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Cryptocurrency News

Location American Cryptocurrency News for 20 May 2020
Bitcoin Price Unfazed by 50-BTC Transaction From Satoshi-Era Wallet Most likely an old miner from 2009 -- not Satoshi -- just moved 50 BTC mined merely one month after the first Bitcoin block was mined.
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Bitcoin Miners Double Revenue: Fees Spiked Over 200% in 10 Days Since the Halving Bitcoin (BTC) miners earned 44% more in transaction fees in the nine days since the halving than they did for the whole of April. If this continues miners will have more than doubled their income from transaction fees go...
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5000 BTC Giveaway Scam: Chamath Palihapitiya, Elon Musk Not Giving Away Bitcoin The number of bitcoin giveaway scams has been increasing rapidly amid rising prices of cryptocurrencies and deepening economic crisis worldwide. These scams claim that famous people are giving away bitcoin, such as Virgi...
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A new bill in Congress asks the U.S. Federal Trade Commission to consider a national blockchain strategy.
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Legendary Cryptographer on Building the First Blockchain in The '90s Jean-Jacques Quisquater, a legendary cryptographer cited in the Bitcoin Whitepaper, discussed building the first blockchain.
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Did Satoshi Just Move Craig Wright's Bitcoins?

Coin Telegraph - 20 May 2020 23:29
Did Satoshi Just Move Craig Wright's Bitcoins? Did Satoshi Nakamoto just move the Bitcoins that the court documents say belong to Dr. Craig Wright?
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Price Analysis 5/20: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, ADA Most major cryptocurrencies have turned down from their immediate resistance levels, which suggests a minor correction in the next few days.
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Adam Back Thinks Recent BTC Move Wasn't Satoshi

Coin Telegraph - 20 May 2020 22:52
Adam Back Thinks Recent BTC Move Wasn't Satoshi Someone just moved Bitcoin from a wallet that has not been active for over 11 years, but Adam Back does not think it was Satoshi Nakamoto.
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Downward bitcoin prices could impact stakeholders more than ever before, including derivatives traders and miners.
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Crypto lender Nexo minted $4 million in dai on MakerDAO using synthetic bitcoin token WBTC as collateral. Here's why that matters.
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Want to bet the price of ether is rising relative to the price of bitcoin? There's now a token for precisely that.
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Despite the specter of inflation from money printing, the dollar has gained strength. Here's why that's a problem - for everyone.
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Generations of Debt: US Taxpayers Held Liable for Federal Reserve's $6.9 Trillion Balance The central banking system in the U.S. and the country’s megabanks have manipulated the economy for quite some time and these days, the coronavirus has been a great excuse to create trillions for stimulus. A recent rep...
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Bitcoin tumbled 6% in the span of an hour on Wednesday, bringing a quick end to a four-day rally.
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The Citizen app, which normally fights crime, is now tracing coronavirus cases. Is your data safe with a powerful private company?
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50 bitcoin held in an inactive wallet since 2009 were moved Wednesday, but there's little to support the belief that creator Satoshi Nakamoto mined those coins.
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1300% Increase In BitcoinAbuse Reports in April Led by Sextortion There was a 1,300% increase in the number of Bitcoin extortion cases reported to BitcoinAbuse.com in April versus March, with sextortion leading the charge.
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Big Tech firms outlined the dangers of letting the US fall behind in strategic blockchain initiatives while a former Coinbase lawyer is moving to a top government seat.
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Bitcoin News Roundup for May 20, 2020

Coin Desk - 20 May 2020 18:00
Bitcoin's halving busted a lot of miners while Samsung adds blockchain e-gaming. It's CoinDesk's Markets Daily podcast.
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Someone Just Moved 50 Bitcoins, Prompting Speculations It's Satoshi Nakamoto 50 bitcoins (BTC) (USD 477,500), minted in the first month of Bitcoin's existence and untouched for more than 11 years were moved today, prompting a wave of speculations that Satoshi Nakamoto "has awakened." However, mul...
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Hackers Target Enterprise Blockchains

Coin Telegraph - 20 May 2020 17:48
Hackers Target Enterprise Blockchains Private blockchains that have been specifically designed for enterprise use could be highly desirable targets for hackers' attacks.
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Exposure to -1x the Daily Performance: Bitcoin.com Exchange Adds Inverse Token BTCSHORT During the last few months, Bitcoin.com’s cryptocurrency exchange has added a number of new coins and features. Today, Bitcoin.com Exchange has added an Ethereum-based inverse token called “BTCSHORT,” a token that ...
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