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Source: CryptoPost

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Decentralized Crypto Exchange Disables Trading Due to ‘Critical Security Vulnerability’
The developers behind the peer-to-peer cryptocurrency trading platform Bisq have temporarily disabled services after discovering a critical security vulnerability.

Formerly known as Bitsquare, Bisq is a decentralized exchange (DEX) that facilitates crypto-to-fiat trades without a formal intermediary. In a community… Read full article
4h ago
Security Crypto Exchange DECENT
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US Court Postpones Sentencing for OneCoin Crypto Scam Co-Founder
Sentencing for the co-founder of the major crypto scam OneCoin has been postponed for a further three months at the request of the United States government.

On April 7, the New York Southern District Court approved a motion to adjourn… Read full article
4h ago
SENT
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SoFi Acquires Payment Processor Galileo in $1.2 Billion Deal
California-based and crypto-friendly financial firm Social Finance — SoFi — is acquiring the digital payment platform Galileo.

In an April 7 press release, SoFi announced that it has signed an agreement to pay $1.2 billion for Galileo Financial Technologies. According… Read full article
4h ago
ION LEO
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Blockchain Traceability Overtakes Payments Among Major Corporations
Multi-billion dollar companies are more likely to use blockchain for traceability and provenance than for payments and settlement, according to a new analysis of the Forbes Blockchain 50.

The now annual Blockchain 50 list was published in late February and… Read full article
4h ago
Blockchain Payments BLOCK TRAC
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Cooking Mama Developer Denies Rumours it Mines Crypto
Developer 1st Playable has denied rumors one of their games was used to hijack Nintendo’s Switch console to mine Bitcoin and other cryptocurrencies.

While the recent Nintendo release, Cooking Mama: Cookstar, is connected to blockchain technology — it’s not in… Read full article
4h ago
CryptoPost
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Bitcoin SV’s Social Platform Twetch Streamlines P2P Payments
Bitcoin SV powered social media platform Twetch has launched a feature to streamline peer-to-peer (P2P) payments.

Twetch is a Twitter-like social media platform where users must make micropayments in order to post and engage with content on the platform. Content… Read full article
4h ago
Bitcoin Payments
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UFC Fighter Changes Twitter Name to Promote Bitcoin Halving
As Bitcoin (BTC) prepares to undergo a block reward halving next month, at least one prominent figure in the sports world is doing his part to promote the event.

Ben Askren, former Ultimate Fighting Championship (UFC) fighter and well-known Bitcoin… Read full article
4h ago
Bitcoin Twitter
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Tim Draper: Pandemic Could Be The Tipping Point For Bitcoin
The global spread of the coronavirus played a major role in the dramatic 2020 stock market crash. The bailout bill for saving the world’s economy is $7 trillion and rising fast. Bitcoin bull Tim Draper believes this confluence of factors… Read full article
4h ago
Bitcoin Tim Draper INT
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Charity Crypto Poker Tournament: Big-Stacking Sats for COVID-19
The crypto community is rallying around the charge to fight COVID-19, with a variety of initiatives raising money to fight the pandemic and support charities on the front lines of the battle. The most recent: an online poker tournament, open… Read full article
4h ago
CryptoPost
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It’s Time For Beer & Bitcoin: Quarantine Edition
In the latest episode of Beer & Bitcoin, Cointelegraph’s YouTube hosts Jackson and Giovanni were joined by Cointelegraph editor-in-chief Jay Cassano and managing editor Kristina Lucrezia Corner. They are in quarantine in New York City and Padova, Italy, respectively.

But… Read full article
4h ago
Bitcoin
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Jack Dorsey Donates 28% of His Wealth to Global COVID-19 Relief
Twitter CEO and Square founder Jack Dorsey has started a new fund called Start Small LLC, aimed at fighting COVID-19. He’s seeding the fund with $1 billion, roughly 28% of his wealth. He shared the news via Twitter:

Source: Twitter… Read full article
17h ago
CryptoPost
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Canaan IPO Class Action: Shareholders Must Decide Who Will Represent Them By May
Law firm Robbins Geller Rudman & Dowd LLP announced on April 7 that the lead plaintiff motion deadline in the Canaan securities IPO class action lawsuit was set for May 4, 2020.

The Canaan’s litigating stakeholders in the “Lemieux v.… Read full article
17h ago
IPO ION SENT
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Bitcoin Cash Halving in T-Minus 16 Hours, BSV to Follow
Bitcoin Cash (BCH) will complete its block reward halving over the next 24 hours, with Bitcoin Satoshi’s Vision (SV) following shortly after.

