News

The People’s Bank of China (PBOC) will roll out China’s sovereign digital currency, DC/EP, as early as November this year, distributing it to seven institutions including Alibaba, Tencent, and the four largest banks in the world, two separate sources told Forbes. Paul Schulte, a former executive at China Construction Bank and Lehman Brothers Hong Kong, […]

A 24-year-old woman in Sydney was found guilty of stealing 100,000 XRP—worth $300,000 at the time of the theft—in January of last year, reported The Sydney Morning Herald. The perpetrator, Katherine Nguyen, is the first Australian found guilty of a crime involving cryptocurrency theft in the country. Background on the arrest Australian authorities arrested Nguyen […]

Wikipedia, the 7th most visited website in the world, is the latest website to join Brave Browser as a verified publisher. Wikipedia will now be able to accept tips and donations in Basic Attention Tokens, which could meaningfully increase the non-profit’s revenue. 7th most visited website becomes Brave publisher Brave is revolutionizing the online advertising […]

Binance admitted to leaking sensitive customer data through a third-party vendor which the exchange contracted in late 2017. Although the investigation is still ongoing, the crypto exchange announced it will offer free lifetime VIP memberships to all affected customers. Nonetheless, it seems the price of BNB plunged in response to the admission. Following the announcement […]

Craig Wright has been in the spotlight after losing a legal case against Ira Kleiman yesterday. Wright was ordered to turn over half of his Bitcoin holdings—worth over $5 billion—potentially tanking BTC. However, the effects on his pet project, Bitcoin SV, are not quite as clear. Bitcoin SV technical analysis The recent ruling in favor […]

Despite the bullish impulse seen across the entire market since mid-December 2018, XRP has been making lower lows without showing any signs of prompt recovery. In fact, while Bitcoin is up 230 percent from the low of December 2018, this cryptocurrency is down 5 percent. Some of the most prominent analysts are placing the blame […]

Craig Wright has spoken out in an exclusive with Modern Consensus in the first stated response to his bombshell legal loss against Ira Kleiman, claiming the verdict could collapse the price of Bitcoin as his legal opponent liquidates hundreds of thousands of BTC. Kleiman’s yearlong suit against Wright, who has for years inflamed key members […]

The Ethereum Foundation announced grants worth more than $2 million aimed at bolstering the development of Serenity, Ethereum’s long-awaited—but apparently “imminent”—scaling upgrade, ETH2.0. Approaching Serenity: Announcing Ethereum Foundation and Co-Funded Grants!https://t.co/ImJ3MrHre3 — Ethereum (@ethereum) August 26, 2019 The Switzerland-based nonprofit said Monday it co-led the grants with blockchain thinktank Protocol Labs and Ethereum-focused “venture production […]

A 4.8 percent impulse in Bitcoin’s price beginning Aug. 25 caused an unusual number of liquidations on BitMEX, wrecking $52 million in BTC short positions. Bitcoin shorts liquidated on BitMEX Notorious for its degenerate 100x leverage, BitMEX has been one of the most widely-used margin trading platforms in the world. These high-risk trades have the […]

Binance announced the launch of a lending platform, offering up to 15 percent annualized interest rate for 14-day fixed-term BNB, USDT, and ETC based instruments. Crypto lending comes to Binance Binance, one of the largest cryptocurrency exchanges in the world, officially announced the launch of its lending platform. According to the company’s Aug. 26 blog […]