Press release

Signal Farm

Both NXT And Algorand Claim To Have Developed First Proof-of-Stake Chain
Cryptocurrency Algorand (ALGO) claims in its promotional materials to be the first proof-of-stake, or PoS, blockchain, but NXT lead developer Lior Yaffe claimed that his project was first. In a June 3 tweet, Yaffe accused Algorand s of misleading the cryptocurrency community for marketing purposes, by falsely claiming to be the first PoS blockchain. He wrote: "The algorand marketing machine has misleadingly crowned themselves as the First Pure Proof of Stake Blockchain. A bold statement considering that NXT is the first project to introduce a working PoS blockchain after Peercoin pioneered a hybrid PoW one."
CoinNess Market Surveillance June 4: BTC Rises Above The $9800 Level
As of 18:00 (UTC) on June 4, the global price index of Bitcoin (BTC) has been trading above the $9,800 level. At present, the coin marks $9,826.78 with an increase of 2.37% in the past 24 hours. The Bullish vs. Bearish Indicator shows our four-hour technical bias on BTC is "Buy" with three indicators sending out selling signals, two showing neutral signals, and 13 indicating buying signals. The broad market is overall bullish, with 77 out of Top 100 cryptos by market cap rising. The global market cap reads $277.74 billion, and the 24-hour trading volume is $89.32 billion. Major Coins 1. BTC quotes show 9,849.40 USDT on Binance, $9,853.60 on Bitfinex, $9,856.88 on Coinbase Pro and 9,853.65 USDT on; 2. Market Index presents quotes for major cryptocurrencies besides BTC as following: ETH marks $244.17 (+1.60%); XRP marks $0.2045 (+0.47%); BCH marks $257.14 (+2.61%); LTC marks $47.75 (+0.92%); EOS marks $2.73 (+1.34%); ETC marks $6.96 (+0.56%). Top 3 Gainers and Losers in Cryptocurrencies 1. Top 3 gainers among Top 100 cryptocurrencies by market cap: HEDG (+19.51%), DCR (+15.48%), and LRC (+14.50%); 2. Top 3 losers among Top 100 cryptocurrencies by market cap: MAID (-6.74%), ZIL (-4.16%), and VET (-3.46%). Cap Flows of Coins/Exchanges 1. Top 3 capital inflows within the last 24 hours: BTC (+278.82 mln), ETH (+$53.13 mln), and BCH (+$16.70 mln); 2. Top 3 capital outflows within the last 24 hours: BUSD (-$4.29 mln), HDAO (-$4.24 mln), and ADA (-$4.12 mln); 3. Net inflows/outflows of exchanges: Binance (-$0.67 mln), Bitfinex (+$6.80 mln), and Coinbase Pro (+$23.55 mln).
Bloomberg: Only A Matter Of Time Before Tether Overtakes Ether As 2nd Crypto
A report from Bloomberg that provides a crypto market outlook for June says that it expects Tether (USDT) to surpass Ethereum (ETH) in market capitalization. The report notes the growth of Tether s market capitalization as one of the main drivers for the appreciation of Bitcoin (BTC): "Interest in digital links to the dollar represents the need to transact and store value in the world s reserve currency without an intermediary."
Ransomware Strikes Three US Universities
A ransomware gang claims to have successfully attacked three universities within the last seven days. They say that their latest attack was against the University of California San Francisco, or UCSF, on June 3. Cointelegraph had access to the evidence published by NetWalker, a group of hackers, on their official dark web blog. In this blog, they claimed to have stolen sensitive data, including student names, social security numbers, and financial information. NetWalker threatened to leak the data in less than a week if crypto payment in Bitcoin (BTC) is not made. The information is from Michigan State, Columbia College of Chicago, and UCSF.
Crypto Exchange OKEx Launches Ether Options, EOS Options To Follow
Cryptocurrency exchange OKEx announced the launch of Ether (ETH) options contracts on its trading platform. According to a June 4 announcement, following today s launch of ETH options, OKEx will also launch EOS options contracts on June 18. The firm also announced that it placed 1,000 ETH in the ETH Options insurance fund to prevent clawback.
BTC Just Surged To 9851.02 USDT On, now falling down to 9778.06 USDT (+2.36%)
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India Is Trading More Bitcoin Now Than Ever
Over the past month, data from analytics site Useful Tulips indicates that more Bitcoin has changed hands on local, peer-to-peer exchanges in India than ever before. What s more, relative newcomer Paxful has recently overtaken LocalBitcoins as the exchange of choice in India. Bitcoin trading on Paxful within India surged to $1.48 million on May 10, while competing exchange LocalBitcoins saw more than $1.25 million in BTC traded. The combined total, roughly $2.7 million, comes close to matching the all-time high of $2.9 million in December 2017. Despite the spike in late December, however, the growth in BTC volume on P2P exchanges in May is so far unmatched, as data from Useful Tulips demonstrates a clear upward trend.
Bitfinex and Tether Reject Baseless Lawsuit Filed Against Them
Bitfinex and Tether have denied all allegations featured in an amended class action lawsuit filed against their parent company, iFinex Inc, according to a blog post published on June 3 by Bitfinex. The updated lawsuit, filed on June 3 in the Southern District of New York, accuses Bitfinex, Tether, Poloniex and affiliated firms of allegedly manipulating the crypto market. The initial lawsuit was filed in October 2019. Addressing the "baseless" lawsuit, Bitfinex General Counsel Stuart Hoegner said: "Even after taking three full months to amend their complaint, the plaintiffs allegations remain untethered to either the facts or the law. They conflate perceived correlation with causation in an effort to prop up theories that are untrue and unsupportable."
