Cryptocurrency News
Fiat Faces Bitcoin 'Flattening' as Covid-19 Sends M2 Supply Over $18T
Coin Telegraph - 9 Jun 2020 10:38
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.
Poloniex, Bittrex Named in Lawsuit Involving the Alleged Tether-Fueled Crypto Pump
Bitcoin.com - 9 Jun 2020 01:58
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...
Financial Security During Times of Worldwide Crisis
Crypto News - 9 Jun 2020 23:05
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...
Market Wrap: DeFi Is Helping Ether Outpace Bitcoin This Year
Coin Desk - 9 Jun 2020 23:00
Thanks to growing interest in DeFi, ether is outperforming bitcoin when the market is moving higher.
Bitcoin Still Faces On-Chain Scaling Trouble Ahead, Decred Co-Founder Says
Coin Telegraph - 9 Jun 2020 22:54
Can Bitcoin's network handle mainstream adoption?
Illegal Crypto Miner Caught After Stealing More Than $400K of Electricity
Coin Telegraph - 9 Jun 2020 22:29
Russian police arrested a 30-year-old crypto miner who they accuse of stealing over $494,000 in electricity from the state power network.
Moscow Said to Hire Kaspersky to Build Voting Blockchain With Bitfury Software
Coin Desk - 9 Jun 2020 22:05
Moscow's government is giving voters the option of having their ballots recorded on a blockchain despite transparency concerns.
What the Stock Market's 'Robinhood Rally' Means for Bitcoin
Coin Desk - 9 Jun 2020 21:35
The largest 50-day rally in stock market history and even shares of bankrupt companies are up more than 100%. What is going on?
Chinese Authority Freezes Thousands of Cryptocurrency Traders' Bank Accounts
Bitcoin.com - 9 Jun 2020 21:30
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...
LocalBitcoins' Volume Holds Steady Despite Stricter Compliance Procedures
Coin Desk - 9 Jun 2020 21:25
Banning cash transactions and requiring identity verification has not noticeably hurt bitcoin's oldest operating peer-to-peer exchange, market data shows.
Users Punish Coinbase for Outage by Withdrawing Record Amount of BTC
Coin Telegraph - 9 Jun 2020 21:18
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.
South Korea Edges Closer to CBDC Rollout Without Any Comitment
Crypto News - 9 Jun 2020 21:00
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 ...
US Officials Allege Student Defrauded Apple as Part of SIM Swap Attack
Coin Desk - 9 Jun 2020 20:01
A UC San Diego student is accused of participating in a SIM-swapping scam that defrauded Apple and stole one victim's crypto.
'Inherently Borderless': Acting OCC Chief Talks Crypto, State Licenses and DeFi
Coin Desk - 9 Jun 2020 19:00
"My job here is not to protect incumbents," says acting Comptroller of the Currency (and Coinbase veteran) Brian Brooks of his fintech-forward agenda.
No, Blockchain Technology Cannot Solve Everything
Coin Telegraph - 9 Jun 2020 18:50
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.
Last Time This Happened, BTC Gained $4K
Coin Telegraph - 9 Jun 2020 18:46
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.
Over 2,000 Coca-Cola Machines Now Accept Bitcoin in Australia and New Zealand
Bitcoin.com - 9 Jun 2020 18:30
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...
South African Solar Energy Blockchain Startup Raises $3 Million, Plans to Expand Across Continent
Coin Telegraph - 9 Jun 2020 18:13
The blockchain peer-to-peer renewable energy platform has now closed its $4 million Series-A funding round.
Blockchain Bites: 'Bitcoin Billionaires' and Buying a Coke With Crypto
Coin Desk - 9 Jun 2020 18:10
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?"
Brave Apologizes, Crypto Scammers Get Smarter + More News
Crypto News - 9 Jun 2020 18:07
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...
Number of Institutions Buying Crypto Futures Doubled in 2020: Fidelity Report
Coin Desk - 9 Jun 2020 18:06
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.
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.