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‘Bitcoin is a Constantly Evolving Suite of Protocols’


Bictoin (BTC) managed to bring in numerous developers to improve and build innovations on its underlying code base, from layer 2 technologies to emerging smart contract solutions, but it remained the same – nobody so far managed to change its core properties, says Lucas Nuzzi, director...

Constantinople Beat Istanbul as Ethereum Price Drops Ahead of the Upgrade


Source: iStock/Photographer, Filmmaker, Designer A few days before the eight network upgrade, Istanbul, Ethereum (ETH) price is down by 21% in a month. In comparison, the price jumped almost 30% in a month before the previous upgrade, Constantinople, that occurred on February 28. Back then,...

Bifinex Deal to Enable Bitcoin-powered Mobile Phone Top-ups and More


Crypto exchange Bitfinex has struck a partnership deal with Swedish cryptocurrency-powered gift cards operator Bitrefill. The agreement will let customers pay using Bitcoin (BTC) via the Lightning Network protocol – and the parties say they will begin allowing users to pay using other tokens...

World’s 5th Biggest Bank to Launch ‘Digital Currency’ Company in 2020


One of Japan’s largest companies, Mitsubishi UFJ Financial Group (MUFG), is set to co-launch a “digital currency” and smartphone-based payment service – in conjunction with Japanese human resources network Recruit. Per a report from Nikkei, the new joint-venture company will debut in 2020, and will...

Australian Police Seize Over USD 1 million in Crypto In Drug Bust


As the Australian Federal Police are developing their tech capacities, a recent drug bust of a property in Western Australia allowed officers from the Technology Crime Service to seize not only illegal substances, but also more than AUD 1.52 million (USD 1.04 million) worth of unspecified...

Bitcoin and Altcoins Gaining Bearish Momentum


In the past two days, bitcoin price failed to gain pace above the USD 7,350 and USD 7,400 resistance levels. As a result, BTC/USD started a fresh decline and recently broke the key USD 7,200 support area. However, the price is still holding USD 7,000 (09:00 UTC), below which there is a risk of...

Following Canaan, OneConnect Cuts its IPO Ambitions in Half


OneConnect Financial Technology, a unit of China’s major insurer Ping An, aims to raise up to USD 504 million in an initial public offering (IPO), compared to USD 1 billion, reportedly considered in June this year. The IPO was launched yesterday after the company reduced both its target offering...

The Bitcoin Halving Debate: Has the Market Priced In This Major Event?


One of the most contentious topics in crypto right now is next year's Bitcoin (BTC) halving. From around May, miners will receive only BTC 6.25 (USD 46,000) as a reward for every block they confirm, and the crypto community is currently at odds over whether the resulting reduction in supply...

Top 4 Major Challenges For DLT, According to 200 Businessmen


Four most pressing challenges facing distributed ledger technology (DLT) industry today are identified in the November 2019 paper on blockchain in trade, titled: “A Reality Check.” The paper was written by Deepesh Patel, Editorial Director at Trade Finance Global (TFG), a trade finance platform...

IT Analyst Admits He Blackmailed Apple for Bitcoin


22-year old Kerem Albayrak, a London-based IT analyst, has admitted to blackmailing tech giant Apple in March 2017 after releasing a YouTube video of himself hacking into iCloud accounts, the Daily Mail reported. By paying the ransom, Apple was to prevent Albayrak from selling the personal data...

Nordea Employees Banned From Buying Bitcoin + 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. Regulation news Nordea Bank is free to prevent its employees from investing in Bitcoin (BTC) and other cryptocurrencies in their...

'The Best and Cleanest Bitcoin is From the Silk Road'


'The best' bitcoins are the ones from the Silk Road, the first modern darknet market, because they’ve got through the U.S. Marshalls and have been 'blessed' by the U.S. government – 'those are very clean,' Matt Walsh, Partner at Castle Island Ventures, a U.S.-based venture capital firm, joked while...

Why Has Binance Just Bought a Chinese Dapps Analytics Platform?


Source: Instagram, Binance Major crypto exchange Binance has continued its seemingly relentless acquisitions drive with the purchase of analytics service DappReview, an information resource for blockchain-powered decentralized applications (dapps). In a Binance blog post, the company said that...

Brazilians Make 2.5 Million Crypto Transactions in Just 8 Weeks


Cryptocurrency usage rates continue to soar in Brazil, despite the recent introduction of tax laws that require traders and investors to declare their Bitcoin and altcoin transactions. Per media outlet G1, Brazilian tax authority the Receita Federal (the Department of Federal Revenue) has released...

Bitcoin and Altcoins Topside Bias Vulnerable


In the past three sessions, bitcoin price mostly traded in a range below the USD 7,350 and USD 7,400 resistance levels. BTC/USD could start another bearish wave below USD 7,200 if it continues to face resistance near USD 7,400. Similarly, most major altcoins traded in a range with a minor bearish...

Ethereum Developer Facing up to 20 Years in Prison Gets Top Lawyer


36-year old Ethereum (ETH) developer Virgil Griffith, who's facing up to 20 years in prison for allegedly helping North Korea avoid sanctions, is now represented by Brian Klein, high-stakes trial attorney and partner at Los Angeles-Based law firm Baker Marquart. Brian Klein. "I now represent...

Using Blockchain to Fight Fake Corporate News and Stock Swings


Disclaimer: The text below is a press release. ________________ December 2, 2019, New York City – Business journalists are constantly targeted by hackers and "hacktivists" trying to get fake financial stories covered by a quality news source. Motivated by profit, politics or malice, these scammers...

Crypto Listing & Delisting Announcements: Week 48


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...

Crypto Market Sentiment Drops More; 4 Coins Enter the Negative Zone


The cryptocurrency market sentiment did not manage to recover from its major tumble last week, despite the situation looking greener. The combined moving average 7-day market sentiment measure for the top 10 coins by market capitalization fell for the fourth week in a row, from last Monday’s 4.39...

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