Bitcoin and Cryptocurrency News and Updates

Binance, the world’s largest crypto currency exchange, announced it will host a trading competition where participants could compete in teams and win a prize pool in BNB tokens of up to $1 million. The tournament [...] The post Binance Holds Trading Competition with $1M Prize appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/binance-holds-trading-competition-with-1m-prize/

Hello ladies and gentlemen, it’s April Fool’s day. The cryptocurrency data site, CoinMarketCap, saw massive volumes for new “Toilet Paper Token.” CoinMarketCap, a website known for listing cryptocurrencies in order of market cap value, listed [...] The post CoinMarketCap Sees Short Supply in Toilet Paper Token as April Starts appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/coinmarketcap-sees-short-supply-in-toilet-paper-tokens-as-april-starts/

The adoption of major crypto currency law in Russia will be postponed again after facing multiple delays, now due to the coronavirus. Anatoly Aksakov, chairman of the Russian State Duma Financial Markets Committee, says the [...] The post After Multiple Delays, Russia Postpones Its Crypto Law Blaming Coronavirus appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/russia-postpones-its-crypto-law-blaming-coronavirus/

Coinbase announced that it has successfully migrated its Tezos (XTZ) staking bakery from the United States to Ireland while on March 31 it incurred just one minute downtime. The exchange has come to operate the [...] The post Coinbase Migrates Tezos Bakery Across Atlantic in a Minute of Downtime appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/coinbase-migrates-tezos-bakery-across-atlantic-in-a-minute-of-downtime/

A new forecast revealed that Bitcoin (BTC) miners will keep capitulating because of low prices, but upcoming events for Bitcoin Cash (BCH) and Bitcoin SV (BSV) will fuel the turmoil. Coin Metrics argued in the [...] The post Report reveals BCH, BSV Block Halvings to Turn Miners towards Bitcoin appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/report-reveals-bch-bsv-block-halvings-to-turn-miners-towards-bitcoin/

The U.S. Securities and Exchange Commission opposed Telegram’s request for clarity on the geographic scope of a court injunction that would prevent the company from distributing its Gram (GRAM) tokens. In a letter dated 30 [...] The post SEC Says Telegram Ruling Applies to ‘Any Person or Entity’ appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/sec-says-telegram-ruling-applies-to-any-person-or-entity/

The game once known as MLB Champions Crypto gets a facelift by reducing its dependency on Ethereum, its underlying blockchain as it is targeting mass market in new game reboot. MLB Champions introduced a slew [...] The post MLB Champions Cuts Dependency on Ethereum as it Targets Mass Market appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/mlb-champions-cuts-dependency-on-ethereum-as-it-targets-mass-market/

John McAfee, a controversial crypto figure, claims that the less-known privacy cryptocurrencies such as Monero, Safex and Apollo would be the best choice for investors who look for a safe haven at the time of [...] The post John McAfee Names Cryptocurrencies to Survive COVID-19 Crisis appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/john-mcafee-names-cryptocurrencies-to-survive-covid-19-crisis/

CoinEx, a global crypto exchange, has signed a partnership agreement with the EU licensed fintech company Simplex to facilitate buying cryptocurrencies on CoinEx, according to BTCNN website. Under the partnership, CoinEx customers can buy major [...] The post CoinEx-Simplex Deal Allows Buying Cryptocurrencies with Credit Cards appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/coinex-simplex-deal-allows-buying-cryptocurrencies-with-credit-cards/

Tiffany Hayden, a major XPR supporter, said XRPL transactions have almost halted, due to lack of a decentralized or sustainable network, the Coin Republic website reported. Hayden added that the network has failed due to [...] The post Ripple CTO Unveils Strategy for XRPL Robustness Issues appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/ripple-cto-unveils-strategy-for-xrpl-robustness-issues/

Dapp developer Biscuit Labs has recently announced that Knight Story will launch on TRON network as of 30 March, according to the Coinspeaker website. Knight Story is currently among the top-performing blockchain-based games. Jay Lee, [...] The post Biscuit Labs Launches Knight Story Game on TRON Network appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/biscuit-labs-launches-knight-story-game-on-tron-network/

Ethereum 2.0 developers would go ahead with the multiclient testnets the next month, said Ethereum co-founder Vitalik Buterin. Ethereum 2.0 is a Proof-of-Stake (PoS) version of the Ethereum network, and it has recently undergone a [...] The post Ethereum 2.0 Phase 0 to Be Launched in April, Says Vitalik Buterin appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/ethereum-2-0-phase-0-to-be-launched-in-april-says-vitalik-buterin/

