Blockchain & Cryptocurrency News

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Fri, 25 Sep 2020, 02:01 PM
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Institutional investors to‘dramatically’ increase their cryptocurrency holdings in the next 5 years, says survey

South Korean gaming regulator GRAC postpones rating for the blockchain-based game ‘Five Stars’

Blockchain is seen as the next big thing in the gaming industry. In fact, there are projections saying that the blockchain-based gaming economy could balloon in the coming years and potentially surpass the economy of...

Cryptocurrency analyst says Bitcoin supply decreasing as 1,500 BTC lost daily

User powerful computers also known as mining rigs, cryptocurrency miners operate 24/7 to bring in more Bitcoin (BTC) into the supply pool. However, a crypto analyst claims that the BTC supply is actually shrinking as there...

Worldwide Bitcoin ATM count exceeds 10,000

Cryptocurrency adoption has been steadily increasing that even mainstream financial institutions are now offering crypto-related services to their clientele. Another indicator that crypto usage is on the rise is the...

Bitcoin (BTC) miners given access to electricity from three plants in Iran

Since legitimizing cryptocurrency mining in July 2019, Iran has been taking measures to support registered firms such as the recent shutdown of 1,100 unlicensed Bitcoin (BTC) mining farms last month. Recently, the...

Gibraltar updates its regulations governing DLT firms

Gibraltar has updated its regulations on firms engaged in distributed ledger technology (DLT) business, which includes those offering blockchain-based services. The revision was done to include the latest FinanciaVl Action...

Norway’s sovereign fund indirectly owns 557.6 BTC via its investment in a business intelligence firm

With over a trillion dollars in assets, the Norwegian Government Pension Fund is the worlds largest sovereign wealth fund. But aside from owning 1.4 percent of the worlds stocks and shares, the fund also owns some...

Next Bitcoin bull run won’t be derailed by BTC miners selloff

Bitcoin managed to breach the $12,000 mark last month but a correction soon followed and pushed the price back down where it even briefly traded below $10,000. However, an on-chain analyst believes that selling pressure...

49 U.S. States agree to have one regulatory framework for cryptocurrency firms

For years, cryptocurrency investors have to brave the regulatory uncertainty facing the industry. Thankfully, U.S.-based crypto firms and investors can finally take a breather as regulators in 49 U.S. states finally agree...

Business

Paxful Venezuelan clients given a month to withdraw funds as P2P crypto exchange shuts down operations Thu, 17 Sep 2020, 04:28 am UTC

Paxful, the peer-to-peer (P2P) cryptocurrency exchange platform, will soon be shutting down its operations in Venezuela. As part of its closure, clients of the platform are given 30 days to withdraw their crypto funds from...

Paypal is restricting payments to merchants selling tardigrade-related items

Coinbase complains of Apple’s restriction on cryptocurrency and DeFi features of the crypto exchange’s app

U.K. crypto-friendly startup Revolut expands to Japan amidst growing demand for online services

Technology

PUBLISH awarded patent for blockchain-based fact-checking system for online content Mon, 21 Sep 2020, 07:10 am UTC

Blockchain-based publishing technology PUBLISH has been awarded a patent by the Korean Intellectual Property Office (KIPO) for a blockchain-based fact-checking system. The patent describes a method for fact-checking,...

IRS looking for software that can help it track privacy-focused cryptocurrency transactions

Hackers stole BTC, ETH, XRP, ALGO, TRON, Tezos worth $5.4 million from the Slovak crypto exchange Eterbase

Ransomware hackers demand $4M in Bitcoin from Argentina

Investing

Nasdaq and Hashdex’s new cryptocurrency ETF will be traded in the Bermuda Stock Exchange Fri, 25 Sep 2020, 05:34 am UTC

Investors will soon be able to get their hands on a new cryptocurrency exchange-traded fund (ETF) by Brazilian fund manager Hasdex and Nasdaq. The new investment product has been approved for trading on the Bermuda Stock...

Cryptocurrency beats gold, becomes the best-performing asset in 2020

Bitcoin ETP listed in leading stock exchanges in Switzerland, Germany, and Austria

Tether briefly ousts XRP as third-largest cryptocurrency by market capitalization

Insights

Strategist recommends Bitcoin (BTC) for ‘adventurous’ investors Mon, 14 Sep 2020, 06:21 am UTC

Cryptocurrency has slowly been making its way into mainstream finance with top banks already offering crypto-related services to their clients. In fact, a strategist of a Wall Street financial behemoth is now recommending...