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'Bitcoin on Track for USD 100,000 in 2025' - Bloomberg Intelligence
16.10.2020
By 2025, bitcoin (BTC) still could add another zero to its price, according to Bloomberg Intelligence, while they also claim that it's possible for the price to get closer USD 14,000 again already this year.
In their latest Crypto Outlook, Bloomberg Intelligence's senior commodity strategist, Mike...
Russian Central Bank Wants to Cap Bitcoin Buying at USD 7,800 a Year
14.10.2020
Once again, Russia has a worrying idea for the local crypto industry and users as Russia’s Central Bank announced a new proposal that would seek to place an annual cap of around USD 7,800 (BTC 0.68) on crypto purchases for everyone in the country barring accredited investors.
In an official...
Electrum Wallet Phishing Attackers Steal USD 22M in Bitcoin - Report
13.10.2020
Bitcoin (BTC) thieves are amassing a fortune in stolen crypto funds – using a devious Electrum wallet exploit that allegedly tricked one user out of a staggering BTC 1,400 (USD 16.1m).
Per a report from ZDNet, criminals have developed an “attack pattern that has been reused in multiple campaigns...
Five Blockchain Use Cases Might Boost Global GDP by USD 1.76T - PwC
13.10.2020
Driven by need for trust in digital world, blockchain technology is expected to boost global gross domestic product (GDP) by more than a trillion dollars, estimated professional services network PwC, and will do so through five major use cases.
PwC's latest report, titled "Time for trust:...
BitMEX CTO Released On USD 5m Bond, USD 2bn Blockchain City + More News
9.10.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Legal news
BitMEX Chief Technology Officer Samuel Reed, who was charged and arrested by the US Department of Justice, has been released on a USD...
Bitcoin Stands Above USD 11,000 Yet Again
9.10.2020
The world's most popular cryptocurrency, bitcoin (BTC), once again stands over USD 11,000, fueled by the news from Square.
Bitcoin has been outperformed by several coins in the top 10 by market capitalization today, and it's the second least appreciating coin in that group (right after bitcoin...
South Korean MP Calls Tax Authority's Bithumb USD 67m Bill ‘Baseless’
9.10.2020
South Korean trading platform Bithumb has won a powerful supporter in its quest to fight an unprecedented multi-million tax bill after an MP and parliamentary finance committee member claimed the nation’s tax authority’s USD 67m tax bill – served to the crypto exchange late last year – has no legal...
USD 36m in Stolen Bitfinex Bitcoin Moved, Botched BTC ATM Theft + More News
8.10.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crime news
Almost USD 36m worth of bitcoin (BTC) associated with the massive 2016 hack of crypto exchange Bitfinex was moved across elven...
Jack Dorsey's Square Invests USD 50m in Bitcoin
8.10.2020
Jack Dorsey. US-based payments company Square, founded and led by well-known Bitcoin bull, Twitter CEO Jack Dorsey, said it acquired BTC 4,709 at an aggregate purchase price of USD 50m on October 7.
"Given the rapid evolution of cryptocurrency and unprecedented uncertainty from a macroeconomic...
Bitcoin-inspired Art Sells for over USD 131,000 at Christie’s
8.10.2020
The link between the worlds of arts and blockchain-powered non-fungible tokens (NFTs) is continuing to deepen for collectors worldwide, with a bitcoin (BTC)-themed work named Block 21 (42.36433° N, -71.26189° E) (from Portraits of a Mind) – a piece inspired by blockchain technology – fetching...
Yearn Finance Token Value Slides 67%, While Locked Value Loses Over $300M
8.10.2020
Yearn Finance’s native token YFI has been seeing significant capitulation as the price has dropped from an all-time high (ATH) of $43k in mid-September to today’s $13,875 USD value. Despite the -67.7% loss since the token’s ATH, the Yearn Finance project still has around $624...
Cloudbet Launches Second Major Stablecoin With USDC
7.10.2020
Cloudbet, the pioneering crypto sportsbook and casino, has added USD Coin to the portfolio of coins available to customers, marking the operator’s second major stablecoin integration after launching USD Tether in May. With the integration of USDC and USDT, Cloudbet now supports the biggest...
Digital Yuan Testers Spent USD 52 On Average Per Transaction
7.10.2020
This year, during a series of digital yuan pilot programs in China, testers reportedly spent CNY 351 (USD 52) on average per transaction, bringing the total value of pilot transactions to CNY 1.1bn (USD 162m).
According to Fan Yifei, Deputy Governor at the People‘s Bank of China (PBoC), 3.13m...
SBI Teams up With Swiss Cryptobank for USD 66m Unlisted Stocks Fund
7.10.2020
Japanese financial giant and Ripple partner SBI is set to launch an unlisted securities fund with a Swiss crypto bank named Syngnum – and will look to target both European and Asian investors.
Per a report from Nikkei, as well as press releases from both SBI and Sygnum, the firms hope to raise...
This Is How John McAfee Made USD 23m For Shilling ICOs (According to SEC)
6.10.2020
Source: Twitter, @officialmcafee, @money_alotta
The US Securities and Exchange Commission (SEC) said that the controversial cybersecurity entrepreneur and former Bitcoin (BTC) bull, John McAfee, was promoting initial coin offerings without disclosing that he was paid to do so.
Yesterday, the...
$9 Trillion in Stimulus Injections: The Fed’s 2020 Pump Eclipses Two Centuries of USD Creation
5.10.2020
Since September 2019, research shows the Federal Reserve has pumped over $9 trillion to primary dealers by leveraging enormous emergency repo operations. A recently published investigative report shows the U.S. central bank submits the daily loan tally, but the Fed will not provide the public with...
Crypto Singapore dollar aims to diversify landscape dominated by USD
5.10.2020
Xfers believes it's time other national currencies received a piece of the action too
Stablecoin Supply Doubles in 3 Months as Combined Market Cap Surpasses $20B
4.10.2020
2020 has been the year of stablecoins, as the token supply has doubled in the last three months. The aggregate market capitalization of 28 stablecoins captures over $20 billion on October 4, 2020. While tether still dominates the stablecoin ranks, USDC has been moving closer toward the top...
With Round 1 Fully Sold Out, ClinTex Launches Round 2 of the CTi Token Sale
2.10.2020
2nd October 2020, London, United Kingdom: The lack of coordination, and major issues with bureaucracy are taking a heavy toll on the medical trials industry. Costing anywhere from $600,000 to upto $8 million USD per day, every single day a medicine is delayed not only leads to huge financial...
Russian Oligarch to Launch USD 15m DeFi ‘Cryptobank’
2.10.2020
Screenshot. Prominent Russian oligarch Alexander Lebedev is set to launch a new decentralized finance (DeFi) “cryptobank” – and could spearhead a USD 15 million investment in the new venture.
Lebedev, whose fortune was estimated at a cool USD 3.1 billion back in 2008 by Forbes, is the former head...