United States-based financial research firm Weiss Ratings downgraded its rating of crypto EOS because of serious centralization concerns. United States-based financial research firm Weiss Ratings announced that it has downgraded its rating of cryptocurrency EOS because of the blockchain’s “serious problems” with centralization. Weiss announced the report in a tweet published on June 7. In […]
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Dutch billionaire John De Mol is suing Facebook over fraudulent crypto ads. Earlier this week, Dutch billionaire John De Mol launched a lawsuit against Facebook over crypto ads using his image without permission. De Mol claims that consumers have lost as much as 1.7 million euros (over $1.9 million) due to the ads, and his […]
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Most decentralized finance applications are being built on the Ethereum blockchain Ethereum devs constitute the vast majority of Decentralized Finance (DeFi) application (DApp) creators, according to a report by Binance Research on June 6. Number of DApps per blockchain, courtesy of Binance Research According to the report, DeFi can be thought of as the following: […]
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The city of Vancouver, Canada, is considering banning bitcoin automated teller machines due to money laundering issues. The city of Vancouver, Canada, is considering banning bitcoin (BTC) automated teller machines (ATMs) due to money laundering issues, the Next Web reported on June 5. The mayor of Vancouver, Kennedy Stewart, has reportedly suggested a complete ban […]
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Bitcoin trading volume on crypto exchange Coinbase recently hit 263,000 in May, a volume which had not been seen since February 4, 2018. Bitcoin (BTC) trading volume on major cryptocurrency exchange Coinbase recently hit a high of 263,000 on May 12, a volume which has not been seen since February 4, 2018. Bitcoin most recently […]
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Bitcoin price analyst Oliver Isaacs thinks BTC will hit $25,000 around the end of 2019, due to factors such as China’s trade war with the U.S. and signs of mainstream adoption. Bitcoin (BTC) price analyst Oliver Isaacs thinks it will hit $25,000 around the end of 2019, according to a report by The Independent on […]
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A number of people have filed copyright claims to the Bitcoin white paper in an effort to prove they are Satoshi Nakamoto. The real identity of Bitcoin’s founder, Satoshi Nakamoto, has been a mystery since the inception of the preeminent cryptocurrency over a decade ago. Over the last 10 years, various people have claimed to […]
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sponsored A crypto exchange with more than 2 million users has launched apps for Android and iOS — and now plans to become a major player in the pan-Asian region. A crypto exchange that claims it has amassed more than 2 million registered users in the space of four months has released new apps for Android […]
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Bitcoin stolen from Bitfinex back in 2016 has been moved from hackers’ wallets to an unknown address on June 7. A portion of bitcoin (BTC) stolen from Bitfinex crypto exchange back in 2016 has been moved from hackers’ wallets to an unknown address on June 7, based on several tweets by crypto transaction tracker Whale-alert.io. […]
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As Apple unveils its new cryptographic framework, experts weigh in on its relevance to the cryptocurrency industry. Yannick Sierra, security engineering and architecture manager for Apple, opened up the cryptography session at the 2019 Apple Worldwide Developers Conference and presented the CryptoKit with these words: Welcome to the bitcoin session! (Laughter in the room). Kidding […]
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