The Malta-based exchange Binance has announced that it will launch soon a new platform named ‘Binance KR’ in the Korean market. According to a blog post published on 31 March, the new exchange will be [...] The post Binance to Open Exchange Supporting BKRW Stablecoin in Korea appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/binance-to-open-exchange-supporting-bkrw-stablecoin-in-korea/

Among the frequently used terms and associated with digital currencies are “proof of work” and “proof of stake”. Briefly, they are similar to the systems in which mobile phones operate, such as Android, DOS or [...] The post What are Proof of Work and Proof of Stake Systems? appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/what-are-proof-of-work-and-proof-of-stake-systems/

Telegram has asked a court to clarify exactly what it must do in order to comply with the US Securities and Exchange Commission (SEC) order prohibiting the issuance of its gram tokens. U.S. District Court [...] The post After Court Ruling, Telegram Hopes it Can Sell Tokens to Non-US Investors appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/after-court-ruling-telegram-hopes-it-can-sell-tokens-to-non-us-investors/

Decentralized Exchange (DEX) DeversiFi, the spin-off of former Bitfinex sister exchange Ethfinex, announced that it has burned its governance and utility token, Nectar (NEC), worth $20 million. This is designed to drive DEX adoption after [...] The post DeversiFi Burns $20M Tokens as it Targets DEX Adoption appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/deversifi-burns-20m-tokens-as-it-targets-dex-adoption/

Celsius Network (CEL) starts using Chainlink’s (LINK) price data feed oracles while providing the oracle platform with Treasury management services. Celsius ‘CEO and founder, Alex Mashinsky, explained said the reasoning behind the partnership: “Celsius wants [...] The post Celsius, Chainlink Team Up on Decentralizing Price Data appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/celsius-chainlink-team-up-on-decentralizing-price-data/

We hear or read that crypto exchanges seek to raise funds through initial coin offerings (ICOs) to finance their projects. In this capsule, we will discuss all what you want to know about ICOs. Through [...] The post Initial Coin Offering (ICO) appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/initial-coin-offering-ico/

Tron (TRX) founder Justin Sun tweeted to announce the release of Djed, a system that he described as “something new” for collateralized loans. The platform was immediately criticized as many view it as a plagiarized [...] The post Tron Launches Djed Platform, a Copy Version of MakerDAO appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/tron-launches-djed-platform-a-copy-version-of-makerdao/

Santander, a major bank headquartered in Spain, plans to launch its Ripple-based cross-border transfer system ‘One Pay FX’ in Mexico this year. One Pay FX is separate from XRP, and built on Ripple’s RippleNet platform. [...] The post Spain’s Santander to Launch Ripple-Based Payment System in Mexico appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/caixabank/

Cardano, a decentralized public blockchain and cryptocurrency project, is currently upgrading its major codebase. IOHK, which is behind the development of Cardano, earlier announced that the changes will be unveiled on 31 March, Altcoin Buzz [...] The post Cardano Moves Ahead towards Decentralized Blockchain appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/cardano-moves-forward-fully-decentralized-blockchain/

The Monetary Authority of Singapore (MAS) has recently announced exempting some crypto exchanges such as Binance, Ripple and Coinbase from holding a payment license in the country, according to the Block Crypto website. The three [...] The post Singapore Exempts Ripple, Binance from Holding Payments License appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/singapore-exempts-ripple-binance-from-holding-payments-license/

The research unit of crypto exchange BitMEX has unveiled the developers of the Bitcoin’s open-source network. According to a recent report by BitMEX Research, both Blockstream and Lightning Labs were behind the development of Bitcoin [...] The post BitMEX Researchers Unveil Supporters of Bitcoin Development appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/bitmex-researchers-unveil-supporters-of-bitcoin-development/

With the USD interest rates reaching zero percent and the U.S. Treasury yields turning negative, stablecoins which depend on such rates and yields face major challenges, according to Cryptonews website. Although some analysts consider that [...] The post Stablecoins Face Major Challenges; Some to Diversify Sources appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/stablecoins-face-major-challenges-some-to-diversify-sources/

Huobi Group has announced launching mobile app Huobi Lite, which allows buying and selling cryptocurrencies easily. The company re-tweeted crypto & MMA enthusiast Sal Miah tweet: “Buying Bitcoin Just Got Tremendously Simple with the Introduction [...] The post Huobi Facilitates Buying Cryptocurrencies with New App appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/huobi-facilitates-buying-cryptocurrencies-with-new-app/

CoinFlip, a Chicago-based Bitcoin ATM operator, has allowed its customers to buy Stellar Lumens (XLM) from its computer network, Sunriseread website reported, quoting CEO Daniel Polotsky. He added that the move boosts supply of the [...] The post ATM Operator CoinFlip Supports Stellar Lumens Cryptocurrency appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/atm-operator-coinflip-supports-stellar-lumens-cryptocurrency/

