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Bitcoin Miners Sold 63% More Coins Than Generated In a Day

3.9.2020
With yesterday’s correction in ethereum (ETH) and many DeFi tokens also spilling over into bitcoin (BTC), bitcoin miners sold BTC 844 (USD 9.5m) in a day, or 63% more coins than they generated in the same period of time. Also, according to data from ByteTree, miners have continued to offload more...

Why Fusion’s DCRM is The Best Option for DeFi Users

3.9.2020
The race for blockchain interoperability was very much a trending topic during the bull market of 2017. Back then, we witnessed the birth of very promising projects like Fusion and Wanchain. Then the bear market started, and interoperability was no longer as hot as it once was, similar to every...

Not good for Bitcoin: US dollar is rebounding from multi-year support

3.9.2020
The U.S. dollar has rebounded from a crucial multi-year support area and the price of Bitcoin and gold are simultaneously rejecting

Swiss Canton Zug to Accept Taxes in Bitcoin, Ether From Next Year

3.9.2020
Citizens and companies in Zug will be able to pay up to $109,000 of their tax bill in either bitcoin or ether from February next year

Russian Ministry’s Crypto Mining Plans ‘a Cause for Concern’

3.9.2020
The Russian Ministry of Finance wants to ban crypto miners from receiving token rewards leading to what newspaper Izvestia has called “a de facto ban on the circulation of cryptoassets in Russia.” The newspaper said it has seen Ministry of Finance-drafted legislation proposals pertaining to...

‘Crypto Valley’ residents can now pay taxes in Bitcoin

3.9.2020
Authorities in the canton of Zug now embrace cryptocurrency for tax settlement

Bitcoin price may spark ‘war of miners’ — 1-day pool outflows hit $18M

3.9.2020
Pools may be attempting to trade the dip, CryptoQuant suggests as its CEO warns about rivalries building

Bitcoin, Ethereum and Altcoins Lose Momentum

3.9.2020
Bitcoin price started a sharp downward move after it failed to stay above the USD 11,650 support. BTC even declined below the key USD 11,550 support and revisited USD 11,200. It is currently (08:30 UTC) correcting losses, but it must surpass USD 11,550 for a fresh rally. Similarly, most major...

Hacking of PM Modi Happened at Bad Time for Indian Crypto Industry

3.9.2020
Narendra Modi. Source: A video screenshot, Youtube/Narendra Modi An apparent hacking of Indian Prime Minister Narendra Modi’s Twitter account by attackers seeking to scam people into sending cryptocurrency came at a bad time for the industry in India, where the government is still working out what...

Digital Bank Revolut Expands Crypto Buying and Selling Service to Australia

3.9.2020
The U.K.-based fintech firm has opened up its cryptocurrency services to Australian residents for the first time

Crypto Exchanges Worried: Police Continue Bithumb Fraud Probe

3.9.2020
Source: Adobe/david_franklin Further details are emerging about the Seoul Metropolitan Police Agency’s all-day raid on Bithumb, South Korea’s leading crypto exchange on suspicions of fraud and embezzlement. A Seoul-based employee at a rival South Korean crypto exchange who asked not to be named...

Major South Korean Crypto Exchange Raided by Police in Alleged $25.2M Fraud Case

3.9.2020
South Korean police raided the country’s largest cryptocurrency exchange, Bithumb on September 2 as part of an investigation of fraud allegedly committed by the organization’s main shareholder. With the recorded number of visitors to the platform touching 4.11 million between May...

Canaan Cuts Losses for Second Successive Quarter, Down To $2.4M in Q2; Demand Remains Weak

3.9.2020
Canaan Creative, the Chinese maker of bitcoin mining hardware, reported a net loss of $2.4 million during the second quarter of 2020, down from $5.6 million in the previous quarter. It is the second consecutive quarter of narrowing losses for the firm, hit hard by falling demand amid...

Scam warning as Columbia’s President ‘endorses’ Bitcoin Era

3.9.2020
Not even the Colombian president is exempt from being impersonated by Bitcoin scammers

US Hopes to Confiscate $400M: DoJ Files Forfeiture Judgment Against Onecoin Launderer

3.9.2020
Prosecutors from the Southern District of New York (SDNY) court have submitted a “forfeiture money judgment” against the former attorney Mark Scott. The lawyer was charged with helping the Ponzi scheme Onecoin launder funds. The U.S. Department of Justice (DoJ) claims that Scott helped...

Your crypto is not outside government reach, VC firm partner says

3.9.2020
An anti-thesis to some of industry's core concepts

$1 Trillion in Housing Bonds: US Real Estate Crisis Held Back by Fed’s Mortgage Purchases

3.9.2020
The U.S. real estate market is facing a conundrum, as there’s now a tidal wave of renters who can’t pay rent and a massive number of mortgage defaults stacking up like never before. Amid the looming real estate chaos, the Centers for Disease Control and Prevention (CDC) enacted public...