Cryptocurrency News


cryptomom SEC donald trump

Cryptomom is nominated for second term as SEC Commissioner

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Known for her friendship with digital assets, Hester Peirce has been nominated by US President Donald Trump for a second term as Special Commissioner for the Securities and Exchange Commission. It is reported by Bloomberg. If she is approved by the US Senate, her term of office, which expires on...

USDC

Coinbase has reduced rewards for storing USDC stablecoins

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Coinbase has reduced the payment of charges for storing USDC by 88%. So far, Coinbase users have received 1.25% per annum; Since June 3, remuneration has decreased to 0.15%. Coinbase did not name the reasons for this step, but it follows similar actions by large banks - Bank of America, HSBC,...

Cardano

Cardano knocks out Tezos from top ten cryptocurrencies

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Altcoin Cardano (ADA) has fixed itself on the tenth line of the rating of the most comprehensive digital currencies according to the CoinMarketCap service. From this position, he knocked out a Tezos coin (XTZ), which for a long time, confidently stayed in the top ten. Today, Cardano's...

Stolen crypto

$1.4B in crypto was stolen in the first five months of 2020

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According to the forecasts of researchers from the company CipherTrace, 2020 will be a record year in the scale of crimes related to cryptocurrencies. The team published a report in which it drew attention to the fact that a little less than $ 1.4 billion in digital currency was stolen during the...

Petro

Venezuelan stations will sell preferential gas for Petro

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Venezuela has announced that gas stations nationwide will sell gas at a reduced price in exchange for the state-owned cryptocurrency Petro. However, the government immediately removed local subsidies for gasoline, as a result of which its price rose to $ 0.02 per liter. The new regime will allow...

Square Crypto grant Talaia

Square Crypto gave a new Lightning Network development grant

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Jack Dorsey's Square Crypto announced the allocation of another grant for the development of Bitcoin's Layer 2 network, Lightning Network's infrastructure. It was received by the Spanish developers' team Talaia, working on the service The Eye of Satoshi. The Eye of Satoshi is the so-called...

Tether

Tether launches USDT on OMG Network

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Stablecoin Tether (USDT) is now available on OMG Network, the Plasma-based Ethereum sidechain, whose public beta was launched on June 1 by the OMG team (previously OmiseGo). According to ETH Gas Station, over the past 30 days, Tether is the largest "consumer" of gas on the Ethereum...

Canada

Cryptocurrency regulation rules go into effect in Canada

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In Canada, on June 1, amendments to the law on financial services that control the activities of crypto firms in the country entered into force. “Financial services now include Canadian and foreign companies that conduct operations with virtual currencies. These operations include services for...

Joseph Kahn trading

Eminem's & Lady Gaga's clips director became a crypto trader

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Well-known American music video director Joseph Kahn talked about his passion for crypto trading. On his Twitter, he shared how much he managed to earn on a new hobby. Kahn created clips for celebrities such as Britney Spears, Taylor Swift, Lady Gaga, Eminem, and many others. Now the famous...

Bitcoin crypto exchange

Every sixth bitcoin is stored on crypto exchange wallets

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The balance of the largest exchanges has 3.1 million BTC ($29.3 billion), or about 16.5% of the market supply of the first cryptocurrency. It is reported by The Block. Since February 9, when this volume was 3.43 million BTC (or almost every fifth bitcoin), today the figure has decreased by 10%....

Yuan

FXCoin strategist: the fall of Yuan will lead traders to BTC

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In the expert environment, the number of supporters of such a point of view is growing that further depreciation of the Chinese currency will force traders to massively switch to bitcoin. Among such analysts, FXCoin strategist Yasuo Matsuda stands out. In his opinion, a surge in cryptocurrency...

JP Morgan

JPMorgan will pay $2.5 million in a lawsuit

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JPMorgan agreed to pay $ 2.5 million to settle a class-action lawsuit about irrational fees that the bank charged for transactions when purchasing cryptocurrencies. The lawsuit was filed in April 2018 against Chase Bank, a subsidiary of commercial holding JP Morgan Chase, which specializes in...

Bitmain Antminer T19

Bitmain introduces Antminer T19 for Bitcoin mining

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Bitmain, a leading manufacturer of mining equipment, has launched the new Antminer T19 device. It is suitable for mining BTC and other crypto coins on the SHA256 algorithm. Key features of the model:...

Bitcoin commission halving

The average size of commissions in the Bitcoin network fell

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Almost three weeks after the halving, the commissions on the bitcoin network dropped to the indicators recorded immediately before this event. According to Bitinfocharts, on May 27, the average commission size fell to $2.40, although seven days earlier it exceeded $6.6. Over the past two days, this...

Vitalii Antonenko Bitcoin fraud

Man faces 20 years in jail for laundering $94 million in BTC

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Vitalii Antonenko, a New Yorker, faces 20 years in prison and a large fine for a number of crimes using bitcoin. This was reported on the website of the US Attorney's Office. Antonenko is accused of a series of cybercrimes with the aim of stealing information about bank cards. According to...

Bitcoin

Bitcoin commission decreased by 54%

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Over the past 5 days, the average commission for transactions in the Bitcoin network has decreased by 54%, however, some observers believe that network congestion may push investors to altcoins. A week ago, the average transaction fee made a jump to the level of February 2018, but since then, it...

Laszlo Hanyecz pizza

Laszlo Hanyecz spent on pizza more Bitcoins than expected

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American developer Laszlo Hanyecz, who went down in the history of bitcoin as the person who made the first documented purchase using cryptocurrency, said he actually spent significantly more than 10,000 BTC on pizzas. On May 22, 2010, Hanyecz purchased two pizzas for 10,000 BTC. Traditionally, on...

Argentine

Argentine officials will collect info about crypto holders

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Amid the acute financial crisis in Argentina, investments in cryptocurrencies are growing. Argentina is currently on the list of Latin American countries leading in terms of Bitcoin purchases through the LocalBitcoins platform. The local peso currency is rapidly losing market position, and people...

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