BLOCKCHAIN NEWS

ALL BLOCKCHAIN NEWS

Bitcoin Transaction Fees Decline as Network Congestion Eases

After facing a heavy load of transactions earlier this month, bitcoin’s network has returned to a more normal level, recent developments suggest.

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TON Doesn’t Stand for ‘Telegram Open Network’ Anymore

Going forward, the abbreviation “TON” will stand for “The Open Network,” following the departure of the project’s original creator, Telegram. TON once stood for “Telegram …

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Bitcoin News Roundup for May 27, 2020

While the yuan weakens against the U.S. dollar, Coinbase makes an acquisition to grow its institutional trading infrastructure. It’s another episode of CoinDesk’s the Markets …

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After BTC Visits $8.6K, Crypto Traders Predict Bitcoin Price’s Next Stop

The price of Bitcoin dropped to $8,600 and is now fluctuating just above $9,000, showing high volatility as several factors make its next step unclear. …

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Goldman Sachs Butts Heads With Bloomberg Over Bitcoin

Goldman Sach starkly disagrees with Mike Bloomberg on cryptocurrency as an asset class worthy of investment interest. According to a leaked PowerPoint slide, Goldman Sachs, …

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CryptoKitties Creator Debuts NBA Game on Its Own Blockchain

Blockchain meets basketball in the newest game from Dapper Labs, the developers of CryptoKitties.

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Ledger, Trezor and Others: Hack Allegations Are Baseless, Lack Proof

Representatives of companies that were allegedly hacked strongly deny the allegations, stating that the exploit had been fixed years ago. According to a report by …

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CryptoKitties Creators Launch Token-Powered NBA TopShot in Beta

Dapper Labs — the creator of CryptoKitties — has launched its token-powered basketball game NBA TopShot in beta. Dapper Labs, the team behind the Ethereum-based …

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The Future of Digital Assets: Stepping Into the World of Mainstream Crypto

Let’s take a look at some of the possible use cases for crypto and blockchain in the forthcoming years and decades. Surely though, there is …

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Number of Bitcoins on Crypto Exchanges Hits 18-Month Low

The total amount of bitcoins held in cryptocurrency exchanges wallets dropped to an 18-month low just above 2.3 million on Monday, according to data estimates …

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Theta Confirms Google Partnership Amid Mainnet 2.0 Rollout

Google Cloud, Binance, Blockchain Ventures, and Gumi Cryptos have been announced as Enterprise Validators for the Theta network amid its mainnet 2.0 rollout. Esports and …

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Google Signs On as Network Validator for Blockchain Video Network Theta

Theta Labs also plans to further collaborate with Google’s artificial intelligence, machine learning and big data initiatives.

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Bakkt Physical Bitcoin Futures Beat Cash Ahead of Major CME Expiry

Volumes for Bakkt’s futures delivered in BTC are trumping fiat settlements as markets rise to fill a days-old CME gap. Bitcoin (BTC) futures platform Bakkt …

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Ripple CEO Says US Regulators Must Embrace Crypto or Fall Behind China

Brad Garlinghouse, the CEO of Ripple, has taken to Twitter urging U.S. regulators to get on board with cryptocurrencies, or risk losing global financial dominance …

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‘Focus on Retirement’: Crypto Custodian Rolls Out Hybrid IRA Offering

South Dakota’s Kingdom Trust is teaming with Kraken to offer a retirement savings platform where users can manage stocks, ETFs and crypto in one account.

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This Time It’s Official: Coinbase to Acquire Crypto Brokerage Tagomi

Coinbase is acquiring the prime cryptocurrency brokerage Tagomi as part of its evolving strategy for institutional investors. Major cryptocurrency exchange Coinbase is acquiring the Peter …

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$13B Custodian Launches Retirement Account Supporting Bitcoin

Kingdom Trust, a regulated custodian managing over $13 billion in assets, has launched a retirement account supporting both Bitcoin and legacy assets. Kingdom Trust, a …

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Bitcoin Retakes $9K — 3 Technical Reasons There’s Still Room to Run

The price of Bitcoin surges above $9,000 ahead of a Goldman Sachs client call about gold and BTC. The price of Bitcoin (BTC) surged above …

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Central Bank Digital Currencies Are Not a Replacement for Bitcoin: Grayscale

Leading Bitcoin fund manager Grayscale Investments explains in its recent report that viewing CBDC as a Bitcoin replacement is incorrect. Leading cryptocurrency fund manager Grayscale …

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First Mover: EOS Has Still to Prove Itself After Spiraling Down This Past Year

Nearly two years after EOS first launched, the so-called “ethereum killer” has been able to surmount some of the problems that have previously hamstrung it. …

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Report: High Remittance Fees and Unstable Rupee Drive Crypto Adoption in India

Indians are flocking to cryptocurrency due to high remittance fees and the difficulty of exchanging rupees to a more stable currency. A recent report highlights …

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Coinbase Buys Tagomi as ‘Foundation’ of Institutional Trading Arm

Crypto exchange Coinbase is finally acquiring Tagomi, a prime brokerage platform specializing in digital asset trading for institutional clients.

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Crypto Custodian BitGo Joins Race to Provide Prime Brokerage Services

BitGo is entering the prime brokerage space following the launch of its lending business, announcing a new entity to serve institutional traders.

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Ren Launches Tokenization Engine to Bolster Cross-Chain Liquidity

Ren has launched the RenVM, facilitating tokenized Bitcoin, Bitcoin Cash, and Zcash for use on the Ethereum ecosystem. Ren, a decentralized finance (DeFi) protocol with …

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BitGo Launches Full-Service Institutional Trading Platform, BitGo Prime

Major American digital asset financial services firm BitGo is releasing a new full-service trading platform designed for institutional investors. BitGo, a United States-based firm that …

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Slipping Yuan May be Good for Bitcoin Price, Past Data Suggests

With historical data suggesting an intermittent correlation, bitcoin traders may do well to keep an eye on the ongoing slide in the yuan, analysts say.