One of Bitcoin’s most controversial forks, Bitcoin Cash, will halve in approximately 16 hours as of press time,… Read full article
17h ago
Bitcoin Bitcoin Cash
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Bobby Lee Calls For BTC to Reach All-Time High in 2020
Crypto exchange founder, Ballet crypto wallet company CEO and founder, and member of the Bitcoin foundation’s board of directors, Bobby Lee, sees soaring prices in Bitcoin’s (BTC) future.

Lee said he expects Bitcoin to hit $10,000 by its block reward… Read full article
17h ago
#BTC
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Former Facebook Exec: BTC’s Price is Either Going to Zero or Seven Figures
In a recent discussion with Morgan Creek Digital Partner Anthony Pompliano, Social Capital CEO and former Facebook executive Chamath Palihapitiya asserted that the price of Bitcoin (BTC) will either reach “millions,” or go to “zero.”

For Palihapitiya, the question of… Read full article
17h ago
Facebook #BTC VEN MER ORME
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What Makes DeFi Decentralized? Rune Christensen on Centralized Collateral and Decentralizing Make
As part of its Black Thursday mitigation efforts, MakerDAO introduced USDC as a form of collateral. While this was an emergency measure, it touched the very sensitive topic of centralized collateral assets in Maker (MKR).

The concept of decentralization underpins… Read full article
17h ago
DECENT
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Russian Darknet Criminals Sell $13M of Fake Cash for Crypto
Russian authorities have detained a group of online criminals that reportedly sold massive amounts of counterfeit banknotes on the dark web in return for cryptocurrencies.

According to an April 7 report from Russian news agency Kommersant, the criminal group has… Read full article
17h ago
Russia
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Bitcoin Spikes by 2x in 26 Days: What’s Actually Behind the Big Rally?
The Bitcoin (BTC) price has increased by two-fold in less than a month, surging from $3,600 to over $7,350. While traders believe a combination of many factors caused the upsurge, there are three main factors that likely contributed to it.… Read full article
17h ago
Bitcoin
CryptoPost
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The Crypto Industry’s ‘Bloody Friday’ Lawsuits: Do They Hold Weight?
On April 3, a massive deployment of lawsuits were filed against major crypto industry players across the globe. The eleven lawsuits were filed in the United States District Court for the Southern District of New York in what is being… Read full article
17h ago
crypto industry
CryptoPost
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Investor Sues Crypto Mining Firm Riot Blockchain to Pay $728K in Legal Fees
An investor sued Nasdaq-listed cryptocurrency mining firm Riot Blockchain for $728,200 that the investor owes in another contract breach lawsuit.

According to court documents filed on April 3, the aforementioned sum is the money Riot Blockchain investor Barry Honig and… Read full article
17h ago
Mining Blockchain Fees IOT PAY BLOCK
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07.04.2020
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CargoSmart, Tesla and Cosco to Pilot Blockchain Tech in Cargo Release Process
CargoSmart, the software wing of the Hong Kong-based Orient Overseas Container Line, aims to transform the cargo release process using its new blockchain application.

According to a report published by Splash 247 on April 7, CargoSmart partnered with Cosco, Shanghai… Read full article
1d ago
Blockchain SMART BLOCK ART
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Bitfinex Launches Staking in Response to Customer Demand
Major cryptocurrency exchange Bitfinex has become the latest exchange to offer staking services to customers.

Announced April 3, Bitfinex will offer staking rewards up to 10% per annum on crypto assets underpinned by a Proof-of-Stake algorithm.

“We’re committed to engaging… Read full article
1d ago
Launch Bitfinex MER
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Bitcoin Has Gained $600 for 3 Consecutive Mondays — Price Hits $7,400
Bitcoin (BTC) bulls showed up early Monday morning and took full control of Bitcoin price by sending the price through the $6,900-$7,200 resistance zone to a nearly 4-week high of $7,454. The surge to $7,454 occurred as the United States’… Read full article
1d ago
Bitcoin
CryptoPost
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CoinGecko CEO: ‘Hard for CoinMarketCap to Stay Neutral’
Just one week after exchange Binance announced its acquisition of CoinMarketCap (CMC) — one of the most-referenced crypto data websites — some prominent figures in the crypto community are speaking out.

