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Fri, 03 Jul 2020, 11:53 PM
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FCA reveals that 2.6 million Brits bought cryptocurrency in the past 12 months

Bitcoin supply won’t be able to keep up with demand in eight years fueling price hike

Demand for Bitcoin, the worlds largest cryptocurrency in terms of market capitalization, by retail buyers is on the rise. If the trend continues, the number of tokens mined per day might not be able to keep up with retail...

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

Decentralized finance (DeFi) liquidity provider Balancer Pool was attacked by a hacker on Sunday resulting in a loss of almost half a million dollars worth of cryptocurrency. Using a sophisticated method that exploited a...

The reasons why Bitcoin developers choose to use pseudonyms

Theres an ongoing trend within the cryptocurrency space and in the Bitcoin sphere in particular. While there are developers who use their real names, a sizable portion opted to use pseudonyms for a variety of...

University pays hackers more than a million dollars worth in Bitcoin in ransomware attack

A ransomware attack targeted a university in California recently affecting some servers in its School of Medicine. Unfortunately, the affected files proved to be very important as the educational institution gave in to the...

Vanguard brings blockchain into foreign exchange as it readies platform for Q3 2020 deployment

The Vanguard Group is harnessing the latest technology to improve its transaction processing. The Valley Forge, Pa.-based investment company has partnered with technology provider Symbiont, to create a blockchain pilot for...

Telegram to pay cryptocurrency investors $1.2 billion and $18.5 million to the SEC

Telegram and the U.S. Securities and Exchange Commissions dispute is finally ending with the filing of the cases final judgment. In the document, Telegram is ordered to pay back $1.2 billion to cryptocurrency investors as...

Bitcoin rally could already happen next month, says analyst

The price of Bitcoin has been fluctuating somewhere between $9,000 and $9,200 lately. But a well-known cryptocurrency analyst, who has developed a new BTC pricing model based on historical data, believes that a bull market...

Australia cyberattack exploited vulnerability usually used in cryptojacking malware attacks

The cyberattacks on Australian networks last June 19 were done by a group state actors, according to a recent report released by the Australian Cyber Security Centre. The ACSC said that the attack exploited one of the...

Business

OTC cryptocurrency traders under increased scrutiny by Chinese authorities Fri, 03 Jul 2020, 13:38 pm UTC

Chinese authorities have been ramping up efforts to curb illicit economic activities. To speed up its investigations, the countrys law enforcement is now reportedly detaining over-the-counter (OTC) cryptocurrency...

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

Moscow’s blockchain-based polling system has a bug that can expose how people voted, claims research Fri, 03 Jul 2020, 07:38 am UTC

Russias new blockchain-based polling system might not be as secure as previously assumed. A recent report revealed that there is a bug in the system, one that might be exploited to allow a third party to view how people...

Australian company uses blockchain technology to trace limited-edition shoes

Ethereum fees surging to their 2-year high could negatively affect the network

After cryptocurrency, blockchain is about to make a big splash in the gaming industry

Investing

Cryptocurrency trading platform GPay closed by UK High Court Fri, 03 Jul 2020, 02:19 am UTC

The U.K. High Court ordered GPay to be wound up in the public interest. The cryptocurrency trading platform was accused of scamming crypto traders by using fake endorsements by celebrities. UKs Insolvency Service posted...

SEC files charges against lobbyist Jack Abramoff for fraud in AML Bitcoin ICO promotion

Shopin cryptocurrency investors unhappy with the court’s verdict in SEC’s case against Eran Eyal

EOS number 1 while Bitcoin placed only 12th in Chinese ranking

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...