BitMEX Gives $100000 Grant To Another Bitcoin Core Developer
Bitcoin derivatives exchange BitMEX today announced a $100,000 grant to the Bitcoin Core researcher and contributor, Gleb Naumenko. The developer grant will be provided by HDR Global Trading Limited, the company that owns BitMEX. The money will fund development of the Bitcoin protocol. All work generated must be open source, relate to Bitcoin development, and must not harm the reputation of Bitcoin or HDR Global Trading Limited, according to a contract.
BTC Topped List Of Crypto Net Outflows With $23.78 Million In Past 10 Hours
Monitored by, from 00:00 to 10:00 (UTC) on June 4, BTC registered a net outflow of $23.78 million in the past 10 hours. 1. The Top 3 net cap inflows in the crypto market are: ADA (+$3.74 mln), LTC (+$3.10 mln), and EOS (+$2.21 mln); 2. The Top 3 net cap outflows in the crypto market are: BTC (-$23.78 mln), ETH (-$18.18 mln), and LINK (-$1.97 mln). For more alerts on real-time market changes, add your portfolio at "Watch List" to enable the Intelligent Market Monitor, seizing more investment opportunities.
SZSE s Blockchain 50 Index Closes Down 0.44%
According to the latest statistics of China s A-Shares closing position, Shanghai Stock Exchange Composite Index (SHCOMP) closed at 2,919.25 (-0.14%); Shenzhen Stock Exchange s (SZSE) Component Index closed at 11,139.26 (+0.28%); Shenzhen Stock Exchange s (SZSE) Blockchain 50 Index closed at 3,321.16 (-0.44%); The digital currency index of Straight Flush closed down 1.35%.
Bittrex And Poloniex Targeted In Class-Action Crypto Manipulation Suit
The plaintiffs behind a class-action alleging that Bittrex and Tether drove the 2017 bull run through market manipulation have requested the issuance of summons to exchanges Bittrex and Poloniex. The lawsuit, first filed in October 2019, alleges that veteran cryptocurrency exchange Bitfinex and its sister company Tether inflated the supply of Tether’s USDT stablecoin without proper US dollar backing to drive up crypto prices during 2017’s all-time high. The suit is on behalf of investors who purchased crypto assets at what they believe are artificially inflated prices. The Plaintiffs have requested that the Court award reasonable costs of suit, pre- and post-judgment interest, and reasonable attorneys’ fees.
‘No Message Was Signed’: Craig Wright Refutes Tulip Trust Fabrication
Craig Wright maintains that he alone has access to the ‘Satoshi’ Bitcoin addresses filed in court, despite a message apparently signed by 145 of the addresses calling him “a liar and a fraud”. Wright says anyone that thinks his credibility is now in tatters as a result “doesn’t understand digital signatures at all”. He is being sued by the estate of his alleged former business partner Dave Kleiman, which is seeking a share of billions of dollars of Bitcoin (BTC) the pair may or may not have mined together.
Tokenview: 30% Of ETH Transaction Fees Related To ERC-20 USDT
Citing data by Tokenview, the past 30 days saw 5.80 million USDT transactions on the Ethereum network, 900,200 on the TRON network, and 290,200 on the OMNI network. In the past seven days, daily average ERC20-USDT transaction fees reached 448.05 ETH, taking up 25% to 30% of daily ETH transaction fees.
Boboo Announces The Launch Of BOX
According to the official announcement, will support the deposit service for BOX at 07:00 UTC on June 4th and enable the BOX/USDT trading pair as well as the withdrawal service at 06:00 UTC on June 5th. ContentBox is a public blockchain, dedicated to building a token economics-based ecosystem where users, content creators, partner developers and ads agents the digital content industry share resources. is a leading digital financial platform in the world with a focus on providing bank-level security for global users’ assets using the world’s top security technologies. Since its founding six months ago, it has seen the number of its users exceed 300,000 covering over 80 countries and areas worldwide.
Japan Financial Regulator: Crypto Advisory Businesses Must Be Registered By Law
It is illegal to offer crypto suggestions without registering as a “financial tools and trading business,” Japan’s Financial Services Agency (FSA) warned on June 3, 2020. According to FSA, companies involving in such businesses are required to add labels of crypto assets and show details of associated services. The announcement is based on the amendments to the Payment Services Act (PSA) and the Financial Instruments and Exchange Act (FIEA) that went into effect on May 1.
Hyperledger Besu v1.4.6-RC2 Released
Hyperledger Besu v1.4.6-RC2 was released, containing a critical patch fixing recent network syncing issues, according to the official Twitter handle of Ethereum Classic.
20 Mln USDT Moved From Tether Treasury To Binance
Citing Whale Alert, 20,000,000 USDT ($20,045,192 USD) were transferred from Tether Treasury to Binance at 00:24:03 UTC on May 29. The hash is 1970b8469857cc44f5663d690d0ff80220ebb73ee418a7016c04e4ddc0173e49.
ETH Breaks Above 220 USDT
Citing data from, ETH rose above the 220 USDT level. Currently, the coin marks 221.36 USDT. For more alerts on real-time market changes, add your portfolio at "Watch List" to enable the Intelligent Market Monitor, seizing more investment opportunities.
BTC Shortly Rises To 9600 USDT On has observed that BTC just rose to 9,600 USDT, reaching 9,603.04 USDT. The coin marks 9,577.42 USDT on currently. For more alerts on real-time market changes, add your portfolio at "Watch List" to enable the Intelligent Market Monitor, seizing more investment opportunities.