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Bitcoin News Roundup for June 17, 2020


With Ethereum logging it's busiest week on record and the number of bitcoin whales headed up, CoinDesk's Markets Daily Bitcoin news roundup is back!

Competition Between Bitcoin Mining ASIC Manufacturers Is Heating Up - Report


After Bitcoin halving, ASIC mining equipment producers will compete increasingly more aggressively, and in the long term, only 2 or 3 industry players will survive, states a report by BitMEX Research. The report looks into the history and current situation, as well as the efficiency of mining...

Spanish Crypto Users Report Banking ‘Freezes’ After Using Exchanges


Banks in Spain are reportedly closing accounts they suspect belong to cryptocurrency traders, particularly users of the LocalBitcoins peer-to-peer exchange – and may have been doing so “since November last year.” Per a report from media outlet Criptonoticias, an experienced crypto trader who asked...

The Quickest Way to Trade Bitcoin


The text below is an advertorial article that was not written by Cryptonews.com journalists. Have you always wanted to try your hand at trading Bitcoin, but never could find the time? Does the prospect of losing funds due to inexperience intimidate you? Alternatively, are you scared it will take...

CFTC Chairman: US Must Lead the World in Crypto With Less Restrictive Rules


The chairman of the Commodity Futures Trading Commission (CFTC) has called on other regulators to establish a framework for sound crypto regulation. He believes that the U.S. must lead in the crypto field and “applying overly prescriptive rules could stunt the development of this important...

Brute Force Attack Puts Super-fast End to ‘4-Week’ Bitcoin Riddle


Hackers rose to the challenge of stealing a bitcoin – with a “brute force” cryptanalytic attack allowing raiders to crack into a wallet and make away with the BTC 1 booty. Alistair Milne, the chief investment officer at the Altana Digital Currency Fund, had set the world of social media...

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