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Crypto News

Nym Blockchain Privacy Mixnet Opens for User Testing
April 10, 2020 7:33 am

Nym testnet invites public to run mix-nodes and collectively solve internet privacy crisis

Chinese Gov’t Seeks Feedback on Data Security Standards for Blockchain, IT
April 10, 2020 5:36 am

A Chinese ministry is calling for input on standardizing security systems in blockchain and other new technologies

The Pandemic Couldn’t Have Provided a Better Environment for Crypto
April 10, 2020 4:57 am

In response to coronavirus pandemic, the industry of emerging technologies, such as crypto, has a chance to prove its success

Online Voting Not Secure Even With Blockchain, Says US Association
April 10, 2020 3:37 am

Voting on the blockchain in the United States is neither secure nor reliable, according to a letter written by a scientific association

World’s Top Customer Relations Platform Integrates Commercial Blockchain
April 9, 2020 7:58 pm

World’s number one CRM platform integrates commercial blockchain

NEM Community in Uproar as Prez Takes 6-Month Paid Sabbatical
April 9, 2020 7:24 pm

Members of the NEM community voiced their anger after Foundation President Alexandra Tinsman announced plans to take 6-months paid leave amid large-scale restructuring

Chinese Blockchain Project Awards $1M to Third-Party Developers
April 9, 2020 7:00 pm

Nervos Network awarded $1 million dollars from its $30 million fund to several teams working on enhancements to its infrastructure

Bitcoin Cash (BCH) Climbs Higher After Halving Event
April 9, 2020 3:42 pm

Bitcoin cash

One of the most crucial events in the lifetime of most cryptocurrencies is its halving event. Bitcoin Cash (BCH) had its much-anticipated halving on Wednesday. BCH had its first block reward halving yesterday, and the event resulted in a rally in the cryptocurrency. After the halving, BCH soared by 15% over the past 24 hours, and it will likely be in focus over the course of the coming days.

Is Halving a Bullish Sign?

A halving measure generally involves providing miners with half the rewards they used to get for mining one block. In theory, it ...

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Bitcoin Cash Halving Results in Miner Exodus and Profitability Decline
April 9, 2020 2:12 pm

Bitcoin Cash sees its first halving since the hard fork from BTC dented by hash rate decline due to miner exodus — but proponents remain upbeat

Blockchain to Authenticate Coronavirus-Response KN95 Face Masks From China
April 9, 2020 12:10 pm

The VeChain blockchain will be used to ensure that authentic KN95 masks are indeed produced by a verified Chinese manufacturer

Petro Couldn’t Save the Cartel of the Suns Conspiracy From the Sting of Sanctions
April 9, 2020 11:45 am

The international sanctions effectively acted as an embargo isolating Venezuela economically, and Petro cannot help Maduro save the country’s economy

Sony and Other Major Multinationals File 212 Blockchain Patents in China in 2020
April 9, 2020 10:13 am

Microsoft, Mastercard and Nokia are among 35 multinational companies that filed 212 blockchain patents in China as of the end of March 2020

Blockchain Intelligence Firm Chainalysis Seeks New Partners to Extend Its Reach
April 9, 2020 9:00 am

Blockchain analytics firm Chainalysis is seeking multiple new industry collaborations as part of a newly-launched partnership program

Crypto Companies See Uptick in Volume Amid Global Uncertainty
April 9, 2020 9:00 am

Although the economic machine is largely halted, some crypto companies have seen volume rise in recent weeks

Coin Center Calls on Crypto Developers to Protect Freedoms in COVID-19 Era
April 9, 2020 8:41 am

We need tech-based responses to fight the pandemic that will protect our civil liberties and privacy, crypto advocacy organization Coin Center warns

Block.one Will Vote With Its EOS in Clear Break From Previous Cautiousness
April 9, 2020 8:13 am

Block.one announced it will use its stake of almost 10% of the EOS network to influence block producer voting

France’s CBDC Test Moves Digital Euro One Step Closer to Reality
April 9, 2020 8:00 am

France has unveiled plans for a CBDC, but how will it affect the cryptocurrency industry and broader financial ecosystem?

Interchain Data Hosting Project Combines Edge Computing With DLT
April 9, 2020 6:00 am

Interchain decentralized data hosting project Bluzelle will launch a network which is divided into smaller node groups to take advantage of edge computing capabilities

Blockchain Gaming Firm Animoca Creates Private Trading Hub for Shareholders
April 9, 2020 5:43 am

After being delisted from the Australian Securities Exchange in March, Animoca Brands is taking a private route to enable trades in company shares

Fear, Greed and the Evolution of Money in the Age of the Coronavirus Pandemic
April 9, 2020 4:18 am

The coronavirus pandemic: Will it bring a Brave New World, or will it make the world a better place?

