Expect Bitcoin to See More Price “Traps” Until This Event Takes Place
Bitcoin saw some wild price action overnight that caused its price to spike as high as $19,600 before
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Takes
Dusk Network Takes ‘Around 10%’ Stake in Dutch Stock Exchange
Security token platform Dusk Network has become a shareholder of a Dutch stock exchange for small- and medium-size enterprises (SMEs).Announced Tuesday, Dusk Network’s share acquisition in Nederlandsche Participatie Exchange (NPEX) follows a partnership period where both companies developed pilot projects to further financial product innovation. A representative of Dusk told
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Former digital head at luxury brand group LVMH takes role at Ledger
The revolving door between traditional finance and the crypto space is well established. Now, executives from the luxury goods sector appear to be following in their steps.Ian Rogers, formerly the chief digital officer at LMVH, is taking on a new role as “chief experience officer” at Ledger, the well-known French
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Dapper Labs’ Flow blockchain takes major step towards mainnet
In a move that may signal that a mainnet launch is just around the corner, Flow — the blockchain from Cryptokitties and NBA Topshot developers Dapper Labs — has launched the Flow Port: a tool for token holders to manage, stake, and delegate their Flow cryptoassets. The announcement focused heavily on
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Coinbase, Others Go Down as Amazon Web Services Outage Takes Down Swath of Internet
Leading cryptocurrency exchange Coinbase and thousands of other platforms on the internet reported recurring interrupted service and pointed the finger at cloud provider Amazon Web Services, which experienced an outage. Source
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Democratizing Bitcoin’s hash rate takes center stage at mining summit
Bitcoin (BTC) mining continues to ramp up following the successful May 11 halving, but growing industry concentration could undermine the “democratization of hash rate,” according to a panel presentation at this year’s Mining and Investment Summit.Hosted by Matrixport and sponsored by Bitmain, the 2020 Mining and Investment Summit was held virtually
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Crypto.com Takes Steps Toward Financial Licensure in Malta
Crypto.com is trying to bulk up its Maltese financial licenses in search of a competitive edge across Europe.The Hong Kong-based crypto firm received preliminary approval from the Malta Financial Services Authority (MFSA) for two financial licenses that govern how payment companies operate and what services they can provide.Crypto.com could soon
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Binance takes credit for thwarting an attempted exit scam on its blockchain
Binance announced Wednesday the successful recovery of $344,000 in funds from the attempted exit scam of Wine Swap, a project on the Binance Smart Chain (BNB).Wine Swap was an automated market maker platform similar to Uniswap that launched on Oct. 13. Within an hour of the launch, it had amassed
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BlockFi Takes 5% Stake in Grayscale’s $4.8B Bitcoin Trust
The crypto lender is only the second firm to disclose such a large GBTC stake, after Three Arrows Capital. Source
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ICO takes enforcement action against Experian after data broking investigation
The Information Commissioner’s Office (ICO) orders the credit reference agency Experian Limited to make fundamental changes to how it handles people’s personal data within
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