The Latest News about Cryptocurrency

Find the latest, and the most interesting, cryptocurrency news collected from around the net.

Ethereum Network Hashrate Hits 20-Month High as DeFi Tokens Rally
New data from glassnode and Etherscan show Ethereum's hashrate has risen to a 20-month high and this has led some optimistic traders to suggest Ether price will continue to rise to new highs in 2020.The explosive increase in Ethereum's hashrate appears to be heavily influenced by the rapidly growing Decentralized Finance sector and at the time of writing is hovers around 201,000,000 GH/s, a level not seen since 2018.Ethereum network hashrate rises to 2018 levels.
Decentralized Finance Frenzy Drives Ethereum Transaction Fees to All-Time Highs
Aug 13, 2020 at 01:21 UTCUpdated Aug 13, 2020 at 01:25 UTC.Average and median Ethereum transaction fees since July 2015.The average fee per transaction on Ethereum reached $6.04 Wednesday night, according to Blockchair, the highest fees since 2015.Median transaction fees, which have stayed just below historic highs of $3.03, currently sit at $3.00.Fees hovered below $1 until mid July when transaction fees started to soar.
Trump's Proposed Capital Gains Tax Cut Could Boost Crypto Profits
A proposed tax cut by U.S. President Donald Trump could be a big win - or a relatively insignificant win - for the crypto industry if it is passed.
Uniswap's August Volume Topples July $1.76B Record in Less Than Two Weeks
Aug 13, 2020 at 00:45 UTCUpdated Aug 13, 2020 at 03:51 UTC.Uniswap monthly volume since January 2019.Uniswap's August trading volume beat July's record high less than halfway into August, surpassing $1.76 billion, leaving more than two weeks to push further into record territory.
What's Behind the Meteoric Rise of Chainlink?
Chainlink has experienced a meteoric rise this year, becoming a top five crypto asset by market capitalization.
Bitcoin Price Above $11.5K as Key BTC Price Metric Suggests $12K Retest
Today Bitcoin price rebounded from its recent low at $11,125 on Aug 11 to $11,617.
Crypto Exchange Bitfinex Is Down Right Now
International crypto exchange Bitfinex unexpectedly went offline for all users this afternoon, citing a 'platform performance issue.
Coinbase to Offer Bitcoin-Backed Loans to US Customers
Coinbase will allow U.S. retail customers to borrow fiat loans against as much as 30% of their bitcoin holdings in the fall, the San Francisco-based exchange announced Wednesday.
Yam Suffers Technical Outage Following Scam Accusations
Yam Finance uncovered a bug the day after ShapeShift CEO Erik Voorhees called the project a scam.
Here's why Ethereum's Ampleforth is shooting 35% higher today
This strong bounce in the multi-million-dollar asset can be boiled down to one thing: the launch of the latest decentralized finance craze, Yam Finance, whose native token is YAM.Ampleforth jumps 35% as Yam Finance launches.
Stacks Foundation Will Soon Put Those 100M Tokens to Work
Aug 12, 2020 at 21:07 UTC.Blockstack co-founder Muneeb Ali speaks at Consensus 2017.The Stacks Foundation plans to soon begin awarding grants to Blockstack blockchain projects with its fresh reserve of 100 million Stacks tokens.
Malaysian Crypto Miners Were Caught Stealing Electricity From the State
They thought they had it made, but the Malaysian authorities were one step ahead. 141 Total views.
Peter Brandt's Tether Warning Is Ominous, But Unclear
Peter Brandt didn't mince his words when describing the controversial stablecoin.
Market Wrap: Bitcoin Rebounds to $11.5K; Ethereum's Gas Woes Worsen
Bitcoin trading around $11,595 as of 20:00 UTC. Gaining 2.1% over the previous 24 hours.
People Are Already Building Businesses Around Cardano's Staking Functionality
Sounds like Cardano is already contributing to the gig economy.
Token Sales Are Back in 2020
As the price of bitcoin rises, token sales have become trendy once more.
