Blockchain & Cryptocurrency News

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Thu, 13 Aug 2020, 12:34 AM
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South Korea tourists can use cryptocurrency as payment fr services on some Busan beaches

Goldman Sachs plans to issue its own cryptocurrency

Cryptocurrency is finally being acknowledged by the big boys of the banking industry as various financial institutions have started offering crypto-related services to their clients. For instance, investment behemoth...

Square’s Bitcoin revenue soars to $875M in Q2

Square Inc. is raking in profits thanks to the popularity of its mobile payment service. The firms Cash App Bitcoin (BTC) revenue for the second quarter rose by 600 percent compared to last years figure resulting in a...

New cryptocurrency for influencers launched to tap into the growing influencer marketing sector

Theres a new cryptocurrency on the block thats specifically targeted for creators. Startup Rally just launched the token appropriately called Creator Coin with the aim of helping content creators, streamers, and...

SEC scouting for a company that could develop a blockchain smart contracts analysis tool

Mainly known as the technology behind cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), blockchain is making its way to other areas such as banking, healthcare, fashion, voting, and even the justice system. The U.S....

Teenager accused of the July 15 Twitter hack owns $3.3M Bitcoin

A teenager, who is allegedly behind the July 15 Twitter hack, is now facing several counts of fraud in connection with the incident. Reports also revealed that the young suspect actually owned millions of dollars worth of...

Switzerland’s BKB plans to offer cryptocurrency trading and custodial services via subsidiary

The increasing adoption of cryptocurrency is now being felt even in the banking industry. While traditional banking institutions used to view digital currencies with caution, some are already warming up to their use and...

109 suspects linked to PlusToken cryptocurrency Ponzi scheme arrested by Chinese authorities

Chinese authorities have recently arrested more than a hundred people with suspected links to the PlusToken cryptocurrency Ponzi scheme. Considered one of the largest scams in the cryptocurrency industry, authorities...

Business

Nasdaq-listed firm owns $250M Bitcoin (BTC) as part of its treasury reserve Wed, 12 Aug 2020, 16:55 pm UTC

Cryptocurrency adoption has been on the rise as some banks are now offering crypto-related services to their clients. Some companies are now even starting to include Bitcoin (BTC) as part of their capital allocation...

UK-based cryptocurrency and payments platform expands services in the U.S.

South Korea’s largest lender plans to offer cryptocurrency custodial services

Binance Australia brings platform’s full range of cryptocurrency services to Australian clients

Technology

Bitcoin scams on social media can be solved with facial recognition technology Tue, 11 Aug 2020, 07:18 am UTC

Various cryptocurrency scams have been making their rounds on social media and video sharing platforms lately. For instance, hackers hijacked several high-profile Twitter accounts and used them to spread a YouTube Bitcoin...

CoinDesk warns that cryptocurrency scammers are using its name to send phishing emails

Dubai launches nationwide blockchain-based KYC data platform

Israel's stock exchange to launch blockchain-based securities trading platform by November 2020

Investing

BAND cryptocurrency gains 300% in seven days Wed, 12 Aug 2020, 04:13 am UTC

Bitcoin (BTC), the worlds largest cryptocurrency by market capitalization, managed to briefly push past the $12,000 mark on Sunday evening before falling back in the $11,300 range. However, a few smaller cryptos have made...

Bitcoin plunges $1.4K in minutes but investor believes BTC could still rally past $20K

More Institutional Investors entering into the cryptocurrency market says Coinbase

Philippines pioneers blockchain-based app to distribute government-issued bonds

Insights

The reasons why Bitcoin developers choose to use pseudonyms Wed, 01 Jul 2020, 05:37 am UTC

Theres an ongoing trend within the cryptocurrency space and in the Bitcoin sphere in particular. While there are developers who use their real names, a sizable portion opted to use pseudonyms for a variety of...