DeFi
Adoption
NBA Star Spencer Dinwiddie Shares Bitcoin Moment, to Launch Sneakers Purchasable by BTC Next Season
NBA basketball star Spencer Dinwiddie, who rose to fame last year after a series of spectacular games, may soon convert his successful Bitcoin investments…
Adoption
China: Central Bank May Launch State-issued Cryptocurrency, Seeking Cryptography Talent
Despite a blanket ban on cryptocurrencies and related businesses, China’s central bank is employing cryptographers and blockchain engineers to launch a state-issued digital currency…
Adoption
Unocoin to Launch Crypto ATM in India Soon; BTC, XRP, and ETH Among Supported Coins
Indian cryptocurrency exchange Unocoin is launching the country’s first digital assets ATM, even as other nations grapple with stringent regulations and a ban on…
Exchanges
Crypto Exchange Bithumb Sells 38 Percent Stake for $350 Million to Singapore Investor
South Korean crypto exchange Bithumb sold 38 percent of its stake to a Singapore-based plastic surgeon for $350 million on Oct. 11, as reported…
Exchanges
Coinbase Shuts Down Institutional Index Fund While Retail Activity Down 80 Percent
Cryptocurrency services provider Coinbase shut down its index fund service aimed at institutions this week, after reports suggesting a shift-of-focus to its retail users.…
Analysis
Research: Bitcoin (BTC) Whales Not Moving the Cryptocurrency Market
Blockchain research firm Chainalysis released a report stating “whales,” or holders with a large token holding, are stabilizing cryptocurrency prices, instead of the popular…
Stablecoins
People’s Bank of China Recommends Yuan-Pegged Stablecoin
An independent researcher from the People’s Bank of China (PBoC) argued that China must increase its research efforts in the stablecoin space and support…
Price Watch
Cardano (ADA) Releases Project Shelley Update
On Oct. 9, the Cardano (ADA) team released a video updating investors and the public about the progress of Project Shelley, which the firm…
Hacks
SpankChain Smart Contract Compromised, Hackers Take $38,000 in Ethereum (ETH)
Blockchain-based adult entertainment protocol SpankChain revealed the theft of 165.8 ether (ETH), worth $38,000 at the time. The move occurred after hackers exploited a…
Adoption
Dot-NEO Domain Extensions now a Possibility as NEO Name Service Launches
Cryptocurrency enthusiasts seeking a “.neo” domain name will now be able to bid on the unique domain suffix as the NEO Name Service (NNS)…
Academia
Princeton Research Claims China Motivated to “Kill” Bitcoin, Selfish Miners Governing 74 Percent of Network
A research study published on Oct. 5 claimed growing Chinese influence over the Bitcoin protocol is a “looming threat” to the $114 billion network.…
Adoption
UAE Government Accepts Cryptocurrencies as Securities, to Legalize ICOs in 2019
The United Arab Emirates is spearheading cryptocurrency adoption in the Gulf region and intends to introduce initial coin offerings (ICOs) as a legal means-of-fundraising…