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Showing posts from August, 2021

NFT whale 'Pranksy' pranked by fake Banksy for 97.7 ETH

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NFT collector Pranksy has been refunded the 100 Ether he spent on a digital artwork fraudulently claiming to have been composed by popular artist, Banksy. from Cointelegraph.com News https://ift.tt/3jvvaiP via IFTTT

Legislative Assembly of El Salvador approves $150M Bitcoin Trust

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El Salvador's government has set aside $23.3 million toward rolling out crypto ATMs and $30 million to incentivize use of the state-backed "Chivo" wallet. from Cointelegraph.com News https://ift.tt/3DyhBad via IFTTT

Korean firm will become first BSN portal operator outside of China

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China’s Blockchain Service Network is going global, with Korean blockchain firm MetaverseSociety announced as the first BSN portal operator outside of China. from Cointelegraph.com News https://ift.tt/3mRowFM via IFTTT

Original $4M Doge NFT meme auctioned off in 17 billion pieces

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PleasrDAO will offer exposure to the Doge NFT via 16,969,696,969 fractionalized ERC-20 tokens named “$DOG”. from Cointelegraph.com News https://ift.tt/3yzfNu2 via IFTTT

Decentralized exchanges and aggregators drive DeFi growth

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In the DEX segment, aggregation services are likely to continue gaining a bigger piece of the pie at the expense of decentralized exchanges. from Cointelegraph.com News https://ift.tt/3gQjzZT via IFTTT

Treasury attempts to squeeze further crypto-related data sharing provisions in budget bill: Roll Call

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Further requirements on crypto firms could be on the way as the administration is looking for new revenue streams. from Cointelegraph.com News https://ift.tt/3zzua2D via IFTTT

Anthony Scaramucci: $100K per BTC by year-end is still within reach

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Exponential monthly growth in demand should propel Bitcoin to $100,000 by the end of 2021, according to the CEO of SkyBridge Capital, Anthony Scaramucci. from Cointelegraph.com News https://ift.tt/2WAgx5g via IFTTT

a16z shines the spotlight on DAOs by leading Syndicate’s Series A

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Syndicate’s vision for decentralized autonomous organizations was one of the biggest selling points for Andreessen Horowitz. from Cointelegraph.com News https://ift.tt/2WFNkVT via IFTTT

Ethereum price poised for 40% rally vs. Bitcoin after breaking out of four-month range

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The Ethereum blockchain's native asset broke its downward sloping resistance trendline to the upside, triggering a textbook bullish outlook. from Cointelegraph.com News https://ift.tt/3kGN0i1 via IFTTT

BitPay wallet integrates 1inch Network DEX aggregator

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Decentralized exchange aggregator 1inch has been integrated into the crypto wallet app BitPay, enabling users to access its rates for their crypto swaps. from Cointelegraph.com News https://ift.tt/3DyP3NR via IFTTT

FTX.US acquires Bitcoin derivatives platform LedgerX

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FTX.US acquires LedgerX for an undisclosed amount to dive into Bitcoin and Ether futures trading. from Cointelegraph.com News https://ift.tt/3t1woW1 via IFTTT

The great crypto flippening: Can Ethereum overtake Bitcoin?

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Is BTC, crypto’s flagship, prepared to fend off Ethereum with its “incredible network value, rich community and pace of innovation?” from Cointelegraph.com News https://ift.tt/38t12y8 via IFTTT

iHeartMedia plans NFT giveaway ahead of major music festival

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Cory Van Lew, the digital artist behind Mike Tyson’s NFT collection, will drop his iHeartMedia-inspired line-up on Sept. 14. from Cointelegraph.com News https://ift.tt/3t1puQB via IFTTT

MetaMask surpasses 10M monthly active users as DeFi continues to surge

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Demand for noncustodial wallets continues to surge amid the DeFi and NFT booms. MetaMask has been a primary benefactor, as active monthly users have grown 19-fold in just over a year. from Cointelegraph.com News https://ift.tt/38t9XQg via IFTTT

Crypto does not qualify as currency, says South Africa’s central bank governor

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South Africa’s top banker has said that cryptocurrencies are more akin to assets than actual currencies. from Cointelegraph.com News https://ift.tt/3mN4wUt via IFTTT

Genesis Digital Assets buys 20K Bitcoin miners after $125M raise

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Canaan has also granted Genesis Digital Assets an opportunity to buy up to 180,000 additional BTC mining machines. from Cointelegraph.com News https://ift.tt/3mLcyxl via IFTTT

