Quick Look
Bitcoin Users Leery of Tor: 23% of the Network’s Exit Capacity Compromised
Hackers are stealing bitcoin through the large-scale use of malicious relays on the Tor network according to a newly published research...
Defi Project Yam Finance Sees Over $500M Locked in 24 Hours, Devs Reveal Contract Bug
A new yield farming project is all the rage this week, as the Yam Finance project saw over $460 million dollars locked into the platform...
Bitcoin and Gold Correlation Reaches Record High 70%, Bolstering BTC’s Store of Value Credentials
The prices of bitcoin and gold have reached a monthly average correlation of 70%, an all-time-high, according to data analytics firm Skew....
Russia Developing AI System to Monitor Cryptocurrency Transactions — Prototype Already in Use
Russia is reportedly developing a system using artificial intelligence to track and analyze transactions involving cryptocurrencies, such...
Building the Infrastructure for the Future Decentralized Financial Market, Coinbase Included HBTC.Com Debut DeFi Project – Nest Protocol
As the world’s leading regulatory compliant digital asset exchange, Coinbase sets one of the most stringent requirements for digital...
$4.6 Billion Under Management: Grayscale Purchased Over $100M Worth of Bitcoins Last Week
This week cryptocurrency proponents discussed the firm Grayscale Investments, as the firm purchased 9,702 bitcoins (over $110 million) in...
This new DeFi token just rocketed 1,609%: here’s why
Serum has skyrocketed 1,609% just hours after it was launched Project Serum has skyrocketed from $0.10 at launch to hit $1.98 just hours...
Bitcoin’s correlation with Gold hits all-time high
BTC price is down 4% over the past 24 hours as Gold slips from a high of $2,029 to lows of $1,901 Bitcoin dumped overnight, slipping by...
LocalCryptos Integrates Inbuilt Crypto-To-Crypto Exchanges, Powered by ChangeNOW
ChangeNOW is happy to announce the integration with LocalCryptos – the world’s most popular non-custodial peer-to-peer crypto...
Fusing With Whales: Cashfusion Privacy Mixing Expands Allowing 10x Bigger Coins
On August 11, 2020, the Electron Cash developer Jonald Fyookball announced that Cashfusion tiers have been expanded to allow 10x bigger...
Ternio’s ERC-20 TERN Token Listed On Global Crypto Exchange Bibox
ATLANTA, GA – August 10, 2020 – Ternio’s ERC-20 payment token TERN, has been listed by global cryptocurrency exchange,...
Kazakhstan Proposes 15% Tax on Bitcoin Mining to Help Combat Coronavirus
Kazakhstan has proposed legislation that would see a 15% tax imposed on bitcoin mining firms. This is part of efforts to raise money to...
Defcon Speaker Discusses Liberating $300K Worth of Bitcoin From an Encrypted File
This year due to the coronavirus outbreak the world-famous hackers’ convention Defcon held it’s 28th annual event with virtual...
Passive Income via Digital Wealth: A Deep Dive Into Crypto Earning, Staking, Interest Bearing Accounts
During the last two years investment vehicles that allow crypto asset holders to gather yields have grown exponentially and anyone can...
Billion Dollar Public Company Microstrategy Moves $250 Million Into BTC, Says Bitcoin ‘Superior to Cash’
Nasdaq-listed company Microstrategy Inc. is bullish on bitcoin, saying that it is a “dependable store of value” that is...
Peru, India, Indonesia, Nigeria Among Countries With Highest Crypto Usage Increase
Peru, India, Indonesia, and Nigeria are among the countries with the biggest increase in crypto wallet creation based on data from...
Cosmos plummets 8% after violent rejection at $5.80
ATOM has plunged 8% today as bears violently reject attempts advances near $6.00 ATOM/USD jumped by more than 20% over the weekend to hit...
Paytm Freezes Indian Bank Accounts Suspected of Cryptocurrency Trading: Report
India’s largest mobile commerce platform Paytm has reportedly been freezing the bank accounts of users suspected of crypto trading,...
Tezos bulls fall short of all-time high
XTZ/USD has touched its highest price level of $4.41 for the first time in over a year but could retreat to a $4.00 support area following...
Chainlink Competitor Band Token Grows 300% in 7 Days Setting New ATH
BAND, the native token of the Band Protocol, has grown by more 300% in just seven days. At the at time of writing, the token traded at...
Bitcoin Transaction Fees Soar 550% in a Month, BCH, Dash Transactions Much Cheaper
The cost of sending a transaction over the Bitcoin network rose sharply over the past month, as the price of the top cryptocurrency...
PSF Token Invokes the First Coin-Age Staking Protocol on Bitcoin Cash
During the last six months, the Simple Ledger Protocol has grown immensely and there’s been 9,604 SLP tokens created since the...