Bobby Ong, Co-founder and Chief Executive Officer (CEO) of… Read full article
1d ago
CryptoPost
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Brave Tokens Available for Trading on Gemini Starting April 24
Brave, the open-source pay-to-surf browser, will soon have more options for trading its signature token.

In April 6 blog post on the Gemini website, the platform announced they would soon support trading for Brave’s Basic Attention Token (BAT). Users will… Read full article
1d ago
Tokens
CryptoPost
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Bitcoin Price Will Go Up as Only Profitable Miners Remain: Data Analyst
Approximately 4-weeks ago global equities markets were in distress as investors finally realized that the coronavirus was not just an illness restricted to China, but rather a global pandemic which could permanently damage economies across the globe.

Crypto markets were… Read full article
1d ago
Bitcoin Bitcoin Price DATA
CryptoPost
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Investigating Digital Assets in Japan Stymied by Nature of Crypto
According to top government officials in Japan, the current national tax system is not yet capable of accepting declarations of digital assets, potentially leading to outflows overseas.

In a Q&A session at the Financial Statements Committee on April 6, Representative… Read full article
1d ago
Japan digital assets
CryptoPost
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BitMEX Operator Gives $400K Sponsorship to Cybersecurity Nonprofit
HDR Global Trading, the operator of crypto exchange BitMEX, is giving a $400,000 grant to the cybersecurity nonprofit Shadowserver Foundation.

In an April 6 statement on the company’s blog, HDR Global Trading announced that it would offer $400,000 to the… Read full article
1d ago
Security Opera
CryptoPost
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Bitcoin Price Rallies Higher but Must Hit $8K to Start a Bull Market
Bitcoin (BTC) closed the week up 15.4% at $6,775 and has started the day with a further 6% move to the upside, breaching the $7,000 handle and making highs at $7,300.

Looking at performance relative to its peers, Ether (ETH)… Read full article
1d ago
Bitcoin Bitcoin Price ART
CryptoPost
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Most of China’s DLT Firms That Closed in 2019 Were Scams or Poorly Planned
Most of the blockchain firms that closed in 2019 were cryptocurrency scams or had deficient business models, according to recent research.

Research sent to Cointelegraph by Chinese market research firm EqualOcean on March 26 suggests that most blockchain-backed Chinese businesses… Read full article
1d ago
China Scams OST
CryptoPost
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Ethereum Creator Picks Two Worst Bull and Bear BTC Predictions Ever Made
As the world’s biggest cryptocurrency, Bitcoin (BTC) is highly volatile, once surging from $1,000 to $20,000 in the span of just over a year. The coin has become the subject of infinite price predictions. Both optimistic and negative, some of… Read full article
2d ago
Ethereum Predictions #BTC
CryptoPost
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Rune Christensen: ‘Our Job Is to Support Whatever the Maker Community Decides’
As the dust begins to settle over MakerDAO’s Black Thursday incident, the team is now returning to a normal working pace. We took the opportunity to catch up with Rune Christensen, one of the original founders of the protocol, for… Read full article
2d ago
Maker UNITY
CryptoPost
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Researchers Design Blockchain-Based Digital Court In Japan
A group of researchers has devised a blockchain-based mechanism to perform legal functions in a so-called “digital court,” according to an April 6 announcement.

Professors Hitoshi Matsushima from the University of Tokyo, and Shunya Noda from the University of British… Read full article
2d ago
Blockchain Japan BLOCK
CryptoPost
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Charities Are Turning to Bitcoin Amid the Global Fight Against Coronavirus
In the war against the novel coronavirus, cryptocurrencies are emerging as a much-needed tool for charity and fundraising projects. Already there are a number of large nonprofits accepting Bitcoin donations. Plus, some blockchain and crypto firms are contributing medical supplies… Read full article
2d ago
Bitcoin
CryptoPost
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Vonage Co-Founder Launches Decentralized Videochat App to Battle Zoom
Jeff Pulver, a Voice Over Internet Protocol (VoIP) pioneer and the co-founder of Vonage, has launched a decentralized application (dApp) that claims to provide the “most secure end-to-end business communications network” available.

The move follows reports last week that rival… Read full article
2d ago
Launch DECENT
CryptoPost
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Nestle Rises to DLT Challenge, Expands IBM Food Trust Blockchain Tool to Coffee
Global implementation of blockchain technology in the food industry continues to grow as the world’s biggest food and beverage company, Nestle, doesn’t put its blockchain efforts on hold.