Is Reddit Devising a Blockchain-Based Tipping System?
April 9, 2020 3:42 am

A video has recently surfaced, showing what appears to be a blockchain-based community points feature in the Reddit app

Binance Hits Back at ‘Embezzlement’ Claim
April 8, 2020 11:08 pm

Binance claims that the user making the claims obtained the seized funds by impersonating the exchange in a fake listing scam

Just Four Crypto Leaders on Forbes’ List of Billionaires
April 8, 2020 9:09 pm

Forbes’ global billionaires list shows the co-founder of Ripple and the CEO of Coinbase have a combined net worth of $3.6 billion

Blockchain Scam Raises Money by Pretending to Be Associated With the Olympics
April 8, 2020 7:07 pm

Chinese Olympic Committee says blockchain technology is being used to cover illegal fundraising by scammers

Cardano Foundation Endorses South African Blockchain Alliance Establishment To Boost Adoption
April 8, 2020 7:00 pm

The Cardano Foundation aims to foster blockchain’s presence throughout South Africa

Overstock Will Airdrop Millions of Security Tokens to Its Stockholders
April 8, 2020 5:59 pm

Overstock’s “dividend shares” will be distributed at a ratio of one security token for every ten OSTK shares

Canada-Based Blockchain Company To Deploy a COVID-19 Electronic Screening
April 8, 2020 4:08 pm

A mobile app has its first deployment with blockchain-backed technology to screening COVID-19 symptoms

Two Versions of Digital Dollar Emerge as Contenders, but Unlikely to Come Soon
April 8, 2020 3:15 pm

The digital dollar may become a reality soon, but there are two different ways to bring it about. Which one will prevail, and how soon will it be?

Exclusive: US Congressional Watchdog on Prototyping Smart Contracts
April 8, 2020 2:38 pm

The US Supreme Auditor is developing prototype apps in smart contracts, financial transactions, and supply chain management

The Platform Is Set for Virtual Conferences: Will It Live Up to Its Promises?
April 8, 2020 1:05 pm

Going online with some innovative ideas: keeping people connected from the crypto community and beyond

Zoom Data Scandal Shows Blockchain May Be the Future of Communications
April 8, 2020 10:36 am

VoIP founder Jeff Pulver explains how a blockchain-based communication network for applications such as Zoom can secure calls

Ethereum (ETH) Gains Momentum Ahead of ‘ETH 2.0’ Upgrade
April 7, 2020 3:11 pm

Ethereum

The crypto space has been quite volatile over the past weeks, but holders of Ethereum (ETH) are, no doubt, quite pleased with the latest turn of events. Ether, the actual cryptocurrency of the network, has recorded its biggest jump in 20 days, and it seems likely that there is going to be a lot of excitement about the token in the coming hours. Experts believe that confidence over the Ethereum platform is growing steadily, and that could well be one of the reasons for the gains recorded by ETH over the past 24 hours.

All Eyes on ...

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Coinbase Invests Over $1 Million into DeFi Sites
April 2, 2020 1:29 pm

Coinbase

One of the major reasons behind the rapid development of the cryptocurrency space is the presence of crypto exchanges, and Coinbase is one of the most influential exchanges in the world. On Wednesday, the company further strengthened its bets in the decentralized finance (DeFi) applications space by announcing a fresh round of investments.

Major Investment

Coinbase announced that it has decided to invest a total of $1.1 million in two separate projects through its USDC Bootstrap Fund. This is a major development for the DeFi space and for the crypto space at large. It remains to ...

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Binance Enters South Korea, Gets Approval for OkCoin
March 31, 2020 3:53 pm

Binance

The growth in the cryptocurrency industry has been made possible by the presence of crypto exchanges, and in that regard, Binance has been one of the most influential. In a new development that should come as a major boost to the crypto sphere, the crypto exchange announced that it is all set to launch its operations in South Korea.

Major Details

Binance acquired the Fintech company BxB Inc and is now going to turn it into a global exchange for South Korean customers by way of a cloud platform. This is a significant development for the ...

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TRON Partners With Metal Pay to Enable Instant Purchase of TRX
March 26, 2020 2:32 pm

TRON

Over the past few years, TRON (TRX) has emerged as one of the more promising cryptocurrencies in the market, and today, there was another landmark announcement regarding the token. According to the announcement today, TRX has partnered with Metal Pay, a cryptocurrency service provider, and the agreement is expected to be beneficial for the cryptocurrency.

Major Details

By way of this agreement, users on the Metal Pay mobile application will be able to purchase TRX with fiat currency. This is a major development because it opens up TRX to a far bigger pool of investors and ...