Federal Reserve’s Expected Inflation Ramp-Up Drives Institutional Investors to Hedge With Bitcoin
The U.S. Federal Reserve is expected to ramp up inflation by keeping interest rates low. As the U.S. dollar falls sharply and gold’s...
Market Outlook: BTC Trend Targets $15K, Bitcoin Bull Raoul Pal ‘Irresponsibly Long’
Cryptocurrency markets have been fluctuating quite a bit lately, as bitcoin and a number of crypto assets have been testing new resistance...
Bitcoin breaks $12,000 over the weekend
Bitcoin has surged past $12,000 as bulls eye short-term breakout after achieving the highest weekly close in more than two years Bitcoin...
ChainLink and Band Protocol skyrocket to the moon
BAND is up 47% in 24 hours as LINK’s super hot streak sees it take large share of Bitcoin’s volume on Coinbase ChainLink has been...
Defi’s Rise Is Inevitable, and Fusion Is Driving This Evolution of Conventional Finance
Four billion dollars This is the total amount of funds locked in “Defi”, growing from just one billion USD in 6 weeks....
Investors Move 10% of Their Gold From Hong Kong Amid Financial Censorship Fears
Hong Kong investors are moving their gold offshore as China’s new national security law prompts fears of financial censorship. Some...
Non-fungible Digital Artwork Sale Shatters Records, ‘Picasso’s Bull’ NFT Sells for $55K
During the first week of July, news.Bitcoin.com reported on the growing sales of non-fungible token artwork being sold on marketplaces...
Year-End Gold and Bitcoin Price Predictions from Regular Everyday People
Just recently, news.Bitcoin.com talked to a number of individuals and asked them to let us know what they think the price of bitcoin and...
Chainlink Price Jumped More Than 45% in 48 Hours and 440% in Twelve Months
Chainlink’s token surged more than 45% from $9.53 to $14.09 between Friday and Sunday data shows. The surge saw chainlink’s...
Wirex Launching in US After Receiving State Money Transmission License
Wirex has received its first money transmission license in the U.S., where the company is now gearing up to launch its “next-gen...
Nasdaq-Listed Company Sued for Backing $2 Billion Loans With 83 Tons of Fake Gold
The Nasdaq-listed company that allegedly used 83 tons of fake gold bars as collateral to secure loans worth about $2 billion from multiple...
Germany Begins Closing Down All Unlicensed Bitcoin ATMs
Germany’s Federal Financial Supervisory Authority (BaFin), the country’s top financial regulator responsible for regulating...
Bitfinex Scoffs at Tether Market Manipulation Lawsuit: Bittrex and Poloniex File for Summary Judgment
Bitfinex says the second attempt by plaintiffs to frame the bitcoin manipulation complaint will fail just like the first attempt. The...
Brian Tockey: Bitcoin, Regression Theorem, and Defining Money
It’s relatively common to see the regression theorem being mentioned in economic discussion, especially when it comes to whether or...
South Korea’s Largest Bank Unveils Bitcoin Custody Services
KB Kookmin Bank (KB), the largest commercial bank in South Korea, has agreed on a deal with blockchain venture fund Hashed and crypto...
Viabtc Founder Reveals BCH Fork Idea Called Bitcoin Cat
During the last few days, discussions concerning the Bitcoin Cash Difficulty Adjustment Algorithm (DAA) has become a polarizing debate. In...
New York Regulator Fast-Tracks 10 Cryptocurrencies
The New York State Department of Financial Services has created a Greenlist of pre-approved cryptocurrencies for custody service and...
Goldman Sachs Cryptocurrency: Possible Collaboration With JPMorgan and Facebook
Goldman Sachs is considering creating its own cryptocurrency. Having recently appointed a new head of digital assets, the company...
Crypto Adoption Soars in Slovenia: Over 1,000 Locations Accept Cryptocurrencies
Cryptocurrency adoption is growing rapidly in Slovenia. More than 1,000 locations in the country now accept cryptocurrency payments,...
New Kenyan Digital Tax to Affect Crypto Platforms
Kenya Revenue Authority (KRA) has announced new regulations that compel users of digital marketplaces to pay digital tax. At a rate of...
Blockchain Analytics Show Altcoins 2x More Prominent in East Asia Compared to North America
On August 6, the blockchain intelligence firm Chainalysis published a report that analyzes cryptocurrency trends across various regions...
Reports Claim UK’s Financial Conduct Authority ‘Pressurized’ to Remove Onecoin Scam Warning
A recent episode of the popular BBC Sounds podcast the “Missing Cryptoqueen” has shown the public a very interesting view of...
German Authorities Confiscate $30 Million in Bitcoin From Pirate Movie Site
German authorities, with the help of the U.S. Federal Bureau of Investigation (FBI), have confiscated about $30 million in bitcoin from an...
