China may be about to launch a fiat digital currency, but in all likelihood, it will only resemble a cryptocurrency on the surface.
China’s Digital Fiat Wants to Compete With Bitcoin – But It’s Not a Crypto
Crypto Exchange Coinbase Acquires Xapo’s Institutional Custody Business
Cryptocurrency exchange Coinbase has acquired the institutional business of cryptocurrency wallet and custody solution provider Xapo.
Binance Customer Data Is Leaking: Here’s What We Know and What We Don’t
Binance, the world’s largest cryptocurrency exchange by trading volume, said it’s investigating the alleged of leak tens of thousands of customers verification information.
Facebook Hires US Senator’s Former Aide to Lobby for Libra Cryptocurrency
Facebook has hired a former aide to the chairman of the U.S. Senate Banking Committee to lobby for its Libra cryptocurrency project.
Litecoin Just Halved Its Crypto Rewards for Miners
Litecoin, the fourth-largest cryptocurrency by market value, has just reduced its block reward for miners by half.
Bitcoin’s Computing Power Sets Record as Over 100K New Miners Go Online
The total computing power now dedicated to securing the bitcoin blockchain has set yet another record.
Justin Sun Apologizes to Regulators for Over-Marketing the Buffett Lunch
Justin Sun, founder of the Tron cryptocurrency, just issued a public apology in Chinese for his over-marketing conducts over the Buffett lunch.
Bitfinex Investor Raising $21 Million for Binance-Style Exchange Cryptocurrency
OTC trader Dong Zhao’s crypto lending startup has lined up $21 million in commitments for a BNB-like token sale.
Tron’s Justin Sun Denies Media Accusation of Illegal Crypto Fundraise
A Chinese news source said Sun’s postponement of the lunch with Warren Buffett may not be for health reasons as was claimed earlier today.
Trademark Troll? Someone Is Trying to Register ‘Samsung Coin’
Someone in South Korea appears to be trying to take advantage of Samsung’s blockchain efforts by nabbing the “Samsung Coin” trademark.
It’s Not Up to Facebook to Decide What Libra Is, Ex-CFTC Advisor Says
Security? Payment token? Utility token? Defining Facebook’s Libra won’t be easy, and it’s not Facebook’s call, says Jeff Bandman.
US May Bar Large Tech Firms From Issuing Cryptocurrencies
Lawmakers in the U.S. are discussing a bill that seeks to prevent large technology institutions in the country from issuing cryptocurrencies.
Japanese Exchange Bitpoint Hacked by $32 Million Worth in Cryptocurrencies
Bitpoint, a licensed cryptocurrency exchange based in Japan, has been hacked with $32 million worth in crypto assets stolen from the platform.
Singapore’s Stock Exchange Backs New Ethereum Security Token Platform
A new security token platform has launched with backing from Singapore stock exchange SGX and technical help from ConsenSys.
Bitcoin Mining Difficulty Posts Biggest Jump in 12 Months
Bitcoin mining difficulty has grown faster in the last two weeks than in any period since August 2018, a sign that competition is heating up.
NYAG: Bitfinex, Tether Served New York Residents Longer Than They Claim
The New York Attorney General’s Office (NYAG) has submitted a series of new evidence to prove the crypto exchange Bitfinex and Tether had served New York customers longer than it claimed.
Singapore Proposes to End GST Taxation on Cryptocurrencies
The Singaporean government’s taxation agency is proposing to exempt its goods and services tax (GST) on cryptocurrency transactions.
Former Ripple Exec to Lead Binance’s US Expansion as New Exchange CEO
The operator of Binance’s upcoming U.S. crypto exchange has hired a former Ripple executive to lead the roll out of the new platform.
Binance Exchange Is Launching Crypto Futures Trading Platform
Binance is planning to roll out futures trading and a test version could be launched in about two weeks time from now.
It’s Now Harder to Mine Bitcoin Than Ever Before
Bitcoin mining has become competitive than ever, new network data shows.