Category Archives: Cryptocurrency News

Bitcoin Core version 0.20.1 Released

Bitcoin developers have released an updated version of the main software client Bitcoin Core 0.20.1 with a mechanism to limit the “misbehavior” of peers. The Bitcoin Core client update contains only minor changes and improvements, unlike the previous version of Bitcoin Core 0.20, which was presented in early June. Version 0.20 was mainly aimed at moving away from the OpenSSL cryptographic library, which caused bugs, crashes and network problems. According to the accompanying documentation, the…

Monero and Tari Labs Prepare Guidelines for Listing Anonymous Cryptocurrencies on Exchanges

Monero and Tari Labs will present a guide for cryptocurrency exchanges to place cryptoassets with increased privacy. The document will be released under the title “The Fundamentals and Regulation of Privacy-Enabling Cryptocurrencies”. It will be published by the law firm Perkins Coie. The developers explained that the guide will be a “white paper” detailing how the improved tools can reduce the risks associated with anonymous cryptocurrencies. Marketplaces will receive instructions on how to place XMR…

Billions of dollars in losses. All about cryptocurrency pyramids.

The biggest damage in the blockchain industry comes from Ponzi schemes. They are especially popular with scammers who deceive hundreds of thousands of people every year. 1. How do financial pyramids work? The organizer of the pyramid scheme invites investors, promising them high profits in the future. There are two conditions: the victims must contribute money and invite new members. Those are given a similar task and so on along the chain. All the profits…

Bank of England Updates RTGS Payment Network to Support Government Cryptocurrency

The UK central bank is updating the RTGS payment and settlement system so that it can support the operation of the government cryptocurrency in the future if it is released. The Bank of England wants the updated Real Time Gross Settlement System (RTGS) – the payment network used by UK financial institutions – to be directly compatible with the government’s cryptocurrency. The new settlement system is being developed so that the Central Bank can use…

Iran allows bitcoin mining at local power plants

Iran has allowed large-scale BTC mining operations at power plants. Interested businesses will have to follow certain rules, some of them have already applied for mining. According to local Irna News, Iran has allowed the country’s largest power plant operators to deploy and operate Bitcoin mining farms subject to certain rules. Mostafa Rajabi Mashhadi, deputy head of Iran’s national electricity council, Tavanir, said power plants can mine BTC if they comply with regulatory requirements, obtain…

Glassnode: 93% of all BTC addresses contain “profitable” bitcoins

According to analyst firm Glassnode, about 93% of all BTC addresses contain “profitable” bitcoins after the price of the cryptocurrency exceeded $ 11,000. According to Glassnode, these addresses contain bitcoins, which have increased in value since they were transferred to the wallet. Now the number of such addresses has exceeded 93% of all BTC addresses. Moreover, on July 20, there were no more than 72% of such addresses. The last time over 90% of addresses…

Tether releases USDT for another $ 540 million amid bitcoin growth

Over the past three days, Tether has issued USDT stablecoins totaling $ 540 million on the Tron and Ethereum blockchains, according to Whale Alert. According to the analytical service Whale Alert, on July 29, USDT worth $ 300 million was issued on the Tron blockchain. In addition, on July 22 and 23, the service recorded two more operations to issue USDT stablecoins on the Ethereum blockchain. Each of them was the equivalent of $ 120…

Chainalysis: 892,000 BTC linked to illegal activities

According to analysts, 892,000 BTC are associated with illegal activities and are in the darknet markets, in the hands of scammers or hackers. That being said, most of these BTC end up on cryptocurrency exchanges. According to the analytical company Chainalysis, there are about 585,000 BTC on the darknet markets, cryptocurrency scammers control about 99,000 BTC, and 205,000 BTC were stolen by cybercriminals. Another 3,000 BTC is controlled by other users associated with criminal activity.…

R3 Corda Platform will implement DAML Smart Contract Language

R3’s Corda Enterprise platform integrates the Digital Asset Modeling Language (DAML) smart contract language developed by American startup Digital Asset. Currently, Corda developers can only create applications using the Kotlin language created by JetBrains. The code of this programming language is executed in Javascript and the Java virtual machine. DAML was created in 2016. It is intended for financial institutions, and is used to draw up and execute agreements using distributed ledger technology. Digital Asset…

Chinese Community Launches TON Community Testnet

The Chinese TON community announced the launch of the TON Community blockchain test network, created on the basis of Telegram developments, and the distribution of 10 million TONcoins. Chinese TON Community project founder Tooz Wu said the testnet is called “testnet3” and is based on the official Telegram Open Network (TON) test network, often called “testnet2”. Since the developer of TON said that the platform’s testnet would be closed by August 1, 2020, the Chinese…