MEME Token Added to Poloniex, Doubles in Price to $1,600
Today, cryptocurrency exchange Poloniex began listing Meme in its DeFi Innovation Zone. Users can now deposit Meme and trade it for Tether. No joke. Meme, a protocol that allows people to stake MEME tokens in exchange for points that can be traded in for non-fungible...
Brazilian fund manager and Nasdaq to launch world's first Bitcoin ETF
Brazil’s Hashdex is teaming up with Nasdaq to bring the world’s first Bitcoin ETF to the Bermuda Stock Exchange. Regulated Brazilian fund manager Hashdex has inked a deal with Nasdaq to launch the world’s first crypto asset exchange-traded fund (ETF) on the Bermuda...
Uniswap Users Say Uniting Can Strengthen UNI
A group of anonymous Uniswap users are hoping to unionize so they may deal with the automated market maker’s (AMM) governance problems that arose after the launch of its governance token UNI last week - which, according to some, was supposed to solve those very same...
DeFi plummets: 3 reasons for the 46% correction from YFI, UNI, DEX tokens
Ethereum’s correction triggered a DeFi-token collapse which resulted in YFI and UNI dropping by 46%. After outperforming Bitcoin (BTC) and Ether (ETH) strongly in August, Decentralized Finance (DeFi) tokens are now plummeting as many registered losses of up to...
Iran Grants Bitcoin Miners Exclusive Access To Electricity From Three Power Plants
Iran has granted bitcoin miners exclusive access to electricity generated from three power plants for their mining activities, according to state power utility Thermal Power Plant Holding Company (TPPH). Mohsen Tarztalab, managing director of TPPH, told a local news...
Regulator Gives Banks Green Light to Hold Stablecoin Issuer Reserve Deposits
Stablecoin issuers now have a strong tailwind from US regulators. Banks finally have some guidance on how to treat coins like Tether, Gemini Dollar, USD Coin and others that are pegged to fiat money. As a result, there is less of a reason for them to shun the...
Half of DeFi Yield Farmers Can't Read Smart Contracts: Survey
A new survey reveals the yield farming trend in crypto is limited to a minority of users—and that they may be taking on more risk than they realize. CoinGecko, a popular crypto tracking website, released today the results of a new survey of cryptocurrency users on...
Institutional Investors Say They’ll Buy More Bitcoin: Survey
A new report from cryptocurrency insurance company Evertas suggests that institutional investors plan to increase their focus on crypto assets in the next five years. Evertas surveyed investors that oversee some $78.4 billion worth of collective assets, and 64% of...
Silk Road Programmer Pleads Guilty to Making False Statements
Michael Weigand faces a five-year maximum sentence for hiding his role with Silk Road from investigators. Source: coindesk
Turbulent Crypto Markets Expected – 87K Worth of Bitcoin Options Set to Expire on Friday
Markets are expected to be volatile this week, as a great number of bitcoin and ethereum options are set to expire this Friday. Data shows more than 87,000 bitcoin options will expire and 77% of the action is held on the Deribit exchange. U.S. stocks dropped hard on...
Bitcoin Miner Bitfarms Leases 2,000 Rigs From BlockFills, Has Option for Up to 7,000 More
Bitfarms boost its mining power by 360 PH with the new lease, set to run for 24 months. Source: coindesk
Price analysis 9/21: BTC, ETH, XRP, BCH, DOT, BNB, LINK, CRO, LTC, BSV
The market has taken a bearish turn and Bitcoin and altcoins will need strong relief rallies in order to restore their uptrends. Legacy and crypto crypto markets saw a strong correction today as traders fear that the second round of economic stimulus might be delayed...
No, you can’t buy Venezuela’s Petro on any overseas exchanges
The Venezuelan government has not yet announced partnerships capable of listing PTR abroad. A New York-based crypto exchange has listed a token with the same name as the Venezuelan state-issued asset, the Petro (PTR). In reality however, the two are entirely...
