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Data Shows the US Economy Was Collapsing 5 Months Before the Coronavirus Outbreak
3.5.2020
During the last two months, the global economy has shuddered and a great number of people still attribute the financial meltdown to the Covid-19 outbreak. However, during the last two weeks, the blame has shifted, as many citizens are now blaming the government lockdowns, overly-predictive models...
12 Months of Onchain Data Shows Bitcoin Whales Obtained Hundreds of BTC from Small Fish
2.5.2020
According to recent data, crypto participants known as ‘bitcoin whales’ have been steadily accumulating bitcoins, and not selling since the ‘Black Thursday’ market carnage on March 12, 2020. Onchain data and blockchain analysis firms indicate that the number of bitcoin...
Bitcoin Lender Genesis Global Issues $2 Billion in Loans During Record Quarter
30.4.2020
Genesis Global Trading has reported a 100% jump in new loan originations in the first quarter. The cryptocurrency lender and trading platform added a record $2 billion in new loans in the three months leading to March 2020, up $1 billion from the previous quarter. BTC accounted for 44.8% of...
Bitcoin Rally Pauses Near $7.8K After Longest Winning Run in 8 Months
28.4.2020
Bitcoin's bulls are taking a breather in the approach to $7,800, having engineered the longest daily winning run in eight months
Malta’s ‘Blockchain Island’ Dream Deferred as 70% Entities Shun Licensing
25.4.2020
Malta’s futuristic design to be the “Blockchain Island” has suffered a setback as 70% of companies in the sector have not sought licensing. Six months after the deadline, only 26 companies have applied for licensing and none has been granted one. Malta initiated legislation...
Oil’s Been More Volatile Than Bitcoin for Nearly 2 Months, Data Shows
24.4.2020
The surge in volatility for oil goes back a lot further than Monday's crash, CryptoCompare data indicates
Dydx Processed $1.1 Billion Cryptocurrency Loans in 12 Months — 70% in Just 60 Days
23.4.2020
Cryptocurrency lender Dydx advanced a total of $1.14 billion in digital asset loans over the past 12 months. But about 70% of the money was borrowed in just two months, February and March, as coronavirus-linked volatility triggered a frenzy of borrowing among investors. Monthly volume remained...
Bakkt’s New CEO Steps Down After Only 4 Months
23.4.2020
Following departure of Bakkt’s CEO, new leadership will focus on integrating Bridge2 Solutions
Bakkt CEO Mike Blandina Steps Down 4 Months After Taking Role
23.4.2020
Mike Blandina, Bakkt’s CEO since December 2019, will be stepping down from the role, CoinDesk has learned
Zcash Foundation Cuts Q1 Spending 17% to $2.7 Million – ZEC Tanks 9% in 24 Hours
21.4.2020
The Zcash Foundation cut spending by 17% during the first three months of this year due to Covid-19 pressures. In its first-quarter report, the foundation said it spent only $2.68 million from an initial budget of $3.24 million. The report says: Our budget reduction primarily stems from cancelling...
Seeking Profits: A Number of Large Crypto Exchanges Are Mining and Staking Digital Assets
18.4.2020
During the last 12 months, large cryptocurrency exchanges have been getting into digital currency staking and creating SHA256 mining operations. Just recently, Binance announced the launch of its mining pool following exchanges like Okex, and Huobi. Alongside this, a great number of crypto...
Bitcoin.com Exchange Now Supports Reserve’s Stablecoin RSV and the Utility Token RSR
16.4.2020
Bitcoin.com’s Exchange continues to grow and during the last few months, the platform has added support for a number of well known tokens. This week, the trading platform has added support for the Reserve stablecoin (RSV) and the project’s utility token (RSR). Bitcoin.com Exchange users...
What the Economy Will Look Like 6 Months From Now, Feat. Ryan Selkis
15.4.2020
From contact tracing to in-state alliances and the shift of cities to regional economic hubs, here's a preview of how our world will look six months from now
Mining Monero on HTC Exodus 1s is Coming in 3 Months
10.4.2020
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...
Bitcoin Evolution: Wanna Make $1 Million in 2 Months Like Prince Harry and Meghan Markle? It’s a Scam
10.4.2020
A bitcoin investment scheme has reportedly claimed that Prince Harry and Meghan Markle are making millions using a “wealth loophole” and have urged everyone to check out Bitcoin Evolution. However, this is a sales tactic by a known scam, claiming that some members earned their first...
Wuhan Days: What I Learned About Blockchain From Two Months Under Lockdown
8.4.2020
A DeFi professional describes life under quarantine in COVID-19's epicenter. When the next crisis comes, he says, blockchain tech will be ready to help
Bitcoin Takes Tumble, Traders Fret Correlation and Next Month’s Halving
1.4.2020
Bitcoin had another down day. How long the cryptocurrency follows stocks, and whether next month’s halving juices its price, remain open questions
Scammers Raise USD 4.9m in Ethereum in 2 Months + More News
1.4.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crime news
A South Korean scam operator has reportedly gathered around USD 4.9 million in ethereum (ETH) as part of a multi-level...
Crypto.com Waives Credit Card Fees for Crypto Purchases for 3 Months
1.4.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Crypto.com Waives Credit Card Fees for Crypto Purchases for 3 Months
Additionally, up to 20% back on essential purchases (food, groceries and delivery)
<HONG KONG, April 2, 2020> - Crypto.com announced...
Singapore Allows Crypto Companies to Operate Without a License for 6 Months
28.3.2020
The Monetary Authority of Singapore has granted an exemption from holding a license to a number of cryptocurrency companies operating in the country under the new Payment Services Act. Among the companies benefiting from this six-month grace period are Binance, Coinbase, Gemini, Bitstamp, Luno...