Bitcoin Drops Below $7K as Traditional Markets Flatline

Sep 22, 2020 at 19:30 UTCCryptocurrency industry advocacy group the Blockchain Association bolstered its board Tuesday with members from 0x, the Stellar Development Foundation and Kraken. Decentralized finance and regulatory precedence are some hallmarks of the association's new board members. 0x powers a decentralized exchange, Stellar maintains the Stellar ecosystem and Kraken is a crypto…

Cryptocurrency storage provider Zodia Custody said it will offer crypto staking to institutional clients through an agreement with infrastructure provider Blockdaemon.The two firms are attempting to capture the growing institutional interest for staking – the process of offering digital assets to help run a blockchain network in return for rewards – according to an emailed…

news Someone in South Korea appears to be trying to take advantage of Samsung’s blockchain efforts by nabbing the “Samsung Coin” trademark. According to filings with the Korean Intellectual Property Office (KIPO), an application to register the trademark in both English and Korean was submitted on July 10 by an individual called Kim Nam-jin. The…

Bitcoin is trading above $70K, while Ether was above $3600 on Monday.Bitcoin halving event keeps options volatility high while perpetual futures funding rates remain inflated.Bitcoin (BTC) and ether (ETH) began the trading week fairly flat, as many major financial centers around the world remained closed for the long easter weekend.At the time of writing, bitcoin

Payments giant Mastercard has released a platform that allows central banks to test how proposed central bank digital currencies (CBDCs) would work in real life. Mastercard announced Wednesday it had launched a virtual testing environment that can simulate issuance, distribution, and exchange of CBDCs between banks and financial service providers, as well as end-consumers purchasing…

news The departure of Digital Asset Holdings CEO Blythe Masters isn’t slowing down the Australian Securities Exchange’s (ASX) plans to roll out a distributed ledger-based settlement system, according to the firm. Peter Hiom, deputy CEO of the ASX, told CoinDesk through a spokesperson that Masters’ departure would not impact its plans to roll out a…

Jan. 11: AOFverse, a prominent mobile gaming studio, secured a "significant" grant from Arbitrum Foundation, according to the team: AOFverse plans to innovate mobile gaming with blockchain tech, emphasizing Web3 integration and user education. Their game Army of Tactics is gaining popularity with over 4 million TikTok followers. The AFG token enhances community engagement. This

The Consumer Price Index (CPI) rose 0.2% in July, in line with economist forecasts for 0.2% and steady from 0.2% in June. On a year-over-year basis, CPI inflation was running at a 3.2% pace versus 3.3% expected and against 3.0% in June.Core CPI – which strips out volatile food and energy costs – was higher…

Dec 13, 2019 at 19:20 UTCUpdated Dec 13, 2019 at 19:41 UTCVeChain CEO Sunny Lu image via CoinDesk archivesEnterprise blockchain platform VeChain has been hacked, losing 1.1 billion VET tokens worth an estimated $6.53 million, the firm announced Friday.The Singapore-based VeChain Foundation’s buyback wallet was compromised by a hacker at 12:27 UTC on Friday, VeChain…