FTC Issues Warning on Bitcoin Blackmail Scams

A landmark court ruling drove XRP prices to nearly double over the past 24 hours before receding in early Asian hours on Friday, with XRP shorts losing the most money so far this year.Data from Coinglass shows XRP-tracked futures traders racked up a total of $58 million in losses as a U.S. judge ruled the…

news South Korean fintech firm Dunamu, operator of cryptocurrency exchange Upbit, says it invested 55 billion won ($46 million) in 26 blockchain startups over the past year. The firm said Wednesday that the investments have been made mainly via its subsidiary Dunamu & Partners, which was launched in March 2018. At the time of the…

An upgrade to reduce epoch transitions to make the Cardano blockchain smoother for network users was released on Monday by developers.Epochs refer to the time periods on the Cardano blockchain. Each epoch lasts 432,000 slots, and each slot lasts 1 second – meaning a single epoch lasts roughly five days. ADA tokens are staked during…

Bitcoin's (BTC) price surpassed $7,000 early on Tuesday after 20 days stuck in a narrow range below $6,800. The worlds largest cryptocurrency by market capitalization first moved past the $7,000 mark soon after 10:00 UTC today after trading sideways for nearly three weeks. As traders of bitcoin have come to realize, periods of low volatility often come…

Crypto-friendly Rep. Patrick McHenry (R-N.C.) has landed in the driver’s seat of the U.S. House of Representatives just as legislation to establish digital-asset regulations nears a finish line there.While House Republicans seek a permanent replacement for their just-ousted Speaker of the House Kevin McCarthy (R-Calif.), McHenry will serve as McCarthy’s temporary replacement. The chairman of

House Financial Services Committee Chair Maxine Waters (D-Calif.) has made an overture to regulators in an attempt to secure the passage of a crypto-focused bill that would offer U.S.-based digital asset exchanges a path toward registering with the U.S. Securities and Exchange Commission (SEC),The letter to SEC Chairman Gary Gensler, dated June 23, asks him…

Jun 16, 2020 at 12:00 UTCUpdated Jun 16, 2020 at 12:04 UTCOleksiy Mark/ShutterstockFirst Mover: Negative Rates or More Money Printing – Bitcoin May Benefit Either WayWhether or not the Federal Reserve eventually cuts interest rates to negative levels, it might be a case of heads: bitcoin wins, tails: bitcoin wins.  So far this year, the…

A new security flaw doesn't bode well for experimental cryptocurrency projects looking to use trusted hardware in the near future.

A group of U.K. lawmakers has called for more oversight and regulation of the cryptocurrency industry in a new report published Wednesday. Arguing that "crypto-assets have no inherent value," are "especially risky" for retail investors and are "particularly vulnerable to manipulation," the report states that "the introduction of regulation [to the cryptocurrency space] should be…