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Coronavirus Outbreak: How Bitcoin is Faring So Far
March 24, 2020 7:18 pm

Bitcoin

The coronavirus crisis has seen Bitcoin price nosedive in one of the greatest Bitcoin price crashes since its inception. With a 52% drop in price in a single week, the coronavirus has left many Bitcoin enthusiasts scratching their heads. Even the legendary crypto trader, Peter Brandt, who predicted Bitcoin’s peak way back in 2017, tweeted that he wouldn’t be shocked if it crashed to $1,000 and below.

Will Bitcoin recover from such a huge crash? And can it still be trusted to store value over time? These are just some of the questions that people are ...

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Bitcoin (BTC) Soars 10% on Strong Momentum: A Change Coming?
March 24, 2020 3:33 pm

Bitcoin

The coronavirus pandemic has had a highly damaging effect on the capital markets, and eventually, the effect was felt in other asset classes like cryptocurrencies as well. While this did affect the world’s biggest cryptocurrency, Bitcoin has made a remarkable recovery over the past 24 hours.

BTC gained 10% in the last 24 hours, and the total value of the entire crypto market soared by $14 billion. Bitcoin was trading at $6,580 this morning in Singapore, and it seems likely that the cryptocurrency is going to be in focus among traders today.

Rally Across the ...

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Is Bitcoin (BTC) a Buy After the Recent Market Sell-Off?
March 19, 2020 7:19 pm

bitcoin

The coronavirus pandemic has resulted in massive turmoil in stock markets across the world, and almost all asset classes have suffered due to the deep selloff over the past few days. The same has been the case with Bitcoin, the world’s biggest cryptocurrency by market cap, and over the past weeks, its price has declined quite dramatically.

The cryptocurrency started off 2020 on a positive note, surging at a promising rate. However, over the past few weeks, it has tanked by 50%.

Hedge Against Recession?

One of the most important things to keep in ...

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Bitcoin (BTC) Drops Below $5K Despite US Fed Slashing Interest Rates
March 17, 2020 3:25 pm

Bitcoin

The outbreak of the coronavirus has had a significant impact on markets, and cryptocurrencies have not been spared either. Over the weekend, the US Federal Reserve was forced to slash interest rates to almost zero, but that didn’t help Bitcoin (BTC), which dropped below $5,000.

Bitcoin (BTC) Drops Below $5,000

The largest crypto by market cap plunged below $5,000 on Tuesday as the European session got underway. After it breached the psychological milestone, it almost came close to dropping past $4,500, having shed 16% in a day. Similarly, other cryptocurrencies also experienced double-digit drops, with XRP, ...

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Bitcoin Tanks to $6K Mark on Economic Damage from the Coronavirus
March 12, 2020 3:50 pm

Bitcoin

While the stock markets across the world are recording historic declines, the situation is not much different in the crypto world, which would explain why Bitcoin has been dropping as of late. On Thursday, the world’s biggest cryptocurrency by market cap plunged at an alarming rate.

Panic Selling

The coronavirus pandemic has had a volatile effect on the world economy, and markets across the globe experienced mass selloffs as fears about the damage finally took hold. BTC slumped by 25% on Thursday morning as investors continued to dump it. Although it did claw back some of ...

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Ethereum Drops to $200 Levels as Crypto and Global Markets Crash
March 10, 2020 1:51 pm

Ethereum

Ethereum (ETH) price has continued to fall after a dreadful weekend, which saw the price drop to around $198, wiping out last week’s gains. The cryptocurrency is currently trading slightly above the $200 support level and faces a nervy week in which it could drop as low as $170.

Ethereum Drops to $200 as Crypto Markets Crash

The coin has had a stellar year to date, having started the year at $130. It reached $280 in mid-February, outperforming even Bitcoin (BTC) in its percentage climb. However, there has been a market-wide sell-off as of late, with ...

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How the Bitcoin Halving Could Affect BTC Price in the Near-Term
March 9, 2020 3:26 pm

Bitcoin

Bitcoin (BTC) is trading below the $8,000 level just two months before its anticipated halving in May. However, over the past few weeks, markets have been crashing because of the coronavirus outbreak and investors have been cashing out on their digital assets, including Bitcoin. Will this impact the effect of the halving?

Upcoming Halving Might Impact BTC Price Negatively

Based on the current market outlook, there is a possibility that the May 2020 halving might have a negative effect on BTC price. In the 2012 and 2016 halving events, BTC price dropped before and after the ...

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XRP Could Upswing Despite Growing Uncertainties Around the Token
March 6, 2020 3:29 pm

XRP

Controversy continues to surround Ripple’s XRP token, and the company’s incentivizing of partners to start using its cross-border payment solution has flooded the crypto’s market supply. However, despite all this uncertainty surrounding XRP, one analyst thinks that the cryptocurrency is bound for a huge upswing.

