Markets Tech Firm to Launch Crypto Derivatives Exchange
LevelTradingField is launching a cryptocurrency derivatives exchange with the help of the ethereum blockchain.
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Binance’s CZ: Like It or Not, Facebook’s Libra Coin Is Poised for Mass Adoption
news The takeaway: Binance CEO Changpeng Zhao (“CZ”) hopes to open a London office “very soon” as the crypto exchange turns its focus to Europe. Brexit won’t hurt and if anything will be good for crypto, he predicts. On Facebook’s Libra project, CZ anticipates practical benefits from potentially listing the coin, and also hinted at…

U.S. DOJ Identifies and Charges LockBit Ransomware Gang Leader with Fraud, Extortion
U.S. authorities have identified Russian national Dmitry Khoroshev as the mastermind behind the notorious LockBit ransomware gang, and are offering a $10 million reward for information that leads to his arrest.In a sprawling 26-count criminal indictment unsealed Tuesday morning, prosecutors allege that Khoroshev, 31, developed, promoted and oversaw the LockBit software, recruiting “affiliates” on cybercriminal

Market Wrap: Bitcoin Hits $11.8K; Ethereum Gas at All-Time High
Aug 24, 2020 at 20:24 UTCUpdated Aug 24, 2020 at 20:26 UTCCoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Hits $11.8K; Ethereum Gas at All-Time HighThe bitcoin market is experiencing low volume Monday but ether continues to fuel DeFi’s growth. Bitcoin (BTC) trading around $11,737 as of 20:00 UTC (4 p.m. ET). Gaining 0.34% over the…

Where Roads Can’t Reach, Blockchain Drones Just Might Travel
A team of Russian engineers and entrepreneurs wants to link heavy-duty delivery drones using blockchain.

Ether Demand Is Driven by U.S. Investors, Data Shows
U.S. investors are the primary drivers of the recent 11% rally in ether (ETH) prices, as indicated by the "Coinbase premium" metric, which shows a spike in demand from the U.S.-based Coinbase exchange preceding the price jump.The anticipation of a possible spot ether exchange-traded fund (ETF) in the U.S. has sparked further buying demand for

CBDCs: An Idea Whose Time Has Come?
Dec 30, 2020 at 4:00 p.m. UTCCBDCs: An Idea Whose Time Has Come?In 1987, Nobel laureate James Tobin proposed the concept of a retail central bank digital currency. The idea was that central banks should create a public payments “medium with the convenience of deposits and the safety of currency.”It was a novel idea, which…

Russian Central Bank Chief: ‘No Obvious Need’ for National Cryptocurrency
news Russia’s central bank sees no strong reason to launch a national cryptocurrency that would override the potential risks, according to its head. As reported by Tass on Thursday, Elvira Nabiullina, chairwoman of the Bank of Russia, said her institution had been investigating the possibility of a central bank digital currency (CBDC) and the need the launch the…

Bull Return? Bitcoin Again Rebounds From Strong Price Support
markets View Bitcoin has again created a higher low along the 30-day moving average line, neutralizing Monday’s bearish close below $3,920. A move above $4,055 (March 21 high) is still needed to revive the short-term bullish setup. That could be followed by a rally to resistance levels lined up at $4,190–$4,236. A UTC close below…