CryptoKitties’ Flow Blockchain Could Soon Get a Million New Users
Animoca Brands announced today that it will bring its Star Girl and MotoGP games to Flow, the blockchain platform created by CryptoKitties and NBA Top Shot developer Dapper Labs. MotoGP we already knew about, as the officially licensed motorbike racing game will...
DeFi may not be like the ICO boom, but is that a good thing?
Cameron Winklevoss and Tone Vays disagree on the quality of the DeFi space within the context of previous blockchain booms and busts. The crypto industry has boasted tremendous growth over the past year, largely thanks to the decentralized finance, or DeFi, boom. Some...
YAM Finally Finds Fertile Ground After Successful Rebase
Yam Finance’s first successful monetary exercise yesterday marks a new start to DeFi’s original food-based token. YAM: The emoji that drew $400M in less than a day YAM is an experiment in rebasing cryptocurrencies, plus token incentives (aka yield farming) to drive...
Bitcoin-related ads are now streaming on Disney+ in some regions thanks to Zebpay
“Learn about simple, secure Bitcoin,” the ads state. Crypto exchange Zebpay has launched a campaign with ads featuring Bitcoin during the Indian Premier League cricket games.As reported by Twitter user Mohit Rai Sharma, ads for Zebpay appeared on Indian streaming...
Market Wrap: Bitcoin Clings to $10.4K; Ether in Smart Contracts Highest Since 2016
Bitcoin price holds steady while ether in smart contracts reach a level not seen in four years. Source: coindesk
Emin Gun Sirer’s $42 million blockchain for DeFi scaling has launched
The platform's native asset began trading OKEx, Binance, and elsewhere shortly thereafter. Avalanche, a blockchain offering scalability to the world of decentralized finance took its mainnet live on Sept. 21. "From Snowflake to Avalanche, the decentralized platform...
0x, Kraken and Stellar Awarded Board Seats at Top Crypto Lobbying Association
The new board members represent decentralized finance and institutional crypto alike. Source: coindesk
‘Violence’ and ‘Unpredictability’ of Crypto Proving Alluring to Forex Vets
Dramatic price swings and lucrative arbitrage opportunities appear to be attracting former forex traders to cryptocurrency. Some describe the still-young market as being similar to foreign exchange markets of the 1990s. This year has seen no shortage of alluring price...
Marty Bent on Why Bitcoin and Big Energy Are Unlikely Allies
Bitcoin mining can help big energy companies produce more efficiently, increasing American energy independence in the process. Source: coindesk
US Law Enforcement Seizes $1.6M in Crypto From Darknet Narcotics Vendors
United States law enforcement has disrupted another darknet drug trafficking ring, recovering illegal narcotics, firearms, and millions of dollars in crypto and cash. Cryptocurrencies remain a popular payment method on the dark web for illicit drugs and other...
Police Seize Millions in Crypto, Cash and Drugs in Darknet Bust
The US Department of Justice announced the results of a darknet market bust. So far, law enforcement have arrested 179 people and seized $6.5 million in crypto and cash, 500 kilograms of drugs and 63 firearms. In Operation DisrupTor (a play on words; Tor is a...
Supply of Tokenized Bitcoin on Ethereum Now Tops $1.1 B: Here’s Why
The supply of BitGo’s wrapped bitcoins (WBTC) topped 76,000 after setting an all-time record of nearly 21,000 WBTC minted within one week. Here’s why. Source: coindesk
Here’s Why a Meme Coin Soared During a Market Sell-Off
It was a sea of red in the market yesterday. But while Ether slid by almost 10% and all DeFi tokens plunged even deeper, one project astonished the crypto world accelerating the 10x increase it had seen in the last seven days: $MEME A ticker most would pass off as a...
Cameron Winklevoss: ‘DeFi Is Not the Same as the 2017 ICO Craze’
You don’t have to be around the cryptocurrency space long to know that DeFi is all the rage. And despite its reputation as the Wild West of crypto, bitcoin billionaire Cameron Winklevoss is coming to DeFi’s defense. Decentralized finance, or DeFi as it’s known, is a...
Crooked police chief sentenced to 8 years for dark web shenanigans
The charges are reminiscent of events that took place during the "Silk Road" saga. Former police chief Yuri Zaitsev was recently sentenced to eight years in prison for acting as a bounty hunter for a dark web marketplace. In December 2018, Zaitsev was working as the...
