Today at Chaintalk News

July 4, 2020

Crypto Weekly News: BoJ Not Ready for National Digital Currency, Blockchain Takes Over Hong Kong’s Fintech Sector

By ChainTalk TV

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The IRS Investigation Division Is Requesting Information About Privacy-Centric Cryptocurrencies

The United States tax agency has published a request for information pertaining to privacy-centric cryptocurrencies and technologies that obfuscate crypto transactions. The IRS-CI Cyber Crimes Unit request is also asking for information in relation to “layer two offchain protocol networks, sidechains, and the Schnorr Signature algorithm. A recently published IRS-CI Cyber Crimes Unit request that’s […]The post The IRS Investigation Division Is Requesting Information About Privacy-Centric Cryptocurrencies appeared first on Bitcoin News.
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A Signal Last Seen Before Bitcoin Plunged to $3,700 Is About to Return

To many, determining which direction Bitcoin trends from here is a coin toss. One trader shared the image below with the caption: “You guys still trading this garbage? I’m not doing anything until one of these lines gets hit.” That’s to say, the analyst isn’t taking a trading position in Bitcoin because he has no […]
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This Alarming Pattern Suggests Bitcoin Could Soon Crater Lower

As Bitcoin continues its range-bound trading phase, traders are placing their bets on which direction it will trend next This consolidation has caused the cryptocurrency’s volatility to plunge to lows not seen in over a year It is unlikely that this trend will last for too much longer, as extended bouts of sideways trading are typically followed by massive movements One technical pattern that is strikingly similar to that seen in 2019 is now suggesting […]
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Bad Ravencoin Code Allows Attackers to Generate Coins Without Mining

“The vulnerability does not allow the stealing of RVN or assets that you own and control, but the minting did create RVN that should not exist,” said developer Tron Black.
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cointelegraph

Ransomware Targets Outdated Microsoft Excel Macros to Deploy Attacks

Avaddon ransomware is exploiting Excel 4.0 macros to deploy an attack against users.

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Ransomware Targets Outdated Microsoft Excel Macros to Deploy Attacks

Avaddon ransomware is exploiting Excel 4.0 macros to deploy an attack against users.
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How a Bitcoin dev hub is building a future for free software

Cryptography pioneer Christopher Allen started Blockchain Commons to build free and open-source tools for Bitcoin. Now he's got fresh talent to help.
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John McAfee Unveils Ghost Coin to Mixed Reactions

Controversial anti-virus figure John McAfee is at it again. This time, he’s gone from inventing software to inventing a new kind of cryptocurrency he’s dubbed Ghost Coin, and already the currency seems to be garnering mainstream attention from companies like Disney. John McAfee Is Meandering Through the Crypto Space… Again Ghost Coin is a privacy-focused...The post John McAfee Unveils Ghost Coin to Mixed Reactions appeared first on Live Bitcoin News.
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Analyst Who Predicted Bitcoin’s V-Shaped Reversal at $3,700 Is Bullish

It’s been a tough past few weeks for the Bitcoin market. Some are skeptical that the cryptocurrency is in a bull trend after BTC has sustained multiple rejections at $10,000. Yet a trader that nailed a bold prediction remains optimistic, sharing a number of signals indicating imminent upside. Bitcoin Could Soon See a Bounce, Says […]
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Here’s Why Ethereum’s Consolidation Could Result in an Explosive Move to $480

Ethereum has been consolidating over the past few days within the $220 region. Although on the surface its price structure seems similar to that of Bitcoin and its peers, it is important to note that it is currently stuck beneath its long-held trading range between $230 and $250. Its sustained bout of trading below this […]
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Blockchain-based aid: Oxfam planning big

Blockchain-based aid is a step forward to helping those in need, much efficiently than before. The Blockchain community is steadfast in generously donating to help fight world poverty. One contribution was recently made to a Belfast-based charity running in Ireland. A total sum of one million Euros ($1.1 million) was sent over by the blockchain […]
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Despite Covid-19 Negativity, Crypto Prediction Markets Say Trump Wins the 2020 Election

According to a number of crypto prediction markets and futures, Trump will still win the election in 123 days, but his chances have lessened a great deal. No matter who wins, however, the large sums of money flowing into these wager platforms indicate that people love to bet on election outcomes. It’s been roughly four […]The post Despite Covid-19 Negativity, Crypto Prediction Markets Say Trump Wins the 2020 Election appeared first on Bitcoin News.
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Is Ripple exploring ODL between Europe, Mexico, Australia?

