streets

These are strange times for crypto. While it’s blood in the markets, it’s business as usual on the darknet, where marketplaces are seeing a steady inflow of cryptocurrency. They’re also seeing an inflow of new users as the repercussions of the coronavirus pandemic make online commerce the safest way to shop. Also read: Darknet Markets … Read more

Crypto Exchanges Overwhelmed on Bitcoin’s Most Volatile Day of the Year

Binance chief Changpeng Zhao referred to it as “Bloodbath day,” and many in the cryptosphere will echo those sentiments, as fallout from the COVID-19 pandemic reverberates through global markets. As crypto exchanges were thronged by frantic traders looking to capitalize on – or seek refuge from – the unprecedented market dump, several platforms buckled under … Read more

Market Update: Global Economy Jolts Bitcoin, Overall Crypto Cap Loses $50B

Cryptocurrency markets are feeling a lot of pressure on Thursday, March 12, as the entire cryptoconomy has lost over $50 billion during the last three days. Digital asset prices dropped to the lowest levels since May 2019. Moreover, on five derivatives exchanges, more than $2.2 billion leveraged positions were liquidated in the last 24 hours. … Read more

Crypto Embraces VR as Virtual Conferences Replace Physical Events

Remote bitcoin events have been boosted by the postponement or cancellation of real world crypto conferences due to the coronavirus outbreak. With many employees now working from home where possible, firms have begun switching to virtual meetings, prompting renewed interest in VR equipment and hinting at the decentralized future of crypto meetings and events. Also … Read more