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Binance posts summary of May hack
20 May, 2019 17:05

Binance posts summary of May hack

The head of the leading cryptocurrency exchange Binance, Changpeng Zhao has published on the company's website a report in which he provided details and comments regarding the early-May hack which caused a loss of 7,000 BTC. 

Scam Bitconnect project announces rebirth
20 May, 2019 17:02

Scam Bitconnect project announces rebirth

Against the background of growing cryptocurrency market, the organizers of the fraudulent project Bitconnect announced their return to the market. In the message that was posted on Twitter, it was indicated a new version of Bitconnect 2.0, which will be launched on July 1.

Whatsapp expands its services with cryptocurrency transactions
20 May, 2019 13:50

Whatsapp expands its services with cryptocurrency transactions

The popular instant messaging platform WhatsApp starts working with Bitcoin (BTC) and Litecoin (LTC) transactions using the Lite.Im bot. Thus, cryptocurrency transfer operations will become even simpler and closer to specific users interested in acquiring and transferring digital assets.

VanEck/SolidX ETF decision expected this week
20 May, 2019 13:47

VanEck/SolidX ETF decision expected this week

Last week, the US Securities and Exchange Commission decided to extend the consideration of the bitcoin-ETF application filed by Bitwise. The regulator is to announce its determination on one more application for bitcoin-ETF submitted by VanEck/SolidX. One of the market experts, lawyer Jack Chervinsky stated that this decision is about to be made under extraordinary conditions.

Famous crypto project accused of fraudulent activity
20 May, 2019 11:21

Famous crypto project accused of fraudulent activity

The Chinese tycoon and investor in the Binance cryptocurrency exchange accused the blockchain project of EOS and its head Dan Larimer of fraud. Chen Weixing said that crypto frauds make the industry unattractive to investors.

Crypto companies said to face more challenges in Estonia
17 May, 2019 17:14

Crypto companies said to face more challenges in Estonia

The companies dealing with the cryptocurrencies reportedly face a more complicated process to get the business licenses for this segment of the Estonian market. Estonia's government adopted the draft bill proposed by the Finance Ministry in which the latter presses for tougher cryptocurrency market regulation. As a result, the licensing will be tightened in the country.

LendEDU survey: Facebook Coin gets ahead of other cryptos by popularity
17 May, 2019 16:54

LendEDU survey: Facebook Coin gets ahead of other cryptos by popularity

The online survey, commissioned by LendEDU, was attended by 1,000 adult Americans. The study showed that interest in Bitcoin and other altcoins was small compared with the expectation of a stable coin Facebook.

Eurostat report: euro area posts higher annual inflation in April
17 May, 2019 15:51

Eurostat report: euro area posts higher annual inflation in April

The Eurostat has released its annual inflation report for the euro area with its main components. According to the available data, consumer prices in the euro area increased by 1.7% y-o-y in April 2019, which can indicate possible inflation expansion, especially given the March results at 1.4%. As for month-on-month comparison, the prices added 0.7% from March 2019.

Coinbase targets Xapo acquisition
17 May, 2019 14:09

Coinbase targets Xapo acquisition

The leading US-based cryptocurrency trading platform – Coinbase – expressed intentions to acquire one of the oldest bitcoin startups Xapo. According to the sources in the know, the companies are in active talks now, while the cost of the contract can reach some $50 million.

NY Court leaves restrictive order in force in Bitfinex-Tether case
17 May, 2019 13:37

NY Court leaves restrictive order in force in Bitfinex-Tether case

During the hearing of the Bitfinex-Tether case, the NY Supreme Court decided to satisfy the request filed by the Prosecutor Office of New York regarding submitting of the documents that are connected with the credit activities as well as to keep reserves of Tether Limited blocked for Bitfinex use.

Good economic reports bolster US dollar
17 May, 2019 11:48

Good economic reports bolster US dollar

The US dollar stays new peaks this Friday given good economic figures reported in the USA as well as the higher yield of the US Treasuries. The US Dollar index decreased to 97.650 after hitting the early-May peak at 97.882 yesterday. The positive dynamics of the greenback is related to strong housing market data and weekly unemployment report which confirmed a stable upturn in the US labour market.

Coinbase CEO Brian Armstrong comments on margin trading
17 May, 2019 11:33

Coinbase CEO Brian Armstrong comments on margin trading

Coinbase CEO Brian Armstrong conducted a live broadcast from the company's office in New York. In the course of answering the questions, the head of the largest US company first touched upon the topic of numerous altcoins and methods for identifying quality projects.