With every passing day, the prospect of cashless transactions is becoming more and more enticing, especially since the pandemic is making cash vulnerable. Many traditional banks have been taking stepsThe post Is Ripple exploring ODL between Europe, Mexico, Australia? appeared first on AMBCrypto.
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Vitalik: We Underestimated How Long Proof-of-Stake and Sharding Would Take to Complete

Ethereum co-founder Vitalik Buterin mentioned looking back at Ethereum’s development.
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cointelegraph

Vitalik: We Underestimated How Long Proof-of-Stake and Sharding Would Take to Complete

Ethereum co-founder Vitalik Buterin mentioned looking back at Ethereum’s development.

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UK High Court denies Maduro's claim to Venezuelan gold

The UK's High Court has ruled that the controversial de facto president of Venezuela doesn't have a legal claim to gold stored in the Bank of England's vaults.
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Here’s the “Do or Die” Price That Will Determine Ethereum’s Macro Trend

Ethereum has remained stuck beneath its crucial near-term resistance level at $230 The crypto has been ranging sideways alongside Bitcoin and many of its peers, but it has been unable to remain within its long-held trading range The break below this range appears to be a grim sign for the crypto Where it trends next could largely depend on how it reacts to a crucial level that it is trading 10% above Holding above this […]
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UK Regulators Shut Down Crypto Exchange Following £1.5m Scam

GPay Limited, which traded as XtraderFX (formerly CryptoPoint) has been shut down by UK authorities following investigations into its practices. The firm has been on the radar of the Financial Conduct Authority for over two years. But a High Court hearing, before Deputy Insolvency & Companies Court Judge Baister, finally forced it to close last […]
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$4 Billion OneCoin Crypto Ponzi Scheme Promoter in Singapore To Pay $72,000 Fine

A 52-year-old Singaporean man has been found guilty of promoting the infamous OneCoin cryptocurrency Ponzi scheme more than three years ago. Man to Pay $72,000 As Fine According to reports by local media The Straits Times, Fok Fook Seng, a middle-age Singaporean citizen, was convicted for engaging in marketing activities that link to OneCoin between […]The post $4 Billion OneCoin Crypto Ponzi Scheme Promoter in Singapore To Pay $72,000 Fine appeared first on CryptoPotato.
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2020 Top DeFi Projects to Follow

Decentralized finance (DeFi) is the idea of rebuilding the infrastructure of financial services and moving it onto decentralized networks to take the industry from a centralized system full of monopolies towards a trustless and transparent world that runs with no intermediaries. At present, it mainly exists in the Ethereum blockchain. DeFi decentralized applications have mainly […]The post 2020 Top DeFi Projects to Follow appeared first on The Daily Hodl.
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Telecom Giant Thinks Blockchain Can Make Phone Insurance More Convenient

This South Korean company joined forces with Samsung to forward requests to insurance companies using Blockchain technology.
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cointelegraph

Telecom Giant Thinks Blockchain Can Make Phone Insurance More Convenient

This South Korean company joined forces with Samsung to forward requests to insurance companies using Blockchain technology.

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This Binance Launchpad Alum Believes It Has Cardano, EOS & Algorand Beat

This Eastern European proof-of-stake upstart believes it has better technology than Cardano, EOS, & Algorand.
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cointelegraph

This Binance Launchpad Alum Believes It Has Cardano, EOS & Algorand Beat

This Eastern European proof-of-stake upstart believes it has better technology than Cardano, EOS, & Algorand.

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Bitcoin miners to experience a 4 percent increase in mining difficulty

Bitcoin miners are still out there if you’re wondering, and their rigs are still up and running. Bitcoin mining on the other hand is a whole different business and it seems that the miners will be experiencing difficulty getting the grub. The ‘thermocap’ for Bitcoin, or its all-time mining revenue, just didn’t rebound after hitting […]
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cointelegraph

OKEx Now Features Latin American Fiat Gateway with Latamex

OKEx partners with major LATAM digital settlement network to unlock crypto purchases with three local currencies.

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OKEx Now Features Latin American Fiat Gateway with Latamex

OKEx partners with major LATAM digital settlement network to unlock crypto purchases with three local currencies.
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Price Analysis 7/3: BTC, ETH, XRP, BCH, BSV, LTC, ADA, BNB, EOS. CRO

Bitcoin and many altcoins are struggling to rise above the 20-day EMA, suggesting bears have the advantage in the short-term.
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cointelegraph

Price Analysis 7/3: BTC, ETH, XRP, BCH, BSV, LTC, ADA, BNB, EOS. CRO

Bitcoin and many altcoins are struggling to rise above the 20-day EMA, suggesting bears have the advantage in the short-term.

