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.
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.
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.
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.
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.
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.
Riviera Beach to pay Bitcoin ransom (about $600K) to hacker who shut down city computers
Riviera Beach City Commissioners have voted to pay ransom to the hacker who shut down city computers.
Facebook called before Senate panel over digital currency project
Facebook Inc’s plans to create a global cryptocurrency will face scrutiny from the U.S. Senate Banking Committee on July 16, the latest sign that policymakers around the globe are casting a wary eye on the project.
Expert: The growing number of “cryptocurrency" search requests indicates the end of “crypto winter”
The growth in the number of requests related to Bitcoin, as well as the spike in the number of active BTC wallets, may indicate an increasing interest among users. That’s what Vadim Popov, an expert in the field of cryptocurrency told LetKnow.News.