Category Archives: Crypto News

Crypto News From Brazil: Oct. 14–20 in Review

Cointelegraph Brasil presents a weekly digest of selected cryptocurrency- and blockchain-related news. Brazil has seen another tumultuous week in the cryptocurrency industry as the president of investment scheme Unick Forex said it will only pay customers who have kept their receipts, the 18th million Bitcoin (BTC) was mined, and the alleged pyramid scheme Atlas Quantum denied that videos with balances at Gate.io and HitBTC are fake. Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph Brasil. Unick Forex says […]

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Samsung SDS Partners With Tech Mahindra for a New DLT Product

Samsung SDS announced a joint initiative to launch a new blockchain traceability solution based on Nexledger. Samsung SDS, the IT subsidiary of global tech giant Samsung, has announced a joint initiative to launch a new blockchain-based traceability product. To develop the new project, Samsung SDS partnered with American software firm Pega and Tech Mahindra, a subsidiary of major Indian multinational conglomerate holding company Mahindra Group, according to a press release on Oct. 16. Specifically, the joint initiative will be a combination of Samsung SDS’s enterprise blockchain platform […]

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Why Is Bitcoin Price Going Up? 4 Indicators Suggest a Potential Bottom

As Bitcoin price successfully held $7,700-$7,800 support again and now back up over $8,200, several indicators suggest a bullish reversal. Bitcoin price (BTC) has continued to fend off support in the $7,800 region for what will be the fifth week running at the end of today.  With the BTC price currently back up over $8,200, several indicators suggest that a potential reversal may be in the cards.  Weekly Crypto Market Performance. Source: Coin360.com 1. Bitcoin price support holds again Bitcoin price seems to have found a bottom […]

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Crypto News From the Spanish-Speaking World: Oct. 13–19 in Review

Mexico announces a new alliance to support blockchain development in Cointelegraph’s weekly digest of news from the Spanish-speaking world. The Spanish-speaking world has seen another week of major cryptocurrency and blockchain developments with the Mexican government announcing a new alliance to support the development of blockchain initiatives. Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph en Español. Mexican government announces an alliance to support local blockchain development On Oct. 14, the Federal Ministry of Economy of Mexico and […]

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Top-5 Cryptos This Week: XMR, XRP, BSV, LEO, BNB

A few of the top cryptocurrency performers of the past seven days are forming buy setups. What are the key levels to watch out for? Let’s analyze the charts. While the fundamentals in the crypto space have been improving over the past few months, repeated opposition to popular projects like Libra has kept the sentiment subdued. Speaking at the International Monetary Fund and World Bank fall meeting, German Federal Minister of Finance Olaf Scholz vehemently opposed the idea of allowing Facebook to create Libra because, according to […]

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Libra Loses Key Members, Potentially Forked — Still Looks Confident

Libra proceeds with formalizing its governance structure amid major members dropping out, regulatory upheaval and fork attempts. Earlier this week, initial members of the Libra Association formalized a governance structure after holding their inaugural meeting in Geneva. The transition happened just days after seven high-profile participants, including Visa, eBay and Mastercard, chose to leave the organization. Libra’s setback happened amid general regulatory upheaval in the crypto industry: In October alone, United States authorities fined EOS developer Block.One for holding an unregistered securities offering and halted TON — […]

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Libra Surprise, Telegram Drama, Cointelegraph Blocked: Hodler’s Digest, Oct 14–20

Cointelegraph has been blocked in Russia, and Telegram’s legal showdown with the SEC has been delayed until February. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week New York district court postpones Telegram’s TON hearing to 2020 It looks like we’re all going to be waiting a while for the legal […]

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Vertical and Horizontal Blockchain Scaling, Explained

Let’s take a closer look at the core concepts underlying vertical and horizontal scaling. What are some of the key points to remember about scalability? It is all about centralization vs. decentralization. For blockchain platforms, the scalability of a given chain often boils down to the level of decentralization possessed by the network. Highly decentralized ecosystems (such as Bitcoin) are quite slow, whereas networks that are more centralized (like EOS, with its 21 Block Producers) are much faster. Therefore, having fewer nodes producing blocks generally makes things […]

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Ethereum Name Service Adds Multicoin Support

Distributed naming system Ethereum Name Service announces the launch of multicoin support as 15 crypto wallets already plan to utilize the new feature. Distributed naming system Ethereum Name Service (ENS) has announced the launch of multicoin support as 15 cryptocurrency wallets already plan to utilize the new feature. According to an official Medium post published on Oct. 17, this will allow crypto enthusiasts to use one ENS name for all of their crypto wallets. Ongoing implementation It is noted that ENS’s user interface currently only supports Ether […]

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California Man Sues AT&T Over Loss of $1.8M and Crypto Accounts

California resident files a lawsuit against AT&T alleging that its employees helped to perpetrate a SIM-swap resulting in the theft of over $1.8 million, including crypto. California resident Seth Shapiro has filed a lawsuit against wireless service giant AT&T alleging that its employees helped to perpetrate a SIM-swap which resulted in the theft of over $1.8 million in total, including cryptocurrencies. The complaint filed on Oct. 17 claims that Shapiro is “a two-time Emmy Award-winning media and technology expert, author, and adjunct professor at the University of […]

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