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Showing posts from March, 2021

Specter Wallet Releases Version 1.3.0

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The latest release from open-source bitcoin wallet Specter includes one-click Bitcoin Core and Tor setup, RBF transaction support and more. bit.ly/3f7o14k http://dlvr.it/RwlXHw

Why Chamath Is Wrong About Inflation

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Recent comments from Chamath Palihapitiya indicate that he doesn’t understand how inflation or monetary sovereignty really work. bit.ly/3f7o14k http://dlvr.it/Rwkv3q

FXTB Is the Premier Platform for Bitcoin CFD Trading #Bitcoin https://ift.tt/2IUgeem

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Bitcoin’s meteoric rise has inspired many forex and CFD traders to seek a new broker that will offer them access to the crypto market. FTXB, as the premier online platform for CFD trading, is a great place for you to start trading on bitcoin and many other crypto pairs. FXTB Offers CFDs for Bitcoin and Many More Crypto Pairs FXTB , operated by Forex TB Limited, is an online CFD trading broker regulated by the Cyprus Securities and Exchange Commission. The platform offers CFD traders access to the exciting volatility of bitcoin as well as over 40 other crypto assets including ether, ripple, dash and many more. As a regulated company within the European Economic Area, many traders put their trust in FXTB in 2020 – winning it the title of Fastest Growing CFD Broker in Europe. CFD traders will find everything they need to start trading bitcoin at FXTB. This includes a powerful and intuitive trading platform that is available for both desktop and mobile web so you can access the markets...

Hong Kong Security Crackdown Leads to Record Capital Outflows— Residents Reportedly Used Cryptocurrencies to Move Funds #Bitcoin https://ift.tt/2IUgeem

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The Canadian anti-money laundering agency, Fintrac, says it recorded official capital inflows originating from Hong Kong that totaled more than $34 billion in the past year. The outflows, which are the highest since 2012 when the earliest Fintrac records are available, “are the first evidence of a significant flight of capital overseas from the Asian financial hub following the security turmoil.” Accounts Frozen As detailed by one report , the city’s record capital transfers, which are “up 46 per cent from 2016 and 10 percent from 2019, came in a year when Hong Kong police froze the accounts of several people linked to pro-democracy protests.” This freezing of bank accounts, in turn, triggered “concerns among some residents about asset safety.” Meanwhile, Darren Gibb, a spokesman for Fintrac suggests that some of the fleeing Hong Kong residents could be using cryptocurrencies to move funds ashore. He said: The Fintrac data captures only a fraction of total legal inflows into the ...

The Ethereum Improvement Proposal 1559: Is the squeeze worth the juice? https://ift.tt/2IUgeem

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What the planned EIP-1559 could mean for Ethereum, DeFi and miners. from Cointelegraph.com News https://ift.tt/31zf6CR via IFTTT

UK crypto firms must now submit yearly financial crimes reports https://ift.tt/2IUgeem

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Financial crimes reporting obligations are irrespective of a crypto firm’s total annual revenue. from Cointelegraph.com News https://ift.tt/3fGWERd via IFTTT

Digital euro could take four years, says ECB president Christine Lagarde https://ift.tt/2IUgeem

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The ECB will decide whether to proceed with digital euro pilots by mid-2021, Lagarde said. from Cointelegraph.com News https://ift.tt/39ubpCF via IFTTT

Crypto M&A Deals Set a New Record in 2020, Surging to $1.1 Billion #Bitcoin https://ift.tt/2IUgeem

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The cryptocurrency bull run has been the most notorious headline highlighted in the last few months, but more figures are being watched beyond bitcoin prices. A new report released by Pricewaterhousecoopers (PWC) revealed that crypto merger and acquisition (M&A) deals skyrocketed in 2020. 2021 Is on Track to Surpass Last Year’s Numbers, PWC Says Quoted by Bloomberg , the consulting firm pointed out that the crypto M&A sector more than doubled last year to $1.1 billion from 2019 figures. Geographically speaking, the United States is still taking the lead by itself, as deals taking place in the region accounted near $785 million. Still, Europe and Asia together, as EMEA region, generated $303 million in crypto M&A deals, said PWC. Henri Arslanian, global crypto leader of PWC, highlighted the fact that 2020 numbers posse a record for the sector. However, he added that 2021 is on track “to significantly surpass it from every single metric.” The study says that findings su...

