April 9, 2021

Spanish Travel Compensation Firm Signs Deal With Domestic Exchange to Reimburse Travelers With Cryptos

Spanish travelers will soon be available to fill out claims for incidents related to airline delays, baggage losses, overbooking, among others, and be compensated with cryptocurrencies. The possibility is now a reality thanks to a partnership between a domestic crypto exchange and an airline platform. Platform Allocated Euros in an Account on the Crypto Exchange to Arrange Payments According to El Mundo Financiero, Criptan, based in Valencia, Spain, signed an agreement with Wings to Claim– a Spanish legal association that owns a platform specialized in handling travel-related incidents and now could compensate travelers cryptos instead of euros. The platform allocated euros within an account using the crypto exchange Criptan. If any customer entitled to compensation wants to receive money in cryptos, the exchange will reimburse the money in coins such as bitcoin (BTC). Among the reasons behind incorporating cryptos into […]
April 9, 2021

Mati Greenspan warns SEC’s latest action could threaten future of all cryptocurrencies

Quantum Economics founder Mati Greenspan has sounded the alarm over the damage the SEC’s case against LBRY could do to crypto.
April 9, 2021

Decentralized cloud storage aggregator ColdStack gets investment from Digital Finance Group

CryptoNinjas » Decentralized cloud storage aggregator ColdStack gets investment from Digital Finance Group ColdStack, a decentralized cloud aggregator, announced it has received a strategic investment from DFG — Digital Finance Group. “We are really excited to partner with DFG. They’re one of the most reputable and successful investment companies in the blockchain ecosystem and have an excellent track record of finding the most cutting-edge projects in the sector. There’s no doubt that DFG’s involvement will help our system reach its full potential. ” said Alexander Shishow, CEO and founder of ColdStack. The ColdStack platform aggregates decentralized data storage networks such as Filecoin. By optimizing storage solutions with its AI-based pipeline, ColdStack provides users with the most cost-efficient and secure way to store their files. Featuring a unified Amazon S3 compatible API, ColdStack allows users to easily access decentralized storage solutions. […]
April 9, 2021

C.R.E.A.M. Finance’s Iron Bank to bring protocol-to-protocol flash loans to DeFi 

CryptoNinjas » C.R.E.A.M. Finance’s Iron Bank to bring protocol-to-protocol flash loans to DeFi  Decentralized peer-to-peer lending protocol, C.R.E.A.M. Finance, announced it is launching a protocol-to-protocol flash loan product through the Iron Bank, to increase capital efficiency and expand the scope of decentralized finance (DeFi). “Bringing protocol-to-protocol flash loans to the will increase capital efficiency and provide deeper liquidity for traders looking to access more lucrative lending services across a wider variety of digital assets,” said Leo Cheng, Co-Founder and Project Lead at C.R.E.A.M. Finance. The Iron Bank, which has accrued $425 million USD in total value locked (TVL), is the first lending protocol to allow other protocols to borrow from its pools in a permissionless manner, currently available to Alpha Homora v2 and Yearn Vaults. The Iron Bank lending platform and liquidity backbone will service the entire Ethereum DeFi ecosystem […]
April 9, 2021

NFT Roundup: A Closer Look at Key Developments Over the Last Week

Another exciting week in the NFT universe has unfolded as Kiwie digitizes graffiti in new collectibles, the original meme makes its way to market, and a new integration between Videocoin and Filecoin supports video-based NFTs. The Fat Monster Meets the Mint Latvian-based art collective Kiwie is bringing its iconic Fat Monster character to the blockchain as it becomes the first group to create and auction NFTs from physical graffiti installations. The new initiative designed to connect the online and offline art worlds will involve building virtual 3D models of spray-painted figures. Each will be accompanied by a geotag to connect ownership of art to the NFT. Auction winners will also receive a metal card denoting a claim to each Fat Monster NFT. From there, the NFTs can be traded, and if the physical art installation is ever removed or erased, […]
April 9, 2021

Smart contract platform Avalanche integrates The Graph to expand querying and indexing

