Crypto-Powered Fantasy Football League to Raise $100 Million in ICO
A blockchain startup wants to raise nearly $100 million dollars to create a new form of fantasy football aimed to bring fans together.
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Russia’s Largest Darknet Market Is Hawking an ICO to Fund Global Expansion
Dec 12, 2019 at 23:11 UTCCocaine powder image via U.S. Drug Enforcement Agency/Wikimedia CommonsRussia’s Largest Darknet Market Is Hawking an ICO to Fund Global ExpansionHere’s one initial coin offering (ICO) that’s almost certainly illegal, and not just under securities laws.Hydra, reportedly the largest darknet marketplace serving Russia and neighboring countries, claims it is seeking to…

Crypto Investor Awarded Over $75 Million in SIM-Swapping Hack Case
news U.S.-based cryptocurrency investor and entrepreneur Michael Terpin has won over $75 million in a lawsuit related to a SIM-swapping fraud. Terpin filed the case against 21-year-old Nicholas Truglia earlier this year, saying the Manhattan resident had defrauded him of cryptocurrencies after gaining control of his cellphone number. California Superior Court has now ordered Truglia…

First Mover: Ether Eyed as Value Play With Bitcoin Pressing $20K
Dec 3, 2020 at 1:43 p.m. UTCUpdated Dec 3, 2020 at 2:33 p.m. UTCThis one or that one? Investors weigh value proposition of Ethereum's ether as bitcoin pushes to new high. (Metropolitan Art Museum, modified by CoinDesk)First Mover: Ether Eyed as Value Play With Bitcoin Pressing $20KBitcoin was heading back toward the all-time high price…

Swiss Company Gets Green Light to Incorporate for a Blockchain IPO
Jan 29, 2020 at 11:02 UTCIn what's being called a first for Switzerland, a company has been allowed to incorporate for an IPO offering of tokenized shares on a blockchain.In a press release Wednesday, the firm's adviser Andriotto Financial Services said that Coldrerio, Switzerland-based Overfuture SA's articles of incorporation directly reference "the digital nature of…

Fed Cuts Interest Rates by 50 Basis Points, Bitcoin Briefly Hits $61K
The U.S. Federal Reserve lowered its benchmark fed funds rate by 50 basis points to 4.75%-5% on Wednesday, marking the first rate cut in four years after the central bank's most aggressive hiking cycle. "The Committee has gained greater confidence that inflation is moving sustainably toward 2 percent, and judges that the risks to achieving

Croatian Post Trials Crypto Exchange Service Before Possible Wider Rollout
news While post offices sometimes offer banking services, Croatian Post is looking at launching a nationwide cryptocurrency exchange service. For a pilot effort, Croatian Post, or Hrvatska Pošta, is now offering crypto-to-fiat exchanges in three post offices in the coastal town of Zadar – a place popular with tourists. Hrvatska Pošta said Thursday that the trial…

Bitcoin Price ‘Bull Cross’ Points to Positive Market Shift
markets View Bitcoin’s three-day chart is showing a bullish crossover of the 5- and 10-day exponential moving averages for the first time since July. The crossover looks decisive as both EMAs are now trending north, validating the bearish-to-bullish trend change signaled by the high-volume triangle breakout seen on the 3-day chart. The cryptocurrency could test…

Binance Releases New Video Demo of its Decentralized Crypto Exchange
news Binance, the world’s largest cryptocurrency exchange by adjusted trading volume, has released a new video demo of its decentralized exchange, dubbed Binance DEX, ahead of its launch in early 2019. Released Wednesday, the video demonstrates the trading interface of Binance DEX, along with a web crypto wallet and the explorer for Binance’s native public…