Monthly Archives: October 2020

Fans voting with tokens pick a winning team

Fans chose the formation and the attacking lineup through blockchain. Then they won. Fans truly know the team best. A football team in Cyprus won against its rivals after it allowed fans to use blockchain technology and fan tokens to vote on its match lineup and formation, taking fan engagement to a new level.  Apollon FC, using fan token platform Socios.com, won in a friendly match against rivals Aris Limassol, Socios said in a post. Apollon won six goals to zero.  With Socios, fans of Apollon who […]

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Data encryption a threat to fighting child sexual abuse, says DOJ

The department, along with other international agencies, alleged end-to-end encryption can create “severe risks to public safety.” The U.S. Department of Justice has released an international statement claiming that end-to-end encryption “poses significant challenges to public safety,” including sexually exploited children.  In an Oct. 11 statement from the DoJ, the agency called on technology companies to work with the government to find a solution for strong data encryption with the means to allow the investigation of illegal activity and content. The department stated end-to-end encryption that hindered […]

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Top 5 cryptocurrencies to watch this week: BTC, XRP, ADA, XMR, ATOM

Bitcoin price could achieve a new 2020 high if bulls hold the price above the key multi-year resistance at $11.5K. In the past three years the U.S. Securities and Exchange Commission has shot down several applications for a Bitcoin (BTC) exchange-traded fund. This dashed hopes of many investors who believed Bitcoin price would rally higher if an EFT was approved.  Although investors no longer pin BTC’s future on the existence of an ETF, regulators could eventually adjust their anti-crypto stance in the future. In an interview with […]

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Bitcoin rallies, McAfee compares prison to Hilton, digital yuan airdrop: Hodler’s Digest, Oct. 5–11

The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Sunday, Hodlers Digest tracks every important crypto news story from the previous week. Essential reading for all Hodlers!   Top Stories This Week   $12,000 Bitcoin price back on the table after BTC rallies above $11,400 At last. Bitcoin rallied to $11,448 on Friday, finally breaking above the symmetrical triangle where the price had been compressing for the past 30 days. Earlier […]

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6 Stimulus Packages Have Been Proposed to Provide Second Direct Payments to Americans

Six stimulus packages have been proposed to provide second stimulus checks for Americans. The latest proposal came from the White House on Friday. Several stimulus bills are being discussed as Americans hope to soon receive another round of direct payments to help them through the coronavirus pandemic-led economic crisis. 6 Stimulus Packages Proposed With Second Round of Stimulus Checks Americans are waiting for Congress to pass a stimulus package with direct payments as many are suffering due to the coronavirus-led economic crisis. Since the CARES Act provided […]

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Group raising funds to sue Andre Cronje over EMN hack

Cronje may have gone silent on Twitter, but it hasn’t stopped people from trying to sue him for the EMN hack. A group of investors is crowdfunding a lawsuit against Yearn.finance (YFI) founder Andre Cronje over the unreleased and unfinished Eminence (EMN) protocol and its hack. In a post, the group EMN Investigation said it is raising money to sue Cronje, Yearn developer ‘banteg,’ and Twitter user and Yearn supporter Blue Kirby. The group said 100% of the donations would be used to finance the lawsuit. Crowdfunding […]

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More investors HODL Bitcoin in anticipation of a 2021 BTC bull market

On-chain data shows a rise in HODLing among retail Bitcoin investors who expect BTC to rally in Q1 2021. New data shows Bitcoin’s (BTC) current price action is showing higher levels of ‘HODLing’ activity than previous bull cycles. According to on-chain analyst Willy Woo, an indicator called “reflexivity” has been increasing in recent months. Woo explained that the indicator measures Bitcoin investors’ tendency to hold onto their BTC as its price rises. It’s essentially an alternative way to gauge the HODLing activity of retail investors. Bitcoin market […]

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Spanish lawmakers get cryptocurrency in a bid to promote industry

All 350 members of Spain’s lower house got 1 euro equivalent in cryptocurrency, and it’s not a donation. Members of Spain’s lower house of Congress saw a surprise in their inboxes, the equivalent of 1 euro in crypto. As reported by Spanish news outfit ABC, the plan is spearheaded by Tutellus, a decentralized platform looking to tokenize education technology, and the Blockchain Observatory. The project aims to promote the use of cryptocurrencies in the country.  All 350 members of Spain’s lower house, or the Congress of Deputies, […]

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$12M in ‘Satoshi Era’ Bitcoins Move: 21 Block Rewards from 2010 Spent After a Decade of Slumber

On early Sunday morning around 1:38:02 a.m. (New York time), approximately 20 blocks with coinbase rewards from 2010 were spent in one block. 1,000 BTC was then consolidated into a single address before moving again. The massive movement of the decade-old ‘sleeping’ bitcoins was caught by an onchain transaction parser and the coins were spent in block 652,204. Miner Spends 21 Blocks from 2010 Following the Same Pattern That Happened the Day Before Black Thursday Similar to the big move the day before March 12, the miner […]

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NFT and crypto art can magnify the truth of our reality without censorship

There are already enough signs to say that the crypto art market will pretty soon be shaped just like the traditional contemporary market. Earlier this month, Christie’s auction house announced the sale of a digital portrait of the Bitcoin code for more than $130,000 when the first estimated price was $12,000–$18,000. It was the first time a nonfungible token was auctioned at one of the major auction houses for traditional art. One of the last events, Bridge to Metaverse, presented by Snark.art, showed tokenized artworks by both […]

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