#XBT: Latest News

Charming Oddity Untitled Goose Game to Land on Nintendo Switch

Dev House House was out to ruffle some feathers by announcing the release date for possibly the best-titled game ever – Untitled Goose Game. | Source: Christian Petersen / Getty Images / AFP Melbourne-based four-person development team House House was out to ruffle some feathers when it announced yesterday the release date for possibly the...
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US Air Force Steps Up Blockchain Use: What Else Is the Pentagon Up To?

This week saw twin reports from smart contract startup Simba Chain and blockchain data management firm Constellation, both of whom announced contracts with the United States Air Force.  New utility in USAF Judging by these developments, the U.S. Air Force is looking seriously at new tech to shore up supply chains and rearrange data. Simba...
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How Trump’s Tweet Could Salvage this S&P 500 Stock

Exxon Mobil was muscled out of the S&P 500 index’s top 10 stocks, but a potentially bullish scenario for oil could return the stock to its former glory. | AP Photo/Carolyn Kaster Exxon Mobil has not been able to escape the wrath of the global economic slowdown and the U.S./China trade war. The company, whose...
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South Africa: Potential for Growth Despite Strict Crypto Regulations says Monero Core Team Member

Despite the severe economic and political issues on top of strict crypto regulations in South Africa, Riccardo Spagni, a member of the Monero Core Team and co-founder of decentralized platform Tari Labs says the country is still an excellent breeding ground for motivated entrepreneurs, reports Mybroadband on August 30, 2019. Local Businesses can Benefit Per...
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Kyrgyzstan Proposes Draft Law to Introduce Crypto Mining Taxation

On Aug. 28, the Ministry of Economy of Kyrgyzstan has submitted the draft law “On Amending the Tax Code” with the aim of introducing cryptocurrency mining taxation. New tax proposal According to news outlet Kabar, the draft law was specifically developed to allow for the possible taxation of crypto mining. The taxation on cryptocurrency mining...
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Microsoft Finally Refunds 12-Year-Old’s $1,300 Xbox Live Spending Spree

Microsoft has issued a refund to a 12-year-old child with ADHD who spent over $1,300 on Xbox One video games without his parents’ knowledge. | Source: Shutterstock Microsoft has finally refunded more than 100 purchases made by a 12-year-old gamer from the UK. The child, who had been diagnosed with ADHD and exhibits symptoms of...
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‘Candy for Millennials’ Auto Stock Has Skyrocketed by 900%

Carvana is all about making the experience of buying a used car fun. It’s “candy for millennials.” The stock rallied by over 900% in 2 years. | Source: Shutterstock Carvana Corporation is all about making the experience of buying a used car fun. Buyers browse through the tech company’s selections online. Once approved for financing,...
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Ninja Bashes Fortnite Cheaters After Rage-Quitting for Minecraft

Popular streamer Ninja slams Fortnite cheaters who take part in teaming, calling for Epic Games to do something to ‘mitigate’ the issue. | Source: Robert Reiners / Getty Images / AFP Popular streamer Ninja unloaded on Fortnite cheaters who he says are ruining the battle royale juggernaut’s competitive landscape. The streamer, real name Tyler Blevins,...
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The Crypto Custody Conundrum: What Are We Even Talking About?

Noelle Acheson is a veteran of company analysis and CoinDesk’s Director of Research. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a free weekly newsletter focused on crypto assets. Sign up here. For a primer on crypto custody concepts, you can download our free report here. ...
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Price Analysis 31/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XLM, ADA

This week, major cryptocurrency exchange Binance stated that it plans to take a conservative approach and that Venus project will comply with all the regulatory requirements. This will keep it away from the hurdles that Facebook’s Libra project currently faces.  The total market capitalization of cryptocurrencies has dipped below $250 billion. Since mid-July, crypto markets...
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Pantera Capital Invests in Four Scalability-Focused DLT Projects

Pantera Capital, a distributed ledger technology (DLT) focused investment firm and hedge fund has adopted four blockchain projects aimed at solving the age-long scalability problems of the cryptoverse. The projects include Polkadot, BloXroute, Origin, and Filecoin, reports Forex Crunch on August 29, 2019. Pantera Capital Focused on Eliminating Scalability Issues  Of a truth, blockchain technology...
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College Athletes Move a Step Closer to Getting the Money They Deserve

