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Showing posts from June, 2020

Coin Metrics Offers More Rigorous Measure of Crypto Market Supply

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BIS Plans New Central Banking Fintech Research Hubs in Europe, North America

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US Soccer Players Can Be Collected, Traded in Tokenized Fantasy Game

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FCA Research Says 2.6 Million UK Residents Have Bought Crypto

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The United Kingdom’s Financial Conduct Authority estimates that roughly 2.6 million U.K. consumers have bought cryptocurrency “at some point.”

from Cointelegraph.com News https://ift.tt/2YIR0VG

First Mover: Bitwise Calls $50K Bitcoin Price When Market Calm Finally Breaks

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Bitcoin Still Up 27% This Year Despite Dismal June Performance

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Canada's Digital Dollar Should Focus on Inclusion and Accessibility, Say Experts

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Experts from the Bank of Canada have released their thoughts on how a digital dollar should be available to all Canadians.

from Cointelegraph.com News https://ift.tt/3icidrs

BitMEX Owner HDR Appoints Former Bank of China Exec to Board

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Indian Crypto Banks and Exchanges See Massive Growth Amid Rising Covid-19 Crisis: Survey

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European Crypto Cards Reactivate as FCA Allows Wirecard to Resume Operation

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Crypto.com and TenX’s crypto debit cards are usable again as U.K. regulators allow Wirecard to resume “regulated activity."

from Cointelegraph.com News https://ift.tt/2BOTEjC

Gold vs. Bitcoin: $2.8B Fake Bullion Scam Highlights BTC Benefits

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A huge corruption scandal involving Chinese loans backed by fake gold is pressuring its supporters to defend it against unforgeable Bitcoin.

from Cointelegraph.com News https://ift.tt/2Vwpw3q

ASX Under Pressure to Further Delay Rollout of DLT Settlement System

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California University Pays Million-Dollar Crypto Ransom

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The University of California at San Francisco has paid a million-dollar ransom following unsuccessful negotiations with a ransomware hacker group.

from Cointelegraph.com News https://ift.tt/2YJFol4

To His Own Surprise, Crypto Volume Pumper’s Business Is Still Thriving

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Bitcoin Price Bulls Pin Hopes on Descending Channel Breakout to $10K

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Bulls need to flip the $9,200-$9,500 resistance zone to support in order to clear a path back to $10,000.

from Cointelegraph.com News https://ift.tt/2VykROF

LCX and LunarCRUSH Partner to Provide Crypto Market Insights

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The announcement from LCX and LunarCRUSH states the partnership will provide data for better crypto trading and investment decisions.

from Cointelegraph.com News https://ift.tt/2YMG1L0

Bitcoin’s ROI Since 2015 Outperforms Five Major Indices by 70X

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Analyst Justinas Baltrusaitis says Bitcoin’s return on investment from 2015 to 2020 puts the digital asset ahead of many traditional markets.

from Cointelegraph.com News https://ift.tt/2CQMzQ1

Bitcoin Miner Hut 8 Closes Better-Than-Expected Equity Round at $8.3M

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Comprehensive Analysis Predicts Bitcoin Price Near $20K This Year, $398K by 2030

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Witnesses Will Vouch for Stablecoins, Digital Dollars in US Senate Hearing Tuesday

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US Contract Miner Core Scientific Buys 17,600 Bitcoin Miners From Bitmain

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Soramitsu Starts Testing ‘White Tiger’ Digital Currency in Japan

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A Nikkei article states that Soramitsu will start testing its ‘White Tiger’ digital currency for retailers at a university in Fukushima.

from Cointelegraph.com News https://ift.tt/38o79Dj

Blockchain Prediction Platform Augur Launches V2 on July 28

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Ethereum-based predictions platform Augur announced it would be launching the second version of its platform starting on July 28.

from Cointelegraph.com News https://ift.tt/2ZknKDQ

Hackathons Benefit From Blockchain Voting, Rewards and Transparency

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TAIKAI has announced that it will use the Telos network to facilitate a secure and auditable voting mechanism to evaluate and reward stakeholders in hackathon events.

