Cryptocurrency news

• MakerDAO Pitches DeFi to the Masses at CES 2020

  09-01-2020 23:25
  
  There's a "digital money" section on the show floor of this year's CES. MakerDAO's DAI is the only crypto with a booth.
  
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• Crypto Derivatives Exchange Leaves EU for Panama, Expands KYC

  09-01-2020 23:07 via cointelegraph.com
  
  Crypto derivatives exchange Deribit leaves EU to avoid new AML regulation, setting up shop in Panama while changing its KYC
  
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• Tron Founder Trolls Trump, Invites Criticism of His Own

  09-01-2020 23:00 via newsbtc.com
  
  Justin Sun, the founder of the blockchain network Tron, has come out with a price prediction of sorts for his own crypto asset TRX. The target, according to him, is “409k”.
  Of course, Sun is joking around at the expense of Donald Trump. The entrepreneur is clearly taking a jab at the US President and a typo in a tweet that was supposed to celebrate the bumper stock market performance of late.
  Tron to 409k? Justin Sun Takes Shot at President Trump
  According to a report in USA Today, D
  
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• Telecom Giant Telefonica Pilots Blockchain Access on 8,000 Spanish Firms

  09-01-2020 22:46 via cointelegraph.com
  
  Spanish telecoms giant Telefonica granted access to its blockchain to about 8,000 local firms
  
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• US SEC Traces $3.5M Back To Alleged Fraudster Behind Fake Crypto Mine

  09-01-2020 22:39 via cointelegraph.com
  
  Operator of an allegedly fake crypto mine faces criminal charges from the SEC for fraudulent securities offerings worth $3.5 million
  
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• SEC Charges San Diego Investor with Running Crypto Mining Scam

  09-01-2020 22:34
  
  Blakstad sent an email to investors alleging that ESI “developed a world-class data center for crypto currency mining.”
  
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• KPMG Leader Predicts IoT and Blockchain Will Be Used To Manage Climate Change

  09-01-2020 22:13 via cointelegraph.com
  
  KPMG lead predicts blockchain and IoT will enable climate management in 2020
  
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• Ethereum On the Brink of a Massive 35% Selloff as Crypto Markets Succumb to Bears

  09-01-2020 22:00 via newsbtc.com
  
  Ethereum (ETH) has lost nearly all the momentum it had incurred over the past week, with its recent rally to highs of $148 being met with insurmountable resistance that has since forced it into a firm downtrend.
  Analysts are now widely noting that Ethereum may be bound to see significantly further downside in the near-term, with its losses potentially being as high as 35% in the coming days and weeks
  Ethereum Continues Moving Lower After Losing Position Within $140 Region
  At the time of writing,
  
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• Facebook’s Zuckerberg Highlights Digital Commerce, But Not Libra, in 2030 Vision

  09-01-2020 21:45
  
  Mark Zuckerberg said Facebook wants to build commerce tools for small businesses which use the social media giant's apps, but noticeably avoided mentioning the Libra stablecoin project in his 2030 vision.
  
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• Oman’s Largest Port Joins IBM’s Blockchain Shipping Platform TradeLens

  09-01-2020 21:32 via cointelegraph.com
  
  Oman’s largest port joins IBM’s blockchain-based TradeLens platform to improve trade flow
  
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• Dutch Derivatives Exchange Deribit to Move to Crypto-Friendly Panama

  09-01-2020 21:02
  
  Deribit will operate out of Panama starting Feb. 10, citing the Netherlands’ presumed adoption of “very strict” anti-money laundering (AML) regulations.
  
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• Narrative Watch: Why 2020 Will Be the Year of the DAO

  09-01-2020 21:00
  
  2019 saw the launch of Moloch, MetaCartel, MarketingDAO and more than 1000 DAOs on Aragon. Will 2020 be even bigger?
  
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• Bitcoin Can’t Racially Profile You, Unlike Your Banking Provider

  09-01-2020 21:00 via newsbtc.com
  
  It seems that not a day goes by without a news story highlighting the shortcomings of the current banking system. In a world with alternatives growing in viability daily, incidents, like the following, serve as a powerful incentive to pay attention to Bitcoin.
  The latest example of the power banks have over individuals comes from Canada and sees a 12 year old girl handcuffed. Her crime? Trying to set up a current account.
  Bitcoin Can’t Make Mistakes, Bankers Can
  According to a news report
  
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• Illinois Legalizes Blockchain Contracts

  09-01-2020 20:31
  
  With the new year Illinois became the latest state to recognize smart contracts and other blockchain-based records as legal instruments.
  
