Cryptocurrency News


Japan ebook blockchain

Japanese media holding will use blockchain to sell ebooks

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Japanese media holding Media Do Holdings will direct $2.8 million to create a distributed registry. This need is due to the growing demand for e-books during the coronavirus pandemic. The plans of the company are reported by Nikkei. The holding will begin developing its own distributed registry at...

CME

CME Bitcoin options market activity increases after halving

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Trading volumes and open interest in the CME Group bitcoin options market increased after a reduction in remuneration for a (halving) block last Monday. According to data from the analytical company Skew, open interest (or the number of open positions) grew from $ 35 million on May 11 to $ 142...

Joanne Rowling Bitcoin

Elon Musk explains to Harry Potter author what is Bitcoin

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Joanne Rowling, the author of the series of books about Harry Potter, asked for an explanation of one question "what is Bitcoin" because she could not understand anything. Elon Musk (head of SpaceX and Tesla), Vitalik Buterin (creator of Ethereum, the second most popular cryptocurrency),...

Sergey Brin fake Youtube

Bitcoin distribution appeared on Google founder fake YouTube

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Attackers created a fake YouTube account of Google Founder Sergey Brin and promised 5000 BTC distribution on his behalf. At a certain moment, over 100 thousand people watched the live broadcast: in a small window they showed Brin's old performance, and against this background, they promoted a...

Ethereum gas pyramid MMM BSC

The cost of gas in Ethereum network rose because of pyramid

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According to the observations of The Block analyst Matteo Leibowitz, the Ethereum network has been significantly loaded for a long time, partly due to the gaining popularity of the Ponzi scheme like the notorious MMM. The MMM BSC website features an image of Sergey Mavrodi, the famous creator of...

WoToken pyramid

Chinese police arrested WoToken pyramid organizers

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Chinese law enforcers arrested the organizers of the second largest crypto pyramid WoToken. This is with reference to local media reported the managing partner of Primitive Ventures Dowey Wan. According to court documents, the organizers of the Ponzi scheme raised $1 billion of user funds,...

Visa

Visa filed patent application for "digital fiat currency"

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Visa payment company filed a patent application for "digital fiat currency." On Thursday, May 14, the U.S. Patent and Trademark Office issued the Visa patent application, which was incipiently filed in November 2019. The application describes a system for combining the advantages of...

Australia Bitcoin fraud

A resident of Australia laundered $3 million through bitcoin

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A resident of Australia was arrested on suspicion of laundering AUD $5 million ($3.2 million) through bitcoins. She led the illegal trading platform, exchanging cryptocurrency for fiat, reports The Australian. A 52-year-old woman was detained at a mall in New South Wales. With her, they found more...

Pantera Capital

Pantera Capital CEO tells why rulers won't let stablecoins

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Pantera Capital's founding partner and CEO Orchid (OXT), Dr. Stephen Waterhouse, said the US government would never allow private companies to challenge the dollar. In an interview that was recorded before the head of Telegram, Pavel Durov, officially announced the abandonment of the TON...

Glassnode

Glassnode analysts noted a decrease in major Ether holders

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A report from the Glassnode platform said that since the beginning of 2020, the number of large holders or so-called “whales” has been declining. This week, on the Ethereum network, the number of addresses with 10,000 ETH and bleat dropped to 1,050. This is the lowest since last January. In...

Coinbase users altcoin

Study: Coinbase users buy altcoins after buying Bitcoin

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Most of the Coinbase exchange users who buy bitcoin diversify their portfolio with altcoins. This is evidenced by a study conducted by the company. According to these data, 60% of new Coinbase users buy bitcoin as their first asset. 24% of investors continue to store or buy only BTC, while 36%...

Bitwala bank Bitcoin

European Bank Bitwala offers deposits in bitcoins at 4.3%

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The German online bank Bitwala has added support for deposits in bitcoins with an annual interest rate of up to 4.3%. Payments to customers are made weekly. The new feature came about through the partnership of Bitwala with the Celsius Network crypto-lending platform. As a result, the company...

Bitcoin transaction fee

$417 million in Bitcoins were transferred with a $1.44 fee

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A transaction worth 47,835 BTC was seen on the bitcoin network. It cost only $1.44. Bitcoin Block Bot noticed the transaction. The transfer was equal to $417 million. Bitcoins were received at the address taking 16th place in the total amount of funds. It is noteworthy that the commission for the...

Ethereum 2.0 Vitalik Buterin

Vitalik Buterin has denied Ethereum 2.0 launch in July

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Ethereum co-founder Vitalik Buterin said that he did not confirm the possible transition of the Ethereum ecosystem to stage 2.0 in July. In the crypto community were surprised at the statement of Buterin circulated by some media. So they turned to one of the Ethereum developers Afri Schoeden for...

BTC

After halving, bitcoin hashrate decreased by 16%

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Bitcoin hash rate decreased by about 16% after the third decrease in block reward. According to estimates, the daily income of miners fell by about 44% after halving - from $ 16.1 million to $ 9 million. Most old miners, such as Antminer S9, are now unprofitable. Miners of the new generation -...

Bitcoin halving

Bitcoin trading volumes rose 50 times since the last halving

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From 2016 BTC trading volumes soared by 5000%, and market value increased by 1500%. According to Cryptowatch analysts, the average monthly trading volumes of bitcoin have increased 50 times over the past 4 years. In January 2016, this figure was $0.5 billion, and in April 2020 exceeded $27 billion....

Lazarus steal cryptocurrency

DPRK hackers stepped up attacks on BTC companies and traders

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The hacker group Lazarus has stepped up efforts to steal crypto coins against the backdrop of a pandemic, the Daily NK reports citing cybersecurity experts ESTsecurity. The main targets of cyber attacks are bitcoin traders and crypto companies around the world. Fraudsters send letters on behalf of...

BitMex

15% drop in BTC rate caused BitMEX $226M positions loose

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The price of bitcoin fell sharply from $9,500 to $8,100 at 7 AM Central time on May 10, losing 14.6% in just 10 minutes. Since then, the price has recovered to $8800. As a result of a sudden drop, the volume of liquidations of positions on the BitMEX crypto derivatives exchange reached $226...

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