The NCAA has been taking advantage of student athletes for years. Thanks to California Senator Nancy Skinner, that could soon be changing. | Source: Stephen R. Sylvanie-USA TODAY Sports Payday could finally be coming for some college athletes. California Senator Nancy Skinner just tweeted that her SB 206 bill won unanimous approval from the Assembly...
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Continental Unveils Demo Earning App for Blockchain-Based Car Platform

Automotive supplier Continental has unveiled an application called Earn As You Drive, which uses blockchain technology to monetize car user information. Parking space data for digital currency Forbes reported the news on Aug. 29. Per the report, Continental has partnered with tech firm Hewlett Packard Enterprise and open source network provider Crossbar.io to create Earn...
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Stock Market Legend Warns of Depression, but He’s Been Wrong Before

The Bridgewater Associates co-chief investment officer warns that the stock market could be gearing up for a repeat of the 1930s. | Source: Shutterstock Forget all the recession talk, Wall Street tycoon Ray Dalio is afraid an economic depression could be in the cards. The Bridgewater Associates co-chief investment officer warns that conditions in the...
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South Korean ArtBloc to Sell David Hockney Paintings via Blockchain

South Korean art-focused blockchain project ArtBloc will conduct a fractionalized ownership sale of two paintings by popular British painter David Hockney. ArtBloc launch commemoration ArtBloc plans to host a special event introducing the blockchain-enabled fractionalized ownership sale of two of David Hockney’s paintings in Seoul on Sept. 19, local outlet KoreaTechDesk reported on Aug. 29....
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Jack Dorsey Twitter Hack a Sick Way to Protest Hate Speech

The Jack Dorsey hack may have been a protest against Twitter’s reluctance to censor hate speech while also highlighting no one is safe online. | Source: REUTERS/Anushree Fadnavis/File Photo In a shocking display of Twitter’s vulnerability, CEO Jack Dorsey had his account hacked. The offending tweets were clearly intended to be as offensive as possible...
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Jaguar Uses Iota in Proof-of-Concept Demo for Tracing Car Energy

Distributed ledger technology (DLT) company Iota partners with auto manufacturer Jaguar Land Rover for a proof-of-concept (PoC) demonstration for tracing car energy with DLT. Tracking energy source and usage Iota announced the news in an official blog post on Aug. 30. Per the announcement, Iota is partnering with Jaguar Land Rover and French energy R&D...
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Best Job Ever? Get PAID to Pig Out at NFL Stadiums & Watch Football

One sports betting site just poste the BEST job listing ever: NFL food tester. That’s right, you’ll get paid to pig out and watch football. | Source: Joe Robbins / Getty Images / AFP The best jobs in the NFL are the ones where you earn a paycheck without risking catastrophic brain damage: general manager,...
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Epic Games Lures Players with Free Game Tactic

Epic Games is knee-deep in a cleverly orchestrated campaign for the hearts and minds of gamers – weekly free games on the Epic Games Store. | Source: Shutterstock While much of the press coverage dedicated to Epic Games focuses on the ethical merits of tempting developers with lucrative deals and community backlash to exclusivity, the...
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Supermarket Chain Migros Implements Blockchain-Based Food Traceability

Switzerland’s largest supermarket chain and retailer, Migros is turning to blockchain to keep tabs on its supply chain for food. Migros announced the implementation of TE-Food’s blockchain-based food traceability system, Aug. 29. Whilst many retailers are incorporating such systems to provide transparent information to customers, Migros is looking to the technology to optimize processes and...
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Telegram’s Blockchain Will Be Compatible With Ethereum: Source

Telegram’s new blockchain project will be compatible with ethereum, according to a tech startup building tools for the network. The messaging company is expected to release the code to run a node on the Telegram Open Network (TON) on Sunday, allowing users to trial its project in advance of the project’s expected mainnet launch on...
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Zcash Developer Electric Coin Co. Reveals Q1 Financial Loss

