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Durov

Telegram officially abandoned TON and Gram tokens

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In a message dated May 12, Telegram CEO Pavel Durov announced that after a long struggle with the SEC, his company officially terminated its participation in the TON and Gram projects, which were launched in 2017. In his post entitled “What is the TON project, and why was it stopped?” Durov...

Youtube

YouTube disabled live streaming of Cointelegraph

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YouTube video hosting has disabled the live streaming of the halving process hosted by the Cointelegraph website. The Cointelegraph intended to broadcast live the third BTC halving, which took place on May 11 at 2 PM Central Time. Before the interruption of the broadcast on YouTube, Tim Draper,...

Buterin

Ethereum 2.0 will be launched in July

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At the Consensus: Distributed conference on Monday, May 11, Vitalik Buterin announced that the launch of Ethereum 2.0 is going to begin in July. The update, also known as Serenity, has been repeatedly delayed. It was incipiently planned for January 2020, then moved to the second quarter, and then...

Bitcoin halving

Bitcoin trading volumes rose 50 times since the last halving

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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....

Lazarus steal cryptocurrency

DPRK hackers stepped up attacks on BTC companies and traders

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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...

New York City District Court

The court made Telegram report on all transactions of Grams

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The New York City District Court inquired Telegram to present the SEC with all information about the placement of the Gram digital currency. Pavel Durov’s advocates and delegates of the US regulator will meet to discuss the terms of transaction disclosure between the organization and investors....

BitMex

15% drop in BTC rate caused BitMEX $226M positions loose

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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...

commision in Bitcoin network

Commissions in Bitcoin network grew by 300% before halving

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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...

fake crypto wallets Google Chrome

22 new fake cryptocurrency extensions found on Google Chrome

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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....

SEC

Telegram agreed to transfer part of TON documents to SEC

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The team of Pavel Durov agreed to transfer part of the documentation about his crypto project Telegram Open Network for consideration by the SEC. That was reported the day before by business media concerning the press center of the American regulator. Reporters learned that Telegram is ready to...

Peter Schiff

Changpeng Zhao calls Peter Schiff "sheep in wolf's skin"

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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...

crypto fraud Russia

Russia: "cryptocurrency specialist" stole $46.000 from a man

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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 in darknet

Bitcoin remains the most popular cryptocurrency in darknet

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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 9500

Bitcoin price breaks $9500 mark

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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...

Bitcoin mining card

The University of Cambridge launches Bitcoin mining card

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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...

Bitfinex

Bitfinex launches perpetual swap on BTC dominance index

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The Bitfinex crypto exchange launched a perpetual swap that allows traders to speculate on the dominance of bitcoin on the index. BTC dominance index - the share of BTC in the total crypto market capitalization - is a popular metric that many in the crypto community are following. The exchange...

Amun

Amun launches ERC20 token to earn on Bitcoin price drop

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Amun issued its BTCSHORT ERC20 token on May 6. The new currency allows traders to profit from a drop in the rate of BTC. This token will complement other Amun exchange-traded products (ETP), which are controlled by a 21Shares subsidiary. Hani Rashwan, Amun's CEO, commented that BTCS is structurally...

Digital Yuan

Ex-Head of Bank of China is sure digital yuan replaces cash

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According to the former administrator of the Bank of China, Li Lihui, the launch of the digital version of the yuan is already inevitable. Regulated Token (CBDC) will replace cash in the future. China is currently testing the digital version of its currency. The largest companies and banks of China...

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