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Maduro: Caracas to Hand out up to USD 3.6m in Petro Tokens
17.10.2019
Nicolás Maduro. Source: Twitter, @NicolasMaduro
Venezuelan president Nicolás Maduro has announced that the central government will hand out a total of USD 543,700 worth of the state-run, oil-backed Petro cryptocurrency to each of the country’s 23 states on a bi-monthly basis.
In a televised...
Fearing USD Decline, Ex-CFTC Heads Propose a Blockchain-Based Digital Dollar
16.10.2019
Two former ranking members of the CFTC offered up a plan for a government-sanctioned, blockchain-based digital dollar
Back in Red: Ethereum Price Below USD 180 and Continues to Drop
16.10.2019
After failing to stay at USD 190 level last week, the price of ethereum (ETH) continued to drop and is now below USD 180.
The price at the time of writing (at UTC 13:20) of the second coin by market capitalization is USD 175, which is far from its 30-day low of USD 156, but quite close to its 7-day...
IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR
14.10.2019
Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD....
Ethereum Price Fails To Keep USD 190, Trims Weekly Gains
11.10.2019
The price of the second coin by market capitalization, ethereum (ETH), fell below USD 190, while its weekly gains are 4 percentage points lower than just a day ago.
This entire week for Ethereum was dominated by Devcon it seems, which is an annual conference organized by the Ethereum Foundation...
Turkey Throws Another Wrench Into the USD’s Works and Joins Russian Swift
11.10.2019
The dominance of the U.S. dollar as the global reserve currency is being robustly challenged on all fronts. Other geopolitical powers and smaller but important players are unwilling to accept the political influence Washington exerts through its fiat money. And in times of trade wars, sanctions...
Bitcoin Price Breaks USD 8.5K, Altcoins Signaling Bullish Continuation
10.10.2019
After several attempts to clear USD 8,300, bitcoin price finally gained bullish momentum. BTC/USD rallied more than 5% and traded above a few important resistances such as USD 8,300, USD 8,500 and USD 8,550. The price is currently (11:00 UTC) consolidating gains and it could continue to rise...
Ethereum Looks For 1 Million Devs While Ether Price Surpasses USD 190
10.10.2019
Joseph Lubin. Source: Twitter, @ethereumJoseph
With the fifth annual Ethereum conference, Devcon, about to finish tomorrow, a new challenge has been issued: get 1 million developers to build on Ethereum in a year.
Devcon is an annual conference held by the Ethereum Foundation for developers...
Ethereum Price Climbs Over USD 180, while the ETH 2.0 Drama Develops
9.10.2019
Performance at Devcon in Osaka. Source: a video screenshot, Twitter, @drwasho
The price of the second coin by total market capitalization, ether (ETH), stepped over the USD 180 level. Meanwhile, the developers are discussing the transition from Ethereum 1.0 to Ethereum 2.0, facing both supporters...
Bitcoin Cash Settles More Value Than ETH in Dollars Moved
9.10.2019
Bitcoin Cash (BCH) proponents have recently been discussing the amount of value participants have been sending onchain. For quite some time now, statistics show the BCH chain has been moving more money than the ETH network in terms of USD value sent per day. With extremely low network fees, a good...
Bitcoin Miners Are About to Rake Historic USD 1 Billion In Fees
8.10.2019
Source: iStock/eclipse_images
The Bitcoin (BTC) blockchain seems to be in its best shape yet as multiple symbolic milestones signal growth and health of the network.
For starts, Bitcoin all-time cumulative transaction fees are approaching a symbolic amount of USD 1 billion. At the same time...
Bitfinex, Tether Accused of USD 1.4 Trillion Market Manipulation
7.10.2019
As expected, a major class-action lawsuit has been filed against cryptocurrency exchange Bitfinex and its sister company, stablecoin issuer Tether. The lawsuit claims that Bitfinex and Tether manipulated the cryptocurrency market and caused "the biggest financial bubble in human history."...
Hyundai Blockchain, Crypto Affiliate to Spend USD 10m + Launch Mainnet
7.10.2019
Hdac, the blockchain and cryptocurrency arm of business conglomerate Hyundai, says it will invest USD 10 million in the industry – using the money to pay for a mainnet, dapps (decentralized apps) services, fund startups and create a “cryptocurrency compensation system”-powered token ecosystem.
Hdac...
Former Employees of JPMorgan, Intel, and TrustToken to Launch New USD Backed Stablecoin
2.10.2019
Former employees of the world’s leading bank JPMorgan, tech giant Intel and crypto-blockchain company TrustToken have joined hands to launch a new USD-backed cryptocurrency called USD Digital (USDD). This stablecoin will be launched by the Global Currency Organization (GCO), a project started...
Ethereum Price Falls Below USD 180 Again
2.10.2019
Source: iStock/Photographer, Filmmaker, Designer
After the major carousel action last week – which might seem distant in crypto time – we’re seeing yet another repetition this week: Ethereum’s price has dropped below USD 180.
To recap shortly, last week the hopes of an altseason were shattered...
Another Settlement: ICO That Raised USD 120K, to Pay SEC USD 225K
1.10.2019
After EOS developer Block.one said it has settled with the U.S. Securities and Exchange Commission, another blockchain project announced the same news today.
Nebulous, the company building the Sia decentralized cloud storage network, said it has entered into a settlement with the SEC and agreed...
Bitcoin Price Rebounds to USD 8.5K, Altcoins Start Corrective Increase
1.10.2019
After a downside extension below USD 8,000 and USD 7,800, bitcoin price found support above USD 7,600. As a result, BTC/USD started an upside correction above the USD 8,000 and USD 8,250 resistance levels. The price gained nearly 8% and tested the USD 8,500 resistance area. Similarly, there was...
Bitcoin Price Might Hit USD 1M Sooner Than a Quantum Computer Attacks
28.9.2019
IBM scientist Stefan Filipp, takes a closer look at the dilution refrigerator which will keep qubits at temperatures colder than the deepest parts of outer space. Has Google killed crypto? In a research paper posted to NASA's servers earlier this month and then quickly removed, scientists at...
A Nigerian Wallet Suspected in USD 1M Exit Scam + 8 More Crypto News
27.9.2019
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world.
Cryptocurrency wallet news
Satowallet, a Nigerian crypto wallet, allegedly pulled off an exit scam, disappearing with users’...
Bitcoin Price Dips Below USD 8,000, Ethereum Price Sinks 5%
26.9.2019
The most popular cryptocurrency, bitcoin, just broke another important price level this week, dropping below USD 8,000 for the first time since June 11. The total market capitalization went down by 5%.
At pixel time (17:41 UTC), bitcoin trades at c. USD 7,980 and is down by 5% in the past...