Bitcoin and Cryptocurrency News and Updates

Peer-to-Peer Trading Platform CryptoLocally has added Ethereum tokens-ETH, DAI, USDT, to provide customers with” very best cryptocurrency trading experience.” The move came as Ethereum announced the final testnet for Ethereum 2.0 will be on 4 [...] The post CryptoLocally Adds Ethereum as ETH 2.0 Testnet Approaches appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/cryptolocally-adds-ethereum-as-eth-2-0-testnet-approaches/

China’s Blockchain-based Service Network (BSN) has integrated with six major decentralised blockchains. They are: Tezos, NEO, Nervos, EOS, IRISnet, and Ethereum. Accordingly, these six blockchains will be able build decentralized applications (dapp) and run nodes [...] The post China’s BSN Shows Global Ambitions appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/chinas-blockchain-based-service-network-bsn-has-integrated-with-six-major-decentralized-blockchains-tezos-neo-nervos-eos-irisnet-and-ethereum/

The Swiss blockchain firm and cryptocurrency exchange Smart Valor has announced that it will support Kyber Network (KNC) staking. The company revealed its new plan in a statement on its website. “Users who stake KNC [...] The post Swiss Crypto Exchange Smart Valor Supports KNC Staking appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/swiss-crypto-exchange-smart-valor-supports-knc-staking/

Chainlink (LINK) has topped cryptocurrency ranking resource CoinMarketCap‘s DeFi section with $2.8bn market cap and 24-hour trading volume of $619.6m. DeFi, or decentralized finance, lists the most important altcoins in the space in terms of attracting traders and [...] The post ChainLink One of Most Exciting Assets in Crypto Market: IntoTheBlock appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/chainlink-one-of-most-exciting-assets-in-crypto-market-intotheblock/

Binance team announced its 12th Binance Coin (BNB) via Twitter. The coin burn is the biggest ever recorded. [...] The post Binance Conducts Biggest-Ever Coin Burn of $60.5M in BNB appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/binance-conducts-biggest-ever-coin-burn-of-60-5m-in-bnb/

Former Economic Affairs Secretary and Finance Secretary of India expressed support for “regulated development and trading of crypto assets as commodities” [...] The post India’s Ex-Finance Minister Proposes Regulating Crypto appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/indias-ex-finance-minister-proposes-regulating-crypto/

A new report claims that China represents only 50% of Bitcoin mining capacity worldwide. [...] The post China, US make up 50%, 14% of Bitcoin Mining respectively: Report appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/china-us-account-for-50-14-of-bitcoin-mining-respectively-report/

More citizens in Hong Kong choose investing in crypto assets, not least stablecoins. According to data analysed by Coindesk, citizens of Hong Kong are increasingly turning to stablecoins. In the meantime, the value of these [...] The post Hong Kong Citizens Seek Safe Haven in Stablecoins appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/hong-kong-citizens-seek-safe-haven-in-stablecoins/

The use of bitcoin transaction mixers by darknet entities have witnessed a leap in the first quarter (1Q) of 2020. Bitcoin sent to Mixers reached 7,946 in 1Q20, up from 790 in 1Q20, according to [...] The post 20% Hike in 1Q20 Darknet Use of Bitcoin Transaction Mixers appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/20-hike-in-1q20-darknet-use-of-bitcoin-transaction-mixers/

Worldwide Digital Shop Uquid praises the features of Ripple’s XRP on its shopping platform. It says the use of the digital asset has motivated customers to make international transactions. In a post published earlier this [...] The post Uquid acclaims Ripple’s XRP features in Digital Shopping appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/uquid-acclaims-ripples-xrp-features-in-digital-shopping/

The Bank of Lithuania, the country’s central bank, is to launch a new digital coin, LBCOIN,on 23 July. [...] The post LBCOIN: World’s First Digital Collector Coin appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/lbcoin-worlds-first-digital-collector-coin/

Scammers have stolen $38m in bitcoin over the past four years, according to crypto watchdog Whale Alert. Actually, $24m of this figure was looted only in the first half of 2020. In a report, Whale Alert [...] The post $38m in BTC Stolen by Scammers Over 4 Years: Whale Alert appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/38m-worth-btc-stolen-by-scammers-over-4-years-whale-alert/

Malaysia’s Sharia Advisory Council has approved cryptocurrency trading, declaring it Sharia compliant. [...] The post Cryptocurrency Receives Sharia Seal of Approval in Malaysia appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/cryptocurrency-receives-sharia-seal-of-approval-in-malaysia/

The Tokyo-based cryptocurrency exchange bitFlyer will develop a crypto-asset wallet for Brave browser’s users in Japan. On Thursday, bitFlyer announced its partnership with Brave International SEZC, the developer of the Basic Attention Token (BAT)-powered browser. [...] The post bitFlyer to Develop Crypto-Asset Wallet for Brave’s Japanese Users appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/bitflyer-to-develop-crypto-asset-wallet-for-braves-japanese-users/

In a groundbreaking announcement, Jack Mallers, the founder of Zap, launched on Thursday the company’s new cryptocurrency exchange app “Strike”. Strike allows users to send and receive Bitcoin (BTC), and to make Lightning Network payments [...] The post Zap releases ‘Strike’ for BTC Transfer through Bank Accounts appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/zap-releases-strike-for-btc-transfer-through-bank-accounts/

Tech Mahindra has launched a new digital platform addressing challenges content creators could face in terms of digital piracy. The company has built the new Blockchain-based Contracts and Rights Management System (bCRMS) “on open-source Hyperledger [...] The post Tech Mahindra launches anti-media piracy blockchain-based platform appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/tech-mahindra-launches-anti-media-piracy-blockchain-based-platform/

Usually the Bitcoin market is quiet, but recently things have been quite different. An unknown party sent nearly $1bn in Bitcoin to two other unidentified entities on 27 June, stirring a big wave of questions [...] The post Bitcoin concerns resurface: $1bn BTC mysteriously transferred in the blink of an eye appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/bitcoin-concerns-resurface-1bn-btc-mysteriously-transferred-in-the-blink-of-an-eye/

The US-based global payments technology company, Visa, is betting on the central bank digital currencies (CBDC) as one of the most trends for the future of money and payment in the upcoming decade. “As governments [...] The post CBDC One of the Most Important Trends for Money Future: Visa’s Crypto Head appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/cbdc-one-of-the-most-important-trends-for-money-future-visas-crypto-head/

The Bank of Japan (BoJ) has become the latest of central banks that joined experimenting with the central bank digital currency (CBDC) after it announced the launching of the testing of a digital Japanese Yen. [...] The post Bank of Japan to Start Testing Digital Yen appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/bank-of-japan-to-start-testing-digital-yen/

The Public Mint launched on Wednesday its “fiat-native” public Blockchain after two years of development, promising to connect every person, business and application globally in a frictionless network even without bank accounts, a Wednesday statement [...] The post Public Mint Launches Its ‘Fiat-Native’ Public Blockchain appeared first on Cryptolydian - Bitcoin, Blockchain and Cryptocurrencies News . source https://cryptolydian.com/public-mint-launches-its-fiat-native-public-blockchain/