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FTX Exchange 'Games the Rules' on BAL Token Distribution – Report
26.6.2020
Following a sharp rise in price during its first few days of trading, decentralized finance (DeFi) platform Balancer’s BAL token is down by nearly 16% today - after the team behind the new protocol had to intervene to stop an exchange from continuing to exploit a weakness in the token distribution...
Blockchain Game Firm Releases Samsung Phone Featuring a Crypto Wallet
26.6.2020
Source: H_Ko
Samsung has released three special-edition Galaxy smartphones in conjunction with WeMade Tree, the blockchain arm of South Korean gaming giant WeMade.
The devices are customized versions of the Samsung Galaxy S20, S20+ and S20 Ultra, but come pre-loaded with WeMade Tree’s Wemix...
Why All Students Should Take A Blockchain or Cryptocurrency Class
26.6.2020
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Business photo created by master1305 - www.freepik.com
The world of technology is changing everything around us. Not only has it changed the working landscape, but it has infiltrated out social spheres...
Telegram Chief Durov Says He Has Already Repaid Investors USD 1.2 Bn
26.6.2020
Telegram boss Pavel Durov says he has paid back some USD 1.2 billion to investors in the now-abandoned Telegram Open Network (TON) blockchain platform after an out-of-court settlement with the United States regulatory body the Securities and Exchanges Commission (SEC).
Investors had stumped up...
Bitcoin And Altcoins Remain At Risk of More Downsides
26.6.2020
Yesterday, we saw a fresh decrease in bitcoin price below the USD 9,300 support. BTC even tested the USD 9,000 support and recently started an upside correction. However, the price is currently (08:30 UTC) struggling to recover above USD 9,300 and it could continue to move lower.
Similarly, most...
'Unstoppable' Malware Uses Bitcoin To Retrieve Secret Messages - Report
26.6.2020
Glupteba, a sneaky malware that can be controlled from afar includes a range of components to cover its tracks, and it updates itself using encrypted messages hidden in the Bitcoin blockchain, write cybersecurity experts from Sophos Labs.
The Glupteba bot is a malware campaign that creates...
Telegram Users' Data on Dark Web, Arrest for Buying Bitcoin + More News
25.6.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crime news
A Russian website alleges that data on an undisclosed number of Russian and Iranian Telegram users is circulating on...
USD 200m Hacker Group Targets American, Japanese Crypto Exchanges
25.6.2020
A security firm has warned that a group of hackers named CryptoCore has been raiding crypto exchanges – and may have amassed a USD 70 million crypto pot, leaving a USD 200 million trail of damage in its wake.
Per a report from Clear Sky Security, CryptoCore is thought to comprise individuals based...
ISIS Affiliated News Site Stops Accepting Bitcoin, Moves To Monero
25.6.2020
The Islamic State of Iraq and Syria (ISIS) terrorist organization is reportedly moving away from Bitcoin (BTC) with ISIS-associated news website ditching the world's oldest cryptocurrency and moving on with monero (XMR) as a currency of choice for public donations, claims blockchain intelligence...
Binance Teams up with Payments Firm to Allow ‘Low-fee’ Crypto Buying
25.6.2020
*********NOTE FROM AUTHROR: EMBARGOED UNTIL June 25, 9 am ET/3 pm CET.********
Estonia-based payment solutions provider Mercuryo says it has struck a partnership deal with Binance that will allow exchange customers to buy crypto with fiat. The latter claims that the move will allow customers to...
Domain-powered Transfers: Huobi Wallet in Unstoppable Domains Deal
25.6.2020
Huobi Group's multi-chain Huobi Wallet has teamed up with Unstoppable Domains, a San Francisco-based company that builds domains on blockchain networks, enabling wallet users to transfer their cryptocurrencies using .crypto domains. Besides aiding crypto adoption, say the companies, this will also...
Ripple Chief: US Risks ‘Chaos’ by Letting China Win Blockchain Race
25.6.2020
Ripple executive chairman and co-founder Chris Larsen has warned Washington to “get a lot more involved in blockchain,” stating that the United States is “slow to the game” – and is allowing China to pull ahead in the race to digitize finance.
In a video conversation with Wall Street Journal...
USDC Ends Ethereum Exclusivity, Begins Algorand Partnership
25.6.2020
Source: Adobe/Sashkin (edited by Cryptonews)
The operator of stablecoin USD coin (USDC) is to end its exclusive relationship with the Ethereum blockchain network and will move to Algorand, with expansion onto other blockchain networks to follow.
USDC is run by Centre, a joint project that comprises...
Judge Says No to Sanctions on Craig Wright, Clears Case for July Trial
25.6.2020
Craig Wright. Source: a video screenshot, Youtybe, CoinGeek
A judge has ruled against imposing sanctions on Craig Wright, the controversial Australian computer scientist and backer of Bitcoin SV (BSV), in the legal battle between Wright and the estate of his former partner Dave Kleiman. The judge...
Bitcoin And Altcoins Nosedive As Bears Take Over Crypto Market
25.6.2020
Yesterday, bitcoin price started a fresh decline below USD 9,550. BTC failed to stay above the USD 9,500 support and it declined more than 4%. It tested the USD 9,000 support and recently corrected above the USD 9,200 level. However, the previous support at USD 9,300 and USD 9,350 could prevent...
Digital Currency Might be a Win-Win for Governments & Protesters Alike
25.6.2020
Thanks to smaller processing fees and quickened fiscal response in crisis situations, the digital dollar could save the American taxpayers billions of dollars for sending and processing stimulus checks, argues Forbes contributor Roger Huang. Furthermore, it would legitimize and increase...
Bitcoin Must Be Tied to Commodities Basket to Be Currency - Steve Hanke
24.6.2020
Bitcoin (BTC) is not a currency, and to be one it needs to be tied to a basket of commodities, says Steve H. Hanke, a Professor of Applied Economics at the Johns Hopkins University and a prominent expert on hyperinflation.
Hanke warned against investing in this asset.
"Bitcoin is a highly...
17 Companies to Make Blockchain ID Platform; CBDC Calatyst + More News
24.6.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
A total of 17 Chinese tech companies, including a number of banks, will co-launch a decentralized...
Brazilian Bank Joins Hands w/ Chainalysis, Steps Up Crypto Compliance
24.6.2020
Source: Adobe/Anton Balazh (edited by Cryptonews)
Things are hotting up for crypto users in Brazil, where commercial bank Banco Topázio has announced that it will be using monitoring and transaction tracking solutions provided by blockchain security firm and data analysis specialist, Chainalysis...
Ethereum Transaction Fees Rise Further, Gap with Bitcoin Narrows
24.6.2020
As transaction fees on the Ethereum (ETH) blockchain continue to rise, some are warning that the network's competitors may benefit if the issue is not dealt with. Meanwhile, the gap between the number 1 and number 2 coins by market capitalization got a lot narrower – as the former's fees dropped...