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China Testing Digital Currency in Major Cities, Including Beijing and Hong Kong
17.8.2020
China’s Ministry of Commerce has announced the pilot run of the country’s central bank-backed digital currency in major cities, including Beijing, Hong Kong, and Macau. It will also be tested during the 2022 Winter Olympics games in Beijing, the ministry said. China Announces Testing...
Crypto Market Unchanged in a Week, 24-Hour Picture Shows an Increase
17.8.2020
Following a slight correction downwards seen last week, the combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins by market capitalization has made the tiniest move upwards - from 6.14 to 6.15 - thus virtually remaining unchanged, as shows crypto market...
Following Crypto Ad, Grayscale Sees 'Largest Fundraising Week Ever'
17.8.2020
Following the debut of crypto asset management firm Grayscale Investment’s new TV advertisement in the US, early signs suggest viewers did take notice, although the company itself is still keeping details scarce - but saying that additional content is coming to digital channels.
As reported,...
Pantera Tells SEC Its Crypto Fund Has Raised Nearly $165M
17.8.2020
Pantera has informed the SEC its crypto fund has recieved a total of $164.7 million from investors with portfolios worth over $5 million
Crypto Long & Short: The Surprisingly Sunny Outlook for Crypto Hedge Funds
16.8.2020
Bitcoin returns are beating crypto hedge funds, but other recent developments point to more favorable tailwinds for those funds in the long term
$6 Billion Akon City Underway: Akon Says Cryptocurrency Will Empower Africans
16.8.2020
The construction of Akon City, the $6 billion futuristic city that will function solely on the akoin cryptocurrency, is underway. Akon says cryptocurrency will empower Africans to overcome hurdles, such as high inflation and government corruption. Akon City Will Be Like ‘Wakanda’...
3 People Arrested in Hong Kong for Cheating Bitcoin ATMs
16.8.2020
The authorities in Hong Kong have arrested three people in connection with robberies from six bitcoin ATMs after two cryptocurrency exchanges reported funds being illegally withdrawn from them. 6 Bitcoin ATMs Targeted The Hong Kong Police Force’s cybersecurity and technology crime bureau...
$217 Million Pour Into Grayscale’s Crypto Funds Following Bitcoin TV Ad Campaign
16.8.2020
Grayscale Investments announced that it has raked in record investments of $217 million the week its TV commercial campaign launched. The company’s crypto TV commercial kicked off on CNBC, MSNBC, FOX, and FOX Business. Following Grayscale, Michael Novogratz’s Galaxy Digital places...
Personal Data Leaks In Crypto Are Inevitable, Here’s What Can Be Done
16.8.2020
The best cryptoassets and their blockchains, such as Bitcoin (BTC) or Ethereum (ETH) are mostly robust against potential attacks, but the wider crypto ecosystem is dependent on much of the web infrastructure that defines legacy systems.
This point came to fore in July’s Ledger database leak,...
4 of South Korea’s Largest Banks to Provide Cryptocurrency Services
16.8.2020
Four of the top five South Korean banks have reportedly announced their plans to provide cryptocurrency services. The announcements came ahead of the crypto regulation that will soon go into effect in South Korea. Largest Korean Banks Entering Crypto Space South Korea’s largest banks have...
Blockchain Phones and Bitcoin Watches: Revisiting the Crypto Tech Hype
16.8.2020
Blockchain smartphones and crypto-storing watches: Which innovative devices have actually gone from concept to reality?
Dex Platforms Trade Over $2.4 Billion in 7 Days, Defi Swaps up 68% Since Last Week
16.8.2020
Years ago the cryptocurrency community did not have access to a plethora of decentralized exchanges (dex). In 2020 with the rise of Ethereum, dex platforms have grown exponentially with trading applications like Uniswap, 0x, Kyber, and more. Dex trading growth has spiked over 68% this week alone...
Bull Runs, Mining, and Tor Attacks: Bad Crypto News of the Week
16.8.2020
Check out this week’s Bad Crypto podcast
15 Ways to Stay Sane While Trading Crypto
16.8.2020
24/7 markets. Big price swings. Hacks. Trading crypto can be tough on the nervous system. Here, based on interviews with leading traders, are tips for maintaining equilibrium
Former Prudential Securities Chief Executive Ball Bats for Bitcoin
15.8.2020
Bitcoin is both a long-term safe haven and short-term speculative asset, Ball said
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...
Can Belarus Use Crypto to Bypass Sanctions? Experts are Skeptical
15.8.2020
Sanctions could be coming to Belarus. Can the crypto-friendly country beat it with Bitcoin or Ethereum?
Indian Crypto Exchange WazirX to Enter DeFi Amid Uncertain Regulations
15.8.2020
Indian crypto exchange WazirX plans to attract current users and institutional investors with its market maker protocol
Unraveling the Blockchain and Crypto Gaming World One Click at a Time
15.8.2020
The latest wave of incoming blockchain-enabled games promise AAA experiences for gamers, potentially exposing 2.5 billion people to crypto
Yams, Supplygates, Demasking, and 20 Crypto Jokes
15.8.2020
This week in top two coins news: Bitcoin rallied to new yearly high, while chainlink flipped litecoin; bitcoin got USD 250m endorsement from a major US company, and we calculated which two institutional investors allocated at least 1% to bitcoin. In the meantime, the ethereum supplygate hit...