On April 6, Nestle announced that the company is expanding its long-running… Read full article
2d ago
Blockchain IBM BLOCK Rise
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Bitcoin Hashrate Increases 1/3 in 2 Days — Will BTC Price Follow?
Bitcoin (BTC) hashrate has increased 33% in just two days while the price of Bitcoin trails behind.

BTC price & hashrate

Bitcoin hashrate has exploded from 91,290,582 TH/s on April 4 to 121,029,181 TH/s on April 6. Historically, Bitcoin hashrate… Read full article
2d ago
Bitcoin BTC price #BTC
CryptoPost
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Bitcoin Price Textbook Breakout Pattern May Trigger Big Rally to $8.5K
The Bitcoin price (BTC) has surged by 5.6% in the last 12 hours, cleanly breaking out of the $6,800 to $7,000 resistance range for the first time since its drop to $3,600 on March 12.

The strong upward momentum of… Read full article
2d ago
Bitcoin Bitcoin Price TERN TRIG
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US Congressional Watchdog Quietly Reveals DLT Prototype Development
The United States Government Accountability Office’s (GAO) Innovation Lab posted ads for job positions to develop “use case prototypes” for blockchain technologies in late-March.

GAO is the supreme audit institution of the U.S. government and provides evaluation and investigative services… Read full article
2d ago
Congress
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Q&A: What is Prime Brokerage, and Will it Gain Traction in Crypto?
From margin trading to futures, many services have made the leap from traditional financial instruments to cryptocurrency. But there’s one that has yet to enter the consciousness of most crypto traders: prime brokerage.

Here, Bequant CEO George Zarya explains why… Read full article
2d ago
TRAC ION
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06.04.2020
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Bitcoin Price Breaks $7K But Must Defend it to Avoid $5.2K — Analyst
Bitcoin (BTC) finally retook $7,000 on April 6 after days of posturing culminated in a sudden surge as the new week began.

Cryptocurrency market daily overview. Source: Coin360

BTC price exits $6K… again

Data from Coin360 and Cointelegraph Markets showed… Read full article
2d ago
Bitcoin Bitcoin Price
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Factom Facing Liquidation After Creditor Refuses Request for Funding
After failing to source additional funding, blockchain company Factom has begun the process of being liquidated.

In an April 2 notice to investors, Factom’s largest investor FastForward announced the “dissolution event”:

“The Company has been notified by the directors of… Read full article
2d ago
Factom ION
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Poloniex Enters Controversial IEO Space With Tron-Only Platform
Poloniex revealed its forthcoming Tron (TRX)-powered initial exchange offering (IEO) platform on April 5.

Projects seeking to conduct their offerings on Poloniex’s LaunchBase platform face the stipulation of issuing tokens in exchange for TRX, and will be considered on a… Read full article
2d ago
TRON
CryptoPost
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Revised Crypto Laws in Japan to be Enforced Starting May 1
New laws for regulating cryptocurrencies in Japan will start to be enforced next month.

The Payment Services Act (PSA) and Financial Instruments and Exchange Act (FIEA), two of the pieces of legislation passed by the Japanese House of Representatives last… Read full article
2d ago
Japan
CryptoPost
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Blockchain App Used to Track COVID-19 Cases in Latin America
A Canada-based company is turning to blockchain technology in their efforts to fight the coronavirus pandemic in Latin America.

Emerge, a blockchain startup based in Toronto, is launching a public safety system app called Civitas to assist local authorities in… Read full article
2d ago
Blockchain blockchain app Latin America BLOCK TRAC
CryptoPost
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Waves Lets Users Bet on Spread of COVID-19 For Charity
Waves has launched a macabre campaign to purportedly raise money for COVID-19 relief. The platform has created a tokenized parimutuel betting pool where users can speculate on whether the global number of confirmed coronavirus cases has risen or fallen within… Read full article
2d ago
Waves
CryptoPost
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Stellar to Match XLM Donations to Six Non-Profits During April
The Stellar Development Foundation is matching donations in Lumens (XLM) made to six non-profits during April, including the Tor Project — the team behind ‘The Onion Router’ anonymizing browser.

Donations will be matched up to a total of 1.9 million… Read full article
2d ago
Stellar #XLM
CryptoPost
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Adult Entertainment Supported by Crypto Shoppers During Quarantine
While many crypto holders around the world are practicing self-quarantine and other measures to limit social contact, some are turning to the adult industry for comfort.