Manny Alicandro, a New York-based attorney, has warned the TON Community against the launch of the blockchain network before the 2nd U.S. Appeals Circuit Court issues its judgment, Cointelegraph website reported. The attorney expressed his [...] The post Attorney Warns against Launch of TON Network before Court Ruling appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/attorney-warns-against-launch-of-ton-network-before-court-ruling/

Bitcoin miners are definitely the backbone of the crypto community as they help the network continue working. Thus, miners are paid with Bitcoin which are traded on the open market. Halving is expected to occur [...] The post Bitcoin’s Next Halving Could Result in Coup Among Miners – Study appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/bitcoins-next-halving-could-result-in-coup-among-miners-study/

Terra (Luna) allows blockchain users to think of use cases and not infrastructure, according to the Currency Analytics website. Therefore, the request for proposal is left open for Terra developers to get some useful ideas [...] The post Terra Allows Users to Gain Interest from Deposits through Anchor appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/terra-allows-users-to-gain-interest-from-deposits-through-anchor/

Switzerland’s Tezos Foundation has recently decided to settle a $25 million class-action claim filed by several investors. The move reflects the foundation’s plan to boost investor confidence, which triggered a strong rally, the Currency Analytics [...] The post Tezos Foundation Has Clear Way for Business Growth appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/tezos-foundation-has-clear-way-forward-for-business-growth/

KuMEX, the KuCoin-developed Bitcoin futures platform, announced it plans to roll out perpetual Tether-margined Bitcoin contracts on March 30th, 2020. KuCoin officially announced that Tether will become the second cryptocurrency supported on KuMEX after Bitcoin. [...] The post Futures Platform KuMEX Launches Tether Perpetual Contracts appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/futures-platform-kumex-launches-tether-perpetual-contracts/

Binance CEO Changpeng Zhao is telling his followers to buy cryptocurrencies with their credit cards since there’s an “infinite amount of money around the corner” in the midst of a global economic crisis. While he [...] The post Binance CEO Urges Purchasing cryptocurrencies Amid Economic Crisis appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/binance-ceo-urges-purchasing-cryptocurrencies-amid-economic-crisis/

Bitcoin (BTC) Ironically gained support from U.S. President Donald Trump after he appeared to say he supported manipulation of the dollar after FED generated $ 6 trillion. Trump defended the Federal Reserve’s printing of more [...] The post Trump Ironically Advertises Bitcoin after FED Pumps $6 Trln appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/trump-ironically-advertises-bitcoin-after-fed-pumps-6-trln/

The Maker Foundation has announced it has successfully transferred control of MKR tokens to the community of Maker governance. The MKR token contract is now in full control of MKR holders, bringing it closer to [...] The post Maker Foundation Transfers MKR Token Control to Community Governance appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/maker-foundation-transfers-mkr-token-control-to-community/

Cryptocurrency market in India is growing again after the Reserve Bank of India (RBI) decided to lift their ban on cryptocurrencies and crypto firms. In this way, investors and companies are trying to get involved [...] The post Cryptocurrency Market in India Recovers as RBI Lifted Crypto Ban appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/cryptocurrency-market-in-india-recovers-as-rbi-lifted-crypto-ban/

KuCoin, an IDG-backed exchange, has announced Project Pinocchio official launch along with 21 top blockchain institutions from around the world. The Pinocchio Project is a neutral and credible alert platform for projects in the cryptocurrency [...] The post KuCoin Fighting Against Dishonest Behaviors with Project Pinocchio appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/kucoin-fighting-against-dishonest-behaviors-with-project-pinocchio/

Marcus Treacher, senior vice president of customer success at Ripple, addressed concerns of XRP centralization stating that “XRP is not centralized. It’s a decentralized, open-source digital asset, and the XRP Ledger is based on an [...] The post Ripple SVP Says XRP is Not Centralized, Explains Growth Strategy appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/ripple-svp-says-xrp-is-not-centralized-explains-growth-strategy/

Chicago Mercantile Exchange (CME) director nominee believes that the exchange, one of the few regulated crypto-derivatives providers, should issue its own tokens in addition to bitcoin mining with renewable energy. Dante Federighi said in a [...] The post CME Director Candidate Proposes Bitcoin Mining Tokens Issuance by Exchange appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/cme-director-candidate-proposes-bitcoin-mining-tokens-issuance/

Estonia-based cryptocurrency BitBay announced that it went offline for more than 18 hours due to a third party service provider’s problems which caused crypto trading suspension. BitBay tweeted that it was struggling with a “network [...] The post BitBay Resumes Crypto Trading After 18 Hours of Outage appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/bitbay-resumes-crypto-trading-after-18-hour-outage/

