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3 People Arrested in Hong Kong for Cheating Bitcoin ATMs
16.8.2020
The authorities in Hong Kong have arrested three people in connection with robberies from six bitcoin ATMs after two cryptocurrency exchanges reported funds being illegally withdrawn from them. 6 Bitcoin ATMs Targeted The Hong Kong Police Force’s cybersecurity and technology crime bureau...
4 of South Korea’s Largest Banks to Provide Cryptocurrency Services
16.8.2020
Four of the top five South Korean banks have reportedly announced their plans to provide cryptocurrency services. The announcements came ahead of the crypto regulation that will soon go into effect in South Korea. Largest Korean Banks Entering Crypto Space South Korea’s largest banks have...
Dex Platforms Trade Over $2.4 Billion in 7 Days, Defi Swaps up 68% Since Last Week
16.8.2020
Years ago the cryptocurrency community did not have access to a plethora of decentralized exchanges (dex). In 2020 with the rise of Ethereum, dex platforms have grown exponentially with trading applications like Uniswap, 0x, Kyber, and more. Dex trading growth has spiked over 68% this week alone...
Law Firm Sees Crypto Investors Flocking to St. Kitts & Nevis for Dual Citizenship
15.8.2020
This week news.Bitcoin.com spoke with Jennifer Harding Marlin from the St. Kitts & Nevis islands law firm JH Marlin. The business specializes in all types of law practice and citizenship by Investment (immigration) is very popular. Marlin explained that recently, the company is getting...
Why Cryptocurrency Is More Than a Hedge Against US Dollar Inflation
15.8.2020
Precious metals used to be the best way to protect your portfolio from natural value deterioration, but Bitcoin is changing the game
Bitcoin and Tesla: America’s Most Loved Assets on Tradingview
15.8.2020
Tradingview said Friday that bitcoin and Tesla, the electric car maker and clean energy firm, are America’s most viewed assets on the charting platform. Bitcoin (BTC) has climbed over 60% year-to-date, with the price reaching $11,900 at Press time. The rise has drawn in thousands of...
LIFETIONCOIN Provides Payment Solutions and Worldwide Prosperity
15.8.2020
What Is Cryptocurrency? Cryptocurrencies use cryptographic protocols that encrypt sensitive data transfers, to secure their units of exchange. Since they are built on advance mathematics it’s impossible to duplicate or break the currency. In addition to that, identities of cryptocurrency users...
Indian Crypto Exchange WazirX to Enter DeFi Amid Uncertain Regulations
15.8.2020
Indian crypto exchange WazirX plans to attract current users and institutional investors with its market maker protocol
Andreas Antonopoulos: Hex Team Offered Me 10 BTC to Speak Well of Their Token
15.8.2020
Andreas Antonopoulos says he was offered 10 BTC for an interview with the objective to show that Hex is not a scam. The alleged offer comes as Hex proponents battle persistent Ponzi allegations. Antonopolous, an influential cryptocurrency advocate, also reveals the offer was on condition he does...
Miner Hut 8 Reports Q2 Revenue Plunged 67% to $6.9 Million Due to Bitcoin Halving
15.8.2020
Canadian miner Hut 8 Mining Corp has reported that second quarter revenue tumbled 67% to $6.9 million from $21.2 million a year ago, as Bitcoin’s supply cut in May forced production to decline. The Toronto Stock Exchange-listed company extracted just 795 bitcoin (BTC) in the April to June...
US Federal Reserve Reveals Building a Digital Dollar Codebase With MIT
15.8.2020
The U.S. central bank has been working on creating a digital dollar, according to a recently published transcript from Federal Reserve Board Governor Lael Brainard. On Thursday, she told participants attending “San Francisco’s Innovation Office Hours” webcast, that the Fed...
Nasdaq-Listed Firm Marathon Buys 10,500 Next-Gen Bitcoin Miners for $23M
15.8.2020
One of the earliest Nasdaq-listed cryptocurrency mining companies, Marathon Patent Group, announced a new agreement contract with the ASIC mining manufacturer Bitmain. According to the public company, Marathon has agreed to purchase 10,500 next-generation Antminer S-19 Pro models for $23 million....
Bove Says Dollar’s Dominance Challenges Include Cryptocurrency
14.8.2020
The noted says a possible end to U.S. dollar-ruled financial system "frightening, yet the probability is quite high."
Market Report: Merculet Token Price Doubles in 7 Hours, Algo up More Than 500% Since March
14.8.2020
The merculet token gained 160% from $0.00068 to $0.0011 in just 7 hours of trading on August 14. The price jump makes the token biggest gainer in 24 hours according to markets.Bitcoin.com. Despite the price surge, merculet had trading volumes of just $112,000. At the time of writing...
ETC Group’s Bitcoin ETP Hits $49 Million Assets Under Management in Two Months
14.8.2020
Etc Group said Wednesday that its centrally cleared bitcoin exchange-traded product (ETP) has accumulated up to $49 million in assets under management since launch on June 18, 2020. The contract, known as Bitcoin Exchange Traded Crypto (BTCE), tracks the price of BTC and is 100% physically backed...
Crypto Pro Portfolio Tracker Gets a Major Update
13.8.2020
Crypto Pro app has extended its Apple device support and is now available on Mac, iPhone, iPad, and Apple Watch. What is Crypto Pro? Crypto Pro tracks cryptocurrency prices in real-time and displays interactive charts with indicators. Users can also read the latest crypto news, set custom price...
Defi Implosion: YAM Token Market Cap Plummets to Near Zero After Founder Claims He ‘Failed’
13.8.2020
Yield farmers excited about the recent decentralized finance (defi) project, Yam Finance, got a rude awakening after the token’s value plummeted in value to near zero. Yam Finance developers discovered a major flaw in the rebasing contract and at 4 a.m. ET, cofounder Brock Elmore tweeted that...
305 Venezuelan Municipalities to Collect Tax in Cryptocurrency Petro
13.8.2020
Venezuela’s national tax harmonization agreement has been signed by the council representing 305 municipalities. They have agreed to use the country’s cryptocurrency, the petro, as the unit of account for tax payments. Taxing in Petro The Bolivarian Council of Mayors signed...
High Fees Make BTC Less Appealing for Remittances in Africa: ‘Pray Blocks Happen Quickly’
13.8.2020
Bitcoin trading volumes are on the rise on the African continent despite the ongoing concerns about the high network fees. Data shows peer to peer bitcoin trading platforms recorded spiked growth in volumes starting in April. This was the same time as many countries implemented lockdown measures....
Ripple Aims to Become the Amazon of the Cryptocurrency World
13.8.2020
Ripple is working to explore new use cases for its blockchain network