Blockchain & Cryptocurrency News

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Sat, 11 Jul 2020, 07:32 AM
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Crypto derivatives volume shrinks in June but institutional interest gaining momentum

Hackers could exploit a known Bitcoin Lightning Network vulnerability to loot BTC says study

The Lightning Network is seen as the solution to some of the Bitcoin blockchains issues such as congestion and high transaction fees. But a recently released study reveals that sophisticated hackers might be able to loot...

Corporations hesitant to accept cryptocurrency but demand for crypto payment services is growing

Just last month, the cryptocurrency community was abuzz with rumors that one of the largest online payment systems of the world might be planning to go enter into the digital currency space. According to various reports,...

Kirobo lets users retrieve cryptocurrency sent to a wrong crypto wallet

Perhaps the costliest possible blunder a cryptocurrency owner can make is to send some tokens to a wrong crypto wallet address. But an Israel-based startup claims that it has developed a technology that will allow senders...

Bitcoin scam leaks personal data of 250K cryptocurrency investors from 20 countries

A massive leak involving the personal data of thousands of cryptocurrency investors was recently uncovered by a Singapore-based intelligence firm. It was also revealed that data was obtained via a global Bitcoin scam that...

Austrian cryptocurrency users can now pay using BTC, ETH, and DASH in over 2,500 merchants

Its now a lot easier for Austrian cryptocurrency users to make payments for goods and services using their tokens. Payment processor Salamatex partnered with the A1 Payment, one of the countrys largest telecom firms,...

Japan explores universally accessible and resilient central bank digital currency system

China might have had a head start but Japan isnt too far behind in the race for a central bank digital currency. Bank of Japan (BoJ) is reportedly testing the feasibility of issuing its own CBDC by exploring it from a...

Bitcoin mining revenue declines in June due to halving and low fees

Bitcoin mining experienced a massive drop in revenue in June compared to the previous month. A recent report revealed that revenue in the sector decreased by almost a quarter compared to last Mays revenue. Bitcoin...

Business

Cryptocurrency address with $100,000 USDC frozen by Centre Consortium Fri, 10 Jul 2020, 05:09 am UTC

A cryptocurrency issuer blacklisted an ethereum address that contains $100,000 in USDC. While the company did not fully disclose the reason for its action, it explained that the move was in response to a request from law...

Tether (USDT) market cap surges past $10B as valuation rises 144% since January

Beowulf Blockchain Establishes A Strategic Partnership with Thien Tu, Empowering It to Achieve Customer Service Excellence

Beowulf Blockchain Partners with Fulbright University to provide First-rate Distance Education Programs

Technology

Sophisticated DDoS attack delays AVAX token sale Fri, 10 Jul 2020, 00:58 am UTC

Cryptocurrency community members had to postpone their participation in the AVA Labs Avalance (AVAX) token sale. Originally scheduled for a July 8 launch, the sale had to be postponed a week later due to a...

Moscow’s blockchain-based polling system has a bug that can expose how people voted, claims research

$450K worth of cryptocurrency stolen by ‘sophisticated’ hacker from DeFi Balancer Pool

The reasons why Bitcoin developers choose to use pseudonyms

Investing

BTC bull Mike Novogratz says cryptocurrency investors should own more gold than Bitcoin Fri, 10 Jul 2020, 09:12 am UTC

Cryptocurrency investor Michael Novogratz is a known Bitcoin bull. In fact, he predicted a few months back that BTCs price will reach $20,000 by the end of 2020. Despite believing in the Bitcoin prices eventual rise, he...

Only 23 percent of Bitcoin investors have a documented plan for their crypto assets in case they die

OTC cryptocurrency traders under increased scrutiny by Chinese authorities

FCA reveals that 2.6 million Brits bought cryptocurrency in the past 12 months

Insights

It’s ‘premature’ to tax cryptocurrency in South Korea, says economist Thu, 25 Jun 2020, 15:56 pm UTC

The governments plan to impose taxes on cryptocurrency transactions might be a bit premature at this point, according to an economist. Sung Tae-yoon, an economist from the Korean Yonsei University economist, expressed his...