The amount of Venezuelan bolivars traded against Bitcoin hit another all-time high last week amid hyperinflation in the country. The volume of Venezuelan bolivars traded against Bitcoin (BTC) on the LocalBitcoins platform another all-time high last week amid rampant hyperinflation in the country. According to Bitcoin statistics website Coin Dance, bolivar volumes on peer-to-peer exchange […]
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State Street Corporation and Gemini cryptocurrency exchange will launch a pilot on digital asset reporting. A new collaboration between financial services firm State Street Corporation and the Winklevoss’ Gemini cryptocurrency exchange will launch a reporting pilot for cryptocurrency holdings under custody. Per a press release published on Dec. 17, the two entities launched a new […]
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A lack of enthusiasm around the Bitcoin price is not all-pervasive, data shows, as interest remains about the impact of next May’s halving. Bitcoin (BTC) investors and mainstream consumers are paying more attention to the cryptocurrency’s block reward halving in May 2020. According to data from Google Trends on Dec. 17, worldwide searches for “Bitcoin […]
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Two Canadian brothers hacked the account of a HitBTC user to steal 23 BTC in July 2018, but will now face sentencing for wire fraud. Two Canadian men who defrauded a Bitcoin (BTC) investor out of $140,000 by impersonating exchange HitBTC may serve two years in prison. According to court records on Dec. 16, brothers […]
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Two Russian citizens are being prosecuted for allegedly targeting computers at state organizations to illicitly mine cryptocurrency. Two Russian citizens are being prosecuted for allegedly targeting computers at state organizations to illicitly mine cryptocurrency. The two unnamed individuals purportedly infected the hardware with a program that mines cryptocurrency via a web browser, local media agency […]
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The veteran yet controversial entrepreneur says he wants to focus his energy on his 2020 presidential bid, despite not wishing to actually get elected. Cryptocurrency entrepreneur John McAfee says he will stop promoting individual coins to focus on his presidential bid — but already knows he will not win. In a series of tweets beginning […]
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Short-video sharing app TikTok recorded the first viral Bitcoin video after the firm’s owner reportedly launched a blockchain venture. Short-video sharing app TikTok has recorded its first viral Bitcoin (BTC)-related video as the firm’s owner reportedly launched a blockchain venture. Posted by TikTok personality The Wolf of Bitcoins, the video depicts a room in a […]
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Former head of trading at major cryptocurrency exchange Binance has joined rival crypto exchange CoinFlex as chief strategy officer. Leslie Tam, former head of trading at major cryptocurrency exchange Binance, has joined cryptocurrency derivatives exchange CoinFlex as its new chief strategy officer. On Dec. 16, the Block reported that former Binance executive Leslie Tam is […]
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Chicago-based crypto exchange ErisX has notified its members and participants that it will start trading futures tomorrow in a strange notice. Chicago-based crypto exchange ErisX has notified its members and participants that it will start trading futures digital currency products in a strangely low-key announcement. On Dec. 16, ErisX reached out to its members, informing […]
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Bitcoin price again drops below $7K bouncing off $6,800 support while the number of longs on Bitfinex has interestingly increased to the hope of the bulls. Bitcoin (BTC) price dropped below the $7,040 support, which kicked off a swift 3% decline to $6,800 on Dec. 16. The sharp pullback is likely no surprise to traders […]
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