The president of Brazil, Jair Bolsonaro, said in an interview with Ratinho’s SBT show on June 4, 2019, that he doesn’t know what Bitcoin is, despite the hype that Bitcoin is causing in the country, aphenomenon that has been increasing over the past few years.
Rio de Janeiro, Brazil
The president’s Read More
On May 30, overnight, the valuation of the crypto market dropped by $19 billion as the price of bitcoin (BTC) briefly dropped from $9,000 to $8,000 — a staggering 11% within a few hours on exchanges like Bitstamp. The drop of bitcoin to $8,000 was not visible on charts Read More
Photo: ShutterstockSa Xiao, a Council Member at the Bank of China’s Law Research Association, unveiled that Bitcoin and a number of operations with it stay within the law frames of China. CnLedger, Chinese crypto news, reads:“It is legal to own bitcoins in China’ says Sa Xiao, Council Member at Read More
Last year we began taking action against organisations for non-payment of the data protection fee, sending out a clear message that those who didn’t pay risked Read More
Binance, the biggest crypto exchange by volume, was hacked on Tuesday. The hacker took $40 million or 7000 BTC.
Binance had a chance to recover these funds. They could cut a deal with the majority hashpower miners. The miners would Read More
By CCN: Dave Ramsden, deputy governor for markets and banking at the Bank of England, said in an interview with CNBC that crypto assets like bitcoin are too volatile to be a store of value and they do not meet the principles of currency.Citing the research of the Financial Policy Read More
BTC Set To Range Between $4,000 And $6,000
According to 8BTC, an Asia-centric crypto outlet, Zhao Dong, one of China’s biggest names in the Bitcoin space, has taken to Weibo to express his thoughts on the current state of this embryonic market. Interestingly, Zhao was adamant that BTC’s rally seen last Read More
Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: "CCN+Hacked". Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to Read More
Booming Crypto Industry
Many argue that it’s hard to make a case that the crypto industry is healthy. The value of Bitcoin (BTC) collapsed by 80% of 2018, as the zany bubble of 2017 unwound; retail investors fled; and many Wall Street firms, who were previously enthused about cryptocurrencies, pulled their Read More
Tether announced today that it’s issuing USDT on the TRON blockchain. As Tether writes in its own blog post on the subject:The TRC20-based USDT enables interoperability with TRON-based protocols and Decentralised Applications (dApps) whilst allowing users to transact and exchange fiat pegged currencies across the TRON Network.TRON is only the Read More