June 2020 | Last Cryptocurrency News Feed

Australian Securities Exchange Switch to Blockchain Delayed to 2022

After stakeholders raised concerns about the Australian Securities Exchange’s blockchain infrastructure plan, it has been postponed until 2022. 207 Total views 2 Total shares The Australian Securities Exchange (ASX) has further delayed its switch to blockchain after public lobbying from key stakeholders.According to a June 30 update from the ASX, the exchange has officially delayed…

Cointelegraph Feed

Africa Posts Triple-Digit P2P Volume Gains in Three Months

Sub-saharan Africa now represents more than $15 million in combined weekly peer-to-peer trade following triple-digit growth over just a few months. 630 Total views 13 Total shares Peer-to-peer Bitcoin (BTC) trading has seen rapid growth in recent months, with the African continent now the second-strongest region in the world for P2P volume behind the U.S.Africa…

Cointelegraph Feed

Bitcoin Price Stalls Below $9.2K but Data Shows Investors Are Bullish

Earlier today Cointelegraph reported that “Bitcoin (BTC) price recorded its strongest second quarter performance in history” despite a startling crash to $3,750 on March 13. Data from Skew also shows that Bitcoin currently has a quarter-to-date return of 42.39% and the digital asset remains the top-performer for 2020 with a 27.31% return. Macro assets year-to-date returns…

CoinDesk Feed

Senate Banking Committee Remains Open to Idea of Digital Dollar in Tuesday’s Hearing

U.S. Senator Mike Crapo discussed stablecoins in his opening remarks during a hearing on digitizing money Tuesday. (Chief Mass Communication Specialist F. Julian Carroll/Wikimedia Commons)Senate Banking Committee Remains Open to Idea of Digital Dollar in Tuesday’s HearingNot every U.S. lawmaker is on board with the idea of a central bank digital currency (CBDC) or digital…

Cointelegraph Feed

China Highlights Blockchain in Pandemic Preparedness Strategy

China is looking into the use of blockchain technology to promote data sharing among medical institutions amid future pandemics. 1516 Total views 24 Total shares Chinese authorities are trying to strengthen their epidemic preparedness and have identified blockchain as a key component of the response. The Chinese Circular of the National Health Commission released its plan on…

Cointelegraph Feed

Bullish Case for Bitcoin Grows as BTC Whale Population Tops 3-Year High

Recently published data from glassnode shows there are currently more than 1,800 Bitcoin (BTC) whales. From a macro perspective, this increase in the number of whales can be considered bullish.The term whale is used within the crypto industry to describe an individual investor that holds a large amount of BTC. Typically, whales are early Bitcoin…

Cointelegraph Feed

Allegedly Fraudulent Crypto Exchange Shut Down by UK High Court

The UK Insolvency Service claimed that GPay is nothing but a “scam” after conducting confidential inquiries. 1323 Total views 17 Total shares The UK High Court has appointed the Official Receiver as liquidator of the cryptocurrency trading platform, GPay Ltd.According to an announcement published by the UK Insolvency Service on June 30, the crypto exchange…

CoinDesk Feed

Spanish Police Accuse Illegal Drug Vendor of Laundering $3.3M Haul in Crypto

Jun 30, 2020 at 21:30 UTCSpanish police arrested 33 suspects during their parallel drug raids. (Wikimedia commons)Spain’s National Police on Sunday arrested 33 people who allegedly sold illegal medications online and laundered at least part of their €3 million ($3.37 million) profit in virtual currency. The busts, conducted against two separate organizations, resulted in the…

CoinDesk Feed

The Man Who Tokenized Himself Gives Holders Power Over His Life

Jun 30, 2020 at 21:21 UTCFrenchman Alex Masmej, 23 years old, recently raised $20,000 on Ethereum by tokenizing himself. Now he wants his investors to vote on his life choices. His “control my life” experiment challenges token holders to tell him whether to take a run or eat only veggies. That may sound a little…

CoinDesk Feed

Zimbabwe Halts Mobile Transactions as Hyperinflation Spurs Currency Flight

Jun 30, 2020 at 21:17 UTCUpdated Jun 30, 2020 at 21:29 UTCZimbabwean banknote (Fedor Selivanov/Shutterstock)Zimbabwe’s central bank, seeking to block attempts to avoid the country’s hyperinflation, halted all transactions conducted by “mobile money agents” this week, and limited payment sizes through other processors. This impacts potentially up to 85% of all transactions.Residents with money stored…