Quick Look
European Union Seeks Strict Regulation of Crypto and Stablecoins in New Draft Law
The European Commission, the executive arm of the E.U., has drawn up regulation to tightly monitor cryptocurrencies it considers...
SLP Trading Platform Cryptophyl Plans to Change Into a Noncustodial Defi Exchange
The U.K.-based Simple Ledger Protocol (SLP) exchange Cryptophyl is closing its doors in order to restructure into a decentralized finance...
Sushiswap Creator Returns $14 Million After Community Cries Exit Scam
One week after the Sushiswap creator was accused of an exit scam, he has returned all of the coins he cashed out. The anonymous creator...
The $700 Million Wallet Crack: Bitcoin’s 7th Largest Address Is Under Constant Attack
During the last two years, hackers have been trying to crack the seventh-largest bitcoin wallet, an address that holds 69,370 BTC or $712...
DeFi price update: yearn.finance (YFI), Maker (MKR), Aave (LEND)
Yearn.finance leads DeFi tokens with a 22% price surge as Coinbase Pro adds support. Tokens in the decentralized finance (DeFi) space...
Aelf (ELF) price analysis: SUSHI version SashimiSwap helps ELF token spike 142%
ELF/USD price rose 142% on Thursday thanks to the activity around its recently launched SashimiSwap, a DeFi token similar to SUSHI. Aelf...
Judge Dismisses $200M Damages Claim in SIM-Swap Crypto Lawsuit Against AT&T
A California judge has dismissed the $200 million in damages claim against the telecom giant AT&T for alleged negligence and fraud....
IRS to Pay $625K to Crack Monero, Crypto Proponents Scoff at Contract
The U.S. Internal Revenue Service (IRS) wants to pay a contractor $625,000 if they can crack layer-two privacy schemes and the...
European Crypto Exchange Hacked for $5.4 Million in Bitcoin
Eterbase, a Slovak cryptocurrency exchange, revealed Thursday that it had been hacked for $5.4 million. Cyber-criminals broke into six hot...
Defi Project Yfdex.Finance Vanishes With $20M Investors’ Funds Just Two Days After Launch
Yfdex.Finance (Yfdex), a new liquidity mining pool, has reportedly exit scammed, making off with up to $20 million of investors’...
Despite Warnings from Regulators, the Ethereum Fueled Pyramid Scheme Forsage Thrives
While Ethereum has seen a number of benefits from the decentralized finance (defi) movement and initial coin offerings (ICOs), more...
New DeFi Project Xfinance(XFI) ILO Presale Will Start Today
As the cryptocurrency world is experiencing rapid growth, decentralized finance (DeFi) platforms are also rising. In early 2019, there...
Mastercard Launches Digital Currency Testing Platform for Central Banks
Mastercard has launched a digital currency testing platform aimed at helping central banks test their digital currencies. The system will...
South African Crypto Exchange Luno Expanding Globally After Acquisition by Digital Currency Group
Digital Currency Group has acquired South African cryptocurrency exchange Luno, which has more than five million customers in over 40...
Ticino Blockchain Technologies Association Has Been Established
Lugano, 10 September 2020 – The Ticino Blockchain Technologies Association aims to promote research and support innovative companies...
Transfer value on Ethereum flips Bitcoin by $80 million
Ethereum’s total transfer value of $3.08 billion surpassed Bitcoin by about $80 million. As ETH/USD price looks to move from this...
Defi Trader Pockets $250k From Bug Exploit, Hints at Possible Exit Scam by $SYFI Devs
An anonymous Defi trader says he gained almost $250 000 after inadvertently exploiting a rebase bug embedded in the $SYFI Defi token. The...
Fiat Devaluation Drives Retail Bitcoin Transfers in Africa 56% in a Year: Report
Monthly cryptocurrency transfers to and from Africa under $10,000 soared more than 56% from a year ago to reach $316 million in June,...
DistX is Taking the Crypto World by Storm
After selling out their own token sale in just 57 seconds in late August, DistX have been making headlines and attracting a lot of...
SWIFT Says Criminals Prefer Cash for Money Laundering, Not Cryptocurrency
A new report by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) says cryptocurrency is seldom used for money...
6 Members of the Multi-Billion Dollar Plustoken Scam Charged With Fraud in China
Following the arrest of 109 accused members of the $6 billion Ponzi scheme called Plustoken, six alleged members of the team were...
Targeted by IRS? What Cryptocurrency Owners Should Know
The U.S. Internal Revenue Service (IRS) has started sending out new letters to cryptocurrency owners suspected of owing crypto-related...
Ukraine, Russia, South Africa, Nigeria Among Top Countries by Cryptocurrency Adoption
Ukraine, Russia, China, South Africa, Nigeria, Kenya, and the U.S. are among the top-ranking countries by cryptocurrency adoption,...
