Bitcoin 

French Minister of Economy to Ask for Guarantees From Facebook In Regards to Its Forthcoming Coin

French Minister of the Economy and Finance intends to “ask for guarantees” from Facebook in regards to its forthcoming digital currency Libra, media outlet Europe 1 reported on June 18. The Minister of the Economy and Finance, Bruno Le Maire told Europe 1 that Facebook’s long-awaited stablecoin Libra is an “attribute of the sovereignty of the States” and should “remain in the hands of the States and not of the private companies which answer to private interests”. Le Maire stated that he will “ask for guarantees” from the social media…

Read More
Cryptocurrency 

Quantum Computing Vs. Blockchain: Impact on Cryptography

The major selling point of blockchain and its applications is that cryptographically secured distributed ledgers are virtually “unbreakable” under normal circumstances, given the current state of computational technology. Its validity, however, is heavily dependent on the “state of technology” assumption. Should a paradigmatic shift in computing occur, contemporary blockchain-based systems may become vulnerable to threats not accounted for in their design. But how urgent is the threat of this happening any time soon? The strides that physicists have been making for the last three decades toward building an operational quantum…

Read More
Cryptocurrency 

25 Bitcoin Transactions Worth $6 Billion Included in One Block

Several high-value bitcoin (BTC) transactions were included in a single block on June 30. Bitcoin Block Bot, a Twitter account dedicated to reporting significant bitcoin (BTC) transactions reported that 25 bitcoin transactions worth $6 billion were included in block 583,139 on June 30. Cryptocurrency news outlet AmbCrypto reported that all the transactions formed a bigger, linear transaction. Wallet 1 initiating the transaction sent 24,392.93062596 BTC to wallet 2, and 300 BTC to wallet 3. This last address received a total of 5,800 BTC, and was a receiving wallet in all…

Read More
Cryptocurrency 

Facebook Removes Bitcoin Scam Ads With Abu Dhabi Crown Prince

Facebook has removed ads for a bitcoin (BTC) scam that masqueraded as posts by the crown prince of Abu Dhabi, UAE news site The National reports on June 30 According to the report, a recent scam on social media — dubbed “Bitcoin Loophole” — claimed that Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, personally endorsed a scheme that guaranteed riches within a week through bitcoin trading. The social media giant reportedly deleted the fraudulent posts after thousands of investors handed…

Read More
Ethereum 

Bittrex User Alleges Funds Were Withheld in Recent Lawsuit

A New York resident has filed a lawsuit against crypto exchange Bittrex for allegedly withholding funds, industry news outlet The Block reports on June 30. Per the report, the plaintiff claims to have deposited $120,000 onto her Bittrex account in August 2018 and that the company suspended it and refused to release the funds until November of this year. She also alleges that the exchange “attempted to extort her by withholding the funds she had in her account” unless she signed an agreement giving up her rights to sue the…

Read More
Ethereum 

Bitcoin Near $11,000 as Marked Corrects Downward

Saturday, June 29 — most of the top 20 cryptocurrencies are reporting are seeing losses at press time, as markets are sloping downward.  Market visualization courtesy of Coin360 Bitcoin (BTC)  is currently down 7.33% on the day, trading around $11,103 at press time, according to Coin360. Looking at its weekly chart, the coin is up 3.72% Bitcoin 7-day price chart. Source: Coin360 Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands around $31.5 billion. The second-largest altcoin, Ripple’s XRP, has a market cap…

Read More
Cryptocurrency 

Top 5 Crypto Performers: LINK, BTC, NEO, LEO, ETH

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. From being outright dismissive of cryptocurrencies to adopting them, most central banks have come a long way. Research by the International Monetary Fund shows that several countries, both developed and developing, are toying with the idea of launching their own Central Bank Digital…

Read More