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What Has the Blockchain Association Actually Achieved?
This month, the Blockchain Association, crypto’s leading trade association in Washington D.C., marks its fifth anniversary. The lobby shop now has 114 member companies, per a press release today, including big names like Coinbase, Kraken, CoinFund, Pantera Capital, Ripple and Uniswap.This is an excerpt from The Node newsletter, a daily roundup of the most pivotal
Tokenized Fund Adoption Grows but Brings Technology Risks: Moody’s
The adoption of tokenized investment funds is on the rise – but the technology providers have a “limited track record,” contributing to increased risk, a Monday report by credit-rating agency Moody’s Investor Services warned.Tokenized funds are investment funds whose units are digitally represented with the use of distributed ledger technology (DLT), which powers crypto. Asset
Arkham Intel Exchange Shows 11 Submissions Since Debut Including Finding Elon Musk’s Wallet
Arkham Intel Exchange - a bounty marketplace where people can trade crypto intelligence - displays 11 submissions since its launch on July 10, each from unique addresses, highlighting a steady start for the platform.There are also 32 active bounties sitting on the marketplace. Seven were posted by Tron DAO, while the remaining majority comes from…
Galaxy Digital Warns Losses Could Continue as Coronavirus Hits Bottom Line
Mike Novogratz's crypto merchant bank, which made another loss in the final quarter of 2019, has warned investors that coronavirus will likely contribute to further declines. Galaxy Digital reported a net loss of $32.9 million in Q4 2019 on Wednesday. The merchant bank's trading arm incurred the vast majority of losses, more than $32.1 million,…
Bosch and Wien Energie Demo Blockchain-Powered Refrigerator
news Electronics giant Bosch and Austrian power supplier Wien Energie have come up with a blockchain refrigerator aimed to allow consumers to monitor and control electricity consumption. The device demonstrates how households will in the near future be able to control their power usage in a “safe and transparent manner,” Wien Energie said in a press…
How a Ph.D. Student’s Research Paper Turned Celestia Into $345M Blockchain Project Overnight
Mustafa Al-Bassam was a Ph.D. student in computer science in 2019 at University College London when he published a paper titled "LazyLedger."Not meant for a lazy reader, the paper went on to describe, in excruciatingly complex terms and Greek mathematical characters, what was then a radical rethinking of how blockchains could work: separating out the
FBI Report on Laundering by Private Funds Cites OneCoin Fraud in All but Name
Jul 15, 2020 at 08:31 UTCUpdated Jul 15, 2020 at 08:32 UTCCredit: FBI/Wikimedia CommonsFBI Report on Laundering by Private Funds Cites OneCoin Fraud in All but NameOneCoin, an infamous cryptocurrency pyramid scheme, makes an uncredited cameo appearance in a recently leaked FBI intelligence bulletin on the money laundering risks of private investment funds. The main…
Bitcoin Price Indicator Turns Bullish for First Time in 8 Months
The list of indicators signaling a long-term bullish reversal in bitcoin (BTC) continues to grow with each passing week. The latest to join the list is the MACD histogram, which has moved above zero – turned bullish – for the first time since January. The MACD, which oscillates above and below the zero line, is…