Tokenized Walking Dead Ethereum-based NFT metaverse “The Sandbox” has partnered with Skybound Entertainment to incorporate a Walking Dead game in the virtual world. The Walking Dead is famous thanks to the TV show, however the story and characters are based on original comics from Skybound Entertainment. The Sandbox is owned by NFT game and property …
Category archives: Trending Crypto news
Survey finds most El Salvador citizens are skeptical of making BTC legal tender
According to a newly released survey, up to three-quarters of Salvadorans are skeptical over President Nayib Bukele’s Bitcoin adoption plans. The survey, which polled 1,233 people across El Salvador between July 1 and 4, revealed that only 20% approved of the plan to make Bitcoin legal tender The survey, which has a margin of error …
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Hydro plant from 1897 earns 3X as much mining BTC as selling power to the grid
New York’s Mechanicville hydroelectric plant — one of the oldest hydropower generation facilities in the United States — is now host to Bitcoin mining. The plant is owned by Albany Engineering Corp (AEC), which was asked to restore it by the National Grid in 1986. Jim Besha Sr., AEC’s chief executive, notes that cryptocurrency mining …
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Jack Dorsey confirms Square is building an ‘assisted custody’ BTC hardware wallet
Digital payments firm Square is building a Bitcoin hardware wallet, with CEO Jack Dorsey and hardware lead Jesse Dorogusker both confirming the plan on Twitter. The tech entrepreneur and Bitcoin proponent, first teased the idea for a Square hardware wallet and custody service last month, bu revealed today that “we’re doing it.” We’re doing it …
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Ethereum’s London upgrade deployed to final testnet ahead of August 4 fork
The long-awaited London upgrade for the Ethereum network is edging closer as the code was deployed to the final testnet this week. Ethereum’s London hard fork, which will usher in the EIP-1559 upgrade, has now been scheduled for August 4 following the launch on the Rinkeby testnet on Thursday. Ethereum developer Tim Beiko posted the …
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EU eyes new money laundering regulator and stricter crypto reporting requirements
The European Union is looking to launch a new agency designated with cracking down on money laundering at the regional level, with increased reporting requirements around crypto transactions listed among its principal objectives. A July 8 report from Reuters citing leaked EU documents asserts the European Commission is proposing forming a new Anti-Money Laundering Authority …
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Bitcoin Whale Movements Signal Crypto Market Bottom Is In, Says On-Chain Analyst Willy Woo
New data on the amount of Bitcoin being scooped up by crypto whales and retail traders signals the bottom is in, according to on-chain analyst Will Woo. Woo is taking a close look at the flow of BTC to and from crypto exchanges. ADVERTISEMENT He says despite sideways price action, investors appear to be …
Shanghai Man: Central bank speaks out, BTC searches down and HK fund backs Animoca
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. China crackdown: Week 7 The summer of crackdowns continued this week, making it seven weeks since the initial announcement on May 18 that …
Is Bitcoin overbought or oversold? Use Bollinger Bands to find out!
Trading is neither an exact science nor art. It is a mixture of both. There are scores of publicly available indicators and each claims to be the best. However, none of them are perfect or designed to be used in isolation. One of the more popular indicators widely used by several traders is Bollinger Bands, …
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3 reasons why Ethereum exchange reserves are falling to new lows
Over the past week, astute crypto market analysts noticed some interesting developments related to the supply of Ether (ETH) as the network’s August 4 London hard fork approaches. Recent data from CryptoQuant, an on-chain analytics firm, indicates that the amount of Ether held in cryptocurrency exchanges’ reserves has hit new daily lows since the start of …
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China Taking Measures Against Group of Altcoins, Says They Could Endanger Global Monetary System: Report
China is sounding the alarm on crypto assets that are pegged to fiat currencies. The country’s leading banking official says that such stablecoins pose a risk to the global monetary and payments system, according to a CNBC report. The report quotes the deputy governor of the People’s Bank of China (PBoC), Fan Yifei, who says …
Operator of Stablecoin With 3,400% Circulation Growth in 2021 To Go Public – Here’s When
The creator of a widely-used stablecoin is planning on going public after seeing massive 3,400% growth in coin circulation. Circle is a global financial technology firm that provides payments and treasury infrastructure for internet businesses. They are the principal operator of blockchain-based USD Coin (USDC), which has become the fastest-growing, regulated, fully reserved dollar digital …
First Midwest Bank Trust Division increases Grayscale Bitcoin Trust holdings by 283%
Illinois-based financial services company First Midwest Bank’s trust division has reported it held 29,498 shares of Grayscale’s Bitcoin Trust as of the second quarter of 2021. According to an institutional investment manager holdings report filed by the First Midwest Bank Trust Division to the U.S. Securities and Exchange Commission, the company increased its shares of …
Bullish on Ethereum’s London hard fork? Here’s an options strategy pro traders use
The Ethereum network will undergo a major upgrade on Aug. 4, as the long-awaited London hard fork is expected to launch at block 12,965,000. The transition is part of a roadmap leading to the Ethereum 2.0 release, which aims to migrate the network to a proof-of-stake consensus mechanism. By no longer depending on the intense …
Santander’s UK arm follows Barclays in banning payments to Binance
Spain-based bank Santander’s U.K. business will no longer be allowing its customers to send payments to Binance, citing warnings from the Financial Conduct Authority. Several replies from Santander’s U.K. Twitter help account today said the bank has “decided to prevent payments” to the world’s biggest crypto exchange in an effort to prevent fraud. The bank …
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