Genesis-labelled address moves $720M BTC to Coinbase, pointing to start of asset liquidations

When CryptoKitties burst onto the scene back in November 2017, we had our first taste of load-testing a blockchain solution at scale. Congestion spiked, and we saw glimpses of how far away we were from mass adoption being a realistic achievement. After setting about increasing “birthing fees,” in search of a better solution, the game…

Bitcoin (BTC) hit its highest level in a week on April 2 as fresh upside followed more misery for the world economy thanks to coronavirus.Cryptocurrency market daily overview. Source: Coin360BTC gains as coronavirus rattles U.S. jobsData from Coin360 and Cointelegraph Markets showed BTC/USD clinching 7-day highs of $6,830 on Wednesday, having gained nearly 9% in…

Bank of France Governor Francois Villeroy de Galhau said that Facebook’s Libra stablecoin must comply with anti-money laundering regulation and seek banking licenses if it offers banking services, Reuters reports on June 25.Per the report, while Villeroy admitted during an interview with French magazine l’Obs that there was room to improve cross-border money transfers. He…

By the end of 2018, many crypto skeptics had their “I told you so” moment, as many initial coin offerings, or ICOs, failed to deliver on their promises. Between 2017 and 2018, 3,250 projects were launched via ICO and $21.4 billion was collected from investors. But by early 2018, a study revealed that nearly half…

Cash App mentions that the Lightning Network feature is not available to users located in New York. 1377 Total views 10 Total shares Mobile payment service Cash App revealed that Lightning Network can now be used to transfer Bitcoin (BTC) through its app. With the new feature, its users can send their BTC to any…

The innovative cryptocurrency futures exchange FTX has launched fractionalized trading in stock derivatives. 579 Total views 10 Total shares Major cryptocurrency derivatives exchange FTX has launched trading in “fractional stocks offerings” — tokenized products representing the shares of global firms.The products were launched on Oct. 29 in partnership with German-licensed investment Firm CM-Equity and tokenization…

Traders who use the Ethereum network are familiar with the ERC-20 technical standard and have most likely traded and invested in tokens that utilize it. After all, its practicality, transparency and flexibility have made it the industry norm for Ethereum-based projects.As such, many decentralized applications (DApps), crypto wallets and exchanges natively support ERC-20 tokens. However,…

Since launching its V3 iteration in October, PoolTogether has paid out more than $750,000 in risk-free lottery returns. 1609 Total views 15 Total shares Data published by crypto analytics provider Messari indicates that PoolTogether’s V3 no-risk lottery platform has amassed more than 6,000 users since launching in October.Messari asserts that PoolTogether’s user base ranks it…

Bitcoin’s new highs come amid lots of new money pouring in via stablecoins. 5374 Total views 27 Total shares According to Tether’s official transparency data, the USDT market cap crossed a $17 billion mark for the first time, hitting over $17 billion in total assets.Tether’s market cap has been growing exponentially in 2020. As of…