BTC price settles at $69K after dip wipes $1.3B Bitcoin open interest
Bitcoin lingers lower following a “doubly strange” U.S. trading session, with BTC price support in question.
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Binance users in Hong Kong lose $450K in wave of fraud texts: HK police
Hong Kong police have issued a warning concerning a recent Binance phishing scam targeting Hong Kong users of the platform. 246 Total views 17 Total shares Hong Kong’s police force has raised the alarm after 11 Hong Kong-based Binance customers were targeted in a wave of phishing scams sent through text messages.Hong Kong police warned

Blockchain document transfer provider CargoX extends agreement with Egyptian government
Project reps say the platform has transferred more than 1,100,000 actual trade and finance documents for over 75,000 customers since its implementation. 77 Total views 21 Total shares CargoX, a blockchain company specializing in document transfer solutions, announced a long-term extension to its agreement with the Egyptian government to digitize the nation’s trade flows. Last…

Gibraltar MP: Unless Outlawed, Every Country Recognizes Crypto Payments
Gibraltar’s financial minister says every jurisdiction recognizes crypto payments in the absence of policies explicitly outlawing them. In an exclusive interview with Cointelegraph, Albert Isola, Gibraltar’s minister for digital and financial services, argued that every country that respects contract laws recognizes crypto payments in the absence of regulation which prohibits them.On the question of whether…

Ripple Raises $200M, Calls 2019 Its Strongest Year of Growth
Ripple, the blockchain payments firm behind XRP, the third biggest altcoin by market cap, has raised $200 million in a new funding round.Led by closed-ended investment company Tetragon, the new Series C funding round was also joined by Ripple’s major Japanese partner SBI Holdings and venture capital firm Route 66 Ventures, the firm announced on…

Polychain CEO Says Facebook’s Rumored Stablecoin Blockchain Should Be Public
Polychain Capital CEO Olaf Carlson-Wee thinks Facebook would be smart to build its stablecoin on a public, open blockchain infrastructure. Carlson-Wee delivered his remarks at the Consensus 2019 panel “To the Moon and Back” on May 15.Carlson-Wee explained that the blockchain platform he is referring to is one like bitcoin’s, in which the creator relinquishes control…

Blockchain DEXs Onchain and Camelot part ways over IFO spat
"We urge @CamelotDEX delete any information related to @OnchainTrade from all of your platforms as soon as possible," wrote OnChain developers. 137 Total views 7 Total shares Own this piece of history Collect this article as an NFTIn a dispute that originated Feb. 22, decentralized exchanges (DEXs) Onchain Trade and Camelot terminated an agreement for…

Don’t just blame DeFi for paying high ETH gas fees
Transaction costs on the Ethereum blockchain are at record highs, and no one will let you forget it. Reports often detail how decentralized finance platforms are the cause of ever-rising gas fees — tokens paid to miners who confirm and enable transactions on the Ethereum blockchain. Yes, DeFi does play a role, but the problem…

Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, LINK, VET, LTC
Bitcoin’s (BTC) rally above the $10,000–$10,400 zone has attracted several traders who had been waiting for a trending move to start. Yusuke Otsuka, the co-founder of Japanese crypto exchange Coincheck, said that several Japanese traders who had been dormant have started trading again this week. Monex Group CEO Oki Matsumoto also said that many traders who…