ShapeShift Acquires Tool That Quickly Swaps Bitcoin for Other Cryptos

Bitcoin has retraced 40 percent of the rally from the June low of $5,755, signaling a short-term bullish-to-bearish trend change.

British maritime classification society Lloyd's Register has developed a prototype blockchain platform aimed to enable more efficient shipping registration, the organization announced Tuesday. The not-for-profit, which is already looking at using blockchain to improve the safety and security of critical shipping infrastructure and individuals in the industry, is now working to speed up the process of…

NEWS Bitcoin cash is expected to execute its scheduled hard fork in the next few hours, but warring mining-pool factions continue to duke it out over control of the network. According to Coin Dance, mining pools supporting Bitcoin SV lost some of their relative hash power over the past 24 hours, though they still maintain…

Good morning. Here’s what’s happening:Prices: Bitcoin was holding steady about about $30.5K – unmoved by upbeat crypto comments by BlackRock CEO Larry Fink'sInsights: Pita Limjaroenrat, a candidate to become Thailand's next prime minister, owns crypto. What does his disclosure say about politicians and crypto?Bitcoin Holds Steady Through Good and BadThe end of a long, U.S.…

One thing that has distinguished traditional banking from crypto, in the eyes of many financial experts, is stability. There's a strong belief that most people who put money into an account at a prominent bank will generally leave it there, indefinitely – whether due to comfort, satisfaction, relationships, laziness, lots of things.

Benchmark said the sell-off in altcoins triggered the decline in DeFi Technologies' stock, and the weakness was further compounded by the publication of a negative opinion piece.The broker reiterated its buy rating and C$3 price target.The sell-off in DeFi Technologies’ (DEFI) stock looks overdone, and the shares now offer an attractive buying opportunity, Wall Street

Oct 27, 2020 at 19:24 UTCUpdated Oct 27, 2020 at 19:43 UTCWilliam Hinman (Nikhilesh De/CoinDesk archives)The U.S. Securities and Exchange Commission (SEC) announced Tuesday that William Hinman, the director of the SEC’s division of corporation finance, is planning to conclude his tenure later this year. Notably, Hinman was the first official at the agency to say…

news Singaporean citizen Ho Jun Jia, 29, also known as Matthew Ho, was indicted for stealing over $5 million worth of cloud computing services to mine cryptocurrencies, according to a grand jury indictment from the U.S. District Court in Seattle, Washington. Ho was arrested in Singapore and is being charged with wire fraud, access device fraud,…

Security firms are floating proposals to prevent future loans against $158 million worth of curve (CRV) tokens on Aave, a lending and borrowing platform, amid an ongoing situation that has put the entire DeFi ecosystem under stress since Sunday.Gauntlet, which specializes in risk management, posted the proposal on Wednesday to the Aave community members, who…