Speaking to Cointelegraph, cryptocurrency payment processor CoinGate reported an increase in purchases from adult… Read full article
2d ago
CryptoPost
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Darknet Market to Permanently Ban Vendors Preying on COVID-19 Fears
Dark web marketplace, Monopoly Market, has taken a stand against scammers claiming to sell cures and treatments for COVID-19 on its platform.

On other darknet platforms, listings are rife with coronavirus keywords — with vendors selling everything from narcotic cocktails… Read full article
2d ago
CryptoPost
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In Legal Battle With US SEC, Telegram Sees New Support From Trade Association
The Blockchain Association, a major United States-based trade association in the crypto sphere, has filed a new brief in support of Telegram amid the firm’s continuing legal battle with the Securities and Exchange Commision (SEC).

The amicus brief and the… Read full article
2d ago
Telegram SEC
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Ripple Funds Blockchain’s Disruption of the Legal Industry
A new blockchain course offered by the Australian National University (ANU)’s law school commenced this year with support from Ripple’s University Blockchain Research Initiative (UBRI).

Cointelegraph spoke to Lauren Weymouth, the senior manager of the UBRI’s University Partnerships Program, and… Read full article
3d ago
Blockchain Ripple BLOCK ION
CryptoPost
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Bitcoin’s Correlations With Global Financial Assets Soar Amid Coronavirus Crisis
Many investors hold Bitcoin (BTC) as a hedge against the global financial system. However, as the numbers show, Bitcoin has not been spared from the recent COVID-19 financial crisis.

This article will analyze the movement of global financial markets and… Read full article
3d ago
Bitcoin SOAR
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Africa Using Blockchain to Drive Change, Part Two: Southern Solutions
With pundits like Twitter CEO Jack Dorsey predicting that Africa “will define” the future of Bitcoin (BTC), cryptocurrency and blockchain technology continue to attract interest from both public and private establishments across the continent. Many of these adoption cases have… Read full article
3d ago
Blockchain Africa BLOCK PART ART
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Top 5 Cryptos Not Named Bitcoin This Week (Mar 29): XMR, BNB, HT, CRO, BSV
Consumer attitudes are changing towards banknotes and credit cards as reports suggest that the deadly coronavirus can spread by their use. The Bank of International Settlements (BIS) has, therefore, urged the central banks to consider developing central bank digital currencies… Read full article
3d ago
Bitcoin XMR BNB MED
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Former Google Engineer Claims to Hack Zip File Containing $300,000 in BTC
Michael Stay, a former software engineer with Google and the current CTO of smart contract and decentralized application (Dapp) firm, Pyrofex, claims to have successfully hacked a zip file containing the private keys to over $300,000 in Bitcoin (BTC).

In… Read full article
3d ago
Google 300 MER ORME
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Crypto Mining Companies Promote Freedom of Speech in China
The first case of COVID-19 was diagnosed by Chinese doctors in November 2019, Rather than being shared with the public, news of the viral outbreak was kept unpublished according to media reports on censored government data. Since that time, more… Read full article
3d ago
Mining China
CryptoPost
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Sophisticated Mining Botnet Identified After 2 Years
Cybersecurity firm, Guardicore Labs, revealed the identification of a malicious crypto-mining botnet that has been operating for nearly two years on April 1.

The threat actor, dubbed ‘Vollgar‘ based on its mining of the little-known altcoin, Vollar (VSD), targets Windows… Read full article
3d ago
Mining Dent
CryptoPost
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Bitcoin Flips Bullish — But Here’s Why BTC Price May Still Hit $3.9K
Bitcoin (BTC) price has gained more than 10% in the last week, giving bulls some hope that the road ahead is a bright one for the leading digital asset.

However, despite an effort to blast through the critical resistance level… Read full article
3d ago
Bitcoin BTC price #BTC
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Govt. Pauses SEC Suit Against $30 Mln ICO Amid Parallel Investigation Concerns
Prosecutors have paused a United States Securities and Exchange Commission (SEC) lawsuit against the alleged operators of a $30 million fraudulent ICO amid concerns that proceedings may impact the integrity of a parallel investigation into the defendants.

The United States… Read full article
3d ago
ICO SEC ION MLN
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Traditional Traders Show Growing Interest in Crypto
A survey published on March 31 revealed that senior trading executives believe that large companies in the business would be interested in taking advantage of the recent crypto plunge, particularly Bitcoin (BTC).

According to the Adoption of Digital Asset Trading… Read full article
3d ago
traders
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