SEC v. Telegram: Part 2 — The case against integrating the two prongs of a SAFT
Addressing the legitimacy of collapsing the sale of contractual rights with the eventual release of crypto assets. As discussed in the previous article, Telegram is a popular global instant messaging company. In 2018, it sold contractual rights to acquire a new crypto...
The Currency Cold War: Four Scenarios
Stablecoins. Bitcoin. Libra. China's DCEP. Digital $. By 2030, there could be dozens of competing currencies. How will the money wars play out? Source: coindesk
Bitcoin Traders Say Options Market Understates Likelihood of Chaotic US Election
Analysts warn against reading too much into the complacency suggested by the volatility metrics. Source: coindesk
Bloomberg Intelligence Analyst Calls Bitcoin a Standout Asset
Mike McGlone, senior commodity strategist at Bloomberg, examined Bitcoin’s potential upside on Twitter today. He described Bitcoin as a standout fixed-supply asset that is set to be a primary beneficiary of equity and bond prices. McGlone has previously spoken about...
New Blockchain Solution To Cut Data Management Costs By 90%
The Investing and Saving Alliance (TISA) has announced that it is developing a blockchain-based utility for the asset management industry. The new solution known as TISA Universal Reporting Network (TURN) is projected to reduce data management costs by 80% to 90% in...
S. Korea’s Major Crypto Exchange Bithumb Up for Sale Again, Report
The owners of Bithumb are reportedly looking to sell the cryptocurrency exchange once again. The asking price is believed to be at least 500 billion won (around $430 million). Bithumb was last up for sale in 2018. However, the interested buyer at the time cancelled...
Institutional investors plan to buy every Bitcoin price dip, data suggests
New survey data shows institutional investors intend to increase their Bitcoin allocations regardless of short term dips in BTC price. A new survey commissioned by crypto asset insurance company, Evertas, a cryptocurrency insurance firm, found that institutional...
Bitcoin price hits $11,100 wall and drops 6% — Relief rally to follow?
The price of Bitcoin rejected the $11,100 resistance level with a steep 6% drop. Analysts tell Cointelegraph what will likely happen next. The price of Bitcoin (BTC) brutally rejected the $11,100–$11,300 resistance range with a 6% drop. Following the steep pullback,...
Crypto.com reverses ‘illegitimate trades’ amid prolonged downtime for the exchange
Some customers appear to have exploited the exchange’s database issues for person gain. A database issue has led to prolonged downtime for the Crypto.com exchange. According to a series of tweets published by platform’s CEO, Kris Marszalek, the exact cause of these...
Blockchain Bites: OCC’s Stablecoin Guidance, EU’s Digital Euro Plans, Chamath’s Bitcoin
The OCC published guidance allowing U.S. banks to work with stablecoin issuers. Meanwhile, the ECB thinks the term stablecoin can be "misleading." Source: coindesk
Tron Decreases By More Than 50% — Will It Rebound?
The TRON (TRX) price has lost 54% of its value since it reached a high on Sept. 3. However, the price is approaching an important support level which could initiate a bounce. Return To Support The TRX price has been decreasing since it reached a high of $0.049 on...
Meet Turkey’s ‘unexpected winners’ of Uniswap’s UNI giveaway
Uniswap’s UNI token distribution paid nearly half of the tuition for students who attended one “Crypto 101” course. Students enrolled in the class “Introduction to Cryptocurrencies” at Turkey’s Kadir Has University were the unexpected winners of Uniswap’s UNI token...
Startup Behind Siacoin Storage Platform Raises $3M, Rebrands as Skynet Labs
Skynet Labs has raised a $3 million funding round led by Paradigm, aiming to offer developers decentralized storage solutions for all types of applications. Source: coindesk
Bitcoin News Roundup for Sept. 22, 2020
With bitcoin at risk of falling to four figures and new guidance from the OCC, CoinDesk’s Markets Daily is back for your latest crypto news roundup! Source: coindesk
Bitcoin-on-Ethereum Token tBTC Relaunches Following Buggy Debut in May
TBTC, a decentralized way to copy bitcoin (BTC) over to Ethereum, is relaunching today after a smart-contract bug sunk the project in May. Source: coindesk
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