Tag: Altcoin News

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Prosecutors Want to Open 15 Nth Room Crypto Wallets But Have No Keys

South Korean police have seized 15 crypto wallets they believe belong to Telegram Nth room chief suspect Cho Joo-bin, who has today been formally charged with 14 capital offenses by prosecutors in Seoul. However, although the police’s extensive and ongoing investigation – which has seen officers seize data from five crypto exchanges and brokerages, with…
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Bitcoin Cash Lost 66% Of Its Hashrate, Bitcoin SV Miners Leaving Too

Today, Bitcoin SV (BSV) halved its mining reward for the first time, cutting it to BSV 6.25 (USD 1,195) per block and prompting some miners to leave the network, while Bitcoin Cash (BCH), two days after its first halving, still can’t stop its miners from leaving. BSV saw its hashrate, or the computing power of…
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Bithumb Under Pressure to Delist Monero as Nth Room Ire Continues

South Korean market-leading crypto exchange Bithumb is coming under pressure to delist monero (XMR) cryptocurrency as public outrage over the Telegram Nth room sexual exploitation and rape video case continues to dominate headlines in the country. Per a report from Sisa Journal, the pressure is now intensifying after rival trading platform Huobi Korea took the…
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Venezuela’s Response to the COVID-19 Pandemic? More Petro!

Venezuela’s economic situation – already perilous before the coronavirus pandemic – is now worsening due to the spread of the deadly disease. And with the fiat bolivar struggling, Caracas once again appears to be turning to its own, oil-backed token, the petro (PTR), in the search for economic answers. Per Diario Bitcoin, the National Association…
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Mining Monero on HTC Exodus 1s is Coming in 3 Months

HTC Exodus 1s smartphone users should soon be able to mine crypto directly on their phone. HTC, a major Taiwanese consumer electronics company, has partnered up with ASIC chip design company Midas Labs in order to enable users of the HTC blockchain-powered smartphone Exodus to utilize their devices to mine Monero (XMR) directly. This will…
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Steady Price Rise Brings XRP Back to Almost Pre-Crash Levels

XRP, the cryptoasset affiliated with California-based fintech company Ripple, appears to finally be catching up after heavy selling brought it down nearly 50% during the two darkest days of March. The rise in the price of XRP over the past 4 weeks has now brought the price almost back up to levels seen just before…
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Cryptopia’s Crypto is ‘Property’ and Owned by Account Holders – Judge

Source: Adobe/Studio_East The judge in the case of the troubled, New Zealand-based crypto exchange Cryptopia has found that the account holders, not the exchange, own the cryptoassets. As a short reminder, Cryptopia, founded in 2014, suffered a devastating hack in January 2019, when reportedly some USD 30 million in cryptoassets were stolen. The exchange was…
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Bitcoin Cash Miners Just Lost Half of Their Reward (UPDATED)

Source: Adobe/igor_kell The fifth-largest cryptoasset by market capitalization and a Bitcoin (BTC) hard fork, Bitcoin Cash (BCH), just went through its first halving, seeing the mining reward cut by half, to BTC 6.25 (USD 1,672) per block, which reduces the supply of new coins entering circulation. (Updated at 14:52 UTC: updates in bold). Congratulations to…
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The Smallest of the Biggest Bitcoins, Bitcoin SV, Rallies Ahead of Halving

In preparation for its first mining reward halving in less than two days, the smallest of the three biggest bitcoins, bitcoin SV (BSV), has outperformed all the top 10 cryptos today and in the past week. Currently (13:56 UTC), the sixth coin by market capitalization trades at USD 208. It appreciated almost 8% in a…
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Tezos, Chainlink Trim Gains After Rallying Over 20% In a Week

With the broader crypto market once again seeing optimistic trading in the past seven days, the two popular altcoins tezos (XTZ) and chainlink (LINK) shine for investors, with each recording gains of more than 20% over the past two weeks. As the market is correcting its gains today, as of press time on Wednesday (11:47…
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