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3.5 Million Crypto Wallets Downloaded in July, Active Users up 110% in the Year
29.8.2020
A record 3.5 million crypto wallet app downloads were recorded in July 2020, representing an increase of 81% when compared to the same period last year. In addition, the number of active users went up by 110% between January 1 and August 19, 2020. According to a report authored by Madeline Lenahan...
Digital Currency Group Pledges $100 Million to Bolster Bitcoin Mining Industry
28.8.2020
The firm Digital Currency Group (DCG) is entering the mining industry, as the firm has pledged $100 million into a cryptocurrency mining firm called Foundry. The mining company Foundry was noiselessly founded in 2019 and it aims to offer capital, consulting, and intelligence to digital assets...
FBI and Tesla thwart $4 million Bitcoin ransomware plot
28.8.2020
The FBI have arrested one of the conspirators in a planned ransomware attack against electric car maker Tesla
Telos will tokenize $35 million of Croatian seafront real estate
28.8.2020
Telos holders will receive dividends from their tokenized properties
Another inside job at Shapeshift cost the company nearly $1 million
27.8.2020
An employee allegedly used his credentials at Shapeshift to steal from the company
A $1 million BTC bribe leads to conspiracy charges for Russian man
27.8.2020
The strange case of Egor Kriuchkov — who was he working for?
Capturing Petahash: Marathon Obtains 3,300 Bitcoin Mining Rigs, Acquires Fastblock for $22 Million
27.8.2020
The Nasdaq-listed cryptocurrency mining company, Marathon Patent Group, has announced it will be purchasing Fastblock Mining in an all stock transaction. The firm’s letter of intent revealed Marathon will acquire Fastblock for around $22 million. The company will obtain 3,304 ASIC bitcoin...
Korean Police Seize Crypto Exchange Coinbit Over Allegations of $84 Million in Wash Trades
27.8.2020
Police in South Korea on Wednesday raided and seized the offices of Coinbit, the country’s third largest crypto exchange, over allegations it faked 99% of its trading volume. According to a report from Seoul News, local police took control of Coinbit’s headquarters in Gangnam as well...
Crypto Exchange FTX Buys Blockfolio for $150 Million in Effort To Expand Retail Presence
27.8.2020
Cryptocurrency derivatives exchange FTX has acquired the popular portfolio tracking app Blockfolio for $150 million in a bid to gain a foothold in the crypto retail market. The deal – consummated after nine months of negotiation – was settled using a combination of cash, crypto,...
Sources Say World’s Largest Darknet Empire Market Exit Scammed, $30 Million in Bitcoin Stolen
26.8.2020
One of the world’s largest darknet markets (DNM), Empire Market, allegedly exit scammed after the marketplace was taken offline for a number of days this week. DNM patrons are upset about Empire Market’s departure and customers say that $30 million in bitcoin held by the darknet’s...
FTX crypto exchange acquires Blockfolio for $150 million, set to create ‘New trading experience’
26.8.2020
FTX exchange demonstrates retail expansion aspirations as it acquires the number one crypto app
Riot Blockchain Buys 8,000 of Bitmain’s Latest Bitcoin Miners, Company Targets 1.5 EH/s by 2021
25.8.2020
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 stated that the machines will be delivered in batches of 2,000 over four straight...
Venezuela Blocks Opposition From Disbursing $18 Million To Health Workers via Bitcoin Exchange Airtm
25.8.2020
Venezuela has blocked the main opposition from distributing $18 million worth of cash previously seized by the U.S. from the Nicolas Maduro government. The money is being dished out via peer-to-peer (P2P) crypto exchange Airtm to 62,000 healthcare workers starting Monday. However, it is not...
Klever Raises $1.5 Million in KLV In-App Offering on TronWallet
24.8.2020
Prominent crypto wallet on the TRON network, TronWallet announced on Monday that it has successfully concluded its in-app sale of the KLV token. Klever, the transformed platform of the wallet, managed to raise more than $1.54 million in P2P crowdfunding via the in-app offering. $KLV In-App Offering...
Report suggests $1 million of ransomed Bitcoin was cashed out on Binance
24.8.2020
Binance Security Team explains that security systems and techniques are constantly evolving to identify malicious activity while minimizing false positives
Tachyon VPN Reaches 1 Million Users in Just Six Months
23.8.2020
The app is among the top 5 most popular DApps in the world and it is available for both Android, iOS, and macOS users
Re-Mining Simulation Shows Satoshi Used a Single High-End PC to Mine 1.1M Bitcoin
23.8.2020
Cryptocurrency advocates have been recently discussing the mysterious Bitcoin inventor Satoshi Nakamoto as RSK’s chief scientist, Sergio Dermain Lerner, published a paper called “The Patoshi Mining Machine.” Essentially, Lerner simulated Satoshi’s mining experience....
Miners on Decentralised Storage Network Compete For 4 Million Token Prize
23.8.2020
It’s a different kind of Space Race
Iran Shuts Down 1,100 Illegal Bitcoin Miners; Whistleblowers Rewarded $2,400
23.8.2020
Iran’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly shut down 1,100 illegal bitcoin mining farms in the country, local media reported. Whistle-blowers tipped off authorities on unauthorized miners following a July announcement of rewards including...
INX Limited Announces Effectiveness of Security Token IPO
23.8.2020
23rd August, 2020, NEW YORK, United States – INX Limited announced that the Securities and Exchange Commission (SEC) has declared as effective its registration statement on Form F-1 filed in connection with the initial public offering (the “Offering”) of up to 130 million...