CryptoCurrency News: Hackers, Scammers Have Stolen $7.6B in Crypto Since 2011

Billions of dollars have been stolen through exchange hacks and scams, according to a new report from blockchain analytics firm Crystal Blockchain.

via CoinDesk

CryptoCurrency News: MakerDAO’s DAI Stablecoin Breaks $1B Market Cap

The stablecoin dai (DAI) broke a market capitalization of $1 billion on Wednesday, a major milestone for the DeFi pioneer.

via CoinDesk

CryptoCurrency News: Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract

Bitcoin’s price closed in on $16,000 before losing steam while over $20 million in ether is already staked for the Ethereum 2.0 upgrade.

via CoinDesk

CryptoCurrency News: Venezuela’s Bitcoin Story Puts It in a Category of One

Venezuela’s peer-to-peer bitcoin activity has been extraordinary, whether measured as an absolute or relative to GDP, according to CoinDesk Research data.

via CoinDesk

CryptoCurrency News: Discovering Bitcoin Through the #EndSARS Movement, Feat. Yele Bademosi & Akin Sawyerr

When the Nigerian government shut down #EndSARS protestors’ bank accounts, bitcoin and crypto became a way around.

via CoinDesk

CryptoCurrency News: Flash Loans Aren’t the Problem, Centralized Price Oracles Are

Flash loans attacks have received a lot of press attention. But they're not DeFi's biggest vulnerability, says Chainlink's CMO.

via CoinDesk

CryptoCurrency News: US Representatives Rip OCC, Brooks for ‘Excessive Focus’ on Crypto

Congressional Democrats blasted the OCC and Acting Comptroller Brooks for spending time on crypto during a pandemic.

via CoinDesk

CryptoCurrency News: Blockchain Bites: Bitcoin’s Path to $20K, Ethereum’s ‘Unannounced’ Fork and Biden’s Crypto-Friendly Picks

ALSO: ShapeShift delists three privacy coins citing regulatory uncertainty and $3 billion in blockchain bonds come to market on Friday.

via CoinDesk

CryptoCurrency News: Binance Gives $200K to Investigators Who Helped Identify Actors Behind 2018 Attack

The exchange has awarded a bounty of $200,000 to private investigators who helped now-indicted bad actors who attacked the exchange in 2018.

via CoinDesk

CryptoCurrency News: Bridgewater’s Dalio Sees Governments Banning Bitcoin Should It Become ‘Material’

The founder of the world's largest hedge fund said he sees three main problems with bitcoin and other cryptocurrencies.

via CoinDesk

CryptoCurrency News: Bitcoin Hashrate Rebounds as Asian Miners Bring Machines Back Online

After moving machines out of Sichuan, miners are bringing ASICs back online.

via CoinDesk

CryptoCurrency News: Ethereum Heavyweights Launch LiquidStake Loans to Ease Eth 2.0 ‘Lockup’

A coalition of Ethereum OGs is tackling Eth 2.0's "lockup" issue with LiquidStake and USDC rewards.

via CoinDesk

CryptoCurrency News: African Startups Should Tokenize to Break Biased Funding Cycles

Startup capital in Africa still favors foreign founders at the expense of homegrown projects. A proposal to break the cycle.

via CoinDesk

CryptoCurrency News: First Mover: Bitcoin Pause, Ethereum Snafu, 1,000% Returns Put Focus on Exchange Tokens

Binance Coin and exchange tokens are popping as bitcoin's rally shows signs of temporary exhaustion and Ethereum gets snared in blockchain split.

via CoinDesk

CryptoCurrency News: Number of Bitcoin ATMs Up 85% This Year as Coronavirus Drives Adoption

The number of bitcoin ATMs across the globe has surged amid a coronavirus-induced shift toward contactless payments.

via CoinDesk

CryptoCurrency News: TrustToken Taps Chainlink for On-Chain Proof of Reserves for TrueUSD Stablecoin

The transparency measure is meant to provide additional certainty for decentralized finance (DeFi) traders who often rely on asset-backed stablecoins.

via CoinDesk

CryptoCurrency News: Bitcoin Likely to Consolidate Before December Rise Toward $20K, Say Analysts

The bitcoin market is likely to take a breather before continuing its rise toward $20,000 the end of the year, analysts told CoinDesk.

via CoinDesk

CryptoCurrency News: Audius Has Big Numbers by Crypto Standards but Can It Take On SoundCloud?

A blockchain-based streaming site is betting tokens can win over artists and fans.

via CoinDesk

CryptoCurrency News: ShareRing Brings Its Blockchain Identity Solution to Rakuten Travel Bookers

The integration will mean Rakuten Travel Xchange customers can opt to use ShareRing's self-sovereign identity app to access bookings.

via CoinDesk

CryptoCurrency News: Exchange Tokens Are Skyrocketing as They Act More Like Equity; That Could be a Problem

Centralized exchange tokens have been skyrocketing this year, but there is one problem behind the astonishing performance: they are becoming more equity alike.

via CoinDesk

CryptoCurrency News: Ethereum Service Providers Experience Issues After Reported Blockchain Split

The Ethereum blockchain network looks to be suffering issues Friday morning, with knock-on effects at related service providers.

via CoinDesk

CryptoCurrency News: World’s Second Biggest Bank to Issue $3B in Bonds Tradable for Bitcoin

China Construction Bank will issue the debt securities over a blockchain, with trading to be available against bitcoin and U.S. dollars via an exchange partner.

via CoinDesk

CryptoCurrency News: Cyberattackers Demand $11M in Bitcoin From Japanese Gaming Giant Capcom

Japanese gaming giant Capcom’s networks have reportedly come under attack, with criminals demanding a bitcoin ransom in exchange for not leaking confidential company information to the public.

via CoinDesk