CryptoNinjas » Smart contract platform Avalanche integrates The Graph to expand querying and indexing The Graph, an indexing and query layer for the decentralized web, is now integrated with Avalanche, a scalable decentralized smart contract platform with near-instant transaction finality. With The Graph integration on the hosted service, developers building on Avalanche can easily query custom on-chain data requests, without having to run a full node, via subgraphs, which are indexes of specifically defined blockchain data. As of February 2021, over 9,000 subgraphs have been deployed with many more coming online as The Graph continues to expand its support across major layer 1 blockchains. “Decentralized, reliable data is at the core of high-quality Web3 applications. The Graph’s data suite and tooling expand the options and opportunities for developers building on Avalanche,” says John Wu, President of Ava Labs. Expanded access […]
April 9, 2021

NFT blockchain technology provider Arkane Network closes €1.55M seed round

CryptoNinjas » NFT blockchain technology provider Arkane Network closes €1.55M seed round Arkane Network, a product suite consisting of wallet services, NFT management & marketplace, announced it has closed a €1.55M seed round led by High-Tech Gründerfonds (HTGF). DM-BB David Majert, Palentine Ventures (Blockrocket), and imec.istart Fund also joined the round. Aiming for further growth as a technology partner for blockchain projects, Arkane will grow its team and set up an independent branch in Berlin. Arkane was founded in 2018 by Tim Dierckxsens, Karel Striegel, Davy Van Roy, and Gerbert Vandenberge to solve the complexity of blockchain technology and make it ready for mainstream adoption. Arkane does this with its blockchain agnostic digital wallet, and NFT services for projects and blockchain games like CoinStats, NFTBank, Atari, Bondly Finance, The Sandbox, and Aavegotchi. “We’re proud to join the HTGF-family and bring […]
April 9, 2021

mWallet: ProximaX’s blockchain-powered white-label mobile wallet

CryptoNinjas » mWallet: ProximaX’s blockchain-powered white-label mobile wallet ProximaX Sirius is a next-generation blockchain-based network that forms the foundation for several applications, processes, and technologies. Built on top of this network is mWallet — ProximaX’s customizable wallet solution for service providers. What is mWallet? mWallet is a blockchain-powered, white-label payments solution. This means that although mWallet is a standalone application, projects can also use mWallet to build their own custom wallet application that leverages a blockchain infrastructure. Organizations can use mWallet to allow their users to send and receive payments in a distributed manner without the involvement of multiple proprietary systems. mWallet aims to allow payment solution providers to make peer-to-peer transactions more seamless, convenient, and cost-efficient. mWallet uses distributed ledger technology and blockchain protocols to secure payments and user data on the network. Moreover, it is highly scalable and […]
April 9, 2021

Alpha Finance Lab gets its yield farming protocol audited by OpenZeppelin

CryptoNinjas » Alpha Finance Lab gets its yield farming protocol audited by OpenZeppelin Alpha Finance Lab, an ecosystem of DeFi products, has announced that Alpha Homora V2, a leveraged yield farming and leveraged liquidity providing protocol, is being audited by OpenZeppelin. This marks another step taken towards the relaunch of Alpha Homora V2, which will see the re-enabling of borrowing/opening new leveraged positions, additional leveraged pools and lending assets added and new special features. Alpha Homora V2’s audit by OpenZeppelin was conducted on top of previous audits done by Quantstamp and Peckshield. Multiple audits are a key part in Alpha Finance Lab’s multi-prong security model. The full audit report will be released in the coming weeks. Security Model at Alpha Finance Lab Alpha Finance Lab’s security model includes: Multiple audits from industry-leading firms Continuous external peer reviews Continuous internal reviews […]
April 8, 2021

DEX liquidity provider PancakeSwap now available on SWFT Blockchain

CryptoNinjas » DEX liquidity provider PancakeSwap now available on SWFT Blockchain SWFT Blockchain, a cross-chain exchange protocol, has announced that PancakeSwap has been integrated as a liquidity provider. A whole new world of cryptocurrencies and DeFi is now available for SWFT Blockchain users thanks to this update. The update means that swapping to Binance Smart Chain (BSC) cryptocurrencies is now easier than ever. Before this update, any BSC currency listed on SWFT Blockchain had to be first listed on a centralized exchange. Now, that is no longer the case. BSC For BSC token projects, this means that they can now open direct doors with hundreds of cryptocurrencies on dozens of blockchains. For SWFT Blockchain users, it means that if their favorite assets are only available on Binance Smart Chain or, more specifically, on PancakeSwap, they can now swap them to […]
April 8, 2021

Fidelity Says Bitcoin Adoption Will Keep Accelerating — ‘We’ve Reached a Tipping Point’

