BLOCKCHAIN NEWS

ALL BLOCKCHAIN NEWS

At least 3 nations to replace their currency with CBDC by 2030: report

The digital yuan will not unseat the U.S. dollar — at least not right away. Three to five nations worldwide will entirely replace their fiat …

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Security Firms Warn of Potential DeFi Exit Scam After $2.5M in ‘Locked’ Cryptos Moved

Two blockchain security firms have warned that the creators of a DeFi contract on the EOS network may have fled with users’ funds.

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Bangladesh to get its first blockchain remittance service

Standard Chartered Bank has launched the first remittance service in Bangladesh. The South Asian nation of Bangladesh will soon get its first blockchain remittance system …

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NFT market’s RARI token sees 100% gain after CoinFund investment

NFT marketplace Rarible has received an undisclosed investment from CoinFund amid a transition to community governance New York-based crypto investment firm CoinFund has made an …

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A recap of last week’s ‘DeFi Marathon’ hosted by CT China

China looks into DeFi. Cointelegraph China’s DeFi Marathon invited global DeFi projects, venture capitalists, and influential individuals to join a three-day online decentralized finance themed …

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Bangladesh to get its first blockchain remittance service

Standard Chartered Bank has launched the first remittance service in Bangladesh. The South Asian nation of Bangladesh will soon get its first blockchain remittance system …

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Alameda Research Co-Leads $1.8M Seed Round for DeFi Protocol Linear Finance

NGC Ventures, Hashed, CMS Holdings, Genesis Block and Kenetic Capital also led the round.

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Court Denies Bitmain $30M in Damages From Co-Founders of Rival Poolin

A court in China has denied an appeal by bitcoin mining giant Bitmain seeking $30 million in damages from the three co-founders of mining pool …

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NFT market’s RARI token sees 100% gain after CoinFund investment

NFT marketplace Rarible has received an undisclosed investment from CoinFund amid a transition to community governance New York-based crypto investment firm CoinFund has made an …

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A recap of last week’s ‘DeFi Marathon’ hosted by CT China

China looks into DeFi. Cointelegraph China’s DeFi Marathon invited global DeFi projects, venture capitalists, and influential individuals to join a three-day online decentralized finance themed …

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US lags behind Russia and China for crypto adoption: Chainalysis

Ukraine beats Russia, China, and more in adoption metrics according to new research from Chainalysis. Recent data published by Chainalysis revealed a surprising first place …

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Remember, remember Bitcoin tanks in September: Kraken report

Kraken predicts that Bitcoin will produce a negative performance for September before returning to ‘aggressive volatility’ In its August 2020 volatility report, U.S.-based cryptocurrency exchange …

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Jackpot! User turns $200 into $250K thanks to a buggy DeFi protocol

An anonymous user managed to net a profit of $250k from a $200 outlay due to a flaw in a DeFi protocol clone’s rebase code. …

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Glassnode report suggests the fair value of SUSHI is just 31 cents

Research into Sushi prices and economics indicate it is still overvalued and unlikely to reach its all-time high again. Research by on-chain analytics provider, Glassnode, …

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‘Massive moment’ as first ever DLC smart contract deployed on the Bitcoin mainnet

Crypto users can now use DLCs on the Bitcoin mainnet. Two crypto enthusiasts just made a $10,000 Bitcoin bet on the next US president using …

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Jackpot! User turns $200 into $250K thanks to a buggy DeFi protocol

An anonymous user managed to net a profit of $250k from a $200 outlay due to a flaw in a DeFi protocol clone’s rebase code. …

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Venezuela Blocks Access to Coinbase and Remittance Service MercaDolar

Venezuela has blocked access to Coinbase and MercaDolar, cryptocurrency and fiat remittance platforms respectively, alongside two VPN providers.

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Glassnode report suggests the fair value of SUSHI is just 31 cents

Research into Sushi prices and economics indicate it is still overvalued and unlikely to reach its all-time high again. Research by on-chain analytics provider, Glassnode, …

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NYAG Asks Court for New Order to Make Bitfinex Turn Over Tether Loan Documents

The New York Attorney General’s office wants Tether and Bitfinex to immediately turn over documents detailing a $900 million line of credit.

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Most New Customers at Japanese Exchange BitFlyer Are in Their 20s

More than 30% of new customers at bitFlyer, a major Japanese crypto exchange, are in their 20s, the exchange said.

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‘Massive moment’ as first ever DLC smart contract deployed on the Bitcoin mainnet

Crypto users can now use DLCs on the Bitcoin mainnet. Two crypto enthusiasts just made a $10,000 Bitcoin bet on the next US president using …

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DeFi goes boom as top tokens crash by 50% in one week

The recent crypto market crash has wreaked havoc on DeFi tokens, with with 95% of DeFi assets posting a seven-day loss The decentralized finance (DeFi) …

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Crypto meetups are dangerous to health and wealth, South Koreans warned

The warning is not just because of the coronavirus pandemic. The government of South Korea has issued warnings to the public to avoid real life …

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Brave browser adds new tricks to protect crypto users from phishing attacks

The privacy-based browser is adding anti-phishing solutions from PhishFort. According to a Sept. 8 tweet from Brave, the privacy-based browser has incorporated open source solutions …

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No, a quantum computer won’t instantly reward you with 69,000 Bitcoins … yet

The latest quantum computer may not help unlock lost Bitcoin — at least, not yet. A Bitcoin wallet with nearly $700 million is up for …

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Arca to Gnosis: Show Us a Turnaround Plan or Give Investors’ Money Back

In addition to wads of cash and the aura of respectability, institutions are bringing Wall Street’s activist investing strategies to crypto markets.

