Grayscale Investments has added 19,879 BTC to its Bitcoin Trust in the last week, purchasing Bitcoin faster than the tokens can be mined. Grayscale Investments has purchased almost half a billion dollars in Bitcoin since the May block reward halving, and this week bought BTC around three times faster than miners could produce blocks. According […]
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Tokai Tokyo Financial Holdings, a major Japanese traditional financial institution, is working towards launching a digital security exchange in Japan. Tokai Tokyo Financial Holdings, one of the major traditional Japanese financial institutions, has unveiled a plan to develop a security token exchange. Tokai Tokyo is already an investor in Huobi Japan. According to Nikkei, as […]
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Bitcoin price recovered from its drop below $9K but traders expect increased volatility ahead of Friday’s $1.06 billion BTC options expiry. Since briefly tumbling below $9,000 on June 24, Bitcoin (BTC), the top-ranked digital asset on CoinMarketCap recovered today to trade in the $9,300 range again. The swift recovery occurred as traders continue to anxiously […]
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CryCyptor ransomware poses as a government-backed COVID-19 Android tracing app to deploy its attack. A new ransomware called CryCryptor is targeting Canadian Android users. It is distributed via multiple websites that pose as portals for a government-backed COVID-19 tracing app. According to research published by ESET on June 24, CryCryptor appeared shortly after Canada’s government […]
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Even a 15% correction won’t help bears as Bitcoin price remains bullish ahead of Friday’s record $1.06 billion BTC options expiry. This Friday’s Bitcoin (BTC) futures and options expiry has been causing anxiety and excitement amongst traders as the price has oscillated with no clear trend for the past 30 days. There have been moments […]
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Abramoff and the founder of AML Bitcoin face charges for fraud in misrepresenting the token’s compliance, with the founder himself facing jail time for money laundering. On June 25, the United States Securities and Exchange Commission charged the issuer of AML Bitcoin — not to be confused with Bitcoin itself — with conducting a fraudulent […]
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Crypto prices on the secondary market may depend on how much information is given to stakeholders says fintech researchers. Researchers suggest that utility token issuers should provide basic levels of transparency to the public before listing on exchanges. They say that doing so may increase stakeholder confidence and attract new market participants. This is the […]
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BRD has added Hedera’s HBAR coin to its digital asset wallet, in addition to the project’s Blockset integration. BRD recently updated its wallet compatibility, allowing storage of Hedera Hashgraph’s HBAR coin. “In addition to the integration in the BRD consumer wallet, Hedera’s network data will be supported in BRD’s recently launched enterprise-grade blockchain data integration […]
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As Libra and COVID-19 give a push to CBDCs, some projects are looking to dethrone the main international currency. As central bank digital currencies continue to be researched and tested by countries across the globe, it becomes more apparent that the United States dollar’s reign might be challenged once the concept is implemented on a […]
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SophosLabs published a study that revealed hackers use the blockchain network to share secret messages. A group of researchers from SophosLabs state that hackers operating the cryptojacking malware, Glupteba, have been using the Bitcoin blockchain network to communicate in secret. According to the report published on June 24, cybercriminals rely on a command and control […]
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