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Hacker Steals XRP 9.3m and ADA 2.5m from Crypto Exchange Bitrue
27.6.2019
Source: iStock/D-Keine
At approximately 1:00am June 27 (GMT+8), a hacker accessed the personal funds of about 90 Bitrue users and stole XRP 9.3 million (USD 4 million) and ADA 2.5 million (USD 227,900), the Singaporean crypto exchange said.
"First of all, please let us assure you that this...
Crypto ATM Operator Adds Dai, Targets USD 690bn Remittance Market
27.6.2019
American crypto ATM operator Coinsource has announced that it will begin allowing customers to make Dai purchases from its machines as of this summer – ahead of a planned remittance service launch.
Per Reuters, Coinsource says it is set to “update all of its machines to allow customers to...
Token Offerings Lag Behind 2018 Results, IEOs Accelerated
26.6.2019
During 250 token offerings in the first five months of 2019, or almost half a year, startups managed to raise only 17% of the total capital raised in 2018, a new report from PwC Strategy& and the Crypto Valley Association showed.
Moreover, 35% of the raised funds (USD 3.26 billion in total) belong...
Altcoins Crashing Against Bitcoin
26.6.2019
The market is not looking good for altcoins, including major tokens like ether (ETH), litecoin (LTC), XRP, and bitcoin cash (BCH). That’s the reality when measuring the returns of these coins in terms of bitcoin.
Out of the top 100 coins by market capitalization, only seven are in green in the past...
While Libra Partners in Doubt, Newcomers ‘Flooding’ the Project
26.6.2019
While Facebook's Libra project claims there is “a flood” of interest in it, at least several of its partners appear to be more cautious.
The new coin, which has made headlines ever since it was announced last week, is touting the strong line-up of 28 founding members who have signed up to work...
Bitcoin Targets USD 13,000, Altcoins May Gain Bullish Momentum
26.6.2019
In the past two sessions, there was a strong rise in bitcoin price above the USD 12,000 resistance level. BTC/USD gained more than 10% and even surpassed the USD 12,500 and USD 12,800 levels. It traded to a new 19-month high near USD 13,000, with a positive bias. Similarly, there was a strong...
This Struggling Giant Sector Might Fuel Global Tokenization
25.6.2019
As more companies are exploring tokenization opportunities, another giant sector might jump on this trend.
A new report, dubbed Rise of Digital Finance: Tokenising mining & metals assets, from global law firm White & Case LLP makes the case that the trend of tokenization of traditional assets...
Crypto Listing & Delisting Announcements: Week 25
24.6.2019
Below is our weekly collection of digital asset listing and delisting announcements by cryptocurrency exchanges that we found last week.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
Hyped Algorand Token Dives After Listing
24.6.2019
ALGO, the native token of Algorand, a developer of a decentralized digital currency and transactions platform, that was recently listed following its public sale last week, has seen its price crashing in the market following an initial hype.
Despite a seemingly strong team and promising specs...
Crypto Market Sentiment: Bitcoin is the Only One in the Positive Zone
24.6.2019
This week, the crypto market sentiment measure, Sentscore has risen slightly for a second week in a row, now being at 5.32, compared to last Monday’s 5.29, according to Omenics , a crypto market sentiment analysis service. It remains to be seen if the steady rise is a part of a longer trend.
While...
Fearless Ripple CEO Keeps Belittling Major Competitors
21.6.2019
Brad Garlinghouse. Source: a video screenshot, Youtube, Bloomberg
As potential new major competitors pop-up one after another and the old ones are overhauling their businesses, Ripple, a California-based blockchain startup focusing on the banking sector, tries not to show that the newcomers might...
Bitcoin, ETH, BNB Surging; Other Altcoins Struggling To Catch Up
21.6.2019
In the past two sessions, there were strong gains noted in bitcoin price above the key USD 9,400 and USD 9,500 resistance levels. BTC/USD rallied above USD 9,600 and it even broke the USD 9,800 level. The next stop for the bulls seem to be USD 10,000 in the short term. Similarly, there were strong...
Activation of ETC’s Hard Fork Coming in September
21.6.2019
The Atlantis hard fork, a major upgrade to the Ethereum Classic (ETC) blockchain will be activated in September, the developers have agreed during a public call yesterday.
This will be Ethereum Classic’s first hard fork in over a year, and it comes after disagreements over how and when it should...
Bank of Japan Boss Keen to Follow Facebook's Libra Progress
21.6.2019
Haruhiko Kuroda. Source: a video screenshot, Youtube, Bloomberg
With regulators and financial chiefs around the world lining up to express their concerns and doubts over Facebook’s forthcoming Libra cryptocurrency, it looks like one of Japan’s biggest financial players would rather look on...
This is Why These Two Crypto Companies Joined Libra Association
20.6.2019
Source: Libra, Cryptonews.com
Many discussions have been led about Facebook’s recent announcement of Libra coin planned for launch in 2020, from the regulatory issues to the praises and criticism directed towards it from the crypto community.
One element that needs more attention seems to be...
Bitcoin and Altcoins Struggle at Key Resistance Levels
20.6.2019
Yesterday, we discussed the chances of a fresh increase in bitcoin price above USD 9,200. BTC/USD did climb higher above USD 9,200 and USD 9,300. The price even traded close to the USD 9,400 resistance, where sellers appeared. The price is currently (08:10 UTC) correcting lower, but it is likely...
Facebook’s Libra Facing a World of Regulatory Hurdles
20.6.2019
Facebook and its 27 partners are already running into a number of regulatory headaches from all corners of the globe following the unveiling of its Libra whitepaper earlier this week.
As previously reported, within hours of the social network’s Libra announcement, members of an American House...
Privacy Coins Are Among Best Performers This Week
19.6.2019
Source: iStock/Gregory_DUBUS
Cryptocurrencies that focus on the privacy of their users are among the best performers in the past week, with some of them doubling in value.
What do the numbers show?
The one that seems to be performing the best in the past seven days is Beam, which has been...
EOS Developer Paid USD 30 million for Voice.com
19.6.2019
Block.one, the company behind the EOS blockchain platform, paid USD 30 million in cash for the Voice.com domain, used by their new social media platform.
The news was confirmed by MicroStrategy, a provider of enterprise analytics and mobility software, who sold the domain to Block.one....
Cryptoverse Reached Level 9000 in Trolling Facebook and Libra
19.6.2019
Well, when the cryptoverse plays, it plays hard and directly to the point. This time, a supposedly Hong Kong-based developer targeted the governance structure of the Libra coin project, yesterday announced by Facebook and another 27 organizations.
In the recent update 83, “CRITICAL security vuln...