News about Bitcoin, ICO, Blockchain Technology, investment, mining
Plouton Mining Announces Plan to Build the Largest Solar-Powered Bitcoin Mining Operation in North America
Plouton Mining announces its aims to build what will be the largest solar-powered mining operation in North America, providing people with an opportunity to participate in the growing bitcoin economy in a sustainable and affordable way.
CFTC Approves LedgerX to Settle Futures in Real Bitcoin
The Commodity Futures Trading Commission (CFTC) has cleared bitcoin derivatives provider LedgerX to offer physically settled bitcoin futures contracts.
Lawyer: Crypto community is to face bureaucracy because of FATF
FATF made new demands for crypto platforms as well as financial institutions, and this is fraught with additional expenses. That’s what in an exclusive comment for LetKnow.News said Christina Nemchinova the co-founder of legal fintech consulting Brightman.
BTC, ETH, DAI Cross-Chain Atomic Swaps Launched By Liquality on Mainnet
Peer-to-peer cryptocurrency solutions project Liquality has launched its interface for cross-chain atomic swaps between bitcoin (BTC), ether (ETH) and stablecoin dai (DAi) on the mainnet. The news was revealed in an official company blog post on June 24.
How Tether is fueling this booming bitcoin bull run
Everything you want to know about the relationship between whales, tether, bitcoin, exchanges and how the market ticks.
Over 2,000 Investors Back Kraken Crypto Exchange’s $13 Million Crowdfunding
Regulated spot and futures crypto exchange Kraken has completed a $13.5 million round of financing on Bnk To The Future (BF), an online investment platform.
Crypto Analyst Says Bitcoin Price Could Hit $100,000 During Next Bull Run
ThinkMarkets chief market analyst Naeem Aslam predicts that bitcoin (BTC) will hit somewhere between $60,000 and $100,000 during its next bull run, according to a Fox Business interview on June 24.
Second US Congressional Hearing Is Scheduled on Facebook’s Libra Crypto
The U.S. House Financial Services Committee will host a hearing on Facebook’s libra cryptocurrency next month, one day after the Senate Banking Committee holds its previously announced hearing.
AICPA Proposes New Standards That Would Apply to Blockchain-Based Audit Data
The American Institute of Certified Public Accountants (AICPA) has proposed a new set of standards for audit evidence including accommodation for blockchain-based data, according to a report by trade publication Accounting Today on June 24.
Synthetix suffers oracle attack, more than 37 million synthetic ether exposed
Synthetix, a synthetic asset issuance platform built on Ethereum, experienced an oracle attack which netted the attacker over 37 million sETH, according to Etherscan. However, the true dollar value is difficult to calculate at this time given the relative illiquidity of sETH on secondary markets.
Latin American Banks Exploring Ripple’s Cross-Border Payments Technology Across Eight Countries
A pair of banks in Latin America are reportedly taking a hard look at adopting Ripple’s cross-border payments technology.
Google Searches for ‘Bitcoin’ Starting to Catch Up With $10K Euphoria
Data from Google Trends’ search analytics resource indicates that internet googling of ‘bitcoin’ (BTC) is approaching a monthly high as of today, June 24.
Algorand Raises $60 Million in Token Sale
Algorand raised over $60 million in a token sale of its native Algo token on Coinlist, using a Dutch Auction mechanism that ensures market participants set a uniform price per Algo. All 25 million tokens were sold at a market drive price of $2.40.
Expert: The well-being of cryptocurrencies depends on the regulators
The government authorities are the first ones who might prevent the development of cryptocurrency market. That’s what in an interview for LetKnow.News said the CEO of the investment company EXANTE Alexei Kiriyenko.
Expert: Bitmain would not be able to sue ex-employees in Ukraine
An attempt by the mining company Bitmain to sue its former employees because of an agreement on refusal of business competition would have failed miserably if had happened in Ukraine. That’s what Anastasia Gurskaya, the lawyer "Klochkov and partners” told LetKnow,News.
Expert explained why Bitcoin exchange rate is growing
The growth Bitcoin exchange rate was caused by a number of positive factors, some of which began as early as last year. That’s what Alexei Kiriyenko, the CEO of the investment company EXANTE told in an interview for LetKnow.News.
