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Find the latest, and the most interesting, cryptocurrency news collected from around the net.
FBI Investigated Extortion Attempt Over Allegedly Negative Ripple Videos
Oct 23, 2020 at 19:24 UTCUpdated Oct 23, 2020 at 21:23 UTC.Ripple Labs, the digital asset payment service provider tied to XRP, one of the five largest cryptocurrencies, was blackmailed at the height of crypto mania three years ago, CoinDesk has learned.
Price analysis 10/23: BTC, ETH, XRP, BCH, BNB, LINK, DOT, LTC, ADA, BSV
The uptrend could pick up momentum after the bulls push the price above $421.XRP/USD. XRP attempted to rise above the $0.2295-$0.26 range on Oct. 21 but the bulls could not close the price above $0.26.
Novogratz calls PayPal's Bitcoin news 'the shot heard around the world on Wall Street'
Galaxy Digital CEO and multi-millionaire Mike Novogratz recently hopped on CNBC Squawk Box for an interview, detailing the importance of PayPal's upcoming 2021 Bitcoin launch.
Why Fiats Are Failing in 2020
Oct 23, 2020 at 19:00 UTC.From Brazil to Argentina to Turkey, bitcoin priced in local currencies is reaching all time highs.
Why an analyst thinks Thorchain will benefit from a PayPal BitGo acquisition
The biggest crypto news event of the last day is the report from Bloomberg that PayPal is looking into acquiring BitGo, one of the industry's leading digital asset custodians.
US Looks to Cast Wider Money Transfer Dragnet
Oct 23, 2020 at 18:35 UTCUpdated Oct 23, 2020 at 19:31 UTC.The Federal Reserve, the U.S.' central bank, published a proposed rule change Friday asking about the recording requirements for money transfers involving virtual currencies.
Law Decoded: Government sandboxes, test beds and crypto compromises, Oct. 16-23
A line from immortal comic strip Calvin & Hobbes goes "a good compromise leaves everybody mad." When it comes to laws governing crypto, authorities are usually asking for pretty major compromises because they are, at their very best-intentioned, trying to work things out.
Ken Kurson, Trump Family Friend and Ripple Board Member, Arrested on Cyberstalking Charge: Report
Oct 23, 2020 at 17:52 UTCUpdated Oct 23, 2020 at 18:12 UTC.Ken Kurson, a board member of payments firm Ripple and the co-founder of cryptocurrency website Modern Consensus, was arrested Friday and charged with cyberstalking in connection with his divorce, the New York Times reported.
What It Means if Companies Like Twitter Are 'Systemically Important' to Financial Regulators
Oct 23, 2020 at 17:42 UTCUpdated Oct 23, 2020 at 18:08 UTC.When I first suggested Systemically Important Social Media Institutions were the social media parallel to Systemically Important Financial Institutions, I did not expect the theory to be picked up by financial regulators.
Anonymous devs behind a DeFi yield farm could steal $1B in 12 hours
Harvest Finance, a decentralized finance project that succeeded in attracting over $1 billion in funds locked has an admin key that gives its holders the ability to mint tokens at will and steal users' funds.
Digital ruble must ensure privacy, not anonymity: Russia's central bank
Russia's digital ruble will not have the same level of anonymity as cash, says official.
Why low latency is important for cryptocurrency exchanges, explained
In the volatile world of cryptocurrency, latency becomes even more important than ever before, as prices can move swiftly in a matter of seconds.
DeFi season could be over as Bitcoin and Ether pack bags for the moon
Ethereum has seen increased popularity throughout 2020 due to the rise of DeFi, but some skepticism is being voiced over the long-term prospect and sustainability of DeFi.
Binance VC arm leads $1.3M raise for decentralized streaming protocol
Decentralized music sharing service Audius has raised nearly $10 million so far.
Quantstamp will audit the entire blockchain of a new DeFi project on Polkadot
Quantstamp's audit is crucial to ensure a smoothly operating blockchain.
Institutional frenzy: CME becomes 2nd biggest Bitcoin futures market
The CME Bitcoin futures market overtook Binance Futures to become the second-biggest Bitcoin futures exchange by open interest.
Synthetix founder calls Bitcoin's weekly chart the "most bullish thing" he has seen
Bitcoin's price action over recent weeks and months has undoubtedly been bullish.
Japanese soccer star Keisuke Honda launches his own crypto
Crypto and blockchain matter for the global soccer community.
Russia doesn't need to be first with a digital currency, says state expert
Russia is purportedly taking a fast-second strategy for the digital ruble.
Economist: DeFi prices to trend higher as Bitcoin creates tailwind for beta assets
The DeFi sector has been struck hard by the recent market-wide downturn seen throughout the past couple of months.
Michael Saylor claims the company will hold Bitcoin for '100 years'
Microstrategy CEO Michael Saylor said he will hold his company's Bitcoin for 100 years, and has no intention of selling it.
Traders on Paxful sell $16.2M of Bitcoin for discounted gift cards each week
A new report has found almost half of all Bitcoin traded on the P2P exchange Paxful is exchanged for gift cards.
WordPress content can now be timestamped on Ethereum
A WordPress plugin allows publishers to timestamp content on Ethereum for immutability and copyright protection.
First ransomware attack in 2020 election hits voting infrastructure in Georgia
Key voting infrastructure of a county in Georgia has been impacted by a ransomware attack targeting local government networks.
5 on-chain trends show Bitcoin fundamentals are "incredibly good"
Bitcoin is roaring higher after weeks of consolidation in a $1,000 range between $10,000 and $11,000.
Funds locked in DeFi surge $1B as analyst tips post-election bull run
Following a six week cooling-off period for the majority of decentralized finance protocols, the DeFi bulls are back in action as total value locked surges to new record highs.
Ethereum set to become first blockchain to settle $1 trillion in one year
The Ethereum network is processing more than double the transaction volume of Bitcoin, and is on-course to process $1 trillion this year.
Crypto P2P adoption in Middle East stymied by politics and tech
Data published by Arcane Research suggests that despite demand for peer-to-peer crypto trading platforms in the middle east, regulations and lack of infrastructure is slowing down adoption.
Grayscale adds a 'cool $300M' in a day and $1B this week
Crypto fund manager Grayscale Investments has increased its assets under management by $1 billion in the space of a week.
3 key metrics and disinterest from pro traders hint at Bitcoin price sell-off
Professional traders are more experienced and know precisely how to play these FOMO-inducing situations.