The Latest News about Cryptocurrency
Find the latest, and the most interesting, cryptocurrency news collected from around the net.
South Korea Estimates 2-Year Losses From Crypto Crimes at $2.3 Billion
Nearly 2.7 trillion won have been lost to crimes involving cryptocurrency in the last two years, according to South Korean government data.
FINRA Extends Deadline for Firms to Report Crypto Activity
Amid the kerfuffle last week over Facebook's Libra cryptocurrency project and its potential regulation, the U.S. Financial Industry Regulatory Authority quietly extended its deadline for firms to report their crypto activity.
Crypto Bank FairX Shuts Down Citing Lack of Funds, Bleak Future
In a Twitter thread so winding that it should have been a Medium post, the founder of FairX, a so-called crypto bank, announced the company was shutting down.
Bitcoin Price Ends Longest Losing Streak Since December
View Bitcoin logged gains in the three days to July 20, snapping the longest losing streak on the three-day chart since December.
Crypto Exchange QuickBit Confirms Data Breach That May Impact 300,000 Users
QuickBit, a Swedish cryptocurrency exchange listed on the NGM Nordic MTF market, allegedly leaked 300,000 customer records via an unprotected MongoDB database.
Bitcoin Price Shuns Volatility as Analysts Warn of Potential Drop to $7,000
Bitcoin price saw a rare spell of stability on July 22 as cryptocurrency markets began the week on a broadly stable note.
Bitcoin Network Now 8 Times More Powerful Than It Was at $20K Price
Bitcoin now has more computing power behind its security than ever before, passing another milestone as hash rate reaches an all-time high.
Watch Out Ripple, SWIFT Says Its Fastest Remittance is Down to 13 Secs
The Society for Worldwide Interbank Financial Telecommunications announced a successful trial of instant cross-border transfers in Asia in a press release published on July 18.
Research finds Bitcoin and Litecoin halvings do not impact price
Contrary to the popular media narrative, new research finds that Bitcoin and Litecoin prices are unimpacted by block reward halvings.
Libra's Biggest Problem
Among the barrage of commentary accompanying the Libra circus on Capitol Hill last week was a single short tweet from lawyer Marco Santori that summed up the core problem confronting Facebook's cryptocurrency project - and, for that matter, any corporate-led effort of its kind.
Crypto and FB's Libra Are Bridges to a Bitcoin World, Says Tim Draper
Bitcoin will be the ultimate benefactor from interest in Facebook Libra and cryptocurrencies, billionaire Tim Draper has said.
Craig Wright's misinformed attempt at scaling Bitcoin, BSV frivolously increasing block size to 2GB
In Craig Wright's latest marketing attempt, Bitcoin SV will increase its block size cap from 128MB to 2GB. The upgrade will make BSV less secure, more centralized, and more costly for infrastructure providers to maintain.
Number of Crypto Notables on Buffett Lunch Guest List Grows
Justin Sun, the founder of Tron and winner of the annual auction for a lunch with renowned investor Warren Buffett, has invited more notable figures from the crypto industry to attend.
Iran Finalizes Electricity Pricing Scheme for Cryptocurrency Miners
The Iranian Economic Commission has reportedly finalized a tariff scheme for cryptocurrency miners, according to a July 21 report from Iranian economic daily Financial Tribune.
Blockchain Project Aims to Apportion and Tokenize the Moon
A new blockchain project has launched a registry that would divvy up and tokenize portions of the lunar surface.
Tron's Justin Sun Invites eToro Founder to Lunch With Buffett
There are only four days left until Tron founder Justin Sun's lunch with Warren Buffett and Sun has handed out another golden ticket.
South Korea: Crypto Crimes Cost $2.28B Since July 2017
The South Korean Justice Ministry estimates that cryptocurrency-related crimes have caused 2.69 trillion won of financial damage between July 2017 and June 2019.
Founder of Former ConsenSys-Backed Startup Sues Joseph Lubin for $13M
The founder of ConsenSys-incubated startup Token Foundry, Harrison Hines, is suing Ethereum co-founder Joseph Lubin for breach of contract.
Samourai Wallet: Wasabi's CoinJoin Management Lacks Privacy
The official Samourai Wallet Telegram account raised concerns over the alleged lack of privacy ensured by the CoinJoin implementation of competing wallet Wasabi on July 18.According to Samourai Wallet, Wasabi wallet CoinJoin transactions are often not as private as they are purported to be.
Crypto Banking Firm FairX Shuts Down Due to Lack of Financing
FairX, a financial services company involved with banking and digital assets, has shut down its operations as it failed to establish a licensed national bank.
Iran Has Not Issued Any Licenses for Importing Crypto Mining Equipment
Iran's customs administration has not issued licenses for importing digital currency mining equipment into the country due to the absence of approval from the government.
Bank of America Files Patent for Settlement System Citing Ripple
Bank of America has filed for a patent for a settlement system citing the Ripple ledger, according to a filing on Google Patents.
Hodler's Digest, July 15-21: Libra Special! Top Stories, Price Movements, Quotes and FUDs of the Week
Bitcoin price reclaims $10K after U.S. lawmaker says BTC can't be killedIt's been another tumultuous week for Bitcoin.
European Central Bank Exec: Libra Won't Launch Until Regulators Are Satisfied
Benoit Coeure, a board member of the European Central Bank, said that Facebook's Libra coin will not launch until global regulators are satisfied.
Top-5 Crypto Performers: BSV, XTZ, TRX, LTC, ATOM, OKB*
The pair will turn negative if the price turns around from one of the overhead resistances and plummets below $107. Nonetheless, we give it a low probability of occurring.
Major Coins Trading Sideways With Moderate Losses, Bitcoin Near $10,400
Sunday, July 21 - Major coins are mostly trading sideways, remaining relatively quiet with moderate losses over the past 24 hours, according to data from Coin360.
Bakkt will begin user testing for bitcoin futures on July 22
Bakkt, an Atlanta-based subsidiary of the Intercontinental Exchange, an American firm that owns the New York Stock Exchange, will begin user acceptance testing for its Bitcoin futures contracts on July 22, 2019.
A Suspect Crypto Site Stole My Identity
As I was informed by a well-wisher via an email this week, I am being advertised as an "Advisor" to a supposed cryptocurrency project called "US Veteran Token" that insinuates that it in some way supports the men and women that have admirably served their country in the military.
Using the Awesome Oscillator to Find Bitcoin Buy and Sell Signals
The AO plots its data using a histogram, similar to how the MACD histogram functions, in that it delivers a buy and sell signal when the bars pass above or below the neutral 0 line.
BTC Outflow on BitMEX Exceeded Inflow by $73M: TokenAnalyst
Bitcoin outflows on major crypto exchange BitMEX have notably exceeded the inflows after the firm was reported to be a subject in a regulatory investigation.