Fidelity’s head of digital assets says that bitcoin adoption will continue “at an accelerated pace,” noting that “we’ve reached a tipping point.” He explained that investors are increasingly drawn to bitcoin “Particularly, in an environment where we’ve seen unprecedented monetary and fiscal stimulus from central banks and governments in response to the pandemic.” The Tipping Point of Bitcoin Adoption Tom Jessop, president of Fidelity Digital Assets at Fidelity Investments, talked about bitcoin adoption Wednesday during an interview at Marketwatch and Barron’s “Investing in Crypto” event. Jessop is also head of Corporate Business Development for Fidelity Investments. The Fidelity executive says that the maturation and adoption of bitcoin as an investment class “will continue at a rapid pace in the coming years,” Marketwatch detailed, adding that this suggests that cryptocurrency may have turned a corner in traditional finance circles. He was […]
April 8, 2021

Wildly Popular Live Casino Games from Evolution Now Available on Bitcoin.com’s Gaming Portal

Bitcoin Games adds live casino games and shows from the most sought-after gaming software provider. Play Live Casino Games with Real Dealers Bitcoin Games is a one-stop gaming portal for players to enjoy a variety of casino games playable with cryptocurrency. There is something for everyone – from slot lovers to jackpot chasers, the online casino offers all kinds of exciting video games that members can play and win cryptocurrencies. The premium crypto gaming portal is now expanding its arsenal with the addition of live casino games and shows from the leaders of video-streamed live experiences – Evolution Gaming. The newly added live casino games include a variety of classics such as Baccarat, Blackjack, and Roulette, along with many other exciting games that promise players an unmatched gaming experience. Play live game shows like ‘Crazy Time’ and ‘Deal or No […]
April 8, 2021

Exchange tokens rally ahead of next week’s long-awaited Coinbase IPO

Binance Coin, WazirX and KuCoin Token have notched double-digit gains after centralized exchanges added lucrative staking opportunities and quickly listed new DeFi tokens.
April 8, 2021

Badger DAO integrates with institutional DeFi gateway Fireblocks

The Bitcoin-on-Ethereum project gets a major institutional breakthrough via Fireblocks.
April 8, 2021

Another Hedge Fund Gets Crypto Exposure via Grayscale’s GBTC

Millennium, the U.S.-based alternative investment management firm, has become the latest hedge fund to get exposed to cryptocurrencies via Grayscale Investments’ bitcoin trust. However, the extent of Millennium’s exposure to the crypto asset has not been disclosed as both Millennium and Grayscale executives have refused to comment. Nevertheless, a report by The Street says two sources claiming to have knowledge of the deal have confirmed Millenium’s acquisition of the shares. The report also quotes one of the two unnamed sources suggesting that Millennium, which has $48 billion worth of assets under management (AUM), could have been drawn to the crypto asset by the lingering discount on GBTC shares. At the time of writing, the discount on GBTC shares had dropped further to 11.45%. In the meantime, the sources in the report assert that Millennium’s indirect investment into BTC represents yet […]
April 8, 2021

Robinhood’s crypto business explodes in the first quarter despite GameStop controversy

The popular trading app offers commission-free trading for Bitcoin, Ethereum and other cryptocurrencies.
April 8, 2021

NYDIG raises $100 million and launches ‘Bitcoin-powered’ insurance initiative

The investment services firm said its new global head of insurance solutions would be spearheading the effort.
April 8, 2021

C. Palihapitiya: I Should Have Invested in Coinbase

Coinbase is all set to be traded on the Nasdaq beginning on April 14, and while the time for average Joes and Janes to invest in one of the world’s largest cryptocurrency exchanges has finally come, it appears many high-ranking financial players had an opportunity to invest in the digital platform during its early days. Sadly, some – such as Chamath Palihapitiya – did not take advantage of the circumstances when they were available. Coinbase Is the Envy of the Crypto World Billionaire investor and Virgin Galactic chairman Palihapitiya said in a series of tweets recently that he had the chance to invest in the cryptocurrency exchange many years ago. While he had an opportunity to purchase part of the company when it was seeking early funds, he passed on this given that he felt it was much more important and appropriate to own […]
April 8, 2021

How will SORA’s Price Perform After the Launch of Polkaswap?

