Blockchain Enters ‘Trough of Disillusionment’ on Gartner’s Hype Scale

Sep 17, 2020 at 09:00 UTCA mobile bitcoin options trading platform set to launch this year has secured funding from some of the industry’s top-tier investors. PowerTrade raised $4.7 million via token sales in a round led by Pantera Capital and joined by Framework Ventures, CMS Holdings and QCP Capital among others.Prominent founders Kain Warwick…

Feb 13, 2020 at 23:45 UTCUpdated Feb 13, 2020 at 23:58 UTCLarry Harmon image via GoFundMeUS DOJ Calls Bitcoin Mixing ‘a Crime’ in Arrest of Software DeveloperLarry Harmon was arrested earlier this week for allegedly participating in a money-laundering conspiracy worth more than $300 million in cryptocurrency involving darknet marketplace AlphaBay. However, the family of…

news U.S. authorities seized more than $200,000 worth of bitcoin after alleged drug manufacturer and dealer met with undercover law enforcement officers to exchange the digital currency for cash at a hotel in Norwood, Massachusetts. The arrest — which occurred on March 27, 2019 — was part of a wider investigation into a Boston-based drug…

Feb 4, 2020 at 04:10 UTCUpdated Feb 4, 2020 at 04:26 UTCResearch conducted by Gartner is predicting a 50 percent increase in overall data quality by 2023Research conducted by Gartner Inc. predicts a 50 percent increase in overall data quality by 2023 for all businesses and organizations using blockchain smart contracts.“When an organization adopts blockchain…

Good morning. Here’s what’s happening:Prices: Traders are taking aim at lending protocols following the attack on CurveInsights: Curve Finance chaos following its hack over the weekend has put a $168 million lending position held by founder Michael Egorov at greater risk of liquidation. PLUS: The litecoin Foundation and Ballet tease a collectible card sale.Bitcoin, Ether…

news Updated (09:35 UTC): Added further details from Bloomberg’s full report. Seychelles-based cryptocurrency exchange BitMEX is reportedly being probed by the U.S. Commodity Futures Trading Commission (CFTC). The news appeared in brief on Bloomberg Terminal soon before press time on Friday. That was soon followed by a report from Bloomberg citing sources who said the regulator is investigating…

Cryptocurrency lending company Ledn is offering customers crypto-backed loans where all the assets remain locked up with a qualified custodian, as the company adapts its centralized finance approach to a post-FTX world.Ledn has done a brisk trade in standard loans to date, where bitcoin (BTC) posted as collateral can be further lent out to subsidize

Ether prices since mid-June (CoinDesk)Ether (ETH), the second-largest cryptocurrency by market value, jumped to two-year highs on Tuesday, taking its year-to-date gains to 260%. The native cryptocurrency of the Ethereum blockchain, ETH was trading at $470 at press time – a level last seen in July 2018. Prices are up more than 100% this quarter…

Jun 8, 2020 at 13:00 UTCUpdated Jun 8, 2020 at 13:32 UTCCredit: Shutterstock/Jacob LundThe world has been hit by cyberattacks from a shadowy organization, “Zbellion,” that funds itself through stealing fiat currencies from “the establishment” and converting it into bitcoin. Don’t panic, though. That scenario is the premise for a war game from the U.S.…