Chinese banks explore e-yuan for selling investment funds and insurance

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Bank of Communications and China Construction Bank are working with fund managers and insurers to facilitate e-yuan payments for Chinese citizens. from Cointelegraph.com News https://ift.tt/3gNT3QS via IFTTT

'Remarkable' on-chain metrics could spell Bitcoin, Ethereum bull market return — new report

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On-chain data is showing more and more similarities to mid and late 2020 — the springboard period for the Ethereum and Bitcoin bull market. from Cointelegraph.com News https://ift.tt/3gNkgmL via IFTTT

MUFG boosts its crypto exposure following $41M Zipmex funding round

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Thailand's Bank of Ayudhya, where MUFG holds a 76.9% stake, has participated in a $41 million raise for Asia-Pacific-focused crypto trading platform Zipmex. from Cointelegraph.com News https://ift.tt/3jveYhz via IFTTT

Tennis star Naomi Osaka shows interest in Dogecoin, launches NFT

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Osaka has been in talks with her agent about cryptocurrencies after reading about Dogecoin on Twitter. from Cointelegraph.com News https://ift.tt/3jxhZO8 via IFTTT

PayPal reportedly looks to take on Robinhood with stock trading

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PayPal has reportedly conducted discussions to acquire a broker-dealer but is unlikely to launch the new investment service this year. from Cointelegraph.com News https://ift.tt/3Dzrl40 via IFTTT

Bitcoin price sinks to $46.7K despite record accumulation and supply shock events

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Everything is bullish but the price when it comes to Bitcoin on Tuesday, the market still waiting for cues. from Cointelegraph.com News https://ift.tt/3gNWTt9 via IFTTT

Nigeria's central bank partners with fintech firm Bitt Inc for CBDC rollout

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The CBN considered Bitt Inc’s experience in the development of the Eastern Caribbean Central Bank’s DCash, launched in April. from Cointelegraph.com News https://ift.tt/3mMuLud via IFTTT

Retirees in El Salvador protest against Bitcoin adoption

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Retirees and veterans in El Salvador are worried that the government would start paying their pensions in Bitcoin instead of the U.S. dollar. from Cointelegraph.com News https://ift.tt/3Bo2hez via IFTTT

Three Arrows Capital execs launch NFT fund

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The new fund, Starry Night Capital, plans to exclusively invest in “the most desired” NFTs on the market. from Cointelegraph.com News https://ift.tt/3jvfrAo via IFTTT

SBF promotes efficiency of ‘misunderstood’ crypto derivatives

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FTX CEO Sam Bankman-Fried says derivatives are necessary to bolster the liquidity and efficiency of markets. from Cointelegraph.com News https://ift.tt/3jwqyZW via IFTTT

Institutions remain bullish on Cardano and Ether while BTC outflows persist

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Ethereum and Cardano continue to dominate inflows to institutional crypto investment products while demand for BTC weakens. from Cointelegraph.com News https://ift.tt/3kGE9wO via IFTTT

US Global Investors bought crypto exposure through Grayscale funds

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The investment firm already has significant exposure to gold, minerals, precious metals, petroleum, and other natural resources. from Cointelegraph.com News https://ift.tt/2WGmxco via IFTTT

CELO, Fantom and Keep3rV1 rally after liquidity mining programs launch

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Newly launched incentive programs and protocol upgrades were followed by 50% rallies in CELO, FTM and KP3R. from Cointelegraph.com News https://ift.tt/3kFn1aH via IFTTT

30-somethings led crypto purchases at South Korean exchanges in 2021

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The increased trading volume comes following the country's Financial Services Commission requiring crypto trading platforms to register as digital asset service providers before Sept. 24. from Cointelegraph.com News https://ift.tt/2WyAoRN via IFTTT

Ripple files motion to expose XRP holdings of SEC employees

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The court has reportedly given the U.S. SEC until Sept. 3 to respond to Ripple’s motion to compel the authority to provide data on SEC employees’ XRP holdings. from Cointelegraph.com News https://ift.tt/3ytzQKc via IFTTT

After passing $1T in crypto transactions, Blockchain.com CFO hints at going public in 2023

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Crypto exchange Kraken and stablecoin-focused company Circle have also said they are considering public listings. from Cointelegraph.com News https://ift.tt/3kCe7eb via IFTTT

Recommending regulations: Crypto working groups make push for adoption

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Collective groups and associations want to establish industry standards for crypto, but will this guidance make a real impact on adoption? from Cointelegraph.com News https://ift.tt/3kDzOe0 via IFTTT

