The Latest News about Cryptocurrency

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

Ethereum.org Gets Redesigned With New Content and Doge Illustrations
The Ethereum Foundation is changing up some of its website's designs as it pushes for a comprehensive educational strategy.
'The Sandbox' Game Announces $3M Token Sale Through Binance Launchpad
Blockchain-powered gaming experience, The Sandbox, will hold a $3 million token sale for the ecosystem's main utility token, SAND. The sale will be held through the Binance Launchpad platform.
Newly Discovered Ledger Wallet Vulnerability Could Be Disastrous if Not Fully Patched
Ledger has failed to fully fix a major vulnerability that allows for a "Bitcoin Fork" attack.
Bloomberg: Bitcoin Is Stabilizing At 6x The Price of Gold
Bloomberg suggests that the price of Bitcoin is stabilizing at six times the price of gold, yet it contends that the asset is still undervalued.
Blockchain Bites: Square's Revenue Surge, Eth 2's Final Testnet, c-Lightning's Latest Update
You're reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they're significant.
Republic Cuts Through SEC Red Tape to Raise $16M via Security Token Sale
Under a pair of U.S. Securities and Exchange Commission regulations, crowd-equity platform Republic has raised $16 million through the sale of its Republic Note security token.
Bitcoin News Roundup for Aug. 5, 2020
Aug 5, 2020 at 16:00 UTC.With BTC pushing towards $12,000 and gold at record highs, CoinDesk's Markets Daily is back for your crypto news roundup!
Pavel Durov Denies He's Selling Telegram Following TON Failure
"We are not selling Telegram - neither in part, nor in full," Telegram CEO Pavel Durov promises.
IRS Tax Warnings on Ethereum's Fifth Anniversary
With America's unique Foreign Account Tax Compliance Act, or FATCA, banks worldwide now routinely report account holders with an American connection to the IRS. The power of the IRS and the U.S. Department of Justice is clearly relevant to crypto, which is arguably the offshore banking of the modern era.
Why Ukraine Is Ripe for Cryptocurrency Adoption
A relatively unstable state - with a technically sophisticated population - creates a fertile ground for crypto adoption.
Ex-Wife's Testimony Suggests Craig Wright 'Defrauded' Court, Kleiman Lawyers Claim
Recent testimony from Craig Wright's ex-wife suggests he misled the court on the nature of the Tulip Trust, an entity key to the ongoing Kleiman dispute, lawyers for the plaintiff claim.
Bitcoin Price Rebounds to $11.6K as VIX Is 'Extremely Bullish'
Bitcoin soared past the key technical resistance level of $11,500 and past $11,600 on Aug. 5 as a fresh round of bullish sentiment canceled out more of last weekend's plunge.
How Blockchain Benefits From Artificial Intelligence
Despite being around for many decades, the replication of human intelligence in machines - artificial intelligence - has now become popularized.
Bitcoin Price Rises 3% as Gold Trades Above $2K for First Time
Aug 5, 2020 at 13:35 UTCUpdated Aug 5, 2020 at 13:45 UTC.Bitcoin and gold on Aug. 5.Bitcoin is again acting like a macro asset, drawing bids amid a record rally in gold and a broad-based sell-off in the U.S. dollar.
Ethereum 2.0 and EOS Crossing Swords Over Scalability Supremacy
When the EOS network launched in 2018, it looked to be one of the biggest contenders to Ethereum - not just in terms of providing a scalable development platform for decentralized apps, or DApps, but also in terms of a well-funded project with great support, and one that could rival Ethereum as the second-ranked cryptocurrency.
First Mover: Ethereum's Transition to Staking Could Push More Traders to Use Derivatives
The new "Staking" system could lock up so many of the network's native ether tokens that investors who want to trade them may have to rely on derivatives markets.
Coinbase Follows Huobi in Supporting.Crypto Domains-Based Payments
Crypto" domains, featuring payments through domain handles instead of cryptographic addresses.
Darknet Vendor and Pharmacist Charged With $270 Million Bitcoin Drug Trade
Two Costa Rican residents were charged for selling drugs worth $270 million on the darknet.
There hasn't been this many Bitcoin investors since 2017; Will BTC's price follow?
The past year has been a period of immense growth for Bitcoin from a fundamental perspective, with it now being arguably more strong than ever before.
BnkToTheFuture Steps Away From Banks Citing Mounting Risk to Clients' Assets
Aug 5, 2020 at 12:00 UTCUpdated Aug 5, 2020 at 12:50 UTC.Hong Kong.Online fintech and blockchain investment platform BnkToTheFuture is moving client assets to a Hong Kong-based trust company citing a "Systemic risk" with traditional banking.
Deregulating Crypto Could Spark More Speculation Says Japan's FSA
Ryozo Himino, the new commissioner of Japan's Financial Services Agency, says the agency is wary of deregulating private cryptocurrencies.
Ethereum Transaction Fees Fall by 75% as Congestion Eases
The cost of sending a transaction on Ethereum plummeted today as congestion appears to be finally clearing.
Alleged 17-Year-Old Twitter Hack Mastermind Pleads Not Guilty
Graham Ivan Clark, the 17-year-old resident of Tampa, Florida, who is accused of leading the hack of several celebrity Twitter accounts pleaded not guilty to all allegations on Tuesday in Hillsborough Circuit Court.
3 Bullish Signs That Overall Demand for Bitcoin Is Skyrocketing
Bitcoin is seeing a surge in interest this summer, as consumer awareness is reflected in unique network entities hitting more than two-year highs.
Square Reports 600% Increase in Quarterly Bitcoin Revenue
Square's bitcoin business is continuing its rapid growth, with Q2 revenue 600% up year-on-year.
Germany: Alleged Darknet Druglords on Trial for Bitcoin Narcotics Trade
The alleged dealers involved in "Chemical Revolution" - Germany's largest darknet narcotics marketplace - will stand trial today.
Bitcoin Trading Generated $875M in Quarterly Revenue for Square
Bitcoin trading drove $875 million in quarterly revenue for the U.S-based financial services firm Square, comprising a 75% gain over Q1 2020.
Dark-Web Vendor and Pharmacist Charged With Trafficking Drugs Worth $270M in Bitcoin
A dark-web vendor and his supplier, who allegedly used the murky recesses of the internet to sell drugs and launder money, have been formally charged in the U.S.David Pate and pharmacist Jose Hou were both indicted by a federal grand jury in the District of Columbia on Tuesday for the illegal sale of opioids over the dark web.
Ethereum is one step closer to 2.0 mainnet launch as ETH value proposition grows
Ethereum's value proposition has been on the rise as the launch of the ETH 2.0 mainnet upgrade looms on the horizon.
Social Engineering: A Plague on Crypto and Twitter, Unlikely to Stop
These so-called social engineering attacks are growing in sophistication, and while the Twitter case is being prosecuted vigorously, the broader problem is unlikely to end soon, security experts said.
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