Market Wrap: Bitcoin Dips to $10.1K, Ether Drops to $330 on Sell-Off Session
Bitcoin and ether price fell precipitously Monday as markets globally roil in uncertainty. Source: coindesk
The Fast-Growing NFT Market Is Problematic Yet Promising
There is authentic demand for crypto collectibles, called NFTs, but the introduction of yield farming has introduced new issues. Source: coindesk
OCC: Banks Can Hold Some Stablecoin Reserves
The U.S. OCC has published fresh guidance, officially clarifying national banks can provide services to stablecoin issuers in the U.S. Source: coindesk
US banking regulator authorizes federal banks to hold reserves for stablecoins
Federal banks in the U.S. see new capacity to provide services to crypto firms, specifically stablecoin operators. Per an interpretive letter from the U.S. Office of the Comptroller of the Currency released on Monday, national banks will be free to hold reserve...
SEC vs. Telegram: Part 1 — Key takeaways for now
The legal battle between the U.S. SEC and Telegram could be a strong warning against the SAFT process. Telegram is a popular, global, cloud-based instant messaging, videotelephone and voice-over service company. Particularly popular with crypto-enthusiasts, at the end...
SXP Breaks Down From Long-Term Support
The Swipe (SXP) price has broken down from a long-term support level. While the price is approaching a possible Fib reversal level, technical indicators do not yet show any bullish signs. Breakdown From Support The SXP price has been decreasing since it reached a high...
CIA Creates R&D Arm, With Blockchain as Area of Interest
The United States Central Intelligence Agency (CIA) has just launched a research and development department. One of the areas of interest highlighted by the agency is blockchain technology. The newly launched department is known as CIA Labs. It will allow CIA officers...
Is a Bitcoin ‘death spiral’ imminent following yesterday’s massive difficulty adjustment?
Bitcoin experienced two massive mining difficulty adjustments recently. Is this something to be concerned about? Before the recent halving, many were prophesying a so-called “death spiral” for Bitcoin. This theory hinges on the idea that the halving of the block...
The FinCEN Files Show Banks Don’t Actually Care About Stopping Money Laundering
The massive leak of suspicious activity reports shows how banks let the government know about likely money laundering, then go right on providing services. Source: coindesk
MicroStrategy Exposes World’s Largest Sovereign Wealth Fund to Bitcoin
When US software company MicroStrategy bought $425 million worth of Bitcoin, the team didn’t keep it all for itself. Its investment means that its shareholders, among them BlackRock, Vanguard and the Norwegian Government Pension Fund, are significantly exposed to...
Here in Venezuela, Doctors Struggle to Access Aid From Crypto Platform
For a moment, it looked as if crypto would make a huge stride in Venezuela. But accessing funds from abroad has been difficult. Source: coindesk
Craig Wright Must Face Trial Over Alleged $11B Bitcoin Fortune as Request for Summary Judgment Denied
In a case involving the ownership of about 1.1 million bitcoin (worth over $11 billion), the federal court denied Wright’s request for a summary judgment on Monday. Source: coindesk
Bitcoin is a better gold than gold itself, Tyler Winklevoss says
Bitcoin may never escape its ongoing comparisons to gold. According to Tyler Winklevoss, co-founder of the Gemini crypto exchange, Bitcoin beats gold at its own game. "Bitcoin is better at being gold than gold — and not just incrementally, but by an order of magnitude...
Crypto Market Sheds $22 Billion as Bitcoin Slides to $10,400
The global cryptocurrency market shed a collective $22 billion in market capitalization today with over 90 of the top 100 crypto assets plunging in price. The price of Bitcoin fell to $10,409, representing a decline of approximately 4.5% within the last 24 hours....
After 16% drop, traders target $250 Ethereum price — Here’s 3 reasons why
Ethereum price corrected 16% in 4 days, led by these three key factors. The crypto market saw a significant correction today and Ether (ETH) price did not escape the carnage. In the last 24 hours, the top altcoin recorded a 12% drop as the price fell to $331. In the...
CIA’s New Research Lab to Study Blockchain
CIA Labs will give officers an outlet to patent and profit from their tech inventions. Source: coindesk
‘We Blew It.’ Douglas Rushkoff’s Take on the Future of the Web
Douglas Rushkoff is a futurist and early cypherpunk. His early writings on the internet paved the way for thinking about the web in revolutionary terms. What's changed? Source: coindesk
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