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• ETF Giant Leads $17.7M Series A for Blockchain Compliance Startup

  09-01-2020 20:30
  
  WisdomTree was the lead investor in the funding round for Securrency. Other investors include the state-backed Abu Dhabi Investment Office (ADIO).
  
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• Bithumb May Pour Over $8M Into South Korea’s Regulation-Free Zone

  09-01-2020 20:23 via cointelegraph.com
  
  Bithumb could invest over $8 million into South Korea’s regulatory free zone in Busan
  
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• Crypto Bubble Deja Vu: Altcoin Lisk Gains 50% Against BTC

  09-01-2020 20:00 via newsbtc.com
  
  This morning, crypto Twitter lit up with discussion over an altcoin that was once buzzing during the 2017 crypto hype bubble went on a sudden rally against Bitcoin.
  Before the rally began to retrace, the pump saw a massive 50% gain against BTC in a single day, giving crypto investors who were around during the bubble phase a whopping dose of deja vu and a reminder of the gains that once were.
  LSK/BTC Spikes 50% in Move Reminiscent of Crypto Bubble
  The crypto market has been in a bear market for
  
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• SEC Charges Man Behind Alleged Crypto Mining Scam

  09-01-2020 19:11
  
  The SEC claims Donald Blakstad bilked investors of $3.5 million. One scheme involved a non-existent crypto mining operation.
  
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• As Ethereum Use in DeFi Continues to Skyrocket, Will Price Follow?

  09-01-2020 19:10 via newsbtc.com
  
  Binance released its report on decentralized finance applications (a trend most often affiliated with Ethereum) yesterday, highlighting the continued growth of the DeFi ecosystem; according to a Tweet by @CryptoWolf, as Ethereum locked in DeFi continues to rise, the price of the coin will rise in conjunction.Defi Built on EthereumMalta-based crypto-exchange Binance published its third report on decentralized finance (DeFi) applications yesterday, focusing particularly on developments in the
  
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• Bugs Found in Compiler for Readable Ethereum Smart Contracts, Team Downplays Concerns

  09-01-2020 18:53 via cointelegraph.com
  
  Bugs in Vyper Compiler do not affect the Ethereum 2.0 deposit contract, argue its maintainers
  
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• NY Governor Wants Crypto Firms to Cover Costs for NYDFS Oversight

  09-01-2020 18:43 via cointelegraph.com
  
  New York Governor Andrew Cuomo argues that crypto entities licensed under the Financial Services Law should pay for NYDFS oversight
  
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• MARKETS DAILY: The Nakamoto.com Debacle

  09-01-2020 18:40
  
  Markets Daily is back with the news moving markets over the last 24 hours, plus a look at Nakamoto.com's troubled launch and how it relates to 'Bitcoin Maximalism'. Later, Brad breaks down a new paywalled report on the upcoming bitcoin "Halving"
  
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• ECB President Pushes for a Central Bank Digital Currency

  09-01-2020 18:05 via cointelegraph.com
  
  Christine Lagarde has reiterated her interest in digital currencies, pushing for ECB’s involvement in the development of a CBDC
  
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• Psychology of a Market Cycle: Are Bitcoin Investors In Denial?

  09-01-2020 18:00 via newsbtc.com
  
  There exists a schematic depicting the psychology driving the different stages of a market cycle, and it often gets shared in response to the current sentiment in Bitcoin markets.
  According to the “Wall Street Cheat Sheet,” investors in the first-ever cryptocurrency could be in denial and will be caught off guard if Bitcoin falls significantly lower from here.
  Where Is Bitcoin In The Current Market Cycle, According to Famous Cheat Sheet
  All financial markets are cyclical, and it&rsqu
  
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• Bitmain’s Fall From Grace Could Spell Trouble For Bitcoin Cash

  09-01-2020 17:30 via newsbtc.com
  
  Crypto mining manufacturer Bitmain is undergoing a difficult time of late, and considering reports that they hold 1 million Bitcoin Cash, should BCH investors be extra vigilant?
  Bitmain’s Fall From Grace
  Founded in 2013 by Jihan Wu and Micree Zhan, Bitmain quickly established itself as the dominant force in the crypto mining equipment industry.
  Up until 2018, things were looking bright, having posted first-half profits of $743 million, and cemented its position as the largest manufacturer
  
