Hey everyone! Today's newsletter: A reminder: If you subscribe to our premium content, you'll receive Inside Cryptocurrency ad-free five days a week, along with features like our daily Masterclass, interviews with crypto experts, and the latest studies and reports on crypto. Right now, we're offering 50% off of our monthly plan (only a few slots left!) if you use the promo code Crypto50. Click here to upgrade to premium! Best, | |  Rebecca |  | | |
Market Watch Market prices have recovered slightly during Thursday trading. The biggest mover, however, is lesser-known altcoin HedgeTrade, which has jumped nearly 30% in value in 24 hours. | Bitcoin | $9,560 | +0.02% | | Ethereum | $240 | +0.76% | | Tether | $1.00 | +0.12% | | XRP | $0.202 | -0.06% | | Top 100 Winner: HedgeTrade | $2.89 | +29.61% | | Top 100 Loser: MaidSafeCoin | $0.125 | -8.52% | Prices are as of 3:00 p.m. ET
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 A Pablo Picasso painting has been purchased with crypto ... | |
Ripple's Xpring platform has invested around ... | |
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 Throwback Thursday: Bithumb hack On June 19, 2018, South Korean crypto exchange Bithumb was hacked, resulting in the loss of $30 million worth of XRP. At the time, it was reported to be one of the biggest hacks of the year. Responding to the events, Bithumb said its deposit and withdrawal services would be stopped to ensure the security of its platform. Prior to the hack, Bithumb conducted a security enhancement checkup due to an increase in "the number of unauthorized access attempts" on the exchange. At the same time, Bithumb had started moving its users' assets into a cold wallet to a more secure offline environment. After announcing the hack, Bithumb said that it would refund victims using its own reserves.
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Our Crypto Masterclass features a well-known thought leader or expert in the crypto space. Today, I focus on Charles Guillemet, CTO of Ledger, a hardware wallet provider. In an interview, he explains why smartphones won't be completely safe for crypto. "The seed is inside this secure element." | |
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The parent of crypto derivatives exchange BitMEX has awarded a $100,000 grant to Gleb Naumenko. HDR Global Trading Limited will distribute the grant on a monthly basis for over a year to the Bitcoin Core contributor and researcher. According to BitMEX, Naumenko has been working on Bitcoin Core technologies since 2017, with his main focus on security, privacy, and scalability of the peer-to-peer layer. In March, HDR provided a $100,000 grant to Bitcoin Core maintainer Michael Ford. THE BLOCK 
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 A report from Bloomberg suggests that Bitcoin could hit the $28,000 mark again in 2020. In its latest crypto report, Bloomberg suggests that gold and Bitcoin remain their top candidates to advance during the year, which has been fueled by COVID-19 and a shift away from paper money. Turning toward the future value of Bitcoin, Bloomberg are of the view if Bitcoin follows 2016's trend then it will approach the record high of around $20,000 this year. Continuing, it pointed out that last year's high of $14,000 for Bitcoin could translate into double for 2020. BLOOMBERG
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 |  | This newsletter was written and curated by Rebecca Campbell. She has been writing and reporting on various industries for the past 10 years, more specifically tech in the last three. | | | | Editor | Edited by Elizabeth Barr, who creates and consumes at the nexus of media and tech. She ran sections and sites at publications such as the Buffalo News, AOL News and the Huffington Post before becoming a software developer, creating content-discovery products like FitPop and Where the Truck. Elizabeth's all-in on newsletters, covering news and pop culture on the sometimes-funny Mediavore. | |
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