Polkaswap leads the race to become the first decentralized exchange for Polkadot-based digital assets.
April 8, 2021

Alliance of major firms aims to reduce crypto’s carbon footprint

One of the group’s long-term goals involves transitioning all of the world’s blockchains to 100% renewable energy by 2025.
April 8, 2021

1inch, Celsius (CEL) and PancakeSwap (CAKE) rally as traders return to DeFi

Lucrative staking pools and reduced transaction fees are luring DeFi investors to 1inch, Celsius and PancakeSwap.
April 8, 2021

Mark Cuban The Future of Crypto Lies with Ethereum

Not too long ago, billionaire investor and owner of the Dallas Mavericks basketball team Mark Cuban commented that he owned quite a bit of bitcoin, but that his crypto portfolio also contained a healthy portion of Ethereum. While his initial sentiment was that Ethereum was considerably closer to a currency that bitcoin was, new ideas have been expressed, and Cuban allegedly seems to think that the future of the crypto space will rely heavily on ETH-based developments. Mark Cuban: Ethereum Will Seriously Outweigh BTC In a recent interview, Cuban says that he is quite impressed with Ethereum given that it boasts smart contract capabilities and that it has given rise to the decentralized finance (defi) space. Over the past few years, Ethereum has established its reputation as the go-to network for those looking to establish new coins and decentralized applications, though its popularity […]
April 8, 2021

1inch announces rebrand to ‘1inch Network,’ laying groundwork for expansion

Multiple teams, protocols and chains mean 1inch is growing fast
April 8, 2021

DeFi’s money markets are finally luring in institutional investors

The explosive growth of DeFi’s money markets over the last few years has finally gotten the attention of institutional investors.
April 8, 2021

Kraken reiterates tentative plans for direct listing next year

A direct listing is a more likely route for the digital currency exchange, CEO Jesse Powell says. His comments echo previous statements delivered to Cointelegraph.
April 8, 2021

Reef Finance aims to simplify DeFi investing through Baskets protocol

Reef Baskets V1 is intended to function in a similar manner as traditional ETFs.
April 8, 2021

US Regulator Accuses Lbry Project of Selling Unregistered Securities, CEO Denies Charges

The Securities and Exchange Commission (SEC) has filed a complaint against the blockchain-based file-sharing and payment network called Lbry last week, as the U.S. regulator has accused the company Lbry Inc. of selling unregistered securities. However, the CEO of Lbry denies the project’s native tokens are securities and says the SEC’s logic will put a number of public blockchain projects at risk. US Regulator Accuses Lbry of Selling Unregistered Securities U.S. financial regulators have filed a complaint against another blockchain project as the SEC claims the company Lbry Inc. sold unregistered securities. The SEC has used the Securities Act of 1933 to go after a number of blockchain projects and now it says that LBC tokens are unregistered securities. The SEC says that LBC tokens “were offered and sold as investment contracts, and therefore, securities.” Regulators say that the company […]
April 8, 2021

Ether price takes on Bitcoin — What’s behind the sharp rise in demand?

Ether remains close to the $2,000 mark after breaking its all-time-high at around $2,150, but what has driven its growth?
April 8, 2021

Coinme Is Establishing BTC Kiosks Throughout the Sunshine State

Coinme – a bitcoin kiosk company operating in the United States – has just installed approximately 300 separate bitcoin cash machines throughout the region of Florida, thereby allowing people to trade bitcoin for cash and vice versa and potentially boost further purchases with cryptocurrency. Coinme Is Building a Crypto Kiosk Community The company is hoping to start out small. Most of the kiosks have been stationed in grocery outlets and similar establishments. This, executives hope, will prompt people to begin making occasional everyday purchases with bitcoin. Should you need to run to the store to buy milk, bread and eggs, you can do so with a little BTC rather than through cash or with a credit card. Bitcoin ATMs and related machines are all the rage as of late, with many companies looking to install as many as possible. While demand for these […]
April 8, 2021

Riot Blockchain is set to acquire a Texas data facility for $650M

The $650 million deal sees Riot Blockchain acquiring a major data center owned by Northern Data AG, one of its competitors.
April 8, 2021

US must embrace Bitcoin to counter Chinese ‘financial attack’ — Pomp

Bitcoin, like the internet, can be used in ways which could compromise U.S. prowess without suitable allowances from lawmakers.
April 8, 2021

