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At Least BTC 1.5 Million Might be Lost + More Crypto News


Source: iStock/Albert_Karimov 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. Bitcoin news At least BTC 1.5 million (USD 12 billion), or c. 8% of the current Bitcoin's supply...

Chinese Authorities Scrutinize and Report on Crypto Exchanges


According to a notice issued on weibo.com, and later confirmed as authentic by business publication Caixin, authorities in Shanghai appear to have dispatched officials for conducting reviews of area businesses engaged in cryptocurrency dealings, and are set to report back to financial regulators...

Multi-collateral Dai is Live, Drawing Praise, Criticism and Confusion


A multi-collateral stablecoin Dai is officially live and is assigned the name Dai. The single-collateral stablecoin Dai (DAI), now has been renamed to Sai. Following Friday’s executive vote by Maker (MKR) stakeholders, the MakerDAO system has seen the activation of Multi-Collateral Dai (MCD),...

Grin Price Crashes on 'Inaccurate' 'Broken Mimblewimble' News


Source: iStock/Ja_inter Privacy focused cryptocurrency Grin (GRIN) plummeted in the last 24 hours after a report started making rounds online of an attack on the privacy protocol Mimblewimble. As a reminder, while Beam (BEAM) is the first implementation of Mimblewimble, it was followed by...

Bitcoin and Altcoins Downside Thrust Underway


Yesterday, we discussed the possibility of a downside extension in bitcoin towards the USD 8,250 and USD 8,050 support levels. BTC/USD did decline recently and broke the USD 8,250 support area. The price is now (09:00 UTC) struggling to stay above the USD 8,050 and USD 8,000 support levels....

RBC Says It Has No 'Near-term Plans' to Launch Crypto Exchange


Source: iStock/t_kimura The Royal Bank of Canada (RBC), the Canada-headquartered major global bank, has responded to reports that claimed it is on the verge of launching a Bitcoin and altcoin trading platform – saying it has no “near-term plans to launch a cryptocurrency exchange...

Indian Supreme Court Wraps up Crypto Hearing for the Year


The Supreme Court of India called on for hearing on Monday the writ petitions challenging the banking restriction by the Reserve Bank of India (RBI). After hearing from the RBI’s counsel, the court wrapped up the case for the year. Its decision follows Lok Sabha, the lower house of the Indian...

Is Blockchain the ‘Secret Weapon’ Driving the Yahoo Japan-Line Merger?


Source: iStock/AF-studio Industry insiders in South Korea and Japan are talking up the potential blockchain “synergy” that may materialize from the proposed Line and Yahoo Japan merger – after the tech giants’ operators agreed on a deal in principle. Yahoo Japan operator SoftBank has released...

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