Inside ETH 2.0, parachains, and NFTs with Peng Zhong of Cosmos

This week on Cryptonites saw host Alex Fazel catch up with Peng Zhong of Tendermint, a developing and code maintaining company of high-speed blockchain Cosmos. Zhong has a long history in the Tendermint and the Cosmos ecosystem joining co-founders Ethan Buchman and Jae Kwon as Tendermint Inc’s first employees in 2015. His deep understanding of …

The Boston Celtics Announce Partnership With Blockchain Company Socios.com

The crypto industry keeps entering into mainstream venues via professional sports leagues, athletes, and teams this year. On Wednesday, the Boston Celtics revealed a partnership with the blockchain provider Socios.com. Socios.com to Serve as the Presenting Partner of the NBA’s Boston Celtics On July 7, Socios.com, the blockchain firm that offers fans a chance to …

UFC Partners With Crypto.com — Sources Say $175 Million Deal Is MMA Firm’s Largest Sponsorship

The cryptocurrency exchange Crypto.com has revealed the company has entered a partnership with Ultimate Fighting Championship (UFC) as the firm’s global fight kit partner. Reports stemming from people familiar with the matter say the partnership is a ten-year deal worth $175 million and the UFC’s largest sponsorship deal to date. UFC Names Crypto.com First-Ever Global …

Chinese Bank Employees Told to Entice 300 Customers to Use the Digital Yuan

In mid-May, a report stemming from residents in Shenzhen, China explained that the digital yuan wasn’t seeing widespread participation, which the Chinese government has alluded to in many press releases. Now a handful of China’s state-owned banks have asked staff to recruit 200 to 300 digital yuan users. The banks are also giving away small …

Charles Hoskinson Faces Twitter Backlash as His Cardano Predictions Fall Short of Reality

Charles Hoskinson, the founder of Cardano, has recently found himself the target of Twitter critics as year-old tweets that highlighted projections for the network’s adoption are failing to match community expectations. Slower Rollouts and Sluggish Adoption Spotlighted by Critics Cardano, the fifth-largest cryptocurrency by market capitalization and self-titled third-generation blockchain initiative, has no shortage of …

Cybercriminals Disable Site Hosting Bitcoin Whitepaper, Demand Ransom Payment in BTC

The website that first published the Bitcoin whitepaper says that the site suffered a malicious attack by cyber ransomers. Cøbra, the pseudonymous owner of Bitcoin.org, tells his 42,000 followers that the site suffered a distributed denial-of-service attack (DDoS). A DDoS attack is done by artificially flooding a website with traffic to overwhelm it, making it …

Nafty Brings Blockchain Solution To Empower Adult Content Creators and Reward Consumers

July 7, 2021 – London, England Nafty, a DeFi ecosystem for the $97-billion adult industry, has officially launched the NAFTY token and three adult content platforms. Through its various platforms, Nafty aims to change the way adult creators sell their content and engage with their fans. Nafty has partnered with well-known adult stars to make …

Reality show is casting crypto users locked out of their wallets

A casting call for a cable network series may offer crypto users at the end of their rope a way to access tokens locked away — or at least show viewers some of the options available to them. In a LinkedIn post from last month, casting director Jessica Jorgensen called on crypto users who have …

Shiba Inu (SHIB) DEX ShibaSwap surpasses $1B TVL 24-hours after launch

Dogecoin (DOGE) has proven to the world that even a project that started as a joke can gain value and notoriety in the cryptocurrency space. This phenomenon opened the door for multiple ‘meme’ cryptocurrencies to gain a foothold and a quick look at the trending tokens list on CoinMarketCap shows the meme effect has found …

Buy the rumor, sell the news? $10K Ethereum options are 88% down from their peak price

This year’s 500% accumulated gain took Ether’s (ETH) price to a $4,380 all-time high on May 12, and this rally was even more robust than the late-2017 move. The famous bull market, or bubble, depending on how you see it, took Ether’s price on a 390% rally from $290 in November 2017 to $1,420 in …

Former CFTC chair explains why regulators should approve a Bitcoin ETF

Timothy Massad, who served as Chair of the United States Commodity Futures Trading Commission between 2014 and 2017, has laid out the reasons why he thinks regulators should approve a Bitcoin exchange-traded fund.  In an opinion piece published on Bloomberg Wednesday, Massad said the Securities and Exchange Commission, or SEC, should approve a Bitcoin ETF …

Top Trader Flips Bullish on Two Altcoins, Says One Crypto Sector Is Showing Strength

Popular crypto trader and analyst Cantering Clark believes two altcoins may be ready to take off while one sector of the markets shows signs of strength.  While Bitcoin moves mostly sideways, the pseudonymous trader tells his 60,200 followers that he closed a short position on Synthetix (SNX) as the decentralized finance (DeFi) sector is starting …

Unmarshal Forms Strategic Partnership With Ethernity Chain To Elevate NFT Space

July 7, 2021 – British Virgin Islands Unmarshal is proud to announce a strategic partnership with Ethernity Chain, a blockchain-based platform that exhibits authenticated non-fungible tokens (ANFTs). The artifacts and the artworks produced on Ethernity Chain are tokenized and traded on the blockchain. Unmarshal would be helping them chain to source and fetch real-time reliable data …

Top Analyst Predicts Parabolic Bitcoin Rally, Says Bull Market Gearing Up for Final Phase

A prominent crypto strategist and trader is predicting a parabolic rise in Bitcoin’s value that would make the rise to the recent all-time high of $64,000 a blip in the chart. Jack Sparrow, the crypto analyst who accurately predicted BTC’s rise to $19,000 last year, tells his 203,600 followers that he’s positioning himself to capture …

Argentine lawmaker introduces bill for workers to be paid in crypto

A member of the lower house of the Argentine National Congress has introduced legislation that would allow certain workers in the country to receive some or all of their salary in crypto. In a Tuesday tweet, Argentine Chamber of Deputies member José Luis Ramón said his proposed crypto bill would apply to anyone working as …

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