The Electric Coin Company (ECC), the for-profit company that supports the development of the zcash cryptocurrency has issued its Q3 transparency report, revealing it has so far avoided layoffs during the bear market despite financial losses. According to the report, the company ran an average a monthly deficit of 30 percent in Q1. The ECC...
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Binance: Venus Project Will Court Regulators, Avoid Facebook’s Mistakes

Cryptocurrency exchange Binance has said that it will learn from the regulatory issues that have plagued Facebook’s proposed Libra digital currency.  In an interview, Aug 29, Binance co-founder He Yi claimed that the company will engage with regulators from day one regarding its Venus stablecoin project. He also confirmed previous rumors that Venus will be...
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This Fortnite-Ripoff Jumanji is an Awful-Looking Video Game

Jumanji the video game doesn’t need your money nor time as the latest Fortnite ripoff. | Source: Shutterstock Video game adaptations of Hollywood movies have a sketchy track record as haphazardly-assembled money-makers offering the bare minimum in terms of game play and art-style. Going by a new game play trailer released yesterday, developer Outright Games’...
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Binance Funds 40 Developers to Build Open-Source Crypto Software

Malta-based crypto exchange Binance wants to spur greater research in open-source blockchain development. To that end, the exchange unveiled Binance X on Thursday, announcing that it was funding more than 40 developers conducting research into open-source crypto software. Binance X also hopes to facilitate collaboration in the Binance ecosystem by providing resources to projects in various...
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UN Official: Crypto Makes Policing Child Trafficking ‘Exceptionally Difficult’

A top United Nations (UN) official said cryptocurrencies are making international efforts to combat terrorist financing, money laundering and cyber-crime “exceptionally difficult.” Neil Walsh, chief of the Cybercrime and Anti-Money Laundering arm of the UN’s Office on Drugs and Crime, said that the anonymizing and pseudo-anonymizing attributes of cryptocurrencies provide a “new layer of secrecy...
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Why Tether Volume Surged to All-Time Highs in August

A year after China banned local fiat on-ramps for crypto exchanges, Chinese traders continue to drive the market forward by using the dollar-pegged stablecoin tether (USDT). “Crypto trading businesses are restricted from accessing banking services in China, but they are thriving nonetheless,” Dragonfly Capital Partners co-founder Alexander Pack told CoinDesk. Traders generally work around such...
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Report: Cryptojacking Campaigns Up by 29%, Ransomware Attacks Up 118%

Cybersecurity company McAfee Labs has released its August 2019 threat report, which notes an increase in cryptojacking campaigns and ransomware attacks in Q1 2019. Cryptojacking on the rise McAfee Labs posted their report on the company’s website on Aug. 28. According to the report, crypto jacking — installing and running a cryptocurrency miner without user...
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PNC Completes First Cross-Border Payment via RippleNet 

PNC Financial Services Group, Inc, a Pittsburgh, Pennsylvania-based bank holding corporation has successfully processed its first cross-border payments for clients’ using Ripple’s blockchain solution, RippleNet, according to a Fintech Futures report on August 29, 2019. PNC Joins DLT Bandwagon Per sources close to the development, PNC Treasury Management has become the first U.S. bank to...
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Amberdata Discovers ‘RPC Call’ Bug in Parity Ethereum Client

A code vulnerability that could have forced computer shutdowns was found on Tuesday in the second most popular ethereum client. Parity connects over 3,000 computer servers around the globe to the ethereum blockchain network. On Thursday, Parity Technologies, the startup responsible for building and maintaining the ethereum client, released updated code to fix the bug. Only...
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Bitcoin (BTC) $ 98,165.30 0.64%
Ethereum (ETH) $ 3,424.16 2.14%
Tether (USDT) $ 1.00 0.14%
Solana (SOL) $ 258.09 0.85%
BNB (BNB) $ 659.08 1.92%
XRP (XRP) $ 1.47 2.65%
Dogecoin (DOGE) $ 0.438474 6.55%
USDC (USDC) $ 0.998956 0.19%
Cardano (ADA) $ 1.08 2.10%
Lido Staked Ether (STETH) $ 3,421.97 2.19%