Search
New South Korean Crypto Law May ‘Force 190 Exchanges to Close’
12.3.2020
While much of the South Korean crypto community is still celebrating the introduction of the country’s first-ever piece of crypto-specific legislation, others are warning that the overwhelming majority of crypto exchanges will likely go under once the new laws’ banking stipulations come into...
No, CME Did Not Shut Down Bitcoin Derivatives Market
12.3.2020
Source: iStock/StockSeller_ukr
Following an announcement from CME Group yesterday, some might get confused that the major derivatives market would shut down trading in bitcoin (BTC) futures & options, along with trading in other assets. Fortunately, this is not the case.
What CME really said...
Bitcoin and Altcoins Extend Decline
12.3.2020
In the past few hours, there was a sharp decline in bitcoin price below the USD 7,800 support. BTC/USD declined more than 6% and it even broke the key USD 7,500 support level. It seems like the bears are aiming a test of the USD 7,200 support level in the coming sessions.
Similarly, most major...
Berkeley Blockchain Xcelerator to Accelerate These 17 Startups
11.3.2020
The Berkeley Blockchain Xcelerator, a joint venture by major organizations on the UC Berkeley campus, public research university in California, U.S., has selected its top projects for its third blockchain Xcelerator batch - the largest yet.
The Berkeley Blockchain Xcelerator is a joint venture...
2 Japanese Business Giants to Offer Crypto Margin Trading + More News
11.3.2020
Source: iStock/Avalon_Studio
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.
Exchanges news
SBI VC Trade, the crypto exchange run by the Japanese financial giant SBI, will follow...
Chinese Blockchain Pilot Processes USD 56m Worth of Int’l Trade
11.3.2020
A blockchain-powered trade finance platform developed by China’s foreign exchange regulator has already processed cross-border payments worth USD 56.36 million and completed export financing totaling USD 460 million as part of a year-long pilot in selected areas of the country.
Chongqing...
Can ‘Old’ Users from U.S. Still Trade on Binance.com?
11.3.2020
Source: Instagram, Binance
Major cryptocurrency exchange Binance is allegedly allowing some users from the U.S. to trade on the Binance.com platform, instead of Binance.US.
Though trading on Binance.com for U.S. citizens has seemingly been forbidden, some alleged users are claiming that they...
BAT Outperforms Bitcoin, Ethereum on Uber, Amazon, HBO News
11.3.2020
Source: Brave, Twitter
Blockchain-powered decentralized browser Brave recently announced that its desktop users can now redeem basic attention token (BAT) holdings for rewards offered by more than 250,000 commercial partners – and it appears that the news has been met with a surge in token...
Bitcoin Options Volumes Surged During Recent Price Drop, Then Died Off
11.3.2020
The nascent market for bitcoin options contracts saw surging trading volumes as the bitcoin (BTC) spot price dropped heavily last Sunday and Monday. Since then, however, interest has largely died off, with volumes now back to a normal range.
The total bitcoin options trading volume on Monday...
MIOTA Outperforms Many Top 30 Coins As IOTA Mainnet's Switched Back On
11.3.2020
After a rough few weeks, IOTA's mainnet is live again, pumping life in MIOTA as well it seems, as the coin outperformed many of its peers in the top 30 category today.
After almost a full month of being down, following the recent attack, the IOTA mainnet is operating again, shows the IOTA...
Crypto Startup CEO, Attendee of Ethereum Conferences Diagnosed With Coronavirus
11.3.2020
Zhen Ju Yong (Zen), CEO and Co-Founder of Singapore-based distributed private key management solution, Torus Labs, said he has been diagnosed with Covid-19 virus and is currently staying at an isolated ward in a hospital.
"I fell ill yesterday and have just been diagnosed with" Covid-19...
Suspected Coincheck Hackers Arrested After Selling XEM for Bitcoin
11.3.2020
Tokyo police say they have arrested two men over the hack of Japanese crypto exchange Coincheck. The platform was raided for some USD 400 million worth of NEM (XEM) tokens in January 2018, in what remains the world’s biggest-ever theft of cryptocurrency.
Police have been chasing the perpetrators...
Bitcoin and Altcoins Trading Near Crucial Juncture
11.3.2020
After testing the USD 7,650 support area, bitcoin price started a short term upside correction. However, BTC/USD struggled to gain bullish momentum above the USD 8,000 and USD 8,080 levels. The price is currently (08:30 UTC) consolidating below USD 8,000 and it seems to be preparing for the next...
Competition Among Seized Bitcoin Auctions Might Get Tougher
10.3.2020
Belarus could join the growing ranks of countries that allow government agencies and police forces to seize and auction cryptoassets, closing legal loopholes that currently bar the seizure of digital coins.
In an interview, Ivan Noskevich, the head of the Belarusian Investigative Committee, told...
USD Coin and Tether Issuers Expand Their Services + More News
10.3.2020
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.
Stablecoins news
Major crypto financial services firm behind the USD Coin (USDC) stablecoin, Circle, has released a new set...
This Ethereum-Based Platform Might Get New Clients Thanks to Coronavirus Lockdown
10.3.2020
An online education provider says it will give students and teachers stuck at home in coronavirus-related lockdowns and quarantine something new and constructive to do – brush up on their blockchain technology and cryptocurrency knowledge and skills.
Per a press release from ODEM (ODE), which...
Check These 17 Countries Where Samsung Blockchain Keystore is Available
10.3.2020
Samsung Galaxy S20 Ultra. Samsung Blockchain Keystore, meant to manage private keys, is now available on the latest Galaxy devices in seventeen countries, Cryptonews.com has learned.
As reported less than a month ago, after much expectation, the Cryptoverse laid their eyes on the newly unveiled...
Ethereum Locked in DeFi Rises, While Flash Loan Holes Are Being Plugged
10.3.2020
Due to a recent crypto market crash, Ethereum (ETH) locked in DeFi (decentralized finance) is on the rise, while industry players are fixing the flash loan manipulation problem and MakerDAO raises the governance delay.
In early February, total value locked (TVL) in DeFi surpassed USD 1 billion....
Bitcoin Back Above USD 8k, Analysts Say Virus Fears Did Impact Price
10.3.2020
Source: iStock/da-kuk
While crypto may be an uncorrelated asset class, one analytics firm says that the virus fears had an “undeniable effect” on cryptocurrency prices, following the massive sell-off in both stocks and crypto on Monday.
However, on Tuesday, markets turned green as bitcoin (BTC)...
Dogecoin Outperforms Bitcoin as Broader Market Turns Green
10.3.2020
Source: iStock/isa_ozdere
Dogecoin (DOGE), the cryptocurrency originally created as a joke in 2013, has been on a roll this year, gaining more than 70% from the beginning of the year until a peak in mid-February. Since then, however, DOGE has sold off along with the rest of the market, despite...