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5 Ways to Reduce Risks for Customers in Case Bitcoin Exchange Fails


Amending laws to accommodate the nature of cryptoassets, tracing on-chain transactions, and prohibiting the re-use of deposited bitcoin (BTC) are some of the ways to reduce risks in case a custodian sinks, according to researchers from the Netherlands' Leiden University. Their recent paper looks...

Payment-Centric Projects Bring Blockchain to People – Blockdaemon CEO


Payment-centric projects are the ever-larger focus of Blockdaemon, a blockchain infrastructure platform for node management, as these bring blockchain to the masses, CEO and Founder Konstantin Richter told Cryptonews.com, noting that Celo and Libra have fundamental differences. Blockdaemon...

3 Experts on 3 Ways to Compare Cryptoassets


Dispersion of coins, order book data, and traditional customer growth metrics are three useful ways to compare cryptoassets, according to three crypto industry players. On Monday, during a panel at Messari’s Mainnet event, Kaiko CEO Ambre Soubiran, Coin Metrics Co-founder Nic Carter, and Flipside...

Ethereum's Layers, Mining moves, Swiss Bitcoin Banking + More News


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 Ethereum (ETH) co-founder Vitalik Buterin said that the initial deployment of Ethereum's layer 2 scaling strategy...

Bitcoin Drops Below USD 10,000, Erases 24 Hour Gains in Minutes


After staying above USD 10,000 for around half a day, bitcoin (BTC) dropped below this important level once again, in 10 minutes erasing all its gains in the past 24 hours. At pixel time (15:07 UTC), BTC trades at USD 9,557 and is unchanged in a day. The price is still up by 8% in a week and 14%...

‘Post-dollar World’ May Be Run by Digital Yuan – Analysts


International experts are warning that China’s forthcoming digital yuan might be gunning not only for the United States dollar, but also for bitcoin (BTC)’s market share – while slumping dollar prices have prompted some to ask if BTC currently presents a better investment opportunity than...

Options Market Keeps Sending Bullish Signs to Bitcoin Investors


After a day of strong price gains that sent bitcoin (BTC) up by nearly 6% over the past 24 hours to breach the important USD 10,000 level, the options market may have even more good news in store for hopeful investors. According to data from Skew, a provider of crypto derivatives analytics,...

America’s Most Wanted: USD 5m Bounty Offered for Venezuela Crypto Boss


America has slapped a USD 5 million bounty on the head of Joselit Ramírez Camacho, Venezuela’s head of cryptocurrency – accusing him of “having deep political, social and economic ties to multiple alleged narcotics kingpins.” In an official release, the American Immigration and Customs...

Western Union Aims to Acquire Ripple's Partner MoneyGram - Report


Payments giant Western Union is reportedly interested in purchasing major money transfer company MoneyGram, co-owned by American blockchain company focusing on payments technologies Ripple. Western Union aims to acquire MoneyGram, thus joining two of the largest US providers of money-transfer...

Bitcoin Settles Above USD 10,000, Altcoins Could Extend Rally


In the past two days, there was a steady rise in bitcoin price above the USD 9,500 resistance. The recent surge was such that BTC was able to clear the main USD 9,950 and USD 10,000 resistance levels. It tested the USD 10,350 resistance zone and currently (08:40 UTC) consolidating above...

Major Technical Breakout Spotted as Bitcoin Reaches USD 10,000


As bitcoin (BTC) once again reached the crucial USD 10,000 barrier on Monday night (UTC time), the BTC chart is showing signs of what could be a major breakout after a series of failed attempts at moving higher. At pixel time (05:22 UTC), bitcoin was up by 5.6% over the past 24 hours, trading at...

South Korean Gov’t May Introduce Capital Gains Tax on Crypto Earnings


The South Korean government could introduce capital gains tax on crypto earnings – and may unveil its proposals as early as next month. Per a report from Digital Today, the South Korean Ministry of Economy and Finance is seriously considering imposing the same sort of tax rules on crypto earnings...

Venezuelans Now Can Pay for Petrol in Fiat or (State-issued) Crypto


The Venezuelan government has announced that drivers can now fill their gas tanks with fuel – and pay using foreign currencies or the state-issued cryptoasset the petro (PTR). Caracas made its announcement over the weekend, and the measure became effective as of June 1, per a tweet from state-owned...

Crypto Listing and Delisting Announcements: Week 22


Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know...

These High Profile Bitcoin Investors Accumulate Ethereum Too


Source: Adobe/H_Ko Following strong price gains this year, prominent bitcoin (BTC) investors are revealing their growing interest in ethereum (ETH). The most recent example is Garry Tan, Co-founder of venture capital firm Initialized Capital, and one of the early investors in major crypto exchange...

BMW Blockchain Pilot, Bitcoin Competition + More News


Source: Adobe/david_franklin 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 and DLT news BMW’s blockchain platform Vantage is set for a pilot in South Korea,...

“Bitcoin Halving” in the Time of Corona


The text below is an advertorial article that was not written by Cryptonews.com journalists. In the last few months, we’ve learned that many things that seem safe and unchanging don’t have to be that way. For example, the Olympic Games have been postponed, which has never happened in history....

Crypto Market Sentiment Takes a Step Up; Bitcoin and Ether Remain Positive


Crypto market sentiment has taken another step upwards. Following the last week's small rise to 5.13/10, the combined moving 7-day average market sentiment score (sentscore) for the top 10 coins has increased to 5.33 over the course of last seven days, as shown by crypto market sentiment analysis...

$1,000,000.00 in Bitcoin Up for Grabs at LA Blockchain Summit Virtual


Disclaimer: The text below is a press release that was not written by Cryptonews.com. Staying true to their mission of producing world-class experiences, events, and initiatives that promote responsible investing and mass-adoption of blockchain technologies, the LA Blockchain Summit is now going...

Russia Sending Mixed Signals: Is China-style Bitcoin Crackdown In Works?


Last week, a leading Russian parliamentarian claimed that Duma financial policymakers were not behind any calls for a ban of cryptocurrencies, such as Bitcoin (BTC). This week starts with worrying news as legal experts and crypto industry leaders have taken aim at a draft bill set to be put before...

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