Billionaire investor John Paulson says crypto has ‘no intrinsic value’

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The billionaire subprime short-trader in the 2008 financial crash said that digital assets have a “limited supply of nothing.” from Cointelegraph.com News https://ift.tt/3ztFltT via IFTTT

Corporate brands target NFTs and adoption continues to skyrocket

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Apart from creating their own digital collectibles, major brands are also acquiring popular NFTs amid the growing popularity of nonfungible tokens. from Cointelegraph.com News https://ift.tt/2WuSDIo via IFTTT

Leading DeFi projects launch $100M global adoption initative

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The initiative — built on the Celo ecosystem — identified the lack of inclusivity and accessibility in the traditional financial markets. from Cointelegraph.com News https://ift.tt/3DsGFiR via IFTTT

Dubai to benefit from expanding crypto market, Bittrex Global CEO says

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The United Arab Emirates has been cementing its presence in the digital asset industry recently with multiple efforts to further adopt blockchain-based technologies. from Cointelegraph.com News https://ift.tt/3sYfsQd via IFTTT

Betting on a Bitcoin bull run? Not in September, BTC price data says

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Next month is a classic underperformer for BTC/USD, and judging by the current price action, 2021 is no exception. from Cointelegraph.com News https://ift.tt/3kBQlz1 via IFTTT

Bitcoin whales join ‘small fish’ in buying BTC as price holds above $47K

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Bitcoin addresses holding 1,000–10,000 BTC have resumed accumulating coins. from Cointelegraph.com News https://ift.tt/3zuO7ru via IFTTT

Singapore central bank shortlists 15 companies to develop retail CBDC

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The 15 finalists will be mentored by the MAS and “be given access to the APIX Digital Currency Sandbox for rapid prototyping of digital currency solutions.” from Cointelegraph.com News https://ift.tt/3sZI0J2 via IFTTT

Nigeria's central bank issues draft guidelines on eNaira CBDC project

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CBN says the proposed central bank digital currency will offer parity of value and will operate as a non-interest-bearing CBDC. from Cointelegraph.com News https://ift.tt/3zsXfg8 via IFTTT

​​Cream Finance DeFi platform loses $19M in a flash loan hack

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The Cream Finance hacker gained $18.8 million by exploiting a reentrancy bug in the AMP token in a set of 17 transactions. from Cointelegraph.com News https://ift.tt/2Wt8CGR via IFTTT

Standard Chartered launches blockchain trade platorm with Chinese fintech

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The joint venture operating the new blockchain-powered platform will be headquartered in Singapore and led by SC Ventures' Amelia Ng as CEO. from Cointelegraph.com News https://ift.tt/2WBKHEQ via IFTTT

Is the time right for $50K BTC? 5 things to watch in Bitcoin this week

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It's been a long time coming, but as yet, nothing has been able to propel BTC/USD over $50,000 for long. Is this week different? from Cointelegraph.com News https://ift.tt/38qKYgy via IFTTT

Russian man gets three-year sentence for stealing a friend’s mining rig

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The 34-year old convict was reportedly not able to make use of the stolen mining equipment due to a “lack of relevant knowledge.” from Cointelegraph.com News https://ift.tt/38rSk3j via IFTTT

Bilaxy exchange suspends website after ERC-20 hot wallet hack

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Bilaxy cryptocurrency exchange is yet to announce the value of funds lost to a hacking incident that occurred on Aug 28. from Cointelegraph.com News https://ift.tt/38m1CxR via IFTTT

SOL burn? Solana price hits $100 for the first time after mysterious 'Ignition' event revealed

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Traders push their SOL/USD bids higher after Solana teases the community with "ignition," a mysterious feature that will go live on Aug. 31. from Cointelegraph.com News https://ift.tt/3zFB6Ly via IFTTT

OpenSea’s team of 37 staff are currently handling 98% of combined NFT volumes

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NFT marketplace OpenSea is desperate to expand its team following a surge in trading volume. from Cointelegraph.com News https://ift.tt/3BiCTqk via IFTTT

Binance Australia onboards former DigitalX exec as new CEO

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The former head of the world's first publicly-listed blockchain firm the is new CEO of Binance’s Australian subsidiary. from Cointelegraph.com News https://ift.tt/3mKsDU6 via IFTTT

Beleaguered DeFi project xToken suffers second major exploit since May

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xToken has been exploited for around $4.5 million following the latest attack targeting the DeFi protocol’s smart contracts. from Cointelegraph.com News https://ift.tt/38uNXnT via IFTTT