Digital Asset Outflows Continue for 6th Week Despite Bitcoin Price Surge
Overall, the data may reflect a need for liquidity among investors, according to CoinShares. Meanwhile, the largest cryptocurrency by market value’s price has surged from a low of about $19,400 in early March to its current level near $28,000. Over the past week, bitcoin has risen almost 15%.
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Algorand
24H Low$1.7324H High$1.85PriceMarket Stats24H Average Transaction Feen/aAbout AlgorandAlgorand is a proof-of-stake (PoS) blockchain that supports smart contracts. Its protocol uses Pure PoS, through which users are selected on a random and secret basis to propose blocks and vote on proposals. In that way, the blockchain ensures that each user’s influence on the choice of a…
U.S. Treatment of CZ, Binance Is ‘Absurd:’ Arthur Hayes
Binance and its founder Changpeng "CZ" Zhao have been treated the way they have been in the U.S. because the crypto exchange – and other centralized exchanges – represent a threat to the traditional American-led global financial system, former BitMEX CEO Arthur Hayes argues in a new essay posted on his Substack account.Last week, Binance
SEC Alleges John McAfee Pumped Tokens for Profit
Oct 5, 2020 at 20:21 UTCUpdated Oct 5, 2020 at 20:36 UTCThe U.S. Securities and Exchange Commission (SEC) has sued John McAfee for allegedly pumping initial coin offerings (ICOs) without disclosing he was being paid to do so.McAfee, a software magnate-turned-fugitive already on the run for alleged tax fraud, allegedly received BTC and ETH worth…
The U.S. Government May Begin Hoarding Bitcoin, But How and Why?
Legislation has been proposed for the United States government to stock up a pile of bitcoin for a strategic reserve, starting with seized bitcoin the government already holds. Many have questions: What’s the legality of keeping the seized bitcoin? How is holding bitcoin going to decrease the deficit? Why does the U.S. government need to
Open Interest in XRP Surges to $800M as Crypto Traders Hope Ripple-SEC Verdict Will Bring ‘Alt Season’
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Omkar Godbole was a senior reporter on CoinDesk's Markets team.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Investors are having a relook at the futures market tied to payments-focused cryptocurrency XRP amid hopes…
An Extortion Gone Bad: Inside Binance’s Negotiations With Its ‘KYC Hacker’
news The Takeaway Prior to publishing details about real Binance customers online Wednesday, a hacker operating under the pseudonym “Bnatov Platon” had a month-long conversation with CoinDesk reporters. In the talks, Platon revealed how he allegedly hacked individuals behind an earlier hack in which 7,000 bitcoin was stolen from the world’s largest exchange. Platon claimed…
IBM Debuts Stellar-Powered ‘Blockchain World Wire’ Payments System
IBM is taking its long-in-the-works blockchain-based payment system out of beta, with the launch of a new product called Blockchain World Wire. Aimed at institutions and harnessing the stellar blockchain network, Big Blue says its new financial rail "can simultaneously clear and settle cross-border payments in near real-time." Similar to other blockchain-based payment networks such as Ripple,…