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Blockchain Bites: Crypto’s Bailout Millions, Brazil’s Binance Ban, Lightning’s Bug
7.7.2020
Crypto firms received at least $30 million in government-backed loans, Brazil bans Binance's derivatives trading and Mercedes Benz' parent tests blockchain
Careful! There’s a Justin Sun Look-a-Like Trying to Launch a Fake Tron Privacy Coin
7.7.2020
Someone impersonating Tron CEO Justin Sun recently tried luring investors into buying a fake Tron privacy asset as part of a token sale offering
Tiktok Ban: US May Join India in Banning Chinese Social Media Apps
7.7.2020
The Trump administration is looking at banning Tiktok and other Chinese social media apps, according to Secretary of State Mike Pompeo. The US has been concerned about Tiktok being used by the Chinese government to mine American users’ data. India has already banned Tiktok in its country...
Bitcoin News Roundup for July 7, 2020
7.7.2020
With BTC beating precious metals, Ethereum rising and a new report out on a lightning network vulnerability, CoinDesk's Markets Daily is back for your Bitcoin news roundup!
8 Ethereum Miners Wield ‘Overwhelming Influence’ Over the Network
7.7.2020
The Ethereum (ETH) network is dominated by just over 50 powerful mining pools – with an inner cabal of eight maintaining the lion’s share of the blockchain, according to the findings of a new report.
The ConsenSys-produced “The Ethereum Proof of Work” report concluded that as recently as Q2...
FATF Plans to Strengthen Global Supervisory Framework for Crypto Exchanges
7.7.2020
The international financial watchdog will meet in October to discuss creating a stronger global framework for the regulation of cryptocurrencies
Binance Expands Reach With New Gateway for 15 Fiat Currencies
7.7.2020
Binance users can keep their fiat funds with new partner Etana while buying and selling crypto assets on the exchange
Crypto Tracer Chainalysis Raises $13M as It ‘Doubles Down’ on Government Ties
7.7.2020
Chainalysis is also adding former Treasury Department official Sigal Mandelker on as an advisor
Bad & Good News For Binance, Unstoppable Chat + More News
7.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Binance has been told to cease offering crypto derivatives trading in Brazil. Per an official release, the nation’s Securities...
Chainlink Price Hits A New All-Time High — Will Tezos (XTZ) Follow?
7.7.2020
Tezos price looks ripe to follow in Chainlink’s footsteps for a massive rally and even new all-time highs given the correlation of these two cryptocurrencies
Bitcoin.com Wallet Launches New Portfolio Breakdown and Stablecoin Swap Features
7.7.2020
With over 11 Million Bitcoin.com Wallets created, we’re building new features our users need most in order to enjoy the best possible cryptocurrency experience. Our wallet’s latest features now provide seamless swaps between bitcoin (BTC), bitcoin cash (BCH), and the stablecoin...
Trump’s Former Sanctions Chief Joins Major Crypto Firm Chainalysis
7.7.2020
U.S. Treasury’s former key undersecretary, Sigal Mandelker, has joined the board of advisors of major crypto analytics firm, Chainalysis
Liquidity Mining is 'Like Uber' Giving Shares to Early Drivers & Riders
7.7.2020
DeFi's latest hit is yield farming with millions of dollars worth of tokens distributed each month. It's boosted by liquidity mining, which today is like Uber giving shares to early drivers and riders, argued a researcher.
DeFi (decentralized finance) commonly refers to the protocols, digital...
The Three Most Controversial Bitcoin Price Models and What They Predict
7.7.2020
Many are highly critical of the three highly popular models used widely by Bitcoin analysts — stock-to-flow, Hyperwaves, and Elliott Waves
The Breakdown: Why U.S.’ $2 Trillion Stimulus, Unlimited QE Will Expose Monetary System’s Flaws
7.7.2020
The U.S. government approved a $2 trillion stimulus package after the Federal Reserve pledged “unlimited” quantitative easing to stabilize the economy. CoinDesk’s chief content officer Michael Casey and head of research Noelle Acheson discuss how the ripple effects will expose flaws in global...
Monaco Passes New Security Token Laws, but Acting on Them Is Not Easy
7.7.2020
The government of Monaco has passed a new bill introducing the establishment of a security token framework
Ethereum Pulls Away from Competition in Dapp Dominance Race
7.7.2020
The Ethereum (ETH) network almost doubled its number of active dapp users in the second quarter of 2020, increasing by 97% to close to 1.259 million users and logging a new all-time-high, per a new report from Dapp.com.
The Dapp.com data shows that from April to June this year, the roughly...
Dogecoin Soars As TikTokers Attempt To Pump It
7.7.2020
Source: a screenshot, TikTok
Dogecoin (DOGE), the cryptocurrency that was created partly as a joke in 2013, is soaring in the market today after what seems to be push by some content creators on the video sharing app TikTok for their followers to buy it.
The #dogecoin tag has now 2.4 million...
As Chat Privacy Under Threat in US, Firm Develops ‘100% User-Controlled’ Messaging
7.7.2020
Unstoppable Domains is working to give users full control over their chat data with a new decentralized protocol
Unstoppable Domains Launches Decentralized Chat Protocol
7.7.2020
Unstoppable Domains’ new chat protocol enables users to store data on their own servers through crypto wallets and P2P network integration