from Cointelegraph.com News https://ift.tt/3dGl5JO

Facebook, IoTeX, R3 Among New Members of Confidential Computing Consortium

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Blockchain Project Kyber Unveils Date for Planned ‘Katalyst’ Protocol Upgrade

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Wirecard Fallout: Auditor EY Accused of Not Flagging $2.1B Black Hole Sooner

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First Mover: The Return of the Bitcoin Retail Investor (And Why That’s a Good Thing)

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Bitcoin Closes in the Green Sunday to End Longest Daily Losing Run in 6 Months

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Russia's Blockchain Based E-Vote System Suffers Node Attack

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The Bitfury-powered blockchain for the Russian constitutional amendments was reportedly attacked over the weekend.

from Cointelegraph.com News https://ift.tt/2VuY8Tv

Hacker Drains $500K from DeFi Liquidity Provider Balancer

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Lebanon’s Financial Meltdown: Currency Plunges 80%, Huge Losses at Central Bank, IMF Bailout Stalled

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DeFi Protocol Balancer Hacked Through Exploit It Seemingly Knew About

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A spat between the Balancer and STA team following the $500,000 hack suggests that the DeFi protocol was aware of the weakness.

from Cointelegraph.com News https://ift.tt/3g9jD4i

Shareholders File Criminal Complaint Against EY for Alleged Role in Wirecard Scandal

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Shareholders in German fintech Wirecard are taking legal action against Big Four auditor EY in the fallout from the scandal now engulfing the company.

from Cointelegraph.com News https://ift.tt/3g90hvW

Counter-Strike Superstars to Play in Crypto-Powered Tournament

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Couter-Strike superstars with two million fans will participate in a crypto-powered tournament, while fans will be able to bet on the outcome with crypto tokens.

from Cointelegraph.com News https://ift.tt/2VtMQPh

World’s Biggest Mining Firm Makes First Ore Trade on a Blockchain

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Bitcoin Miners Done Selling? 5 Things to Know for BTC Price This Week

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A mixed bag of metrics and influences is testing Bitcoin’s resolve this week, with trajectory undecided as $9,000 wavers.

from Cointelegraph.com News https://ift.tt/3ialmYT

Many Bitcoin Developers Are Choosing to Use Pseudonyms – For Good Reason

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South Korean Government Turns to Blockchain Tech to More Securely Store Clinical Diabetes Data

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Mining Giant BHP Completes $14 Million Iron Ore Trade Using Blockchain

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Multi-billion-dollar mining group BHP announced it has completed a $14 million iron ore trade using a blockchain platform.

from Cointelegraph.com News https://ift.tt/3eU2paA

Crypto Research Report Predicts $397K Bitcoin Price by 2030

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Researchers behind the June 2020 report from the Crypto Research Report used Bitcoin’s target addressable market to predict a rise to $397K.

from Cointelegraph.com News https://ift.tt/3g1RY54

Bitcoin Price Must Flip This Level Into Support to Avoid a Drop to $7.4K

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Bitcoin price continues to consolidate near a key support but a close above $9,400 is needed to avoid a sharper correction.

from Cointelegraph.com News https://ift.tt/2Vtyn5X

Crypto Long & Short: What Trends in Volatility Could Mean for Bitcoin

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Andreas Antonopoulos: Use DeFi Contracts for BTC Passive Income

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HODLing Bitcoin may pay off eventually, but it means one’s money isn’t working for them now, says Andreas Antonopoulos.

from Cointelegraph.com News https://ift.tt/3dGNzDb

Uber Angel Investor: ‘99% of Crypto Projects Are Garbage’

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Jason Calacanis, an angel investor of Robinhood and Uber, says nearly all crypto projects are run by ‘delusional’ founders or idiots.

from Cointelegraph.com News https://ift.tt/38bPqPd

BitMEX Launching Services for Corporate Customers

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Crypto derivatives giant BitMEX announced it would be launching corporate services for customers at the exchange.

