Friday, June 7, 2019

CryptoCurrency News: Stolen Bitfinex BTC Is on the Move

Untouched since 2016, $1.37 million of stolen bitcoin changed wallets Friday.

via CoinDesk

CryptoCurrency News: Bitcoin Trade Volume on Coinbase Hit a 14-Month High in May

Coinbase recorded its most bitcoin trade volume in 14-months during May when over 739,000 bitcoin's traded hands, worth approximately $5.9 billion in today's value.

via CoinDesk

CryptoCurrency News: Vancouver Saw the First-Ever Bitcoin ATM. Now Its Mayor Wants to Ban Them

The decision will affect 76 machines within the city limits.

via CoinDesk

CryptoCurrency News: Reserve Bank of India Denies Involvement in Draft Bill to Ban Cryptocurrencies

India is embroiled in rumors of a cryptocurrency ban that would have made cryptocurrency mining, trading, and ownership illegal.

via CoinDesk

CryptoCurrency News: Ethereum Classic to Test Code for ‘Atlantis’ Upgrade This Month

Ethereum classic developers discussed during a call today the possibility of speeding up mainnet activation of system-wide upgrade, Atlantis. In compromise, a slightly adjusted test network activation timeline for June 19 was collectively agreed upon.

via CoinDesk

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CryptoCurrency News: May Was Best Month for CME Bitcoin Futures Volume Since 2017

May 2019 was the best month for CME bitcoin futures volume since launch in 2017.

via CoinDesk

CryptoCurrency News: Facebook’s ‘GlobalCoin’ Crypto Will Be Tied to Multiple Currencies: Exec

A Facebook executive has told a German magazine that the firm's planned stablecoin will be tied to a basket of fiat currencies.

via CoinDesk

CryptoCurrency News: Budweiser Owner Invests in Blockchain Startup Working to Alleviate Poverty

Budweiser's parent company, Anheuser-Busch InBev, is doubling down on its interest in using blockchain tech to assist unbanked workers.

via CoinDesk

CryptoCurrency News: Australia to Crack Down on Crypto Tax Avoidance Schemes

The Australian Taxation Office is hunting down major tax avoidance schemes using cryptocurrencies, according to a report.

via CoinDesk

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CryptoCurrency News: Bitcoin Price Eyes Stronger Recovery Rally After Bounce to $8K

Bitcoin has recovered to $8,000 after defending key support for two consecutive days and may remain well bid over the weekend. 

via CoinDesk

CryptoCurrency News: Crypto Developer Komodo ‘Hacks’ Wallet Users to Foil $13 Million Hack

Cryptocurrency wallet developer Komodo has effectively hacked its own customers to protect their funds from an external attack.

via CoinDesk

CryptoCurrency News: NEO Releases Detailed Financials Ahead of Cryptocurrency Relaunch

Many of the companies associated with NEO have proven to be a lucrative boon for token cofounders Erik Zhang and Da Hongfei.

via CoinDesk

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