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North Korea Launched Cryptocurrency Attacks In Response To Sanctions, Says FBI

North Korea Launched Cryptocurrency Attacks in Response to Sanctions, Says FBI

United States sanctions incentivized North Korea to launch cyberattacks involving cryptocurrency, a senior FBI official told a conference. The comments were quoted by South Korean English-language news outlet Korea Herald on May 30.Speaking at an event organized by U.S. thinktank The Aspen Institute, Tonya Ugoretz, deputy assistant director of the FBI’s cyber division, said financial…
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Coinbase Not Currently Investing In Decentralized Exchange Sector, Executive Confirms

Coinbase Not Currently Investing in Decentralized Exchange Sector, Executive Confirms

United States cryptocurrency exchange Coinbase is not planning to launch a decentralized exchange (DEX), a senior executive told cryptocurrency news media outlet The Block in an interview on May 29.Speaking on a range of topics around Coinbase’s activities, Emilie Choi, the company’s vice president of Business, Data & International, said that despite acquiring P2P platform…
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President Of Germany’s Central Bank Warns Of Serious Outcomes Of Digital Currencies

President of Germany’s Central Bank Warns of Serious Outcomes of Digital Currencies

The president of Germany’s central bank, the Deutsche Bundesbank (BBk), has warned central banks about the potential risks of introducing digital currencies, Reuters reports on May 29.Jens Weidmann, BBk president and chairman of the board of the Bank for International Settlements (BIS), reportedly claimed that the adoption of digital money could potentially destabilize the financial…
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Did Bitcoin Cash SV Surge 50% Because Of Fake News?

Did Bitcoin Cash SV Surge 50% Because Of Fake News?

Bitcoin Cash Satoshi’s Vision (BSV) has surged with 50 percent throughout the past 24 hours. This allowed it to occupy the eight spot amid the top ten cryptocurrencies by means of market capitalization. Bitcoin SV Pumping Once Again Bitcoin SV, a cryptocurrency backed by the self-proclaimed Satoshi Nakamoto, Craig Wright, has yet again marked a…
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Bitcoin Price Analysis: Bitcoin Could See Continued Growth If Support Holds

Bitcoin Price Analysis: Bitcoin Could See Continued Growth if Support Holds

Summary: Bitcoin is currently perched between a well-defined band of prices outlined on both the weekly and monthly timeframes. As we float between the weekly/monthly horizontals, volume is beginning to diminish on both the supply and the demand sides. However, what little supply has surfaced has appeared to be absorbed. If we can maintain support…
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BlockFi Adds Gemini Dollar Stablecoin Support

BlockFi Adds Gemini Dollar Stablecoin Support

Crypto lender BlockFi is rolling out support for the gemini dollar (GUSD) stablecoin, claiming an expected initial annual percentage yield (APY) of 6.2 percent for non-U.S. customers. Founded in late 2017, BlockFi is a U.S.-based startup company that issues loans backed by various cryptocurrencies to its users. This practice allows users to generate cash flow…
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Chinese Listed Companies And Bitcoin Mining: Partner Or Predator?

Chinese Listed Companies and Bitcoin Mining: Partner or Predator?

This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on…
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Hyperloop: A New Concept By Lightning Aiming To Solve Liquidity Problems

Hyperloop: A New Concept by Lightning Aiming to Solve Liquidity Problems

About two months ago, Lightning Labs released Lightning Loop, a service that allows users to fill or empty Lightning channels without closing them, thus reducing on-chain fees. The service, developed by Lightning Labs developers Alex Bosworth and Bryan Vu, was created to help users manage their liquidity. The Loop service, says Bosworth, is helpful for…
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Bullish On Bitcoin, Bearish On Trade Relations With Jeffrey Tucker

Bullish on Bitcoin, Bearish on Trade Relations With Jeffrey Tucker

Dave and Grahm are back with news and price narratives around 2019’s top-performing financial asset. This week’s stories include mainstream media’s Bitcoin FOMO, the real story of Laszlo Hanyecz (the guy behind Bitcoin Pizza Day), Dutch authorities taking down Bestmixer, Tether being partially backed by bitcoin and what Libertarian politician Ron Paul thinks about the…
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