Bitcoin Magazine News

The UK’s ‘Local Currencies’ Are Going Crypto

The Bristol Pound and the Brixton Pound were touted as the saviors of the British High Street—but their progress as local currencies was cut short, in part [...]

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16 July 2021 14:24

Pontem and Pinknode Team Up to Bridge Polkadot and Facebook’s Diem

Pontem, an experimental blockchain network for Facebook-backed cryptocurrency Diem, has teamed up with Polkadot-based node infrastructure provider Pinknode to “provide crucial infrastructure for Web 3.0 purposes.” Per [...]

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16 July 2021 14:00

Ukrainian Gang Busted for Using PS4s to Mine Crypto and FIFA Soccer Players

The Security Service of Ukraine (SBU) discovered on July 8 a warehouse filled with 3,800 PlayStation 4 Slim gaming consoles when they investigated a massive energy leech [...]

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16 July 2021 13:39

Digital Yuan Now Has More than 20 Million Wallets: Chinese Central Bank

The Chinese central bank’s digital yuan pilot is slowly picking up steam. According to a progress report published today, the People’s Bank of China’s central bank digital [...]

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16 July 2021 11:57

Dogecoin Down 20% from Last Week

The price of Dogecoin has fallen 19.37% in the last week to hit $0.18—the lowest it’s been since April 23, when the price hit $0.16—according to crypto [...]

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16 July 2021 11:53

Binance Director in Brazil Resigns Due to ‘Misalignment of Expectations’

Ricardo Da Ros, Binance Brazil’s country manager, left his position just six months after he assumed the role. Brazil is one of a few countries where Binance [...]

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16 July 2021 09:50

Crypto Exchange Binance Stops Selling Tesla, Facebook, Google Stock Tokens

Editor’s note: This article has been updated to include an announcement from Hong Kong’s financial regulator.  After financial regulators scrutinized Binance’s stock tokens, the world’s largest crypto [...]

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16 July 2021 09:41

What Is Cardano’s Alonzo Rollout and What Does It Mean for Ethereum?

Since its inception in 2015, Ethereum has been the dominant platform for crypto companies to build projects on. Its combination of smart contracts and ERC-20 tokens allows [...]

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16 July 2021 09:06

Thorchain’s RUNE Token Slides 15% Following Multi-Million Dollar Exploit

The price of RUNE, the native token of decentralized finance (DeFi) liquidity protocol Thorchain, dropped by about 15% today following yesterday’s attack which saw hackers drain 2,500 [...]

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16 July 2021 08:27

Self-Described Youngest Bitcoin Millionaire Pitches ‘Freedom Phone’ to Libertarians

A 22-year-old German man caused a minor stir on Twitter this week when he tweeted a video pitching a “Freedom Phone” he claims will let people use [...]

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16 July 2021 03:01

Surging Ethereum NFT Game Axie Infinity Plots Esports Push

Axie Infinity, an Ethereum-based monster-battling game inspired by Nintendo’s Pokémon, has revealed plans to support esports competitions via funding for community-run events and a dedicated server. The [...]

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16 July 2021 01:01

PleasrDAO Uses NFTs as Collateral for $3.5 Million Loan

PleasrDAO, an investment collective that’s spent the past few months snapping up multimillion-dollar NFTs, is putting its crypto assets to work as collateral for a $3.5 million [...]

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16 July 2021 00:10

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