Protocol Village: ARPA's Randcast Launches on Taiko, Coinbase Promotes 'cbBTC'
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 8-14.
Bitcoin Price May Turn Lower as Crypto Exchanges See $1B USDT Withdrawal: IntoTheBlock
The previous two occasions when exchanges saw similar USDT outflows earlier this year occurred near local tops in bitcoin's price.
Shelter inflation is 'the most disappointing aspect' of July CPI report
Shelter inflation ticked higher in July on a monthly basis.
Ethereum Creator Vitalik Buterin Donates $500,000 from ‘Animal Coins’ to Charity
Vitalik Buterin has yet again put the trillions of crypto tokens that people routinely send to him to good use: this time, to help animals in need. On Wednesday, the Ethereum co-founder donated $532,000 worth of ETH to the Effective Altruism Fund’s dedicated Animal Welfare Fund. The crypto, he says, came from selling off all of the “animal coins”—animal-themed, Ethereum-based meme coins—that crypto users sent him over the last year. Meme coins routinely invoke animals—dogs, cats, ducks, you na...
Defiance Launches Leveraged ETF to Amplify MicroStrategy Gains
A new exchange-traded fund (ETF) that gives investors a chance to maximize returns on rising MicroStrategy stock just hit the market. Dubbed MSTX and launched by Miami-based Defiance ETFs, the fund gives investors access to a leveraged position in a MicroStrategy stock investment. Typical ETFs give investors exposure to an asset—be it a security or commodity—via shares that track its price and trade on stock exchanges. A “long leverage” ETF like MSTX also holds debt to amplify its position. Retu...
BMW to Bring Uno Card Game Into Its Luxury Cars
Lovers of the classic card game Uno will soon be able to take the game on the road. Just don't deal and drive. German car manufacturer BMW has inked a deal with toy and game developer Mattel and gaming platform AirConsole that will bring a digital version of the game to its line of high-end automobiles, including the BMW X3, the company said on Thursday. “We’re super happy about the addition of Uno to some of our new vehicles and think lots of our customers of all ages will be as well,” a BMW sp...
Bitcoin and Ethereum ETF Gains Help BlackRock Flip Grayscale's Assets Tally
For years, Grayscale Investments served as crypto’s preeminent asset manager. But nearly eight months after the debut of spot Bitcoin ETFs, the title has been claimed by BlackRock. Last Thursday, the Wall Street behemoth surpassed Grayscale in terms of assets under management (AUM) for publicly-listed crypto products, CoinShares’ Head of Research James Butterfill told Decrypt. For him, the shift in status came faster than expected. “It represents established ETF providers and their power—how qui...
Frozen Crypto Wallets Linked to Nigeria Protests Are Still Active: Report
Cryptocurrency wallets allegedly connected to #EndBadGovernance protesters in Nigeria are reportedly active and performing transactions, despite a court order to freeze them. The wallets contain over $37 million and were ordered to be frozen by Judge Emeka Nwite on July 9, according to a recent report by local news outlet Premium Times. However, an investigation by Techpoint Africa identified discrepancies between court documents and blockchain data, indicating these wallets may not have been fu...
'I'm Not Leaving': Kim Dotcom Defiant in the Face of US Extradition Order
Bitcache founder Kim Dotcom, who faces a slew of charges over his controversial file-sharing website Megaupload, will be extradited to the United States after a more than decade-long tussle with American authorities. However, Dotcom claims he has a "plan" to avoid the maneuver. New Zealand Justice Minister Paul Goldsmith signed an extradition order for Dotcom, ending a 12-year legal battle to bring him to the U.S., Reuters reported Thursday, citing a representative for the Minister of Justice....