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Blockchain Bites: Ethereum’s Fees, Bitcoin’s Pullback, Ren’s Great Week
20.8.2020
yEarn.finance's governance token has "flippened" BTC, for the first time ever, while stablecoins may become unbalanced if traders ditch a “market-neutral strategy.”
Bitcoin News Roundup for Aug. 20, 2020
20.8.2020
With bitcoin taking a back seat to the DeFi boom and data platforms aiming for the moon, CoinDesk's Markets Daily is back for your latest crypto news roundup!
Yearn Finance Token Jumps 270% in 5 Days – Defi Token YFI Worth More Than a Single Bitcoin
20.8.2020
Decentralized finance (defi) continues to make waves this week, as the Yearn Finance project token (YFI) jumped over 270% during the last five days. The digital token is worth more per coin than the price of bitcoin today, as the asset is currently trading for $15,934 per YFI. It’s very rare...
First Mover: Collapsing Bitcoin Futures Premium Offers Glimpse of New Digital Money Market
20.8.2020
Dollar-linked "stablecoins" are being used in exotic cryptocurrency trades, similar to the way money markets serve as liquidity on Wall Street
YAM Will Never 'Become Money', YFI Exceeds Bitcoin Price
20.8.2020
Despite branding itself as money, the much-discussed and recently troubled decentralized finance (DeFi) token YAM will never achieve this, and real utility for the token must be found to keep the bubble from popping, popular crypto researcher Hasu said. Meanwhile, DeFi token YFI became the first...
South African Regulator Warns Against Using Mirror Trading International
20.8.2020
Mirror Trading International is getting flak from regulators worldwide
DeFi Token YFI Is Now Worth More than a Bitcoin
20.8.2020
Bitcoin has been superseded as the most valuable cryptocurrency – for the first time ever – by the YFI governance token from DeFi protocol yEarn
US Says North Korea Has 6,000 Hackers: Many in Belarus, China, India, Malaysia, Russia
20.8.2020
North Korea allegedly has about 6,000 hackers, many of whom operate abroad, according to a recent report published by the U.S. Army. The infamous Lazarus Group, thought to be linked to a number of cryptocurrency exchange hacks, is among them. North Korea’s Bureau 121 The U.S. Army recently...
Pomp’s Morgan Creek Leads $50M Investment in Crypto Lender BlockFi
20.8.2020
BlockFi’s Bitcoin reward card is inching forward
YFI Becomes First Altcoin to Exceed the Price of Bitcoin — Now What?
20.8.2020
The price of yearn.finance’s YFI token surpassed the price of Bitcoin at $13,444. But it is more arbitrary and psychological
Bitcoin Risks Deeper Drop if Dollar Rebounds
20.8.2020
The bitcoin price could pull back even further should the dollar stage a full-blown recovery on the back of the latest Fed meeting
Top Indian Central Banker Says Cryptos Have a Future But Fears Monopoly
20.8.2020
A former chief economist of the IMF said neither private digital currencies nor central bank digital currencies should hold a monopoly
Japanese Court Orders Seizure of Cryptocurrency Linked to Coincheck Hack of 2018
20.8.2020
A court in Tokyo, Japan has ordered the seizure of crypto assets that have been traced back to the Coincheck hack of January 2018, The Japan Times reported Wednesday. More than $530 million worth of the NEM (XEM) cryptocurrency was stolen from the exchange two years ago in what turned out to be...
Bitcoin and Altcoins Consolidate Losses Above Key Supports
20.8.2020
Bitcoin price started a corrective decrease below the USD 12,200 and USD 12,000 support levels. The price is currently (08:30 UTC) consolidating above the USD 11,550 support. To start a fresh increase, the price must surpass the USD 11,850 and USD 12,000 resistance levels.
Similarly, most major...
Bitcoin Will Hit $340K if BTC Price Repeats 2016 Halving Cycle Pattern
20.8.2020
A look at the difference between halving cycle highs, lows and halving prices delivers huge BTC price targets which their creator cautions are “hopium.”
China’s Bitcoin Mining Industry Impacted the Most This Year, Says Report
20.8.2020
The researchers and analysts from Tokeninsight published it’s “2020 Q2 Cryptocurrency Mining Industry Report” which shows the industry has grown exponentially during the last six months. The findings indicate cryptocurrency mining has expanded a great deal but China’s...
Ransomware Negotiations Revealed: Flattery and Empathy Works
20.8.2020
New details reveal the unusual strategies employed by ransomware negotiators in a recent attack on the University of California
Amuary Sechet: ‘Upgrade or Bitcoin Cash Is Destined for Irrelevance’
20.8.2020
A Bitcoin Cash upgrade that would mandate all newly minted blocks donate 8% to development is threatening to drive a hard fork in November
Hash Watch: Bitcoin Cash Miners Begin Signaling Node Implementations
20.8.2020
There’s 88 days left until the Bitcoin Cash upgrade scheduled for November 15, 2020, and the community has been watching miners closely. On August 18, the Bitcoin ABC team published a blog post that revealed a “feature freeze is now in place,” as it contains a new coinbase rule....
Middle Eastern Restaurant Chain Converts Entire Reserves to BTC
20.8.2020
The Middle Eastern restaurant, with three locations across Ontario, announced it would be switching its cash reserves to crypto