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Binance

Binance announces quarterly Bitcoin futures launch

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Binance announced the launch of quarterly BTC futures. Since 2019, Binance has been offering futuristic futures contracts with no expiration dates. Quarterly contracts expire on the last Friday of the corresponding three-month period. Like perpetual contracts, quarterly futures are offered with...

Tether

Tether technical director explained rise in USDT market cap

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Tether (USDT) capitalization is now about $ 9.2 billion. According to experts, soon, this figure will reach $ 10 billion, which is a very good signal for the cryptocurrency industry. Paolo Ardoino, technical director of Tether, a development company, said that the increase in the capitalization of...

Ukraine crypto law

The bill "On virtual assets" is introduced in Ukraine

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On June 11, the Verkhovna Rada of Ukraine registered the draft law "On Virtual Assets", which introduces cryptocurrencies in a regulated plane and obliges exchanges to register with the Ministry of Digital Transformation. The final version of the document has undergone changes. In...

QuadrigaCX fraud

Regulator: QuadrigaCX went bankrupt due to founder's fraud

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The bankruptcy and subsequent closure of the QuadrigaCX cryptocurrency exchange were caused by fraudulent actions by its founder Gerald Cotten. This is evidenced by the results of the investigation of the Ontario Securities Commission (OSC). The regulator studied data on 368,000 accounts and the...

YouTube

YouTube scammers cheated users and gained about $150,000

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Several scammers hacked into legitimate YouTube accounts and modified the content to mimic the “SpaceX channel from Elon Mask.” The Channel broadcast archived footage with Mask to ask viewers to send bitcoins to the specified addresses. Also, there were at least 80,000 views of the fraudulent...

Bitmain

Bitmain confrontation ruins supply of ASIC miners to clients

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After taking over Beijing's Bitmain office, the removed CEO Mikri Zhang regained control of it and even blocked the supply of ASIC miners from the Shenzhen plant. According to the Chinese publication BlockBeats, Zhang has issued an order that prohibits employees from sending products to Bitmain...

Ethereum accounts

The number of Ethereum addresses exceeded 100 million

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According to Etherscan, the number of addresses of the second cryptocurrency reached 100 million. The figure, ten times the number of Internet users in 1995, indicates the promising prospects of the DeFi sector, said Defiant project founder Camila Russo. Ethereum has 100M addresses 5 yrs after its...

Belarus bank token

Bank of Belarus offers banks an experiment to issue tokens

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The financial regulator of Belarus plans to attract banks to create and implement transactions with tokens. It is reported by Sputnik Belarus. According to the draft decree, financial institutions will be able to issue utility tokens and conduct their initial proposals to attract financing in...

Busan

Busan provides access to public services via blockchain app

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Busan, the second-largest South Korean city, will provide residents with access to public services through a blockchain identification application from Coinplug. Korean startup Coinplug is still working within the framework of the so-called regulatory sandbox, organized by local authorities. The...

Russia bitcoin law

Russia: Ministry of ED criticized the bill banning bitcoin

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The Ministry of Economic Development of Russia sent a letter to the State Duma criticizing a new package of bills regulating digital currencies and assets. According to Kommersant, the ministry believes that a complete ban on the issuance and circulation of cryptocurrencies, as well as the...

Bitcoin report

Report: Bitcoin's on-chain activity increased in May by 21%

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The average daily value transferred through the Bitcoin blockchain increased in May from $1.75 billion to $2.25 billion. Ethereum's corresponding figure rose from $1.49 billion to $1.66 billion. This is reported by The Block. The graph below shows that the daily moving value almost reached the...

Tether

Tether's market cap approaches $10 billion

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The capitalization of the most comprehensive stablecoin Tether (USDT) is gradually approaching $ 10 billion. Now, this figure is just over $ 9.2 billion. Paolo Arduino, CTO of the development company, recently said that his team has minted $ 5 billion worth of coins over the past six months. At the...

Winklevoss brothers film

Greg Silverman will shoot a film about Winklevoss brothers

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Ex-president of Warner Bros. Entertainment Greg Silverman will make a film about the Winklevoss brothers based on Ben Mezrich’s Bitcoin Billionaires. It is reported by Deadline. The film tells about the twins' path to the top of the cryptocurrency industry from its early stages. In an interview...

Crypto ransomware

Report: crypto ransom amounts increased by 300% since 2018

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Over the past two years, crypto-ransomware hackers have increased the average ransom amount by 200%. This is stated in the report of the company Crypsis Group. In 2019, the average buyback amounted to $115,123. The median amount increased by 300% from the first quarter of 2018 and reached $21,700....

Coinmarketcap

CoinMarketCap defined BitMEX crypto exchange at 175th line

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The popular CoinMarketCap service again found itself at the center of the scandal, setting BitMEX to the 175th place in the rating of crypto exchanges. Note that at the end of May, the same trading floor in this rating was on the third line. Users of social networks periodically criticize the...

Charles Hoskinson

Cardano founder urges crypto community to create a “union”

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According to Cardano founder Charles Hoskinson, the crypto community should create a kind of "union" to uphold the interests of the industry. This point of view was expressed recently by the leader of the altcoin development team on YouTube. He stressed that recently, attacks on the...

China

Chinese police freeze OTC trader bank accounts

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Over-the-counter crypto trader Sun Xiaoxiao on Friday, June 5, announced on his Weibo page that his bank accounts had been frozen. According to Sun, this is due to an investigation by the police about cryptocurrency transactions related to illegal activities. He claims that these measures could...

Coinbase

Reason for Coinbase failures was a 5-fold rise in traffic

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Coinbase, the largest cryptocurrency exchange in the United States, said that its systems could not cope with a huge surge in traffic amid the rapid rise in bitcoin prices to $ 10,000 in early June. In a Coinbase blog post published on June 6, it said that the exchange experienced a 5-fold surge in...

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