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As Spot Gold Surges Higher, Tether’s Gold Token Lags Behind
23.7.2020
While gold-backed crypto tokens are being touted as an alternative to USD-pegged stablecoins, a previous price premium on these tokens has now turned into more of a mixed picture as one popular token leads, while other lags behind the soaring traditional spot gold price.
At the time of writing...
Hedera Hashgraph in Micropayments, Avalanche Raises USD 42m + More News
22.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain and DLT news
Distributed ledger company Hedera Hashgraph (HBAR) has started a collaboration with Australia’s debit card system eftpos...
Chainlink Bears Found a Weak Link As Rally and Interest Wane
22.7.2020
After seeing an exponential price rally that took its price from USD 1.4 after crypto’s Black Thursday in March, to almost USD 9 in mid-July, chainlink (LINK) now finally appears to be taking a breather, with fading Google search interest putting a damper on sentiment.
At the time of writing...
mStable Learns Communication The Hard Way as MTA Plunged 40%
22.7.2020
The mStable project found itself in hot water yesterday, resulting in the team's apology for what the community saw as an unannounced token drop, coin dump, and lack of transparency. And there is something to be learned about communication from their experience.
A lot can happen in a mere day,...
Surging Altcoin Ampleforth Sees Strong Volatility
21.7.2020
Source: Adobe/by-studio
The little-known altcoin ampleforth (AMPL) has received more attention in the Cryptoverse after it rallied to become this week’s best-performing coin among the top 50 cryptoassets by market capitalization, while simultaneously seeing extreme volatility both to the upside...
Bitcoin Cash, Litecoin See Gains as New Grayscale’s Funds Go Public
21.7.2020
The price of both bitcoin cash (BCH) and litecoin (LTC) increased after major crypto asset manager Grayscale Investments said that two new trust funds backed by the cryptocurrencies have been approved for listing on public over-the-counter (OTC) markets in the US.
At the time of writing (09:34...
Tron's 'JUST DeFi' Exchange and Yield Farming Launching in August
21.7.2020
Justin Sun. Source: a video screenshot, Youtube, Tron
In an effort to broaden its decentralized finance ecosystem, major blockchain platform Tron has announced the launch dates for two more products - both said to be coming in a month.
Justin Sun, founder of Tron (TRX), took to Twitter to announce...
Crypto Listing and Delisting Announcements: Week 29
20.7.2020
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
Crypto Mastercard, French CBDC Experiment, Fake Digital Yuan + More News
20.7.2020
Source: Adobe/Игорь Головнёв
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Payments news
Payments giant Mastercard has granted London-based digital payments firm Wirex principal membership...
Bitcoin and Major Altcoins Showing Signs Of an Upside Break
20.7.2020
This past week, bitcoin price extended its decline below the USD 9,300 and USD 9,200 support levels. However, BTC managed to stay above the USD 9,000 support and it is currently (08:30 UTC) showing signs of a possible fresh increase towards USD 9,500 in the coming sessions.
Similarly, most major...
Hackers Hack Telecom Argentina, Demand USD 7.5 Million In Monero
20.7.2020
Telecom S.A., the largest telecommunications company in Argentina, has suffered a ransomware attack as hackers demand USD 7.5 million in privacy coin Monero (109,345 XMR) to be paid until the night of Tuesday, July 21. If the company does not meet the deadline, the payable amount will rise to...
Thai Central Bank Says Big Businesses Are Already Using its CBDC
17.7.2020
Another country has moved a step closer to issuing a central bank digital currency (CBDC), with Thailand’s central bank stating that it is “already using” its token “for financial transactions with some big businesses.”
Per Nation Thailand, the Vachira Arromdee, assistant governor of the Bank...
Crypto Sector Baffled as Mysterious Report Calls Chainlink a ‘Fraud’
17.7.2020
Social media and crypto sleuths are attempting to uncover the truth about a report that has been circulating claiming to tell the damning truth about Chainlink, the operator of the LINK token – one of the year’s best-performing major altcoins.
The report is allegedly the work of a company named...
Fund Operator Offers Telegram TON Investors Paybacks of Just 21%
17.7.2020
A major hedge fund that recruited a number of investors in the failed Telegram Open Network (TON) blockchain and crypto initiative is offering its investors just 21% of their stakes as a refund after the project collapsed, said a new report.
Per Forbes Russia, ATON, a fund who once promised that...
Zcash Upgrade, Stellar on Samsung, Gemini on Brave + More News
16.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Privacy news
Privacy-focused Zcash (ZEC) upgraded today, improving interoperability through FlyClient support and giving miners the option...
Bitcoin and Altcoins Showing Signs of Increase in Selling Pressure
16.7.2020
Bitcoin price failed to remain stable above USD 9,200 and it is currently (08:30 UTC) down 1%. BTC is trading below USD 9,150 and it seems like the bulls are losing control. The main support is near USD 9,050 and USD 9,000, below which the price could start a new bearish wave.
Similarly, most major...
Bithumb Exchange Owns More Assets Than its Customers
16.7.2020
Leading South Korean exchange Bithumb’s own holdings are higher than the sum total of its customer holdings, per a due diligence report.
According to Sports Seoul, the report was part of a recent audit completed by Seoul-based auditor Jungin Accounting. The auditor found that the sum total of both...
King of Stablecoins, Tether, Faces Regulatory Uncertainties - Report
15.7.2020
Source: iStock/standret, Cryptonews.com
Despite being used widely, stablecoins – and tether (USDT) in particular – may face an uncertain future as governments step up their regulatory scrutiny of the sector, a new report from crypto research firm Coin Metrics said.
The most popular stablecoin...
CBDC Week: Another G7 Country Mulls Joining Digital Fiat Race
15.7.2020
After the UK admitted it is mulling digital fiat plans this week, the Japanese government has also announced that it is considering the launch of a central bank digital currency (CBDC).
Per Nikkei, the cabinet is set to make a formal decision on whether or not it will include the issuance of a CBDC...
Another Chinese Giant, Meituan Dianping, Might Test Digital Yuan – Report
15.7.2020
The rollout of China’s much-discussed central bank digital currency (CBDC) is getting one step closer, as the People’s Bank of China (PBoC) – the country’s central bank – is said to have entered into discussions with a giant online food delivery platform for a trial of the digital yuan.
Citing...