Lumi Wallet Web Widget: Cryptocurrency Exchange on Your Website
Good news for those who want to upgrade their website with functional tools and features – on August 5st, Lumi Wallet Technologies...
Only Bitcoin Outpaces G4 Central Bank Balance Sheet Growth
Investment strategist Raoul Pal says bitcoin is the only asset with a growth rate that outpaced that of G4 central bank balance sheets....
Balancer Token (BAL) surges 40% — has altcoin season arrived?
DeFi protocol Balancer shot up by 25% in just two hours and is now 40% up on its price from 24 hours ago Altcoin season appears to have...
Bitcoin Ownership Steadily Shifts From Whales to Small Investors, Data Shows
The amount of bitcoin held by small investors has more than doubled in the past five years as so-called whale holdings declined by an...
Nearly 14% of total Bitcoin supply held by retail investors
Bitcoin wallets holding 10 or fewer coins have surged to account for nearly 14% of total supply According to data shared by analytics firm...
BTC Averages Over 1 Million Active Addresses as ETH Transaction Fees Hit $2M Daily
Bitcoin averaged over a million daily active addresses in the past week for the first time since January 2018. The growing usage metrics...
Grayscale Investments’ Ethereum Trust Filed With the SEC to Obtain Reporting Status
The digital currency asset manager Grayscale told investors on Thursday that the firm has publicly filed a Registration Statement on Form...
Bitmain Delays Delivery of Bitcoin Miners by Three Months, as Co-Founders Battle for Company Control
Bitmain has delayed shipments of its Antminer bitcoin mining machines by three months, as the tussle between co-founders, Jihan Wu and...
Testimony From Craig Wright’s Ex-Wife Throws a Twist in the Billion Dollar Bitcoin Lawsuit
On June 30, a jury trial was scheduled for the notorious Kleiman v. Wright lawsuit on October 13. Now a recent filing from the plaintiffs...
Bluehelix Global Expansion – Strategically Cooperates with Japanese Licensed Exchange Xtheta
“Japanese licensed exchange Xtheta officially announced that it has a strategic partnership with Bluehelix, the leading blockchain...
$5.6 Million Double Spent: ETC Team Finally Acknowledges the 51% Attack on Network
The Ethereum Classic (ETC) blockchain network lost $5.6 million to one miner following a 51% attack initially thought to be a chain split....
Square’s Cash App Bitcoin Revenue Surges 600% to $875 Million in Q2, Profit Up 711%
Square Inc. has reported a significant bitcoin revenue increase in the second quarter. Its Cash App generated $875 million in revenue, a...
Ethereum Classic looks shaky after suffering another 51% attack
Ethereum Classic price has not dropped below $7.00 but could if bears overpower bulls following reports of another 51% attack The price of...
BAND jumps 48% this week as Coinbase adds support
Band Protocol has reached a new high after its price jumped nearly 47% within minutes Band Protocol has been trading at around $7.25 in...
Bitcoin P2P Trading Soars in India as New Exchange Launches
Bitcoin P2P trading volume in India has been growing rapidly, hitting record highs over the past weeks. Meanwhile, a new P2P trading...
SEC Looking to Buy a Blockchain Forensics Tool That Analyzes Smart Contracts
The U.S. Securities and Exchange Commission (SEC) is looking for a blockchain forensics tool to help it analyze smart contracts. In a call...
US Congressmen Want IRS to Balance Taxation and Innovation in the Cryptocurrency Space
A bipartisan quartet of US congressmen wants the IRS taxation policy not to dissuade taxpayers from participating in blockchain token...
Peer-to-Peer Bitcoin Trading Tops $95 Million as Sub-Saharan Africa Records Set All Time High
Weekly peer-to-peer bitcoin trading volumes topped $95 million globally with several countries recording new all-time highs for the year....
S2F Price Model Suggests Bitcoin Price Hits $100K – Author Claims Model Is Perfectly on Track
The author of the controversial bitcoin stock-to-flow (S2F) price model said that at current prices the S2F model is “perfectly on...
Bitfinex Offers $400 Million in Rewards to Get Back 120,000 Stolen Bitcoins
Cryptocurrency exchange Bitfinex is offering rewards of up to $400 million to the hackers who stole almost 120,000 bitcoins from its...
Bitcoin Cash Difficulty Algorithm Debate Heats Up With Fears of Another Chain Split
With a touch more than three months left until the next Bitcoin Cash upgrade, crypto proponents have been witnessing a new quarrel rise...
Orchid: Bringing Decentralization to VPNs
Whenever we browse the web, read news online, or purchase a new pair of glasses from an e-commerce store, we leave traces. These traces...