Binance, the world’s largest crypto currency exchange, announced that it will soon launch “Binance Card,” a debit card that will enable users to spend crypto on in-store and online merchants. “Paying with crypto remains one [...] The post Binance unveils debit card to pay with Bitcoin, Initial Launch in Malaysia and Vietnam appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/binance-unveils-debit-card-to-pay-with-bitcoin-in-malaysia-and-vietnam/

At the time bitcoin (BTC) looks set to elongates its recent bullish movements, those (miners) in charge of generating new bitcoin, in the mining process, have increased their selling. The world’s largest market value crypto-currency [...] The post Miners Are Selling More Bitcoin Than Generated from The Mining Process appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/miners-are-selling-more-bitcoin-than-generated-from-the-mining-process/

The Siam Commercial Bank of Thailand (SCB) says it is building a new app that uses payment technology from Ripple to allow tourists to pay for goods and services without the need to currencies exchange. [...] The post SCB of Thailand Announces New Instant Payments App Using Ripple appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/scb-of-thailand-announces-new-instant-payments-app-using-ripple/

CoinTracker’s crypto-taxation tool has released a report comparing the prevalence of cryptocurrency ownership across major US cities. CoinTracker found that the top four ranked cities are all in California’s San Francisco Bay Area with an [...] The post San Francisco Highest US Area in Crypto Investment Wealth; Report appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/san-francisco-highest-us-area-in-crypto-investment-wealth/

Developers of TON Labs seek to launch the Telegram Open Network (TON) despite a U.S. court ruling, Cointelegraph website reported. For his part, Fedor Skuratov, spokesperson of TON Labs, said: “The community was ready for [...] The post TON Developers Seek to Launch Network Despite Court Ruling appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/ton-developers-seek-to-launch-network-despite-court-ruling/

The Malta Financial Services Authority (MFSA) has issued warnings to two crypto companies who claim to be licensed to operate in the country. Both COINMALEX and Crypto Foxtrades alleged that they were authorized to operate [...] The post Malta Regulator Warns against Two Unlicensed Crypto Exchanges appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/malta-regulator-warns-against-two-unlicensed-crypto-exchanges/

Millennials and Generation Xers in the U.S. may inherit nearly $70 trillion from Baby Boomers in the years to come, Cointelegraph website reported. If Millennials in the US were to spend nearly 5 percent of [...] The post Bitcoin May Hit $350TH by 2044 on Wealth Transfer appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/bitcoin-may-hit-350th-by-2044-on-wealth-transfer/

The Bitcoin hash rate has sharply declined almost 45 percent from the highest level reached this year, Cointelegraph website reported. The hash rate dropped from 136.2 quintillion hashes per second on 1 March to 7.5.7 [...] The post Bitcoin Network Hash Rate Drops 45% from 2020 High appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/bitcoin-network-hash-rate-drops-45-from-2020-high/

The cryptocurrency market has witnessed a great number of investors in Japan buying Bitcoin (BTC) after its recent decline, according to Cointelegraph website. The number of Japanese investors who bought Bitcoin on the local crypto [...] The post Bitcoin Sees Strong Demand from Japanese Investors after Recent Crash appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/bitcoin-sees-strong-demand-from-japanese-investors-after-recent-crash/

Wissam Al Mana, a Qatari business tycoon and former husband of pop star Janet Jackson, asked Facebook to unveil who used his photo in an ad on the platform, Cointelegraph reported.   In late February, [...] The post Janet Jackson’s Billionaire ex Husband Sues Facebook over Crypto Scam appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/janet-jacksons-billionaire-ex-husband-sues-facebook-over-crypto-scam/

Ethereum’s co-founder, Vitalik Buterin has voiced concern over the absence of synergy between the two largest networks on the market, Ethereum and Bitcoin. In a tweet on March 24, he described as embarrassing the lack [...] The post Ethereum Co-Founder Eyes Bridging Network Gap with Bitcoin for Greater Capabilities appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/ethereum-buterin-eyes-bridging-network-gap-with-bitcoin/

Charles Hoskinson, founder of Cardano (ADA), streamed a YouTube video titled “On Wikipedia,” in which he berated Wikipedia for arbitrary commercial censorship of Cardano, like Bitcoin. Censorship of projects in crypto currency is as old [...] The post Hoskinson Says Wikipedia Bans Cardano, Just Like Bitcoin Before appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/hoskinson-says-wikipedia-bans-cardano-just-like-bitcoin-before/

