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Crypto News
Blockchain Bites: Bitcoin’s Path to $20K, Ethereum’s ‘Unannounced’ Fork and Biden’s Crypto-Friendly…
Ethereum’s Infura went down, causing a chain split. The world’s second-largest bank will issue $3 billion in blockchain bonds. President-elect Joe Biden’s transition team features some noted crypto commenters. Top shelfChain…
Binance Gives $200K to Investigators Who Helped Identify Actors Behind 2018 Attack
Cryptocurrency exchange Binance has followed through with its pledge to reward anyone helping bring about the arrest of the bad actors who attacked the exchange in March 2018 and stole from users in a phishing campaign.Over a period of…
Binance briefly pauses Ethereum withdrawals as network suffers ‘minor hard-fork’
Geth developers to blame? The Ethereum (ETH) network has suffered what looks like a hard fork today as reports emerged of outages and irregularities on infrastructure providers Infura and Blockchair.
While initially it was believed to be an…
World’s Second Biggest Bank to Issue $3B in Bonds Tradable for Bitcoin
China Construction Bank (CCB) has tapped Hong Kong-based digital asset exchange Fusang for the issuance of $3 billion-worth of debt securities over a blockchain.According to a Wednesday report by the South China Morning Post, tokenized bond…
Sam Bankman-Fried believes even ETH 2 can’t handle DeFi’s potential growth
FTX’s Sam Bankman-Fried doesn’t believe Ethereum will be able to provide the scaling capabilities required by the DeFi sector in future. FTX exchange co-founder and CEO Sam Bankman-Fried believes Ethereum (ETH) is incapable of handling…
Cyberattackers Demand $11M in Bitcoin From Japanese Gaming Giant Capcom
Japanese Gaming Giant Capcom, creator of popular games like Resident Evil and Street Fighter, fell victim to a ransomware in early November, with attackers allegedly demanding $11 million in bitcoin in exchange for not leaking illegally…
Ethereum 2.0 Deposit Contract Tops $22.5M One Week After Launch
After going live last week, the deposit contract for Ethereum’s 2.0 upgrade now holds over 50k ETH – 10% of the threshold needed to activate the watershed update.This deposit contract is the cornerstone of the Ethereum 2.0 update and serves…
Nearly $360M in Bitcoin Moved to Ethereum in October Despite DeFi Cool Off
Ethereum is still the most popular off-chain destination for bitcoins (BTC) as the total supply of tokenized BTC reached 150,000 BTC ($2.05 billion) at the end of October, up 21% since September.Growth has slowed significantly, however,…
Biden Confirms Crypto-Savvy Gary Gensler Will Lead Financial Policy Transition Team
Gary Gensler, a Washington and Wall Street veteran who has closely studied the budding cryptocurrency field, will lead the financial policy transition team for projected U.S. President-elect Joe Biden.A former chairman of the Commodity…
Market Wrap: Bitcoin Flat at $15.3K; Crypto Locked in DeFi at All-Time High
Bitcoin is sideways Tuesday, with little price action. However, traders seem to be jumping into decentralized finance to maximize their crypto yield.Bitcoin (BTC) trading around $15,345 as of 21:00 UTC (4 p.m. ET). Slipping 0.30% over the…
