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Bitcoin Cash and Litecoin Trusts from Grayscale Investments Begin Trading

18.8.2020
Grayscale Investments’ Litecoin Trust (LTCN) and Bitcoin Cash Trust (BCHG) have received DTC eligibility on Monday, which means the shares can begin trading publicly. The firm’s latest funds give investors exposure to the crypto assets bitcoin cash and litecoin and shares will be traded...

South African Firms Ordered to Cease and Desist in 2 US States for Crypto Debit Card Fraud

17.8.2020
Two U.S. states have issued emergency cease and desist orders to South African firms and a South African national promoting a cryptocurrency debit card scheme. The companies claim that the card is like a traditional Mastercard but the states say the scheme is fraudulent. South African Firms...

Blockchain Venture Capital Firm SPiCE VC Taps Coinbase as Digital Asset Custody Partner

17.8.2020
SpiceVC announced it has signed an agreement with Coinbase Custody, under which Coinbase will serve as the digital asset custodian for the Spice token

Bitcoin Mining Firm Layer1 Accused of Copyright Infringement

17.8.2020
Layer1 — a Bitcoin mining firm backed by PayPal co-founder Peter Thiel — was accused of copyright infringement

US Regulator Charges Tech Firm, CEO in $5 Million ICO Fraud Case

16.8.2020
The United States Securities and Exchange Commission (SEC) jointly charged Virginia-based Boontech and CEO, Rajesh Pavithran for fraud and registration violations. The charges stem from an initial coin offering (ICO) that raised $5 million from 1,500 investors around the world in exchange for Boon...

Law Firm Sees Crypto Investors Flocking to St. Kitts & Nevis for Dual Citizenship

15.8.2020
This week news.Bitcoin.com spoke with Jennifer Harding Marlin from the St. Kitts & Nevis islands law firm JH Marlin. The business specializes in all types of law practice and citizenship by Investment (immigration) is very popular. Marlin explained that recently, the company is getting...

Bitcoin and Tesla: America’s Most Loved Assets on Tradingview

15.8.2020
Tradingview said Friday that bitcoin and Tesla, the electric car maker and clean energy firm, are America’s most viewed assets on the charting platform. Bitcoin (BTC) has climbed over 60% year-to-date, with the price reaching $11,900 at Press time. The rise has drawn in thousands of...

PayPal Co-Founder, DCG-Backed BTC Mining Firm Layer1 Accused of Patent Infringement

15.8.2020
Data center power management firm Lancium filed a lawsuit against Layer1 today, alleging that the BTC mining firm’s operations had infringed upon its patent

Nasdaq-Listed Firm Marathon Buys 10,500 Next-Gen Bitcoin Miners for $23M

15.8.2020
One of the earliest Nasdaq-listed cryptocurrency mining companies, Marathon Patent Group, announced a new agreement contract with the ASIC mining manufacturer Bitmain. According to the public company, Marathon has agreed to purchase 10,500 next-generation Antminer S-19 Pro models for $23 million....

Ripple CEO Hits Out at Reports Claiming Firm Is Pivoting From Interbank Payments

14.8.2020
The CEO of Ripple Labs, Brad Garlinghouse, has criticized the Financial Times for saying the XRP creator plans to move away from interbank payments

Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving

13.8.2020
Bitcoin mining firm Hut 8 reported a sharp drop in revenue. However, the rising value of the firm's BTC holdings helped it finish the quarter in the black

Japan’s Top HR Firm Is Working on a Blockchain-Based Recruitment App

13.8.2020
Your next job might hire you using the Blockchain

Crypto VC Firm Assesses the ‘State of Blockchain Governance’

13.8.2020
Greenfield One, an early-stage venture capital firm, just published a comprehensive new resource on the topic of blockchain governance

World's Largest Utility Firm to Debut Blockchain-powered Digital ID Platform

13.8.2020
A local branch of the State Grid Corporation of China (SGCC) – the nation’s electricity monopoly and the biggest utilities firm in the world – said that it has developed a blockchain technology-powered digital identity authentication system. Per Shupeidian, the Anhui Province branch of the SGCC...

Bitcoin and Gold Correlation Reaches Record High 70%, Bolstering BTC’s Store of Value Credentials

12.8.2020
The prices of bitcoin and gold have reached a monthly average correlation of 70%, an all-time-high, according to data analytics firm Skew. The previous peak of just under 60% was reached earlier on in the second quarter of 2020. Skew said the rising correlation supports the idea that bitcoin (BTC)...

$4.6 Billion Under Management: Grayscale Purchased Over $100M Worth of Bitcoins Last Week

12.8.2020
This week cryptocurrency proponents discussed the firm Grayscale Investments, as the firm purchased 9,702 bitcoins (over $110 million) in the past five days. The news follows Grayscale informing the U.S. Securities and Exchange Commission (SEC) that the Bitcoin Trust (GBTC) grew over $1.6 billion...