‘Feels surreal’ — Bitcoin sticks to $68K as market ignores 200K BTC US election pledge
BTC price gains fail to materialize as Donald Trump and others promise to build a giant Bitcoin strategic reserve if elected.
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Project Ragnarok: Digix Integrates Dissolution Mechanism for DigixDAO
Gold-backed stablecoin issuer Digix has integrated a dissolution mechanism into its DigixDAO platform, created to fund projects which encourage the growth of the Digix ecosystem. Each quarter, DGD token holders will vote on the mechanism — called Project Ragnarok — with DigixDAO only continuing into the next quarter if the dissolution vote fails.The first Project…
Following in Grayscale’s footsteps, new Bitcoin trust goes public in Canada
The investment firm said it had no plans to sell shares of its Bitcoin trust in the U.S. 2019 Total views 14 Total shares Canada-based investment manager Ninepoint Partners has launched trading for shares of the firm’s Bitcoin Trust on the Toronto Stock Exchange.According to an announcement today, Ninepoint has completed an initial public offering,…
Laos partners with Soramitsu on CBDC research as regulated crypto mining begins
Soramitsu, the firm that helped build Cambodia’s Bakong digital payments system, will work with the Laos government to research what a Laotian CBDC might look like. 65 Total views 15 Total shares Laos has become the latest nation to begin exploring a central bank digital currency (CBDC), announcing upcoming research on the subject in partnership…
Hindenburg Research reports Block short position, claiming fraud facilitation and inflated metrics
"Block has wildly overstated its genuine user counts and has understated its customer acquisition costs," said the report. Own this piece of history Collect this article as an NFTA report following a two-year investigation from Hindenburg Research claimed digital payments company Block had “systematically taken advantage of the demographics it claims to be helping,” alleging…
Steph Curry files trademark for the Curryverse: Nifty Newsletter, Oct. 26–Nov.1
In this week’s newsletter, read about how NBA superstar Stephen Curry filed a trademark application for his own metaverse, the Curryverse, where users play-to-earn nonfungible tokens (NFTs). Check out why TV streaming providers should start to incorporate NFTs into their programming. In other news, find out how an NFT vending machine made digital art more…
Not Your Keys: 92% of Institutional Investors Keep Crypto on Exchanges
Cryptocurrency institutional investors overwhelmingly keep their wealth on exchanges despite the inherent security risks, new data claims. Compiled by cryptocurrency exchange Binance on Nov. 22, a survey asked 76 institutional investors who used its platform about their trading habits. Exchange storage “most popular choice”The survey was part of Binance’s Institutional Market Insights research, which is now in…
Stablecoin Adoption Can Impact Economy, Warn Senior US Regulators
A panel of senior financial regulators in the United States has warned the public about the purported risks of stablecoins and cryptocurrencies. A report issued on Dec. 4 by the Financial Stability Oversight Council (FSOC) highlighted potential problems resulting from stablecoins gaining wider recognition.The FSOC was set up in 2008 to combat risks to the financial…
Fake Deaths, Real Deaths, & a Permanently Reduced Block Reward: Bad Crypto News of the Week
Check out this week’s Bad Crypto News. 1788 Total views 31 Total shares The halving came and the halving went, which means that miners now only get 6.25 Bitcoins for each block and we only have about 1450 days to wait until the next one. That’s something to look forward to, especially as this halving…