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Sparrow Raises USD 3.5 Mil in Series a Funding

23.6.2020
23 June 2020, Singapore – Sparrow, the leading options trading platform has secured USD 3.5 million in Series A funding to accelerate platform development. The round was led by the HDR Group, owner and operator of BitMEX, and supported by Signum Capital, Du Capital and FinLab EOS VC. Kenneth...

British Money Printer Goes BRRR: Bank to Buy USD 125bn of Bonds

18.6.2020
The Bank of England – the UK’s central bank – has sent its money printers into full BRRR mode, agreeing to essentially create USD 125 billion worth of pound sterling as the coronavirus pandemic continues to disrupt the British economy. Per the BBC, the bank’s nine-member governing council voted...

Bancor Discovers Security Vulnerability, Drains USD 460,000 Of User Funds

18.6.2020
Bancor, an on-chain liquidity protocol for Ethereum and other blockchains, has discovered a security vulnerability. The team informs that upon discovery it has used a white-hack attack to migrate all funds at risk to safety, and all user funds are secure, although the situation is still...

Sender of USD 5.3 Million ETH Transactions Reportedly Revealed

17.6.2020
It seems that the victim of last week's USD 5.28 million Ethereum (ETH) fee transactions has been revealed. Blockchain analytics and security firm PeckShield claims to have identified the sender - a South Korean peer-to-peer crypto exchange Good Cycle. Furthermore, this small exchange...

South Korea Announces USD 680M ‘Digital New Deal’ + More News

16.6.2020
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. Blockchain news The South Korean government has announced a USD 680 million spending plan on a post-COVID 19 “Digital New Deal,”...

South Korean Police Bust Suspected USD 41.5M Ethereum Crime Ring

12.6.2020
Police in Seoul, South Korea, have searched and seized data from at least two unnamed crypto exchanges in the hunt for the masterminds of a suspected ethereum (ETH) fraud ring believed to be worth at least USD 41.5 million. Per reports from KBS and Joongang Ilbo, the ring made use of multi-level...

Bitcoin Users Could've Saved Half a Billion USD in Fees - Report

11.6.2020
Network fees must be paid, but what if you don’t have to pay as much? Bitcoin (BTC) users could've saved around half a billion USD in network fees had there been a full SegWit and batching adoption, according to Bitcoin startup Veriphi. Per Veriphi’s latest report, almost half a million blocks...

Another USD 2.6M Paid in Ethereum Fees - Many Doubt it's a Mistake

11.6.2020
Source: Adobe/djjeep_design Another USD 2.6 million in fees was paid for a different Ethereum (ETH) transaction, and people are doubting that this is a mistake as previously thought. The Cryptoverse was surprised by yet another small value sent with a dizzying fee within 24 hours. Compared...

Crypto Derivatives Blossomed In May, Celsius Hit USD 1B + More News

5.6.2020
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. Exchange news Derivatives represented 32% of the crypto market in May, compared with 27% in April, according to a report...

USD 100,000 'Reserved' of USD 1M in Bitcoin Giveaway by Draper Goren Holm

5.6.2020
Blockchain venture studio Draper Goren Holm pledged to give USD 1 million in Bitcoin (BTC) to celebrate their annual blockchain-focused conference going digital, with almost 1,000 sign-ups already. The venture studio focused on incubating and accelerating early-stage blockchain startups was founded...

Bitcoin Drops Below USD 10,000, Erases 24 Hour Gains in Minutes

2.6.2020
After staying above USD 10,000 for around half a day, bitcoin (BTC) dropped below this important level once again, in 10 minutes erasing all its gains in the past 24 hours. At pixel time (15:07 UTC), BTC trades at USD 9,557 and is unchanged in a day. The price is still up by 8% in a week and 14%...

America’s Most Wanted: USD 5m Bounty Offered for Venezuela Crypto Boss

2.6.2020
America has slapped a USD 5 million bounty on the head of Joselit Ramírez Camacho, Venezuela’s head of cryptocurrency – accusing him of “having deep political, social and economic ties to multiple alleged narcotics kingpins.” In an official release, the American Immigration and Customs...

Bitcoin Settles Above USD 10,000, Altcoins Could Extend Rally

2.6.2020
In the past two days, there was a steady rise in bitcoin price above the USD 9,500 resistance. The recent surge was such that BTC was able to clear the main USD 9,950 and USD 10,000 resistance levels. It tested the USD 10,350 resistance zone and currently (08:40 UTC) consolidating above...

Major Technical Breakout Spotted as Bitcoin Reaches USD 10,000

2.6.2020
As bitcoin (BTC) once again reached the crucial USD 10,000 barrier on Monday night (UTC time), the BTC chart is showing signs of what could be a major breakout after a series of failed attempts at moving higher. At pixel time (05:22 UTC), bitcoin was up by 5.6% over the past 24 hours, trading at...

S2F Bitcoin Price Model Gets 'Red Dot,' McAfee Bashes His USD 1M 'Nonsense'

1.6.2020
The disputed bitcoin (BTC) stock-to-flow model has once again been updated with a new data point, this time indicating that the new bull cycle has seemingly begun and BTC might reach USD 100,000 in a year. Posting on Twitter Monday morning, the model’s pseudonymous creator, PlanB, said that a “red...

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