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BitMEX-affiliated Firm Leads USD 3.4m Investment in S African Exchange


The investment arm of a new company operated by the creators of derivatives platform BitMEX, has spearheaded a USD 3.4-million cash injection in VALR, one of Africa’s biggest crypto exchanges. Per a press release shared with Cryptonews.com, the Series A equity round of funding in the VALR exchange...

Chinese Blockchain-powered Cross-border Trade Pilot Handles USD 4.4bn


Operators of a Chinese blockchain-powered cross-border trade pilot platform are set to expand the platform’s scope – with multi-million dollar trade deals now being conducted in a key testbed area. Per Haiwainet, the central government is testing the efficacy of the network in the Guangdong-Hong...

Hackers Hack Telecom Argentina, Demand USD 7.5 Million In Monero


Telecom S.A., the largest telecommunications company in Argentina, has suffered a ransomware attack as hackers demand USD 7.5 million in privacy coin Monero (109,345 XMR) to be paid until the night of Tuesday, July 21. If the company does not meet the deadline, the payable amount will rise to...

This Generalist Investor Goes Long on Bitcoin, Says USD 40K-100K Possible


Lyn Alden. Source: a video screenshot, Youtube/MoneyShow The next bull cycle for bitcoin (BTC) may bring its price up about 2 to 5 times the price seen during the previous all-time high from December 2017, meaning it could jump to USD 40,000 - USD 100,000 per coin, a popular generalist investor...

Introducing the CoinDesk 20


This group of 20 digital assets make up most of what people mean when they say “the cryptocurrency market.”

Bitcoin Stuck Near USD 9,300 While XRP, BNB and ADA Rally


Bitcoin price remained stable above the USD 9,200 level and it is currently (08:30 UTC) consolidating near the USD 9,300 resistance. If BTC settles above USD 9,300 and USD 9,320, there are chances of another strong upward move towards USD 9,550 in the near term. On the other hand, there was...

Russian TON Investors Decry UK Firm’s ‘c. USD 1.5m Commission Fee’


Russian investors in the failed Telegram Open Network (TON) token launch said they have reported a British brokerage they said is withholding almost USD 1.5 million of their funds to the Moscow-based federal investigating authority. Per a Telegram post from Baza, the group has taken its case to...

Bitcoin Holds Steady Above USD 9,000, Altcoins Starts Fresh Increase


In the past few days, bitcoin bears made more than two attempts to clear the USD 9,000 support. BTC spiked below USD 9,000, but it recovered quickly. The price is currently (08:30 UTC) up over 2% and it is approaching the USD 9,240 and USD 9,300 resistance levels. Similarly, most major altcoins...

Ravencoin Exploit Sees Hackers Mint USD 6m Worth of RVN


The team behind the ravencoin (RVN) token have revealed that hackers have exploited a vulnerability in the network that allowed them to mint and then trade almost USD 6 million worth of tokens. Per an official blog post, the team stated that the exploit is still being investigated, but that hackers...

Bitcoin Pauses Below USD 9,300, Altcoins Signaling Fresh Increase


Recently, bitcoin price made another attempt to break the USD 9,300 resistance, but it failed. BTC is currently (08:30 UTC) consolidating near the USD 9,200 level and it seems like there are chances of an upside break above the USD 9,300 resistance in the next few sessions. XRP/USD Total market...

Ripple Partner SBI Gains UK Foothold after Agreeing USD 30m B2C2 Deal


Japanese financial giant SBI Holdings has agreed a deal to buy a USD 30 million minority stake in Britain-based crypto player B2C2. The latter also says it will “launch a full prime brokerage for both crypto and other asset classes,” per its founder. According to Reuters, SBI has agreed to the deal...

South Korea Vows to Pump USD 111m into Blockchain R&D over Five Years


South Korea has pledged to inject USD 111 million into the development of blockchain technology, with central government-sponsored research flowing until at least 2025. The move is the brainchild of the nation’s Ministry of Science and ICT, which has worked jointly on the initiative with...

DeFi Attackers Get 'More Creative', Steal USD 500,000 From Balancer


Decentralized finance (DeFi) liquidity providing platform Balancer was hacked today, reportedly with USD 500,000 worth of crypto stolen. Following several reports online, Balancer confirmed that on June 29 an incident occurred, affecting two pools containing transfer fees, known as deflationary...

Telegram Chief Durov Says He Has Already Repaid Investors USD 1.2 Bn


Telegram boss Pavel Durov says he has paid back some USD 1.2 billion to investors in the now-abandoned Telegram Open Network (TON) blockchain platform after an out-of-court settlement with the United States regulatory body the Securities and Exchanges Commission (SEC). Investors had stumped up...

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