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Bitcoin Mining Equipment Giant Canaan Fails to Raise USD 100 Million
21.11.2019
The second largest producer of Bitcoin mining equipment, China-based Canaan, has finally completed its initial public offering (IPO) after the third attempt, raising less than estimated.
While many have estimated that the company will raise USD 100 million at a USD 1.6 billion market...
'Insane' Number of Transfers on Ethereum and ETH Dapp 'Secret' Volume
20.11.2019
Two good news have reached the most popular smart contract platform and second biggest crypto network by market capitalization, Ethereum (ETH), in the past few days.
First, Ethereum managed the ‘insane’ number of transfers on its network. Second, improved ETH dapp (decentralized application)...
Several Hundred XRP Accounts Linked to "Dirty" USD 400 Million
20.11.2019
About USD 400 million worth of Ripple (XRP) has been found to be tied to illicit activity and several hundred XRP accounts are responsible for this, according to Elliptic, a London-based blockchain analytics startup.
"We began researching XRP more than a year ago and have already identified several...
The Mystery Of 80,000 Bitcoins Stolen From Mt. Gox
20.11.2019
Source: iStock/Ja'Crispy
The sixth richest Bitcoin wallet with nearly BTC 80,000 (c. USD 653 million) has been lying dormant ever since March 2011. The coins originate from the first major hack of the now bankrupt Mt. Gox exchange, and the owner of the wallet has never spent a sat, leading many...
Singapore's Message to Crypto Derivative Traders + More Crypto News
20.11.2019
Source: iStock/Jui-Chi Chan
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
Singapore’s financial regulator has proposed green-lighting crypto-token derivatives...
Bitcoin and Altcoins In Corrective Increase But Downtrend Intact
20.11.2019
In the past few sessions, there was a downside extension in bitcoin price below the USD 8,250 and USD 8,050 support levels. BTC/USD even tested the USD 8,000 handle and it is currently (09:00 UTC) correcting higher. However, there are many resistances on the upside near USD 8,250 and...
Passwords, Data of 1.4m XRP Ledger-based GateHub Wallets Leaked Online
20.11.2019
A security expert has reported that personal data and passwords belonging to users of the GateHub crypto wallet – which makes use of the XRP Ledger protocol – have been dumped onto a hacking community website.
Per media outlet Ars Technica and Tony Hunt of the Have I Been Pwned website,...
BOJ Rules out Digital Fiat, But Cambodia Could Issue a CBDC Next Year
20.11.2019
The governor of the Bank of Japan (BOJ) Haruhiko Kuroda has ruled out the possibility of launching a digital yen in the short term, but says the bank will continue to look into digital currency technology should the bank change its stance at a later date.
Per media outlet CoinPost, Kuroda also...
Miner Capitulation Speculated in Light of Falling Bitcoin Price
19.11.2019
As the price of Bitcoin (BTC) continues to drop, there’s been talk that many Bitcoin miners will have to start shutting down their machines.
The world’s most expensive cryptocurrency has been getting cheaper lately, dropping below USD 9,000 on November 8, and some experts estimate it could go below...
Binance, Coinbase Drop in 'Trusted Exchanges' Ranking, Gemini Leads
19.11.2019
Major crypto exchanges, such as Binance, Coinbase and Bitstamp dropped in the ranking of the "most trusted" exchanges, updated by a provider of the crypto market data CryptoCompare. Gemini and OKEx jumped the most.
As reported, CryptoCompare rolled out its Exchange Benchmark in June...
At Least BTC 1.5 Million Might be Lost + More Crypto News
19.11.2019
Source: iStock/Albert_Karimov
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.
Bitcoin news
At least BTC 1.5 million (USD 12 billion), or c. 8% of the current Bitcoin's supply...
Multi-collateral Dai is Live, Drawing Praise, Criticism and Confusion
19.11.2019
A multi-collateral stablecoin Dai is officially live and is assigned the name Dai. The single-collateral stablecoin Dai (DAI), now has been renamed to Sai.
Following Friday’s executive vote by Maker (MKR) stakeholders, the MakerDAO system has seen the activation of Multi-Collateral Dai (MCD),...
Grin Price Crashes on 'Inaccurate' 'Broken Mimblewimble' News
19.11.2019
Source: iStock/Ja_inter
Privacy focused cryptocurrency Grin (GRIN) plummeted in the last 24 hours after a report started making rounds online of an attack on the privacy protocol Mimblewimble.
As a reminder, while Beam (BEAM) is the first implementation of Mimblewimble, it was followed by...
Bitcoin and Altcoins Downside Thrust Underway
19.11.2019
Yesterday, we discussed the possibility of a downside extension in bitcoin towards the USD 8,250 and USD 8,050 support levels. BTC/USD did decline recently and broke the USD 8,250 support area. The price is now (09:00 UTC) struggling to stay above the USD 8,050 and USD 8,000 support levels....
RBC Says It Has No 'Near-term Plans' to Launch Crypto Exchange
19.11.2019
Source: iStock/t_kimura
The Royal Bank of Canada (RBC), the Canada-headquartered major global bank, has responded to reports that claimed it is on the verge of launching a Bitcoin and altcoin trading platform – saying it has no “near-term plans to launch a cryptocurrency exchange...
Is Blockchain the ‘Secret Weapon’ Driving the Yahoo Japan-Line Merger?
19.11.2019
Source: iStock/AF-studio
Industry insiders in South Korea and Japan are talking up the potential blockchain “synergy” that may materialize from the proposed Line and Yahoo Japan merger – after the tech giants’ operators agreed on a deal in principle.
Yahoo Japan operator SoftBank has released...
Crypto Listing & Delisting Announcements: Week 46
18.11.2019
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 Lower Still; BTC and TRX Out of Positive Zone
18.11.2019
The high scores didn’t last long. Observing the 7-day moving average, the combined market sentiment measure, Sentscore for the top 10 coins by market capitalization dropped again, for the second week in a row, from 5.5/10 we’ve seen last Monday, to 5.17 today, according to Omenics, a crypto market...
Official Beijing Tries to Calm Down Crypto Enthusiasts
18.11.2019
Xi Jinping. Source: a video screenshot, Youtube, VICE News
Beijing seems to have once again declared its preference for blockchain technology and disdain for virtual currencies.
Dovey Wan, a founding partner of California-based investment company Primitive Ventures, shared a short video today,...
Bitcoin May Dip Below USD 7K Before Post-Halving Rally - Tone Vays
18.11.2019
There will be a bull run, but not next year, says crypto analyst Tone Vays. And before we get on that road, Bitcoin (BTC) may drop below USD 7,000 before the mining reward halving, he adds.
“At the moment, I still see lower prices,” said Vays in a recent interview with Block TV. “I still think...