Cryptocurrency News
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Weiss urges investors to stop using Tether
Analysts from the Weiss rating agency urged investors not to use the stablecoin Tether (USDT). They posted a tweet on Twitter and noted that the acquisition of this tool carries enormous risks. #Bitfinex's vaults are not publicly auditable and there have been many allegations that #USDT is not...
BitGo will issue Wrapped Ether and Wrapped Bitcoin on Tron
The Tron Foundation has partnered with custodian company BitGo to issue two new tokens - Wrapped Ether and Wrapped Bitcoin (WBTC). WBTC is going to be represented as a TRC20 token pegged to BTC 1:1. WBTC was the first token to make BTC cooperative with the Ethereum blockchain. There are currently...
Investor's interest in Bitcoin is growing
According to Steve Ehrlich, co-founder of Voyager Digital, investors continue to dive into bitcoin amid global economic uncertainty. The cryptocurrency confirms the status of a haven asset. Ehrlich said: "Bitcoin is extremely resilient, and as it spreads further, it proceeds to position itself...
Security is everything in the cryptocurrency market
There is no secret that the cryptocurrency market is quite the wild west. In 2017, 78% of the ICOs conducted have been identified as scams. In May 2018 the Bitcoin Gold blockchain suffered a 51% attack and lost more than $18 million. The attackers targeted several exchanges to extract the...
Binance's BUSD is Joining Flow Blockchain
This week Dapper Labs acquired another important stablecoin. BUSD coin pegged to the U.S. dollar and is pretty popular. It is one of coins to have received regulatory authorization from the New York State Department of Financial Services. As for Dapper Labs, it represents blockchain-based games...
Uniswap token transaction cost jumps to $50
On Ethereum, transaction fees continue to rise due to network congestion. This trend the day before led to a record daily income of miners. After the start of the distribution of Uniswap tokens, the income of Ethereum miners reached $ 938,000 in just one hour. Analysts of the Glassnode platform...
BTC will fall if a vaccine against COVID-19 is found
According to the financier and author of the famous book "Rich Dad Poor Dad" Robert Kiyosaki, precious metals and bitcoin will collapse in value if a vaccine against COVID-19 appears in the world. The emergence of such a drug will create conditions under which investor interest in...
Uniswap is introducing UNI token
Uniswap unveiled its UNI token on September 16. The platform is going to issue 1 billion tokens over four years. 60% of this amount will be designated to community members, 21.51% - team members and future workers, 17.80% of it is going to be assigned to investors with a four-year transition...
Buterin's Tweet spurred the growth of another DeFi Token
Pickle Finance (PICKLE) is another food-themed token that surged from a low of $ 4.41 (September 12) to a high of $ 85.24 (September 14). Pickle Finance is being used for "profitable farming" and aims to "eliminate volatility in the four largest stablecoins in the DeFi market."...
FATF will help crypto exchanges identify dubious activities
Each exchange must create a database of traders to combat the illegal use of digital currencies. That is stated in a statement by the Financial Action Task Force on Money Laundering (FATF). This organization has repeatedly pointed out the need for detailed identification of cryptocurrency holders....
One more TV host believes that interest in bitcoin will grow
Of the popular TV presenters, not only Max Keiser is interested in bitcoin. There are at least two leading news outlets on CNBC that believe cryptocurrency has tremendous potential. That is Joe Kernen and Jim Kramer. The first one said last year that the May halving of bitcoin (reduction of the...
Ethereum developer activity on GitHub hits seven-month high
Amid the preparations for the ETH 2.0 update and the development of the DeFi market, Ethereum has the highest developer activity in the past seven months. That is stated in the report of the Santiment team. The researchers drew attention to the activation of the creators of services based on...
DOT and BNB can change their position in Top 10 rankings
Binance Coin is the 5th and Polkadot the 6th highest crypto assets by market capitalization getting ahead of Chainlink and Bitcoin Cash. The status of the top 10 coins doesn't stay the same. At the moment, BNB ranks the 5th and Polkadot the 6th by market capitalization. They had taken the place of...
Yearn.finance's steps to joining Coinbase.pro
On September 14 YFI, the governance token of Yearn.finance will be listed on Coinbase Pro. The token is pretty popular and now is trading at $34,271. Its market cap is $1 billion. All this success was recorded despite Andre Cronje's introduction that the token has no value. There is no need to buy...
Venezuela unables Coinbase and MercaDolar
One of the digital outreach groups in Venezuela announced that the authorities have prevented user entrance to Coinbase and open currency market MercaDolar. The reasons aren't clear yet, but internet service providers (ISPs) were involved in these actions as their IPs are included in a DNS...
UK Ziglu Bank Goes Peer-to-Peer with Crypto
Ziglu, which is a London-based challenger bank, has lately been licensed as an Electronic Money Institution (EMI) by the U.K.’s Financial Conduct Authority. The fintech then started peer to peer payments for both digital and fiat funds. Zigu co-founder and CEO Mark Hipperson informed that the...
The shocking success of YFI
Yearn.finance, which is a governance token reached $38,682 a few days ago. It got ahead of Bitcoin almost twice. The factors that had an impact on this success are the listing to the Aave platform, powerful technicals and partnerships. The collaboration with the exchange FTX is expected in the near...
Hacking attempt against Tesla failed
The FBI has arrested one of the main criminals trying to hack Tesla for $4 million Bitcoin price Tesla and FBI managed to prevent an attack against "Gigafactory". Egor Igorevich Kriuchkov, a Russian citizen was arrested in Los Angeles. It was found out that he tried to steal Tesla's...
Cryptocurrency came to us in 2009 and became a twofold phenomenon. Many think these assets will bring freedom to the traditional financial system: many suppose they can give opportunities to scammers and fraud. But no matter what, everyone understands that crypto has become a serious game-changer in world economics.
Cryptocurrencies are becoming more and more popular day by day. One of the reasons for that is P2P transactions. People can send money to each other without bank mediation, faster and cheaper.
Nowadays, more than 2000 crypto coins are operating on the market. Because of active tradings with high volumes, the crypto market regularly improves. And when some people rely only on technical analysis of the market, others need to know what happens fundamentally. And here is where Blockchain Today can help.
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