Altcoin Magazine

[Altcoin Magazine]

First Eurozone Country to Test Its Own Digital Currency in 2020

France wants to be the first country in the Eurozone to test a digital currency. It should be suitable for the transfer of very large amounts, as the head of the French central bank said...

https://medium.com/altcoin-magazine/first-eurozone-country-to-test-its-own-digital-currency-in-2020-ff168a54898f

[Altcoin Magazine]

This Country Keeps 213,519 BTC ($1.6 billion) in the Treasury

In the great ocean of the Bitcoin Whales, Bulgaria is one of the largest: 213,519 Bitcoins can unite the land on the Black Sea on its wallet. That’s about $1.6 billion at the current BTC price...

https://medium.com/altcoin-magazine/this-country-keeps-213-519-btc-1-6-billion-in-the-treasury-be5a24313b5e

[Altcoin Magazine]

Australian Police Seized $1 Million in Crypto

It is reported that a 27-year-old man and a 25-year-old woman were arrested on charges of transporting 27.5 grams of ecstasy tablets and 27.5 grams of white powder. Young people transported drugs from the UK in a children’s drawing kit. During the investigation, the police discovered an electronic device on which cryptocurrencies worth about $1 million were stored...

https://medium.com/altcoin-magazine/australian-police-seized-1-million-in-crypto-32c85d4e70ec

[Altcoin Magazine]

North Korean Hacker Group Launches Fake Cryptocurrency Trading Site

The virus was detected on a fake cryptocurrency trading site with the address “unioncrypto.vip”, which is being promoted as a “platform for arbitrage trading of cryptocurrencies.”...

https://medium.com/altcoin-magazine/north-korean-hacker-group-launches-fake-cryptocurrency-trading-site-9712ae5ee3e7

[Altcoin Magazine]

State-Backed Mining Company Goes Bankrupt

According to documents issued at the end of November, the company has assets totaling $3.5 million with a total debt to creditors, including federal and municipal authorities, of $10 million...

https://medium.com/altcoin-magazine/state-backed-mining-company-goes-bankrupt-d452ccfc5d00

[Altcoin Magazine]

Survey: 48% of Financial Experts Don’t Know What Blockchain Is

A recent survey has revealed that around half (48%) of people in the financial sector have no idea what Blockchain technology is...

https://medium.com/altcoin-magazine/survey-48-of-financial-experts-dont-know-what-blockchain-is-98675e812a4

[Altcoin Magazine]

Millennials Prefer Bitcoin over Netflix, Walt Disney, Microsoft or Alibaba Stocks


A new report has found that millennials would rather invest in Grayscale’s Bitcoin trust than Netflix stock...


https://medium.com/altcoin-magazine/millennials-prefer-bitcoin-over-netflix-walt-disney-microsoft-or-alibaba-stocks-21076ac2f6ab

[Altcoin Magazine]

Porsche and T-Mobile Backed World’s First Blockchain IPO

The world’s first initial public offering (IPO) on the blockchain was recently completed in Berlin. The IPO was conducted by the Neufund platform for the Greyp startup. The IPO attracted about 1017 investors from 34 different countries. The minimum investment threshold for an IPO was 100 euros, and the proposal itself met local regulatory requirements. Greyp raised €1.4 Million and is backed by both Porsche and T-Mobile and is the sister company of supercar firm Rimac Automobili...

https://medium.com/altcoin-magazine/millennials-prefer-bitcoin-over-netflix-walt-disney-microsoft-or-alibaba-stocks-21076ac2f6ab

[Altcoin Magazine]

Ethereum Wins Another Major Development Boost

Ernst & Young recently released an open-source code that significantly improves the privacy and efficiency of transactions for Ethereum...

https://medium.com/altcoin-magazine/ethereum-wins-another-major-development-boost-c088c9316d73

[Altcoin Magazine]

Monero Hash Rate up 180% After Activating RandomX

The cryptocurrency Monero is experiencing a rapid increase in the hash rate after a recent update, with which the RandomX Proof-of-Work algorithm was added to its protocol, aimed at reducing the efficiency of ASIC miners...

https://medium.com/altcoin-magazine/monero-hash-rate-up-180-after-activating-randomx-a571b4442213