Numerai, a startup backed by Union Square Ventures, considers it is important to have production-grade financial data, which is not easy to find, the Currency Analytics website. Hedge funds keep production-grade financial data a secret [...] The post Numeraire Uses Decentralized Network of Autonomous AI Agents appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/numeraire-uses-decentralized-network-of-autonomous-ai-agents/

One of the most popular cryptocurrencies, TRON (TRX) will be available to more users as the firm is partnering with a Metal Pay digital money transfer business. In addition, TRON users will also be able [...] The post Tron, Metal Pay Partnership Bringing TRX to More US Citizens appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/tron-metal-pay-partnership-bringing-trx-to-more-us-citizens/

Nexo, the world’s largest and most trusted lending institution, has launched the option of using PAX Gold (PAXG) token for retail traders. The move allows all customers to use the ERC-20-based token as a collateral [...] The post Nexo Opens up PAX Gold Credit Line for Retail Investors appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/crypto-lender-nexo-opens-up-pax-gold-credit-line-for-retail-investors/

Telegram seeks to appeal the recent ruling of a US federal court in favor of the Securities and Exchange Commission to stop the distribution of GRAM tokens. Rejection of the Injunction Telegram filed a brief [...] The post Telegram Seeks Court Appeal Halt GRAM Distribution Ruling appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/telegram-seeks-court-appeal-halt-gram-distribution-ruling/

The International Securities Commissions Organization (IOSCO) said in a new report that it believes global stablecoin initiatives could be subject to securities regulations. The 31-page review of regulatory issues around stablecoins, cryptocurrencies with prices tied [...] The post IOSCO Says Global Stablecoins May Follow Securities Regulation appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/iosco-says-global-stablecoins-may-follow-securities-regulations/

The Australian Securities Exchange (ASX) has once again postponed its switch to blockchain, due to its uncertainty about the potential effects of coronavirus. In a statement published Wednesday, the Australian regulator stated that it was [...] The post Australian Regulator Postpones Blockchain Adoption on Coronavirus appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/australian-regulator-postpones-blockchain-adoption-on-coronavirus/

Bybit, a Singapore-based crypto derivative trading platform, has announced launching Tether (USDT) perpetual contracts, according to Newsbtc website. By incorporating the stablecoin to its current futures contracts (BTC, ETH, EOS and XRP combined with USD), [...] The post Singapore’s Bybit Rolls out Tether Perpetual Contracts appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/singapores-bybit-rolls-out-tether-perpetual-contracts/

Popular crypto exchange Binance holds $1 billion worth of ERC-20-based stablecoins, Cointelegraph website reported. The firm owns $1,007,585,549 worth of stablecoins, compared with around $105,583,132 over the past seven days, according to data issued by [...] The post Crypto Exchange Binance Holds $1B in Stablecoins appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/crypto-exchange-binance-holds-1b-in-stablecoins/

In this story, we will talk about Ethereum (ETH), which is not only a cryptocurrency but also a global decentralized platform that helps create several apps. What is the story of this dazzling coin? What [...] The post Everything You Need to Know about Cryptocurrency Ethereum appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/everything-you-need-to-know-about-cryptocurrency-ethereum/

Pioneering Swiss crypto bank Sygnum unveiled a stablecoin attached to the Swiss franc. The “settlement token” for Sygnum’s “DCHF” is backed 1:1 by funds held with the Swiss National Bank. DCHF is being considered for [...] The post Swiss Crypto Bank Sygnum Launches CHF-Backed Stablecoin appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/swiss-crypto-bank-sygnum-launches-chf-backed-stablecoin/

Solana, a blockchain platform, has joined Chainlink to build an oracle that updates incredibly fast with decentralized oracle solution. “We recently saw market failures due to congestion on Ethereum, including oracle failures,” Solana CEO and [...] The post Solana and Chainlink to Build Incredibly Fast Updating Oracle appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/solana-and-chainlink-to-build-incredibly-fast-updating-oracle/

The decentralized platform Cardano (ADA) bears the full burden of scientific due diligence in the blockchain industry, the Currency Analytics website reported, citing CEO Charles Hoskinson. He voiced his outrage at the crypto community’s continued [...] The post Cardano Bears Burden of Scientific Due Diligence, Says Hoskinson appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/cardano-bears-burden-of-scientific-due-diligence-says-hoskinson/

The U.S. Commodity Futures Trading Commission (CFTC), has publicized clarity regarding the delivery of physical digital assets as it applies to traded products on the market. “The Commodity Futures Trading Commission today announced the Commission [...] The post U.S. CFTC Okays Final Interpretive Guidance for Physical Delivery of Traded Crypto appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/us-cftc-okays-interpretive-guidance-for-traded-crypto-physical-delivery/

