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CHAI Processes USD 54m via Terra's Blockchain + 12 More Crypto News

24.10.2019
Source: iStock/apichon_tee Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Adoption news South Korea’s mobile payments platform powered by Terra’s blockchain technology...

Lightning Network User Confused By Protocol: Lost 30,000 USD

24.10.2019
The Lightning Network has long been touted by its proponents as a speedy, low-cost solution to Bitcoin’s scaling issues. A series of security scares and UX issues have called that vision into question however. The latest LN slip-up saw a user lose 4 BTC in one fell swoop. Also read: Hidden...

3 Major Signs That Precede the Fall of World Reserve Currencies

24.10.2019
The story of reserve currencies is long and stretches far back into ancient times. As modern history shows, however, the average lifespan of fiat reserve assets is just around 100 years. This means that even the U.S. dollar’s period of dominance is probably nearing its end very soon...

Gold Investors Eyeing Bitcoin on its Way to USD 100,000 - Plan₿

22.10.2019
Some gold investors are not only looking at the digital gold, Bitcoin (BTC), but also considering investing in it, while its price is expected to hit USD 100,000 by the end of 2021, according to anonymous investor and Twitter user Plan₿, known for his insights into the stock-to-flow ratio, cited...

Ripple Has USD 305 Million in Cash and Makes '30 Deals a Week' - CEO

18.10.2019
The CEO of Ripple, a California-based blockchain startup focusing on payment technologies, Brad Garlinghouse, had three interesting statements to share in a recent interview: the amount of cash Ripple has in the bank, the number of deals it makes a week, and the CEO’s opinion on Facebook’s Libra....

Binance Makes USD 1bn in Total, CEO Confused About BNB Price

17.10.2019
Changpeng Zhao. While major cryptocurrency exchange Binance made a total of USD 1 billion in profits, also thanks to the new revenue streams, the CEO of the company said he's 'confused' about the price of their native token, Binance Coin (BNB). In an attempt to increase the value of the coin,...

Maduro: Caracas to Hand out up to USD 3.6m in Petro Tokens

17.10.2019
Nicolás Maduro. Source: Twitter, @NicolasMaduro Venezuelan president Nicolás Maduro has announced that the central government will hand out a total of USD 543,700 worth of the state-run, oil-backed Petro cryptocurrency to each of the country’s 23 states on a bi-monthly basis. In a televised...

Back in Red: Ethereum Price Below USD 180 and Continues to Drop

16.10.2019
After failing to stay at USD 190 level last week, the price of ethereum (ETH) continued to drop and is now below USD 180. The price at the time of writing (at UTC 13:20) of the second coin by market capitalization is USD 175, which is far from its 30-day low of USD 156, but quite close to its 7-day...

IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR

14.10.2019
Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD....

Ethereum Price Fails To Keep USD 190, Trims Weekly Gains

11.10.2019
The price of the second coin by market capitalization, ethereum (ETH), fell below USD 190, while its weekly gains are 4 percentage points lower than just a day ago. This entire week for Ethereum was dominated by Devcon it seems, which is an annual conference organized by the Ethereum Foundation...

Turkey Throws Another Wrench Into the USD’s Works and Joins Russian Swift

11.10.2019
The dominance of the U.S. dollar as the global reserve currency is being robustly challenged on all fronts. Other geopolitical powers and smaller but important players are unwilling to accept the political influence Washington exerts through its fiat money. And in times of trade wars, sanctions...

Bitcoin Price Breaks USD 8.5K, Altcoins Signaling Bullish Continuation

10.10.2019
After several attempts to clear USD 8,300, bitcoin price finally gained bullish momentum. BTC/USD rallied more than 5% and traded above a few important resistances such as USD 8,300, USD 8,500 and USD 8,550. The price is currently (11:00 UTC) consolidating gains and it could continue to rise...

Ethereum Looks For 1 Million Devs While Ether Price Surpasses USD 190

10.10.2019
Joseph Lubin. Source: Twitter, @ethereumJoseph With the fifth annual Ethereum conference, Devcon, about to finish tomorrow, a new challenge has been issued: get 1 million developers to build on Ethereum in a year. Devcon is an annual conference held by the Ethereum Foundation for developers...

Ethereum Price Climbs Over USD 180, while the ETH 2.0 Drama Develops

9.10.2019
Performance at Devcon in Osaka. Source: a video screenshot, Twitter, @drwasho The price of the second coin by total market capitalization, ether (ETH), stepped over the USD 180 level. Meanwhile, the developers are discussing the transition from Ethereum 1.0 to Ethereum 2.0, facing both supporters...

Bitcoin Cash Settles More Value Than ETH in Dollars Moved

9.10.2019
Bitcoin Cash (BCH) proponents have recently been discussing the amount of value participants have been sending onchain. For quite some time now, statistics show the BCH chain has been moving more money than the ETH network in terms of USD value sent per day. With extremely low network fees, a good...

Bitcoin Miners Are About to Rake Historic USD 1 Billion In Fees

8.10.2019
Source: iStock/eclipse_images The Bitcoin (BTC) blockchain seems to be in its best shape yet as multiple symbolic milestones signal growth and health of the network. For starts, Bitcoin all-time cumulative transaction fees are approaching a symbolic amount of USD 1 billion. At the same time...

Bitfinex, Tether Accused of USD 1.4 Trillion Market Manipulation

7.10.2019
As expected, a major class-action lawsuit has been filed against cryptocurrency exchange Bitfinex and its sister company, stablecoin issuer Tether. The lawsuit claims that Bitfinex and Tether manipulated the cryptocurrency market and caused "the biggest financial bubble in human history."...

Hyundai Blockchain, Crypto Affiliate to Spend USD 10m + Launch Mainnet

7.10.2019
Hdac, the blockchain and cryptocurrency arm of business conglomerate Hyundai, says it will invest USD 10 million in the industry – using the money to pay for a mainnet, dapps (decentralized apps) services, fund startups and create a “cryptocurrency compensation system”-powered token ecosystem. Hdac...

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