Cryptocurrency News
ConsenSys Acquires Enterprise Blockchain Quorum From JPMorgan
Crypto News - 25 Aug 2020 15:52
Source: Adobe/William (edited by Cryptonews.com) ConsenSys, a major Ethereum (ETH) and blockchain software company, has today announced the acquisition of Quorum, an enterprise blockchain unit developed by the U.S. inves...
DeFi giant Aave (LEND) rallies 40% after receiving UK FCA approval
Coin Telegraph - 25 Aug 2020 19:29
Aave's LEND rallied to a new all-time high at $0.77 after receiving an Electronic Money Institution license from the UK Financial Conduct Authority.
The Bitcoin Network Now Consumes 7 Nuclear Plants Worth of Power
Bitcoin.com - 25 Aug 2020 04:00
The SHA256 hashrate that secures the Bitcoin network has grown massively during the last few years, as Bitcoin’s processing power has touched all-time highs in 2020. Moreover, the gigawatts of electrical consumption po...
Bitcoin price drop below key support may trigger CME gap fill at $9.7K
Coin Telegraph - 25 Aug 2020 23:48
Bitcoin price has dropped by 6% in less than two days and three factors appear to be behind the pullback.
Bitcoin 'maximalists' accused of 'shilling' an SEC-cleared token
Coin Telegraph - 25 Aug 2020 23:45
It's like BNB only better, says supposed-Bitcoin maximalists.
Market Wrap: Bitcoin Dips to $11.1K; Ether Mining Difficulty at Year High
Coin Desk - 25 Aug 2020 22:33
Bitcoin's price plunged Tuesday while DeFi is giving Ethereum miners more fee revenue, causing difficulty to hit a 2020 record.
Forthcoming Yield Farming Project Dispenses With Governance
Coin Desk - 25 Aug 2020 22:25
Everyone may be talking about governance on Ethereum, but the yet-to-launch DeFi project Liquity is taking a contrarian view: zero governance.
Coinbase Taps Marcus Hughes as New Eurozone Chief
Coin Desk - 25 Aug 2020 22:06
Hughes had taken over Coinbase's international legal operations earlier this month.
Japanese Cities Disrupted by Bitcoin-Seeking Bomb Threat Emails
Crypto News - 25 Aug 2020 22:00
Police are investigating a number of emailed crypto ransom bomb threats in several Japanese cities - with criminals threatening to destroy city halls and go on killing sprees unless they are paid in bitcoin (BTC). Per a ...
Brazilian Lawmaker Proposes Crypto Regulations for a Country Devoid of Any
Coin Desk - 25 Aug 2020 21:31
Brazil's crypto scene has been unbanked, unregulated and awash in legal uncertain for its entire history.
Riot Blockchain Buys 8,000 of Bitmain's Latest Bitcoin Miners, Company Targets 1.5 EH/s by 2021
Bitcoin.com - 25 Aug 2020 21:30
Bitmain Technologies Inc. said Monday that Nasdaq-listed Riot Blockchain is buying 8,000 of its Antminer S19 Pro bitcoin miners in a deal worth $17.7 million. In a blog post, the Chinese crypto mining hardware maker stat...
BitGo Weighs Building a Sidechain for WBTC as Ethereum Fees Climb
Coin Desk - 25 Aug 2020 21:03
Digital asset trust company BitGo is in the process of "reaching out" to community partners to build an Ethereum sidechain because of rising fees, according to CTO Ben Chan.
An Unintended Consequence of Low Interest Rates? The Big Get Bigger
Coin Desk - 25 Aug 2020 21:00
As companies have to shift their business model to contend with low interest rates, the largest find themselves in a comparatively better situation.
Australian exchanges delist privacy coins amid Chainalysis integration
Coin Telegraph - 25 Aug 2020 20:08
Privacy coins are quietly being relegated to the fringes of the Blockchain space.
Akon Joins Brock Pierce's Presidential Campaign + More News
Crypto News - 25 Aug 2020 20:00
Get your daily, bite-sized digest of cryptoasset and blockchain-related news - investigating the stories flying under the radar of today's crypto news. Business news Akon, a singer who's been spending most of his time bu...
BTC to end 2020 in style: 3 key factors predict Bitcoin price surge
Coin Telegraph - 25 Aug 2020 19:53
Three key macro factors raise the probability of a prolonged Bitcoin bull market, but a short term correction is very likely.
Wave of Bitcoin-Seeking Bomb Threats Sparks Probe by Austrian Police
Coin Desk - 25 Aug 2020 18:57
Police say "numerous" Austrian companies got $20,000 bitcoin ultimatums in the mass extortion campaign.
What death spiral? Bitcoin mining difficulty rises by 9% since halving
Coin Telegraph - 25 Aug 2020 18:36
Bitcoin mining difficulty has risen by 9% since the May 11 halving, demonstrating that the ecosystem remains healthy despite post-halving miner capitulation fears.
Analysts Predict US Presidential Election Outcome Could Collapse Dollar, Boost Bitcoin and Gold
Bitcoin.com - 25 Aug 2020 18:15
Analysts have predicted a bearish outlook for the U.S. dollar as the country’s 2020 presidential election approaches. One analyst says gold will correct with Donald Trump’s victory followed by the collapse of the U.S...
Blockchain Bites: Bitcoin's 'Rich List,' Ethereum's Volatility, DeFi's Shakeup
Coin Desk - 25 Aug 2020 18:08
The number of addresses on Bitcoin's "rich list" is reaching new highs while another firm is putting its cash reserves into bitcoin, not a bank account.
Bitcoin News Roundup for Aug. 25, 2020
Coin Desk - 25 Aug 2020 18:00
With bitcoin still under $12K and Aave pulling ahead of MakerDAO, CoinDesk's Markets Daily is back for your latest crypto news roundup!
Snappa Joins Companies That Diversified Cash Holdings Into Bitcoin
Crypto News - 25 Aug 2020 18:00
Snappa, an online graphics creation company, joined the group of companies diversifying their cash holdings into bitcoin (BTC), with its co-founder and CEO, Christopher Gimmer, describing the world's number one crypto as...