A draft bill posted to the U.S. Senate Committee on Banking, Housing and Urban Affairs on Tuesday sets out a “digital dollar” and details how it could be maintained. The bill echoes language from a [...] The post US Senate Passes ‘Digital Dollar’ Draft Bill on How it Could be Maintained appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/us-senate-passes-digital-dollar-draft-bill-on-how-it-could-be-maintained/

Chinese payment platform Alipay has revealed a number of patents, over the past month, which are related to and revealing more details about China’s digital yuan, the planned digital currency central bank (CBDC). Alipay is [...] The post Alipay Patents Reveal More Details About China’s Upcoming CBDC appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/alipay-patents-reveal-more-details-about-china-upcoming-cbdc/

Revolut, a UK-based financial technology company, has announced launching its banking application in the U.S. today. Accordingly, the U.S. users can now send and receive funds through a single app. The company added that users [...] The post British Fintech Revolut Rolls out Banking App in U.S. appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/british-fintech-revolut-rolls-out-banking-app-in-u-s/

Government of Russia may allow regulatory sandboxes to be created for companies working on cutting-edge technologies such as artificial intelligence and distributed ledgers. Prime Minister Mikhail Mishustin introduced a new bill, which does not mention [...] The post Russian PM Introduces Bill Allowing Fintech Sandboxes, Blockchain appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/russia-prime-minister-introduces-bill-allowing-fintech-sandboxes/

When XRP and Bitcoin have entered the green zone, the XRPL Monitor found that nearly 174.4 million XRP were transferred in just 11 hours. Ripple transferred the biggest number of XPR reaching around 130 million. [...] The post Will Ripple’s Transfer of 130M XRP to Unknown Wallet Impact Price? appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/will-ripples-transfer-of-130m-xrp-to-unknown-wallet-impact-price/

Max Keiser, broadcaster and famous crypto enthusiast, said Russia and China may add Bitcoin (BTC) to their strategic reserves once the gold standard gains ground in the US, U-Today website reported. Keiser is a harsh [...] The post Max Keiser says Russia, China May Add BTC to Strategic Reserves appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/max-keiser-says-russia-china-may-add-btc-to-strategic-reserves/

CoinDCX, India’s largest cryptocurrency exchange, has announced raising $3 million funding in ‘Series A’ round, Cointelegraph website reported. Bain Capital Investments, Polychain and HDR Community led the funding that would help the firm to begin [...] The post CoinDCX Raises $3M Funding to Boost Crypto Mass Adoption appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/coindcx-raises-3m-funding-to-boost-crypto-mass-adoption/

Bitmain, the world’s largest producer of Bitcoin ASIC miners, has sold out its first round of Antminer S19 sales domestically within 24 hours of accepting orders. Bitmain tweeted that it opened its first phase of [...] The post Bitmain S19 Antminers Sold Out, Shipping Starts May 11th appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/bitmain-s19-antminers-sold-out-shipping-starts-may-11th/

Each cryptocurrency has its own story and characteristics. We will discuss below the history of Bitcoin as the most popular and oldest cryptocurrency. However, we should ask if the world’s largest cryptocurrency lost its leading [...] The post Things to Know about the Most Popular Cryptocurrency ‘Bitcoin’ appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/things-to-know-about-the-most-popular-cryptocurrency-bitcoin/

The outbreak of coronavirus (COVID-19) pandemic is accelerating the adoption of remote visits to doctors and telemedicine services which are mostly based on blockchain. In the modern world, it is an extraordinary moment as the [...] The post Coronavirus Seen as Turning Point for Blockchain-Based Telemedicine appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/coronavirus-seen-as-turning-point-for-blockchain-based-telemedicine/

Somnium Space, Ethereum-based virtual-reality (VR) platform, announced that it has shifted from Loom Network to Matic scalability solution to enhance scaling. Somnium Space said that it’s hoping the transition will enable it to achieve scalability [...] The post Ethereum’s VR Platform Says Moving to Matic Allow More Scaling appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/ethereums-vr-platform-says-moving-to-matic-allow-more-scaling/

The state of the network map of Ethereum co-founder Vitalik Buterin helps contextualize the next 5 to 10 years for a global community of 20,000 developers while highlighting one key issue for the next version [...] The post Polynomial Commitments Could Be Major Breakthrough for Ether 2.0; Researcher appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/polynomial-commitments-a-major-breakthrough-for-ether-2-0-researcher/

The non-profit that holds funds raised in Tezos’ initial coin offering (ICO) of $400 million sold up to 8,000 bitcoins (BTC) in 2019. The portion of the portfolio of Tezos Foundation made up of bitcoin [...] The post Tezos Says Foundation Offloads Bitcoins Worth Millions of Dollars in 2019 appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/tezos-says-foundation-offloads-bitcoins-worth-millions-of-dollars-in-2019/

