Blockchain & Cryptocurrency News

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Thu, 03 Dec 2020, 08:22 PM
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PayPal CEO bullish on crypto and sees it becoming less volatile with increasing adoption

Bitcoin (BTC) has the potential to involve into a global asset, says BlackRock CEO

While Bitcoin (BTC) slid back down to its current price of around $18,800 after soaring past $19,000 recently, the worlds largest cryptocurrency by market cap has already made massive gains since last month when it traded...

Venezuela’s military starts to mine Bitcoin (BTC) via its new crypto mining center

Cryptocurrency usage in Venezuela surged as its citizens turned to digital currencies to counter the devaluation of the bolivar. Now, even the countrys military is turning into Bitcoin (BTC) mining as a source of...

Libra crypto launch could happen in January 2021

Libra, Facebooks cryptocurrency, might already be launched by January 2021. However, reports suggest that the social media company will be launching a scaled-down version of its original plan. Facebook is reportedly...

Bitcoin (BTC) theft and fraud will rise in 2021 as poverty increases due to the COVID-19 pandemic

A recent report from the cybersecurity specialist Kaspersky said that cryptocurrency-related crime will likely increase next year. Most of these attacks will be targeting Bitcoin (BTC) as it will become more attractive as...

Bitcoin (BTC), Ether (ETH), Litecoin (LTC), other cryptos now accepted in Pizza Hut stores in Venezuela

Pizza Hut Venezuela is now accepting cryptocurrencies, such as Bitcoin (BTC) and Litecoin (LTC), as payments for ordered food and drinks. The U.S. pizza chain joins Burger King, Intercontinental Hotel, Traki, and other...

Cypherpunk recalibrates crypto portfolio by buying Bitcoin (BTC) and selling Ether (ETH) and Monero (XMR)

A growing number of companies are including cryptocurrency in their treasury asset mix, most of which are in Bitcoin. Recently, a publicly listed Canadian investment firm announced its acquisition of additional BTC which...

Guggenheim Partners planning to invest $497M in Bitcoin (BTC)

Another Wall Street institution has decided to invest in cryptocurrency. Guggenheim Partners, a $275 billion financial services company, has filed an amendment with the U.S. Securities and Exchange Commission to allow it...

Bitcoin to rise by 20X as $15 trillion of investments enter into BTC and gold in a decade

Bitcoin (BTC) climbed above $19,000 before a correction dragged it down below $17,000. However, a well-known veteran macro investor remains bullish on the cryptos long terms potential and even expects its price to increase...

Ukraine launches cryptocurrency and blockchain TV series

With the rising crypto market, interest in digital assets is on the rise once more. Ukraine wants to educate its citizens with the launch of an education cryptocurrency and blockchain television series. Released by the...

Business

Crypto exchange Huobi expands in Malaysia Fri, 27 Nov 2020, 16:55 pm UTC

Crypto exchange Huobi is now eyeing a share of the Malaysian cryptocurrency market. The company announced the launch of a Huobi-branded exchange that will operate in Labuan. The Singapore-based cryptocurrency exchange...

Crypto investors move Bitcoin from OKEx after platform reactivates withdrawal function

Australian investment firm moves to Bitcoin due to client demand

PayPal Crypto user complains of suspended account for trading too frequently

Technology

Suzhou City getting ready for digital yuan’s second lottery Mon, 23 Nov 2020, 15:03 pm UTC

To boost usage of Chinas central bank digital currency (CBDC), Shenzhen City gave away 10 million digital yuan to lucky citizens in October. A second digital yuan lottery is already being planned and will be held next...

Blockchain-based voting systems can be compromised, says MIT researchers

Ransomware hackers demand $11M in Bitcoin from Capcom

Nigeria expects blockchain technology revenues to reach up to $10B in a decade

Investing

XRP, Stellar, and Cardano beat Bitcoin (BTC) in weekly gains Tue, 24 Nov 2020, 17:04 pm UTC

After having surpassed $19,000, Bitcoin is in the headlines recently as cryptocurrency market watchers are waiting with bated breath to see if it could sustain its climb, soar higher than its December 2017 peak, and...

Bitcoin (BTC) surges past $19K as cryptocurrency’s market cap surpasses JPMorgan

Coinbase’s cryptocurrency under custody more than tripled to $20B in just seven months

Bitcoin (BTC) ownership among millionaires will soar to 73% by 2022

Insights

A third of U.S. crypto investors feel ICO founders deceived them intentionally Thu, 03 Dec 2020, 17:26 pm UTC

With almost 80 percent of ICO in 2017 reportedly being scams, a study sought to gauge how the craze might have affected crypto investors sentiments. The survey revealed that almost a third of the respondents felt that ICO...