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Kyber Network (KNC) Price Skyrockets 28% Today, Here Is Why

Kyber Network’s native token KNC has extended the aggressive rally that started to accelerate at the end of June. On Friday alone, the token has gained over 27% against the US dollar. The surge comes several days ahead of Kyber Network’s next protocol update planned for July 7. KNC Hits Highest Level in 2 Years […]The post Kyber Network (KNC) Price Skyrockets 28% Today, Here Is Why appeared first on CryptoPotato.
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NYDIG’s $190m Bitcoin fund makes it one of the biggest crypto players

The investment group is becoming one of the biggest institutional players in crypto, as it closes a $190 million Bitcoin fund.
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UK Regulators Shutter Phony Crypto Exchange GPay

A high court in the United Kingdom has ordered the shutdown of an alleged cryptocurrency scam exchange known as GPay, which potentially robbed customers of more than $1.8 million in digital funds. GPay Is Closing Its Doors The court alleges that the company used fake celebrity endorsements to entice people to step aboard the crypto...The post UK Regulators Shutter Phony Crypto Exchange GPay appeared first on Live Bitcoin News.
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Bitcoin's price expectation depends on how much money you have

With Bitcoin's price expectations, there are usually three camps. Well, there's actually just two, but the third one doesn't count, because it is filled with level-headed people. There's one camp, coThe post Bitcoin's price expectation depends on how much money you have appeared first on AMBCrypto.
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Sparks Fly as Critics Question Bitcoin Model Predicting $100,000 by 2021

The Bitcoin Stock to Flow (S2F) model created by the pseudonymous analyst “PlanB” has been a controversial subject over the past year. A majority of cryptocurrency investors on Twitter seemingly believe in the model, though it’s increasingly come under fire. Debate about PlanB’s work has come to a head over the past few days as […]
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Kraken’s Head of Business: “Bitcoin Could Go to $1,000,000”

Kraken Head of Business Dan Held explains why he believes Bitcoin could reach $1,000,000.
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Here’s How to Expand Who Contributes to Bitcoin Core

A Bitcoin Core dev and her exchange partner discuss Bitcoin and privacy and how to incentivize more developers to contribute to the protocol.
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cointelegraph

Kraken’s Head of Business: ‘Bitcoin Could Go to $1,000,000‘

Kraken Head of Business Dan Held explains why he believes Bitcoin could reach $1,000,000.

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Ebang Plans Offshore Exchange as NASDAQ Share Prices Falter

Chinese crypto mining manufacturer Ebang has announced plans to launch an offshore exchange following the firm's stock listing on NASDAQ last week.
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cointelegraph

Law Decoded: Independence Day Sees Challenges to Privacy, Property and Security, June 26–July 3

Bitcoin isn’t property under new Russian ruling while authorities in the U.S. and the EU challenge encrypted networks in this week’s Law Decoded.

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Law Decoded: Independence Day Sees Challenges to Privacy, Property and Security, June 26–July 3

Bitcoin isn’t property under new Russian ruling while authorities in the U.S. and the EU challenge encrypted networks in this week’s Law Decoded.
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Huobi Integrates Services with Chainlink, Will Support Network with Standalone Node

Huobi, one of the world’s leading cryptocurrency exchanges, is integrating its services with Chainlink with further plans to run a full node to support the network. Huobi has announced an...
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EOSIO-Based Social Media Platform Voice Briefly Goes Live Ahead of Schedule

Originally scheduled for launch in fall 2019, Block.one’s blockchain social media platform Voice briefly went live on July 3.
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cointelegraph

EOSIO-Based Social Media Platform Voice Briefly Goes Live Ahead of Schedule

Originally scheduled for launch in fall 2019, Block.one’s blockchain social media platform Voice briefly went live on July 3.

