Vitalik Buterin: bitcoin price forecasts are bullshit
Vitalik Buterin, cofounder of the Ethereum blockchain ecosystem, believes that popular methods for predicting the value of securities are not suitable for cryptocurrencies.
Stephen Seagal fined $300,000 for advertising ICO project
American actor and action star Steven Seagal agreed to pay a fine of $314,000 for participating in the advertising of the ICO project on social networks in 2018.
Unknown miner appropriates thousands of BCH coins lost by owners
An unidentified mining pool managed to return thousands of BCH coins that were mistakenly sent by their owners to addresses on the bitcoin network. Within two years, this miner did not return a cent to BCH owners but appropriated all coins worth millions of US dollars.
Cryptocurrency exchange lost court case of canceled transactions
The Singapore Court of Appeal found the actions of Quoine illegal. The exchange platform canceled seven trades worth $12 mln executed at an overrated price as a result of a technical malfunction.
Chinese miners move to Central Asia
Rising electricity prices in China and pressure from local authorities are forcing Chinese miners to look for new locations to place mining capacities. Many choose nearby countries such as Kazakhstan and Uzbekistan.
Hackers stole $45 million in bitcoins from Chinese whale
A Chinese investor lost $45 million in bitcoins and BCH as a result of a hacker attack allegedly via SIM swap. Now the victim tries to find support of miners.
Opinion: halving will double bitcoin price
The effect of the upcoming halving has not yet been taken into account in the price of bitcoin, which means that after reducing the reward, we can see an increase in the BTC rate, says CEO of Binance.
Russia to prohibit cryptocurrency payments
The Russian security services and the Central Bank of Russia reached a consensus on the regulation of virtual money. They propose to prohibit paying with cryptocurrencies in Russia, and allow exchange operations only through operators with special license.
Opinion: digital renminbi will not have impact on cryptocurrency market
The eToro analyst believes that the digital yuan, which the People’s Bank of China plans to issue, is unlikely to affect the cryptocurrency market in the long term. The project launch is expected in the fall of 2020.
TRON buys Steemit, community disappointed
Steemit, blockchain-based blogging platform, is moving from its own blockchain to the TRON network. The project struggled difficulties for several years and a drop in interest after Steemit co-founder Dan Larimer left the project.
Shares of Chinese mining giant grew by 50% on Nasdaq
The price of shares of the Chinese mining giant Canaan Creative suddenly jumped up 1.5 times. So far, this is the only manufacturer of mining equipment from China, which is traded on a traditional exchange.
Analysis: activity in Ethereum blockchain grows but ETH seems to be overbought
Within one week, the number of active addresses in the Ethereum blockchain jumped by a quarter, while transaction number grew by 21%. However, the price of ETH demonstrates signs of overbought.
North Korea suspected of tenfold increase in Monero mining
The authorities of North Korea are increasing mining capacities and repeatedly increased the production of Monero within the last two years. Monero attracts Pyongyang as a cryptocurrency with a high degree of confidentiality that can help circumvent international sanctions.
CipherTrace: cryptocurrency lost in crimes in 2019 exceeds $4.5 billion
Cryptocurrency crime led to a loss of $4.52 billion in 2019. The volume of lost digital assets doubled in a year.
Bitcoin surpasses $10,000
Bulls managed to break through the defense of bears in the cryptocurrency market, and the bitcoin price returned to the zone higher than the $10,000 level.
Switzerland to tighten crypto regulation
The Swiss financial market surveillance agency proposed stricter cryptocurrency anti-money laundering (AML) rules.
