Author: admin

Led by Naspers, Blockchain.com Ventures, and Angel Invest Berlin, dapp data analysis and discovery tool DappRadar announced yesterday the closing of a $2.33 million seeding round. The company said it will use the funds for R&D and to add new services to its site. DappRadar tracks some 2,500 dapp projects on multiple blockchains such as ethereum, EOS, tron, and the loom network. DappRadar’s Ian Kane said the company attracted high profile investments due to its listing criteria and user count. “Unlike Read more …

The CEO of Overstock’s blockchain subsidiary tZERO, Saum Noursalehi, has issued an update on tZERO’s progress and addressed the departure of Overstock’s CEO Patrick Byrne. In a letter to investors published on Sept. 6, Noursalehi addressed Byrne’s resignation as the CEO of American e-commerce giant Overstock.com. Noursalehi assured that Byrne’s departure will not have an impact on tZERO’s daily operations and implementation of the firm’s strategic roadmap. Byrne stepped down as CEO of Overstock in late August. In his letter Read more …

This article was originally published by 8btc and written by Vincent He. A dedicated team from the People’s Bank of China’s (PBoC) Digital Currency Research Lab is now developing the system in a closed-door environment, away from the PBoC’s downtown Beijing headquarters, according to a report from September 5, 2019. China’s central bank digital currency (CBDC) has begun a “restricted access test” to simulate payment scenarios involving “some commercial and non-governmental organizations.” The test may be the integration of each Read more …

Bitcoin could be on its way to $20,000 next year if a historical trend repeats itself once again, according to crypto trader Josh Rager. | Source: Shutterstock Crypto trader Josh Rager is a noted bitcoin bull known for his ambitious price targets. He is now predicting that the price of the flagship cryptocurrency could surge 100% in 2020 if a historical pattern repeats itself once more. Bitcoin price could set a new record above $20,000 Rager cites a pattern that Read more …

HONG KONG, Sept. 6, 2019 — Bitmain, the world’s top 10 fabless chipmaker, has expanded its in-demand Antminer 17 series of miners with two new models – Antminer S17e and Antminer T17e, – and is announcing specifications as well as selling times ahead of the launch date on 9 September, 2019. The Antminer S17e and T17e models have been designed to offer the best value for money. The Antminer S17e has a hash rate of 64 TH/s and operates with a power Read more …

If hardware wallets have one Achilles’ heel, recovery seeds may be it. But Trezor’s SatoshiLabs has figured out a solution. Hardware wallets are generally considered to be among the most secure solutions for storing bitcoin. As the private keys to sign transactions never leave the device, these keys are never exposed to the internet and can, therefore, not be hacked remotely. Even with physical access to the device, subtracting the keys is no straightforward job — if it’s possible at Read more …

Bakkt Warehouse, a qualified custodian of crypto trading platform Bakkt, is now accepting customer Bitcoin (BTC) deposits and withdrawals. First physical BTC futures on the way As the company tweeted on Sept. 6, Bakkt Warehouse has officially launched in accordance with the plans revealed on Aug. 28. The launch of Bakkt Warehouse comes as the company prepares to roll out its platform for Bitcoin daily and monthly futures in the United States on Sept. 23. The platform will enable two Read more …

Cryptocurrency exchange and custodian Gemini has announced that Noah Perlman, former global head of financial crimes and chairman of the political action committee at Morgan Stanley, will be its new chief compliance officer. Tyler Winklevoss, one of Gemini’s founders, announced this development on September 4, 2019. The announcement states that Perlman’s appointment goes hand-in-hand with Gemini’s policy to “ask permission, not forgiveness.”  “We chose this path because Compliance is one of Gemini’s four pillars along with Product, Licensing, and Security,” Read more …

Someone just moved $1 billion in bitcoin to an unknown wallet. | Source: Shutterstock On September 6, more than $1 billion worth of bitcoin was sent from an unknown wallet. The transaction was processed within several hours with a $700 fee. A $1 billion bitcoin transaction processed with a $700 fee (source: blockchain.com) The Token Analyst team traced some of the 94,500 bitcoin to the address of Huobi Global, a major cryptocurrency exchange, but the origins of the rest of Read more …

Facebook’s crypto scheme appears to have spurred regulators to take the social media giant’s privacy scandals more seriously. | Source: REUTERS / Aaron P. Bernstein Following reports earlier today that dozens of state attorney generals were set to officially commence antitrust investigations into Big Tech behemoths Facebook and Google, New York Attorney General Letitia James confirmed that at least one of the companies would indeed face government scrutiny. Unsurprisingly, it’s the one that recently revealed its ambitious – and controversial Read more …

Bitcoin has most of its wealth creation still to go and could top a giant $1 trillion in market cap in just six years, new analysis claims. $1 Trillion Bitcoin Doesn’t Need Parabolic Trend Published last week, the forecast by Blockchain investment advisory resource, Byte Tree, suggests that even with conservative growth, Bitcoin will achieve wild new heights. “Growth rates can go on for long periods of time but will inevitably slowdown as they mature. The implications for this new Read more …

Atlético de Madrid, a Spanish football (soccer) team, has partnered with Chiliz, a sports blockchain, to create Fan Tokens, a platform that will give fans special access to team merchandise, information, and experiences. The team “finished 4th in UEFA’s Club Coefficients rankings for 2019” according to a release and will join other football teams like Juventus and West Ham United on the Socios.com fan platform. “The Atlético de Madrid Fan Token will be priced at €2 and will be available Read more …