Every week, I will be collecting some news stories / opinion pieces that I have found to be interesting in the crypto world and condensing them down into one easily digestible article. All the article and images are taken from a news source that I like to use and an alternative to CoinTelegram called BeInCrypto.
BeInCrypto is a news website founded in August 2018 that specialises in cryptographic technology, privacy, fintech, and the Internet — among other related topics. The primary goal of the website is to inject transparency into an industry rife with disingenuous reporting, unlabelled sponsored articles, and paid news masquerading as honest journalism. You can visit their website by clicking here or join their new Telegram Trading channel by clicking here. I am also part of that group and like the content they are discussing. So let's get started!
News that the coronavirus had spread to at least two people in the US sent Bitcoin and stocks tumbling. Markets dropped as much as a full percent, and Bitcoin followed suit. Click here to read more.
Since 2019 was the year of Binance IEOs, many were wondering which would be the first to release its own native token in 2020. Harmony (ONE) has officially become the first. Click here to read all the details about the IEO token swap.
It’s recently been revealed that HEX can be stored on a Ledger hardware wallet. The controversial altcoin has often been likened to a Ponzi scheme. Click here to read the full article.
PornHub models will now be able to use the TRX-based U.S. dollar Tether to receive payments. The adult website added numerous new payment methods today in response to earlier PayPal restrictions. Click here to read the full update.
A new report released by blockchain analysis firm, Chainalysis, shows that cryptocurrency exchange hacks in 2019 resulted in a theft of $283 million — a sharp drop from 2018 which saw roughly $875 million stolen. The report also notes that exchanges have strengthened security measures, though some hacking groups have grown more sophisticated as well. Click here to read the full article.
NEM (XEM) cranked 20% on the announcement that it will be partnering with a popular online travel firm. Crypto markets have taken a breather lately, with most altcoins pulling back slightly or continuing their consolidation. The majority are a percent or two in the red as the total cryptocurrency market capitalisation shrunk by $6 billion. Click here to read the full article.
That is my weekly roundup of the interesting news coming from the crypto world. What do you think about the topics / news stories? If you liked the content, please consider following me and tipping the article. Also check out BeInCrypto, where the news articles came from. Until next time!