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The Sacramento Kings will auction off starting guard Buddy Hield’s game jersey from Wednesday’s game against the Dallas Mavericks using a blockchain-powered marketplace.Alongside ethereum project incubator ConsenSys, the Kings announced today that it would be auctioning off team memorabilia live using an ethereum-based platform operated by Treum, a supply-chain product.
Read MoreCrypto tokens weren’t the only thing that saw a major pump yesterday. The total value locked in DeFi ascended to new heights. While part of this can be explained simply by the rise in ETH price, it also reflected traders turning to DeFi platforms as a way to get more
Read MoreBitcoin (BTC) is the subject of increased buying momentum after coming under pressure early in the year. After plummeting to $6,860, the flagship token has bounced back and is currently staring at a 2-month high of $9,000. The 15%+ rally has come at the back of improvements in fundamentals. Bitcoin Futures
Read MoreIt seems as though Bitcoin’s price action throughout the early part of 2020 has drastically altered its medium-term prospects, as investors are now widely betting that the ongoing BTC rally extends significantly further.This is elucidated while looking towards the near-record volume seen on Bitcoin’s options yesterday, which signals that investors
Read MoreThe House Financial Services Committee has raised concerns over the use of cryptocurrencies to fund domestic terrorism in the United States.In a Jan. 15 hearing, the FSC Subcommittee on National Security, International Development and Monetary Policy has examined how U.S. financial institutions can combat domestic terrorism, extremism and acts
Read MoreNew Jersey Office of Homeland Security and Preparedness Director Jared Maples predicted Wednesday that domestic terrorists will increasingly turn to bitcoin.Speaking during a U.S. House Financial Services Committee monetary policy sub-committee hearing, Maples said domestic terrorists find value in bitcoin and other cryptocurrencies’ security and maskability. “They’re seeing the effectiveness of
Read MoreStrengthening its walls after a hack in late 2019, South Korean crypto exchange Upbit has finished a security upgrade for the wallets on its exchange platform, restoring functionality once again.Upbit decided to update its defenses in response to an Ethereum (ETH) hack the exchange suffered in 2019, an Upbit
Read MorePete Rizzo, former editor-in-chief at leading crypto news outlet CoinDesk, has started a new position at cryptocurrency exchange Kraken.Per a Jan. 15 announcement from Kraken, Rizzo’s new role as Editor-at-Large will entail responsibility for content production for the company’s new products and services.Departure from CoinDesk and the new roleRegarding
Read MorePete Rizzo, former editor-in-chief at leading crypto news outlet CoinDesk, has started a new position at cryptocurrency exchange Kraken.Per a Jan. 15 announcement from Kraken, Rizzo’s new role as Editor-at-Large will entail responsibility for content production for the company’s new products and services.Departure from CoinDesk and the new roleRegarding
Read MoreA crypto analytics startup will recommend the U.S. Congress call for more stringent anti-money laundering (AML) enforcement around exchanges facilitating the trade of privacy coins during a hearing on how cryptocurrency is being used in human trafficking.At a Wednesday hearing revisiting landmark legislation passed 20 years ago, the House of
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