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Bitcoin News Roundup for Aug. 26, 2020
26.8.2020
With bitcoin’s silver lining and Ribbit’s $350 million “Blank Check,” CoinDesk's Markets Daily is back for your latest crypto news roundup!
Marathon to Buy Fastblock Mining for About $22M in Stock
26.8.2020
The company gains 3,304 ASIC miners through the merger
Sources Say World’s Largest Darknet Empire Market Exit Scammed, $30 Million in Bitcoin Stolen
26.8.2020
One of the world’s largest darknet markets (DNM), Empire Market, allegedly exit scammed after the marketplace was taken offline for a number of days this week. DNM patrons are upset about Empire Market’s departure and customers say that $30 million in bitcoin held by the darknet’s...
Inside Ethereum’s Testnet Headwinds & Growth in Tokenized Bitcoin : A Data Perspective by IntoTheBlock
26.8.2020
Powered by Every week, IntoTheBlock brings you an on-chain analysis of top news stories in the crypto space. Leveraging blockchain’sContinue Reading
The post Inside Ethereum’s Testnet Headwinds & Growth in Tokenized Bitcoin : A Data Perspective by IntoTheBlock appeared first on CoinMarketCap...
Minereum Launches Crypto Bond With up To 50% Yield
26.8.2020
Minereum, the project behind the first self-mining smart contract, has released a new crypto bond allowing investors to earn up to 50% a year on their digital assets. The Minereum Crypto Bond is described as a blockchain experiment to prove that it is technically possible to bring traditional bond...
Bitcoin Drop Squeezes Out Weak Derivatives Positions – And That May Be a Good Thing
26.8.2020
Bitcoin’s latest price drop may have a silver lining
Industry ‘Under Threat’ as South Korean Police Raid Crypto Exchange
26.8.2020
Police in South Korea have raided the offices of Coinbit, a South Korean crypto exchange, under suspicion of widespread market manipulation.
The exchange was set up in 2018 by gaming firm Axia, and has risen to become one of the most promising of the chasing pack of exchanges behind market leaders...
Tyler Winklevoss says US Fed is the ‘biggest booster’ of Bitcoin price
26.8.2020
The upcoming Fed speech, which many suggest will focus on raising inflation, is only good news for BTC/USD, Winklevoss argues
Official Notice Says Cheap Electricity to End for Inner Mongolian Bitcoin Miners
26.8.2020
Regional reports say that officials from Inner Mongolia delineated 21 bitcoin mines, as the region plans to stop subsidized electrical rates for certain data firms. Unless the bitcoin mining facilities pack up and migrate, mining farms may see an electrical price increase by one third. The Chinese...
Bitcoin and Altcoins Turn Red, Eye Last Line of Defense
26.8.2020
In the past few hours, bitcoin price followed a bearish path below the USD 11,650 and USD 11,550 support levels. BTC even tested the USD 11,100 region and it is currently (08:30 UTC) consolidating losses. The next major support is near USD 11,000, below which the price might decline heavily towards...
Bittrex Global Announces Listing of Sensorium (SENSO)
26.8.2020
Los Angeles, California, August 25th, 2020 – The global cryptocurrency exchange Bittrex Global has announced the listing of SENSO token, the in-platform currency of Sensorium Galaxy, a social VR platform that rethinks the way people interact with each other and experience the arts. Developed...
Hyperinflation and Currency Collapse Fears After Zambian President Fires Central Bank Governor
26.8.2020
Zambian President Edgar Lungu fired the country’s central bank governor Denny Kalyalya last week sparking fears that government wants to end the institution’s independence. Kaylalya was immediately replaced by Christopher Mvunga who reportedly has close ties to the President. The abrupt...
Tether tops Paypal and Bitcoin for average daily transfer value
26.8.2020
Average daily transfer value for Tether exceeded that for Bitcoin in August
Browser-based cryptojacking is back as attacks spike 163%
26.8.2020
Who said browser-based cryptojacking was dead?
Developers Plan to Compete in Bitcoin Cash-Fueled Hackathon ‘BCH Devcon III’
26.8.2020
On September 4-6, Bitcoin Cash engineers will be holding the third annual developers’ conference dubbed “BCH Devcon III.” More than 30+ bitcoin cash ($8,300) will be available in prizes for winning teams who participate in the 72-hour hackathon. Software developers are gearing...
Dave Portnoy offers to ‘save’ Bitcoin and Chainlink
26.8.2020
Crypto community responds: ‘Nah, we’re good.’
Bitcoin and Fiat Most Donated as NGOs ‘Dip Their Toes’ in Crypto - BitGive
26.8.2020
With COVID-19 relief becoming a major necessity in the long string of causes people are fighting for, the world of philanthropy is set to benefit from the increased transparency of bitcoin (BTC) and cryptocurrency donations - with BTC and fiat remaining the most popular currencies to donate on...
FTX crypto exchange acquires Blockfolio for $150 million, set to create ‘New trading experience’
26.8.2020
FTX exchange demonstrates retail expansion aspirations as it acquires the number one crypto app
Record high Bitcoin whale population is bullish for BTC price — Analyst
26.8.2020
The number of Bitcoin whales has hit a new all-time high, signalling that BTC is still in an accumulation phase
Aave Protocol Outpaces Maker With $1.4B Locked, Defi Project Granted UK Electronic Money License
26.8.2020
The decentralized finance (defi) open-source protocol built on Ethereum, Aave, has surpassed the Maker Dao project in terms of total-value-locked (TVL) this week. The lending and borrowing platform Aave has $1.43 billion locked on Tuesday climbing 7.7% in the last 24-hours. On August 25, the defi...