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BitNewsBot Team

BitNewsBot.com publishes the latest news and around bitcoin, blockchain, altcoins, ICO's and FinTech, from all around the world.

German central bank comes out in favor of Facebook’s Libra

The president of Germany’s central bank, Bundesbank, has urged his G7 counterparts not to prematurely condemn Facebook’s Libra, the digital currency and alternate financial...

Ycash, the Zcash “friendly fork” suffers 60 percent drop in value

Ycash, the “friendly fork” of privacy coin Zcash suffered a 60 percent price drop almost immediately after launch.  The coin, which was forked from...

Ripple expands into Asia via South Korean payment company

A South Korean payments company responsible for billions of dollars’ worth of transactions has announced a partnership with a key Ripple ally.  Moneygram, a...

MakerDAO holdings spike via new user-friendly gateway

DeFi applications MakerDAO and Compound have seen dollar-value held on their platforms increase one-hundred fold in just over a week, courtesy of an app...

Facebook Libra hearings may give bitcoin ‘much-needed political momentum’

Congress is going crypto.Lawmakers from the U.S. Senate and House of Representatives heard testimony this week regarding Facebook's Libra project in the interest of...

Reducing bitcoin’s supply: 550 BTC now locked up as WBTC

More than 550 bitcoin ($5.8 million) has now been locked up in an Ethereum-based protocol, called wrapped bitcoin. Wrapped bitcoin is a token on...

How traders flouted BitMEX’s US trading ban 

Derivatives exchange BitMEX is under investigation for allowing US based traders to use its platform, according to Bloomberg, which cited anonymous sources. But this...

A Chinese “Internet Court” sanctifies Bitcoin as a virtual asset

Bitcoin quietly made its way through one of China’s new, so-called “Internet Courts” this week, which ruled that the digital currency enjoys a legal...

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