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Dave Portnoy shrugs off $700K stock loss, weeks after crying over $25k Bitcoin dump

Davey Day Trader is down almost $1 million in stocks today. Dave Portnoy, Barstool Sports’ founder, admitted he lost $700,000 trading stocks on Sept. 8, …

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‘Struggling’ Bitcoin sets a new all-time hashrate record, breaking the 150 TH/s plateau for the first time

“In Bitcoin we trust”, say miners unfazed by the market. Bitcoin’s price decreased by $2,000 in the past few days, yet the network’s hashrate has …

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Crypto Investors Have Ignored Three Straight 51% Attacks on ETC

Three 51% attacks on the Ethereum Classic network have not yet made a significant impact on the price of its cryptocurrency.

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LedgerX exchange launches physically settled Bitcoin mini futures

Regulated Bitcoin futures exchange LedgerX has launched physically-settled BTC futures contracts. LedgerX, a regulated futures exchange in the U.S., has introduced physically-settled Bitcoin (BTC) futures …

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Market Wrap: Bitcoin Hangs Around $10K; Locked DeFi Value Drops

Bitcoin price saw little action on Tuesday. Meanwhile, the value of crypto locked in DeFi has gone down for the first time.

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What Is Yearn Finance? The DeFi Gateway Everyone Is Talking About

Some $650 million has poured into Yearn.Finance since mid-August. Can Yearn and its YFI token be the mass-market gateway to DeFi?

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Morgan Stanley exec says this demographic prefers Bitcoin over gold

“Millennials are buying more of the Bitcoins and the cryptocurrencies,” says Ruchir Sharma. According to a Morgan Stanley executive, the young and adventurous usually go …

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Creator leaves SushiSwap in hot water as multisig revival is on the menu

SushiSwap’s community will take charge of the platform once it completes its migration to a multisignature contract from Uniswap. The high-risk environment around the decentralized …

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CoinDesk 20 Update: OXT Is In, BAT Is Out

The CoinDesk 20 has made its first change since launching in July: Orchid (OXT) has replaced the Basic Attention Token (BAT).

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Why Bitcoin Investors Aren’t Worried About This Price Pullback

Critiques of correlation between bitcoin and equities miss the fact that bitcoin adoption within traditional markets has been driven by a fiat collapse concern.

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Maker seemingly gives up on Dai peg as interest rates are raised above 0%

It seems zero interest rates were not enough to keep DAI stable. A MakerDAO (MKR) governance proposal enacted on Tuesday set interest rates on most …

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Banks Are Toast but Crypto Has Lost Its Soul

In becoming a high-risk, high-yield playground for dollar investors, the cryptocurrency world sold its soul, says our columnist.

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“It’s about to get very interesting” says Bitcoin stock-to-flow model creator

As if 2020 didn’t already have folks on the edge of their seats. PlanB, the man behind the widely-referenced stock-to-flow Bitcoin (BTC) value charts, described …

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DeFi’s Good, Bad and Ugly

Have we forgotten the ICO craze and how long it took to revitalize the crypto industry’s image?

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Band Protocol denies any role in the mysterious origins of SushiSwap

Band Protocol may share hosting with SushiSwap, but so do hundreds of others. Following the sudden exit of SushiSwap’s anonymous founder, many users have begun …

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Semantic debate may account for Wladimir van der Laan’s Bitcoin Core departure

When determining consensus in the blockchain community, right and wrong isn’t always “Black” and “White”. On September 7, Bitcoin Core developer Wladimir van der Laan tweeted …

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How to analyze crypto tokens properly before investing

The only way you can protect yourself and analyze crypto tokens properly is by exercising caution to the best of your ability. If you ask …

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Cointelegraph promotes Jay Cassano to CEO, Jon Rice takes over as editor-in-chief

Cointelegraph has new leadership as the world’s largest blockchain-focused media outlet promotes from within. Jay Cassano, Cointelegraph’s editor-in-chief, has accepted the role of CEO at …

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These 3 key indicators signalled Bitcoin price reached a $12K top

Bitcoin’s dominance rate dropped to a 14-month low before last week’s double-digit correction, possibly a sign that the market was overheating. Last week’s Bitcoin (BTC) …

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Bitcoin Mining Equipment Maker Canaan Sets $10M Buyback Program

The board of directors of bitcoin mining manufacturer Canaan approved a buyback program Monday for its lagging shares.

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Fortnite creator attacks Google’s chokehold on Android market in lawsuit over V-Bucks payments

New documents in Epic Games v. Google show the gaming company attacking Google for misusing the Android ecosystem — once touted for its openness — …

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Blockchain Bites: Is DeFi an Inside Deal?

SushiSwap’s creator cashed out, BTC options traders remain bullish and data indicates people are “buying the dip.”

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Bitcoin News Roundup for Sept. 8, 2020

With investors buying the bitcoin dip and staying bullish on options, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

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Visa Adds Crypto Lender Cred to Fast Track Payments Program

Decentralized lending platform Cred is the latest crypto firm to join Visa’s Fintech Fast Track Program with the goal of scaling faster.

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Diginex Raises $20M Ahead of SPAC Listing on Nasdaq

Diginex, the firm behind the newly launched EQUOS.io crypto exchange, has raised $20 million ahead of an anticipated Nasdaq listing later this month.

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