Japan’s minister of finance questioned crypto terminology, a company joined the Japan Security Token Association and more headlined news from Japan this past week. This week’s headlines from Japan included Japan’s minister of finance spurring conversation on crypto terminology, Merkle Science joining the Japan Security Token Association, Fobi Japan listing its own token, and Coincheck […]
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Once Ethereum becomes a proof-of-stake blockchain, what will happen to the ETH miners, and what will they do? As Ethereum is finally set to launch its Ethereum 2.0 upgrade later this year, putting an end to a long streak of delays, the network will start moving toward a proof-of-stake model. Consequently, the network will abandon […]
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Crypto analytics firm Glassnode reported 80% of the supply of the second largest cryptocurrency by market cap was in profit on June 10. According to crypto analytics firm Glassnode as of June 10, more than 80% of the Ether supply was in profit — leading to fears of a price drop. Glassnode posted a chart […]
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DeFi hits new heights with more than 1,000 new assets added in May and total user numbers reaching 550,000. Decentralized finance (DeFi) continues to grow at an exponential rate with the number of new DeFi assets increasing by almost ten fold over the same time last year. Zerion DeFi project founder Evgeny Yurtaev shared a […]
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Strengthening network fundamentals support the bullish case for Bitcoin price one month after the halving. Cointelegraph Markets’ post-halving Bitcoin (BTC) analysis report takes a deep look at the 2020 halving, its effect on the crypto market and miners, and how it compared to the previous halving events. The three main sections of this report are: […]
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The Leicester Crown Court confiscated over $2.29 million from an online drug kingpin who ran a darknet store from the attic of his home. The Leicester Crown Court ordered the seizure of over £1.8 million ($2.29 million) on June 8 from a UK individual who operated a multi-billion crypto drug empire from the attic of […]
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Chainalysis calls the ‘privacy coin’ bluff — adds support for Zcash and Dash, calling Dash a ‘privacy coin’ is a ‘misnomer.’ On June 8, Chainalysis announced support for privacy coins Zcash (ZEC) and Dash (DASH) making it easy for the law enforcement to track them. Calling Dash a privacy coin is a misnomer The company […]
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Bitcoin reserves on cryptocurrency exchanges sank to a 12-month low, indicating investors are accumulating BTC. According to data from glassnode, Bitcoin reserves on cryptocurrency exchanges fell to a 12-month low. This coincides with a reported mass outflow of BTC from Coinbase. On June 6, various media outlets reported that Coinbase may sell its blockchain intelligence […]
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Experts believe that a more holistic crypto ecosystem, especially one that is more AML-centric, is needed to help prevent the spread of crypto scams in 2020. Per a new report released by digital-asset intelligence firm CipherTrace on June 2, the value of ill-gotten funds siphoned through cryptocurrency crimes over the first five months of the […]
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The Antminer T19 by Bitmain may not have a big impact on the Bitcoin network, and it comes out amid the firm’s internal and post-halving uncertainty. Earlier this week, Chinese mining-hardware juggernaut Bitmain unveiled its new product, an application-specific integrated circuit called Antminer T19. The Bitcoin (BTC) mining unit is the latest to join the […]
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