The Binance China Blockchain Institute has partnered with a state-level enterprise to jointly develop new digital infrastructure for small and medium enterprises in the country. Binance’s new blockchain research institute in China has forged a strategic partnership with a state-level supply chain innovator to jointly develop digital infrastructure for small and medium enterprises (SMEs) in […]
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An on-chain metric which has been declining since 2017 is now signaling a bullish trend, analysts from Stack Funds say. A new report analyzing on-chain activity says that Bitcoin (BTC) is now due for a bullish phase based on supply movements. Published by asset manager Stack Funds on July 2, the findings suggest that 90-day […]
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While shares in Riot Blockchain and Hive Blockchain eclipse Bitcoin’s YTD gains, other mining firms have not fared so well — with Canaan crashing nearly 70%. The share price of Bitcoin (BTC) mining firms Riot Blockchain and Hive Blockchain has produced enormous year-to-date (YTD) gains, with stock in Riot nearly doubling while Hive tripled over […]
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Balaji Srinivasan has promised a $1000 BTC bounty to anyone who can get Recode’s Kara Swisher to retract a story on COVID-19. Balaji Srinivasan has offered $1000 in Bitcoin to the first Twitter user who can get Vox’s technology news website Recode to retract a story about Silicon Valley’s ‘overreaction’ to COVID-19 in February. The […]
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BRD, Ledger Live, and Edge are among the wallets vulnerable to a new double-spend exploit, but some believe the vulnerability is inherent to Bitcoin itself. On July 2, crypto security firm ZenGo identified a double-spend exploit targeting several popular Bitcoin (BTC) wallets, dubbed ‘BigSpender’ Of nine cryptocurrency wallets tested by ZenGo, BRD, Ledger Live, and […]
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Bittrex CEO Bill Shihara will expand his role at cashback rewards platform StormX from investor to board member. Bill Shihara, founder and CEO of Bittrex crypto exchange, is joining the Board of Directors for Seattle-based blockchain startup StormX. According to an announcement from StormX, the addition of Shihara to the board comes after the CEO […]
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The IRS is looking to expand its investigative capabilities around privacy coins, layer-two solutions, and sidechains. The United States’ Internal Revenue Service (IRS) is seeking information and tools to help it trace transactions using privacy coins, layer two protocols such as Lightning Network and side chains like Plasma and OmiseGo (OMG). A June 30 request […]
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Bitcoin’s recent price action could relate to miner selling. Mike Alfred, co-founder and CEO of data analytics outfit Digital Assets Data, recently pointed toward miners as a potential catalyst for recent Bitcoin (BTC) price activity. “It is tough to say definitively, but it appears as though the miners’ actions are having a direct, immediate impact […]
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The price of Bitcoin briefly dropped below $9,000. The weakening of a key support level may lead to a bigger drop. The price of Bitcoin (BTC) dropped below $9,000 in a rapid pullback, falling by 5% in 48 hours. It marked the seventh drop to the $8,000s for the top-ranked cryptocurrency by market capitalization within […]
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Venezuela’s Maduro just lost a ruling regarding his supposed gold ownership. Venezuela’s allegedly corrupt leader, Nicolás Maduro, recently lost a court battle involving approximately $1 billion of gold. “The UK High Court has ruled against Venezuela’s government in a legal battle over access to $1bn (£820m) of gold stored in the Bank of England,” BBC […]
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