from Cointelegraph.com News https://ift.tt/38e0MSH

Bolstering Separation of Money and State Following the 244th Independence Day

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Blockchain Can Provide the Right to Privacy That Everyone Deserves

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Blockchain technology can help to build a self-sovereign financial system where privacy belongs to the people.

from Cointelegraph.com News https://ift.tt/38fTcaf

New Bitcoin Price Model Suggests ‘Exponential’ Bull Run in One Month

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On-chain analyst Willy Woo published a new Bitcoin price model showing a new BTC bull run could begin in 30 days.

from Cointelegraph.com News https://ift.tt/3giVI2v

Innovation Grant Worth $15 Million to Encourage Asian Blockchain Startups

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Singaporean blockchain developers Building Cities Beyond creates an innovation grant to encourage development on its ecosystem.

from Cointelegraph.com News https://ift.tt/2YHqoUM

Matic Network Aims for 80% Token Lockup in New Staking Program

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Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, BCH, XLM, LINK

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Altcoins corrected as Bitcoin price dropped below $9,000, but traders buying the BTC dip could provide room for altcoins to recover.

from Cointelegraph.com News https://ift.tt/3dKZdg5

Tezos Likely Avoiding SEC Action With $25M Class-Action Lawsuit Settlement

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The consolidated class-action lawsuit against the Tezos Foundation appears likely to end in a $25M settlement which might forestall further SEC action.

from Cointelegraph.com News https://ift.tt/2ZbNlyE

Crypto Derivatives Might Drive a New Cycle of Mass Adoption

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The lack of progressive jurisdictions in which a particularly attractive regime for regulating derivatives exists keeps crypto in a gray area, and it has to be changed.

from Cointelegraph.com News https://ift.tt/2VoHjty

Skeptics Concerned Plustoken Scammers Plan to Dump $187M Worth of Ethereum

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PayPal Crypto Rumors, RIP Wirecard, Telegram Settles: Hodler’s Digest, June 22–28

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You might be able to buy crypto on PayPal soon, but it’s unlikely that you’ll be getting anything from Wirecard.

from Cointelegraph.com News https://ift.tt/2Aaxhog

Beyond In-Game Assets: Blockchain Gaming, DAOs, Guilds, and Ragequitting

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“If the “real world” economy is run by centralized authorities who can change and adapt monetary policy on a whim outside public opinion or scrutiny, current video game economies are a microcosm of this behavior.”

from Cointelegraph.com News https://ift.tt/3ihkj9J

What Recent Developments in the Fintech Space Mean for Our Future

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There have been several significant movements forward for digital assets, and there are more to come. Here’s what to keep an eye on.

from Cointelegraph.com News https://ift.tt/2CPv6HO

SIA and Quant Network Successfully Test Blockchain Interoperability

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European payments platform SIA partners with Quant Network to establish blockchain interoperability solutions for financial institutions.

from Cointelegraph.com News https://ift.tt/3gaU0A5

Binance Completed Its Biggest Upgrade Ever and Says it’s 10x Faster

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Binance has completed its biggest platform upgrade in two years, it’s getting the speed ready for the next crypto bull run.

from Cointelegraph.com News https://ift.tt/3g9Syhp

Federated Sidechains: $8M in BTC Stuck in Limbo, Analyst Says Action ‘Violates Liquid’s Security Model’

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Nonfungible Tokens Could Change the Way We Own Things

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With the ongoing digitalization of the world, NFTs may become a very viable solution for tokenizing ownership and property.

from Cointelegraph.com News https://ift.tt/2ZjX0mD

Experts Split on Practical Implications of Quantum Cryptography

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Scientists in China managed to exchange a crypto key at a distance of over 1,000 kilometers, could this lead to hackerproof cryptography?

from Cointelegraph.com News https://ift.tt/2YEM57X

When Big Ben Rings: UK FCA’s Stance on Crypto Seen as Harsh but Fair

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Most believe that the FCA’s latest efforts to monitor the U.K.’s crypto ecosystem are a step in the right direction.