Sia, a decentralized cloud storage platform, has announced releasing Sia v1.4.4 app that includes multiple improvements to Sia and Skynet. The platform said on its Twitter account: “We just released Sia v1.4.4! This release includes [...] The post Cloud Storage Platform Sia Upgrades Software to Boost User Privacy appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/cloud-storage-platform-sia-upgrades-software-to-boost-user-privacy/

Nano Foundation, a non-profit software development company, has been making money very efficient for the crypto community through facilitating payment and integration. Nano enthusiast Patrick Luberus earlier said on his Twitter account: “#Nano beta V21 [...] The post Nano Foundation Makes Money ‘Efficient’ for Modern World appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/nano-foundation-makes-money-efficient-for-modern-world/

Tim Draper, a billionaire investor and Founder of Draper Venture Network, and Draper University, has set his sights on the Indian cryptocurrency startups. The venture capitalist tweeted on March 22 that the recent reversal of [...] The post Tim Draper Considers Investing In Indian Cryptocurrency Startups appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/tim-draper-considers-investing-in-indian-cryptocurrency-startups/

The People’s Bank of China (PBC) has warned citizens against investing in cryptocurrencies despite the severe fluctuations and losses seen by global markets. The central bank has continued its anti-crypto narrative in a post published on PBC’s [...] The post Bank of China Warns against Cryptocurrency Investment appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/bank-of-china-warns-against-cryptocurrency-investment/

ZCash is a revolutionary crypto product that can reshape the world. Its reward distribution has faced some serious scrutiny because there has only been a small sample. However, the current market crisis is a reason [...] The post ZCash Competes with Privacy Technology in Crypto Space appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/zcash-competes-with-privacy-technology-in-crypto-space/

Blockchain-based Celsius Network, which provides loans and interest income in BTC and ETH, has reported profitability after just 18 months of starting service. The platform allows users to borrow or lend crypto assets. It has [...] The post Celsius Network Contributes 80% of Revenues as Weekly Interest Income appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/celsius-network-contributes-80-of-revenues-as-weekly-interest-income/

Each coin has a story and has its own distinction as well. But such distinction is usually limited to one or two characteristics, but the currency that we are going to talk about is Apollo [...] The post Apollo with Characteristics Like no Other Digital Currency appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/apollo-with-characteristics-like-no-other-digital-currency/

Justin Sun, CEO and founder of the cryptocurrency platform TRON, highlighted recent milestones achieved by his company. Tronscan data showed that the number of contracts launched on Tron platform exceeded 30,000, of which 638 were [...] The post Justin Sun Highlights Recent Milestones Achieved By TRON appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/justin-sun-highlights-recent-milestones-achieved-by-tron/

Citigroup, a US-based multinational investment bank, has raised its stake in Ethereum-based trade financing company Komgo. Kris van Broekhoven, global head of commodity trading finance at Citigroup, said Citi had boosted its stake in Komgo [...] The post Citigroup Ups Stake in Trade Financing Startup Komgo appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/citigroup-ups-stake-in-trade-financing-startup-komgo/

Switzerland’s Tezos Foundation decided to settle a $25 million class-action claim filed in the US District Court for the Northern District of California. The move came after more than two years of fighting in the [...] The post Tezos to Settle $25M Lawsuit after Two-Years of Fighting in Court appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/tezos-to-settle-25m-lawsuit-after-two-years-of-fighting-in-court/

With the whole world seeking to be resilient in the current crisis, NEXO, the world’s largest and most trusted lending institution, has stated, “Despite the market meltdown, Nexo, the Largest and Most Trusted Lending Institution [...] The post NEXO Says Interest Rates to Remain at 8% Despite Tough Conditions appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/nexo-says-interest-rates-to-remain-at-8-despite-tough-conditions/

ChainLink (LINK), a decentralized oracle network, has postponed its Smart Contract Summit with the aim of protecting the health of community members from the coronavirus epidemic. The network will unveil the new date and time [...] The post ChainLink Calls off Smart Contract Summit on Coronavirus Outbreak appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/chainlink-calls-off-smart-contract-summit-on-coronavirus-outbreak/

The whole world is extremely scared of the rapid spread of coronavirus, so we may ask if the blockchain technology would help the healthcare sector overcome the epidemic. Earlier, light was shed on the importance [...] The post How Can Blockchain Help Healthcare Sector Fight Coronavirus? appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/how-can-blockchain-help-healthcare-sector-fight-coronavirus/

