Search
Polygon-Based Defi Stablecoin Safedollar Plunges to Zero — Team Is Investigating Exploit
28.6.2021
The algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel. The safedollar token did not remain stable following the attack, as the defi stablecoin’s price collapsed to zero. Safedollar Stablecoin Price...
Huobi Suspends Crypto Derivatives In China, Bitcoin Mining In Iran + More News
28.6.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
____
Exchanges news
Crypto exchange Huobi has suspended crypto derivatives trading for customers in China, according to the updated user agreement....
As Bitcoin’s Yearly Inflation Rate Dips to 1.77%, BEA Data From May Shows US Inflation Fears Are Legitimate
28.6.2021
The U.S. economy is looking stagnant according to data stemming from the Bureau of Economic Analysis, as core personal consumption expenditures (PCE) jumped 3.4% in May from a year prior. The recent PCE spike is the highest year-over-year basis change since 1992 and the statistic is fueling...
Iranian trade ministry issues 30 crypto mining licenses
28.6.2021
Tehran Province, which houses Iran’s capital, was awarded only one license for operating a crypto mining center
PORT Network: DApp to Harness Sustainable Processing Power for Both Cloud and Volunteer Computing
28.6.2021
PRESS RELEASE. With an ever-increasing demand for computing power, PORT Network launches the first dApp to merge both Cloud and Volunteer computing on the blockchain. 28th June 2021, Düsseldorf, Germany – The demand for increased computing power is growing at an exponential rate....
Bitcoin and Ethereum Correct Gains, COMP Rallies
28.6.2021
Bitcoin price remained well bid above the USD 33,500 level. BTC even surpassed USD 34,000 and it spiked above USD 35,000. It is currently (12:45 PM UTC) consolidating gains and it might make another attempt to settle above USD 35,000.
Similarly, most major altcoins are showing positive signs....
Huobi bans crypto derivatives trading for users in China
28.6.2021
Chinese users will no longer be able to trade crypto derivatives on the Huobi exchange amid a broader cryptocurrency crackdown from the government
Ethereum looks to retake $2K days before London hard fork — Big breakout ahead?
28.6.2021
The world's second-largest cryptocurrency also surged in tandem with positively correlated Bitcoin, the flagship digital asset
Korean Banks to Be Relieved of Liability for Crypto-Related Crime, Report Suggests
28.6.2021
Banking institutions in South Korea have reportedly requested to not be held accountable for crimes linked to cryptocurrencies such as money laundering. According to local media, financial regulators are now developing rules that could relieve Korean banks from responsibility when screening...
Operator of China’s first Bitcoin exchange reportedly exits crypto
28.6.2021
BTCChina has reportedly sold its stake in the Singapore-registered Bitcoin exchange ZG.com
Bitcoin short-term setup is challenging, JPMorgan strategists warn
28.6.2021
Bitcoin and the crypto market are at the beginning of a healing process, JPMorgan analysts say in a note
Europol Cracks Down on Vitae Belgian Ponzi Scheme, Recovers €1.5 Million in Crypto
28.6.2021
Europol, the EU law agency, cracked down on Vitae, a Belgian Ponzi scheme. Europol raided 17 locations related to the website, promoted as a social media site with its own cryptocurrency. The company operated in Switzerland under the name VITAE AG. Law enforcement officials recovered €1.1...
Biggest ever mining difficulty drop: 5 things to watch in Bitcoin this week
28.6.2021
Bitcoin network fundamentals reflect the mass mining migration underway this month, but BTC price action still makes gains
Bank of Tanzania Hints at Possible Crypto Ban Reversal as Spokesman Confirms Bank Is ‘Working on the Directives Given’
28.6.2021
In a hint that Tanzania might soon reverse its 2019 crypto ban, an unnamed spokesperson of the Bank of Tanzania (BOT) recently suggested the apex bank is “working on the directives given.” The remarks by the spokesperson follow Tanzanian President Samia Suluhu Hassan’s call on...
Billionaire vows to spearhead Mexico’s first Bitcoin-friendly bank
28.6.2021
Ricardo Salinas Pliego wants his bank to be the first in Mexico to accept BTC
Cryptowisser : Crypto Taxes Will Continue to See a Regulations Increase as Adoption Rises
28.6.2021
PRESS RELEASE. June 2021, leading Crypto service comparison site – Cryptowisser, attempts to dissipate the cloud of confusion surrounding tax regulations on crypto currencies around the world. As the tax season comes to a close and a record amount of crypto traders are holding, how do...
Bitcoin, Ethereum and Altcoins Start Fresh Increase
28.6.2021
Bitcoin price was able to stay above the main USD 30,000 support zone. As a result, BTC started a fresh increase above the USD 33,500 resistance. It is currently (04:37 UTC) showing positive signs above USD 34,000 and it could aim for a break above USD 35,000.
Similarly, most major altcoins...
Oracle Vinny Lingham Still Envisions $100K This Year if Bitcoin ‘Continues to Hold $30K’
28.6.2021
The former CEO of Gyft and the cofounder of the project Civic, Vinny Lingham has been called an ‘oracle’ at times for correctly predicting the future price of bitcoin. On various occasions all the way back to 2016, Lingham has made correct bitcoin price calls over the years. Even though...
Mexico’s Third Richest Man Recommends Bitcoin, His Bank Is Working to Accept BTC, Says Fiat Money Is a Fraud
28.6.2021
Ricardo Salinas Pliego, Mexico’s third-richest man and founder of Grupo Salinas, sees bitcoin as an asset with extraordinary properties, describing the cryptocurrency as “gold for the modern world.” He recommends bitcoin, thinks that fiat money is a fraud and the idea of the U.S....
John McAfee’s Hideout Was a Secret Bitcoin Mining Farm
28.6.2021
John McAfee was reportedly hiding out in a Spanish “ghost hotel” with a bitcoin mining farm in the basement prior to his arrest. Clues from images and messages the antivirus tycoon posted on social media point to a semi-abandoned hotel owned by a Russian. ‘Ghost Hotel’ With...