Cryptocurrency News
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A resident of Australia laundered $3 million through bitcoin
A resident of Australia was arrested on suspicion of laundering AUD $5 million ($3.2 million) through bitcoins. She led the illegal trading platform, exchanging cryptocurrency for fiat, reports The Australian. A 52-year-old woman was detained at a mall in New South Wales. With her, they found more...
Pantera Capital CEO tells why rulers won't let stablecoins
Pantera Capital's founding partner and CEO Orchid (OXT), Dr. Stephen Waterhouse, said the US government would never allow private companies to challenge the dollar. In an interview that was recorded before the head of Telegram, Pavel Durov, officially announced the abandonment of the TON...
Glassnode analysts noted a decrease in major Ether holders
A report from the Glassnode platform said that since the beginning of 2020, the number of large holders or so-called “whales” has been declining. This week, on the Ethereum network, the number of addresses with 10,000 ETH and bleat dropped to 1,050. This is the lowest since last January. In...
Study: Coinbase users buy altcoins after buying Bitcoin
Most of the Coinbase exchange users who buy bitcoin diversify their portfolio with altcoins. This is evidenced by a study conducted by the company. According to these data, 60% of new Coinbase users buy bitcoin as their first asset. 24% of investors continue to store or buy only BTC, while 36%...
European Bank Bitwala offers deposits in bitcoins at 4.3%
The German online bank Bitwala has added support for deposits in bitcoins with an annual interest rate of up to 4.3%. Payments to customers are made weekly. The new feature came about through the partnership of Bitwala with the Celsius Network crypto-lending platform. As a result, the company...
$417 million in Bitcoins were transferred with a $1.44 fee
A transaction worth 47,835 BTC was seen on the bitcoin network. It cost only $1.44. Bitcoin Block Bot noticed the transaction. The transfer was equal to $417 million. Bitcoins were received at the address taking 16th place in the total amount of funds. It is noteworthy that the commission for the...
Vitalik Buterin has denied Ethereum 2.0 launch in July
Ethereum co-founder Vitalik Buterin said that he did not confirm the possible transition of the Ethereum ecosystem to stage 2.0 in July. In the crypto community were surprised at the statement of Buterin circulated by some media. So they turned to one of the Ethereum developers Afri Schoeden for...
After halving, bitcoin hashrate decreased by 16%
Bitcoin hash rate decreased by about 16% after the third decrease in block reward. According to estimates, the daily income of miners fell by about 44% after halving - from $ 16.1 million to $ 9 million. Most old miners, such as Antminer S9, are now unprofitable. Miners of the new generation -...
Bitcoin trading volumes rose 50 times since the last halving
From 2016 BTC trading volumes soared by 5000%, and market value increased by 1500%. According to Cryptowatch analysts, the average monthly trading volumes of bitcoin have increased 50 times over the past 4 years. In January 2016, this figure was $0.5 billion, and in April 2020 exceeded $27 billion....
DPRK hackers stepped up attacks on BTC companies and traders
The hacker group Lazarus has stepped up efforts to steal crypto coins against the backdrop of a pandemic, the Daily NK reports citing cybersecurity experts ESTsecurity. The main targets of cyber attacks are bitcoin traders and crypto companies around the world. Fraudsters send letters on behalf of...
15% drop in BTC rate caused BitMEX $226M positions loose
The price of bitcoin fell sharply from $9,500 to $8,100 at 7 AM Central time on May 10, losing 14.6% in just 10 minutes. Since then, the price has recovered to $8800. As a result of a sudden drop, the volume of liquidations of positions on the BitMEX crypto derivatives exchange reached $226...
Commissions in Bitcoin network grew by 300% before halving
The average commission on the BTC network has grown by more than 300% in anticipation of halving. According to the Bitinfocharts portal, on May 8, the average transaction cost soared to $3.19. Compared to April 26, when on average the commission's cost was $0.62, the growth exceeded 300%. The last...
22 new fake cryptocurrency extensions found on Google Chrome
More than 20 new extensions were found in the Google Chrome browser, posing as official products of crypto wallet developers. This is written by Naked Security. Fake extensions, including those that emulate Ledger, KeepKey, MetaMask, and Jaxx wallets, were found by security specialist Harry Denley....
Changpeng Zhao calls Peter Schiff "sheep in wolf's skin"
Binance CEO Changpeng Zhao tweeted that critic of bitcoin and “golden bug” Peter Schiff speaks more about digital assets than about his favorite precious metal. Oddly enough, most Schiff followers are proponents of bitcoin and cryptocurrencies, which attack him whenever he discredits...
Russia: "cryptocurrency specialist" stole $46.000 from a man
Moscow law enforcers verify the theft of 3.4 million rubles ($46.000) under the pretext of trading on the crypto exchange. According to TASS, citing the press service of the Ministry of Internal Affairs, a Muscovite met a fraudster in December 2017. The latter introduced himself as a cryptocurrency...
Bitcoin remains the most popular cryptocurrency in darknet
Bitcoin is used much more actively in the darknet than the privacy-oriented cryptocurrency Zcash. This is stated in a study by Rand Corporation commissioned by Electric Coin Company. Representatives of Rand Corporation emphasize that "the presence of Zcash in the darknet is negligible."...
Bitcoin price breaks $9500 mark
Today, May 7, the first cryptocurrency rose above the $9,500 mark. The price is already above the $9,485 mark reached on April 30. If movement continues, this mark will become a support level. The following screenshot shows that the dynamics of the price of bitcoin looks pretty good compared to...
The University of Cambridge launches Bitcoin mining card
A team from Cambridge University has released a tool that tracks the countries with the highest Bitcoin mining activity. The new tool was developed by the Cambridge Center for Alternative Finance (CCAF). It is a map on which the countries with the highest share of the monthly bitcoin network hash...
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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