August 7, 2020
Australian YouTuber Dagogo Altraide posted a new video to his 2.5M subscribers detailing the fall of FinTech company Wirecard.
August 7, 2020
The DoppelPaymer gang deployed a ransomware attack against ventilator manufacturer Boyce Technologies amid the COVID-19 pandemic.
August 7, 2020
Raoul Pal, CEO and founder of Real Vision, says Bitcoin may soon become his only asset for long-term investments.
August 7, 2020
Bitmain Delays Delivery of Bitcoin Miners by Three Months, as Co-Founders Battle for Company Control
Bitmain has delayed shipments of its Antminer bitcoin mining machines by three months, as the tussle between co-founders, Jihan Wu and Micree Zhan Ketuan, for control of the company intensifies. According to a post on Bitmain’s official Wechat account, the Beijing-based bitcoin miner maker said customers whose orders were due for delivery in June and July will have to wait until September and October. The equipment is typically ordered three months prior to delivery. That means the postponed shipments may have been ordered around March, making this a costly six-month wait for the affected bitcoin miners. Bitmain said in the Thursday announcement that the delay is a result of “external interference over the company’s management.” Jihan Wu’s faction is reportedly in control of the company’s Wechat account. The company is offering two options to its customers as compensation for delays. […]
August 6, 2020
Nigeria outperformed the rest of the world by the level of interest in Bitcoin over recent months.
August 6, 2020
Top traders’ net exposure and institutional investors’ growing open interest in Bitcoin futures contracts show the market remains tilted toward bulls.
August 6, 2020
Anthony Pompliano states innovation inevitability in light of recent blockchain comments from new Goldman Sachs brass, Mathew McDermott.
August 6, 2020
North America-based institutional investors tend to buy and hold cryptocurrency more than those based in East Asia, according to Chainalysis.
August 6, 2020
An unknown Bitcoin wallet paid a mere $4 to transfer over $1 billion.
August 6, 2020
The consumer market for extended reality tech is growing at an increasing rate and by 2023, the consumer market for extended reality devices and software is projected to reach $18 billion. This makes sense as today’s generation spends more time at home – Americans aged 18 to 24 years spend 70% more time at home then previous generations. On top of this, the COVID-19 pandemic is forcing most people to stay in their homes making this kind of tech even more popular than before. Extended reality devices can help fill the gap that is created by people no longer being able to go to work in an actual office, travel to vacation spots, or go to a gym for exercise. Using extended reality, meaning combining augmented, mixed, and virtual reality, we can create real sports nearly anywhere. Interacting with […]
August 6, 2020
Dan Morehead is more conservative in his Bitcoin price predictions than his firm Pantera Capital, though both agree that it will hit $100,000.
August 6, 2020
Kazakhstan’s Ministry of the Economy wants to tax crypto mining in an effort to deal with the COVID-19 pandemic.
August 6, 2020
On June 30, a jury trial was scheduled for the notorious Kleiman v. Wright lawsuit on October 13. Now a recent filing from the plaintiffs notes that when Craig Wright’s ex-wife Lynn Wright recently testified, she revealed a number of interesting findings. Lawyers representing the Kleiman estate say her testimony brings the “infamous “Tulip Trust” into question and that it wasn’t a “‘blind trust’ as previously alleged.” In mid-July, news.Bitcoin.com reported on the deposition of Craig Wright’s current wife Ramona Watts and her understanding of how bitcoin private keys work. In addition to the testimony from Watts, the court also heard from Craig Wright’s ex-wife who asserted that she owned a fraction of the company W&K Info Defense Research. The firm W&K Info Defense Research is the questionable company that Wright and Dave Kleiman allegedly started years ago. Wright’s ex-wife […]
August 6, 2020
New data shows Sunday evening is the best time to buy Bitcoin at a ‘discount’.
August 6, 2020
Traders Big Cheds & Big Chonis offer expert TA on the next move for Bitcoin and altcoins.
August 6, 2020
After the somewhat imperfect launch of the Medalla Eth 2.0 testnet, developers discuss what initially went wrong.
August 6, 2020
“Japanese licensed exchange Xtheta officially announced that it has a strategic partnership with Bluehelix, the leading blockchain financial infrastructure technology service provider, which to provide Xtheta with the underlying blockchain financial technology services to accelerate Xtheta’s global market advancement.” — Not long ago, an industry news story raised concerns in the Japanese digital currency community. Back in April 2017, Japan‘s Financial Services Agency (FSA) enacted an amendment to the Asset Settlement Act to provide strong regulation of digital asset exchanges, which sets out the operating standards for exchanges, introduces the concept of “virtual currency” exchange operators, and clarifies the legal rules for virtual currency trading. As a global economic powerhouse, Japan’s bill will undoubtedly have a profound impact on the global digital asset market. Against the backdrop of increasing compliance in Japan’s virtual currency industry, Xtheta Exchange was founded in […]
August 6, 2020
Someone hacked the digital court hearing of the alleged 17-year-old Twitter breacher.
