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Bitcoin Miner Layer1 Overstated Industry Vet’s Involvement in $50M Series A Pitch
24.8.2020
Peter Thiel-backed Layer1 told potential investors in a recent pitch deck that bitcoin miner maker Canaan’s co-founder Liu Xiangfu joined its team as a key executive – except that’s not what Liu says
Bitcoin News Roundup for Aug. 24, 2020
24.8.2020
With Turkey getting bullish on bitcoin and BitMex blocking users in part of Canada, CoinDesk's Markets Daily is back for your latest crypto news roundup!
IMF Publishes Cryptocurrency Explainer, Saying It ‘Could Be the Next Step in the Evolution of Money’
24.8.2020
The International Monetary Fund (IMF) has published a video explaining what cryptocurrency is. Besides suggesting that cryptocurrency could “completely change the way we sell, buy, save, invest, and pay our bills,” the video states that it “could be the next step in the evolution...
Expert weighs in on Wasabi’s response to wallet security issues
24.8.2020
Mario Havel of Paralelni Polis has sided with Samourai
Ether Volatility Now Highest in Six Months Compared With Bitcoin’s
24.8.2020
Investors are pricing more volatility in ether compared to bitcoin. It's yet another consequence of this year's boom in decentralized finance, or DeFi
Swipe (SXP) bounces after 54% crash — is $7 now a realistic target?
24.8.2020
Swipe (SXP) has been seeing wild swings in price this month but a period of consolidation appears likely before the next big move
Over $1M in Ryuk Ransomware Bitcoin Was ‘Cashed Out’ on Binance: Report
24.8.2020
Researchers reportedly traced bitcoin sent as payments to Ryuk ransomware controllers and found a good portion passed through Binance
Marathon Brings New Rigs Online, Sees Becoming Cash Flow Positive
24.8.2020
The company expects 1,000 more S19 machines by December
Kraken exec: 5 reasons why Bitcoin is ‘at the beginning of a bull run’
24.8.2020
A combination of frightening macro phenomena and Bitcoin strength spells bullish for Kraken’s Dan Held
Backing the development of Bitcoin Core infrastructure for ‘sound’ money
24.8.2020
This year has been a milestone for open-source development, as more organizations have contributed funds by way of grants and sponsorships
'Avoid Bitcoin Like a Plague' RyanAir CEO Says
24.8.2020
The enraged Chief Executive Officer of major budget airline RyanAir, Michael O’Leary, stated that he hated Bitcoin, adding that everyone should avoid the world's number one crypto like a plague. This follows the use of the CEO’s image to promote a bitcoin (BTC) scam.
"I have never, and would...
The US is losing the 'tech cold war,' warns Ripple co-founder
24.8.2020
China can reverse Bitcoin transactions, a Ripple exec said
First Mover: Anything-Goes Token Market Repudiates Rich-Only Venture Capital Club
24.8.2020
Venture capital is no longer just for the rich, as crypto markets let traders bet on early-stage digital-asset startups, risks included
I would never invest one cent in Bitcoin, says Ryanair CEO
24.8.2020
“Avoid Bitcoin like a plague.”
Report suggests $1 million of ransomed Bitcoin was cashed out on Binance
24.8.2020
Binance Security Team explains that security systems and techniques are constantly evolving to identify malicious activity while minimizing false positives
Public interest in central bank digital currencies surpasses Bitcoin in 2020
24.8.2020
The 2020 pandemic could accelerate global efforts to issue CBDCs, say BIS analysts
$50 Billion in Cryptocurrency Left China Amid Escalating Trade Wars
24.8.2020
Over $50 billion in cryptocurrency flowed out of China over the past 12 months amid trade wars, a new study finds. East Asia is the world’s largest cryptocurrency market; its crypto trading volume is driven by “a robust professional market” as well as an “extremely...
Leveraged Funds Take Record Bearish Positions in Bitcoin Futures
24.8.2020
The funds likely boosted short positions to take advantage of attractive "cash and carry" yields
Bitcoin Mining Difficulty Hits a New Record, Estimated to Rise Further
24.8.2020
The difficulty of mining bitcoin (BTC) has just reached another all-time high, after rising more than expected during today’s difficulty adjustment. Meanwhile, the network’s hashrate is still below its all-time high from back in July.
As reported five days ago, bitcoin’s mining difficulty, which...
Bitcoin and Altcoins Signaling Start of Fresh And Steady Increase
24.8.2020
After forming a support base near USD 11,550, bitcoin price started an upside correction. BTC surpassed the USD 11,650 resistance and it is currently (08:30 UTC) approaching the USD 11,850 resistance. To move into a positive zone, the price must settle above USD 12,000.
Similarly, most major...