Monero-Style Privacy Is Ready for Ethereum – Who Will Implement It?
A new white paper contends that monero-style privacy can be implemented on ethereum without much work.
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First Mover: Dull Bitcoin Halving Salvaged by Satoshi Tribute in Block 629,999
May 12, 2020 at 11:55 UTCUpdated May 12, 2020 at 12:41 UTCFirst Mover: Dull Bitcoin Halving Salvaged by Satoshi Tribute in Block 629,999Bitcoin's halving, the subject of amped-up buzz, hype and speculation since late 2019, proved anticlimactic on Monday as prices slid for a third straight day and the blockchain network slowed to a crawl.Industry executives on a…

Litecoin Led Bitcoin’s Price Rally, Now It’s Hinting at a Pullback
news View Bitcoin could fall back to $5,000 in the next few days, as litecoin – which guided markets higher in the first quarter – is showing signs of weakness. Bitcoin’s long/short ratio has dropped well below 1.00 for the first time since Jan.1, signaling growing bearish sentiment. Further, the 14-day relative strength index is…

Fed Should Cut Interest Rate as Restrictive Stance Adds to Inflation, Democrats Say
Now is the time to cut rates, three Democrat senators said in a letter to the Fed on Monday.The Fed should move away from its 2% inflation target, the letter added.The Federal Reserve (Fed) has kept the interest rate too high for too long and it's time for a cut, three Democrat senators said Monday

Hong Kong Now Considering Spot Crypto ETFs for Retail Investors: Bloomberg
Hong Kong’s securities regulator, the Securities and Futures Commission (SFC), is moving towards allowing retail investors to buy spot crypto Exchange Traded Funds (ETFs).“We welcome proposals using innovative technology that boosts efficiency and customer experience,” SFC Chief Executive Officer Julia Leung is quoted by Bloomberg as saying. “We’re happy to give it a try as

First Mover Americas: SEC-Targeted Tokens Tumble
This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Major cryptocurrencies targeted as unregistered securities in U.S. Securities and Exchange Commission (SEC) lawsuits against Binance and Coinbase continued their sharp declines. BNB, the Binance Smart Chain’s native…

‘High-Risk’ Crypto Loans Surge to a Two-Year High of $55M
The total amount of crypto-collateralized loans within 5% of their liquidation price is at its highest in over two years, according to IntoTheBlock. The surge in the so-called high-risk loans indicates potential liquidation cascades and market volatility ahead. The decentralized lending market is booming, with "high-risk" loans surging to over two-year highs, sparking concerns of

Marathon’s Layer-2 Chain, Anduro, Plugs In ‘Portal to Bitcoin’ for Atomic Swaps
Portal uses Bitcoin layer-2 network Lightning to allow users to convert assets like ETH into BTC by the use of atomic swaps.As well as introducing greater utility to Bitcoin, Anduro may present an opportunity for further revenue streams for miners, hence Marathon's involvement.Anduro, a multi-chain layer-2 network incubated by bitcoin miner Marathon Digital Holdings (MARA)

CZ’s Guilty Plea Accepted by Judge, Has Yet to Decide If Binance Founder Can Go Home
A federal judge accepted Binance founder Changpeng "CZ" Zhao's guilty plea to one count of violating the Bank Secrecy Act, but has not yet weighed in on whether Zhao can go back to the United Arab Emirates before he is sentenced in February.Federal Judge Richard Jones, of the U.S. District Court for the Western District