Vesta Equity and Algorand breathe new life into real estate tokenization

Vesta’s new platform gives homeowners the ability to convert equity into digital assets that can then be sold to accredited investors without compounding interest.
April 8, 2021

State Street Collaborates With Pure Digital to Launch Cryptocurrency Trading Platform

State Street, one of the largest asset management firms, is collaborating with crypto startup Pure Digital to set up a cryptocurrency trading platform. “Pure Digital will be a fully automated, high throughput OTC market for digital assets and cryptocurrencies with physical delivery and bank custody,” the company explains. State Street Providing Tech for Crypto Trading Platform Puremarkets Ltd., with trading name Pure Digital, announced Thursday that it is launching a “new and unique wholesale digital currency trading platform.” The company has also “entered into an agreement with State Street’s Currenex” as the technology provider for the trading infrastructure. State Street is one of the largest asset management companies in the world with $3.1 trillion under management and $38.8 trillion under custody and administration. It ranked 14th on the list of largest banks in the U.S. by assets. Currenex is a […]
April 8, 2021

Bitstamp crypto exchange hires former Barclays exec as new COO

Sameer Dubey is a 10-year veteran of Barclays and former head of operations for N26.
April 8, 2021

Bitcoin exchanges just saw massive Tether stablecoin deposits

Is a broader rally forming for Bitcoin as sidelined capital makes its way onto exchanges?
April 8, 2021

Equilibrium raises $2.5M to secure support for Polkadot parachain bid

Major Polkadot ecosystem investors are backing the DeFi protocol.
April 8, 2021

Real Estate Billionaire Buys Bitcoin, Accepts BTC for Rent Payment at His Residential and Retail Properties

Billionaire real estate mogul Rick Caruso has revealed that his company has invested in bitcoin for its treasury and will begin accepting the cryptocurrency for rent payment at its properties. Among the tenants of one of his properties is Elon Musk’s Tesla. Caruso said, “We believe that cryptocurrency is here to stay.” Caruso Going the Tesla Route, Investing in Bitcoin and Accepting It as a Means of Payment Billionaire real estate developer known for his lavish outdoor malls, Rick Caruso announced Wednesday on CNBC that his real estate company, Caruso Properties, has invested in bitcoin. In addition, he said the company “will begin accepting bitcoin as rent payment at its residential and retail properties.” Established in 1987, his Los Angeles-based company has over 2.5 million square feet of property assets, its website details. Its properties include town centers, residences, offices, […]
April 8, 2021

NFTs Come to Live in Uquid Shop as NFTD

PRESS RELEASE. Uquid Shop, the largest digital asset eCommerce platform is ready to buy and sell digital art, Social & Digital Content, Copyright Products, and Digitals Products involving non-fungible tokens(NFT). Uquid non-fungible tokens are known as NFTD. Scheduled to take place in 2021, the Uquid NFTD project will be the first in the field of NFTs, where users can give a unique identity and list their Gaming streams, TikTok video content, Youtubers videos, Music Cd’s and Records and copyright contents and sell it. In a Uquid shop with a merge of NFT to an eCommerce store, it will be easy to buy or sell assets. How is it Useful? NFTD is a type of cryptographic token that represents a unique asset and these are the tokenized versions of digital or real-world assets. They function as verifiable proofs of authenticity and […]
April 8, 2021

State Street to provide tech for institutional Bitcoin trading platform

Currenex, a State Street-owned FX platform, will provide its infrastructure for the Pure Digital cryptocurrency exchange.
April 8, 2021

C.R.E.A.M. launches Iron Bank flash loans, eyes cross-chain capital efficiency

Iron Bank is ready to reenter the spotlight after the Alpha Homora hack, and plans are underway to take the lending protocol to new heights.
April 8, 2021

Citi and IADB complete cross-border payment pilot with blockchain tech

IADB disbursed tokenized funds to a recipient in the Dominican Republic using the LACChain blockchain network.
April 8, 2021

Atari creates new blockchain division amid leadership shuffle

The video game giant says the new blockchain division will focus on leveraging the novel tech for decentralized gaming.
April 8, 2021

3 reasons Enjin Coin price surged by over 30% in a single day

ENJ, the native token of the Enjin blockchain ecosystem, is up 31% in the last 24 hours, for three key reasons.
April 8, 2021

The chicken or the egg: Why NFTs could be fungible after all

Not to derail the hype train, but NFTs might not be as nonfungible as you think.
April 8, 2021