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Irish Charity Receives $1.1 Million Grant to Build Blockchain Platform for Aid Distribution

The grant will also allow Oxfam to scale the project across the Pacific region and explore its potential in sub-Saharan Africa and the Caribbean.
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Investment Firm Arcane Crypto to Go Public via $33 Million Reverse Merger

Arcane Crypto, a Norway-based investment company, said Thursday that it is planning to go public through a reverse takeover by Vertical Ventures, a publicly traded Swedish firm. Vertical Ventures will buy Arcane Crypto for $33 million by issuing over 6.6 billion new shares. Each share cost $0.005 or half a cent, according to a statement […]The post Investment Firm Arcane Crypto to Go Public via $33 Million Reverse Merger appeared first on Bitcoin News.
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Bitcoin Community Celebrates as Crucial Lightning Network Project Launches

Despite it having a strong fundamental premise, Bitcoin’s Lightning Network has yet to see the adoption that its proponents hoped would happen. According to Lightning data provider 1ML, there is only $9 million worth of BTC locked in the network. There are also only 13,000 Lightning nodes, which, while many more than last year, is […]
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Bitcoin’s Volume is at the “End of the Line” Signaling Volatility is Imminent

Bitcoin’s range-bound trading is showing no signs of letting up as the crypto continues trading sideways within the lower-$9,000 region It does appear to be laying the groundwork to make a massive movement Data suggests that this movement could be imminent in the days ahead, potentially setting the tone for which direction it trends next There are a few other factors that are likely to influence its near-term price action as well One analyst notes […]
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Tron’s logo joins the growing list of crypto emojis on Twitter

CEO Justin Sun revealed Tron’s branded hashtag emoji ahead of the "Great Voyage" Tron 4.0 launch event.
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Kyber Moons on DAO Staking

Kyber, the ethereum based decentralized finance dapp focused on providing liquidity to defi platforms, has seen a 4x increase in its price. Kyber was trading at about 50 cent in...
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cointelegraph

Ethereum DeFi Broke Records in June, But Other Categories Are Suffering

Ethereum’s 2020 DeFi boom came at the cost of its gaming ecosystem.

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Ethereum DeFi Broke Records in June, But Other Categories Are Suffering

Ethereum’s 2020 DeFi boom came at the cost of its gaming ecosystem.
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Cardano’s ADA May Be Listed on Coinbase Before the End of 2020

Cardano’s ADA may be listed on Coinbase by the end of 2020, this comes on the heels of the announcement that ADA holders will be able to stake their assets locked in the exchange’s vault.
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cointelegraph

Cardano’s ADA May Be Listed on Coinbase Before the End of 2020

Cardano’s ADA may be listed on Coinbase by the end of 2020. This comes on the heels of the announcement that ADA holders will be able to stake their assets locked in the exchange’s vault.

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OKEx Adds 10 New Charts to its skewAnalytics Dashboard, Increases Transparency

The global crypto spot exchange and derivatives trading platform, OKEx has taken its partnership with one of the trusted crypto derivatives market data platform Skew to the next level. According to a recent announcement by OKEx, it will be adding ten new advanced charts featuring in-depth metrics to its dashboard on the skew platform. Leaders […]
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Wirecard Folds: A Blow to Crypto Cards, but a Chance for Blockchain

A temporary nuisance for crypto debit card holders, the Wirecard debacle reminds the public of the problems blockchain technology was designed to fix.
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cointelegraph

Wirecard Folds: A Blow to Crypto Cards, but a Chance for Blockchain

A temporary nuisance for crypto debit card holders, the Wirecard debacle reminds the public of the problems blockchain technology was designed to fix.

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Cardano Developer IOHK Kicks Off Shelley Virtual Summit By Unveiling Huge Plans For The Cardano Ecosystem

Cardano’s parent company Input Output Hong Kong (IOHK) kicked off the first day of the Shelley virtual summit on July 2 by announcing the launch of a $20 million fund amid the ongoing transition to Shelley era. This fund will be used in the development of startups that use Cardano and create initiatives in the […]
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How to keep your Bitcoin safe and secure

With over $1 billion in Bitcoin stolen to date, it's vital to keep yours secure. There are a wealth of wallet options, depending on your requirements.
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Former US Treasury Secretary Larry Summers Expects ‘A Ton of Innovation’ Around Stablecoins

Former U.S. Treasury Secretary Lawrence Summers praised stablecoins last week, saying he sees uses cases in cross-border transactions as one example.
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AT&T Sued Over Crypto Losses Due to SIM-Swapping

Phone service provider AT&T is once again being sued over a potential SIM-swapping case. This time, the plaintiff is a man named Seth Shapiro, who says that AT&T mishandled his number transfer, causing him to lose as much as $1.9 million in cryptocurrency funds. SIM-Swapping Isn’t Disappearing SIM-swapping has become one of the most dangerous...The post AT&T Sued Over Crypto Losses Due to SIM-Swapping appeared first on Live Bitcoin News.
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June Crypto Wrap: The Bears Took Control of Bitcoin (BTC)

