BeInCrypto: Elon Musk Tweets About Bitcoin (Again)

The Block: SEC charges alleged scammer for fraudulent crypto mining operation

Thursday, 09 January 2020 22:34

The Securities Exchange Commission (SEC) is taking an alleged scammer to task over fraudulent crypto mining activity. The SEC filed a complaint today against Donald G. Blakstad for raising about $3.5 million from at least 14 investors via allegedly fraudulent securities offers. The SEC said Blakstad raised…

Published in News

The Block: NY governor: crypto businesses should pay for their own regulation costs

Thursday, 09 January 2020 22:35

New York Governor Andrew Cuomo has proposed to amend the state Financial Services Law (FSL) so that licensed cryptocurrency enterprises would have to pay for regulation costs associated with examination and oversight. The proposal was made as a part of the governor’s “Making Progress Happen” 2020 agenda, where…

Published in News

Crypto Briefing: Bitcoin Shows Signs as Safe-Haven Asset During Global Turmoil

Friday, 10 January 2020 00:34

The conflict between the U.S. and Iran served as an example of how Bitcoin has evolved as a safe-haven asset in times of global turmoil. Bitcoin is Becoming a Hedging Asset The U.S.-Iran relations reached a critical point after American forces carried out a predawn airstrike at…

Published in News

The Block: Block.one’s social media app Voice poaches Forbes exec as CEO

Friday, 10 January 2020 02:04

Voice, the social media app developed by Block.one, has recruited Forbes’ global chief digital officer Salah Zalatimo as CEO. Zalatimo is slated to start Jan. 20, according to a blog post released today. The firm behind the EOS blockchain also said that Voice is expected to launch…

Published in News

BeInCrypto: QNT Has Almost Reached a Bottom – When Will the Upward Move Begin?

Friday, 10 January 2020 07:11

The Quant (QNT) price has been decreasing since December 2 and broke down below a significant support line on December 7. A fractal-based on its early 2019 movement suggests that the price will make a bottom in January. On Jan 8, BeInCrypto published an article outlining the top-five…

Published in News

Crypto Briefing: High DeFi Returns Rely on Usage and Value Capture

Friday, 10 January 2020 07:48

A research experiment by Messari highlights how certain sub-niches of DeFi outperformed the rest by linking price appreciation to utility and usage. Dollar Returns From Top Tokens The rise of DeFi was unmistakably a central theme in the cryptocurrency landscape of 2019. Assets locked in open finance…

Published in News

ihodl: Report: 10% of all Bitcoins are Stored in Crypto Exchanges

Friday, 10 January 2020 09:55

Over the past three years, the number of Bitcoins controlled by crypto trading platforms has grown by 700%.

Published in News

The Block: Virgil Griffith released on bail; lawyer says he ‘should not have been indicted’

Friday, 10 January 2020 10:10

Ethereum research scientist Virgil Griffith has now been released on bail, a day after he was formally indicted in North Korea case. Inner City Press reported the news on Thursday, saying that Griffith’s bail was delayed for 10 days without any explanation. He was to be released…

Published in News

BeInCrypto: Bitcoin Halving 2020 Won’t Pack Enough Punch to Pump Price, Claims Study

Friday, 10 January 2020 10:15

The commonly-held view that a massive bull run will follow the Bitcoin halving in 2020 may not necessarily be accurate, claims a new study. The study, conducted by blockchain research firm Messari, states that the Bitcoin ecosystem is continuously evolving, and it may not be a good…

Published in News