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Al Weiss Appointed Chairman (Non-Executive) of Playfuel
22.7.2020
Weiss’ significant technology and entertainment industry experience includes his current role as General Partner and Chairman of Global Blockchain Ventures and as former President, Worldwide Operations, Disney Parks and Resorts. Dubai, UAE, July 22, 2020, PlayFuel, the company bringing...
Bitcoin and Altcoins Consolidate Gains
22.7.2020
Bitcoin price gained bullish momentum after it broke the USD 9,300 resistance. BTC even surpassed the USD 9,400 level before starting a downside correction. The price is currently (08:30 UTC) consolidating near USD 9,300 and it might start a fresh increase.
Similarly, most major altcoins remained...
S Korea To Discriminate Crypto Traders Against Stock Traders With A New Tax
22.7.2020
The South Korean government has unveiled its crypto tax proposals – with traders who earn over USD 2,100 a year set to pay 20% tax on their earnings.
This limit is considerably lower for stock market traders, who do not need to pay tax on earnings (also 20%) of up to USD 42,000 from investments...
Here’s How to Check If a Bitcoin Address Is a Scam
22.7.2020
With the rapid rise in the number of bitcoin scams, there are easy ways to check if a bitcoin address has been reported as being used by scammers, such as in fake bitcoin giveaways. You can also easily report any bitcoin address associated with a scam. Check the ‘Bitcoin Abuse’ Database...
Third Anniversary of Bitcoin Cash Highlights a Myriad of Network Improvements
22.7.2020
In twelve days the Bitcoin Cash community will celebrate the third anniversary of the 2017 fork that happened on August 1. Since then, a number of changes have happened during the last three years and the following editorial will discuss the significant differences between both chains. The Bitcoin...
South African Exchange Valr Raises $3.4 Million in a Series A Funding Round
22.7.2020
A South Africa based cryptocurrency exchange, Valr has just raised $3.4 million in a Series A funding round led by 100x Group, the parent company to Bitmex. The funding round, in which 4Di Capital also participated, however, does not change Valr’s controlling shareholder structure. In...
Putin’s Biggest Critic Received 648 Bitcoins from Donors Since 2016
21.7.2020
Source: a screenshot, Instagram/navalny
Russian “anti-corruption” political activist Alexei Navalny’s support organization has amassed USD 3.3 m worth of bitcoin (BTC) in donations, per a new report.
Navalny is known as one of President Vladimir Putin’s most vociferous critics and his Shtab Navalny...
New Satoshi Stash Estimate Claims Creator Mined $10.5B Worth of Bitcoin
21.7.2020
On Monday, the blockchain trackers and researchers from Whale Alert published a new research report about the infamous fortune allegedly owned by Satoshi Nakamoto. Researchers estimate that Bitcoin’s creator possibly mined coins up to block 54,316, capturing 1,125,150 BTC or $10.5 billion...
BOSAGORA(BOA) Won UN Solidarity Awards
21.7.2020
Public Blockchain Platform ‘BOSAGORA’ has received ‘the UN Solidarity Awards’ last 16th. The UN received stories of various actors contributing to individual/society to overcome COVID 19 last May. Among thousands of entries were gathered from all around the world and the...
Bitcoin News Roundup for July 21, 2020
21.7.2020
With the price of BTC catching a bid in early trading, CoinDesk's Markets Daily is back with another bitcoin news roundup
Grayscale Investments’ Bitcoin Cash Trust Approved for Public Trading
21.7.2020
Grayscale Investments’ Bitcoin Cash Trust and Litecoin Trust have been approved by the U.S. Financial Industry Regulatory Authority (FINRA) for public quotations. The two add to Grayscale’s four existing publicly traded investment products: Bitcoin Trust, Ethereum Trust, Ethereum...
Wirecard Exec Reportedly Used Bitcoin to Move Funds to Russia
21.7.2020
Russian media reported that Marsalek is hiding in Russia with funds that he was able to transfer there with Bitcoin
Y Curve Interest Rates Reach 2,000%, Assets Under Management Grows Tenfold After Token Launch
21.7.2020
Depositors to the Y Curve decentralized finance (defi) pool received as much as 2,000% in interest this Saturday and about 600% (annualized) for the entire day. Before this increase, liquidity providers had been earning an aggregate rate of 10.58%. The latest interest rate growth follows Yearn...
Vegasbetting.com Study Found US Sports Betting Market Is Leading the Way
21.7.2020
Ten out of ten major US sportsbooks accept Bitcoin deposits while only one in ten sportsbooks with a global footprint process Bitcoin payments. VegasBetting.com study found that the US sports betting market is leading the way when it comes to accepting bitcoin as a payment method. The study looked...
Satoshi Nakamoto Mined More Than 1 Million Bitcoin - Report
21.7.2020
Bitcoin’s (BTC) pseudonymous creator Satoshi Nakamoto may have mined more than 1 million bitcoin in the early days of the cryptocurrency, according to analysts at crypto transaction tracker Whale Alert.
The early Bitcoin miner known as Patoshi mined BT 1,125,150 during BTC’s infancy, when Patoshi...
Bitcoin Climbs Above USD 9,300, Altcoins Gaining Bullish Momentum
21.7.2020
Bitcoin price remained well bid above the USD 9,050 and USD 9,000. BTC formed a strong support base above USD 9,000 and it recently started a steady rise. It broke the USD 9,200 pivot level and it is currently (08:30 UTC) trading above the main USD 9,300 resistance zone.
Similarly, most major...
Telecom Argentina S.A Hit by Major Ransomware Attack, Criminals Demand $7.5M Worth of Monero
21.7.2020
Telecom Argentina S.A has been hit by a ransomware attack and the cyber-criminals are demanding $7.5 million paid in the privacy coin monero. The Spanish language site, elperiodista.com quotes anonymous employees stating that the attack started last Wednesday. Initially thought to be a small...
BitMEX-affiliated Firm Leads USD 3.4m Investment in S African Exchange
21.7.2020
The investment arm of a new company operated by the creators of derivatives platform BitMEX, has spearheaded a USD 3.4-million cash injection in VALR, one of Africa’s biggest crypto exchanges.
Per a press release shared with Cryptonews.com, the Series A equity round of funding in the VALR exchange...
Amir Taaki Knocks Bitcoin Coinjoin Schemes – Calls Methods ‘Absolute Garbage’
21.7.2020
On July 17, the well known Dark Wallet creator and early Bitcoin developer, Amir Taaki, criticized bitcoin privacy methods on Twitter. Taaki claimed that UTXO mixing concepts like Coinjoin were “absolute garbage.” Taaki also knocked other concepts like Mimblewimble and privacy-centric...
Russia Shelves Plans to Criminalize Bitcoin Transactions – For Now
21.7.2020
Russia has dropped plans to criminalize bitcoin transactions – for now, according to local media reports. The Digital Financial Assets Bill (DFA), due to be read for the second time in the Russian parliament – or State Duma – on July 21, has removed references to administrative...