The Crypto Industry’s ‘Bloody Friday’ Lawsuits: Do They Hold Weight?

On April 3, a massive deployment of lawsuits were filed against major crypto industry players across the globe. The eleven lawsuits were filed in the United States District Court for the Southern District of New York in what is being called “Bloody Friday” for the industry. These lawsuits are class action in nature. For those […]

Nestlé, Tesla Testing Blockchain Solutions + More News

Tesla Cybertruck. Source: Adobe/Mike Mareen Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain news Nestlé has expanded the use of the IBM Food Trust blockchain technology platform to its Zoégas coffee brand, said the major food company. Through […]

Uncertainty Looms in Markets as Investors Question This Rally

Source: Adobe/duncanandison Despite a significant rally in the price of both bitcoin and other major cryptoassets since the market crash on March 12, uncertainty still looms in both the crypto market and the broader financial market about the impact of COVID-19 and the economic downturn that comes with it. Although the US stock markets have […]

Paxful Launches Bitcoin/Gold Trading to Meet ‘Surprisingly High’ Demand

Source: Adobe/Max Peer-to-peer (P2P) crypto marketplace Paxful now offers gold buying and selling options on its platform, supporting trade between gold and bitcoin (BTC). Paxful said that there’s a customer demand which they decided to satisfy, as they claim to be the first bitcoin-backed P2P marketplace to introduce the option for users to buy and […]

‘Rich Dad’ Robert Kiyosaki To Reinvest Stimulus Money in Bitcoin, Gold, Silver

Robert Kiyosaki. Source: a video screenshot, Youtube/The Rich Dad Channel People should get economic education outside universities, and invest in silver, gold, and bitcoin (BTC), according to American businessman and author of a best-selling personal finance book Rich Dad Poor Dad, Robert Kiyosaki. Bailouts are communism, he said, but he’ll take the money the government […]

How Can You Tell if a Cryptocurrency Is a Scam?

If you’ve been around in the cryptocurrency space for a while, then chances are you’ll have come across your fair share of crypto scams. Projects likeBitconnect, OneCoin, and CentraTech have become notorious for their role in duping unsuspecting investors into handing over money for little more than smoke and mirrors. But how can you tell […]

Bitcoin Cash Miners Changing Camps Ahead of Its First Halving on Wednesday

Source: Adobe/Song_about_summer The fifth-largest crypto network by market capitalization, Bitcoin Cash (BCH), is halving its mining rewards tomorrow for the first time while the network is seeing a drop in hashrate ahead of the event. The halving will likely lead some BCH miners to switch over to Bitcoin (BTC), but this may be a temporary […]

Ethereum Leaves Bitcoin in the Dust This Week as Whales Accumulate

Source: Adobe/VIAR PRO studio Ethereum (ETH), the second most valuable digital asset by market capitalization, has seen a wave of buying over the past 24 hours and past seven days, leaving bitcoin (BTC) in the dust behind it. As of press time on Tuesday (11:55 UTC), ethereum was up by more than 13% over the […]

Healthcare Gets a Dose of Open-Source, But Will It Cure Coronavirus?

The crypto and open-source community have been working hard to stamp out the spread of Coronavirus. These healthcare efforts have been manifested in several initiatives from ethical tracking measures, 3D printing schematics, and crypto-based charity campaigns.  It’s not just the virus they’re fighting either. Projects are racing against both time and other profiteers looking to […]

Politician Challenges Japanese Gov’t on Crypto Tax Rate, Urges Review

Shun Otokita. Sourse: a screenshot, Instagram/otokitashun A Japanese lawmaker has challenged the government on its crypto tax rate policy, claiming that the current rate of taxation on crypto-related profits is “too high” – claiming that “investors are moving their money overseas” rather than pay Japanese taxes. Per a report from media outlet Coin Post, the […]