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Y Curve Interest Rates Reach 2,000%, Assets Under Management Grows Tenfold After Token Launch
21.7.2020
Depositors to the Y Curve decentralized finance (defi) pool received as much as 2,000% in interest this Saturday and about 600% (annualized) for the entire day. Before this increase, liquidity providers had been earning an aggregate rate of 10.58%. The latest interest rate growth follows Yearn...
Vegasbetting.com Study Found US Sports Betting Market Is Leading the Way
21.7.2020
Ten out of ten major US sportsbooks accept Bitcoin deposits while only one in ten sportsbooks with a global footprint process Bitcoin payments. VegasBetting.com study found that the US sports betting market is leading the way when it comes to accepting bitcoin as a payment method. The study looked...
Satoshi Nakamoto Mined More Than 1 Million Bitcoin - Report
21.7.2020
Bitcoin’s (BTC) pseudonymous creator Satoshi Nakamoto may have mined more than 1 million bitcoin in the early days of the cryptocurrency, according to analysts at crypto transaction tracker Whale Alert.
The early Bitcoin miner known as Patoshi mined BT 1,125,150 during BTC’s infancy, when Patoshi...
Bitcoin Climbs Above USD 9,300, Altcoins Gaining Bullish Momentum
21.7.2020
Bitcoin price remained well bid above the USD 9,050 and USD 9,000. BTC formed a strong support base above USD 9,000 and it recently started a steady rise. It broke the USD 9,200 pivot level and it is currently (08:30 UTC) trading above the main USD 9,300 resistance zone.
Similarly, most major...
Tips for Starting with Bitcoin and Cryptocurrencies
21.7.2020
One of the most rewarding experiences of my life, both financially and logically, has been buying and managing cryptocurrencies like Bitcoin, Litecoin, Ethereum. Like learning any other new tech, I made rookie mistakes along the way, but learned some best practices along the way. Check out these...
Telecom Argentina S.A Hit by Major Ransomware Attack, Criminals Demand $7.5M Worth of Monero
21.7.2020
Telecom Argentina S.A has been hit by a ransomware attack and the cyber-criminals are demanding $7.5 million paid in the privacy coin monero. The Spanish language site, elperiodista.com quotes anonymous employees stating that the attack started last Wednesday. Initially thought to be a small...
Experts Concerned Over Twitter’s Ability to Tweet on Behalf of Users
21.7.2020
A worse scenario than the recent attack against Twitter could happen if the social media network doesn’t strengthen its internal security procedures, say experts
BitMEX-affiliated Firm Leads USD 3.4m Investment in S African Exchange
21.7.2020
The investment arm of a new company operated by the creators of derivatives platform BitMEX, has spearheaded a USD 3.4-million cash injection in VALR, one of Africa’s biggest crypto exchanges.
Per a press release shared with Cryptonews.com, the Series A equity round of funding in the VALR exchange...
Amir Taaki Knocks Bitcoin Coinjoin Schemes – Calls Methods ‘Absolute Garbage’
21.7.2020
On July 17, the well known Dark Wallet creator and early Bitcoin developer, Amir Taaki, criticized bitcoin privacy methods on Twitter. Taaki claimed that UTXO mixing concepts like Coinjoin were “absolute garbage.” Taaki also knocked other concepts like Mimblewimble and privacy-centric...
Russia Shelves Plans to Criminalize Bitcoin Transactions – For Now
21.7.2020
Russia has dropped plans to criminalize bitcoin transactions – for now, according to local media reports. The Digital Financial Assets Bill (DFA), due to be read for the second time in the Russian parliament – or State Duma – on July 21, has removed references to administrative...
Grayscale Receives FINRA Approval for BCH and LTC to Trade Publicly
21.7.2020
Financial regulators in the US approved shares of Grayscale Investments’ Bitcoin Cash and Litecoin trusts for trading on OTC Markets
Analysts Claim Bitcoin’s 76 Day Stability ‘Bullish’: Hash Ribbons Cross and 2016 Patterns
21.7.2020
The price of bitcoin has been very stable lately, and the crypto asset has been trading in a less volatile range just above $9k per coin for 76 consecutive days. After the third halving, the price of bitcoin has also been far more stable, in contrast to the price action after the second halving....
South Korean Crypto Tax Plans to Be Unveiled this Wednesday
21.7.2020
The South Korean government is reportedly set to unveil further details about its plans to introduce tax for cryptoasset holders.
Per an unsourced report by SBS CNBC, Seoul will unveil a document outlining its proposals in a Tax Law Amendment bill – to be unveiled on July 22. The bill will seek...
Bitcoin Security 101: How to Create a 2 of 2 Multi-Signature BCH Wallet
21.7.2020
In the world of cryptocurrencies, there’s a lot of discussions and lessons when it comes to digital asset security and one of them is multisig wallets. The term multisig stands for multi-signature and the following post will teach anyone how to create a 2 of 2 multisig wallet. Years...
As US Banks Running Out of Coins Bitcoin Keeps On Chugging Along
21.7.2020
A U.S. bank is offering its customers a 5% bonus for delivering coins to one of its branches while Bitcoin has quadrillions of Satoshis to spare
$10.9 Billion Bitcoin Stash Proves Satoshi Is Still the Biggest Whale
20.7.2020
Analysts estimate Satoshi mined $10.9 billion worth of Bitcoin to keep the network safe but will these BTC ever be spent?
CME Bitcoin Options Flatline After Record Growth in June
20.7.2020
Less than 0.2% of Friday's daily options trading happened on CME, according to data from Skew
Market Wrap: Bitcoin Clings to $9,200 While Ethereum Transactions Soar
20.7.2020
Bitcoin trades flat in July, leading investors to mull other cryptocurrencies
Adam Back Denies Having a Beer With Satoshi Nakamoto
20.7.2020
An early Bitcoin adopter contends that Adam Back had a beer with Satoshi Nakamoto in London, while Back uncategorically denies it
EToro Experienced a Dip in Growth for Every Crypto but Tezos in Q2
20.7.2020
eToro users eased up on every cryptocurrency in Q2 2020 with the exception of Tezos, according to the brokerage firm’s latest report