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BitMEX and Arthur Hayes Now Have USD 300 Million Problem
12.12.2019
Arthur Hayes. Major crypto exchange BitMEX and its co-founder and CEO Arthur Hayes just got into another problem.
The company and its CEO are now being sued for USD 300 million by Frank Amato, a former JPMorgan Chase commodity derivatives trader, and RGB Coin Ltd., who claim to have been the first...
There’s a New Game That Will Make You a Bitcoin Collector
11.12.2019
A game screenshot.
Want to be a Bitcoin (BTC) collector, but you are either afraid of getting in the game or don’t have the funds to? Want to see what life is like for miners (not literally)? Well, there’s a literal game for you to play and experience what it’s like being a miner.
The Cryptoverse...
New Crypto Rules in New York + More News
11.12.2019
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.
Regulation news
The New York Department of Financial Services (NYDFS) issued their 'Proposed Guidance Regarding Adoption or Listing...
Twitter Aims To Set New Bluesky For Decentralized Social Media
11.12.2019
Jack Dorsey. Source: a video screenshot, Youtube/Ted
Twitter has just launched a new project, bluesky, aimed at developing a "decentralized standard for social media."
"Twitter is funding a small independent team of up to five open source architects, engineers, and designers to develop an open...
Hedge Fund Chief ‘Concerned’ by Growing Bitcoin Stock-to-Flow Hype
11.12.2019
The CEO of Singaporean hedge fund Three Arrows Capital has warned that stock-to-flow-based predictions about rising Bitcoin (BTC) value in 2020 could be wide of the mark – and has claimed that investors pinning their hopes on mining reward halving and stock-to-flow movements could end up...
New Ethereum Scaling Solution is Not New, Says BTC Dev; ETH Camp Fights Back
11.12.2019
The never-ending sandbox fight between Bitcoin (BTC) and Ethereum (ETH) camps just got a new twist.
A scaling solution for Ethereum was proposed the other day, but now, some bitcoiners claim this is an old idea and that it might be implemented in Bitcoin if it proves valuable.
Short recap:...
Zcash Outperforms Bitcoin, Ethereum as it Prepares For Blossom
11.12.2019
Zcash (ZEC), the privacy-focused cryptocurrency, is set to activate “Blossom,” a code improvement, in a mandatory system-wide upgrade today, and is among the best performing coins on Wednesday and in the past week.
At pixel time (12:30 UTC), ZEC, is changing hands at c. USD 31 and traders...
How Saying 100K Times ‘Crypto’ Helps Homeless (And Promotes Your Startup)
11.12.2019
CoinBurp CEO, Peter Wood, during a live stream. In an ambitious bid to raise money for Centrepoint, a UK homeless charity, and encourage charities to accept cryptocurrency as the form of donation, Pete Wood, the CEO of CoinBurp, a crypto startup, has challenged himself to say the word ‘crypto’...
Chinese City Named as Digital Yuan Testbed Launches Blockchain ID
11.12.2019
As China gears up for a major blockchain drive, and the expected launch of its digital yuan next year, the city of Shenzhen and one of the country’s biggest banks – China Construction Bank (CCB) – appear to be playing vital roles.
Per news agency Xinhua and media outlet the Global Times, local...
This is How 'Sheep Investors' Helped Build Alleged USD 722M Crypto Ponzi
11.12.2019
Source: iStock/ridvan_celik
U.S. law enforcement has arrested three men in connection with a USD 722 million cryptocurrency mining Ponzi scheme that targeted thousands of investors the conspirators called “dumb” and “sheep.”
The U.S. Attorney’s Office for the District of New Jersey said yesterday...
ShapeShift Denies Claims By Kraken That KeepKey Can be Hacked in 15 Minutes
11.12.2019
The KeepKey hardware wallet. Source: KeepKey, Instagram
After cryptocurrency exchange Kraken reported a flaw in hardware wallet KeepKey, the owner of this product, crypto exchange ShapeShift replied that the report is misleading and the attack difficult to carry out.
The story starts on December...
Bitcoin and Altcoins Start Fresh Decrease, Bulls In Check
11.12.2019
After a failed attempt to clear the USD 7,550, bitcoin price started a fresh decline. BTC/USD broke the USD 7,400 support area and even the USD 7,350 pivot level. The price is now (09:00 UTC) struggling to stay above USD 7,200 and it may continue to move down.
Similarly, there was a fresh decrease...
Ripple Launches Xpring.io with Wallet and Brings More Updates
11.12.2019
Ripple is still on the role with developments it seems, as the California-based blockchain company now announced a developer portal, as well as a number of updates and additions to their to Xpring, XRP Ledger, Interledger, and their blog.
Ripple states that this is a part of their effort to build...
Ethereum Price Unmoved by ‘Missing Link to Mass Adoption’
10.12.2019
It's been almost a week since an important Ethereum (ETH) scalability solution was announced, but the market is still unimpressed by the “missing link to mass adoption of Ethereum.”
On December 5, Matter Labs, a developer of scaling and privacy engine for Ethereum, announced this “link”...
How to Increase Womens (And Men's) Interest in Bitcoin + More News
10.12.2019
Source: iStock/da-kuk
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
92% of surveyed women said that they would be more likely to invest if Bitcoin had a longer...
80 Japanese Banks Eye JPMorgan’s Blockchain
10.12.2019
Source: JPMorgan, Instagram
More than 80 Japanese banks have declared interest in joining JPMorgan Chase’s blockchain-based payment information network, the Interbank Information Network (IIN), making the country’s banking sector possibly the largest national player in the system powered by Quorum...
Market Shrugs Off Maker's Problems
10.12.2019
Maker (MKR), the native token of MakerDAO, remains largely unmoved by the market, despite a potential major loophole in MakerDAO was exposed, prompting a swift reaction from the foundation.
In the face of yesterday’s potentially bad news, followed by a quick response from the Maker Foundation,...
Bitmain Promises Big Discounts as Founder Wu Returns to Action
10.12.2019
Jihan Wu. Source: a video screenshot, Youtube, Bitcoin.com - Official Channel
Bitmain’s Wu Jihan has made his first address to clients following the conclusion of a bitter power struggle with the company’s former head – and has announced a series of measures aimed at boosting the Bitcoin (BTC)...
Global Citizens Call For 'a Global Unit of Account,' Says Central Bank
10.12.2019
Central banks in the Eurozone are increasingly turning their attention to the matter of digital fiats as they hurry to meet the needs of citizens who are more and more reluctant to use conventional cross-border payment solutions. But could their Central Bank-issued Digital Currency (CBDC) drives...
Amun AG Allowed to Expand its Crypto ETP Offering in the EU
10.12.2019
Swiss fintech firm Amun AG has received a regulatory green light to go ahead with its plans to expand the offering of crypto-based financial products within the European Union.
The firm announced today that the Swedish Financial Supervisory Authority (SFSA) has approved the Base Prospectus which...