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• As Tensions with Iran Fade, So Does Bitcoin’s Chance at a Parabolic Run

  09-01-2020 17:25 via newsbtc.com
  
  Over the past two weeks Bitcoin (BTC) has formed an uncanny correlation to traditional safe haven assets like Gold, with its price rising as tensions within the Middle East region began building earlier this month and falling when these tensions showed signs of decreasing.
  BTC broke below $8,000 overnight after the situation between the US and Iran showed signs of resolving itself, and analysts are now noting that BTC could be in for a significantly deeper pull back, putting its chance at anothe
  
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• Blockchain Lock IoT-Solution Aims to Tackle Porch Pirates

  09-01-2020 17:02 via cointelegraph.com
  
  An IoT software development firm claims its blockchain-enabled lock can prevent porch pirating
  
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• Trump Tweet Timing Coincides With Bitcoin Breakdowns

  09-01-2020 17:00 via newsbtc.com
  
  When the controversial leader of the free world – United States President Donald Trump – tweets, people tend to pay attention. But could there be some correlation to recent Trump tweets coinciding with Bitcoin price drops?
  And could one of Trump’s tweets be responsible for Bitcoin’s recent downtrend? Or does what appears to be conclusive data amount to nothing more than pure coincidence?
  Trump Iran Tweets Cause Crypto to Crash
  Bitcoin price has been an ongoing rally, ever
  
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• Experts Share: What Are the Biggest Topics to Follow in 2020 Beside Crypto

  09-01-2020 16:45 via cointelegraph.com
  
  All eyes on crypto? Sure! But what else is worth learning in the new year? Cointelegraph asked experts to share their interests. Feel free to follow
  
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• Bitcoin Sign Guy Is Back, Bringing Sound Money to Urbit’s ‘Sound Computer’

  09-01-2020 16:28
  
  Bitcoin Sign Guy is developing payment architecture in Urbit so people can live as a full digital citizens.
  
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• Will Google’s Quantum Supremacy Break Bitcoin in 2020?

  09-01-2020 16:07 via cointelegraph.com
  
  The crypto space would not be the same with the invention of quantum computing in the tech industry
  
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• North Korean Hackers Now Using Telegram to Steal Crypto: Kaspersky

  09-01-2020 16:00
  
  Hacking group Lazarus is developing sophisticated new techniques to steal cryptocurrencies from victims.
  
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• 99% of Ethereum, Litecoin, EOS Volume is Likely Fake: Report

  09-01-2020 16:00 via newsbtc.com
  
  A new report is casting doubts on the legitimacy of top bitcoin rivals’ trade data.
  Researcher Koji Higashi late last week blasted off exchanges for faking 99 percent of their Ethereum, Litecoin, and EOS trade volumes. The Japan-based cryptocurrency analyst noted that the degree of fake volume in the altcoins appeared more severe than the one in bitcoin.
  Ethereum climbs 18 percent after witnessing a massive drop past mid-2019 | Source: TradingView.com, CoinbaseThe study followed impre
  
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• ESMA Wants to Create ‘Sound Legal Framework’ for Cryptocurrencies in 2020

  09-01-2020 15:30
  
  Citing concerns about digitalization risks to financial markets, ESMA plans to focus more on crypto regulation this year.
  
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• Bitcoin Dip Continues after Trump Derails Iran Fears; Still Bullish?

  09-01-2020 15:03 via newsbtc.com
  
  Bitcoin continued to decline lower, while equities registered gains, after the tensions in the Middle East cooled.
  The benchmark cryptocurrency plunged 2.44 percent to establish a new intraday low of $7,852.58 on Thursday. The move extended bitcoin’s downside correction by 7.28 percent, as measured from the local swing top of $8,469.39 established yesterday.
  Plunge in bitcoin rate deepens as investors move back to equities | Source: TradingView.com, Coinbase
  The latest losses closely follo
  
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• AT&T’s Cybersecurity Branch Breaks Down Crypto Miner Threat to Email Servers

  09-01-2020 15:00
  
  A new technical analysis from AT&T Alien Labs offers an inside look at how a pernicious form of monero mining malware infiltrates email networks.
  