China's blockchain project BSN to integrate R3 Corda https://ift.tt/2IUgeem

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Chinese banks will soon have access to a permissioned version of the Corda Enterprise infrastructure via the country's Blockchain Service Network. from Cointelegraph.com News https://ift.tt/3cB7Zjy via IFTTT

iPhone user blames Apple for $600K Bitcoin theft via fake app https://ift.tt/2IUgeem

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Apple removed the fake Trezor app several times, but it kept appearing on the App Store days later. from Cointelegraph.com News https://ift.tt/3fugA9u via IFTTT

Swiss startup launches tokenized grain trading pilot https://ift.tt/2IUgeem

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Tokenization of real-world commodities could drastically reduce trading costs, says one Swiss startup as it pilots a new non-fungible token system. from Cointelegraph.com News https://ift.tt/3sDpqWv via IFTTT

Bitcoin flash crashes by $2K in 5 minutes, liquidating $600M in longs https://ift.tt/2IUgeem

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A flash crash on short timeframes for BTC/USD induces panic among long traders, but for analysts, it's business as usual. from Cointelegraph.com News https://ift.tt/3djFG8s via IFTTT

Moonbeam Network Receives Fresh Capital Injection After Purestake Fundraising Success #Bitcoin https://ift.tt/2IUgeem

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Following an initial seed capital round of $1.4 million, Purestake has raised a $6 million strategic round of financing from a consortium of investors to accelerate development, as the team aims to bring the Moonbeam network live in the second half of the year. Ethereum-Compatible Smart Contract Initiative Aims To Deliver Mainnet By Mid-2021 Ethereum may be the blockchain of choice for many decentralized application (dapp) and smart contract developers at present, but that paradigm is quickly shifting as more roads lead towards Polkadot, an up-and-coming cross-chain communication protocol. Among the fascinating projects hoping to build on Polkadot’s forthcoming parachains is Moonbeam, a protocol that assists developers with deploying multi-chain projects. By incorporating the Ethereum Virtual Machine (EVM) and Web3 compatibility, Moonbeam facilitates direct connections with the Ethereum network, helping smart contracts and dapps operate flawlessly on multiple blockchains simultaneo...

Study Finds South Koreans Aged 20-39 Mainly Invest up to $100 in Cryptocurrencies #Bitcoin https://ift.tt/2IUgeem

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South Korea’s “crypto boom” is a term that the local media has widely adopted to refer to the current hype seen across the Asian nation. In fact, a recent study unveiled a rising trend in the number of South Koreans making small-scale crypto investments. New Crypto Investors Seem Unafraid of Strict Regulations According to the “Virtual Currency App Market Analysis” research made by big data firm IGA Works, quoted by Edaily , almost 60% of the newest crypto investors in the country are aged 20-30. Remarkably, such a segment of traders often prefers to allocate “smaller amounts” of money into cryptos, specifically up to $100. But the study went more in-depth and clarified that South Korean crypto investors aged 20 through 30 are looking for bitcoin ( BTC ) and “top 10-by-market-cap altcoins” investments. A trader identified just as “Mr. A” claimed that he allocates around 100,000 Korean won ($88) every month from his payday on BTC and such altcoins. IGA Works says that the number ...

Adam Back unveils Blockstream’s new Bitcoin mining security token https://ift.tt/2IUgeem

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Blockstream has announced the launch of a new security token backed by the company's mining facilities. from Cointelegraph.com News https://ift.tt/39wNzpU via IFTTT

Nifty News: NYT says NFTs in pandemic-fueled bubble, Polkamon eggs produce $1M gas ... https://ift.tt/2IUgeem

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NYT likens the NFT bubble to the plague induced “tulip mania” of the 1600s, Polkamon NFTs generate more than $1 million in gas fees, and a man fails to sell 50% of a house as an NFT from Cointelegraph.com News https://ift.tt/3m8ldHy via IFTTT

Dvision Network Reveals First NFT Character From Limited Edition Series #Bitcoin https://ift.tt/2IUgeem

