All Coinss Crypto News

Coinss Crypto News

Run, blockchain, run! DeFi adoption needs faster block times

Global companies are implementing distributed ledger technologies in an attempt to gain efficiencies in areas such as global payments and supply chain transparency. Blockchain tech can replace slow, paper-based processes, as well as improve security. However, many of the platforms in use today suffer from poor design. Networks become clogged with traffic too easily, resulting in latency issues and, ultimately, a sub-par user experience....

Multi-billion-dollar investment trust backs Kraken ahead of possible listing

The $5.3-billion investment trust RIT Capital Partners has acquired a stake in leading crypto exchange Kraken. The London based-trust, formerly named Rothschild Investment Trust, holds ties to the Rothschild banking family of England through chairman Jacob Rothschild. In an April 12 note to investors, James Glass described the exchange as “one the world’s biggest crypto exchanges having been founded in 2011. It has more than 6m clients and...

Financial ties between Robinhood and funds shorting GME fall under scrutiny

The connections between trading app Robinhood, Citadel hedge fund, Melvin Capital, and GameStop are becoming clearer as the Internet burns with outrage over allegations of market manipulation. Melvin Capital was one of the biggest players short-selling GameStop stock, or GME. When a number of Redditors — and gamers — on the r/Wallstreetbets subreddit pushed back against institutions trying to financially destroy the popular brick and mortar...

Digital euro's privacy promise not worth a centralized system, Oasis exec says

When European Central Bank board member Fabio Panetta addressed the European Union Committee on Economic and Monetary Affairs in April, he emphasized the importance of privacy in any potential future CBDC rollout. The ECB had conducted a public consultation on the possibility of a digital euro, canvassing the opinions of over 8,000 individuals and businesses. The responses that came back suggested privacy was the number one concern surrounding...

Bitcoiners back social platform to escape shadowbans and demonetization

A new social media platform called Locals has drawn strong backing from leading crypto figures as part of a push to escape Big Tech censorship. Locals Technology Inc. announced a $3.8-million seed investment round on Tuesday and included backing from Morgan Creek Digital Assets co-founder Anthony Pompliano, former Coinbase chief technology officer Balaji S. Srinivasan, as well as Alexander Lloyd, co-author of The Little Bitcoin Book. Locals is...

As US election dust settles, crypto traders and analysts eye new administration

While some in the community continue to question the outcome of the US Presidential election, mainstream media outlets and the Associated Press have definitively called the race for former Vice President and current President-Elect Joe Biden.  But with uncertainty out of the way, traders and analysts are now looking to determine what a Biden administration will mean for cryptocurrencies — and they appear to have come to a loose consensus that...

Ebay exploring crypto payment options and NFT auctions

Major online marketplace eBay will be pursuing crypto payment options for its customers as well as exploring ways to introduce nonfungible tokens to the platform. In an interview with CNBC today, eBay CEO Jamie Iannone said the company would “continue to look” at payment options like crypto. In addition, eBay will be “looking at it and exploring opportunities” to enable nonfungible tokens, or NFTs, on the platform “in an easy way,”...

Hollywood elite will receive NFTs in recognition of upcoming awards ceremony

A project will be distributing nonfungible tokens, or NFTs, in the gift bags of 25 actors, actresses, and directors nominated for their roles in feature films.  According to Nomine(eth), a project formed in partnership with online marketplace Rarible, Metaversal, and AdVenture Media, 25 people from the 115 nominated in this year’s Academy Awards ceremony will receive three nonfungible tokens, or NFTs, in unofficial gift bags. The project will...

Bank of England and UK Parliament get 'Bitcoin fixes this' treatment

One crypto user is seemingly taking exception to current monetary policy from the Bank of England, or BoE, and expressing their frustration with a laser projector. Reported by Twitter user Dominic Frisby, an unknown person projected “Bitcoin fixes this” and other messages on the exterior walls of both the BoE and the Parliament of the United Kingdom on Saturday. The message appeared underneath Big Ben as well as the front of the central bank...

BTC record in sight, ETH rallies, Uniswap disaster: Hodler’s Digest, Nov. 15–21

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Ray Dalio might be wrong Is… is this happening?! After encountering resistance at $18,420 (a price that was unthinkable even a few days ago), Bitcoin surged to new highs of $18,817....