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Ukraine, Russia, South Africa, Nigeria Among Top Countries by Cryptocurrency Adoption

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Ukraine, Russia, China, South Africa, Nigeria, Kenya, and the U.S. are among the top-ranking countries by cryptocurrency adoption, according to the 2020 Global Crypto Adoption Index compiled by blockchain data analytics firm Chainalysis. Countries With Highest Crypto Adoption Chainalysis’ 2020 Global Crypto Adoption Index, released Tuesday, ranks 154 countries based on their cryptocurrency adoption. “The … Read more

Argentina Government Refuses to Pay $4M Bitcoin Ransom to Hackers Who Paralyzed Its Borders

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The government of Argentina has reportedly refused to pay a $4 million bitcoin ransom demanded by hackers who hijacked the country’s immigration systems, temporarily crippling cross-border movements. On Aug. 27, the cybercriminals – now identified as a group calling itself Netwalker – hacked Argentina’s immigration agency, Dirección Nacional de Migraciones, in an attack that halted … Read more

Noncustodial Bitcoin Cash Client Zapit Demos In-Wallet SLP Dividends Tool

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During the last week, Bitcoin Cash proponents have been discussing Zapit, the noncustodial BCH wallet that also supports Simple Ledger Protocol (SLP) tokens. Zapit’s team recently revealed on Twitter that developers have been working with a new dividends tool built into the mobile wallet. Zapit is a bitcoin cash (BCH) wallet that was released on … Read more

Jim Rogers Predicts End of Dollar Dominance as US-China Tensions Escalate

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Renowned investor Jim Rogers believes that the U.S. dollar dominance is coming to an end as the tensions between the U.S. and China mount. The growing national debt, the protests, the political uncertainty surrounding the presidential election, and countries seeking a USD alternative in fear of sanctions will take a toll on the dollar, he … Read more

Latin Americans Turn to Bitcoin as Local Fiat Currencies Plunge

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Latin Americans have embraced cryptocurrency as a store of value while their fiat currencies depreciate, a new report shows. Bitcoin adoption in the region is further driven by the lack of banking access and remittance needs. Latin American Bitcoin Adoption Blockchain data analytics firm Chainalysis released a new study of cryptocurrency usage in Latin American … Read more

Cryptocurrencies Now Accepted for 15,000 Restaurants in France on Just Eat

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Food orders from over 15,000 restaurants in France can now be paid with bitcoin and a number of other cryptocurrencies through a major online food ordering website, Just Eat. Just Eat Accepts Cryptocurrencies for Restaurants in France Online food ordering platform Just Eat has begun accepting cryptocurrencies for over 15,000 restaurants in France. The Just … Read more

Crypto Volumes Surge in August: Binance Largest Spot Exchange as Huobi Leads Derivatives

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The latest report by Cryptocompare shows August spot cryptocurrency traded volumes by the 15 largest top-tier exchanges increased by 58.3% to $529 billion versus July figures. Low tier exchanges volumes, on the other hand, increased by 30.2% to end the month of August with a total of $291 billion. Binance leads the top tier list … Read more

$700 Million Worth of Synthetic Bitcoin Is Circulating on the Ethereum Blockchain

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According to onchain data, there’s now 69,836 synthetic bitcoin tokens (over $700 million) circulating on the Ethereum blockchain. Out of the six synthetic bitcoin token projects, wrapped bitcoin (WBTC) commands the largest number of coins with over 63% and 44,622 WBTC. Synthetic bitcoin (BTC) has grown massively in recent weeks and since news.Bitcoin.com’s last report … Read more

Whale Watch: 68 New Whales Join ETH Network, BTC Holds Lowest Concentration of Whales

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Onchain data shows that during the market carnage this past weekend the number of ethereum whales increased significantly, while ETH prices dropped by 30%. Analytics from the data firm Santiment shows 68 new whales joined the network during the last three days. During the last three days, cryptocurrency prices dropped considerably but ethereum (ETH) and … Read more

Opium‌ ‌Protocol Allows Traders to Hedge or Bet Against the Stablecoin Tether’s Solvency

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Cryptocurrency traders can now protect their tether tokens or bet against the solvency of the stablecoin by leveraging a new crypto derivatives product from the Opium Protocol. Opium founder, Andrey Belyakov, claims the product is the “first CDS (credit default swap) on a centralized stablecoin.” The stablecoin tether (USDT) is the most popular dollar-pegged token … Read more

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