Petition Calls on New SEC Chairman to Drop Ripple Lawsuit and ‘End War on XRP’

A petition has been started calling on U.S. Securities and Exchange Commission (SEC) Chairman-Designate Gary Gensler to end the lawsuit against Ripple Labs and its executives over XRP tokens. The petition also demands “a thorough investigation of the matters that led to the last-minute lawsuit against Ripple, filed on the last day in office by former SEC Chairman Jay Clayton.” Petition to End SEC Lawsuit Against Ripple An XRP advocate, Thomas Hodge, has started a petition on Change.org calling on SEC Chairman-Designate Gary Gensler to “end the war on XRP.” Gensler is President Joe Biden’s pick to lead the SEC following the departure of former SEC Chairman Jay Clayton. “We’re asking Gary Gensler, as soon as is confirmed as Chairman of the SEC, to take a close look at the SEC’s allegations against Ripple Labs, its cofounders, and the harm […]
April 8, 2021

Digital yuan campaign planned for contested island in the South China Sea

Participants will receive a discount for every central bank digital currency expenditure worth 100 yuan.
April 8, 2021

More Russians are disclosing their cryptocurrency incomes: Report

Consulting firms, such as PwC Russia, said that Russians have been increasingly reporting their income from cryptocurrency operations.
April 8, 2021

Freeliquid Lending Platform for Liquidity Pool Collateral Partners with Swop.Fi and Waves; Announces Expansion to Binance Smart Chain

By this moment, it has become clear that banks must buckle up, because a paradigm shift to lending is imminent. The DeFi market is rapidly taking the credit market by storm, effectively creating friction-less means of collateralizing cryptocurrencies in exchange for fiat, stablecoin, and crypto-based loans. Coupled with much lower interest fees and no bureaucratic processes, millions upon millions of dollar’s worth in crypto-secured loans are processed on a monthly basis. Freeliquid is further opening the DeFi lending market by providing users with loans backed by liquidity pool collateral. The service mainly appeals to liquidity providers on Uniswap and Curve Finance, who are currently earning APYs through stablecoin pair liquidity. Freeliquid Partners Up with Swop.Fi and Waves Exchange After seeing significant success on its path to becoming the DeFi market’s best LP-based lending product, Freeliquid is further expanding its value […]
April 8, 2021

Bitcoin price stalls as traders warn BTC could dip lower than $55K

This week’s drop is not “convincing,” analyst Filbfilb says, echoing others’ misgivings about the likelihood of a short-term bullish continuation.
April 8, 2021

New petition asks SEC chair nominee Gary Gensler to drop Ripple lawsuit

An XRP advocate started a petition to SEC chair nominee Gary Gensler, asking him to end the lawsuit against Ripple should he be confirmed as the new chair.
April 8, 2021

EOS Price Analysis: Bulls Could Struggle Above $6.40

EOS started a fresh surge above the $5.500 and $6.000 resistance levels against the US Dollar. The price is currently trading well above the $5.500 support and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $6.380 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase, but the bulls might struggle above the $6.400 resistance zone. EOS price is still trading in a positive zone above $5.500 against the US Dollar, similar to bitcoin. The price might trade in a range as long as there is no break above $6.400. EOS Price Analysis In the past few days, EOS price saw a strong increase above the $5.000 and $5.200 resistance levels against the US Dollar. The price even broke the […]
April 8, 2021

Tesla’s landlord accepts crypto; will Elon Musk pay rent in Bitcoin?

Elon Musk will accumulate Bitcoin, but will he spend it? The Tesla CEO now has the chance to pay his rent in BTC following its adoption by the real-estate firm he uses.
April 8, 2021

Cryptojacking Activity Decreased for the First Time Since 2018, Says Intelligence Report

Cryptojacking activity seems to be losing momentum, specifically types that mine monero, as a recent report unveiled a slowdown in the illicit crypto-mining activities in the cloud. A threat intelligence firm compiled the results. Report Focused on Cryptojacking Incidents With Monero According to Unit 42 in their “Cloud Thread Report,” cryptojacking attacks have been decreasing for the first time since 2018 – the year when the firm started to trace illicit mining activities. But the study put its focus specifically on monero (XMR). Threat actors in cryptojacking attacks mainly mine the privacy cryptocurrency, which has been well-document in other intelligence firms’ research. Per the Unit 42 report, from December 2020 to February 2021, only 17% of organizations worldwide with cloud-based infrastructure had cryptojacking activity. It represents a decline compared to the figure from July to September 2020, where 23% of […]
April 8, 2021

