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Alert: Crypto Scam Season is Upon Us, Even Central Bank Issues Warning
11.7.2019
It’s scam season again. Though scams have been omnipresent online basically since the inception of the Internet, there are periods in the cryptoworld when they are particularly prominent and are more brazen with each cycle. It has come so far that even a central bank had to issue a warning now.
Now...
Libra Can Teach China One Thing, Suggests Ex-Central Banker
11.7.2019
Zhou Xiaochuan. Source: a video screenshot, Youtube, Bloomberg Markets and Finance
The Chinese government may be about to rethink its strategy towards “digital currencies,” a recent speech by the country’s former central bank governor, Zhou Xiaochuan, suggests.
Zhou, who served as the governor...
Binance Launches Margin Trading on Upgraded Platform
11.7.2019
The major crypto exchange Binance launched margin trading on an upgraded version of its trading platform, dubbed Binance 2.0, today. According to the company, the new feature will allow traders to take on leveraged positions both short and long in a number of trading pairs.
Maximum leverage with...
Bitcoin and Altcoins Take Hit, Bears in Driver’s Seat
11.7.2019
Recently, bitcoin price faced a strong resistance near the USD 13,100 and USD 13,150 levels. BTC/USD made a few attempts to continue higher, but it failed. As a result, there was a sharp decline below the USD 12,600 and USD 12,000 support levels. It tumbled more than 10% and traded close to the...
Opera’s Crypto Wallet for Android now Supports Bitcoin and Tron
11.7.2019
Source: Opera, Cryptonews.com
The Opera web browser has announced more good news for the cryptoverse as their crypto wallet has enabled support for Bitcoin and Tron blockchains. However, not for everyone yet.
To be more precise, the new features have been introduced into Crypto Wallet in the beta...
A New Kind of Token Sale Puts You Next to Harvard Endowment
11.7.2019
Source: a video screenshot, Youtube, Bloomberg Technology
This Thursday marks a new stage for crypto investors as first-of-its-kind digital token offering gives retail investors access to opportunities previously available to investors such as Harvard University only.
This has become possible...
What USD 13K? Bitcoin Crashes Below USD 11.5K, Crypto Market Dives
11.7.2019
Source: iStock/Photographer, Filmmaker, Designer
The most popular cryptocurrency, bitcoin, just erased all its gains this week after its price crashed by almost USD 2,000 suddenly, while the whole crypto market dropped by 13%. Only two coins from the top 100 are in green now.
At pixel time (04:54...
Kakao and Samsung ‘in Talks’ Over Blockchain Collaboration - Report
11.7.2019
Reports in South Korea claim that the Kakao Group may be holding discussions with Samsung about possible blockchain cooperation.
The mainnet of Kakao’s Ground X subsidiary Klaytn has recently gone live, and Kakao has now announced that it is working on a cryptocurrency wallet that will be able...
Fitness reward app Lympo is listed in Samsung blockchain wallet
11.7.2019
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
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Blockchain fitness startup Lympo announced their reward app "Lympo", and cryptocurrency "LYM token" was listed on Samsung blockchain...
Litecoin Halving Should Already Be Priced in, Says Charlie Lee
10.7.2019
The Litecoin (LTC) halving, or reduction of the Litecoin block mining reward, should already be priced in by the market as everyone knows about it since the beginning, according to Charlie Lee, the creator of Litecoin, currently the 5th coin by market capitalization, and the Managing Director...
Russia Once Again Puts Brakes on Crypto-Legislation
10.7.2019
The man charged with getting Russia’s long-awaited package of cryptocurrency and digital finance-related bills through parliament has conceded that the key piece of legislation relating to cryptocurrencies is unlikely to be ready in time for the end of the Duma’s spring session – and will instead...
Goldman Sachs Goes ‘Further Than Ever Before’ into Crypto
10.7.2019
Investment banking giant Goldman Sachs has revealed in a new job ad that it plans to move “further than ever before” as it seeks to hire a “digital asset project manager” for its New York office.
According to the new job posting published on its website, the bank is currently searching for project...
Bitcoin Primed for More Gains Whereas Altcoins Bleed
10.7.2019
After yesterday’s rise, bitcoin price extended gains above the USD 12,500 and USD 12,800 resistance levels. BTC/USD even broke the USD 13,000 resistance and traded close to the USD 13,150 level. On the other hand, most major altcoins, including ethereum, ripple, bitcoin cash, EOS, litecoin,...
Singapore Builds Global Crypto Hub, Says Head of Binance Singapore
10.7.2019
Recent steps by Singaporean authorities prove their plan to make this island city-state “a global hub for both cryptocurrency trading and blockchain innovation,” David Kao, Head of Binance Singapore, told Cryptonews.com, as the third trading platform of major crypto exchange Binance publicly...
Bitcoin Dominance Climbs Almost 20% in a Month, Price Hits USD 13,000
10.7.2019
Bitcoin dominance surpassed 65% today, or the level last seen in April 2017, as the price of the most popular cryptocurrency hit USD 13,000 for the third time this year.
At pixel time (06:17 UTC), bitcoin trades at c. USD 12,993 and is up by 2% in the past 24 hours, by 14% in the past week and...
Facebook Defends Libra in the U.S. Senate, Has No Plans for India
10.7.2019
Social media giant Facebook is working to ease concerns by lawmakers in Washington, D.C. about its new cryptocurrency project Libra, co-launched with 27 partners. Also, the company confirmed it has no plans for India for now.
In a letter to the Committee on Banking, Housing, and Urban Affairs...
Electronics Giant LG and Unicorn Might Launch Crypto Businesses
10.7.2019
East Asia’s cryptocurrency scene could soon welcome two new big-hitting players – in the form of South Korean mobile finance provider Toss and electronics giant LG.
Per a report from Newsway, Toss is one of three mobile finance companies hoping to win approval for securities trading from the South...
NEAR Protocol Developers Raise USD 12.1 Million
10.7.2019
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
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Near, creators of NEAR Protocol, the most developer-friendly platform for building decentralized applications, today announced...
Kakao's Klaytn Sacrifices Decentralization to Beat Ethereum on Speed
9.7.2019
There seems to be a blockchain marketing battle happening as South Korean giant Kakao claims that its recently launched permissioned blockchain platform Klaytn is up to 15 times faster than Ethereum, which is a permissionless blockhain. Moreover, the South Korean platform announced today a batch...
Good News Failed to Cushion CELR and BTT Price Drop
9.7.2019
Despite some expected but still positive news coming the way of Celer Network (CELR) and BitTorrent (BTT), the prices of both tokens continue to drop.
Celer Network announced the launch alpha-mainnet, Cygnus in yesterday’s Twitter post. In their Medium post, Celer Network explains that this...