Cryptocurrency News


Lukashenko

How Lukashenko's re-election will affect crypto?

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Immediately after the re-election of the incumbent President of Belarus Alexander Lukashenko, a wave of rallies swept across the country. Residents of the country protested against the election results and accused the authorities of falsifying the ballots. However, many crypto experts believe that...

Bitcoin

Bitcoin hashrate recovers after a sharp drop last week

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Computing activity on the bitcoin network has begun to recover after falling last week. On Tuesday, August 11th, BTC hashrate exceeded 124.6 exahsh per second (EH/s), the highest since the end of July. The hash rate dropped to 119.8 EH/s last week. Despite small fluctuations, in general, throughout...

Coinbase

Coinbase Increases ETC Deposit Confirmation Time To 2 Weeks

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The Ethereum Classic (ETC) network had two 51% attacks in a week. In this regard, the Coinbase cryptocurrency exchange has increased the confirmation time for ETC deposits to two weeks. Currently, 80,640 confirmations are required to deposit ETC on Coinbase. Most of the coins supported by Coinbase...

Court

Bittrex and Poloniex on trial for market manipulation

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Representatives of cryptocurrency exchanges Bittrex and Poloniex on Friday, August 7, filed a motion with the federal district court for the Southern District of New York. Lawyers are asking the court to move on to a class-action summary judgment alleging that exchanges, along with Tether and...

CoinDCX

CoinDCX allies with Binance to start crypto staking platform

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CoinDCX became the first major Indian cryptocurrency exchange will add support for cryptocurrency staking. CoinDCX currently supports the staking of three coins: Harmony (ONE), QTum (QTUM), and Tron (TRX). Sumit Gupta, co-founder and CEO of CoinDCX, said that ONE, QTUM, and TRX had annualized...

Dan Morehead

Pantera Capital Founder: BTC has chances of rising to $100K

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Pantera Capital founder Dan Morehead is part of the so-called bitcoin bull camp. He periodically makes predictions that the largest digital currency will be able to achieve great results this year. In 2021, the likelihood of a new leap is high. BTC can reach $ 100,000 or even exceed this...

China

Chinese banks start testing service for storing digital yuan

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Several Chinese state-owned banks have begun testing a digital yuan storage and transmission service (CBDC). According to Reuters, the crypto wallet is being tested in major cities of the Middle Kingdom, including Shenzhen. Earlier it became known that the People's Bank of China has completed the...

Monero

Monero to release a guide to listing anonymous cryptos

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The Monero cryptocurrency community (XMR) and privacy protocol developers at Tari Labs are preparing a guide for exchanges on working with privacy-oriented cryptocurrencies. The publication of the document, entitled "Fundamental Factors and Regulation of Cryptocurrencies with Support for...

2gether

Spanish crypto startup 2gether lost €1.2 million

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Spanish crypto startup and payment card issuer 2gether will not be able to pay off € 1.2 million in debt to users that were hijacked by hackers on Friday, July 31st. On Sunday, August 2, the startup team announced that they could not find the indicated amount (26.79% of 2gether's total funds)....

BTC

Bitcoin Core 0.20.1 minor update released

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On August 1st, Bitcoin Core 0.20.1 version was released, which contains a small number of modifications and improvements. The most significant changes concern peers that are sending invalid blocks. With Bitcoin Core 0.20.1, these users are not blocked, but marked as “not recommended nodes.”...

DeFi sector funds

The volume of assets in DeFi-protocols exceeded $4 billion

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The total amount of funds frozen in the services of the decentralized finance (DeFi) sector exceeded $4 billion. The most popular asset remains Maker, whose dominance index is over 30%. According to the latest data, Maker accounts for $1.23 billion of all funds held in smart contracts, protocols,...

Twitter hack Graham Clark

17-year-old teen arrested on suspicion of Twitter hack

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US police have detained 17-year-old Tampa resident Graham Clark, accusing him of involvement in the recent attack on the social network Twitter and the fraudulent distribution of bitcoin. This was announced by the local television channel WFLA. Graham Clark is suspected of involvement in the attack...

Ethereum

ETH showed the best results in a day from the top 10 cryptos

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Over the past 24 hours, the largest altcoin ether (ETH) has performed the best among the top 10 cryptocurrencies, has risen in price by more than 6%. On Friday, July 31, the ETH rate came very close to $340, the capitalization of the digital currency now exceeds $37.8 billion. The last time...

Bloomberg

Bloomberg confirms: "BTC will reach $20K by the end of 2020"

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Back in early June, Bloomberg predicted that Bitcoin's upward movement will continue until the end of 2020. One of the analysts, Mike McGlone, stated that the cryptocurrency is going to be able to test the values ​​at the $ 20,000 level. Bloomberg released its monthly cryptocurrency review...

On digital financial assets law

Russian president signed law "On digital financial assets"

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President of Russia, Vladimir Putin signed the law "On digital financial assets (DFA)", which regulates the circulation of crypto coins in the country. It will enter into force on January 1, 2021. The law defines a digital asset (tokens and stablecoins) as a right to a monetary claim or...

MoneyGram Ripple

MoneyGram received $15 million from Ripple

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The money transfer service MoneyGram received $15.1 million in XRP from the fintech startup Ripple, according to the company's second-quarter report. Adjusted for mutual transactions, the amount of incentives received from the strategic partner is estimated at $6.3 million. In the first quarter,...

Genesis Global Trading

Circle partners with Genesis Global Trading

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Circle has partnered with Genesis Global Trading, a subsidiary of the Digital Currency Group (DCG), to develop a USDC stablecoin lending product. As part of the agreement, DCG is going to invest $ 25 million in Circle. The CENTER consortium, which includes Circle and the Coinbase exchange, is...

Cardano

Shelley fork activation didn't cause Cardano to update highs

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On July 29, as planned, the Shelley update was integrated into the Cardano network. Thus, the decentralization of the project has been completed, as previously stated by the leader of the altcoin development team, Charles Hoskinson. In the last few months before the fork was activated, staking was...

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