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Venezuelan Petro Crypto Pay Platform Left in Two-month Limbo
6.3.2020
Venezuela’s biometric authentication-powered crypto payment system is still down, over two months after it went offline, causing havoc for traders across the country.
The Biopago platform was the brainchild of the central Bank of Venezuela and allowed citizens to make payments in the petro (PTR)...
It’s Too Early to Revise USD 20K per Bitcoin Prediction - BitPay CCO
6.3.2020
Source: iStock/Bychykhin_Olexandr
Following warnings in January that “unforeseen incidents” may occur and potentially affect bitcoin (BTC) price, the Chief Commercial Officer (CCO) of major crypto payment processor BitPay, Sonny Singh, now says that the Coronavirus could be such an incident....
Browse Decentralized Sites on Chrome With This Extension
6.3.2020
Unstoppable Domains, a San Francisco-based company that's building blockchain domain names, has launched a Google Chrome web browser extension, saying it wants to bring censorship-resistant websites, based on the Ethereum network, to its users.
Google Chrome is currently the most-used web browser...
Litecoin Bounces Off Firm Support as MimbleWimble Nears
6.3.2020
Litecoin (LTC), the cryptocurrency created by Charlie Lee as a near-identical copy of bitcoin (BTC) in 2011, is once again gaining interest from investors as the price bounced off a key technical support level, while developers reveal that a testnet with new privacy features can be expected by...
Ethereum Scalability Solution is Coming 'Soon,' says Vitalik Buterin
6.3.2020
Vitalik Buterin. Ethereum (ETH) has a plan to fix its well-known scaling issue, and co-founder Vitalik Buterin says the solutions will start rolling out soon.
In an interview with BLOCKTV this week, he said that scaling, a major Ethereum problem that's been pointed out many times, is something...
South Koreans Welcome New Crypto Laws – But There’s a Word of Warning
6.3.2020
South Korean cryptocurrency industry chiefs, legal experts, politicians and more have been having their say on yesterday’s landmark vote in the National Assembly to introduce the nation’s first-ever package of crypto-specific legislation.
As previously reported, the National Assembly green-lighted...
Bitcoin and Altcoins Gaining Bullish Momentum
6.3.2020
After forming a support base above the USD 8,850 level, bitcoin price climbed above the USD 9,000 pivot level. BTC/USD even surpassed the USD 9,100 level and it might continue to rise steadily towards USD 9,280 and USD 9,450 in the near term.
Similarly, most major altcoins are gaining bullish...
Introducing Bitcoin Profit
6.3.2020
Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists.
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Bitcoin Profit is a unique, automated trading platform that helps people carry out trading activities with bitcoin (BTC) and other cryptocurrencies with ease.
There are now a large number...
Argentinian Provinces Mull Stabelcoin-powered Answer to Financial Mess
5.3.2020
More Argentinian provincial governors are considering the issuance of locally issued digital tokens or stablecoins.
As previously reported on Cryptonews.com, Josefina Canale, the provincial deputy of Mendoza, in the northern-central part of the country, has already gone public this week with claims...
China to Build Another Blockchain Special Zone + More News
5.3.2020
A long-span suspension bridge, Hunan, China. 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.
Adoption news
The government of Hunan Province, China, will create a blockchain...
Power Plant Mines BTC 5.5/day, Secures 'Unique Position' Ahead of Halving
5.3.2020
An associative picture. The Greenidge Generation plant in New York’s Finger Lakes region can mine about 5.5 bitcoins per day (USD 50,000) after its operator installed some 7,000 mining machines in recent months, Bloomberg reported.
The machines work off so-called "behind-the-meter" power...
Ethereum Whales Accumulating, Bitcoin Futures Send a Sign
5.3.2020
Both bitcoin (BTC) and ethereum (ETH), the first and second most valuable cryptoassets by market capitalization, may be about to see a surge in interest from investors, new data suggests.
According to research from Santiment, a behavior analytics platform for cryptocurrencies, the 100 largest...
Investors Sue Bitcoin Mining Giant Canaan; Shares Crashed 48% in 3 Months
5.3.2020
A securities class action lawsuit has already been filed against the second-largest producer of Bitcoin (BTC) mining equipment, China-based Canaan (CAN). Meanwhile, the price of its shares dropped by almost 50% since the trading begun in November.
In their press release, investor rights law firm...
HTC Unveils Hub that Can Run Full Bitcoin Node
5.3.2020
Taiwanese tech giant HTC has announced the release of a new crypto 5G hotspot, the Exodus 5G Hub – describing the device as “the world’s most private router.”
The device will allow its users to run a fully operational bitcoin (BTC) node through the Zion network. The Exodus 5G Hub is scheduled...
Bitcoin Returns Above USD 9,000, Tezos Leads the Rally
5.3.2020
The most popular cryptocurrency, bitcoin (BTC) has returned above the USD 9,000 mark on Thursday, while tezos (XTZ), the 10th most valuable cryptoasset by market capitalization, is again seeing double-digit gains today following an improvement in overall sentiment in the broader crypto market.
At...
Why is New Protocol by EY, ConsenSys, Microsoft Important for Ethereum
5.3.2020
Major professional services firm EY has launched the Baseline protocol, a package of public domain blockchain tools for enterprises, which may contribute to greater enterprise adoption of the Ethereum network.
Announced Wednesday, this new protocol claims to bring significant benefits to...
Will Bitcoin Win Crypto Adoption Race? Coinbase CEO Not Sure
5.3.2020
Brian Armstrong. Source: a video screenshot, Youtube, a16z
There are elements that just might make crypto bigger this year, says Brian Armstrong, CEO of major crypto exchange Coinbase, but he's not sure which blockchain will win the crypto adoption race in the more distant future. Bitcoiners...
Bitcoin and Altcoins Sighting Crucial Bullish Break
5.3.2020
In the past three sessions, there was an increase in the positive sentiment for bitcoin above USD 8,650 and USD 8,700. BTC/USD broke the USD 8,850 resistance area and it is currently (09:00 UTC) making an attempt to climb higher above the USD 9,000 resistance.
Similarly, most major altcoins...
Breaking: South Korean Parliament Passes ‘Landmark’ Crypto Bill
5.3.2020
In a dramatic turnaround, the South Korean parliament, the National Assembly, has voted in favor of the country’s first cryptocurrency-specific legislation in the past few hours.
The amended Special Financial Transactions Information Act, which was approved by a National Assembly finance committee...
Bitcoin-powered Alternative to Five Peso Note Issued in Argentina
4.3.2020
Argentina has phased out its popular five peso note – but a cryptocurrency company has issued something of a digital replacement – in the form of a commemorative coin with a value redeemable in bitcoin (BTC).
Per TyN Magazine, the five peso bill featured a portrait of the 19th-century historical...