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    Cointelegraph.com News

  • Happy 21st crypto ETF filed for 2021 with Kryptoin’s ‘Ethereum ETF Trust’
    The Kryptoin Ethereum ETF Trust plans to issue its common shares on the Chicago Board Options Exchange’s (Cboe) BZX, and will value them based on the CF Ether-Dollar U.S. settlement price. Delaware-based Kryptoin Investment Advisors has joined a score of other crypto ETF hopefuls by filing for an Ethereum exchange-traded... Read more »
  • Shanghai Man: Hack of little-known Poly Network highlights East-West crypto divide
    This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industrys most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.After ThorCHAIN and Chainswap were exploited, its safe to say that hacking cross-chain bridges seems to be the style... Read more »
  • Ethereum price drops below $3K, but ETH options data reflects optimism
    $430 million in ETH options expire on Friday and derivatives data shows that bulls are in control and planning to push prices higher in the short term. Ether's (ETH) 81% rally over the last three weeks caught professional traders off-guard, and this week's upcoming options expiry reveals that of the... Read more »
  • Stronger crypto regulations in US won't necessarily help prevent fraud, says Okcoin CCO
    Megan Monroe said an "incubator" approach might be one possible solution to the current “patchwork of financial regulations” in the United States. Though Okcoin chief compliance officer Megan Monroe said that there are still certain grey areas over cryptocurrencies in the United States, further regulation may not be the best... Read more »
  • Analysts say Bitcoin price “needed a breather” before chasing new highs
    Bitcoin price trades below $45,000 and analysts say the “almost uninterrupted run-up of the last two weeks” meant BTC was overdue for a slight correction. The high-flying optimism generated earlier this week when Bitcoin and altcoin prices rose was tempered on Aug. 12 as BTC dropped below $43,000. This led... Read more »
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    BTCMANAGER

  • Samsung Becomes Latest Firm to Join Bank of Korea (BOK) CBDC Pilot Project
    Tech giant Samsung has revealed that it will take part in the central bank digital currency pilot project by the Bank of Korea.  Samsung Joins BOK Digital Currency Pilot Project This latest development was revealed by the local news outlet The Korea Times on August 12, 2021. Korea’s apex bank... Read more »
  • Goldman Sachs: PoS-Based and Crypto Exchange Tokens Showing Strength
    Goldman Sachs has revealed via its latest crypto report released on August 11, 2021, that proof-of-stake (PoS) based digital currencies and native altcoins of exchanges such as Binance have generated better returns on investment for hodlers since 2019 more than other tokens. Crypto Exchange, PoS Tokens Outperform Others While the... Read more »
  • Nasdaq-Listed Firm Powerbridge Technologies Is the Latest Entrant in the Crypto Mining Market
    Publicly-traded company Powerbridge Technologies is the latest firm to enter the cryptocurrency mining space. Powerbridge Technologies Forays Into Crypto Mining According to a press release issued today, Nasdaq-listed SaaS solutions and blockchain applications firm Powerbridge Technologies is set to invest and engage in the cryptocurrency mining for bitcoin (BTC) and... Read more »
  • DeFi Protocol Uniswap (UNI) Crosses $1 Billion Milestone in Fees Generated
    Major decentralized exchange Uniswap has set a record as the first decentralized finance (DeFi) protocol to generate over $1 billion in fees. Uniswap Trading Fees Soar Past $1 Billion Head of research at data science company IntoTheBlock, Lucas Outumuro tweeted the news on August 10. According to a chart showing... Read more »
  • Celo-based ReSource Finance Raises $1.7 Million to Boost Customer Acquisition
    ReSource Finance, a blockchain-based protocol for mutual credit networks extending loans to web3 businesses, has raised $1.7 million from crypto funds and angel investors led by Future Perfect Ventures, NGC Ventures, and ExNetwork, as per a press release on Aug 12. $1.7 Million from Crypto Funds and Angel Investors Participating... Read more »
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    AMBCrypto

  • Ghana: CBDC ‘presents a great opportunity…’
    It’s season of Central bank digital currencies (CBDCs). According to the official press release, The Bank of Ghana took a step forward to pilot a general-purpose central bank digital currency (CBDC). The bank collaborated with German banknote and securities printing company Giesecke+Devrient (G+D) to utilize its CBDC solution named Filia. The... Read more »
  • This Bitcoin metric is close to hitting its previous ATH
    The unrest in China related to mining activities led miners to an exodus. As miners relocated their systems to Kazakhstan and the United States, among other countries, the Bitcoin miner reserves were closing in on its all-time high observed in May. Bitcoin Miner Reserves Bitcoin Miner Reserves indicates the sentiment... Read more »
  • Can XRP decouple from Bitcoin and the rest of crypto any time soon
    The market is cooling off from yesterday’s rally, which saw the cryptocurrency market capitalization cross the $2 trillion threshold for the first time in months. BTC was down by 1.45% over the past 24 hours, similarly, ETH was also trading in the red, down by 2.45% within the same period. However,... Read more »
  • XRP, Cardano and VeChain Price Analysis: August 12
    On the back of BTC’s dip below $46,000, altcoins noted a decline on their respective charts.  ADA retreated 2.7% and headed towards $1.67 support, while VET lost substantial momentum after failing to overturn $0.116 price ceiling. XRP however, amidst news of scaling remittances between Korea and Thailand, continued to trade... Read more »
  • Nasdaq-listed Powerbridge to start mining Bitcoin and Ethereum
    As Bitcoin miners are relocating to new areas, there has been a growing interest in the United States for cryptocurrency mining. It was not only offering an alternative for suitable mining in Texas but also was seeing Nasdaq-listed companies enter the mining realm. According to the recent announcement from Powerbridge,... Read more »
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