NFT market OpenSea teases token launch

A representative from the company expects 2021 to be "a breakout year for blockchain." 2428 Total views 19 Total shares Many financial institutions are poised to increase their blockchain spending in 2021, according to an upcoming survey from Deloitte titled "Financial Services Industry Outlooks 2020."Preliminary results shared with Cointelegraph indicate that 27% of the institutions…

Bitcoin is short-term bearish, traders say, as the options market hints at consolidation. 2427 Total views 12 Total shares A pseudonymous trader known as “Byzantine General” is short-term bearish as Bitcoin (BTC) continues to test the same $30,000 support area.Although the price of Bitcoin is staying above a key support level, the trader said the…

An ex-employee of cryptocurrency derivatives exchange Digitex began leaking stolen Know-Your-Customer (KYC) on Telegram. The stolen data reportedly includes passport and driving license scans and other sensitive documentation pertaining to more than 8,000 Digitex customers. The Seychelles-based exchange issued Cointelegraph a statement indicating that it is not currently able to comment on the incident and is…

United States transnational IT company Advanced Micro Devices (AMD) released its Q4 revenue report on Jan. 29, broadly conforming to analysts’ fears of a continued slowdown.AMD, which like other graphics hardware manufacturers has suffered due to the cryptocurrency bear market, produced quarter-on-quarter revenue losses of 14 percent.Its gross margin was down 2 percent versus Q3,…

Members of the Zcash (ZEC) community have discovered a suspicious and potentially malicious counterfeit version of Zcash Foundation’s native ZecWallet.According to a Twitter post published on Oct. 20 and retweeted by Zcash developer Electric Coin Company, the fake ZecWallet likely contains malware. The tweet reads:“PSA to all Zcash users! There is a fake version of…

The decentralized identity network the tech giant announced in May has now launched in beta on the Bitcoin blockchain. 1605 Total views 16 Total shares Microsoft’s decentralized identity network ION, first announced in May is moving to beta testing on the Bitcoin network.In a June 10 blog post, Daniel Buchner, a program manager for the…

The European Central Bank (ECB) stated that cryptocurrencies do not have implications on monetary policy or factor into the real economy in a May report.In the report dubbed “Crypto-Assets: Implications for financial stability, monetary policy, and payments and market infrastructures,” ECB looks into the potential impact of digital currencies on economic developments and monetary policy.The…