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Decentralized Finance Is Blossoming, But Just How Decentralized Is Defi?
30.1.2020
The defi market has hit an all-time high as the total value locked up in decentralized finance has surged past $850 million. A flurry of new applications, privacy proposals, wallets, DEXs, and protocols is extending the limits of what defi is capable of. This jubilation should be countered with...
New Chainalysis Report Sheds Light on Darknet Markets and the Need for Onchain Privacy
29.1.2020
Darknet market activity hit new highs in 2019, as shown in a new report from blockchain forensics firm Chainalysis. Despite concerted attempts from law enforcement (LE) to crack down on darknet markets (DNMs), coupled with several exit scams, crypto inflows and outflows surpassed $800 million last...
Over Million USD Bets Placed on Ethereum Reaching USD 600 by March
29.1.2020
Significant financial bets in the form of ethereum (ETH) call options have been seemingly placed by a trader or group of traders who are going in big in the hopes that ETH will exceed USD 600 before the end of March, just two months from now.
As of pixel time (12:21 PM UTC), ETH is trading at about...
Bitcoin Gold 51% Attacked – Network Loses $70,000 in Double Spends
26.1.2020
The Bitcoin Gold (BTG) network suffered another set of 51% attacks on January 23-24, as roughly 29 blocks were removed in two deep blockchain reorganizations (reorgs). Reports indicate that more than 7,000 BTG was double spent as the chain suffered a loss of $70,000 in two days. Also read: Bitcoin...
Data Shows $25 Billion Worth of Bitcoin and Ether Held by Seven Crypto Exchanges
26.1.2020
On January 3, 2020, a small group of crypto enthusiasts celebrated the second annual Proof-of-Keys day with hopes to get people to withdraw funds from centralized digital currency exchanges. However, exchanges holding massive amounts of BTC only saw their reserves grow larger and data shows that...
Ripple Slashes XRP Selling Even More After Raising USD 200 Million
24.1.2020
Ripple, an American blockchain company focusing on payments technologies, reduced sales of XRP from its escrow fund last quarter when it secured USD 200 million in funding.
According to their report, the reductions in Q4 follows that sharp reduction that was recorded in Q3, with the main difference...
Bitcoin Cash Miner Jiang Zhuoer Answers Infrastructure Funding Questions
23.1.2020
On Wednesday, Btc.top founder Jiang Zhuoer disclosed that five mining operations had plans to donate roughly $6 million in coinbase rewards (depending on market prices) to developers building Bitcoin Cash infrastructure. The news was met with mixed reviews as some of the specifics of the deal were...
Polkadot Will Finally Launch This Year – But Is the Multi-Chain Network too Late to Catch Ethereum?
23.1.2020
Remember Polkadot? It’s the multi-chain network that raised $145 million in 2017 and hasn’t been seen since. But unlike many of the blockchain projects from that era, Polkadot hasn’t taken the money and run. Its team, led by Ethereum founder Gavin Wood, has been beavering away...
Demand for Crypto Derivatives Swells as CME’s Bitcoin Volume Rises
22.1.2020
The global markets company Chicago Mercantile Exchange (CME) has seen considerable demand since launching its options contracts in the wake of the firm’s bitcoin futures. On the first day of swaps, CME’s bitcoin options saw 55 contracts ($2.3 million). By the end of the week,...
LumApps Collects $70 Million in Series C Funding Round
22.1.2020
Taking pride in being one of the best enterprise-grade cloud-based social intranet platforms, LumApps has announced that it has pooled in a whopping amount of $70 Million through Series C funding round. The funding event was led by renowned global investment banking, securities, and management...
Ethereum Officially Starts the One Million Developer Challenge
21.1.2020
After three months since the initial announcement, the challenge to get one million developer to build on Ethereum (ETH) is now officially on.
Last October, as reported, at the Devcon 5 conference held by the Ethereum Foundation, Joseph Lubin, co-founder of Ethereum and founder of blockchain...
Popular Crypto Wallet Imtoken Adds Bitcoin Cash Support
21.1.2020
Consistently among the top digital assets in the world by market cap, Bitcoin Cash is accepted by most crypto service providers and the list just keeps growing. The latest platform to add BCH support is the popular crypto wallet with over 10 million downloads, Imtoken. Also Read: Bitcoin.com...
Canadian Teen Charged for $50 Million Cryptocurrency Theft
20.1.2020
Canadian teenager is charged for a $50 million SIM-swapping ring that targeted Consensus attendees
Crypto Exchange Bithumb Takes Korean Tax Authority to Court Over $69 Million ‘Groundless’ Tax
17.1.2020
Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply...
Shifting Tales of John McAfee: $1 Million Prediction to “Not the Future”
17.1.2020
Computer scientist John McAfee has been one of the fiercest advocates of cryptocurrencies, and one of the strongest proponents of Bitcoin bullish trends. Right from making optimistic price prediction to arguing in favor of usability, McAfee has done it all, though the market has behaved quite...
Bitcoin Lawsuit Heats Up With More Bonded Courier Tales
16.1.2020
During the last few days, cryptocurrency participants have been discussing the notorious Kleiman v. Wright lawsuit as new developments have revealed a third party provided Craig Wright with the necessary information to unlock an encrypted file he could not access previously. Additionally, another...
Swiss Real Estate Company Closes A $134 Million Deal Using Blockchain
16.1.2020
The first Swiss real estate sale powered by the blockchain has formally closed, and there was a significant amount of money involved
Terra Reaches '1 Million User Accounts' + More News
15.1.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Terra, the blockchain payment network powering the mobile payment app CHAI, said it has hit a milestone with...
Market Outlook: Bullish Trend Sends Crypto Prices Northwards
14.1.2020
Digital currency markets are seeing significant gains this week as the entire market capitalization gained $28 billion in the last seven days. Moreover, trade volume has spiked to a massive $100 billion and during the last 24 hours, numerous digital assets have gained between 3-48%. Also read:...
Singapore Crypto Consultant Kidnapped for $1 Million Ransom
14.1.2020
Singaporean kidnapped in Thailand makes daring escape after being tortured for $1 million ransom