Litecoin (LTC) Price Analysis: Holds Key Support Near $210

Litecoin price topped near the $245 level and corrected lower against the US Dollar. LTC price is now trading well above the $200 level and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $212 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to continue higher as long as there is no daily close below the $205 zone. Litecoin price is showing positive signs above $212 against the US Dollar, while bitcoin is declining. LTC price could rally above $225 as long as it is above $205. Litecoin Price Analysis This week, there was a decent upward move in bitcoin, Ethereum, ripple, and litecoin against the US Dollar. Earlier, LTC formed a support base above the $192 and $195 levels to start the current […]
April 8, 2021

VC Backed Billion-Dollar Stablecoin Project Fei Protocol Falls Below the USD Peg

The new decentralized finance (defi) stablecoin project called Fei had some issues this week after the 1:1 USD pegged token dropped well below its targeted $1 value. The Fei project was supposed to be similar to Maker DAO’s algorithmic DAI stablecoin and it was backed by major venture capital firms. Fei Protocol Market Price Drops to $0.73 and the Stablecoin Fei’s Bid Slides to $0.136 On social media and forums, crypto advocates have been discussing the defi project called Fei after it lost its peg with the U.S. dollar this week. Currently, a single fei (FEI) is exchanging hands for $0.76 per unit but the price sunk lower than current exchange rates. Coingecko data shows a single FEI dropped to a market price low of $0.73 per token on April 7, 2021. 1 FEI = $0.136, @rleshner is down 80% […]
April 8, 2021

Paris Hilton drops surprisingly well-informed article about NFTs

Paris Hilton is bullish on non-fungible tokens and thinks the pandemic “illuminated the importance of digital worlds—and NFTs,”
April 8, 2021

The Ledger Solution Is Your Secure Gateway to All Crypto Services

Everyone already knows that a hardware wallet is critical to protect your digital assets, but did you know that Ledger offers much more than that? By combining the hardware wallet with the Ledger Live app you can buy, sell, lend, swap and stake multiple cryptocurrencies – all in one place. Access the Full Ledger Solution If you are an experienced crypto user you probably already know that a Ledger hardware wallet is the best solution to protect and own your private keys. In fact, you probably already own a Ledger hardware wallet as the company sold over 2 million hardware wallets in more than 165 countries since 2014. What you might not already know is that Ledger also offers a solution to accessing all your other crypto needs. To access the full solution all you need is a hardware wallet […]
April 8, 2021

ChainSwap raises $3M from investors including Alameda Research and NGC Ventures

The multi-chain bridge hub aims to bridge Ethereum and BSC and beyond.
April 8, 2021

3X as many crypto figures make it onto Forbes 2021 billionaires list as last year

Twelve crypto billionaires have made the Forbes list for 2021, with Sam Bankman-Fried the leader in crypto with a net worth of $8.7 billion.
April 8, 2021

Miners are hoarding Bitcoin from record daily earnings

Miners are back in accumulation mode, with 5,000 BTC added to Bitcoin’s unspent supply since the start of February.
April 8, 2021

The Missing Link: How Chainlink’s Pallet Aims to Deliver Greater Informational Access

As demand for smart contracts climbs, Chainlink’s modular oracle for the Substrate framework aims to power developers and defi applications with trusted off-chain information and pricing data needed to attract projects to Polkadot and Kusama. Blistering Growth in Defi and Smart Contracts Beckon New Layer of Trust As the smart contract revolution continues to gain traction, the fissures and flaws in existing infrastructure that supports these transactional protocols are becoming more apparent. Among the chief issues facing smart contracts, costs and security are the main factors in the spotlight. To continue growing and scaling these unique protocols while not only addressing the accompanying shortcomings, smart contracts will effectively need to be “smarter.” Yet, given blockchains’ validation constraints, which are intended to preserve stability and security, there is a barrier to off-chain information by design. Concerning smart contracts, satisfying contractual conditions […]
April 8, 2021

Crypto sentiment falls even as Bloomberg tips Bitcoin will hit $400K

Despite apparent sentiment shifts following this week’s price dip, experts are predicting Bitcoin will potentially reach $400,000 eventually.
April 8, 2021

