The ranks of new crypto developers expanded this year for more than three months in a row for the first time since December 2017, according to a new report by crypto and blockchain-focused venture capital firm Electric Capital. However, with less than 8,800 active developers across all the ecosystems as of the end of October,…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Trading news It appears that large traders, whales, and institutions that accumulated bitcoin (BTC) around USD 10,000 levels decided to take profits during this rally, while retail traders mostly kept adding to their…
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There was a fresh bearish reaction in bitcoin price from the USD 18,500 resistance. BTC traded below the USD 18,200 level and it even declined below USD 18,000. The price is currently (05:00 UTC) consolidating near USD 18,000 and it seems like the bears are aiming more downsides towards USD 17,650 or USD 17,500. Similarly,…
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The building of the General Prosecutor’s Office of the Russian Federation in Moscow. Source: Adobe/Андрей Журавлев The office of the Russian Prosecutor General has redoubled its attempts to force government officials to declare their crypto holdings as part of a bid to wipe out corruption among civil servants – vowing that “there will be no…
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Cash has not lost its luster yet, as the global public still sees it as a vital hedge in times of crisis, stated a Deutsche Bank strategist – but the coronavirus pandemic has accelerated the rate at which people around the world are trashing cash in favor of digital forms of payment. In a session…
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In what he called an attempt to dry the financing of terrorism, French Finance Minister Bruno Le Maire has unveiled a regulation that is to enable the state to combat the anonymity of crypto transactions. Meanwhile, local crypto industry players and at least one politician accuse the ministry of potentially hampering the sector’s development. “It…
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More macro investors, who invest based on global economic patterns, are buying into the bitcoin (BTC) story now, with legendary investors like Paul Tudor Jones becoming first-movers into the market, according to David Olsson, Global Managing Director of European and Asian markets at BlockFi, a US-based major crypto lending and trading company. The number of…
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The Singaporean banking giant DBS has finally confirmed reports circulating since October that it is set to launch a range of crypto-related operations – including a crypto exchange offering trading in bitcoin (BTC) and major altcoins. (Updated at 14:39 UTC: a quote from Piyush Gupta was added). The news come just a matter of weeks…
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A number of people on social media sites have been reporting receiving or knowing people who have received phishing emails, pretending to be from France-based major hardware wallet manufacturer Ledger and attempting to steal people’s crypto. Some have reportedly lost all bitcoin (BTC) held in their wallets. As reported, Ledger announced this summer that it…
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Resistance to a new bill rumored to be in the pipelines at the American Treasury Department is growing amid fears that the measure is “potentially being jammed through without congressional review, and without meaningful industry engagement.” Many in the crypto industry – including Coinbase CEO Brian Armstrong – have expressed concern that the outgoing Treasury…
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