Ripple Paid Moneygram to Use Its Cross-Border Remittance Service

Over the past week, Ripple has made headlines regarding a number of events directly linked to its native token, XRP. For instance, on February 26, Moneygram reported that payments from Ripple in the last two quarters of 2019 totaled $11.3 million. Asheesh ...

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Telegram ICO Investors Included Russian Oligarch and Ex-Minister
March 5, 2020 6:02 pm

Telegram

Newly released documents relating to Telegram’s 2018 ICO have revealed some big-name backers, including Russian oil tycoon Roman Abramovich and former Minister of Open Government Affairs Mikhail Abyzov.

The publication of the documents highlighting some of the big-money backers in Telegram’s planned blockchain, Telegram Open Network (TON), is just the latest development in the US Securities and Exchange Commission (SEC) case against the firm, which claims the messaging app violated securities laws by failing to register its 2018 token sale. The names and the amount that they invested were listed in an expert report by Stephen ...

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BitGo Introduces Institutional Crypto Lending Service
March 5, 2020 2:39 pm

BitGo

The world of crypto has developed at a breakneck pace over the past few years, and in a new development, cryptocurrency firm BitGo has announced the launch of its own crypto lending service. In recent times, the crypto lending industry has grown at a decent pace, but there is still room for a lot of growth.

Key Expansion

The announcement from BitGo is an important one and could usher in a new era in this niche space in the crypto sphere. The company claims to handles 20% of all transactions that are conducted through Bitcoin, and ...

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Dogecoin (DOGE) Gets Support from Tesla CEO Elon Musk
March 4, 2020 1:57 pm

Dogecoin

Tesla (NASDAQ:TSLA) CEO Elon Musk has voiced his support for Dogecoin (DOGE) just a month after offering skeptical remarks regarding the largest cryptocurrency, Bitcoin (BTC).

Musk Publicly Endorses Dogecoin

Musk, who is a huge fan of DOGE, declared his endorsement for the altcoin on March 3 through a tweet. However, his initial tweet was not actually related to crypto but was instead a meme that he captioned “Dogs roc,” which was followed by another tweet stating “they have the best coin,” which was in reference to Dogecoin.

Interestingly, this is not the first time ...

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MoneyGram Receives $11 Million Cash Injection from Ripple
March 3, 2020 6:28 pm

MoneyGram

MoneyGram (NASDAQ:MGI) has received over US$11 million in the last six months from Ripple in what was described as “Ripple market development fees.”

A partnership between the money remittance company and the crypto services firm was first announced back in June when Ripple agreed to provide MoneyGram with US$50 million in order to support its payments product, On-Demand Liquidity, or xRapid, as it is sometimes referred to as.

The US$11.3 million sent MoneyGram’s way over the last months is broken up into two quarters, US$2.4 million in Q3 and an additional US$8.9 million in ...

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What Factors Can Make a Cryptocurrency Crash?
March 3, 2020 6:21 pm

cryptocurrency

Cryptocurrencies are notorious for being volatile, and the fact that their prices fluctuate wildly is really quite normal. However, what is not so normal is when the price suddenly plummets and wipes out a huge amount of value.

That is what is known as a crash, and it is one of the things that people fear most. Over the years, there have been several cryptocurrency crashes, and the most notable was in 2018 when the value of cryptocurrencies fell over 60% in about a month.

As unpredictable as these crashes are, they are not ...

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Bitcoin Recovers as Coronavirus Pandemic Continues to Hurt Markets
March 3, 2020 2:43 pm

Bitcoin

On March 3, Bitcoin (BTC) price gained the most on speculation that the US Federal Reserve, as well as other central banks, will be supporting markets even as concerns of the coronavirus outbreak continue to grow.

Bitcoin Jumps Over 4% After Last Week’s Plunge

Bitcoin gained 4% to take its price to $8,895, having suffered a double-price decline last week. This is welcome news for Bitcoin bulls, following last week’s 14% drop, which was BTC’s largest weekly loss since November.  In the third week of November, Bitcoin dropped around 19%. Similarly, last week’s equity markets also ...

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Ripple Criticized for Unlocking XRP Worth $230 Million from Escrow
March 2, 2020 2:02 pm

Ripple

There is a possibility of traders experiencing a sell-off in XRP after Ripple unlocked another 1 billion XRP, worth around $230 million from its escrow wallet.

Ripple Draws Criticism for Unlocking of 1 Billion XRP

Ripple’s move has become a common trend that occurs at the beginning of each month, and it has drawn growing criticism every time it happens. There have been questions regarding the amount of XRP the startup has been selling and why is it needing over $200 million each month.

Ripple owns over 50% of the total XRP supply, and ...

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