Ethereum Classic Tops $2 Billion to Set New 2018 Price High
The price of ether classic, the cryptocurrency that powers ethereum classic, is on the rise at press time amid news of major exchange listings.
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FBI Investigated Extortion Attempt Against Ripple About Allegedly Negative Videos
Oct 23, 2020 at 19:24 UTCRipple Labs Inc., a San Francisco software company that develops XRP, one of the five largest cryptocurrencies, was blackmailed at the height of the crypto mania three years ago, CoinDesk has learned.Documents obtained by CoinDesk through a Freedom of Information Act request show that an unidentified individual emailed Ripple on…

Coinbase Looks to Add Bitcoin Lightning for Payments
Coinbase (COIN) is looking to add Bitcoin's Lightning network for payments as part of a broader plan to offer more cryptocurrency payments to users around the world.“We’re looking into how to best add Lightning. It’s non-trivial, but I think worth doing. I’m all for payments taking off in Bitcoin,” CEO Brian Armstrong said on Wednesday.…

German Police Seize Second Crypto-Fueled Cyberbunker
news German police have raided and shut down Cyberbunker 2.0, a decommissioned NATO bunker that housed dark web market servers and child porn. The bunker, hidden in the Mosel River town of Traben-Trarbach, held multiple stories of servers as well as “$41 million worth of funds allegedly tied to these markets,” according to security researcher…

Microsoft Collaboration Fuels 50% Rally for Enjin’s Cryptocurrency
Dec 6, 2019 at 12:30 UTCUpdated Dec 6, 2019 at 13:28 UTCMicrosoft Collaboration Fuels 50% Rally for Enjin’s CryptocurrencyMicrosoft’s collaboration with blockchain gaming startup Enjin has prompted a roughly 50 percent surge in the project's native token over a two-day period.Enjin coin (ENJ) started to rise sharply from Wednesday afternoon (UTC) as news spread of…

Coinbase Reveals Password Glitch Affecting 3,500 Customers
news Crypto exchange Coinbase disclosed a potential vulnerability Friday, announcing that a tiny fraction of its customers’ passwords were stored in plain text on an internal server log. However, the information was not improperly accessed by outside parties, the exchange said. In a post-mortem shared with CoinDesk, Coinbase outlined “a password storage issue,” impacting less…

Fed Rate Cut Could Crash Crypto Markets, but Era of Central Banks Is Over: Arthur Hayes
The era of central banks is over, Hayes said ahead of an expected Fed rate cut Wednesday. Ethena's USDe and Pendle's BTC staking could benefit from the impending low interest rate regime, Hayes said. Demand for tokenized Treasuries, an interest-rate-sensitive product, could weaken if interest rates remain low. Arthur Hayes, chief investment officer of Maelstrom

Bitcoin and Ether Prices Stagnate as Traders Take Wait-and-See Approach
Mar 27, 2020 at 20:31 UTCAfter staging a recovery earlier this week, cryptocurrencies were stuck in a holding pattern Friday afternoon.Bitcoin (BTC) and ether (ETH) appeared to be in a period of consolidation where prices bounce around within a tight range, showing indecisiveness among traders. Bitcoin and ether had both climbed by less than a percent.…

Drawbacks of Stablecoin Cross-Border Use Outweigh Benefits: Global Payments Watchdog
Even fully regulated stablecoins may not have a positive impact on cross-border payments, according to a report by standard setter CPMI.Challenges including coordination, competition, network scale and inadequate regulation, could outstrip any benefits, the report said.No existing stablecoin is fully compliant with relevant regulatory requirements, and even if one were to exist, it might not