Kyber Network introduces Uber-style surge pricing for DeFi token swaps

Dynamic fees will improve capital efficiency on the new DMM.
April 8, 2021

Bitcoin bulls return after BTC bounces at a key support level

Bitcoin price appears to be gaining bullish momentum after BTC bounced off the lower Bollinger Band.
April 8, 2021

Winding Tree launches ORGiD Bot, streamlining digital identity verification between blockchain businesses

CryptoNinjas » Winding Tree launches ORGiD Bot, streamlining digital identity verification between blockchain businesses Winding Tree, the Ethereum-powered travel distribution channel, has announced the launch of ORGiD Bot, an open-source registry that provides real-time identification and verification of companies and their representatives. ORGiD Bot is a dynamic solution to the growing dangers of identity theft and impersonation. By leveraging blockchain, Winding Tree has found a way to offer quick and seamless identity checks for blockchain and crypto companies. You can communicate with ORGiD Bot on Telegram, under the handle @orgid_bot. Phillipe Christodoulou thought he was downloading the app for Trezor, the maker of the famous cryptocurrency hardware wallet in which he would store his crypto, according to a March 30 story in The Washington Post. Instead, he sent his entire life savings, 17.1 bitcoin worth $600,000 at the time, to fraudsters running a fake […]
April 8, 2021

JPMorgan Boss Says ‘Emerging Issues’ Like Cryptocurrencies ‘Need to Be Dealt With Quickly’

JPMorgan’s boss Jamie Dimon has a bone to pick with cryptocurrencies, shadow banking, and the financial technology (fintech) economy. In a letter to JPMorgan shareholders, Dimon explained that banks are “playing an increasingly smaller role in the financial system” and there’s a list of items like digital currencies he’s named that needs to be “dealt with – and rather quickly.” Jamie Dimon’s Letter to JPMorgan Shareholders Says Banks Need to Focus on the Future Jamie Dimon has written a comprehensive letter to shareholders about the company’s accomplished goals and future concerns. Dimon’s letter, of course, meets the needs of his friends in Davos and the World Economic Forum’s 2030 playbook. The JPMorgan CEO addressed many of these targets like addressing climate change and lending more money to minorities who have limited access to banking. In addition to the accomplishments and […]
April 8, 2021

Tendermint acquires B-Harvest, creator of Cosmos-based Gravity DEX

CryptoNinjas » Tendermint acquires B-Harvest, creator of Cosmos-based Gravity DEX Tendermint, a software development company that builds software & community for the Cosmos Network, today announced it has acquired DeFi liquidity innovator B-Harvest, creator of Gravity DEX, the first interchain decentralized exchange created for the Cosmos Hub. Gravity DEX enables decentralized trading between any two Cosmos tokens — a $90 billion market that includes ATOM, BNB, LUNA, and CRO — or any of the galaxy of tokens beyond the Cosmos ecosystem. Built with the Inter-Blockchain Communication (IBC), Gravity DEX will enable permissionless, trustless exchange of digital assets throughout Cosmos and other blockchain networks while integrating liquidity pools across dozens of protocols efficiently with its Equivalent Swap Price Model (ESPM) Automated Market Maker (AMM). The launch of Gravity DEX is a fundamental step in enhancing blockchain interoperability within the Cosmos ecosystem. […]
April 8, 2021

Ontology’s cross chain DeFi lending platform Wing is now live on Ethereum

CryptoNinjas » Ontology’s cross chain DeFi lending platform Wing is now live on Ethereum Wing, the credit-based cross-chain DeFi lending platform developed by Ontology, the public blockchain specializing in decentralized identity and data, is now live on Ethereum. Launched on the Ontology blockchain in September 2020, Wing has seen monumental growth in both the total value locked, which now stands at over $200m, as well as in levels of lending and borrowing activity between users. Following its integration with Ethereum, millions of global DeFi users will now have access to Wing’s unique lending, borrowing, and insuring options, including the option to swap assets into pegged assets on the Ontology blockchain where they can find lower transaction fees and higher processing speeds. Features of Wing Wing is designed to promote a mutually beneficial relationship between borrowers, creditors, and guarantors through a […]
April 8, 2021

China using Bitcoin as ‘financial weapon’ against United States: Peter Thiel

Peter Thiel has urged the U.S. government to reappraise China’s relationship with Bitcoin from a geopolitical perspective.