August 6, 2020
The Ethereum Classic (ETC) blockchain network lost $5.6 million to one miner following a 51% attack initially thought to be a chain split. During the attack, the offending miner managed to double-spend 807,260 ETC ($5.6 million) after spending 17.5 BTC or $200,000 (at time of writing) to acquire the hash power for the attack. The ETC team initially issued a statement advising its clients to halt interactions with the network while corrective steps were taken. At the time, one of the developers at ETC, James Wo insisted the event “was not a 51% attack” while stressing that the “offending miner went offline and was using old client software.” The investigation by Bitquery now debunks ETC team’s initial theory. According to Bitquery, the attacker “mined 4280 blocks for four days.” It adds that “he did only a little mining before and […]
August 6, 2020
Many Russian citizens now face exploitation on the dark web after their Blockchain voting data was accidentally leaked in early July.
August 6, 2020
The funding rate is an essential mechanism to allow derivative instruments to track the spot price of their underlying asset.
August 6, 2020
Polkadot is releasing a testnet specifically designed for its sharding implementation.
August 6, 2020
Bitmain announces three-month Antminer order delays, citing “external interference on company operation.”
August 6, 2020
Blockchain could be key for ensuring user privacy in COVID-19 contact-tracing apps.
August 6, 2020
$12,000 is firmly back on the cards as daily gains top 2.2% and Bitcoin erases the effect of its weekend plunge.
August 6, 2020
Grayscale Ethereum Trust files to become an SEC reporting company amidst the Ethereum bull run.
August 6, 2020
CryptoKittes’ creator Dapper Labs has secured $12 million in investment from blockchain venture capital notables and pro-NBA players.
August 6, 2020
State-owned commercial banks in China are reportedly testing a wallet for the country’s forthcoming digital yuan.
August 6, 2020
The marketplace for Dapper Labs’ NBA Top Shop game has gone live, allowing beta users to trade collectible NFTs with their peers.
August 6, 2020
OKCoin developer grants total over $500,000 with the latest grant going to Bitcoin’s most active contributor since 2017.
August 6, 2020
Chainlink rival BAND, the native token of Band Protocol, has soared by 65% in one day after Coinbase announced its listing among other factors.
August 6, 2020
One of the main operators of the now-shuttered streaming site movie2k.to has forfeited over $30 million worth of crypto to German police.
August 6, 2020
Forsage members are courting a high risk with the Philippines’ securities regulator.
August 6, 2020
Bitcoin P2P trading volume in India has been growing rapidly, hitting record highs over the past weeks. Meanwhile, a new P2P trading platform has launched in India as the crypto industry awaits the government’s decision on a cryptocurrency law. P2P Trading Volume Soars in India Peer-to-peer (P2P) bitcoin trading in India has been hitting all-time highs over the past weeks. The growth accelerated after the country’s supreme court quashed the circular by the central bank, the Reserve Bank of India (RBI), in March that banned banks from providing services to crypto exchanges. According to Usefultulips.com, which combines data from two prominent P2P bitcoin marketplaces, Paxful and Localbitcoins, P2P bitcoin trading volume in India has consistently hit all-time highs since early June. For the week ending on Aug. 1, the trading volume was $4.40 million, an increase from $3.78 million. The […]
August 6, 2020
Investors are in no mood to sell as the number of Bitcoins held in exchange wallets “falls off a cliff” this week.
August 6, 2020
Copper, the London based digital asset infrastructure provider, today announced the expansion of its ClearLoop digital asset trading framework to include collateral management for crypto derivatives. This move will enable crypto derivatives to be traded over the counter (OTC) with significantly reduced risk for all parties involved, opening up the marketplace to a wide range of new institutional participants. The new collateral management suite was developed specifically for the needs of the fast-growing institutional marketplace. GSR, a leading digital asset trading firm and a Copper client, served as a key advisor in the product design process. With this new functionality, Copper acts as an independent third party for collateral management and settlement. Collateral stays in the Copper ecosystem, and its value is continually tracked. Derivatives are one of the most significant investment instruments in the digital asset space, with OTC […]
August 6, 2020
Aerospace giant Honeywell will use a blockchain system to streamline the documentation of aircraft parts and services.
August 6, 2020
The U.S. Securities and Exchange Commission (SEC) is looking for a blockchain forensics tool to help it analyze smart contracts. In a call for bids to software companies on July 30, the regulator said that the tool must be able to “analyze and detail code within blockchains and other distributed ledgers.” It is also looking to identify contract changes performed with administrator passwords, in addition to issues like whitelisted and blacklisted addresses. It also wants to know how token sales funds are disbursed. The SEC noted that the tool would support its efforts “to monitor risk, improve compliance, and inform Commission policy with regard to digital assets.” Firms have until August 13 to submit their proposals. Only companies classified as “small businesses” – those with a value of $30 million or under – are being considered for the tender, it […]