BlackRock's Bitcoin ETF hits record inflow amid crypto market rally
BlackRock’s spot Bitcoin ETF recorded $875 million of inflows on Oct. 30, surpassing its previous record by around 3%.
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Corrupt Governance? What We Know About Recent EOS Scandal
This week, EOS found itself in hot water after allegations arose that a major part of its blockchain governnance, led by Chinese crypto exchange Hubobi may be involved in a corruption scheme. EOS’ parent company and Huobi have issued public statements since these allegations, but refrained from admitting or denying the charges.What is EOS?EOS.io is…
Brazilian Banks to Implement New HyperLedger-Powered Digital ID Platform
Brazilian banks will be implementing a new standardized blockchain identity solution powered by the Hyperledger Fabric-platform, Cointelegraph Brazil reported on June 2.The identity solution — co-developed by IBM and the country’s central bank, CIP — is reportedly to be integrated into the Brazilian Payment System (SPB) — a system used by all banks and financial…
ApeCoin risks another massive selloff as APE drops 70% in two weeks — Here’s why
A euphoric price rally by ApeCoin (APE) seen in mid-March appears to be exhausted already thanks to the coin's 70% drop in valuation in the past two weeks — and it may fall further in April.At the core of this bearish outlook is a rising wedge, a technical pattern that forms as the price consolidates…
The Market Perceives Positive Sentiment Heading Into the 2020 Bitcoin Halving
As Bitcoin (BTC) fast approaches its scheduled third halving, several metrics are now pointing toward positive market sentiment going into this most-anticipated event.The perpetual funding rate turns to positive territory, suggesting a positive market sentimentThe perpetual funding rate serves as a useful indicator to gauge overall market sentiment. When the rate is positive, long positions…
Crypto Exchange Launches Switzerland’s First Integrated Trading and Custody Platform
Swiss integrated cryptocurrency exchange Smart Valor has launched trading of four fiat currencies with Bitcoin (BTC) and Ether (ETH). Switzerland sees another crypto firstAs a blog post issued July 30 confirmed, Smart Valor, which combines exchange with custody and brokerage features, will continue to add new currencies on a monthly basis. The company is headquartered in the…
3AC bankruptcy process faces challenges amid unknown whereabouts of founders
The liquidators claim Zhu Su and Kyle Davies are located in Indonesia and the Emirates, where foreign court orders are difficult to enforce. Own this piece of crypto history Collect this article as NFTLiquidators for Three Arrows Capital (3AC) will have to present further documents to grant the permission to subpoena the now-bankrupt crypto hedge…
Regulatory action against Mango Markets exploiter is a win for DeFi — Moody’s
SEC and CFTC taking action against the alleged fraudster show that DeFi is becoming a “safer and more welcoming environment,” according to credit rating firm Moody’s. Own this piece of history Collect this article as an NFTRecent charges brought against Mango Markets exploiter Avraham Eisenberg will have a positive impact on the decentralized finance (DeFi)…
Nvidia GPU prices in China fall amid crypto mining crackdown
Graphics card prices in China reportedly dropped as much as two-thirds on Chinese e-commerce websites. 1639 Total views 9 Total shares Amid the ongoing crackdown on cryptocurrency mining in China, prices of graphic cards from major GPU providers like Nvidia and Asus are becoming more affordable. According to a Monday report by South China Morning Post…