[Altcoin Magazine]

Police Shutdown Crypto-Fraud Scheme That Attracted $359 Million

50 special forces, 20 pieces of equipment and a helicopter were involved in the operation. In total, 9 people were detained.

https://medium.com/altcoin-magazine/police-shutdown-crypto-fraud-scheme-that-attracted-359-million-b58d77552992

[Altcoin Magazine]

Bitcoin Options and Cash Settled Futures Now Available on Bakkt

This Monday, the Bakkt cryptocurrency platform announced the launch of two new products tied to the bitcoin futures presented in September: options and futures contracts, which are settled in traditional currency...

https://medium.com/altcoin-magazine/bitcoin-options-and-cash-settled-futures-now-available-on-bakkt-9ef352c92727

[Altcoin Magazine]

Cardano Founder vs Crypto Youtuber — First MMA Fight Between Two Crypto Characters

One of the popular crypto-YouTubers in the English-speaking world, Tyler Swope, aka Chico Crypto, is expected to rise in August 2020 against Charles Hoskinson, the founder of Cardano, for an MMA fight.

https://medium.com/altcoin-magazine/cardano-founder-vs-crypto-youtuber-first-mma-fight-between-two-crypto-characters-2f6bb48b893e

[Altcoin Magazine]

Hackers Sentenced to 20 Years in Prison for Crypto Jacking

It is reported that Bogdan Nicolescu and Radu Miclaus were part of the Romanian hacker group Bayrob Group. Its story began back in 2007 when...

https://medium.com/altcoin-magazine/hackers-sentenced-to-20-years-in-prison-for-crypto-jacking-61758ae88e6

[Altcoin Magazine]

SEC Gives Green Light to $15 Billion Asset Manager’s Bitcoin Futures Fund

The new fund has won a personal endorsement from SEC official Dalia Blass, who claimed the move is an example of her recent endeavors to engage with the fund industry...

https://medium.com/altcoin-magazine/sec-gives-green-light-to-15-billion-asset-managers-bitcoin-futures-fund-b3c4edd6112e

[Altcoin Magazine]

$68 Trillion to Go into the Hands of a Generation Closer to Bitcoin

Michael Sonnenshein, managing director of Grayscale Investments, argues that there is clear evidence that millennials will play an important role in raising the price of Bitcoin in the coming years, while assets of $68 trillion will gradually move from the older generation to them...

https://medium.com/altcoin-magazine/68-trillion-to-go-into-the-hands-of-a-generation-closer-to-bitcoin-f739268bab01

[Altcoin Magazine]

Three Men Are Charged in $722M Crypto-Mining Ponzi Scheme

Goettsche called potential investors of the BitClub Network “dumb” and “sheep”, and described his scheme as “a whole model built on idiots.” ...

https://medium.com/altcoin-magazine/three-men-are-charged-in-722m-crypto-mining-ponzi-scheme-8423c1e02bab

[Altcoin Magazine]

xSongs: Ripple (XRP) Presents Music Marketplace

In early January, Ripple invested $100 million in blockchain gaming development. Now the company introduced a music marketplace where users can pay and artists get paid with XRP...

https://medium.com/altcoin-magazine/xsongs-ripple-xrp-presents-music-marketplace-66227273fe1b

[Altcoin Magazine]

Cryptopia’s Liquidator Retrieved $7.2M but Can‘t Return It to the Users

The liquidator of the ceased to exist New Zealand cryptocurrency exchange Cryptopia has managed to retrieve $7.2 million over the past six months after the platform’s alleged loss of $16 million due to a hacker attack in January, but the process of returning funds to their rightful owners is fraught with a number of problems...

https://medium.com/altcoin-magazine/cryptopias-liquidator-retrieved-7-2m-but-can-t-return-it-to-the-users-e59a742110c7

[Altcoin Magazine]

Jack Dorsey Says Twitter Is Going on Blockchain

Twitter will form and finance the BlueSky development team, which will create a decentralized standard for social networks. The news was announced on Wednesday by Twitter CEO Jack Dorsey...

https://medium.com/altcoin-magazine/jack-dorsey-says-twitter-is-going-on-blockchain-29fa2350cfa7