Crypto news

The Internal Revenue Service (IRS) wants in on activities happening on Monero and Bitcoin’s Lightning Network. That’s why the Federal organization is inviting applications with demonstrated working prototypes that can break into the privacy coin network and trace transactions on BTC’s layer two chain. IRS will offer $625,000 for the same.IRS Will Fund Monero, And Bitcoin Lightning Network Cracking PrototypeIn an announcement dated September 4, the Internal Revenue Service, Criminal...

Jack Dorsey’s financial services company Square has established a non-profit organization called Cryptocurrency Open Patent Alliance (COPA).Working independently from Square, the entity aims to ensure open access to blockchain technology in the digital asset sector and fight patent trolls.Square Creates COPAAccording to Square’s announcement, COPA aims to stop companies within the cryptocurrency ecosystem from “locking up” valuable and useful technologies in patents. The company outlined that...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 968. Im heutigen Video geht’s um folgende Themen: Ist DeFi die Investmentchance des Jahrzehnts & Durchgesickerter Gesetzesentwurf zur europaweiten Kryptoregulierung 1.) DeFi is a ‚once in a decade investment opportunity‘ — True or false?https://cointelegraph.com/news/defi-is-a-once-in-a-decade-investment-opportunity-true-or-false 2.) Leaked draft shows European Union set to be first major jurisdiction to...

YFI took the crypto world by storm last month when it did the unthinkable and surged higher than Bitcoin’s price at the time.Since its launch in mid-August, the DeFi token pumped monumentally to top out at around $39,000. It is a prime example of demand through scarcity as the big draw for this asset is the fact that there are only 30,000 in existence.Since that giddy height, YFI retreated back to around $18,500 on September 5th. The news that Coinbase Pro will be listing the token has given...

Most of the cryptocurrency market is retracing on a 24-hour scale despite increasing in value intraday. Bitcoin surged to nearly $10,500 but is back below $10,300, while Ethereum dips to $360.Bitcoin Stopped At $10,500The positive news for the primary cryptocurrency is that its price remains in the five-digit territory. In fact, Bitcoin even increased towards its previous 2020 high at $10,500 yesterday. However, the bears stopped it before having the chance to conquer it. Ultimately, BTC...

The Digital Currency Group (DCG) just got a whole lot bigger and is now a global enterprise with its latest purchase of Luno, a digital currency exchange based in the UK.Luno Is Now a Part of the Growing Digital Currency GroupDCG is already a major firm considering it owns the institutional crypto trading platform Grayscale. Just a few months ago, the company posted more than $1 billion in trades for its second quarter, meaning that customers had to be trading more than $300 million each...

Binance is willing to go big in the world of DeFi and is investing heavily in promoting its own ecosystem in a clear attempt to take some of the spotlights off Ethereum.During an online panel at The World of DeFi summit, Changpeng Zhao (CZ), the CEO of the world’s largest crypto exchange by trading volume, announced the creation of a $100 million fund to promote DeFi projects running on the Binance Smart Chain.“To bootstrap or to kick off the Binance Smart Chain, and to invite all the...

Despite the recent price swings and Bitcoin losing nearly $2,000 of value in a week, the number of addresses containing at least 1 BTC has marked a new all-time high. Also referred to as “wholecoiners,” those network addresses have reached 823,000.BTC ‘Wholecoiners’ At ATHThe data analytics company Glassnode recently published information regarding the so-called wholecoiners. Meaning, network addresses containing at least one whole coin of the primary cryptocurrency.Bitcoin Price/Number of...

Bitcoin regulation has always been a rather controversial subject. On the one hand, the cryptocurrency is designed to stand alone and give people the chance to garner financial independence. However, if there is no regulation whatsoever for the world’s number one digital currency by market cap, things could wind up very bad with the space, and cybercrime and other malicious activity could continue to meander throughout the arena without limits.Steven Parker: Bitcoin Must Be Regulated...

Bitcoin rose Thursday after it was announced Jim Cramer would be investing in BTC.BTC/USD bulls cheered as Anthony “Pomp” Pompliano made the announcement.The CNBC “Mad Money” host is the latest high-profile investor to jump on the cryptocurrency bandwagon.Jim Cramer is the newest high-profile “bitcoiner.” Anthony “Pomp” Pompliano has managed to convince the “Mad Money” host to buy the major cryptocurrency after years of skepticism.Bitcoin Rises After Cramer AnnouncementCramer’s relationship...