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Telegram's Battle To End by April 30, Judge Focuses on 'Economic Realities'


The ongoing battle between instant messaging giant Telegram and the U.S. Securities and Exchange Commission (SEC) may just come to its end by the end of April. Meanwhile, the judge stressed the importance of focusing "on economic realities, not on labels." The two giants met yesterday at a hearing...

Bitcoin and Altcoins Bears Are Back In Driver’s Seat


After yesterday’s strong increase, bitcoin price failed to continue above the USD 10,200 and USD 10,250 resistance levels. Later, BTC/USD declined sharply below USD 10,000 and USD 9,850. The price is now (09:00 UTC) back in a bearish zone and consolidating near the USD 9,550 support. Similarly...

Another ICO Set to Close and Refund Investors, Blames Regulatory Fog


Another South Korean cryptocurrency business has announced that it is set to close, citing regulatory uncertainty. Content Protocol Token, a crypto startup and content exchange protocol built on the Watcha platform (South Korea’s answer to Netflix), has stated that they will close the doors...

50m-User Chat App Kakao Delays Its Crypto Wallet + More News


A screenshot of the KakaoTalk chat app. 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. Adoption news The Kakao Group’s KakaoTalk chat app-linked crypto wallet Klip will debut...

Altcoins & Co Watch Closely As Telegram and SEC Cross Swords In Court Today


Instant messaging giant Telegram and the U.S. Securities and Exchange Commission (SEC) are meeting today, February 19, in front of a New York federal judge in a case that may impact the future of many cryptoassets. As reported, Telegram seeks that its digital token (Gram) sale should be allowed...

Ripple is Like Amazon In Its Early Days, Says Brad Garlinghouse


Jeff Bezos, Founder of Amazon in 1999, or five years after the company was founded. Ripple was founded eight years ago, in 2012. Image: a video screenshot, Youtube, CNBC Ripple CEO Brad Garlinghouse says his company wants people to think of it as a blockchain infrastructure builder – adding that...

IOTA Closed for 6th Day, MIOTA up 4% on Remediation Plan


The IOTA (MIOTA) mainnet is closed for the sixth day now, while MIOTA is up almost 4% on the shared remediation plan. As reported, IOTA first advised people to keep their Trinity wallets closed on February 17, while they investigate the reports of stolen funds, even turning off the Coordinator,...

South Korean Banks ‘Sitting on Crypto Plans in Regulatory Limbo’


South Korean financial institutions have formulated crypto business plans – but cannot go public with them due to a lack of regulatory clarity, claim bankers in the country. News outlet Hangook Ilbo quotes an unnamed “senior official” at a South Korean bank as stating, “Banks in South Korea cannot...

DeFi Loses USD 140M in a Few Hours as bZx Suffers Another Exploit


Assets locked in DeFi (decentralized finance) have dropped more than USD 142 million in a few hours as DeFi platform bZx suffered yet another attack. Just four days ago, somebody exploited a vulnerability in tokenized margin trading and lending platform bZx, and now the reports are coming out that...

Crypto Listing and Delisting Announcements: Week 7


Source: iStock/~UserGI15632523 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...

Crypto Market Sentiment is the Highest It's Been In a Year


Despite a recent sell-off, today we find the crypto market sentiment with a score it hasn't seen in at least a year. The combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins is 6.23 - the highest score we've written down since starting this series a year ago....

Ledger, Binance fell "Victims" of Bull Run


A recent bull run in the crypto market left some industry players struggling to deal with the increased demand for their services. A major hardware wallet producer warned that their clients will need to wait longer for help, while a crypto trading giant is also experiencing "performance...

BitMEX CEO’s Jokes About XRP End With a Flash Crash and a Wall of Silence


Arthur Hayes. Source: a video screenshot, Youtube, CfC st. Moritz The normally outspoken CEO of major crypto derivatives exchange BitMEX, Arthur Hayes, has gone quiet after a short-lived crash occurred in the exchange’s XRP derivatives market, which may have led to large losses for some traders...

Hacked IOTA on 'Pause' During its Investigation; MIOTA Down 2%


Things took a downturn for IOTA (MIOTA), as the network has been "paused," while its team is focusing on the developing situation of the hacked Trinity wallet. IOTA seems to be going through an escalation of events. When this incident was first reported on, on February 12, IOTA advised people...

XRP Surges After Ripple Signs Deal with Large Egyptian Bank


XRP, the token associated with the U.S.-based fintech firm Ripple, today soared to its highest level in U.S. dollar terms since July 2019 after the company announced yet another partnership, this time with the National Bank of Egypt, known as the largest state-owned bank in the country. As...

Here’s What Crypto-Related Lawsuits Can Teach Us


There’s a number of different ways one can get in trouble offering, selling or promoting unregistered and non-exempt tokens or coins, says Barrington Dyer, tech attorney and shareholder at Polsinelly law firm. But the past litigations can teach us a lesson on the blockchain law in the U.S. When...

USD Coin Issuer Circle Sells Another Business + More News


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. M&A news Voyager Digital Canada, the operator of U.S. digital asset broker Voyager and the Ethos Universal Wallet, said it...

Ethereum Grows on Gaming Dapps, Tron - on Gambling, EOS - Going Downhill


Looking into the dapp (decentralized app) ecosystem, things are looking good for Ethereum (ETH) and Tron (TRX), but EOS doesn't seem to have the same fortune. "While [Ethereum and Tron] are increasing in 2020 January in comparison to 2019 January, EOS is facing a decrease in daily active users...

Ethereum and Tezos Surge Most in Top 10 as Altcoins Rally


Both ethereum (ETH) and tezos (XTZ) surged overnight to post double-digit 24-hour gains, positioning them as two the best-performing cryptoassets among the top 10 coins both over the past 24-hours and for the week. As of pixel time (10:00 UTC), ETH is up by over 14% over the past 24 hours to...

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