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• Canada’s DMG Blockchain Installs 1,000 New Bitcoin Mining Rigs for US Client

  09-01-2020 14:54 via cointelegraph.com
  
  DMG Blockchain Solutions has set up 1,000 new Bitcoin mining rigs at its British Columbia facility for an unnamed U.S. client
  
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• Blockchain and Crypto: Will Security Issues Finally Be Dealt With in 2020?

  09-01-2020 14:49 via cointelegraph.com
  
  There are some possibilities that the crypto space would become more secure in 2020: What should we expect?
  
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• Interpol Collaborates With Cybersecurity Firm to Tackle Cryptojacking

  09-01-2020 14:42 via cointelegraph.com
  
  Interpol finds success in removing cryptojacking malware from MikroTik routers that brought tens of thousands of dollars in revenue
  
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• North Korean Hacker Group Modifies Crypto-Stealing Malware

  09-01-2020 14:14 via cointelegraph.com
  
  The Lazarus hacker group — widely believed to be sponsored by North Korea — is deploying new viruses to steal cryptocurrencies, Kaspersky states
  
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• Australians Won’t Use Libra, Believes Central Bank

  09-01-2020 14:00
  
  Reserve Bank of Australia officials are not yet convinced cryptocurrencies offer benefits over and above traditional means of payment.
  
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• Changpeng Zhao Makes Super Bullish Case for Binance Coin

  09-01-2020 13:14 via newsbtc.com
  
  Those who missed the 2019’s Binance Coin (BNB) price rally can still stage profits off the cryptocurrency in 2020, hints its supreme backer Changpeng Zhao.
  The Binance exchange CEO theorized a potential positive correlation between BNB and its top rival Bitcoin. He noted that the current upside sentiment in the bitcoin market could increase the number of trades on Binance. And traders use BNB to pay for trading fees, it would overall boost the coin’s demand.What happens when $btc goe
  
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• Report: Ethereum, Tron and EOS Dominated DApp Ecosystem in 2019

  09-01-2020 13:08 via cointelegraph.com
  
  DappReview highlights the growth of decentralized finance and EOS’ congestion struggles in its 2019 report
  
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• Nervos Network Will Hand Out $30M to Encourage Third-Party Development

  09-01-2020 13:00
  
  The grant fund will pay developers in cash, rather than equity or tokens, and submitted projects will be made public to source feedback from the Nervos community.
  
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• Ethereum Developer Virgil Griffith Indicted Over North Korea Event Appearance

  09-01-2020 12:37
  
  Ethereum developer Virgil Griffith has been indicted in New York over allegations relating to a conference appearance in North Korea last April.
  
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• Thai Bank SCB Launches Cross-Border Payments App on Ripple

  09-01-2020 12:23
  
  The bank is also working to bring micro-payment facilities on the platform.
  
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• Bitcoin’s Bull Bias Intact Despite 6% Price Pullback

  09-01-2020 12:00
  
  Bitcoin's bullish case remains intact with prices holding well above key support near $7,570.
  
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• Bitcoin’s Bull Bias Intact Despite 6 Percent Price Pullback

  09-01-2020 12:00
  
  Bitcoin's bullish case remains intact with prices holding well above key support near $7,570.
  
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• Bitcoin to Surge 150% In 6 Months? Why Analyst Thinks It’s Possible

  09-01-2020 12:00 via newsbtc.com
  
  Bitcoin (BTC) has had a great start to 2020, rallying 16 percent higher from the $6,800 lows put in last week. Although some say it is too early to tell if the cryptocurrency market is out of a bear phase, a prominent analyst who called this latest move is convinced BTC has further to surge.
  Related Reading: Bye-Bye Bear Market? These Hallmark Bitcoin Reversal Signs Appeared
  Bitcoin to Eclipse $20,000 by July? 
  Financial Survivalism, a pseudonymous analyst that last week called Bitcoin&rsqu
  
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• Former Mt Gox CEO Mark Karpeles Seeks to Put Longstanding Lawsuit to Rest

  09-01-2020 11:46 via cointelegraph.com
  
  Former Mt. Gox CEO Mark Karpeles aims to close proceedings against him in the state of Illinois by filing for summary judgment on multiple counts
  
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