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Defcon Speaker Discusses Liberating $300K Worth of Bitcoin From an Encrypted File
12.8.2020
This year due to the coronavirus outbreak the world-famous hackers’ convention Defcon held it’s 28th annual event with virtual presentations in “safe mode.” One of the presentations was from an executive from Pyrofex, Michael Stay, who discussed how he broke into...
Passive Income via Digital Wealth: A Deep Dive Into Crypto Earning, Staking, Interest Bearing Accounts
12.8.2020
During the last two years investment vehicles that allow crypto asset holders to gather yields have grown exponentially and anyone can make passive income with a number of avenues. Staking validators, decentralized finance (defi) lending services, and interest rate earning accounts provide digital...
Inflation-riddled Argentina Starts Teaching How to Buy Bitcoin, Ethereum
12.8.2020
If you are lost in the world of crypto, or are a newbie looking to make your first bitcoin (BTC) trade, have no fear – the Argentinian government is ready to take your through your first steps into the Cryptoverse while the inflation rate in the country is still one of the highest in...
Billion Dollar Public Company Microstrategy Moves $250 Million Into BTC, Says Bitcoin ‘Superior to Cash’
11.8.2020
Nasdaq-listed company Microstrategy Inc. is bullish on bitcoin, saying that it is a “dependable store of value” that is “superior to cash.” The billion-dollar company has purchased $250 million in bitcoin, adopting the cryptocurrency as its primary treasury reserve. Public...
Bitcoin Drops Today While Market Optimistic About the ‘Main Bull Phase’
11.8.2020
The most popular cryptocurrency bitcoin (BTC) corrected lower today despite positive news and generally optimistic sentiment in the market.
At pixel time (17:25 UTC), BTC trades at USD 11,412, after reaching USD 11,930 earlier today. The price is down by 4% in a day, trimming its weekly gains...
Bitcoin News Roundup for Aug. 11, 2020
11.8.2020
With bitcoin increasingly acting like gold and one company betting a quarter of a billion dollars on BTC, CoinDesk's Markets Daily is back for your news roundup!
Peru, India, Indonesia, Nigeria Among Countries With Highest Crypto Usage Increase
11.8.2020
Peru, India, Indonesia, and Nigeria are among the countries with the biggest increase in crypto wallet creation based on data from Blockchain.com, which has over 52 million wallets created by users worldwide. Nigeria has been the most trending country in recent months, with a 60% increase since...
Bitcoin Just Got USD 250m Endorsement From Major US Company
11.8.2020
Source: Adobe/Prostock-studio
US-based major business intelligence company MicroStrategy said it has purchased BTC 21,454 at an aggregate price of USD 250m, inclusive of fees and expenses.
“Our investment in Bitcoin is part of our new capital allocation strategy, which seeks to maximize long-term...
These Two Institutional Investors Allocated At Least 1% To Bitcoin
11.8.2020
Among the 20 recently announced institutional investors that invested in the Grayscale Bitcoin Trust (GBTC)'s shares, only two allocated more than 1% of their assets under management (AUM) to these shares in order to gain exposure to the price movement of bitcoin (BTC), according to calculations...
Paytm Freezes Indian Bank Accounts Suspected of Cryptocurrency Trading: Report
11.8.2020
India’s largest mobile commerce platform Paytm has reportedly been freezing the bank accounts of users suspected of crypto trading, even though cryptocurrency, including bitcoin, is legal in India. The country still does not have a legal framework for cryptocurrencies but the government says...
Russian Agents Claim They Can 'Partially' De-Mask Bitcoin, Ethereum Users – Report
11.8.2020
A branch of the Russian intelligence service reportedly claims it has developed a way to track crypto transactions – and claims it can “partially” de-anonymize transactions made using bitcoin (BTC), ethereum (ETH), omni (OMNI), and dash (DASH), as well as the most popular privacy coin monero...
Chainlink Competitor Band Token Grows 300% in 7 Days Setting New ATH
11.8.2020
BAND, the native token of the Band Protocol, has grown by more 300% in just seven days. At the at time of writing, the token traded at $14.50 against the August 3 trading price of $3.86. On August 10, the token also touched a new high of $17.78 while the 24 hours traded volumes were […]
The...
Bitcoin Mining Difficulty Climbs Again, Miners Selling More BTC
11.8.2020
Bitcoin (BTC) mining difficulty is getting closer to the 17 T zone, as it went up again - meaning, Bitcoin miners' job just got slightly more difficult, while they're spending more of their coins.
Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, went up...
Bitcoin Transaction Fees Soar 550% in a Month, BCH, Dash Transactions Much Cheaper
11.8.2020
The cost of sending a transaction over the Bitcoin network rose sharply over the past month, as the price of the top cryptocurrency climbed higher. According to latest data from Bitinfocharts, the average bitcoin (BTC) transaction fee soared by as much as 547% in the month to August 6, rising from...
PSF Token Invokes the First Coin-Age Staking Protocol on Bitcoin Cash
11.8.2020
During the last six months, the Simple Ledger Protocol has grown immensely and there’s been 9,604 SLP tokens created since the infrastructure launched. Just recently news.Bitcoin.com reported on mistcoin, the mineable SLP token that can be mined with a CPU. Now software developer Chris...
Federal Reserve’s Expected Inflation Ramp-Up Drives Institutional Investors to Hedge With Bitcoin
10.8.2020
The U.S. Federal Reserve is expected to ramp up inflation by keeping interest rates low. As the U.S. dollar falls sharply and gold’s price soars, institutional investors are moving their money into alternative investments, including bitcoin. Fed Policies Drive Demand for Bitcoin The Federal...
Bitcoin News Roundup for Aug. 10, 2020
10.8.2020
With the price of bitcoin knocking on $12K, CoinDesk's Markets Daily is back with another time-saving news roundup
New Grayscale Ad: The History of Money in 30s & 'Digital Currencies'
10.8.2020
A snapshot of the new commercial.
Today, US-based major crypto asset management firm Grayscale launched its new national ad campaign in the US that aims to bring new crypto users by telling them the history of money in 30 seconds.
"The commercial is not your average financial services ad —...
Market Outlook: BTC Trend Targets $15K, Bitcoin Bull Raoul Pal ‘Irresponsibly Long’
10.8.2020
Cryptocurrency markets have been fluctuating quite a bit lately, as bitcoin and a number of crypto assets have been testing new resistance levels. The market valuation of the entire crypto-economy is hovering around $360 billion as a decent portion of the top twenty digital assets have gained 1-15%...
Defi’s Rise Is Inevitable, and Fusion Is Driving This Evolution of Conventional Finance
10.8.2020
Four billion dollars This is the total amount of funds locked in “Defi”, growing from just one billion USD in 6 weeks. “Defi” has had a tortuous path ever since its inception, but now the concept of “Defi” is gaining more attention. So, what exactly...