Category: COIN

The Mysterious Satoshi Nakamoto Allegedly Leveraged a Russian Proxy for Communications

The Mysterious Satoshi Nakamoto Allegedly Leveraged a Russian Proxy for Communications4,171 days ago in 2009, Satoshi Nakamoto invoked the Bitcoin network after sharing the white paper with people since Halloween 2008. Just recently, it has been discovered that Nakamoto leveraged a Russian proxy to obfuscate his whereabouts and the inventor used the proxy back in January 2009. For quite some time now, armchair sleuths have […]

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Court Rejects Ripple’s Bid to Dismiss Class Action Lawsuit Filed by XRP Investors

Court Rejects Ripple’s Bid to Dismiss Class Action Lawsuit Filed by XRP InvestorsA court case that has the future of XRP at stake continues after Ripple’s motion to dismiss it was rejected by a court in California. The plaintiffs claim that the blockchain company sold the coin as an unregistered security and demand compensation. Ripple tried to avoid the case with its defense team insisting the lawsuit […]

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Shopify Joins Libra While Quitter Vodafone Advertises Bitcoin on Facebook

Shopify Joins Libra While Quitter Vodafone Advertises Bitcoin on FacebookFacebook’s coin project, Libra, continues to draw attention despite setbacks, including a shrinking pool of backers and a growing number of worried regulators. But now with JP Morgan seeing potential for the social network’s cryptocurrency and e-commerce giant Shopify joining the Libra Association, its chances might have improved. Although, assuring governments that Libra won’t undermine […]

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Lawsuit Against Ripple May Decide the Fate of XRP but Regulators Have the Final Say

Lawsuit Against Ripple May Decide the Fate of XRP but Regulators Have the Final SayA prolonged legal battle, which may hold the key to XRP’s future, has been extended again. The class action lawsuit alleges that Ripple issued and sold the coin, one of the largest by market cap, as an unregistered security. The decision on the defendant’s motion to dismiss the lawsuit has been postponed. But even a […]

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A Deep Dive Into Satoshi’s 11-Year Old Bitcoin Genesis Block

A Deep Dive Into Satoshi's 11-Year Old Bitcoin Genesis Block11 years ago today, Satoshi Nakamoto launched the Bitcoin network at approximately 18:15:05 UTC and the world hasn’t been the same since. The Bitcoin blockchain came to life on January 3, 2009, and so far, more than 600,000 blocks have been mined into existence. Nakamoto’s genesis block is special and the hardcoded block has a […]

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Court Postpones TON Hearing Till February, Impatient Investors May Get 77% Back

Court Postpones TON Hearing Till February, Impatient Investors May Get 77% BackThe New York court reviewing Telegram’s contested coin offering in the U.S. has postponed a scheduled hearing on the case till February. The defendants, Telegram Group and its subsidiary TON Issuer, have been banned from distributing and selling the tokens. Investors who don’t want to wait for the launch of the blockchain project can receive […]

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104 Addresses Hold 70% of Tether, Research Reveals

104 Addresses Hold 70% of Tether, Research RevealsThe ownership of tether (USDT) turns out to be quite concentrated. According to a recent report, a few addresses control the bulk of the stablecoin, which is widely used by bitcoin traders. The finding comes on top of fresh accusations of creating a bubble levied in a lawsuit against tether’s operators. That adds to the […]

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Telegram Awaits Court Hearing on SEC Case Against Its Token Sale

Telegram Awaits Court Hearing on SEC Case Against Its Token SaleTelegram, the most popular messenger in the crypto community, is facing challenges surrounding the launch of its TON blockchain. Following an intervention by the U.S. securities regulator, a court hearing on the sale of the native gram tokens is scheduled to take place a week before the network was expected to go live. Also read: […]

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Markets Update: BCH and BNB Outperform Leading Crypto Assets

Markets Update: BCH and BNB Outperform Leading Crypto AssetsDespite the cryptocurrency markets appearing increasingly bullish, the leading crypto assets have posted mixed results in recent weeks. While BCH and LTC have made significant gains over BTC in recent months, ETH and XRP have lost value against BTC for much of 2019. Also Read: The Number of Crypto Exchanges Offering Margin Has Multiplied BTC […]

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Pwc Report Finds STOs ‘Are Not Fundamentally Different From ICOs’

Pricewaterhouse Coopers (PWC) has published a report in collaboration with Crypto Valley seeking to provide “a strategic perspective” on the initial coin offering (ICO) and security token offering (STO) sectors. The report finds that security tokens “are not fundamentally different from ICOs,” estimating that their combined total raised almost $20 billion during 2018. Also Read: […]

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Satoshi’s Pre-Release Bitcoin Code Contains Some Fascinating Findings

Cryptocurrency supporters have been discussing an early version of the original Bitcoin source code that surfaced this week. An old forum post and mailing list letter written by Satoshi suggests there was a private version of the code distributed to a few people before the launch of the network on Jan. 3, 2009. Also Read: […]

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Onchain Stablecoin Transactions Remain Low Despite Surge in Trade Volume

Stablecoins See Few On-Chain Transactions Despite Recent Surge in Exchange VolumeDespite many stablecoins ranking among the top 20 most traded crypto assets by monthly volume, a recent report has shown that there are few onchain transactions conducted using these fiat-pegged tokens. Also Read: Swiss Stock Exchange Launches Trading for ETH ETP DAI Sees Significant Onchain Usage Of the established stablecoins, DAI has recorded the largest […]

