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Binance China’s Presence ‘Grows’ as Unit Joins UN Sustainability Drive
19.6.2020
Multiple Chinese media outlets are reporting that Binance China’s influence is “growing” in the Middle Kingdom after the exchange’s domestic arm joined the United Nations Global Compact sustainability drive.
The UN drive describes itself as a “non-binding pact to encourage businesses worldwide...
Most Bitcoin Traders are Retail, But Pros Dominate the Market - Report
19.6.2020
Although the bitcoin (BTC) market has grown to include a huge number of smaller retail traders, the markets where bitcoin prices are actually determined are still dominated by a small number of “professional traders,” a new report from crypto analysis firm Chainalysis said. These professionals...
Bitcoin And Altcoins Start Fresh Decrease After Crucial Rejection
19.6.2020
Yesterday, bitcoin started a fresh decrease after it failed to climb above USD 9,500. BTC gained bearish momentum today and broke the USD 9,300 support level. It seems like the price is likely to continue lower towards the USD 9,050 and USD 9,000 support levels.
Similarly, most major altcoins...
Reddit Asks Ethereum Community for a Scaling Solution
19.6.2020
Reddit is working on scaling its recently added Ethereum (ETH) crypto rewards system, and has asked its own community to lend a hand.
"Ethereum" and "scaling" are words that are often paired together. But as the network moves towards its second iteration, named Ethereum...
Tencent Registers Advertising, Fund Management Blockchain Patents
19.6.2020
Chinese business giant Tencent has registered a series of new blockchain patents, according to a new report – a possible hint that the company is on the verge of launching a series of new blockchain-related operations.
Per the Securities Times (via EGSEA), the Shenzen-based company, whose core...
Austria to Put Ardor Blockchain-Based Comms in Citizens' Hands
18.6.2020
A child chain called Ignis by software company Jelurida will be a part of a new project - QualiSig - that has for a goal secure, blockchain-based communication between Austrian authorities, the country's institutions and citizens in the times of the pandemic. Data control will be the responsibility...
A Blockchain Fix for China’s ‘Salmon-related’ COVID Spike + More News
18.6.2020
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
China’s “salmon”-related coronavirus spike could be addressed by adopting blockchain technology, per multiple media...
Ledger Bitcoin Selling Feature and More Coins Coming 'Soon'
18.6.2020
Major crypto hardware wallet manufacturer Ledger has more in store when it comes to its crypto features, the company confirmed via their PR representative.
As reported previously, Ledger launched a crypto buying option directly on their Ledger Live application. The manufacturer, however,...
Ethereum-Based Anti-Corruption Project Set for Trial in Colombia
18.6.2020
Blockchain technology may offer a solution for countries looking to get rid of corruption while increasing transparency in their governments, a recently published report from the World Economic Forum (WEF) suggests.
According to the report, titled Exploring Blockchain Technology for Government...
Bitcoin and S&P 'Largely Uncorrelated' & 'Not Uncorrelated' - Analysts
18.6.2020
A look at a larger picture shows that bitcoin (BTC) and stocks have been uncorrelated for most of the coin's existence, says an analyst, while another one adds that BTC is "not an uncorrelated asset." It's a matter of nuance, it seems.
The question of whether or not bitcoin is correlated...
British Money Printer Goes BRRR: Bank to Buy USD 125bn of Bonds
18.6.2020
The Bank of England – the UK’s central bank – has sent its money printers into full BRRR mode, agreeing to essentially create USD 125 billion worth of pound sterling as the coronavirus pandemic continues to disrupt the British economy.
Per the BBC, the bank’s nine-member governing council voted...
Japanese Financial Giant Nomura Launches Digital Asset Custody Service
18.6.2020
Japan looks to have a brand new crypto player – with big-hitting financial group Nomura launching digital token-related business activities.
Per Japanese media outlet CoinPost, the Japanese company has teamed up with crypto firms Ledger and CoinShares to launch B2B “digital assets” custodial...
Ex-CFTC Chairman w/ Ripple as a Client Argues XRP is Not a Security
18.6.2020
As the debate continues over whether XRP, the cryptocurrency affiliated with US-based fintech company Ripple, is or is not a security, a former US financial regulator is the latest person to join the discussion. However, there now exists a business connection between the ex-regulator and Ripple....
Bitcoin And Altcoins Continue To Fail Near Major Hurdles
18.6.2020
Yesterday, bitcoin made another attempt to climb above the USD 9,550 resistance zone. However, BTC failed to continue higher and recently started a slow decrease. It is currently (08:30 UTC) trading well below USD 9,500 and it might continue to move down towards USD 9,300.
Similarly, most major...
Insider Claims Trump ’Told Treasury Secretary’ to ’Go After’ Bitcoin
18.6.2020
Donald Trump has been "after" bitcoin (BTC) for at least two years now, allegedly stating the world's number one token is a fraud, per claims in a new tell-all book.
The United States President allegedly told Treasury Secretary Steven Mnuchin to crack down on the trading and selling...
Bancor Discovers Security Vulnerability, Drains USD 460,000 Of User Funds
18.6.2020
Bancor, an on-chain liquidity protocol for Ethereum and other blockchains, has discovered a security vulnerability. The team informs that upon discovery it has used a white-hack attack to migrate all funds at risk to safety, and all user funds are secure, although the situation is still...
‘Interesting’ Two-bill Plan May Save ‘Shambolic’ Russian Crypto Law
18.6.2020
Industry insiders say the Russian government’s cryptocurrency policy is “shambolic” and says Moscow “urgently needs to start doing its deliberation behind closed doors,” while other experts welcome a possible two-bill solution.
The comments came after another government ministry spoke out against...
Bitcoin Price Not as News-Driven as Previously Thought, Study Finds
18.6.2020
Source: Adobe/Pixel-Shot
Despite bitcoin (BTC) having a reputation for wild price swings, investors shouldn't necessarily get too concerned about potential bad news surrounding it, suggest the results of a new study on bitcoin’s price volatility.
The study went into great detail on the impact...
Six Blockchain Companies Make WEF 100 Technology Pioneers List
17.6.2020
The ever-growing amount of positive news surrounding blockchain technology testifies to its rising popularity. Six blockchain companies were included on the World Economic Forum (WEF)'s 100 Technology Pioneers for 2020 list. And a survey has found that more than a third of the world's companies...
South Korean Public Power Firm Takes Blockchain Plunge
17.6.2020
South Korean energy provider the Korea Electric Power Exchange (KPX) has become the first public institution in the country to adopt a blockchain-based proposal evaluation system.
Per a report from Energy Daily, KPX will now use a Hyperledger Fabric-based solution to weigh up power-related business...