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Bitmain Confirms Ousting of Micree Zhan, Threatens Legal Action

Bitmain issued statements saying that Micree Zhan has been ousted and threatened him and employees supporting him with legal action for not complying. Mining equipment …

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TradeLens to Digitize India’s Largest Private Port Operator

Adani Ports and Special Economic Zone is set to utilize the IBM-Maersk platform to speed up processes after COVID-19 highlighted issues with the existing system.

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Brazilian Retailer Eyes Services for the Unbanked With Acquisition of FinTech Firm Airfox

Via Varejo snapped up the Boston-based firm to further its aim of providing financial services to millions of unbanked Brazilians.

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Vodafone to Connect ‘Billions’ of Energy Producing Devices Using Blockchain

Vodafone plans to link billions of distributed energy generating assets to grids using the Internet of Things and blockchain technology. Global telecommunications giant Vodafone has …

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Bitcoin ‘Hodl Wave’ Data Has Now Been Calling a Bull Run for 5 Months

Hodl waves show that over 60% of the supply has not moved for a year or more, something which historically has signaled price upside. Bitcoin …

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India’s Largest Private Port Operator Partners With Blockchain Platform TradeLens

India’s largest port operator APSEZ has partnered with IBM’s TradeLens platform to digitize its supply chain process. The largest multi-port operator of India, Adani Ports …

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As Theta Mainnet 2.0 Launches, What’s Behind its Massive Rally?

In the run-up to Theta’s mainnet 2.0 launch, some high-profile partnerships have fueled four-figure percentage gains for Theta’s tokens since March. Crypto-powered Esports streaming app …

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EMusic Launches Token to Help Artists Earn More

Digital music store eMusic launched its eMU token to help musicians earn more royalties. Pioneering digital music store eMusic has launched its eMU token to …

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Pandemic Highlights Inefficient Systems: Blockchain Can Help

The Global Blockchain Business Council believes the pandemic has shone a light on many systemic inefficiencies that blockchain technology can solve. The Swiss-based non-profit blockchain …

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1000 Corporate Systems Infected With Monero Mining Malware

Thousands of enterprise computers have been infected with a cryptojacking malware that installs a Monero mining app. The Blue Mockingbird malware gang has infected more …

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Bitcoin Price Caught Between Key Support Levels as Bearish Sentiment Grows

Bitcoin price is struggling to reclaim $9,000, leading investor sentiment to turn bearish on BTC’s short-term price action. Bitcoin (BTC) price had a relatively muted …

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WeChat Invests $70 Billion in Fintech, Including Blockchain and AI

Tencent Holdings aims to bolster blockchain technology development across China as part of a $70 billion investment in fintech. Chinese tech giant Tencent Holdings will …

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After Spiking to February 2018 Levels, Bitcoin Fees Have Dropped 54%

The average Bitcoin fee has fallen by nearly 54% over the last five days, but some believe network congestion could push users to altcoins. After …

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New Crypto Bull Run ‘Inevitable’ Says Data Analytics Company CEO

A new crypto bull run could be on its way as a result of government economic measures and mainstream interest. After two years of uncertainty …

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Private Firms Can Boost Central Bank Digital Currencies, IMF Official Says

Synthetic CBDCs could let the private sector manage digital currencies backed by central banks, says the IMF’s Tommaso Mancini-Griffoli.

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Market Wrap: Bitcoin Can’t Stick to $9,000 While Stocks Rally

While bitcoin has been trending lower, Tuesday’s big winner in the markets are equities.

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Cameron Winklevoss on Crypto Regulation: “Free-for-Alls Don’t Work”

The Winklevoss twins believe crypto regulation and customer freedom can meet in the middle. Known for their regulation-friendly outlook within the crypto industry, Gemini exchange …

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Industry Leaders Battle over the Future of Crypto in New Documentary

New documentary reflects on the competing narratives shaping the crypto industry. In his new documentary “Cryptopia: Bitcoin, Blockchains and the Future of the Internet” award-winning …

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Polkadot Mainnet Not Yet Live, Just a Mainnet Candidate

Time will tell if the network will cement its dominance. Polkadot (DOT) launched a stand-alone blockchain today, although the network is not considered the project’s …

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New Tipbot Uses Cryptocurrency to Incentivize People to Answer Questions

It’s designed to capture attention from high-profile people that others want to hear from. A new kind of cryptocurrency tipbot allows users to pay others …

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Binance Futures Traders Long BTC and Altcoins, Even as Bitcoin Price Falls

Despite Bitcoin’s bearish price action, top traders on Binance Futures are aggressively longing cryptocurrencies, including Bitcoin and Ethereum. The majority of top traders on Binance …

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Was Satoshi a Windows or Mac Guy? We Have the Answer

Early Bitcoin developer Laszlo Hanyecz sheds light on a burning question: which operating system did Satoshi Nakamoto use to create Bitcoin? Most know Laszlo Hanyecz …

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Korean Tech Giant LG Is Developing a Blockchain Identity System With a US Firm

Decentralized identity solutions might be blockchain’s killer app. LG has partnered with United States-based company Evernym to develop blockchain ID technology. Asian financial news outlet …

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Deglobalization and Other Narrative Violations, Feat. Geoff Lewis

In a world where conventional wisdom has never been more up for grabs, one VC explains why there is opportunity in alternative narratives.

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Look to Design, Not Laws, to Protect Privacy in the Surveillance Age

In the smart home era, we need to take privacy protection into our own hands, says the co-founder of IoTeX. Privacy laws won’t help us.

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