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Cryptocurrency News

Location American Cryptocurrency News for 9 June 2020
Fiat Faces Bitcoin 'Flattening' as Covid-19 Sends M2 Supply Over $18T Wild coronavirus responses by the Federal Reserve have vastly inflated the U.S. dollar money supply just when Bitcoin cuts its supply in half -- again.
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Poloniex, Bittrex Named in Lawsuit Involving the Alleged Tether-Fueled Crypto Pump On April 3, the cryptocurrency community learned about 11 class-action lawsuits against various executives and digital asset companies. The law firm that filed the lawsuits is also involved with a class-action against Te...
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Financial Security During Times of Worldwide Crisis The text below is an advertorial article that was not written by Cryptonews.com journalists. Source: Ю ия Кондратьева / Adobe Stock. The COVID-19 pandemic is, unfortunately, not the first worldwide crisis p...
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Thanks to growing interest in DeFi, ether is outperforming bitcoin when the market is moving higher.
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Bitcoin Still Faces On-Chain Scaling Trouble Ahead, Decred Co-Founder Says Can Bitcoin's network handle mainstream adoption?
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Illegal Crypto Miner Caught After Stealing More Than $400K of Electricity Russian police arrested a 30-year-old crypto miner who they accuse of stealing over $494,000 in electricity from the state power network.
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Moscow's government is giving voters the option of having their ballots recorded on a blockchain despite transparency concerns.
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The largest 50-day rally in stock market history and even shares of bankrupt companies are up more than 100%. What is going on?
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Chinese Authority Freezes Thousands of Cryptocurrency Traders' Bank Accounts Several thousands of bank accounts belonging to cryptocurrency traders have reportedly been frozen by Chinese police as a result of an extensive crackdown on illicit activities. Frozen accounts are not necessarily involv...
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Banning cash transactions and requiring identity verification has not noticeably hurt bitcoin's oldest operating peer-to-peer exchange, market data shows.
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Users Punish Coinbase for Outage by Withdrawing Record Amount of BTC Coinbase experienced its highest single-day net BTC withdrawal in the wake of the outage incident, with even the author of "Black Swan" quitting the exchange.
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South Korea Edges Closer to CBDC Rollout Without Any Comitment The Gwangandaegyo or Diamond Bridge in Busan, South Korea. The South Korean central bank has reaffirmed its digital currency plans - but continues to add disclaimers, refusing to commit to launching a digital version of ...
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A UC San Diego student is accused of participating in a SIM-swapping scam that defrauded Apple and stole one victim's crypto.
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"My job here is not to protect incumbents," says acting Comptroller of the Currency (and Coinbase veteran) Brian Brooks of his fintech-forward agenda.
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No, Blockchain Technology Cannot Solve Everything

Coin Telegraph - 9 Jun 2020 18:50
No, Blockchain Technology Cannot Solve Everything Distributed ledger technology has the potential to solve a lot of economic and social problems, but there are some that we have to solve ourselves.
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Last Time This Happened, BTC Gained $4K

Coin Telegraph - 9 Jun 2020 18:46
Last Time This Happened, BTC Gained $4K The last time this much Bitcoin was withdrawn from exchanges, the price rose 88%. If this pattern repeats, we would see Bitcoin go to $18,000 by the end of August.
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Over 2,000 Coca-Cola Machines Now Accept Bitcoin in Australia and New Zealand Over 2,000 Coca-Cola vending machines in Australia and New Zealand have started accepting bitcoin, thanks to an agreement between Coca-Cola Amatil and Centrapay. Coca-Cola Amatil is a major bottler and distributor in Asi...
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South African Solar Energy Blockchain Startup Raises $3 Million, Plans to Expand Across Continent The blockchain peer-to-peer renewable energy platform has now closed its $4 million Series-A funding round.
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Is mass adoption back on the agenda with the announcement of a feature film based on the Winklevoss twins and new crypto payment option for vending machines "down under?"
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Brave Apologizes, Crypto Scammers Get Smarter + More News Source: Twitter, @brave Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news - investigating the stories flying under the radar of today's crypto news. Privacy news Blockchain-base...
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More than 85 U.S. institutions bought crypto futures last year, more than double the number touching the space in 2018, according to a new survey by Fidelity.
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Bitcoin News Roundup for June 9, 2020

Coin Desk - 9 Jun 2020 18:00
With the price of bitcoin again struggling to breach $10,000 and volatility falling to recent lows, CoinDesk's Markets Daily is back with another bitcoin news roundup.
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