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The Daily: Grin Developer Fund Grows, Russian Agent’s BTC Transaction Tracked

The Daily: Privacy Coin Grin Gets Donations, Researchers Track GRU’s BTC TransactionIn this edition of The Daily, a leading Grin developer has received donations worth $26,000 to fund his work on the project. Also, research group Bellingcat has tracked a BTC transaction allegedly made by Russian agents meddling in U.S. elections, and stablecoin paxos has reached $10 billion in transactions. Also read: Zebpay Launches in 5 European […]

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ICOs Produce Slow Start to 2019

During the first two weeks of 2019, initial coin offerings (ICOs) raised roughly $90 million, according to data published by Icobench. Of the total funds raised this year so far, $80.2 million can be attributed to the Chelle Coin ICO. Also Read: How US Government Shutdown Affects Bitcoin ETF Approval Slow Start to 2019 for Initial […]

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The Daily: Coinspot Launches OTC Desk, Bitdeer Expands in Eastern Europe

The Daily: Coinspot Launches OTC Desk, Bitdeer Expands in Eastern EuropeCrypto exchange Coinspot has launched an over-the-counter trading desk in Australia and you’ll find more about the platform in this edition of The Daily. Elsewhere, computing power-sharing platform Bitdeer.com is focusing on Eastern Europe through a partnership with the largest digital asset trader in the region, Exmo. And in the U.S., expired Mccoins will get […]

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Russia Not Ready for the Petro, Proposes Plan to Aid Venezuela Without It

Acknowledging Venezuela’s efforts to deal with inflation and sanctions by creating a state-issued cryptocurrency, Russian officials have nevertheless declined a proposal to use the oil-backed coin in bilateral trade. According to Russian media, Moscow has recently offered Caracas a set of measures aimed at mending the country’s economy but the petro is not among the […]

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Tron Can’t Handle Bittorrent’s Transaction Volume, Former Exec Claims

Tron Can’t Handle Bittorrent’s Transaction Volume, Former Exec ClaimsSimon Morris, who was Bittorrent’s chief strategy officer until July 2018, has expressed his doubts about the capability of the Tron blockchain to process the vast number of transactions that the popular file-sharing platform will demand. Morris believes there’s more marketing than technology behind the launch of the new crypto token. Also read: Iran Labels […]

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The Daily: Critical Bug Found in Beam Wallet, Wirex Adds Another Cryptocurrency

The Daily: Critical Bug Found in the Beam Wallet, Wirex Adds Another CryptocurrencyIn Friday’s edition of The Daily, we cover the news about a vulnerability found in the Beam Wallet days after the launch of the Mimblewimble-based coin. Also, crypto card provider Wirex has added waves to its list of supported cryptocurrencies, and digital asset exchange Exmo has registered an increase in the number of Belarusian users […]

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Venezuela Wants to Use Petro to Finance Large Housing Program

Venezuela Wants to Finance Large Housing Program With PetroCompleting a project to build 3 million homes for its suffering population is the next big initiative Venezuela wants to finance with its digital currency, the petro. The socialist government in Caracas says there is enough money and materials to fulfill the main objective of the “Great Housing Mission.” Also read: Crypto-Friendly Statesman Takes Over Swiss […]

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The Daily: Cointext Offers Philippines BCH Wallet, Beam Launches Mimblewimble Coin

The Daily: Cointext Offers BCH Wallet in the Philippines, Beam Launches Mimblewimble CoinCointext’s SMS bitcoin cash wallet is now available in the Philippines and we’ve got the details below. Also in The Daily on Friday, the first Mimblewimble coin has been launched by Beam and crypto exchange Binance reintroduces its platform for token sales, Launchpad, which will host the Bittorrent token generation event. Also read: New York […]

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Iran Labels Telegram’s Coin a Threat to National Security

Iran Labels Telegram’s Coin a Threat to National SecurityTehran has once again targeted the users of the popular messaging application Telegram. A law enforcement official warned Iranian citizens against providing any support for the launch of the instant messaging app’s native token, the Gram. Also read: Bill to Curb Iranian National Crypto Filed in US Congress ‘Disruption to the National Economy’ Authorities in […]

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Canada Encourages Cannabis Sector to Transact Discreetly

Canada Encourages Cannabis Sector to Transact DiscreetlyThe Office of the Privacy Commissioner of Canada has published a document advising Canadian citizens to use cash to conduct transactions pertaining to cannabis in order to protect personal information. In response to the guidance, Etoro market analyst Mati Greenspan has predicted the liberalization of Canada’s cannabis sector will bolster local privacy coin adoption. Also […]

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The Daily: Yellow Vest Coin Created, Security Token Trading Platform Launched

The Daily: Yellow Vest Coin Created, Security Token Trading Platform LaunchedIn The Daily on Monday, a new digital coin project targeting the ‘Yellow Vest’ protesters is promising censorship-free crypto transactions. Also, a regulated security token trading platform is now live in the U.S., South Korean internet giant Kakao invests in an Israeli startup, and crypto exchange Abra is giving away bitcoins for Christmas. Also read: […]

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Pantera Capital Braces for SEC Action Against 25 Percent of ICO Investments

Pantera Braces for SEC Action Against 25 Percent of ICO InvestmentsIncreasingly frequent action taken by the SEC against initial coin offerings is expected to lead to more cryptocurrency projects being forced to refund investors. Among those expected to be affected is the first U.S.-based cryptocurrency investment firm, Pantera Capital, with the company bracing to receive refunds on a quarter of its ICO investments. Also Read: BTI […]

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