Bitwise filed for a new exchange-traded fund tracking the performance of crypto innovators. It plans to launch a “crypto innovators exchange-traded fund”, which seeks to provide investment results that correspond to the performance of companies on the ‘Bitwise Crypto Innovators Index.’ According to a 5 February filing with US Securities and Exchange Commission (SEC), Bitwise...Read More
US-based crypto trader and miner Simon Byrne has six Nvidia RTX 3080s graphics cards in the trunk of his BMW i8 car which is able to run the mining rig. According to HardwareTimes, the car’s internal battery can power the crypto mining equipment, however, Byrne keeps the trunk open to prevent the rig from overheating....Read More
China-based Bitcoin miners are facing setbacks because of a lack of mining chips, across the world. The region, which is the world leader in the mining business, is facing unprecedented prices of mining equipment, amid increasing demand for cryptocurrency. TokenInsight COO Wayne Zhao explained in a report that China once accounted for 80% of the...Read More
A new survey by Deutsche Bank recorded investors’ opinions on Bitcoin. Respondents were asked specifically about the digital asset as well as electric car company Tesla. More than half of people surveyed (about 56%) now think that Bitcoin and Tesla are more likely to halve than double in value. Source: Twitter A majority of respondents...Read More
Khurram Shroff, Chairman of IBC, or International Blockchain Consulting Group, believed that cryptocurrencies could replace bullion in the future. Speaking about Wall Street’s “renewed interest” in crypto markets, the Dubai-based executive also believed that Bitcoin’s scarcity “helped maintain buoyancy” in such markets. Shroff said in a report: Decentralized cryptocurrencies are sparking renewed interest on Wall...Read More
Grayscale Investments caught the media’s attention this week, after breaking above $10 Billion in digital assets under management. Interestingly, as Grayscale investment’s news broke the Internet, the trade volume on spot exchanges cooled off dropping below the $550 million price level based on data from Skew. BTC Aggregate Daily Volume || Source: Skew Retail traders...Read More
Zhou Xiaochuan, former Governor of China’s central bank revealed today that the nation’s long-awaited Digital Currency Electronic Payment or its CBDC, digital yuan, is not being issued as a replacement to global fiat currencies such as US dollar or Euro, according to a local report from the SCMP. During the Shanghai Financial Forum, the official...Read More
IOHK has been working on the token locking functionalities before the Hard Fork Combinator [HFC] event which has been scheduled for the first week of December. The team has been continuing with its Goguen rollout, which has been an important milestone after Shelley. In a recent update, Dimitris Poulopoulos, Goguen Project Manager, and Volodymyr Hulchenko,...Read More
Vietnam’s Ministry of Education and Training (MOET) will now avail blockchain services from smart contract platform TomoChain following a recent partnership. The Ministry would make use of blockchain’s core features such as transparency and having an immutable verification of data. According to a release shared with AMBCrypto, the Ministry’s National Qualifications Archive program will ensure...Read More
In anticipation of the upcoming hard fork of Bitcoin Cash (BCH), Hardware wallet manufacturer, Trezor announced that it “will not be supporting any coin split that may result from it.” Our official announcement regarding Bitcoin Cash hard fork. Trezor will not be supporting any coin split that may result from it. Read the full statement...Read More
Major blockchain engineering company IOHK announced that it will sponsor the newly-created Haskell Foundation, which is dedicated to broadening adoption of the Haskell programming language. IOHK said it would donate $125,000 to the foundation which was launched at the Haskell eXchange virtual conference on 4 November. With this move, IOHK will be Haskell Foundation’s largest...Read More
United Nations Office on Drugs and Crime (UNODC), advisor wants countries like Kenya to adopt blockchain technology which would then make it easier for the nation to trace government corruption and other economic crimes. UNODC’s regional anti-corruption advisor, David Robinson, believed that online trust was necessary while building confidence in governments and preventing fraud and...Read More
Centre for Science and Security Studies, which is the research wing at King’s College London published a report on 2 November that outlined attributes of blockchain technology and how it could enhance trust between nations fighting to dismantle nuclear warheads, “in a safe” and “reliable” way. According to the arguments set forth in the report,...Read More
New York-based telecommunications company Verizon has announced the launch of a blockchain-based, “open-source newsroom product designed to raise the bar for corporate accountability,” according to its report released. Verizon’s new initiative, dubbed the ‘Full Transparency,’ platform is meant to immutably document the company’s own news releases and provide a record of changes to communications on...Read More
Airport officials at Lamezia Terme International located in the southwest region of Calabria caught a 41-year-old technician from Italy for illegally mining Ethereum (ETH) according to a report published. The ETH miner who was in charge of managing computer systems at Lamezia was employed by Sacal SpA, the company that is responsible for maintaining the...Read More