BSV/USD ready to explode above $200
More than 110,000 Bitcoin SV wallets bought the token at $181 to suggest bulls will defend the area and possibly push for $200 Bitcoin SV...
CME Futures gap remains unfilled as Bitcoin holds $10k
BTC/USD dropped to lows of $9,850 before bulls vigorously defended the important $10,000 peg Bitcoin continues to hold the $10,000 support...
Hash Power Broker Nicehash Denies It Enables 51% Attacks on ETC Network
Hash power broker Nicehash denies that it enables bad actors to use its hash renting platform to launch 51% attacks on blockchain...
CEX.IO to Offer Instant Cryptocurrency-Backed Lending Service in 217 Countries and Territories
LONDON, the United Kingdom – CEX.IO, one of the largest international exchanges in the cryptocurrency market, is set to launch a...
Argentina Government Refuses to Pay $4M Bitcoin Ransom to Hackers Who Paralyzed Its Borders
The government of Argentina has reportedly refused to pay a $4 million bitcoin ransom demanded by hackers who hijacked the country’s...
Noncustodial Bitcoin Cash Client Zapit Demos In-Wallet SLP Dividends Tool
During the last week, Bitcoin Cash proponents have been discussing Zapit, the noncustodial BCH wallet that also supports Simple Ledger...
Bitcoin Obituaries Lists Another Crypto Eulogy, 2020 BTC Deaths in the Single Digits
The infamous “Bitcoin Obituaries” has seen another addition to the long list of deaths since bitcoin’s oldest death on...
Crypto Borrowing: Here Are Seven of the Best Interest Rates on the Market
Cryptocurrency is sizing up traditional finance on its legacy turf of lending and borrowing with competitive interest rates (currently as...
CEX.IO Cryptoexchange Makes CryptoCompare Top 10
The international cryptocurrency exchange CEX.IO made it into the CryptoCompare top 10 July 2020 report, with an overall A grade. The...
Jim Rogers Predicts End of Dollar Dominance as US-China Tensions Escalate
Renowned investor Jim Rogers believes that the U.S. dollar dominance is coming to an end as the tensions between the U.S. and China mount....
More than 72,000 Bitcoin tokenized on the Ethereum blockchain
Over $750 million worth of Bitcoin has been locked as DeFi drives tokenization of Bitcoin. The amount of Bitcoin ‘locked up’...
Band Protocol rival UMA Protocol’s price jumps 13% ahead of Coinbase Pro trading
UMA Protocol price jumps 13% as traders look forward to trading on Coinbase Pro. The recent crypto crash saw the price of decentralized...
Latin Americans Turn to Bitcoin as Local Fiat Currencies Plunge
Latin Americans have embraced cryptocurrency as a store of value while their fiat currencies depreciate, a new report shows. Bitcoin...
Digital Platform for Smart-Contracts Barter Smartplace: Future Unicorn of Decentralized Commerce Sells Tokens With a 50% Discount
The Barter Smartplace blockchain ecosystem team believes that closing deals in the fast-paced digital age can be as fast, reliable, and...
Cryptocurrencies Now Accepted for 15,000 Restaurants in France on Just Eat
Food orders from over 15,000 restaurants in France can now be paid with bitcoin and a number of other cryptocurrencies through a major...
Bridge Oracle IEO Launches with Bitcoin.com Co-Founder Mate Tokay as Advisor
8th September, 2020, Kuala Lumpur, Malaysia – Bridge Oracle may very well be on the cusp of achieving the holy grail of the...
Crypto Volumes Surge in August: Binance Largest Spot Exchange as Huobi Leads Derivatives
The latest report by Cryptocompare shows August spot cryptocurrency traded volumes by the 15 largest top-tier exchanges increased by 58.3%...
$700 Million Worth of Synthetic Bitcoin Is Circulating on the Ethereum Blockchain
According to onchain data, there’s now 69,836 synthetic bitcoin tokens (over $700 million) circulating on the Ethereum blockchain....
UK Digital Bank Ziglu Launches P2P Payments for Bitcoin and Bitcoin Cash
London-based challenger bank Ziglu said Monday that it has been licensed as an Electronic Money Institution (EMI) by the U.K.’s...
Whale Watch: 68 New Whales Join ETH Network, BTC Holds Lowest Concentration of Whales
Onchain data shows that during the market carnage this past weekend the number of ethereum whales increased significantly, while ETH...
Weekly Price Update: BTC/USD and ETH/USD struggle below major resistance areas
Bitcoin touched $9,944 while ETH/USD dropped to lows of $316 over the weekend. BTC/USD broke below $10k and is struggling around $10,200...
SushiSwap (SUSHI) price up 30% despite creator’s “exit”
SushiSwap is up 30% on the day after dropping to lows of $1.17 on Sunday. DeFi token SushiSwap has rebounded after plunging to new lows,...