from Cointelegraph.com News https://ift.tt/2CIo1so

The Future of Peer-to-Peer Online Learning Amid the COVID-19 Pandemic

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The coronavirus pandemic has shown the need for new innovative ideas in the delivery of education, and blockchain has a solution.

from Cointelegraph.com News https://ift.tt/31l0mZv

Blockchain Expands in Advertising Industry, but Crypto Remains a No Go

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Crypto has been left out of the advertising industry, but blockchain technology may be its ticket back in to innovate and change the space.

from Cointelegraph.com News https://ift.tt/2YEBBWf

Book Review - Growing With Blockchain

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Growing With Blockchain is a book for business decision makers who want to discover more about the possibilities of blockchain technology.

from Cointelegraph.com News https://ift.tt/3eHEz1P

Ransomware Gang Failed to Deploy an Attack Against 30 US Firms

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Symantec revealed that a WastedLocker ransomware attack was blocked on time after an early alert by the cybersecurity firm.

from Cointelegraph.com News https://ift.tt/31mFiSg

Jim Rogers, Mark Cuban, Peter Schiff Will ‘Go All-In’ on Bitcoin — Max Keiser

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Wright Decision & Paypal Allowing Crypto: Bad Crypto News of the Week

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Check out this week’s Bad Crypto podcast.

from Cointelegraph.com News https://ift.tt/31p4wQa

Popular Analyst Reveals New Bitcoin Pricing Model: Prediction Suggests ‘Bullish Run a Month Away’

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New Research Shows Massive Internet Spying, Several Crypto Sites Listed

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New findings show a major domain provider as a focal point for massive global spying.

from Cointelegraph.com News https://ift.tt/2BO76o4

Not Like Before: Digital Currencies Debut Amid COVID-19

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The coronavirus pandemic has forced governments worldwide to focus on bringing blockchain tech to their financial services.

from Cointelegraph.com News https://ift.tt/2BIHDMz

BitFlyer Holds First Virtual Shareholders Meeting With Blockchain Voting App

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BitFlyer Holdings held a general shareholders meeting by using a blockchain voting app which went “without any troubles.”

from Cointelegraph.com News https://ift.tt/2CKjMMZ

Crypto Lending: The Ultimate Killer App?

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Using digital assets to earn yields and borrow capital became possible thanks to crypto lending, one of the fastest-growing sectors in the crypto ecosystem.

from Cointelegraph.com News https://ift.tt/31tBLln

Cryptocurrency News From Japan: June 21 - June 27 in Review

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SBI announced a crypto investment fund, Bitflyer Holdings used blockchain-based voting for a shareholder meeting, and more headlined news from Japan this past week.

from Cointelegraph.com News https://ift.tt/2YDwcib

Proposing an ‘Uber-Like’ Growth Model for Blockchain Incentives

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A DeFi lending platform for cryptocurrency, Kava Labs, could be described as the “Uber of Bitcoin,” as the platform represents an Uber-like business model.

from Cointelegraph.com News https://ift.tt/3eA6CAe

‘Casino Jack’ Abramoff Charged in AML Bitcoin Cryptocurrency Fraud Case, Could Return to Prison

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South Korea Looks to Track Crypto Transactions in Light of Recent Scandal

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A South Korean government agency aims to trace crypto transactions conducted on the dark web by developing an AI-based software.

from Cointelegraph.com News https://ift.tt/3dLBz3r

Play2Earn: How Blockchain Can Power a Paradigm Shift in Building Game Economies

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“We’d like to further empower our community by allowing them to earn a token that allows them to govern the ecosystem in the future, making decisions like what content to add within the universe, what tech upgrades should be focused on, and what to do with funds generated by the game’s operation.”

from Cointelegraph.com News https://ift.tt/385Fs1P

Is the Travel Rule Good or Bad for Crypto? Both

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The Great Estonian Exodus — Crypto Firms Are Leaving Estonia

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After the great rise in national crypto regulation in Estonia, the new European Union laws have forced the crypto industry to leave the country.

from Cointelegraph.com News https://ift.tt/2NyhXoq