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Monday, May 4, 2020

CryptoCurrency News: Bitcoin Mining Difficulty Nears All-Time High in Final Adjustment Before Halving



Bitcoin mining difficulty increased to 16.10 trillion (T) on Tuesday, close to the network’s all-time high of 16.55 T recorded in March.

via CoinDesk

CryptoCurrency News: Telegram Withdraws Offer to Repay Investors With Gram Tokens



Telegram says it won't be repaying investors in its 2018 TON token sale in gram tokens, one week after saying it could do so once the network launches.

via CoinDesk

CryptoCurrency News: IBM, Merck Declare FDA-Backed Drug Tracing Blockchain a Success



IBM, Merck, Walmart and KPMG’s drug-tracing blockchain pilot exceeded the interoperability benchmarks set by the Food and Drug Administration, the group said.

via CoinDesk

CryptoCurrency News: Market Wrap: Bitcoin Dips to $8.8K but Optimism Seen Continuing Ahead of Halving



After a flurry of trading late last week, bitcoin dipped on lower volume.

via CoinDesk

CryptoCurrency News: Why Warren Buffett’s Bearishness Should End V-Shaped Recovery Talk



NLW unpacks a meaningful shift as the famously optimistic Warren Buffett struck a more sober note at Berkshire Hathaway’s first virtual annual meeting.

via CoinDesk

CryptoCurrency News: Stablecoins Push Ethereum’s Transaction Count to Highest Since July 2019



Ethereum’s transaction counts have surged by 72% since mid-February

via CoinDesk

CryptoCurrency News: Blockchain Bites: Bitfinex Sues, Miners Prepare, Congress Considers



The U.S. Senate is considering blockchain voting during the COVID-19 crisis, while crypto becomes a mainstay in the Middle East.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for May 4, 2020



May the BTC be with you. It's CoinDesk's Markets Daily podcast.

via CoinDesk

CryptoCurrency News: NEAR Protocol Launches Following $21M Token Sale Led by Andreessen Horowitz



NEAR announced Monday the closing of a $21.6 million token sale involving a16z, Pantera and others. It also revealed the stealth-mode launch of the NEAR mainnet on April 22.

via CoinDesk

CryptoCurrency News: Marketing Ethereum 2.0 and Herding Cats With Hudson Jameson



CoinDesk's Nolan Baurle speaks with the Ethereum Foundation's Hudson Jameson about private transactions, client improvements, dealing with FUD on Ethereum and more.

via CoinDesk

CryptoCurrency News: Hackers Plant Crypto Miners by Exploiting Flaw in Popular Server Framework Salt



Hackers have exploited a critical flaw in infrastructure management tool Salt and, in one case planted crypto mining software.

via CoinDesk

CryptoCurrency News: Kyber to Offer Delegated Token Staking After Coming Network Upgrade



A new partnership with StakeWith.US will allow community members to delegate staking if they don't have time or knowledge to get directly involved in governance, said Kyber.

via CoinDesk

CryptoCurrency News: The Stablecoin Surge Is Built on Smoke and Mirrors



Are stablecoins fully backed by reserves? Are they FDIC-insured? Stablecoins may be too good to be true, says our columnist.

via CoinDesk

CryptoCurrency News: First Mover: Capitalism’s Biggest Crisis Isn’t Driving People to Bitcoin – It’s the Volatility



The post-Bretton Woods system is on the ropes, but what's driving interest into bitcoin is price volatility and the upcoming halving event.

via CoinDesk

CryptoCurrency News: Bitcoin in Emerging Markets: The Middle East



Regions with weak states and educated diasporas are seeing a rising demand for cryptocurrencies, stablecoins and decentralized applications.

via CoinDesk

CryptoCurrency News: Bitcoin Price May Drop After Halving, Historical Data Shows



Bitcoin has again rallied sharply in the weeks leading up to the impending halving event, but if historic patterns are anything to go by, the cryptocurrency could suffer a temporary price pullback following the event.

via CoinDesk

CryptoCurrency News: US Court Dismisses Lawsuit Over Riot Blockchain’s Crypto Pivot



A U.S. judge has dismissed a lawsuit alleging the firm changed its name to include "blockchain" in 2017 to boost its share price.

via CoinDesk

CryptoCurrency News: US Senate Staffers Float Blockchain Voting if Chamber Goes Remote



U.S. Senate staffers, hunting for tech to keep their chamber legislating through crises, floated blockchain voting in an April 30 continuity of Senate memo.

via CoinDesk

CryptoCurrency News: BitMEX Restricts Access to Japanese Residents, Citing Changes to Local Law



New BitMEX users in Japan will be unable to open positions after the exchange restricted some accounts in accordance with new regulations.

via CoinDesk

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