Another month went by and the $10,000-level continues to prevent Bitcoin from resuming its historic uptrend. On June 1st, the flagship cryptocurrency signaled that it was ready to advance higher. It surged 8.60% from a monthly open of $9,450 to $10,500. However, the bears stepped in and took full control as unaware investors were growing […]The post June Crypto Wrap: The Bears Took Control of Bitcoin (BTC) appeared first on The Daily Hodl.
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Tezos, Stellar Lumens, Zcash Price Analysis: 03 July

Owing to Bitcoin's dominance in the cryptocurrency market, both with respect to market cap and volume, many altcoins' prices are defined by BTC's fortunes. When Bitcoin falls, so do they, and when BitThe post Tezos, Stellar Lumens, Zcash Price Analysis: 03 July appeared first on AMBCrypto.
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cointelegraph

Vitalik Buterin Uses Questionable Historical Comparison to Explain Crypto Tribalism

The Ethereum co-founder cites an unlikely source to explain blockchain in-fighting.

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cointelegraph

Russia to Reportedly Investigate an Allegedly Fraudulent TON Offering in UK

Russian prosecutors are reportedly investigating a British firm that allegedly sold fraudulent Gram tokens.

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cointelegraph

Tron is the Fourth Blockchain to Receive a Coveted Twitter Emoji

Tron becomes the fourth blockchain project to be assigned branded hashtags, outspending competition with five hashtags at once.

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cointelegraph

Ripple Likely Sold XRP in an Unregistered Securities Offering

The former CFTC chair’s analysis stating that Ripple’s XRP is not a security might be wrong.

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cointelegraph

Coinbase and Circle-Backed Stablecoin USD Coin Breaks $1B Market Cap

Launched by the Centre Consortium in October 2018, USD Coin reached a $1 billion market cap in 21 months.

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cointelegraph

Interoperable Blockchains May Be the Future of Finance but Have a Ways Yet to Go

As interoperable blockchain solutions gain traction, many believe that the technology is still relatively nascent and needs more polishing.

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cointelegraph

Report: $300B Worth of Food Will Be Traced Using Blockchain and IoT by 2027

A report claims that the global food industry could save over $100 billion annually by implementing blockchain and IoT technology.

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cointelegraph

Vulnerability in Ravencoin Creates Extra 1.5% of Maximum Supply for Hackers

An issuance vulnerability resulted in the creation of an extra 5% of Ravencoin’s current supply.

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cointelegraph

OneCoin Marketing Scam Operator Fined $72,000 in Singapore

A Singapore man was fined $72,000 for operating a multi-level marketing scheme linked to the Ponzi scheme OneCoin.

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cointelegraph

Chinese Supply Chain Innovator to Develop Blockchain System for SMEs

The Binance China Blockchain Institute has partnered with a state-level enterprise to jointly develop new digital infrastructure for small and medium enterprises in the country.

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cointelegraph

Set Your Alarms: Most Bitcoin Is Now Traded During These Hours

The start of trading in New York appears to impact Bitcoin volatility much more than other stock markets.

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cointelegraph

Bitcoin 90-Day Active Supply Soars to Pre-2017 Bull Run Level: Report

An on-chain metric which has been declining since 2017 is now signaling a bullish trend, analysts from Stack Funds say.

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cointelegraph

Stock in Crypto Mining Firms Riot and Hive Massively Outperforms Bitcoin

While shares in Riot Blockchain and Hive Blockchain eclipse Bitcoin’s YTD gains, other mining firms have not fared so well — with Canaan crashing nearly 70%.

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cointelegraph

Blockchain Australia Seeks to Build Industry Confidence With New CEO

Blockchain Australia has appointed a new CEO in an effort to improve blockchain awareness and application across Australia.

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cointelegraph

Bank of Japan Will Begin Experimenting With a Digital Yen

The Bank of Japan announced on Thursday that it would experiment with a CBDC to check its feasibility from a technical perspective.

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cointelegraph

Tech Entrepreneur Offers Bitcoin Bounty in Campaign Against Vox

Balaji Srinivasan has promised a $1000 BTC bounty to anyone who can get Recode’s Kara Swisher to retract a story on COVID-19.

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cointelegraph

BCH Backer Claims Bitcoin Wallet Double-Spend Issue Hasn’t Been Fixed

BRD, Ledger Live, and Edge are among the wallets vulnerable to a new double-spend exploit, but some believe the vulnerability is inherent to Bitcoin itself.

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cointelegraph

Huobi Becomes First Major Exchange to Run a Chainlink Node

Huobi has become the first major exchange to run a Chainlink node in an effort to improve data authenticity and integrity.

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