Bitcoin Cash and Ethereum Classic price analysis
BCH/USD faces strong resistance at $297 while ETC/USD bulls aim at retaking control above $7.35 Bitcoin price is consolidating around...
Genesis Reports Q2 Crypto Loans Spiked 118% to $1.4 Billion Amid Rising Yield Farming Interest
Genesis Capital said Tuesday that its total number of loans outstanding more than doubled to $1.4 billion for the second quarter to June,...
DeFi accounted for 92% of Ethereum dApps volume in July
A surge in transaction volume in the DeFi market saw Ethereum applications record an all-time high transaction volume above $12 billion...
Ripple Says Over-The-Counter XRP Sales Soared 1,700% to $33 Million in Q2
Ripple has reported that over-the-counter sales of its XRP digital currency soared 1,760% to $32.55 million during the second quarter of...
Crypto Derivatives Set New Records, ETH Futures Set All-Time Highs, CME Open Interest Spikes
Digital currency derivatives have been on fire during the last two weeks as ethereum futures volumes touched an all-time high on Sunday....
Flooding Threatens China’s Bitcoin Miners, Chinese Billionaire Says ‘Three Gorges Dam Collapse Imminent’
This week cryptocurrency enthusiasts are still focused on the severe flooding in China during the 2020 monsoon season. The flooding has...
South African Bitcoin Investment Company Faces Fresh Scam Allegations
FX Choice, a forex and crypto trading company, is making new allegations that South African bitcoin investment company, Mirror Trading...
Bitcoin ATM Locations Reaching 9,000 Worldwide
The number of bitcoin ATM locations has been rising steadily. Almost 9,000 bitcoin ATMs have been installed worldwide. The U.S. leads as...
Bitcoin dominance drops to 60.4% as altcoins surge
Bitcoin looks set to linger around $11,000 before seeing further upside movement Despite testing price levels near a major resistance area...
Government Official Updates Progress of India’s Cryptocurrency Law
A government official has reportedly confirmed that a “note” regarding the legal framework for cryptocurrency in India has...
ChainLink hits new all-time high of $9.50
LINK has hit a new all-time high after surging 15% in the past 24 hours Firmly established among the top 10 cryptocurrencies by market cap...
Over 90% of ETH’s Supply Now in Profit
More than 90% of ETH’s circulating supply is now in profit. The last time this level was observed was in early 2018 when the price...
Government-Owned Swiss Bank Launching Crypto Trading and Custody Services
Basler Kantonalbank (BKB), Switzerland’s eighth-largest bank, is getting into crypto through its subsidiary, Bank Cler. Owned by the...
European Bitcoin Exchange Hacked for $1.4 Million, Claims It Cannot Afford to Repay Users
2gether, a Spanish cryptocurrency trading platform, has been hacked for about $1.4 million and company executives claim that they do not...
Bitcoin’s 10% Drop Shrugged Off – Traders Expect More Big Dips On the Way Up
Bitcoin investors are shrugging off the recent drop in value that saw a loss of over 10.9% on Sunday. A number of speculators believe the...
Total Value Locked in Defi Surpasses $4 Billion, ETH Up Over 70% Last 30-Days
Statistics show that the decentralized finance (defi) economy has grown massively this year as the total value locked (TVL) in defi...
Indians Five Times More Likely to Suffer Crypto-Related Hacks: Report
People in India are five times more likely to suffer a cryptocurrency mining hack because of poor consumer awareness, according to a new...
MCO token jumps 39% on token swap announcement
The Crypto.com token, MCO, jumped by more than 39% in the past 24 hours as holders begin to swap their tokens for the Crypto.com Chain...
Bitpatt.com, a Safe, Fast and Reliable P2P Crypto Exchange, Launches Operations
While there are many crypto exchanges, fear of hacking and theft has slowly crept into crypto traders due to many such past incidents. It...
Alleged Twitter Hack ‘Mastermind’ Owns $3 Million in Bitcoin, Bail Set at $725K
Regional reports from Tampa show that the alleged “Mastermind” behind the July 15, Twitter hack owns more than $3.3 million...
Bitcoin, Ethereum and XRP: analysis of July heading into August
Bitcoin hit $12,000 before a flash crash, Ethereum rose to $420 and Ripple rallied to $0.32 Bitcoin hits $12,108 At the beginning of July,...
Publicly Traded Firms Launch New Mining Rigs, Less Hashrate Than Competitors
Two of the top mining manufacturers from China that recently had initial public offerings (IPO) released two new mining rigs. Canaan Inc....
Triple-Entry Bookkeeping: How Satoshi Nakamoto Solved the Byzantine Generals’ Problem
In 2008, Satoshi Nakamoto essentially solved the infamous computational issue called the “Byzantine generals’ problem”...