Arrington Capital-backed RedStone launches Bitcoin staking oracles
Without Bitcoin staking oracles, BTC-based liquid staking tokens can be only used to provide liquidity on DEXs, according to RedStone co-founder Marcin Kaźmierczak.
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Bitcoin Breaks $9,300 as US Stock Market Sees Minor Downturn
Monday, June 17 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) passed the $9,300 mark again.Market visualization courtesy of Coin360Bitcoin is currently up about 2.69% on the day, trading around $9,341 at press time, according to Coin360. Looking at its weekly chart, the…
Monero Futures Begin Trading on Dubai-Based Crypto Exchange
Dubai-based multi-currency and spot/futures exchange, BTSE, unveiled its Monero (XMR) futures trading, Oct. 31. The move makes it one of the first and only exchanges offering futures contracts on the privacy-focussed cryptocurrency.Bucking the trend of exchanges delisting privacy-focused coinsBTSE is a relatively unknown, low-volume exchange that is licensed by the Department of Economic Development, Government…
Robinhood accumulated $3B in Bitcoin in 3 months — What does this mean for markets?
In a swift and intriguing turn of events, a previously enigmatic Bitcoin (BTC) address managed to catapult itself to the esteemed position of the third-largest holder of BTC. As reported by Cointelegraph on Aug. 22, the address in question accumulated a staggering 118,000 BTC.While its identity has now been attributed to Robinhood, questions still linger,…
Africa Using Blockchain to Drive Change, Part Two: Southern Solutions
With pundits like Twitter CEO Jack Dorsey predicting that Africa “will define” the future of Bitcoin (BTC), cryptocurrency and blockchain technology continue to attract interest from both public and private establishments across the continent. Many of these adoption cases have been moving beyond finance, developing solutions targeted at issues like unemployment, identity management, health care and supply…
Crypto poses imminent threat to financial stability: Bank of England Deputy Governor
Bank of England's Sir Jon Cunliffe has urged British lawmakers to think “very hard” about the disruption integrating cryptocurrency with traditional finance could wreak. 1181 Total views 18 Total shares Sir Jon Cunliffe, the Deputy Governor for Financial Stability at the Bank of England (BoE) crypto may pose an imminent threat to the traditional financial…
SEC opposes Richard Heart’s bid to dismiss $1B securities lawsuit
The SEC hit back at Richard Heart’s bid to dismiss its lawsuit, claiming it has sway over him as his alleged illicit securities sales targeted the US.
Japan-based crypto exchange DeCurret plans to sell to HK’s Amber Group: report
According to the Nikkei report, the crypto exchange was unable to compete with major companies including BitFlyer and Coincheck and “profits were tapering.” 70 Total views 21 Total shares The holding company behind DeCurret, the Japan-based company offering trading and exchanges of digital assets, reportedly plans to sell its crypto business to investment platform Amber…
Winklevoss’ Gemini exchange to count crypto taxes in real time
TaxBit’s tool will allow Gemini customers to increase their tax refund. 1090 Total views 20 Total shares American cryptocurrency exchange Gemini is partnering with tax compliance firm TaxBit to help its customers treport their crypto taxes with TaxBit’s Tax Center Suite solution.Tyler Winklevoss, CEO of Gemini exchange, said that TaxBit’s software will help reduce the…