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PRESS RELEASE. Blockchain-based virtual reality platform Dvision Network is finally releasing the first limited-edition NFT item that will be placed for auction on OpenSea Marketplace. Dvision revealed this in a tweet on March 30, 2021. Dvision Boy First Character from Limited Edition Series According to the tweet, the first item to be auctioned is the “Dvision Boy” character. The NFT character is the first in the highly anticipated Limited Edition series and will usher in a new era for the Dvision ecosystem. The auction on OpenSea marketplace will start at 3 PM KST on March 31 and last for a week. NFT lovers and investors will be able to place bids on the NFT item until the deadline elapses. Dvision Boy is the first and primary NFT character that will be used as an avatar inside the Dvision Metaverse. Dvision further revealed that the person who purchases ‘’Dvision Boy” will be entitled to various incentives when the Dvision Metaverse is fully launched later in the year. It s...

One-Tenth of a Bitcoin: Derivatives Giant CME Group to Launch Micro BTC Futures Contract #Bitcoin https://ift.tt/2IUgeem

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The American global markets company Chicago Mercantile Exchange (CME Group) has announced the launch of a new bitcoin futures product on May 3, 2021, if U.S. regulators approve the product. The new contract is a micro bitcoin futures product that represents 0.1 bitcoin rather than CME’s other contract that equals five bitcoin. The smaller contract aims to make investment in bitcoin futures more accessible “to a broad array of clients.” CME Group to Launch Micro Bitcoin Futures Contract The well known derivatives marketplace CME Group has announced the launch of a new futures product that’s smaller than the contract that represents five bitcoin ( BTC ). The new product, pending regulatory approval, will be a micro-futures contract that offers exposure to 0.1 BTC . Essentially, that’s one-tenth the size of one bitcoin and the company thinks that investors will be interested in the smaller product. Tim McCourt, CME Group Global Head of Equity Index and Alternative Investment Products...

Nic Carter takes aim at claims Bitcoin is an environmental disaster https://ift.tt/2IUgeem

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Carter argues that mining is concentrated in areas where there is an excess of energy. from Cointelegraph.com News https://ift.tt/39uenaq via IFTTT

Michael Jordan, Will Smith join $305M funding round for NBA Top Shot maker Dapper Labs https://ift.tt/2IUgeem

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Basketball legend Michael Jordan and Hollywood icon Will Smith are among a group of investors in Dapper Lab’s latest funding round. from Cointelegraph.com News https://ift.tt/3sClpRT via IFTTT

Topps Digital Towers Over NFT Universe With Upcoming Godzilla Collectible Auction #Bitcoin https://ift.tt/2IUgeem

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Toho’s classic Godzilla storyline leaves behind the Tokyo and New York skylines as it wades into the decentralized universe with freshly minted collectibles set for auction on the WAX Blockchain. Appeal To Collectors Complements Forthcoming Premiere Of Godzilla vs. Kong From trading cards to collectibles, the name Topps has been synonymous with collecting for over 70 years. Little did they know that their digital transformation that materialized back in 2012 would set the stage for today’s NFT-mania and their embrace of non-fungible tokens. Since disclosing a collaboration with the Worldwide Asset eXchange (WAX) in May of 2020, Topps has been at the forefront of digitizing sports and entertainment trading cards, helping faithful collectors buy, sell, and trade unique collectibles through WAX’s blockchain-based platform. The platform claims to have been responsible for handling more than 100 million transfers of digital assets to date. Fast-forward to the present, and Topps is bu...

One BTC will be worth a Lambo by 2022, and a Bugatti by 2023: Kraken CEO https://ift.tt/2IUgeem

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Amid the threat of dollar debasement, Kraken’s Jesse Powell believes Lamborghinis and Bugattis may be a better measure of Bitcoin’s value in the future. from Cointelegraph.com News https://ift.tt/3wgrGow via IFTTT

LBRY fires back at SEC over 'aggressive and disastrous' securities complaint https://ift.tt/2IUgeem

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LBRY is in the SEC’s firing line for selling unregistered securities. It claims the case could set a precedent that would affect much of the industry. from Cointelegraph.com News https://ift.tt/2QSNZRb via IFTTT

The blacklist: Marathon only mining ‘fully compliant’ Bitcoin transactions https://ift.tt/2IUgeem

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Marathon plans to divert all hash power to its new, regulatory compliant Bitcoin mining pool from May 1. from Cointelegraph.com News https://ift.tt/3sBu8Us via IFTTT

