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AMD and ConsenSys' Blockchain Data Center Venture Gets $20M of Seed Funding
25.6.2020
AMD and ConsenSys’ W3bcloud joint venture obtained $20 million through the sale of convertible notes
USDC Ends Ethereum Exclusivity, Begins Algorand Partnership
25.6.2020
Source: Adobe/Sashkin (edited by Cryptonews)
The operator of stablecoin USD coin (USDC) is to end its exclusive relationship with the Ethereum blockchain network and will move to Algorand, with expansion onto other blockchain networks to follow.
USDC is run by Centre, a joint project that comprises...
Beam to Make Its First Move Towards Private DeFi With June 2020 Hard Fork
24.6.2020
Beam updates details on its June 28 hard fork, laying out foundations for the firm’s future DeFi offering
DeFi-Nitely A Bubble? Seller Blamed as COMP Crashes 45% on Coinbase
24.6.2020
A frenetic day of trading on Coinbase Pro saw unusual activity from what seems to be an early investor in Compound, which briefly hit $427
Coinbase Listing Effect May Be 'More Muted' than Believed - Report
24.6.2020
Despite often being referred to as one of the most sure-fire ways to pump the price of a cryptoasset, a listing on the popular fiat-to-crypto platform Coinbase may not be as lucrative for token holders as some have thought, a new study from crypto analytics firm Coin Metrics has found.
In...
South Korean Crypto Exchange Bithumb Hoping to Launch IPO
24.6.2020
The world of cryptocurrencies in South Korea could be set for a major shake-up with leading cryptocurrency exchange Bithumb hoping to launch an initial public offering (IPO).
Per Money Today, Bithumb has already selected Samsung Securities as its host and has “begun work” on the IPO preparation...
New Balancer Token More Than Doubles in Price as COMP Drops Sharply
24.6.2020
After an impressive rise – and subsequent fall – in price for Compound Finance’s COMP token over the past weekend, a new contender has already arrived to the DeFi land, making a splash on the first day after it started distributing its new token to users.
The new platform in question is Balancer,...
Chainlink (LINK) Near New All-Time High — Here’s 3 Reasons For the Rally
23.6.2020
Today’s Chainlink rally leaves the price just 3% away from setting a new all-time high, but can bulls maintain the current momentum?
South Korea Developing Solution that Hunts Down Dark Web Crypto Deals
23.6.2020
Source: Adobe/Антон Медведев
A South Korean government agency will develop software that will trace the movement of cryptocurrencies on the dark web. The move is a direct response to the Telegram Nth Room case, a rape and sexual exploitation video ring that has flummoxed police.
Per New Daily,...
Crypto Subreddit Mods Remove Post That Connects Kik to Child Porn
23.6.2020
Kik and Solana may be trying to keep damaging allegations hidden from the public
Is Ethereum (ETH) Price on Course to $300 as DeFi Coins Skyrocket?
23.6.2020
Ethereum’s Ether (ETH) is taking advantage of Bitcoin rallying early this week and looks to break a key resistance level on the road to $300
Ethereum Lacks Intraday Momentum Yet is the Most Preferred Altcoin
23.6.2020
Ethereum, the major altcoin by market cap after the king of cryptocurrencies—Bitcoin has been one of those altcoins that have gained enough impetus apart from the smart contract-based platforms and their native altcoins of the market. Ethereum’s qualitative reach has been all about its quantitative...
Ripple and SBI Looking to Roll out XRP Liquidity Solution ‘This Year’
23.6.2020
Ripple and its keenest Asian partner SBI are looking to push the token’s adoption on the continent – and new data shows that two East Asian nations are leading the way when it comes to interest in the XRP token.
Per Coin Post, SBI Ripple Asia, the two companies’ joint-venture project says that...
Crypto Listing and Delisting Announcements: Week 25
22.6.2020
Source: Adobe/MQ-Illustrations
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...
PlusToken Moves $67 Million to Unknown Wallet, Signalling a Potential EOS Dump
22.6.2020
We only need to look to recent history for what this transaction means
Price Analysis 6/22: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, CRO, ADA
22.6.2020
Bitcoin is flashing some bullish signals as volatility is expected to pick up over the next few days
Crypto Market Sentiment Drops Further, Ethereum Out of Positive Zone
22.6.2020
Crypto market sentiment score (sentscore) has taken yet another, this time much larger step away from the positive zone, dropping back into the 4-5 range. As crypto market sentiment analysis tool Omenics shows, the combined moving 7-day average sentscore for the top 10 coins dropped from 5.48...
Synthetix, Ontology Outperform Market on Quiet Weekend for Crypto
22.6.2020
After what has been a relatively quiet weekend in the crypto market, the two altcoins Synthetix (SNX) and Ontology (ONT) both stand out as two of the strongest performers over the past week, outperforming bitcoin (BTC) by a wide margin.
As of press time on Monday (10:32 UTC), SNX was one of the...
Italian Banking Association Gives Digital Euro the Green Light
22.6.2020
The Executive Committee of the Italian Banking Association (ABI) has approved ten criteria for a Central Bank Digital Currency (CBDC), bringing Italy a step closer to agreeing in principle to the possible launch of digital euro.
Associazione Bancaria Italiana is the trade association of Italian...
Price Analysis 6/19: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, ADA, CRO
19.6.2020
Most major cryptocurrencies are stuck in a range suggesting a balance between supply and demand