CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, BITCOIN CASH News, KuCoin News

CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, BITCOIN CASH News, KuCoin News
Bitcoin hits $ 16,000, fixes new 2020 high
The world’s largest cryptocurrency has soared to a new 2020 high of $ 16,000 on the Gemini exchange.

Bitcoin, the flagship cryptocurrency, has hit a new annual high of $ 16,000 on the Gemini exchange. It is currently up more than four percent in the past 24 hours.

Crucial Ethereum Service Infura Undergoes Major Disruption
Infura, the Ethereum infrastructure provider, is currently experiencing a service outage that has affected many companies using the service.

Ethereum infrastructure provider, Infura, faced a service outage. Infura launches Ethereum Nodes on behalf of projects and companies in the Ethereum ecosystem. Without it, these projects cannot see what is happening on the Ethereum blockchain.
These problems with Ethereum have led several crypto exchanges, including Binance, to suspend the withdrawal of Ethereum and ERC-20 tokens.

Chinese banking giant issues $ 3 billion bonds that can be bought with bitcoins
China Construction Bank said investors will be able to buy debt securities with Bitcoin or US dollars.

The world’s second largest bank unveiled plans for the first time in the world to raise $ 3 billion by selling blockchain-based bonds.
CCB says both “retail and seasoned investors” will have direct access to the sale with a minimum investment of $ 100.

LiquidStake Unlocks Liquidity For Ethereum 2.0 Phase 0 Stakers
As the Ethereum 2.0 launch date approaches, an important issue of the betting mechanism begins to be discussed in the community.

Potential Ethereum 2.0 Phase 0 contributors will not be able to withdraw or transfer their stake until Phase 1 is launched, which could take years. Before this difficult choice, Darma Capital is one of several companies planning to offer proxy betting that will allow users to access their capital.

Ethereum founder estimates 25% yield, but ETH 2.0 rate is sluggish
Ethereum 2.0 betting is slowly gaining momentum.

While the clock is ticking ahead of the highly anticipated Beacon Chain launch, the initial bet is pretty much underwhelming. According to ETH 2.0 Launchpad, just under 58,000 ETH were placed in the first week. This is just 11% of the threshold required to trigger a Genesis event.

Listed company sells $ 14 million worth of shares for 1 EH / s in bitcoin mining capacity
Bit Digital has signed agreements with foreign investors to issue shares worth $ 13.9 million.

Bit Digital, a company listed on the Nasdaq Bitcoin mining exchange, has announced that it will issue $ 13.9 million in shares in exchange for mining hardware.
According to the November 11 announcement, Bit Digital has signed asset purchase agreements with non-US investors to issue shares worth $ 3.20 each in exchange for bitcoin miners that boast a combined hash power of 1,000 petahesh per second.

Bitcoin hash rate recovers as Asian miners bring machines back online
Bitcoin hashrate jumped 30% from quarterly lows on November 2 as miners brought ASIC machines back online.

A “large percentage” of all machines shut down by the end of October are back online, Alejandro De La Torre, vice president of Poolin, said in a live update on November 11. “Of course there are some that could take longer,” he added, but most of the resettlement process – usually a short two-week period – has been completed.

1.5 Million Bitcoin Cash Deposited On Exchanges As Looms
Since the beginning of the month, BCH holders have placed over $ 300 million worth of coins on exchanges.

Bitcoin Cash hodlers are struggling to bring their coins to exchanges ahead of the hard fork expected on November 15.
According to Chainalysis, around $ 140 million in BCH came to exchanges in just the last week, bringing the total for November to $ 300 million. Since the beginning of the month, more than 1.56 million BCH have been transferred to exchanges.

KuCoin “returned 84% of hacked funds”
KuCoin co-founder Johnny Liu revealed that 84% of the hacked funds were recovered.

So far, 84% of the affected assets have been recovered through approaches such as online tracking, contract renewals, and litigation recovery.
Liu also added that the exchange has resumed full service for 176 tokens, with the rest “scheduled to reopen by November 22nd.”

SEC raised $ 1.26 billion from unregistered ICOs in 2020
In a record year, the SEC confiscated $ 4.68 billion, more than a quarter of which came from cryptocurrency-related firms.

The US Securities and Exchange Commission’s Enforcement Division has collected more than $ 4.68 billion in illegal income and fines this year, with more than a quarter coming from the ill-fated Telegram sale of Gram tokens alone.
A total of about $ 1.26 billion was transferred to the SEC in an unregistered IPO.
SEC raised $ 1.26 billion

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