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Bitcoin Posts a 66-Day Consecutive Streak Above the $10K Price Range

1.10.2020
The Bitcoin network has achieved a few new milestones during the last week, as the price has remained above the $10k range for a record 66 consecutive days. Meanwhile, the network has surpassed 18.5 million bitcoin issued, as the global hashrate coasts along at an all-time high of 140 exahash...

ICO Aftermath: US Rules in Favour of SEC in $100M KIK Case – SALT to Reimburse Claimants From 2017 ICO

1.10.2020
A US court has ruled in favour of the US SEC after the regulator’s filing of a motion seeking summary judgment against Kik for violating the country securities laws. Kik, which raised $100 million from 2017 ICO, had filed its own motion of summary judgment but the court refused to grant this....

Chainalysis and Texas firm win million-dollar IRS contract to crack Monero

30.9.2020
The IRS has named the winners of its bounty program to track transactions on privacy tokens and layer-2 protocols

'25 Million'-follower TikTok Star Bryce Hall Gets on Bitcoin Gravy Train

30.9.2020
A TikTok star who claims to have “around 25 million followers” has posted about bitcoin (BTC) on social media and launched a podcast series with Anthony “Pomp” Pompliano, a prominent crypto advocate and broadcaster – in a move that commenters believe will have “12-year-olds” spending their “lunch...

Cumulative Ethereum Transaction Fees in 2020 Supersede Bitcoin’s by a Long Shot

30.9.2020
This week the research and analysis team Coin Metrics published a report on how decentralized finance (defi) is “fueling Ethereum’s growth.” Meanwhile, the researchers also highlighted that Ethereum’s cumulative transaction fees in 2020 are now over $350 million and more...

Bitcoin Miner Maker Ebang Narrows First Half Loss To $7 Million, as Covid-19 Hit Demand

29.9.2020
Ebang International Holdings Inc., the Chinese maker of bitcoin mining hardware, reported a net loss of $6.96 million during the first six months of this year, down from $19.07 million a year ago, as demand fell due to the coronavirus pandemic. Revenue plunged 51% to $11.04 million from $22.35...

Token Projects to Recover $130M from the Kucoin Hack, Devs Condemned for Centralization

29.9.2020
The cryptocurrency community has been discussing the Kucoin hack as a great number of ERC20 projects have frozen, paused, or reversed their smart contracts after the hack. Estimates say that at least $129 million ERC20 tokens affected are considered “safe” from the hacker’s...

Grayscale Investments Scooped Up Over 17,000 BTC in the Last Seven Days

28.9.2020
During the last seven days, Grayscale Investments purchased 17,100 BTC or $182 million worth of bitcoin using today’s exchange rates. The company’s bitcoin position is now close to 450,000 BTC worth roughly $4.7 billion. The Grayscale Bitcoin Trust (GBTC) is a very popular investment...

Only 2.5 million Bitcoin left to mine

27.9.2020
But with Bitcoin demand on the rise, can we expect more scarcity?

Kucoin Hacker Leverages Uniswap to Dump Vast Number of ERC20 Tokens

27.9.2020
Since the recent Kucoin hack, the crypto community has been waiting for the hacker to move funds. During the early morning hours (ET) on Sunday, a number of people noticed the Kucoin hacker started to move a large amount of ether and ERC20s to connect with the decentralized exchange (dex) Uniswap....

Kucoin Hacked for $150 Million in Bitcoin; Bitfinex and Tether Freeze $33 Million of the Stolen Funds

26.9.2020
Cryptocurrency exchange Kucoin may have been hacked for $150 million in bitcoin and multiple ERC20 tokens. The Singapore-based exchange confirmed the September 25 security breach, but did not disclose the amount stolen. “Bitcoin, ERC-20 and, other tokens in Kucoin’s hot wallets were...

KuCoin Exchange Hacked, Approx. USD 150 Million Worth of Crypto on the Move

26.9.2020
Singapore-based cryptocurrency exchange KuCoin has experienced leakage of its private keys tied with its KuCoin hot wallets, which resulted in a hack of approximately USD 150 million worth of customer funds. The platform has temporarily suspended deposits and withdrawals from its platform, while...

Cambridge University’s Third Crypto Study Records 101 Million Cryptocurrency Users Worldwide

25.9.2020
The University of Cambridge and the school’s Centre for Alternative Finance has published the third “Global Cryptocurrency Benchmarking Study.” The 71-page in-depth study examines the current growth of the crypto industry, mining, offchain activity, crypto asset user profiling...

Rescuing USD 9.6 Million in Ethereum: The Fellowship of a Smart Contract

25.9.2020
"On September 15, 2020, a small group of people worked through the night to rescue over USD 9.6m from a vulnerable smart contract," the author of a recently published blog wrote, starting the story. Sam's discovery While looking at some smart contracts, expecting to find nothing...

New XRP Ledger Foundation gets $6.5 million in donations from Ripple and others

25.9.2020
The funds will be used to set up XRP Community Fund and improve XRP Ledger infrastructure

The Genesis of BCH Tokenization: Over 10,000 SLP Tokens Built on Bitcoin Cash

25.9.2020
This week Bitcoin Cash fans have been discussing the milestone of over 10,000 Simple Ledger Protocol (SLP) tokens created since the infrastructure was first introduced. Moreover, tokens built on Bitcoin Cash are nearing 1 million transactions to-date. Bitcoin Cash (BCH) community members have...

Over 100 Million People Hold Bitcoin, Altcoins Globally - Report

24.9.2020
Crypto usership is going up at an exponential rate, per researchers at the Cambridge Centre for Alternative Finance, with over 100 million people worldwide now making use of cryptoassets – a massive increase from the 35 million figure the same researches identified just two years. According to...