Philip Salter, head of operations at Genesis Mining, believes economic meltdown can lead to Bitcoin growing in value as a hedge against banks to shine as the new gold. There’s been a lot of turmoil [...] The post Genesis Mining Sees Bitcoin as the New Gold If Economic Crisis Deepens appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/genesis-mining-sees-bitcoin-as-the-new-gold-if-economic-crisis-deepens/

Major crypto-currency exchange Bitfinex announced 87 crypto-trading pairs were removed as of March 26 due to low liquidity levels. The measure aims to consolidate and improve liquidity, allowing them to move toward a more streamlined [...] The post Bitfinex Seeks More Liquidity Via Delisting 87 Crypto Trading Pairs appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/bitfinex-seeks-more-liquidity-via-delisting-87-crypto-trading-pairs/

The world economy has come to a standstill, but despite the mess during the Coronavirus pandemic, yet some startups and sectors have proven resilient. Bitcoin has been beating expectations after last Thursday’s terrible performance. At [...] The post Bitcoin, Other Sectors Showing Strength During Coronavirus Outbreak appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/bitcoin-other-sectors-showing-strength-during-coronavirus-outbreak/

David Schwartz, Ripple Chief Technology Officer, is responding to Brad Mills’, Bitcoin investor and podcast host, warning about BTC price. Over the past two days, the cryptocurrency markets have rallied, with Bitcoin rising from around [...] The post Ripple’s Schwartz Responds to Investor Concern about Near Bitcoin Pullback appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/ripples-schwartz-responds-to-investor-concern-about-bitcoin-pullback/

Gregory Bowman, director of Folding@Home (F@H), revealed in a recent Reddit ask-me-anything (AMA) that the project currently has 400,000 computers which are actively contributing to research. “We had about 30K users before the pandemic started,” [...] The post Folding@Home’s Users Exceed 400K Amid Crypto Contribution appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/foldinghomes-users-exceed-400k-amid-crypto-contribution/

In response to the European Union’s crypto-related regulatory framework, the World Exchange Federation (WFE) called for clarity between the classifications of digital assets and crypto-assets. “We believe there could be value in adopting a single [...] The post World Federation of Exchanges Calls for Crypto Terminology Clarity appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/world-federation-of-exchanges-wfe-calls-for-crypto-terminology-clarity/

Tether, the venture behind the largest stablecoin by market cap, is now live on the Bitcoin Cash (BCH) network. Tether is using the Simple Ledger Protocol (SLP) as the technical means for launching its tether [...] The post Tether Stablecoin Launches Token on Bitcoin Cash via SLP appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/tether-stablecoin-launches-token-on-bitcoin-cash-via-slp/

Cred, a decentralized global lending platform, has entered into a partnership agreement with National Basketball Association’s (NBA) famous basketball player and entrepreneur Spencer Dinwiddie. The new service was rolled out Friday on Dinwiddie’s website. Users [...] The post Cred Partners with NBA Star Dinwiddie to Offer 10% Interest Rate appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/cred-partners-with-nba-star-dinwiddie-to-offer-10-interest-rate/

MakerDAO has successfully launched its first debt auction, and bidders have committed to purchasing Maker (MKR) at a minimum of $2 million in Dai (DAI). The organization hopes to fill the gap estimated at millions [...] The post MakerDAO Auction Reaches Final Stages to Erase $2M Debt appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/makerdao-auction-reaches-final-stages-to-erase-2m-debt/

As of March 19, the open-source Baseline Protocol code allowing the building of private systems on the Ethereum public blockchain has now been published to GitHub. This means that the protocol developed by EY, Microsoft [...] The post ConsenSys Says GitHub Publishes Ethereum Baseline Protocol Code appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/consensys-says-github-publishes-ethereum-baseline-protocol-code/

Tether Treasury has minted USDT worth $60 million for the third time in just two days. It had earlier printed USDT worth $180 million, injecting three different batches of USDT into the market at $60 [...] The post Tether Treasury Mints USDT worth $60M in Just 2 Days appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/tether-treasury-mints-usdt-worth-60m-in-just-two-days/

The Sandbox (TSB) announced that, the third quarter of 2019 had been a particularly successful one for the game, according to a press release by TSB Gaming’s parent company Animoca Brands. Between July and September [...] The post TSB Gaming Receives $2M from Square Enix, True Global Ventures, B Cryptos appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/tsb-gaming-receives-2m-from-square-enix-others/

A remittance platform based in Bangkok has become the first non-banking institution in Thailand to use blockchain tech from Ripple for processing international payments. Ripple said in a press release DeeMoney is now using RippleNet [...] The post Thai Announces Remittance Platform Using Ripple Payments appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/thai-announces-remittance-platform-using-ripple-payments/