UK Royal Mint to Provide Custody for New Cryptocurrency

Royal Mint, a government-owned manufacturer of coins in the United Kingdom, will provide crypto custodial services for the first time ever, according to a press release shared with Cointelegraph on July 15. The 1,100 year-old financial institution is participating in the launch of new cryptocurrency temtum (TEM), which is expected to go live on July […]

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China Police Arrest Bitcoin Miners for Stealing Electricity Worth $3m

Police in eastern China have busted a ring of illegal bitcoin miners who stole almost $3 million worth of power to create the advanced money, provoking a neighborhood influence organization to warn agents, specialists said Friday. A decentralized virtual money, bitcoin can be delivered or “mined” by banks of PCs solving complex algorithm. The mining […]

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Below $10K: Bitcoin Price Drops $1.4K in 24 Hours to Hit 2-Week Low

The cryptocurrency markets fell sharply on July 14 after bitcoin (BTC) endured another $1,400 sell-off, denying the bulls a chance to revisit 2019 highs. At 09:00 UTC on July 14, BTC began to shed $1400 from its price tag, dropping below $11,000 and then $10,500 for the first time since July 2. Prices had initially […]

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Fake Cryptocurrency Apps Found on Google Play as Bitcoin’s Price Increases

Cryptocurrencies have recently experienced a phenomenal surge in prices commensurate to that witnessed in late 2017. Everyone is eager to get a piece of the crypto pie. Although mobile apps in the crypto scene have enhanced positive numerous transactions, they have also created an avenue for cybercriminals to scam unsuspecting customers. For the past few […]

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Tether Mistakenly Minted 5 Billion USDT and Immediately Burned Them

Stablecoin operator Tether accidentally minted and subsequently burned 5 billion USDT tokens, Whale Alert tweeted on July 13. Whale Alert — a Twitter account dedicated to reporting large cryptocurrency transactions — noted that 50 million USDT tokens were transferred from cryptocurrency exchange Poloniex to the Tether Treasury via the Omni protocol on the Bitcoin (BTC) […]

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Epic Splashes Fortnite Millions Luring Game Developers to Ditch Steam

Inviting the wrath of diehard Steam fans, Epic Games continues to snap up Epic Store exclusives by throwing millions at developers to coax them away from Valve’s platform. How does a newcomer chip away at such an entrenched market? No competitor has yet to successfully rival Steam’s dominance as the go-to digital storefront for PC […]

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