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Venezuelan Buys Apartment Using Tether as Real Estate Market Warms Up to Crypto
17.8.2021
A Venezuelan individual has reportedly purchased an apartment using cryptocurrency, specifically Tether, in the coastal state of Anzoategui last month. This is one of the first purchases of real estate with crypto that has been recorded in the country, but more properties are listed as accepting...
Former Zcash Developer to Lead Twitter’s Decentralized Social Media Project Bluesky
17.8.2021
On December 11, 2019, the CEO of Twitter announced the company was funding a project aimed at creating a decentralized social media standard. Jack Dorsey said that the ultimate goal of the project dubbed “Bluesky” is for Twitter to be a client of the standard. A year and eight months...
Bitcoin and Ethereum Dip While Polkadot and Solana Rally
17.8.2021
Bitcoin price made another attempt to surpass the USD 48k resistance. However, the bulls failed to gain strength, resulting in a drop below USD 47k. BTC even traded below USD 46,500 and it is currently (04:00 UTC) showing a few bearish signs.
Similarly, most major altcoins are correcting gains....
Finder’s Expert Panel Suggests Litecoin’s Price to Spike More Than 40%, $266 per LTC by Year’s End
17.8.2021
The product comparison website Finder has published a report that polled 42 financial technology (fintech) specialists and found the average forecast from the group indicates they believe the crypto asset litecoin will be worth more than $200 by the end of 2021. The crypto asset launched by Charlie...
Ethereum, Bitcoin, Cardano Are Most Popular Cryptocurrencies in Singapore: Study
17.8.2021
A new study shows that ethereum is the most popular cryptocurrency among more than 4,000 adults surveyed in Singapore. The second-most popular crypto is bitcoin, followed by cardano. Singapore-Based Crypto Investors Prefer Ethereum, Bitcoin, Cardano The new 2021 State of Crypto in Singapore,...
Bitcoiners Remind World of 'Temporary' Gold Window Suspension
17.8.2021
Over the weekend, some members of the Bitcoin (BTC) and crypto community have commemorated the 50th anniversary of the US “temporary” gold window suspension, aka the Nixon shock, by making the 'WTFhappenedin1971' hashtag a trending topic on Twitter - with some calling it the 50th anniversary of...
Bank of America Sees Long Road Ahead for Coinbase to Become the ‘Amazon of Crypto Assets’
17.8.2021
Bank of America has initiated coverage of Coinbase Global. The bank has identified several factors that could boost Coinbase’s revenue. Regarding the crypto exchange’s plan to become “the Amazon of crypto assets,” Bank of America says it is “still in very early stages...
Teacher ‘Treatened Pupil with Weapon’ After Suffering Bitcoin Losses
17.8.2021
Source: AdobeStock / c_atta
A South Korean school teacher who asked their students to invest in bitcoin (BTC) for them went on to threaten one of their teenaged students with a weapon after token prices began to fall.
Per Chosun, the teacher in question, an unnamed 48-year-old head of a private...
Analysts say $46,500 is the key level for Bitcoin to flip to support
16.8.2021
Bitcoin’s fundamentals remain strong but analysts pinpoint $46,500 as the key level to reclaim as support in order to preserve the current uptrend
White Paper Published by Microsoft Describes an Ethereum-Based Tool to Combat Pirated Content
16.8.2021
Researchers from Microsoft, Alibaba Group, and Carnegie Mellon University have published a paper that claims the Ethereum network can help prevent piracy. The paper, called “Argus: A Fully Transparent Incentive System for Anti-Piracy Campaigns,” describes how Argus is superior...
Samsung to Aid Bank of Korea in Central Bank Digital Currency Pilot Program
16.8.2021
Samsung, the Korean tech giant, has decided to participate in a central bank digital currency (CBDC) program that is being carried out by the Bank of Korea. The company will be testing the feasibility of using these new instruments in its lineup of Galaxy phones, specifically assessing...
Traders seek hefty gains from altcoins while Bitcoin price consolidates
16.8.2021
SOL, PRE and AR rallied more than 30% while Bitcoin price continues to consolidate around $46,000
Axie Infinity Token Climbed 56% This Week, AXS Joins Top 50 Most Valuable Crypto Projects
16.8.2021
The price of the axie infinity tokens otherwise known as “shards,” has continued to skyrocket in value capturing fresh new price highs. The asset is changing hands for 10% lower than the all-time high (ATH) captured five days ago reaching $75.73 per unit. Axie infinity’s market...
Microsoft Blockchain Study, Walmart Crypto Job, Samsung & CBDC and More News
16.8.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Computing giant Microsoft has done a study of a blockchain-based incentive system to bolster anti-piracy campaigns in a paper, dubbed...
US Government Now Offers Informants Crypto Rewards in Addition to Bank Wires, Suitcases Full of Cash
16.8.2021
Attendees of the Black Hat hacker conference in Las Vegas were introduced to a new advertisement crafted by the U.S. State Department. According to individuals who accessed the government advertisement via an open Wi-Fi network called “#Rewardsnotransoms” they discovered the U.S....
Retail Giant Walmart Hiring ‘Cryptocurrency Lead’ to Develop Digital Currency Strategy and Products
16.8.2021
Walmart, the world’s largest retailer, is hiring a “digital currency and cryptocurrency product lead.” The company says it “enables broad set of payment options for its customers” and is developing a “digital currency strategy and product roadmap.” Walmart...
Centric Completes Migration to Binance Smart Chain
16.8.2021
PRESS RELEASE. After two-and-a-half years on the TRON blockchain, cryptocurrency project Centric completed their migration to the Binance Smart Chain (BSC). Centric announced the decision to migrate in May. Later that month, cybersecurity firm iosiro completed an audit of the updated BSC smart...
Bitcoin and Ethereum Trade In Range, Altcoins Rally
16.8.2021
Bitcoin price remained strong above the USD 46,500 support zone. BTC is currently (11:45 UTC) trading in a range below the USD 48,000 resistance and it could aim for more upsides. In the stated scenario, the bulls might attempt a test of the USD 50,000 resistance.
Besides, most major altcoins...
Blockchain Entrepreneur to Regulators: ‘Crypto Community a Useful Ally’
16.8.2021
To many people, the year 2020 will probably go down in history as one of the most consequential of the century. After all, it was the year when governments, health professionals, and business owners all seemed to have a common goal: stopping the spread of Covid-19 at all costs. Indeed, in...
Ether is more popular than Bitcoin in Singapore, new study finds
16.8.2021
Almost four in five Singaporean crypto holders own Ether, followed by Bitcoin, Cardano and Binance Coin