Declining ETH Gas Cost Still Higher Than BTC Fees: Supporters Insists ETH 2.0 to End High Fee Woe
Ethereum network gas fees that averaged $15.13 on September 2 have been declining in the past four days ending the day at $3.43, according...
‘Bitcoin Should Be Traded Like Stock,’ Says Begin India Think Tank Founder
The founder of Begin India Think Tank says that bitcoin should be regulated as stock, which he believes is the legal status the...
DeFi Project Xfinance(XFI) ILO Presale Sceduled for Sept 10th
DeFi project – Xfinance announced they will cooperate with LID Protocol and launch XFI ILO presale on the LID presale Dapp, launch date...
Opium Protocol Allows Traders to Hedge or Bet Against the Stablecoin Tether’s Solvency
Cryptocurrency traders can now protect their tether tokens or bet against the solvency of the stablecoin by leveraging a new crypto...
US Man Pleads Guilty in $722 Million Bitclub Network Ponzi Scheme Case
A Bitclub Network Ponzi scheme promoter has admitted to charges of selling unregistered securities and to subscribing to a false tax...
Defi’s Raw Deal: Sushiswap Creator Transfers Multi-Sig Control to FTX CEO
After a number of individuals from the crypto community accused the anonymous developer Chef Nomi of exit scamming, the developer...
Bitcoin Dominance Slides Losing 10% in the Last 100 Days
Bitcoin’s Dominance Index has slid 10% from a high of 67% on May 10, to a low of 57% today. Despite the defi market shakeout,...
‘Bitcoin Beats Gold on Every Single Measure,’ Says Macro Strategist Raoul Pal
Global Macro Investor CEO Raoul Pal has explained why he believes bitcoin is better than gold in every way. He proclaims that bitcoin is...
How to Leverage Uniswap – Ethereum’s Noncustodial Defi Trading Platform
In 2020 decentralized exchanges (dex) have grown quite mature compared to just a few years ago. One specific dex gathering a lot of steam...
Sushiswap Founder Reportedly Exit Scams as Sushi Token Price Tanks
The anonymous founder of Sushiswap has reportedly exit scammed after converting all of his sushi tokens to ETH on September 5. Reports of...
Crypto-Friendly Banking Platform Cashaa Expanding in India, US, Africa
Crypto banking platform Cashaa has unveiled plans to expand its services in India, the U.S., Africa, and the Caribbean. In India, the...
Robert Rorschach: 20 Reasons Not to Vote
If one votes, one participates. If one participates, one condones and endorses the process, and subsequently, what those elected...
Defi Boom Fueling ETH Gas Fees, Threatens Viability of Smart Contracts
Growing Ethereum network transaction fees, which touched new highs recently, are a direct consequence of the increasing number of defi...
South African Man Charged in U.S. Court for Fraud Involving $28 Million in Bitcoin and Forex
A South African man has been charged with fraud in the Maryland District Court for allegedly scamming $28 million from over 1,000...
Tim Draper Heaps Praise on Bitcoin Cash
Billionaire and venture capitalist Tim Draper has praised bitcoin cash after recently purchasing the coin. Lauding the ease of use as well...
Unlimited QE and an Index Portfolio: How Fed Chair Jay Powell Can Pump His Bags
In mid-August the U.S. stock market defied odds and mainstream media claimed after the Standard & Poor’s 500-stock index touched...
New Exchanger for Cryptocurrencies From Swep.io: Speed, Convenience and No Limits of Exchange Operations
A team of professional developers from Estonia is launching a new crypto exchanger Swep.io. Being extremely enthusiastic about making a...
Criminals Target Privacy Coins: How To Avoid Downloading Fake Wallet Apps
Reports in the past few weeks detail that bad actors are targeting two privacy coin projects, Monero and Zcash, adding to concerns about...
Market Update: Blood in the Crypto Streets, Bitcoin Miner Dumps, CME Gap, Defi Doldrums
The cryptocurrency economy slid significantly on Thursday afternoon (ET), as the aggregate market cap of all the crypto coins shaved more...
Nearly $1B wiped off DeFi TVL amid crypto market sell-off
Value locked in DeFi smart contracts is now around $8.6 billion, down from $9.5 billion on September 2. Early this week, the total value...
Bitcoin dips 10% to hit new multi-month low around $10,000
BTC/USD price fell to $9,990 on some exchanges, with tech stocks posting similar slumps Thursday. This is turning into one miserable week...
Bitcoin Will Be Accepted for Tax Payments in Swiss Canton Zug Next Year
Bitcoin and ether can be used to pay taxes in the Swiss Canton of Zug starting next tax season. Zug’s crypto valley is home to many...