Toyota Systems, a wholly-owned IT subsidiary of Toyota Motor Corporation announced today that it is experimenting with a digital currency solution as part of a new pilot project with DeCurret, a Japanese cryptocurrency exchange. This new project involves automating payments with its private digital currency to its 2,500 staff at Toyota Systems. The payments made...Read More
Major crypto exchange Binance announced today that its investment and incubation arm, Binance Labs has made a strategic investment in a new blockchain-based decentralized streaming protocol, called Audius. Binance Labs led the extension round for Audius which was worth $1.25 million. The community-owned music sharing protocol is yet to launch on mainnet, and had earlier...Read More
Bitfinex announced today listing of HUMAN Token (HMT) which serves as the medium of exchange which will be used to power the decentralized labor markets built on the HUMAN Protocol. Deposits for HMT on Bitfinex will open on October 27, while Trading of HMT with USD and USDT pairs on Bitfinex will go live on October...Read More
Blockchain research and development startup IOHK, and Ethereum Classic Cooperative today announced a collaboration to provide ETC community with solutions that aimed to improve security of the network, especially after ETC had been 51% attacked three times already. In a release shared with AMBCrypto on Tuesday, the two entities analyzed the vulnerability of the ETC...Read More
Sadyr Japarov, Acting President of the central Asian nation Kyrgyzstan, offered the nation’s election commission to use blockchain technology to streamline elections in the country. In an interview with Al-Jazeera, Japarov believed that only blockchain tech would make way for “fair” presidential and parliamentary elections. Until recently, the newly appointed President and Prime Minister was...Read More
To improve its base protocol, developers of Monero (XMR), a privacy-focused cryptocurrency, announced a network ‘Oxygen Orion’ upgrade, which will implement a new software- the linkable ring signature protocol- called ‘CLSAG,’ to make transactions “lighter and faster.” CLSAG (or compact linkable spontaneous anonymous group) feature is said to reduce average transaction “size” by approximately 25%...Read More
Cryptocurrency exchange Coinbase announced today that it would sponsor at least two Bitcoin developers, who contribute directly to the Bitcoin Core codebase or closely associated Bitcoin projects, through the exchange’s new grants dubbed Crypto Community Fund. Coinbase said it would make the final selections after current Bitcoin Core developers and “important” community members shortlist the...Read More
Polkadot announced that a new trustless wrapped Bitcoin – PolkaBTC- will be released on its blockchain in early 2021. This will be Polkadot’s first trustless wrapped Bitcoin which the platform deemed as a critical step toward an interoperable ecosystem. The tokenized bitcoin, which will enable users to mint 1:1 bitcoin-backed assets onto Polkadot, is being...Read More
Hollywood has been known to be illiquid, a fact that first resonated with film producer and businessman Christopher Woodrow who launched the MovieCoin token. Following this, the trend, it seems, has only grown. The Liechtenstein Cryptoassets Exchange, or LCX, announced today that the platform would provide issuance of a new movie token dubbed RVW, which...Read More
Calling it “unfortunate” that U.S regulators did not have a clear approach to cryptocurrencies, Garlinghouse re-emphasized that the lack of a single national regulatory framework was putting US companies, such as Ripple itself, at a disadvantage and that the company yearned for a “level playing field.” Over the last two weeks, CEO of Ripple, Brad...Read More
The adoption of traditional financial tools to crypto-currencies is not new and when it comes to gauging crypto prices, several trackers have come and gone that especially allows investors to estimate volatility of each crypto. On that note, the fintech platform which enables cross-chain interoperability, COTI (Currency of the Internet) has developed a Market Fear...Read More
With all eyes on the phased upgrade of Ethereum, the network has further decided to perfect its upcoming Eth 2.0 network. In that regard, Project lead of Ethereum 2.0, Danny Ryan announced a bug bounty program to incentivize Eth community and other bug hunters to find and report vulnerabilities. p.s. there are a few bounties...Read More
Decentralized oracle network Chainlink’s Grant Program is making more than $100,000 worth of blockchain integration grants available to developers that fully integrate the smart contracts platform into new blockchains. So far, Chainlink has accepted the first integration proposal for the DeFi scaling provider Solana network, including its Serum project. The program is an addition to...Read More
Ripple announced today that it has launched a new beta service dubbed Line of Credit that is available to RippleNet customers who can now use the network’s on-demand liquidity (ODL) service to source capital and initiate payments using the network’s token XRP. This would mean that Ripple’s Line of Credit would provide upfront access to...Read More
Solana, which offers scalable solutions to decentralized applications, today announced the launch of its cross-chain bridge, dubbed Wormhole, which connects ETH and ERC-20 tokens to the Solana blockchain’s SPL tokens. Wormhole bridge will allow DeFi developers to move tokenized assets “trustlessly” across blockchains, taking advantage of Solana’s “speed and cost” which the firm claimed was...Read More
