Ohio Senator introduces state’s second Bitcoin reserve bill

Fraudsters in Winnipeg, Canada, have targeted Bitcoin ATM users in the city by simply sticking a poster on the machine. Police issued a warning on Aug. 29 that following the instructions on the poster will lead to an irretrievable loss of their Bitcoin.Low-tech hack attackEven with a digital currency like Bitcoin, security ultimately lies in…

Consumer attitudes are changing towards banknotes and credit cards as reports suggest that the deadly coronavirus can spread by their use. The Bank of International Settlements (BIS) has, therefore, urged the central banks to consider developing central bank digital currencies (CBDCs). BIS believes that under the current circumstance, CBDCs will quickly gain prominence. However, it…

IBM has filed for a patent of a system that uses blockchain technology to prevent drone-enabled package theft.According to a filing published by the United States Patent and Trademark Office (USPTO) on Nov. 12, IBM will track drone altitude using an Internet of Things (IoT) altimeter, while continuously uploading that data to a blockchain secure…

LedgerX, a regulated futures exchange in the U.S., has introduced physically-settled Bitcoin (BTC) futures contracts. This allows investors to receive physical delivery of BTC and some analysts believe this will amplify the impact on the price of BTC.XBT/USD daily chart. Source: TradingView.comHow physical delivery may impact Bitcoin price?When Bakkt first launched with the backing of…

The partnership hopes to bring the Metaverse directly into the living rooms of viewers. 201 Total views 1 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTSouth Korean tech giant LG Electronics announced that it has teamed up with Oorbit, a cloud-based technology platform and PIXELYNX, a company building an integrated music,…

Fidelity is looking to launch a tokenized version of its Fidelity Treasury Digital Fund on Ethereum on May 30 for greater transparency and tracking. Fidelity Investments has filed to register a tokenized version of its US dollar money market fund on Ethereum — joining the likes of BlackRock and Franklin Templeton in the blockchain tokenization

Cryptocurrency ETP volumes continue to drop as long-term investors look for safer options during Bitcoin’s dry spell. According to a recent report by CryptoCompare, a digital asset data resource, aggregate trading volumes exchange traded products (ETP) have plummeted drastically in the month of September. Aggregate ETP Volume ($millions) Source: CryptoCompareOverall daily cryptorrency ETP volumes plunged by…

Recent research shows that decentralized exchanges that distribute tokens via airdrops see a big boost in user numbers and transactions. But, is building communities this way just crypto’s version of printing money?Airdrops — the disbursal of free tokens to early users as a way of rewarding and building momentum — have been around for years…