Research: New Malware Employs Tor and Bittorrent To Steal Bitcoin and Ether
A new trojan called Krypto Cibule uses infested computers’ power to mine cryptocurrency, steal crypto wallet files, and redirect...
Chilean Cryptocurrency Exchange Denies Fraud Allegations, Tribunal Set Rule on Complaint
Chilean cryptocurrency exchange, Badu.com has denied allegations that it fraudulently transferred client funds without authorization. The...
Privacy Options Underutilized in Cryptocurrency Usage: Report
Advances in cryptography have not met with user enthusiasm, suggesting a disconnect between the cryptocurrency community and its...
Yearn Finance Vault Users Lock $139M: Farmers Claim Collateralized ETH Gathers 90% APY
On September 3, 2020, the well known Yearn Finance defi project “paused” the popular ethereum liquidity vault (yETH) service,...
$16B Worth of Dollar-Pegged Cryptos: Stablecoins Add $100M a Day Since Mid-July
Stablecoins have been gathering a lot of steam and settling massive value in recent months. Moreover, on Thursday, Coin Metrics’...
Long-Term Fundamentals Signal Robust Crypto Bull Market Fueled by Reckless Money Printing, Defi
A robust cryptocurrency bull market is in the making, a Weiss Crypto Ratings analyst explained. Citing central banks’...
US Federal Court Rules NSA Mass Surveillance Illegal, Credits Edward Snowden
A federal appeals court has ruled that the U.S. National Security Agency (NSA) mass surveillance program that collected data on billions...
Monero (XMR) daily transactions hit new all-time high
Privacy-focused cryptocurrency has seen huge transaction volumes since the start of 2020. Daily transactions for Monero have hit a new...
Misery for bulls as Bitcoin flops to $11,100, again
Overnight sell-off pushed Bitcoin to lows of $11,150 as altcoins post similar losses. A miserable Wednesday for crypto saw widespread...
Indian Prime Minister Modi’s Twitter Account Hacked, Bitcoin Donations Requested
The verified Twitter account for Indian Prime Minister Narendra Modi’s personal website and mobile app has been hacked, Twitter has...
Why Fusion’s DCRM is The Best Option for DeFi Users
The race for blockchain interoperability was very much a trending topic during the bull market of 2017. Back then, we witnessed the birth...
Major South Korean Crypto Exchange Raided by Police in Alleged $25.2M Fraud Case
South Korean police raided the country’s largest cryptocurrency exchange, Bithumb on September 2 as part of an investigation of...
Canaan Cuts Losses for Second Successive Quarter, Down To $2.4M in Q2; Demand Remains Weak
Canaan Creative, the Chinese maker of bitcoin mining hardware, reported a net loss of $2.4 million during the second quarter of 2020, down...
US Hopes to Confiscate $400M: DoJ Files Forfeiture Judgment Against Onecoin Launderer
Prosecutors from the Southern District of New York (SDNY) court have submitted a “forfeiture money judgment” against the...
$1 Trillion in Housing Bonds: US Real Estate Crisis Held Back by Fed’s Mortgage Purchases
The U.S. real estate market is facing a conundrum, as there’s now a tidal wave of renters who can’t pay rent and a massive...
Pornhub Accepts Bitcoin: Top Adult Site Expands Cryptocurrency Payment Options
Pornhub now accepts bitcoin as the platform expands its cryptocurrency payment options. The leading adult video streaming website has over...
Microstrategy’s $250 Million Bitcoin Buy Consequential
When a publicly owned company decides to invest about $250 million in an asset that was widely attacked more than a decade ago, it says a...
ChainLink (LINK) flashes red pattern breakout
ChainLink traded at around $17.00 on Tuesday, September 1 The price of ChainLink has declined 4.15% in the past 24 hours and is trading...
TRON price analysis: TRX/USD focused on $0.40 as major trend reversal underway
TRX/USD could be priced at $0.40 soon if bulls sustain momentum above its multi-year high price of $0.37. TRON’s partnership with...
Fees Bonanza: Ethereum Miners Pocket a Record $113 Million From Fees in August
Ethereum miners are making a killing from transaction fees. In August alone, the miners raked in a total of $113 million in profit, up...
Nigeria Foreign Exchange Crisis: Worsening US Dollar Shortages Point to Further Devaluation
Pressure on Nigeria’s current exchange rate is likely to get worse in 2021, when the expected recovery of imports is set to force...
Sichuan’s Blockchain Park: Chengdu Government Officials Welcome Bitcoin Miners
In mid-August officials from the Chinese province of Sichuan approved a number of enterprises that mine bitcoin for legal hydropower...
LZ Lending Innovates and Integrates Peer2Peer Into Platform
LZ Lending, London’s premier cryptocurrency Peer 2 Peer lending solutions, announces the official launch of their new fully...