The Latest News about Cryptocurrency
Find the latest, and the most interesting, cryptocurrency news collected from around the net.
Value DeFi protocol hacker flooded with sob stories after returning $95K Dai
On Nov. 14, an unknown party exploited flash loans via the decentralized finance protocol Value DeFi to the tune of $5.4 million.
IBM targets sustainable fashion with latest blockchain partnership
IBM has emerged as one of the largest blockchain consulting firms in the world.
Some loans on Maker are never liquidated, prompting debt auction overhaul
The Maker community is looking for solutions after an analysis by B.Protocol suggested that it is possible to exploit the liquidation system to create under-collateralized debt.
The next big crypto market could be fantasy sports, says Messari
As "Digitally native" ecosystems like esports continue to synergize with blockchain technology, industries like fantasy sports could be primed for mass adoption, says digital research firm Messari.
Bitcoin hits new 2020 high at $16.7K -Traders expect bigger breakout
The price of Bitcoin hit a new yearly high at $16,717 on Binance.
COVID-19 popularized decentralization, but blockchain may not catch on
On Nov. 9, drugmaker Pfizer announced that its COVID-19 vaccine is 90-plus percent effective, and even though it may be premature to proclaim the pandemic's end - as the virus continues to rage in the United States and Europe - once can at least speculate: Where will blockchain adoption stand when the crisis abates?
Another mainstream company is seeking approval to invest in crypto
Anthony Scaramucci's investment firm, SkyBridge, seeks approval from the SEC to invest in crypto.
Bitcoin price must break this level to extend 6-week winning streak
Bitcoin's price has been showing significant strength as Bitcoin's price rallied by more than 60% in a matter of six weeks, surging from $10,000 to $16,500 and leaving many investors behind.
Intercom co-founder jumps onto the "Bitcoin wagon," encourages others
Eoghan McCabe, the co-founder of the software conglomerate Intercom, said he jumped onto the Bitcoin wagon.
Dash claims 'inaccurate categorization' as ShapeShift delists privacy coins
While the ban may sound extreme, regulators have recently honed in on the use of privacy coins like Monero, Zcash and Dash.
$1T market cap is 'next big resistance' for Bitcoin
Bitcoin hitting its all-time highs of $20,000 again is not the end, but the start of its explosion to a $1 trillion asset, a senior Bloomberg analyst says.
Jay Clayton will step down as US SEC chair by year's end
The chairman of the Securities and Exchange Commission is set to move on after three-and-a-half years in the role.
$3 billion blockchain bond sale delayed 'until further notice'
It is not currently clear when or if China Construction bank's debt issuance sale will be rescheduled.
Bitcoin chose decentralization and immutability over payments, says Fidelity
"Bitcoin has failed as means of payment" is one of the prevalent criticisms of Bitcoin that Fidelity Digital Assets is seeking to rebut.
Why a Citibank analyst is calling a $318k target for Bitcoin
Following the playbook created by Bitcoin and cryptocurrency believers in the past few years: Deny all ties to the asset class at first, try to disallow clients from banking crypto profits to their accounts then, and wholeheartedly embracing the sector later.
Citibank makes tentative $318K Bitcoin prediction for December 2021
A recent Bitcoin technical analysis prepared by CitiFX for its institutional clients points to a potential high of $318,000 sometime in December 2021.
$2.3B in Bitcoin exchange outflows dwarfs the amount of new BTC mined
From Oct. 15 to Nov. 15, Bitcoin exchange outflows dropped from 2.5 million to 2.355 million, the lowest levels since August 2018.
Crypto firms still not widely adopting 'travel rule,' says FATF deputy
In 2019, the Financial Action Task Force asked jurisdictions worldwide to adopt its regulatory guidelines for virtual assets.
Kyrgyzstan's central bank developing draft law for cryptocurrency industry
The central bank for the Central Asian country of Kyrgyzstan is working on a draft law to regulate the cryptocurrency industry in the country.
Stocks boom, dollar gloom: 5 Things to watch in Bitcoin this week
Bitcoin begins a new week with stocks rising and the U.S. dollar falling - all while trading back above $16,000.
MIT cybersecurity experts do not trust blockchain-based voting systems
While certain parties in the United States continue to challenge the integrity of the election process, a group of researchers is advocating against using Internet-based and blockchain-based voting systems in the future.
Traders say $15.5K level 'crucial' after Bitcoin price dips below parabola
Typically, during bull trends, BTC historically saw 20% to 30% drops.
Travelers can now get US passports in as little as 4 weeks with Bitcoin
A California-based visa and passport processing company announced it would be accepting Bitcoin as a form of payment as the U.S. State Department's operations are beginning to return to normal.
Mysterious 'cat burglar' pilfers Cryptokitty from digital art installation
He described "Stealing" as a mutual playground for explorers, and participants largely responded with goodwill and good humor: Ethereum-savvy art fans played with the blood-tokens' occult implications - for instance moving.
Bitcoin nerves, DeFi defiant, PayPal debut, Coinbase warning: Hodler's Digest, Nov. 9-15
PlanB, the creator of the stock-to-flow model, has doubled down on his assertion that BTC's best days lie ahead., saying he has "No doubt whatsoever" that Bitcoin prices will have reached $100,000-$288,000 by December 2021.
Grayscale's BCH trust loses $1.6M in value as hard fork begins
Users have sent more than $300M BCH through exchanges since Nov. 1, while assets under management at the crypto fund manager's Bitcoin Cash Trust have decreased.
Bitcoin Movement launches collection of blockchain-backed streetwear designed by Zuby
On Friday, the online retail store Bitcoin Movement, launched a limited edition streetwear line featuring a blockchain-backed system of "Proof of authenticity."
Research: real Bitcoin volume explodes to 2020 high, but greed takes over
According to Arcane Research, the "7-day average daily real bitcoin volume" hit a yearly high.
Top 5 cryptocurrencies to watch this week: BTC, ETH, XRP, XMR, UNI
Conversely, if the pair drops below the 10-day EMA, it will suggest profit booking by traders at higher levels.
The US SEC amendments and SAFT process
Earlier this year, the United States Securities and Exchange Commission - in both the SEC versus Telegram and SEC versus Kik cases - vigorously argued that sales of contractual rights to acquire tokens on a when-issued basis should be integrated with later sales of the tokens.