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Chinese IT Firms Deny Digital Currency Involvement as Shares Skyrocket


Chinese tech companies have been hurridly issuing statements denying they are involved with digital currencies – as stocks in domestic IT firms continue to soar on exchanges in the Middle Kingdom. And it seems that even though some leading companies have been going to great pains to distance...

There's Still Money for IEOs; Blockchain Fundraising Will Grow - Binance CEO


Changpeng Zhao. Source: Instagram, Binance Initial Exchange Offering (IEO) are still very much a thing and will thrive in the future, said Changpeng Zhao, CEO of major crypto exchange Binance. "I am still very confident in the IEO market," Zhao said, speaking at the virtual BlockDown 2020...

Facebook's Libra Confirms A New Plan To Please Regulators


In an attempt to ease regulatory concerns, Facebook's Libra just changed its initial plan to issue the multi-currency Libra Coin and now aims to start from single-currency stablecoins, such as LibraUSD, LibraEUR, etc. "This will allow people and businesses in the regions whose local currencies...

Digital Yuan Real-world Tests to Begin in May - Chinese Media Reports


Multiple domestic media outlets are reporting today that China is beginning its first tests for what is set to become the world’s first central bank-issued digital currency, with real-world tests coming in May. Chinese outlets say that the digital yuan, known in China as the DCEP (Digital Currency...

Bitcoin And Altcoins Rally, Ethereum Outperforms Major Coins


Recently, bitcoin price extended its decline below the USD 6,550 support area. However, losses were limited and BTC/USD bounced back sharply after tagging the USD 6,500 area. It is now trading above USD 6,850 and attempting another upside break above the USD 7,200 resistance. Similarly, most major...

Antisemitic Holocaust-themed ERC-20 Token Uncovered


The Holocaust Memorial, Berlin, Germany. Reporters have discovered a website build using the SquareSpace platform courted controversy by offering its users Holocaust-themed token in a World War II genocide-themed coin offering. The project appeared to make light of the Holocaust, which saw Nazi...

Investors Sue The Maker Foundation, MKR Goes up


The Maker Foundation, that supports the MakerDAO (MKR) project, is faced with a proposed class-action lawsuit by investors, which may take more than USD 28 million out of it, but the native token appreciated in the past day. Despite the lawsuit news for the Foundation, the 29th coin by market...

Are these the First Images of China’s Digital Yuan?


Social media users believe they have captured screenshots of a beta version of China’s much-awaited central bank digital currency (CBDC). WeChat users are believed to have gained access to the screenshots on Tuesday this week. Images have since been shared to Twitter in a series of tweets from...

Chainlink Outperforms Top 20 On Strong Volume


Decentralized oracle service Chainlink (LINK) is once again seeing strong performance in the market, outperforming all other major cryptoassets over the past week on surging trading volumes across exchanges. With the broader crypto market seeing negative changes over the past seven days the bullish...

Startup Founder Sells USD 20,000 of Personal Tokens in a 'Human IPO'


A crypto entrepreneur has completed the sale of his personal tokens on the Ethereum (ETH) blockchain, raising over USD 20,000 to invest in his future business endeavors. Alex Masmej is a startup founder in his 20s who launched a for-profit DAO (decentralized autonomous organization) offering loans...

'Same Activity, Same Regulation' For 'Global Stablecoins' - FSB Chair


Cross-border payment inefficiencies will be a problem for the post-pandemic economic recovery of certain regions, says Randal K. Quarles, the Chair of the Financial Stability Board (FSB) in a letter to the G20. But when it comes to a possible solution - "global stablecoins" - oversight...

Crypto Listing and Delisting Announcements: Week 15


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...

Weekly Crypto Market Sentiment Gains Trimmed By Correction on Monday


Source: iStock/da-kuk The market sentiment, in its forth week of growth, finally broke the 5 sentscore barrier, but these gains were trimmed on Monday. The combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins, was below 5 for weeks, and the last time we've seen...

Prosecutors Want to Open 15 Nth Room Crypto Wallets But Have No Keys


South Korean police have seized 15 crypto wallets they believe belong to Telegram Nth room chief suspect Cho Joo-bin, who has today been formally charged with 14 capital offenses by prosecutors in Seoul. However, although the police’s extensive and ongoing investigation – which has seen officers...

Venezuela’s Response to the COVID-19 Pandemic? More Petro!


Venezuela’s economic situation – already perilous before the coronavirus pandemic – is now worsening due to the spread of the deadly disease. And with the fiat bolivar struggling, Caracas once again appears to be turning to its own, oil-backed token, the petro (PTR), in the search for economic...

Mining Monero on HTC Exodus 1s is Coming in 3 Months


HTC Exodus 1s smartphone users should soon be able to mine crypto directly on their phone. HTC, a major Taiwanese consumer electronics company, has partnered up with ASIC chip design company Midas Labs in order to enable users of the HTC blockchain-powered smartphone Exodus to utilize their devices...

Bithumb Under Pressure to Delist Monero as Nth Room Ire Continues


South Korean market-leading crypto exchange Bithumb is coming under pressure to delist monero (XMR) cryptocurrency as public outrage over the Telegram Nth room sexual exploitation and rape video case continues to dominate headlines in the country. Per a report from Sisa Journal, the pressure is...

Bitcoin Cash Lost 66% Of Its Hashrate, Bitcoin SV Miners Leaving Too


Today, Bitcoin SV (BSV) halved its mining reward for the first time, cutting it to BSV 6.25 (USD 1,195) per block and prompting some miners to leave the network, while Bitcoin Cash (BCH), two days after its first halving, still can't stop its miners from leaving. BSV saw its hashrate, or...

Steady Price Rise Brings XRP Back to Almost Pre-Crash Levels


XRP, the cryptoasset affiliated with California-based fintech company Ripple, appears to finally be catching up after heavy selling brought it down nearly 50% during the two darkest days of March. The rise in the price of XRP over the past 4 weeks has now brought the price almost back up to levels...

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