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Tron Falls with Broader Market Despite Hype by Justin Sun
25.5.2020
Despite an ongoing campaign from Tron (TRX) founder Justin Sun to hype an upcoming upgrade of his blockchain platform, TRX failed at gaining traction on Saturday, and continued trading largely in line with the broader crypto market over the weekend.
At pixel time (11:51 UTC), TRX, ranked 18th...
Can a Digital Dollar Save the US? JPMorgan Says...It’s Complicated
22.5.2020
“No country has more to lose” than the United States as central bank digital currencies (CBDCs) begin to roll out, claims US-based investment banking giant JPMorgan – which suggests that a “modest” digital fiat investment could potentially help safeguard dollar dominance for years to come.
Per...
Researchers Found a Way to Catch Altcoin Pumpers and Dumpers Early
21.5.2020
While pump and dump groups can't manipulate prices of bitcoin (BTC) or other major cryptoassets, investors in small altcoins have a way to avoid such traps, according to a new research.
“The fundamental idea is to leverage the abnormal growth of so-called market buy orders, buy orders that are used...
Court Rules on What Japanese Exchanges Must Do with Hard Fork Tokens
20.5.2020
A ruling made by a Tokyo District Court – and unearthed by the CEO of Japanese crypto exchange bitFlyer – appears to suggest that exchanges are not legally obliged to transfer any cryptoassets generated by hard forks to their customers.
Per a series of tweets from bitFlyer CEO Yuzo Kano, a Tokyo...
Digital Yuan ‘Highly Likely’ to Be Comaptible with Alipay, WeChat Pay
20.5.2020
Experts in China and South Korea believe that China’s digital yuan will likely be interoperable with e-pay solutions like WeChat Pay and the Alibaba-operated AliPay, as well as a number of digital platforms used by major banks.
The People’s Bank of China (PBoC), the Middle Kingdom’s central bank...
Bullishness Spreads to Major Altcoins (Except XRP) in Wake of Bitcoin Halving
20.5.2020
Despite Bitoin’s (BTC) recent halving on May 11 diverting some of the attention, other major cryptoassets have also seen strong performance in the days following the event, with early signs now indicating that the bullishness in BTC may be spreading to the broader crypto market.
Following...
Facebook Libra ‘Rival’ Celo Says its Mainnet Is Now Live
19.5.2020
Celo, a blockchain project that has been deemed as a competitor to Facebook’s Libra project, says its mainnet is now live, following almost three years’ worth of development.
The project’s operators stated that the mainnet’s Celo Gold (cGLD) stablecoin was now available for transfer after work...
Visa CEO Leaves Door Open for Libra Return, Says Bitcoin Is Commodity
19.5.2020
Alfred Kelly. Source: a video screenshot, Youtube, Business Live ME
Payments giant Visa has suggested that its foray into digital currencies is not over, and – although it is still distancing itself from cryptocurrencies – has admitted that it is open to the idea of returning to Facebook’s Libra...
Crypto Listing and Delisting Announcements: Week 20
18.5.2020
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
New Crypto Bull Cycle, Ripple’s MoneyTap in ATMs + More News
18.5.2020
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.
Crypto adoption news
Major venture capital fund Andreessen Horowitz (a16z) has predicted a fourth crypto bull cycle, driven...
Crypto Market Sentiment Drops Again; Bitcoin Still in the Positive Zone
18.5.2020
Source: iStock/da-kuk
Crypto market sentiment went for a dive in the first week after the Bitcoin (BTC) halving event on May 11. Crypto market sentiment analysis service Omenics shows that the combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins dropped from last...
South Korean Central Bank Steps up CBDC Work ‘in Response to COVID-19’
18.5.2020
The South Korean central bank has sped up its digital currency issuance progress, per a new report, with officials to begin a tech review several months ahead of schedule.
According to Chosun, the central Bank of Korea (BOK) says it has conducted a study of the technological advances required...
Telegram Investor Backs Durov Crypto Return to ‘Kick Zuckerberg’s Ass’
15.5.2020
Pavel Durov. Source: A screenshot, Instagram/durov.
An investor in Telegram’s aborted Telegram Open Network (TON) blockchain platform says he believes the project’s mastermind is not yet ready to walk away from his failed initial coin offering (ICO) – and backed Telegram to return to the crypto...
Bithumb Delists Monero as Telegram Nth Room Rape Video Anger Festers
15.5.2020
South Korean crypto exchanges have said their final farewell to monero (XMR) after Bithumb, the last major trading platform still trading in the token, officially delisted it yesterday. The so-called privacy token has endured a torrid past few weeks in South Korea, after media outlets unearthed...
Coinbase Says That 60% of Its Bitcoin Buyers Go Into Altcoins
14.5.2020
Major cryptoasset exchange Coinbase claims that although most of its users initially favor bitcoin (BTC), the vast majority also go on to trade altcoins and other digital assets.
In a blog post, the platform claimed,
“Among customers with at least five purchases, 60% start with bitcoin but just...
Some Bitcoin Miners Flock to Bitcoin Cash And Bitcoin SV
13.5.2020
While it might take weeks until we have a clear picture of the Bitcoin network after its third halving, it looks like some of its miners have already turned to Bitcoin Cash (BCH) and Bitcoin SV (BSV).
BCH saw its hashrate almost doubling on the day of BTC's halving, on May 11. As reported, after...
Mysterious Stablecoin Rally Marked With Regional Differences
13.5.2020
Strong and unexplained worldwide growth in the use of stablecoins following crypto’s Black Thursday on March 12 is also marked with certain regional differences.
The combined market capitalization of all stablecoins has “almost doubled” since the market crash in March, despite an initially sharp...
Ethereum 2.0 Phase 0 is 'On track' With 0 Deadlines
13.5.2020
A recent mistake by Vitalik Buterin, co-founder of Ethereum (ETH), confirmed that Phase 0 of Ethereum's next version, Ethereum 2.0 (ETH 2.0) will not launch this July, but it might happen in Q3.
Buterin appeared at the CoinDesk’s Consensus: Distributed conference this Monday, where he replied...
BitPay Onboards Client With 1M Customers, ECB Focuses On Retail CBDC + More News
12.5.2020
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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Crypto adoption news
Major crypto payment processor BitPay announced the first large international furniture brand to go live...
Could Stablecoins Trash Cash in the Race to Deliver COVID-19 Payouts?
12.5.2020
With governments all over the world looking for ways to mitigate the financial damage of the coronavirus outbreak, many thinkers are openly asking if cash, already looking outdated before the pandemic, is the right tool for the job in a pre-vaccinated world.
In South Korea, both the private and...