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Market Outlook: Crypto Economy Sheds $10B Overnight, Exchange Inflow and Sell Pressure Rises

16.7.2020
The overall market capitalization of all 5,700+ cryptocurrencies in existence lost around $10 billion during the overnight trading sessions. Most crypto assets have lost 2-5% in value during the last 12 hours, and a number of speculators blame the recent Twitter hack. The price of bitcoin (BTC)...

Bitcoin Exchange Inflows Spike as Analyst Expects Pullback to $8.8K

16.7.2020
Traders return coins to exchanges as Bitcoin moves lower, with CryptoQuant expecting a “small” retracement below $9,000

Bithumb Exchange Owns More Assets Than its Customers

16.7.2020
Leading South Korean exchange Bithumb’s own holdings are higher than the sum total of its customer holdings, per a due diligence report. According to Sports Seoul, the report was part of a recent audit completed by Seoul-based auditor Jungin Accounting. The auditor found that the sum total of both...

Study: Exchanges Accepted $1.3 Billion in Bitcoin Stemming from ‘High-Risk Addresses’

16.7.2020
A recently published report from the research and analysis firm Peckshield indicates that during the last two quarters of 2020, cryptocurrency exchanges accepted 147,000 BTC ($1.3 billion) from high-risk addresses. During the last few years, blockchain research and surveillance firms have been...

Justin Sun Offers $1 Million Bounty in Exchange for Twitter Hackers

15.7.2020
Justin Sun has offered $1 million to the person who finds those responsible for the recent Twitter hacks

South Africa Proposes New Rules to Regulate Cryptocurrencies, Seeks Alignment With FATF Standards

15.7.2020
South Africa is proposing new rules around crypto-asset service providers (CASP) as it seeks to align regulations with standards of the Financial Action Task Force (FATF). The proposed rules are part of amendments to the Financial Intelligence Centre Act (FICA) that are up for public comment....

Gemini Crypto Exchange Integrates With Privacy-Focused Brave Browser

15.7.2020
Brave users can now use the Gemini cryptocurrency exchange to buy, sell and store crypto within their browsers

BitMEX Derivatives Exchange Operator Rebrands to ‘100x’

15.7.2020
BitMEX's parent company, HDR, has undergone a perhaps controversial rebranding to 100x

Paypal Developing Cryptocurrency Capabilities, Letter to European Commission Confirms

15.7.2020
Paypal has confirmed that it has been developing cryptocurrency capabilities in a letter the company sent to the European Commission regarding the EU framework for cryptocurrency markets. Recently, Paypal and Venmo were rumored to soon allow users to buy and sell cryptocurrencies directly....

HOPR Data Privacy Testnet to Launch Following Investment by Binance

15.7.2020
Binance-backed data privacy startup HOPR is preparing to launch its first public testnet on July 16

BitMEX's Parent Goes '100x,' Doubles Down On Exchange's Growth

15.7.2020
Arthur Hayes. Source: a video screenshot, Youtube, CfC st. Moritz HDR Global Trading, the operator of major crypto derivatives platform BitMEX, is creating a new holding company structure, branded 100x, "to pursue a broader vision to reshape the modern digital financial system,"...

‘How to Buy Bitcoin in India’: Crypto Exchange Offers Rewards for Videos in All Indian Languages

15.7.2020
Indian cryptocurrency exchange Wazirx is offering rewards for videos about how to buy bitcoin or other cryptocurrencies in India in all Indian languages, including Hindi, Tamil, Gujarati, Marathi, Kannada, Bengali, and Telugu. News.Bitcoin.com caught up with Wazirx CEO Nischal Shetty to find...

Toronto Options Exchange Picks BNC to Power Crypto Markets

15.7.2020
New Zealand-based crypto data firm Brave New Coin has partnered with a new Canadian options exchange to develop indexes for its forthcoming crypto markets

BitMex’s Parent Company Transforms Into ‘100x Group'

15.7.2020
BitMex’s parent company has undergone a corporate restructuring to allow it to make investments in the digital currency space

DeFi Will be an Integral Part of the Lives of Many, CEO of Crypto Exchange OKEx

14.7.2020
Hao believes that DeFi can bring financial services to “the people who are currently excluded or underserved by traditional finance.”

Texas Man Allegedly Used $1.1M in COVID-19 Relief Funds to Buy Crypto

14.7.2020
U.S. authorities have accused a man of securing COVID-19 relief funds to invest in cryptocurrency

Emerging Markets Drive Paxful First Half 2020 Bitcoin Volume to $1.1 Billion

14.7.2020
Peer-to-peer (P2P) crypto exchange Paxful reported Tuesday that its bitcoin trading volumes climbed 35% to $1.1 billion during the first six months of 2020 compared to $817 million a year ago. More than $182 million worth of bitcoin (BTC), on average, was traded on the platform every month between...