Crypto News Roundup for Nov. 8, 2021
Markets Daily Crypto Roundup
With the crypto market now reaching over $3 trillion in total market capitalization and a look at stablecoin regulation, CoinDesk’s Markets Daily is back with the latest news roundup.
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Cautious Bitcoin Bounce to Face Inflation Data Hurdles Later This Week
The spot ETF catalyst for bitcoin has faded, putting added import on macro factorsInflation data coming Tuesday and Wednesday is likely to set at least the short-term tone for the market.Bitcoin (BTC) has managed a modest rally over the past 72 hours after an ugly close to last week, but three major economic reports later
Bad Ravencoin Code Allows Attackers to Generate Coins Without Mining
Jul 3, 2020 at 22:16 UTCUpdated Jul 3, 2020 at 22:23 UTCRavencoin attack (Sara Kurfeß/Unsplash)Bad Ravencoin Code Allows Attackers to Generate Coins Without MiningUnidentified attackers exploited a Ravencoin vulnerability to mint extra RVN “beyond the coinbase of 5000 RVN per block,” Ravencoin lead developer Tron Black wrote in a Medium post on Thursday. According to…
Strengthening US Dollar Could Bring Further Downside for Bitcoin
Sep 24, 2020 at 11:26 UTCUpdated Sep 24, 2020 at 11:28 UTC(ghenadie / Shutterstock)The U.S. dollar is showing signs of life and a continued breakout could weigh over bitcoin, which surged amid the greenback’s sharp sell-off this summer.The top cryptocurrency by market value is currently trading at $10,320 – up nearly 2% from Wednesday's low…
Bitcoin Price Set to Outshine Gold and Stocks By Big Margin in 2019
Dec 20, 2019 at 12:10 UTCBitcoin is on track to end 2019 on a positive note and significantly outperform traditional assets like gold and stocks. The number one cryptocurrency is currently trading at $7,125, representing a 93 percent gain on a year-to-date basis, according to CoinDesk's Bitcoin Price Index. Prices rose from $3,700 to $13,880 in…
Bitcoin Soars to New All-Time High Above $69K
The price of bitcoin (BTC) has set a record high, rising above $69,000 on crypto exchange Coinbase, a level first touched on Nov. 10, 2021.A continuing massive wave of buying by the newish U.S.-based spot bitcoin ETFs is the likely catalyst behind what's now a historic run higher. The price of bitcoin sat at around
Binance Money Laundering Trial in Nigeria Pushed to June 20 Due to Executive’s Illness
Thursday’s money laundering trial against Binance in Nigeria was postponed till June 20.Tigran Gambaryan, Binance’s compliance head, was seriously ill and needed medical attention.A Nigerian court on Thursday adjourned the money laundering trial against Binance and two of its executives to June 20 as one of the executives was ill, a family spokesperson for the
Barclays Hackathon to Attack Data ‘Silos’ With Blockchain
news Barclays is holding another hackathon to tackle the financial services industry’s perennial problem of systems that don’t talk to each other. Once again, blockchain will take center stage. The second annual DerivHack 2019 will take place October 16-17 in Barclays’ Rise accelerator spaces in London and New York, sites of last year’s 48-hour coding…
Lossless Lottery PoolTogether Opens Up to More Coins, More Prizes
Oct 22, 2020 at 15:53 UTCUpdated Oct 22, 2020 at 16:11 UTCThe PoolTogether Team with IDEO CoLab's Tara Tan at the whiteboard. (Jordan Katz/PoolTogether)Lossless Lottery PoolTogether Opens Up to More Coins, More PrizesMore games with no losers are coming to Ethereum (kind of).PoolTogether, the lossless lottery on Ethereum that’s meant to gamify savings, is releasing…