Canadian Company Mogo Offers Bitcoin Rewards for Clients Engaging in a New Mortgage or Refinancing #Bitcoin https://ift.tt/2IUgeem

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On Monday, the publicly-listed Canadian company Mogo announced the firm is extending the bitcoin rewards program applied to the firm’s prepaid Visa card to the operation’s Mogomortgage product. Mogo members leveraging the Mogomortgage platform can earn up to $3,100 in bitcoin if they engage in a new mortgage or refinance an existing real estate loan. Mogo CEO Highlights the Beginning Stages of Consumers Adding Bitcoin to Their Financial Portfolios During the last few years, the Vancouver-based Mogo Inc. , (NASDAQ:MOGO) (TSX:MOGO) has gradually been gravitating toward cryptocurrency solutions. Back in 2018, Mogo revealed a partnership with DMG Blockchain Solutions and planned to launch a bitcoin mining facility in British Columbia. At the end of December 2020, Mogo executive Greg Feller explained that Mogo was joining the trend of firms holding BTC on their balance sheets. Mogo disclosed the company invested 1.5% of Mogo’s total assets into bitcoin at the end of the third quarter...

CME Group Introduces Micro Bitcoin Futures Contract

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CME Group, one of the largest derivatives marketplace in the world, has introduced a micro bitcoin futures contract. bit.ly/3f7o14k http://dlvr.it/Rwhj5j

Deconstructing The Bitcoin Lending Landscape in 2021: How To Lend Wisely And Avoid Disaster

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Juicy interest rates on lending platforms are attracting Bitcoiners who are looking to stack more sats. But the devil is in the details. bit.ly/3f7o14k http://dlvr.it/Rwgnr6

Blockstream Launches Bitcoin Mining Hash Rate Token

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Blockstream has announced the launch of Blockstream Mining Note, a Liquid-based security token that tokenizes its bitcoin mining hash rate. bit.ly/3f7o14k http://dlvr.it/Rwg8bk

Scottish music school accepts cryptocurrency as payment for lessons https://ift.tt/2IUgeem

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An Edinburgh music school will begin to accept tuition payments in the form of cryptocurrency. from Cointelegraph.com News https://ift.tt/3cy51MQ via IFTTT

Delta Exchange completes $5M token raise following investments from DeFi players https://ift.tt/2IUgeem

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Investors include Aave Ventures, Kyber Network, Sino Global, CoinFund, Spartan and others. from Cointelegraph.com News https://ift.tt/3dkDy05 via IFTTT

Consensys announces layer-two NFT platform, Palm, to compete with Flow https://ift.tt/2IUgeem

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The Ethereum ecosystem and some outside power players are banding together to give Flow a run for their money from Cointelegraph.com News https://ift.tt/3wbdnBQ via IFTTT

Aurus Brings the DeFi Revolution to Precious Metals #Bitcoin https://ift.tt/2IUgeem

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Aurus is embracing the concept of DeFi to disrupt the precious metals industry. The firm has built a truly decentralised platform which allows companies like refineries, distributors and vaults to autonomously tokenise precious metals. The ingenious part of the Aurus system is their revenue-sharing token, AurusDeFi (AWX), which enables holders to earn a share of the platform’s revenues. Aurus to Disrupt the Precious Metals Industry Trading app Robinhood positions itself as democratising finance for all. However, the centralised nature of the platform- where one party holds the ultimate decision-making power, is in direct conflict with this mission. Just ask the Redditors of the WallStreetBets community. As they discovered in January, traders have zero control over how the exchange is managed. If they have a problem, their only recourse is to withdraw their funds and switch to another broker (where they’ll probably face similar issues, for the time being anyway). This incident helps...

More Stimulus Coming? President Biden and Senate Democrats Press for Another $3 Trillion #Bitcoin https://ift.tt/2IUgeem

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On the heels of the last stimulus package, U.S. President Joe Biden is creating more legislation that may lead to a massive $3 trillion package dedicated to domestic needs and infrastructure. The recent discussions with Biden and Senate Democrats honed in on the political party’s “Build Back Better” campaign. The recent stimulus talks have a few economists feeling optimistic about the future of the American economy, while Treasury Secretary Janet Yellen has said: “the next stimulus bill will have to be paid for through higher tax rates.” Biden and Senate Democrats Push for Infrastructure Relief Stimulus Estimated to be Around $3 Trillion The U.S. government doesn’t seem to want to stop creating money, as talks of passing more stimulus legislation have increased almost right after the passing of $1.9 trillion just a few weeks ago. Despite the fact that average Americans are concerned about purchasing power and inflation, central bank members and politicians continue to find ways to ...