Vays expects Bitcoin price to slow down at $13K, not ready to pay $4500 bet
Bitcoin maximalist and trader Tone Vays still thinks Bitcoin will revisit $4500. Vays is not ready to pay a bet he made with CNBC Cryptotrader host Ran Neuner.
TrendMicro Detects Crypto Mining Malware Affecting Android Devices
A new cryptocurrency-mining botnet has been detected exploiting Android Debug Bridge ports, a system designed to resolve app defects installed on a majority of Android phones and tablets.
What is Bitcoin Oil?
It has been a while since a new Bitcoin fork came around. As such, it seems someone decided to create a “fork” which makes very little to no sense whatsoever. Bitcoin Oil is the name, and it appears to be a proof-of-stake currency which will introduce a lot of improvements Bitcoin should have received by now. It seems unlikely that too many people will pay attention to it, but it’s good to be in the know about these things regardless.
Report: Two Israeli Brothers Arrested for Hack of Bitfinex Crypto Exchange
Two Israeli brothers have been arrested in connection with the hack of cryptocurrency exchange Bitfinex and other crypto-related phishing attacks, finance news outlet Finance Magnates reports on June 23.
Ethereum Co-Founder Criticizes Facebook’s Libra Token for Centralization
Ethereum co-founder Joseph Lubin said that Facebook’s Libra token is like “a centralized wolf in a decentralized sheep’s clothing” in an article published on tech news outlet Quartz on June 21.
Jason Flack Pleads Guilty to Running Cryptocurrency Fraud
The scheme defrauded victims out of $194,000, 4.41 Bitcoin, 206 Litecoin, 620 Ethereum Classic, and 1,342,634 Verge coins.
A radically new Zcash blockchain is being built to serve 10 billion users
The Electric Coin Company (ECC)—which builds privacy coin Zcash—has some grand ambitions.
Above $300: Ether Price Clocks 10-Month High
The price of ethereum’s native cryptocurrency ether (ETH) surpassed $300 today to hit ten-month highs.
Dr. Craig S. Wright recognized as Satoshi Nakamoto by Council of Bogota
The Expo-Bitcoin International 2019 is underway in Bogota, Colombia’s capital city, an event dedicated to Bitcoin SV (BSV) education and how the technology will be used to make the world a better place, particularly in Latin America.
Crypto exchange offers Bitcoin bounty to dox YouTube critic
Crypto exchange YoBit has offered a 1 Bitcoin bounty to the first person to provide them with personal information about one of its critics.
G7 Forming Task Force in Response to Facebook’s Libra Cryptocurrency
With the recent unveiling of Facebook’s Libra cryptocurrency raising regulatory questions, France is forming a task force within the Group of Seven (G7) nations to examine the issues.
Bitcoin ATMs Go Live at 20 Circle K Convenience Stores
DigitalMint, a Chicago-based over-the-counter cryptocurrency trading platform, has installed bitcoin kiosks at 20 Circle K convenience stores as part of a pilot program across Arizona and Nevada.
Wanxiang and PlatON Join Forces for Blockchain Infrastructure of New Smart City in China
Automotive giant China Wanxiang Holding Co., Ltd has partnered with blockchain-based tech firm PlatOn to develop a “smart city” in Hangzhou, according to a report by CryptoNinjas on June 20.
France creates G7 cryptocurrency task force as Facebook's Libra unsettles governments
France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook’s Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, France’s central bank governor said on Friday.
Ripple CEO: Bitcoin and XRP Aren’t Competitors — I’m Long BTC
Bitcoin (BTC), and XRP, the third biggest coin by market cap, are not competitors, Ripple CEO Brad Garlinghouse claimed in a Fortune interview on June 20.
Bakkt has brought on a former Google consultant as it inches closer to releasing a product
Chris Peterson, formerly a UX consultant for Google, joined cryptocurrency venture Bakkt earlier this month as the firm works on rolling-out a mobile application for a digital asset wallet, dubbed Bakkt Pay, according to a person familiar with the situation.
Sergey Sevantsyan: Facebook and Telegram cryptocurrencies will blow up the micropayment market
Jack Dorsey says now is our chance to build a global currency for the internet
Givi Murvanidze and David Kiziriya: Blockchain in state registries is a matter of national security
Cryptocurrency Adoption Is Highest In These 5 Countries
How to become a founding member of the Libra Association
Top 4 Reasons why Crypto Scams Remain Successful in 2019