Monthly Archives: June 2019

Bitcoin Worth Over $8,400 as Most Top Altcoins See Losses

Most of the top 20 cryptocurrencies are reporting moderate losses on the day as bitcoin crossed the $8,400 mark for the second time today. Friday, June 14 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) crossed the $8,400 mark again after breaching it earlier today. Market visualization courtesy of Coin360 Bitcoin is currently up over 2.8% on the day, trading around $8,420 at press time, according to Coin360. Looking at its weekly chart, the coin […]

More info

Liquid CEO Explains the Gram Token Sale Is ‘Natural,’ Disputes Conspiratory Theories

Mike Kayamori of Liquid told Cointelegraph how it came to agree with Gram Asia on their exclusive deal for the coming Gram public sale. It was a “natural” development. That is how Mike Kayamori, the CEO of Liquid described an exclusive deal with Gram Asia on public sales of Telegram Open Network (TON), a decentralized network being developed by privacy-focused messaging platform Telegram. Kayamori told Cointelegraph how Liquid came to agree with Gram Asia. He also claimed that Liquid was the pioneer of initial exchange offering (IEO) […]

More info

Cryptocurrency Exchange Bitfinex Announces a LEO Token Burn Initiative

Cryptocurrency exchange Bitfinex announces a burn initiative for its utility token LEO. Cryptocurrency exchange Bitfinex announced a LEO burn initiative in a Medium post published on June 14. Per the announcement, the initiative will see the exchange’s parent company iFinex funnel its gross revenue into purchasing LEO tokens at market prices in what the post refers to as the UNUS SED LEO burn mechanism. This new system will launch alongside the LEO Transparency Dashboard, which will reportedly provide real-time insights into all collected platform fees and LEO […]

More info

Facebook’s Crypto Project Will Be A Milestone According to RBC

Global investment bank RBC Capital Markets expects Facebook to release white paper for its crypto project on June 18. Global investment bank RBC Capital Markets believes that Facebook’s upcoming crypto project will be a major milestone in the firm’s history, CNBC reports June 14. In a note to investors, RBC Capital analysts Mark Mahaney and Zachary Schwartzman reportedly said that Facebook’s long-rumored stablecoin project “may prove to be one of the most important initiatives in the history of the company.” A part of the Royal Bank of […]

More info

Meet the Developer Who Added Schnorr Signatures to Bcash

This week news.Bitcoin.com spoke with Jonathan Gonzalez, the blockchain developer who is currently maintaining the Bcash project, a Bitcoin Cash full node written in node.js. Gonzalez explained how he got into Bitcoin Cash development and how he managed to get the Bcash node fully compatible with last May’s fork, which introduced Schnorr signatures to the main chain. Also read: How to Exchange Your Amazon Gift Cards for Bitcoin Cash Schnorr Signatures and Bcash The Bitcoin Cash (BCH) network has a variety of full node implementations that are […]

More info

Spanish Law Enforcement Arrests 35 Suspects for Bank Fraud, BTC Money Laundering

Spanish law enforcement arrested 35 people for allegedly counterfeiting banking cards and laundering the proceeds through bitcoin. Spanish law enforcement arrested 35 people for allegedly counterfeiting banking cards and laundering the proceeds through bitcoin (BTC), local media La Verdad reports on June 14. Per the report, the organization obtained over €600,000 ($674,000) and laundered over €1 million ($1.2 million) using bitcoin. Furthermore, the Command of Alicante reportedly solved a total of 1,020 connected cybercrimes during the operation. The alleged actions of the suspects — who are from […]

More info

Brazil Authorities to Adapt Cross-Sector Regulations to React to Digital Transformation

Brazil will regulate the development of new technologies’ applications in capital markets, finance and insurance following a new initiative. Major government and financial authorities in Brazil have teamed up to develop a regulatory sandbox model targeting new technologies such as blockchain, Cointelegraph Brazil reports on June 13. The new regulatory initiative brings together the Central Bank of Brazil, the Securities and Exchange Commission (CVM), the Superintendence of Private Insurance (SUSEP), and the Ministry of Economy’s Special Secretariat for Finance in order to adapt to the digital transformation […]

More info

Community First: One Protocol’s Plan to Give Users a Seat at the Governance Table

sponsored A mobile payment protocol says it wants its governance mechanism to encourage community participation, all while being easy to understand and to adopt. A “next-generation” mobile payment protocol has unveiled new features — including “incentives” for users who own and run the nodes that perform vital roles on its network, including the verification of transactions. Crypto.com says the new program is a result of a partnership with Allnodes, which is offering its hosting services for the platform. Users who want to participate can either get involved […]

More info

Bounty.Cash Pairs Projects With Developers Finding Solutions for BCH

Using bounties to seek solutions to various problems has proved to be a working approach for many projects in the crypto industry. Bounty.Cash is a platform that matches businesses and entrepreneurs with developers who are ready to solve issues with apps and features and get rewarded with bitcoin cash. Also read: Buy From Home Depot and Walmart With Bitcoin Cash Through Alagoria Outsource a Problem, Pay With Bitcoin Cash Bounty.Cash is a service that allows you to set bitcoin cash (BCH) bounties against bugs and vulnerabilities in […]

More info

Grayscale: Bitcoin Gained 47% in US-China Trade War Drawdown

Traditional assets saw broad losses with few exceptions, with Chinese uncertainty potentially contributing to bitcoin’s price rise. Bitcoin (BTC) vastly outperformed traditional wealth preservation assets during the United States–China trade war, American digital asset manager Grayscale confirmed in research published on June 11. Updating “Hedging Global Liquidity Risk with Bitcoin” — a report originally from 2016 — Grayscale noted that bitcoin gained 47% in the period from May 5-31. The next best-performing asset, the Japanese yen, gained 2.1%. In addition, many assets saw a drawdown due to […]

More info
1 2 3 4