Monthly Archives: September 2020

Blockchain gaming takes a colossal step forward as media giant announces new offering

You’ve definitely heard of this major media player. Multinational media and entertainment conglomerate, WarnerMedia, is joining the blockchain gaming ecosystem via its subsidiary, Turner Sports. The company, which is responsible for sports broadcasts on channels such as TBS, TNT, and TruTV among others, recently announced “Blocklete Games”; a platform which will allow players to collect, train, trade, and compete with digital athletes while earning cash prizes. This is all made possible through the implementation of non-fungible tokens, or NFTs — crypto tokens that are each verifiably unique, […]

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Price analysis 9/16: BTC, ETH, XRP, DOT, BCH, BNB, LINK, CRO, LTC, BSV

Bitcoin and a few altcoins have broken above key resistance levels, which suggests that the bulls are attempting to take control of the market. This week MicroStrategy, a Nasdaq-listed company, announced that it had added 16,796 Bitcoin (BTC) to its existing holding of 21,454 Bitcoin. This means in less than a year the firm has amassed 38,250 Bitcoin. This is a defining moment as MicroStrategy becomes the first public company to adopt a Bitcoin standard.  Other large companies may follow in MicroStrategy’s footsteps but they are likely […]

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South Korean gov pledges to bring blockchain voting into people’s homes

Blockchain could soon be integrated into South Korean apartments. The Blockchain frenzy in South Korea has now reached the housing sector, with the national government pledging $1.27 million in funding for a blockchain-based platform that targets apartment residents across the country. According to ZDNet Korea, the South Korean Ministry of Science, or ICT, chose a local firm, Ksign, to develop a contact-free platform which will let residents engage with electronic voting, parking space management, and other housing-based governance measures. The platform will also aid with social distancing, […]

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You can now send email right from your Ethereum address

Sign your email with a private key, just like in the good old days. Unstoppable Domains has introduced a new feature — Unstoppable email. Now anyone who owns a domain with a .crypto extension can send email signed by the Ethereum (ETH) private key that controls it. This is reminiscent of how the old cypherpunks used to sign their emails with PGP keys. In the 1990s, an early Bitcoin (BTC) adopter Hal Finney helped develop Pretty Good Privacy or PGP, which allowed users to encrypt various digital […]

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Ripple CEO criticizes India’s looming crypto ban

‘Disappointing to see India flip-flop on crypto,’ Garlinghouse stated. Indian government officials are reportedly planning to discuss a new bill whose legal framework would ban cryptocurrencies on the subcontinent.  According to a Sept. 15 report from Bloomberg, the Indian federal cabinet is considering a law banning crypto six months after courts lifted a blanket ban. Anonymous sources claimed that the Indian government would encourage the development of blockchain technology, but not cryptocurrency trading. In response, Ripple CEO Brad Garlinghouse called the decision “disappointing,” stating that cryptocurrency had […]

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Hydra’s ‘Complex Drug Delivery System’ in Russia Overshadows Western Darknet Markets

On September 14, the blockchain analysis firm Chainalysis reported on the infamous Russian darknet marketplace (DNM) known as Hydra and noted the DNM is Eastern Europe’s “sixth-largest service by volume in the region.” Moreover, the report also reveals that Hydra has created a “complex drug delivery system” inside Russia and throughout various countries in Europe as well. Russia’s Hydra Market: The 6th Largest Crypto Service by Volume in Eastern Europe At the end of August, the darknet marketplace (DNM) community said goodbye to the Empire Market, which […]

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Fed expects near 0% interest rates for years, potentially boosting BTC’s value proposition

Bitcoin keeps looking better and better each time the U.S. devalues its own currency. The U.S. Federal Reserve’s game plan going forward includes short-term interest levels between 0% and 0.25%, as decided by Fed brass in a Sept. 15 and 16 gathering.  The independent body plans to maintain low interest rates in order to increase inflation, based on a Sept. 16 report from CNBC. Such news shines a light on Bitcoin as a store of value. The blockchain-based currency is largely immune to such actions, as it […]

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Programmable money: How crypto tokens could change our entire experience of value transfer

Covid-19 stimulus payments “could have been done in a few seconds, at no (distribution) cost. It would have been a no-brainer.” Programmable money (PM) is in the air. It may be the next stage in the evolution of money. And it could be as disruptive as any financial technology in development today. Yes, China is close to launching the first central bank digital currency (CBDC) at scale perhaps within the next 12 months but if so it will be eclipsed before the decades end by CBDC 2.0, […]

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Bitcoin will continue appreciating, although at a slower pace than in the past, Bloomberg analyst explains

According to senior commodity strategist at Bloomberrg Mike McGlone, Bitcoin’s limited supply and increasing adoption will lead to steady, although gradual, appreciation. Mike McGlone, Senior Commodity Strategist at Bloomberg, is convinced Bitcoin will continue to appreciate thanks to its fixed supply coupled with increasing demand.  “I don’t see what [could] make it stop doing what [it’s] been doing for the last 10 years. And that’s going up”, he told Cointelegraph in a recent interview.  McGlone sees Bitcoin’s capped supply as the main feature. He said that this […]

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Kind of a big dill: Pickle.Finance TVL exceed $347M in 4 days

Investors are salivating for pickles after DeFi protocol Pickle.Finance locked $347 million in it’s liquidity pools. Food-related DeFi projects have slowly taken over crypto in the last quarter, with many of these projects suffering from contentious issues, like the Uniswap fork, SushiSwap’s vampire attack, and the market dump of $13 million worth of Ether (ETH) by lead developer Chef Nomi.  Then there’s the infamous Hotdog DeFi meme coin which dumped 99.9% hours after listing. These quick pump and dump style projects have the capacity to give DeFi […]

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