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WisdomTree Mulls New Stablecoin as US Money Manager Drives Toward Crypto
14.1.2020
WisdomTree, an asset manager specializing in exchange-traded funds, is vying to become one of the first established U.S. financial firms to offer clients digital assets, including a so-called stablecoin whose value is closely linked to the U.S. dollar
Man Suing AT&T Over USD 1.8m Crypto Loss Says Telco ‘Can’t Deny’ Blame
10.1.2020
The American man attempting to sue AT&T after falling victim to an alleged USD 1.8 million “SIM swap” cryptocurrency theft says the telecoms giant is “unable to deny its involvement” in the loss of his funds.
The man stated that AT&T neglected to make “sufficient data security systems...
Bithumb to Invest USD 9M in a New Crypto Trading Platform + More News
9.1.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
South Korean market-leading exchange Bithumb is set to launch a second domestic trading platform, reports Newsway....
Bitcoin to Surpass USD 20K, But Brace for a Surprise - BitPay CCO
9.1.2020
As every year, be prepared that something unforeseen could happen in 2020 also, fueling another bitcoin (BTC) rally, Sonny Singh, chief commercial officer of major crypto payment processor BitPay, reminded. In either case, he estimates that BTC will rise above USD 20,000 this year.
“A lot of people...
Joint Coinbase-Circle Stablecoin Project USDC Listed on Competitor Kraken
8.1.2020
Kraken lists stablecoin USDC
Crypto Lending Firm BlockFi Adds Support for Litecoin and USD Coin
8.1.2020
BlockFi crypto lending firm has added two new assets to its platform: Litecoin and USD Coin
The 'January Effect' Pushes Bitcoin Above USD 8K, While Alts Drop Against BTC
8.1.2020
Source: iStock/da-kuk
After another strong rally on Tuesday, the most popular cryptocurrency, bitcoin (BTC) is back above USD 8,000 again, increasing its gains this year to more than 15%. Meanwhile, all major altcoins are in red against BTC today.
At pixel time (08:49 UTC), BTC trades at c....
Though 'Intriguing,' Crypto Won't Dethrone Dollar, Says IMF Economist
7.1.2020
The U.S. dollar currently is not at risk of being dethroned by a digital currency, IMF chief economist says
McAfee Breaks Up With Bitcoin; Calls His USD 1M per BTC Bet a 'Ruse'
6.1.2020
John McAfee. Source: Twitter/@officialmcafee
One of the Crypto Twitter's most "relevant" discussions is currently ongoing - whether or not John McAfee should indeed eat his penis in twelve months if he loses his famous bet as promised. The controversial entrepreneur and former Bitcoin (BTC) bull...
Tron-Based Tether Has Ballooned to Over 900 Million Tokens, Almost 22% of Total Supply
2.1.2020
Since Tether’s (USDT) migration to other networks beside the BTC-based Omni protocol, significant shifts have taken place seeing the heavily-printed stablecoin rise to prominence also via Ethereum’s ERC20 standard and Tron’s TRC20 implementation. Ethereum-based USDT supply...
China Takes Another Step Away From USD Hegemony
1.1.2020
The China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22.40% to 21.59%, and increasing the Euro...
Legal Wrinkles Could Blight Taxman’s USD 67m Bithumb Ruling
31.12.2019
Lawyers and politicians in South Korea have been debating the legality of the tax service’s recent decision to effectively serve crypto exchange Bithumb with a USD 67 million tax bill.
As previously reported, South Korea’s National Tax Service (NTS) has attempted to force Bithumb to pay...
Russian Programmer 'Sends' USD 450m in Crypto to Fraudsters + More News
30.12.2019
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Legal news
Russian computer programmer Alexei Bilyuchenko, who was involved in the collapse of Wex (World Exchange Services)...
Mnuchin Affirms $1.5 Trillion Unaccounted For, Still Demands Strict Bitcoin Regulation
23.12.2019
U.S. Treasury Secretary Steven Mnuchin remarked last week that a reported $1.5 trillion in missing cash — mostly one hundred dollar bills — was “sitting in bank vaults all over the world.” The famously anti-bitcoin U.S. official noted that “there’s a lot...
Disappointing IEOs, Up To USD 150M IPO, Bitcoin ETF Battles + More News
23.12.2019
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investing news
BitMEX Research says that all 11 Initial Exchange Offerings (IEOs) they looked into in their May report have seen...
Ripple Raises USD 200M From Tetragon, SBI Holdings & Route 66 Ventures
20.12.2019
Ripple, a San Francisco-based blockchain startup focusing on the payments technologies, announced that is raised USD 200 million in Series C funding from a group of notable investors.
The funding round was led by global investment firm Tetragon, with participation from SBI Holdings and Route...
PlusToken Ponzi Scheme Moves USD 100 Million Worth of Ethereum
19.12.2019
After reporting that an alleged Ponzi scheme may still dump at least USD 243 million worth of crypto on the market, their Ethereum (ETH) seems to be on the move.
China-based PlusToken, deemed a scam by local and foreign media, as well as the crypto community at large, seems to have moved...
Circle Prepares for Crypto Mass Adoption as USD Coin Trading Volume up 954%
18.12.2019
Jeremy Allaire. Source: a video screenshot, Youtube, IMF
Major crypto financial services firm behind the USD Coin (USDC) stablecoin, Circle , intensifies competition in the stablecoin market as the company estimates mass crypto adoption in 2-3 years. In the meantime, USDC trading volume has already...
Justin Sun commits USD$1 Mil to GretaThunberg’s initiative
18.12.2019
Justin Sun, the globally reputed crypto business personality and CEO of the world-acclaimed TRON Foundation, has announced to contribute a whopping amount of USD$1 Million to teenage environmentalist Greta Thunberg’s noble initiative focused towards the replenishment of the global ecosystem....
South Korean Police Charge Operators of USD 18m Bogus ‘Thai Crypto’
16.12.2019
South Korean prosecutors in the city of Daejeon have busted what appears to be a USD 18.4 million multi-level pyramid scheme centering around a fake token.
Per news agency Yonhap, police say that executives from at least one unnamed company convinced “a large number of investors” to invest in...