American software firm buys up $250 million in Bitcoin, stock jumps 10%
Nasdaq-listed American enterprise software firm Microstrategy said it purchased over $250 million in Bitcoin this year, an announcement that pumped its stock prices up by 10 percent.
Google Ads is Failing to Protect People From Crypto Scams
Users of the Uniswap decentralized exchange could be at risk thanks to a new Google ad. "URGENT WARNING FOR ANYONE USING UNISWAP," crypto influencer and YouTuber, BitBoy, said in an Aug. 11 tweet.
#SupplyGate and the Battle to Frame Crypto's Next Bull Run
Why the ether supply dust-up was about much more than the supply of ether.
Price Analysis 8/12: BTC, ETH, XRP, LINK, BCH, BSV, LTC, ADA, XTZ, BNB
Above this level, the uptrend can reach $480. This bullish view will be invalidated if the ETH/USD pair reverses direction from the downtrend line and plummets below the 20-day EMA. Below this support, the correction can extend to the 61.8% Fibonacci retracement level of $304.367.XRP/USD. The bulls had pushed the price above the falling wedge on Aug. 11 but they could not sustain the higher levels.
Wealthsimple, Robinhood of the North, Jumps Into Canada's Crypto Sandbox
Aug 12, 2020 at 18:53 UTCUpdated Aug 12, 2020 at 19:03 UTC.Wealthsimple caters to millennial investors with the same zeal as its southern peer.
'It's Too Hard to Participate': CWV Partner on China's Blockchain Blueprint
Back in July, the Beijing government released its first blockchain application blueprint concerning government services in China.
Tor Network Compromised by Single Hacker Stealing Users' Bitcoin: Report
A single malicious entity controls nearly a quarter of all nodes used on the anonymous internet provider Tor Network and is using its position to steal bitcoin and other cryptocurrencies.
Decoding Digital: What is Cryptocurrency
According to author Cahill Camden, "Decoding Digital: What is Cryptocurrency" was inspired by a conversation with his parents at the height of the crypto bubble in early 2018, which was along the lines of "Ok, we don't have that much money, but we've heard about Bitcoin. Is cryptocurrency something we should invest in?".
What Chainlink's Plasm Integration Means for Its Future as a Parachain
Listen to article Plasm, a smart contract protocol built on Polkadot's Substrate framework, has integrated Chainlink's price feeds.
Blockchain Bites: Avanti's New Money, DeFi Deepens and 'How Much Ether?'
Aug 12, 2020 at 16:41 UTC.Caitlin Long speaks at Invest 2018.Caitlin Long has a new take on money.
Hong Kong's Greater Bay Area to Launch China's Digital Yuan
China's digital yuan, also known as the digital currency electronic payment, or DCEP project, will be rolled out for testing at Hong Kong's Greater Bay Area in the coming weeks, local news agency the Southern Daily reports on Aug. 12.
Sirin Labs Founder Sued Over Unpaid $6M Factory Bill for Finney Blockchain Phone
Aug 12, 2020 at 16:28 UTCUpdated Aug 12, 2020 at 21:00 UTC.Sirin Labs CEO Moshe Hogeg presenting on Finney's security features at Token Summit III, May 17, New York City.Moshe Hogeg, the chief executive of the blockchain smartphone startup Sirin Labs, was sued by Hong Kong-based mobile phone manufacturer Foxconn International Holding for unpaid bills used to manufacture the Finney blockchain phones, according to Israel-based technology news site CTech.
Network Effect at Risk? Why 50% of DAI Locked in Compound Is a Concern
Data from blockchain intelligence firm Flipside Crypto show that 50% of DAI, Maker's decentralized stablecoin, is now on Compound.
Global Enterprises Embrace Public Blockchains as Technology Matures
"At the beginning of the blockchain revolution, a lot of enterprises were keen to experiment with blockchain but questioned the resiliency, privacy and ability to customize public blockchains. Private blockchains were seen as a more attractive alternative. However, public blockchains have grown and matured and overcome most if not all of these implementation challenges."
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