Cryptocurrency News

A new trading card game is challenging the supremacy of the iconic Magic: The Gathering. The Black Lotus card from the Magic still remains the most prized card in the collectible card gaming arena, an early version of which sold for a record $87,000 in July this year.

BitTorrent has seen an exodus of employees after Justin Sun, founder of the controversial Tron (TRX) Foundation, acquired the well-known peer-to-peer networking platform in June this year. Among them is the inventor of the project, Bram Cohen.

Seven Stars Cloud Group, which is a blockchain and AI technology company, has managed to score a major deal that would help it raise at least $24 billion. The amount will reportedly be used in funding wide-range electric bus upgrades for China’s biggest full-service operator.

Earlier this month, an American investor by the name of Michael Terpin filed a lawsuit (worth $224 million) against AT&T. He believes that the telecom colossus is responsible for providing hackers with access to his own phone number. Because of this, he allegedly became a victim of a major crypto heist.

In the latest cryptocurrency news, Pornhub’s subsidiary Tube8 is looking to incorporate digital assets into its services. Also an adult video service, the site plans to reward viewers for interacting with its services. This became possible through its partnership with VIT or Vice Industry Token.

CME Group partner, the UK-based futures exchange, Crypto Facilities announced on Friday, August 17, that it is adding Bitcoin Cash (BCH) futures product to its list of offerings. The firm’s platform is already regulated by the UK Financial Conduct Authority and is launching trading in Bitcoin Cash futures at 4pm GMT.

According to mainstream media reports, a Bitcoin based ETN (exchange traded note), which is listed on the NASDAQ Stockholm exchange in Switzerland, is now targeting US investors.

American cryptocurrency investor and entrepreneur Michael Terpin is suing telecommunications giant AT&T for a sum of $224 million. Terpin has accused the telecom company of fraud as well as gross negligence because of which he lost $24 million worth of cryptocurrency.

A new code is being released that will help users nullify the ASIC hardware created by Bitmain to mine the decentralized storage platform Siacoin. According to an email sent by Obelisk, a startup that is offering alternative mining hardware to Bitmain’s ASICs, this new coding would allow users of Siacoin’s software to make the Bitmain miners incompatible with their machines.

According to the latest mainstream media reports, the Turkish Lira (TRY) is now more volatile than Bitcoin. In the last ten days, the price swings shown by the currency to the Dollar now are more extreme that those shown by Bitcoin.