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Latest Blockchain and Crypto News



Ethereum

Investors massively withdraw ether from crypto exchanges

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The largest altcoin ether (ETH) started this week with a strengthening of positions: the coin had risen in price to $370 after a pullback last weekend. As developers are preparing for the release of an updated version of Ethereum (ETH 2.0), investors are massively withdrawing cryptocurrency from...

Bitstamp

Bitstamp insured users' assets upon losses linked to frauds

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European cryptocurrency exchange Bitstamp has introduced a new insurance policy that covers the theft of funds from platform users. “In addition to existing cold wallet insurance, Bitstamp customers are now protected by a separate insurance policy against losses that are related to criminal...

Line in discussion with banks

LINE May Collaborate with Asian Central Banks

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South Korean officials announced that Line Corporation is launching a blockchain network which will allow central banks to develop digital ventures. Currently, the Japanese messaging major organization is in discussions with Asian banks. LINE is a Japan-based branch of South Korean firm Navel that...

Vinnik

Hearings in the case of Alexander Vinnik began in France

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A new series of court hearings have begun in the Paris Correctional Court in the case of Alexander Vinnik, co-founder of the now-closed cryptocurrency exchange BTC-e who was extradited from Greece to France. Vinnik faces up to ten years in prison on charges of extortion, money laundering, and...

BTC

Santiment mentions high correlation between BTC and S&P 500

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Over the past few days, the correlation between Bitcoin and the US stock indicator S&P 500 has increased again. That is an alarming trend, analysts from the Santiment team say. Their report says that the US market is now stagnating due to the upcoming presidential elections. The Federal Reserve...

Central bank of Canada

The Central Bank of Canada Taking Actions Towards CBDC

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The Bank of Canada is going to hire an economist with a profound knowledge of financial operations and digital currencies. This is connected with the Canadian Central Bank Digital Currency (CBDC). According to the job announcement, the economist will be responsible for monitoring and analyzing the...

Filicoin facing difficulties

Filecoin Miner Strike Faces Difficulties

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Recently launched Filecoin project is facing difficulties as miners use a token model for collective plugs, which isn't economically practicable. The long-waited Filecoin data storage project launched last week after 3-year since $250 M presale and ICO. A huge amount of Chinese FOMO advanced token...

Monero

Monero has updated the max after activating the Oxygen fork

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On October 17, the Monero (XMR) developers reported on the successful network upgrade of the project. Fork Oxygen Orion was announced back in September this year. The team said in a statement that the updated version of the network would become more productive. It will integrate tools that increase...

BTC price analyze

Analyst Finds it Possible BTC Go up to $20K in 3 Months

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Bitazu Capital establishing partner and crypto analyst Mohit Sorout thinks Bitcoin could rise to a new record high in 3 months when it gets out of the existing scope. The price of Bitcoin has been strengthening during the last months. According to Mohit Sorout's words, if the BTC breaks out...

Ethereum

Grayscale reported an increase in investments in Ether

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At the end of this week, investment company Grayscale announced an increase in capital expenditure on ether (ETH). Its Ethereum Trust now has accumulated $ 869.7 million. In total, Grayscale manages digital assets totaling up to $ 6.3 billion. Recall that the company sent an application for...

Tesla + CXhainlink

Now It's Possible to Manage Tesla Car Using Chainlink

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An outer adapter allows Tesla drivers to have access and change their status in Chainlink market. The system was developed in terms of Chainlink Virtual Hackathon by blockchain/DLT engineer Harry Papacharissiou. The prizewinners became known at the beginning of October. The Chainlink Virtual...

Bitcoin futures

Skew team recorded an increase in Bitcoin futures trading

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After Bitcoin rose in price to $ 11,700, analysts from the Skew team recorded an increase in trading in BTC futures. Researchers have noticed a resurgence of open investor interest in the product. Trading activity is picking up this week on most futures platforms, signaling a return for...

Tether

Tether stablecoin transaction volume reaches $600 billion

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Investments in the stablecoin Tether (USDT) continue to grow: the capitalization of this digital currency already exceeds $ 15 billion. Analysts from Bloomberg recently published a report predicting that USDT could knock out Ether (ETH) from the second-largest cryptocurrency in 2021. According to...

OKEx stoppeds withdrawals

The Founder of OKEx Has Been Questioned by the Police

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On October 16 OKEx suddenly stopped withdrawals. As it was reported, OKEx originator Mingxing Xu, also known as Star Xu, has been questioned by the police. The head of the company was asked nearly a week ago and hasn't attended to work for some time. The news comes shortly after OKEx delayed...

Ether

More than 50% of Ether hasn't moved in 12 months

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Investors continue to accumulate Ether (ETH), with buying gaining momentum over the past several months. Major players are most active. They buy altcoin and refuse to sell it even when the ETH price falls. For 12 months, more than half of the supply of Ether has not moved anywhere, according to the...

Mt. Gox rehabilitation plan postponed

Mt. Gox Trustee Rehabilitation Plan Prolonged

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Mt. Gox crypto exchange is known for encountering the largest crypto hack ever. As stated, the exchange lost a total of 1.35 million Bitcoin in two hacks in 2011 and then in 2014. It was based in Shibuya, Tokyo. In 2014 the organization closed its website and exchange platform applying for...

Dena innovates energy system

Germany Views Decentralizing Energy Industry with Blockchain

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Germany wants to develop its energy regularity cooperating with different blockchain firms. DENA (Deutsche Energie-Agentur) - internationally operating energy provider - considers transferring its power environment to a decentralized information base. Peter Mauric, the head of Parity Technologies...

JPMorgan

JP Morgan highlights Square's investment in Bitcoin

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One of the largest investment banks, JPMorgan, commented on earlier information about the decision of the IT company Square to invest in bitcoin. The financial giant believes this is another step towards popularizing the cryptocurrency industry. Recall that Square recently invested $50 million in...

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