Moonbeam’s PureStake raises $6M ahead of parachain launch on Polkadot https://ift.tt/2IUgeem

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The company building Moonbeam is focusing on integration work and a renewed marketing push. from Cointelegraph.com News https://ift.tt/2QUD1uB via IFTTT

UK authorities to focus on stablecoin regulations to prevent monopolies https://ift.tt/2IUgeem

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British regulators have identified the stablecoin market as their primary assignment amid efforts to create a legal framework for virtual currencies in the country. from Cointelegraph.com News https://ift.tt/31yuNKp via IFTTT

PayPal to start letting US customers pay in Bitcoin at global merchants https://ift.tt/2IUgeem

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A checkout service will be implemented which waives transaction fees for purchases made using crypto, PayPal's president and CEO confirmed. from Cointelegraph.com News https://ift.tt/3czPpZh via IFTTT

Bitcoin jumps past $59K as PayPal launches crypto payments at 29M merchants https://ift.tt/2IUgeem

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The latest adoption step for Bitcoin and some altcoins will receive official confirmation on Tuesday, PayPal tells Reuters. from Cointelegraph.com News https://ift.tt/2PDId5e via IFTTT

Digital ruble is ‘highest form of money’, Russian Bitcoin critic says https://ift.tt/2IUgeem

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The digital ruble will become an integral part of national settlements by 2023 or 2024, Anatoly Aksakov of the Russian State Duma predicted. from Cointelegraph.com News https://ift.tt/3m2AGcc via IFTTT

XRP holders get green light for motion to intervene in SEC vs Ripple case https://ift.tt/2IUgeem

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A federal judge has accepted token holders' claim that their interests are not being adequately represented in the SEC's ongoing lawsuit against Ripple Labs. from Cointelegraph.com News https://ift.tt/31tOLG7 via IFTTT

Iowa House approves bill to legally recognize blockchain smart contracts https://ift.tt/2IUgeem

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The bill would give legal recognition to transfers and registrations made through blockchain smart contracts. from Cointelegraph.com News https://ift.tt/3wcWZAz via IFTTT

Ripple acquires stake in cross-border payments firm https://ift.tt/2IUgeem

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Ripple has agreed to acquire a 40% stake in cross-border payments firm Tranglo to further expand its ODL service in Southeast Asia. from Cointelegraph.com News https://ift.tt/3rATKiQ via IFTTT

Nifty News: NFTs go carbon-negative, top banker calls NFT investors gamblers https://ift.tt/2IUgeem

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Nifty Gateway is aiming to become carbon negative while BNP Paribas' CEO likens NFT investing to casino gambling. from Cointelegraph.com News https://ift.tt/3rtTGBG via IFTTT

Major Venezuelan Satellite TV Provider Enables Bitcoin and Other Cryptocurrencies Payments #Bitcoin https://ift.tt/2IUgeem

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Venezuelan customers from the biggest satellite TV provider in the country are now able to pay their monthly bills via cryptocurrencies. Simple TV announced it had enabled the feature to its over four million users, whose company was the replacement of Directv. Company Expects to Cut Dependency on Fiat Dollar According to the announcement, the provider arranged a partnership with Panamanian firm Cryptobuyer, and Simple TV’s landing page is now showing the option to pay via cryptos. Customers could send their payments in bitcoin ( BTC ), dash ( DASH ), litecoin ( LTC ), ethereum ( ETH ), binance coin ( BNB ), and binance dollar (BUSD). Also, users can also pay with Cryptobuyer’s native token, XPT. Simple TV, owned by a Chilean investment fund, offers over 300 TV channels from major networks, including ESPN, HBO, and Disney. With such addition, the satellite TV provider expects to “boost the usage of cryptocurrencies across Venezuela.” Jorge Farías, CEO of Cryptobuyer, told Contra...