crypto news

$20,000 Bitcoin is back on the table if bulls clear this key resistance cluster. Bitcoin (BTC) price has been showing impressive strength in the previous weeks and today the price made a new 2020 high at $13,666. This momentum was made alongside weakness in the U.S. dollar and many analysts...

Can a technological fix really combat a corruption-ridden political order? Kyrgyzstan’s acting President and Prime Minister Sadyr Japarov has proposed introducing a blockchain-based system to ensure fair elections in the near future and restore public faith in the democratic process. On Oct...

The new guidelines describe how to prevent advanced technology from falling into the hands of foreign governments. Artificial intelligence, quantum information science and semiconductors are among the leading technologies that the US is seeking to protect under new guidelines. The White House...

It seems the review was already in process before the attack ever occured. Popular hardware wallet company Ledger recently announced that they had passed a notable security evaluation, known as SOC 2 Type 1. This certification came following a significant data breach the company suffered in...

Developers don't want to move too fast. The Bitcoin Improvement Proposals 340 through 342 were merged into the Bitcoin codebase on Thursday, signaling that the anticipated Taproot upgrade is ready. Taproot and the associated technology of Schnorr signatures are considered to be the most...

There ain't no such thing as a free lunch, however. Bancor is updating its protocol once more to defeat the insidious issue of impermanent loss, which it earlier called “DeFi’s dirty little secret.” Impermanent loss, also called divergence loss, affects exchanges based on automated market...

A new report shares a number of notably bullish sentiments with regard to Bitcoin and the larger crypto industry. In a recently released report titled Bitcoin Investment Thesis, Fidelity Digital Assets demonstrated how portfolio managers could increase their returns by allocating a portion of...

Ripple’s David Schwartz has revealed that he sold 40,000 Ether at $1 each as part of a risk management plan made with his spouse in 2012. Ripple’s Chief Technology Officer, David Schwartz, has revealed that he and his wife decided to make a “derisking plan” for their crypto investments in 2012...

The Bitfinex hackers have moved thousands of Bitcoins in 2020. Bitcoins (BTC) stolen from major cryptocurrency exchange Bitfinex back in 2016 are on the move again, as hackers shift another massive batch of funds to unknown wallets. According to data from crypto transaction tracking service...

Two thieves have destroyed the front wall of a deli in Canada after a failed attempt to steal a Bitcoin ATM. A delicatessen in the Canadian town of Kelowna, British Colombia has been severely damaged after two bumbling crooks attempted to steal a Bitcoin ATM installed in a store adjacent to it...

A 36-year-old man from Kerala was arrested under charges of cryptocurrency fraud. District police have arrested a 36-year-old man from the Malappuram district of the south Indian state of Kerala on charges of operating a cryptocurrency scam. Nishad has been charged under the Prize Chits and...

Criminals use SlothfulMedia malware to steal information, keylogging and modify files. The US Department of Defense and the US Department of Homeland Security spoke about malware that is being used by an unnamed group to carry out cyber attacks. CyberScoop sources said the criminals are...

The winning bidder will need to provide the auction house with a crypto address hosted on a registered, compliant trading platform. The Romanian authorities are set to host their first-ever auction of cryptocurrency, seized from a fraud case. On Oct. 2, the National Agency for the Management...

Holders of these coins have a new way to get passive income. Crypto exchange Bitfinex is now offering a way for holders of three different cryptocurrencies to earn up to 6.2% annual interest. According to a Sept. 30 announcement, Bitcoin (BTC) and Ether (ETH) holders are now eligible to earn...

Ethereum needs to fix its problems. As DeFi projects flock to Ethereum, experts warn the network is not yet ready to support the frenzy. Martin Froehler, a mathematician, former hedge fund manager, and founder of Austrian crypto trading platform Morpher, told Cointelegraph that although...

The Elasticsearch server was in the public domain on the web from 10 to 16 September. Security researcher Ata Hakcil of WizCase discovered an unsecured Microsoft-owned Elasticsearch server that contained over 6.5 TB of log files with 13 billion entries retrieved from the Bing Mobile search...

The rise of crypto-related crimes and money laundering cases is the result of the increasing mass crypto adoption. The modern world has become too small for comfort. The truth is that technological advancement is a double-edged sword, which has the potential to enhance human lives drastically...

Europe is one step closer to getting a concrete legal framework for digital finance. The European Commission is moving to provide more legal clarity and certainty for the cryptocurrency industry in its member states. On Sept. 24, the EC officially adopted a new digital finance package...

American authorities announced the sentencing of 39-year-old Nathan Francis Wyatt, a former member of the notorious hacker group The Dark Overlord (TDO). According to law enforcement officials, since 2016, Wyatt has been a member of the TDO, and these were the "golden years" for the group, when...

Colombia takes another important step towards regulating the nation’s crypto sphere. The government of Colombia has approved on September 22 a pilot program that calls companies to test crypto transactions until December 31 within the regulatory sandbox just passed by the country’s financial...