CEO says PayPal’s crypto commerce may reach $200M volume in just months

Forbes’ “2021 Blockchain 50 Symposium: Crypto Goes Corporate” event sheds light on the future of Bitcoin for large corporations. As the price of Bitcoin continues to reach new all-time highs, major corporations with existing crypto offerings in place are beginning to discuss grand plans for the future.  Most recently, Dan Schulman, CEO of PayPal, hinted at future developments for PayPal’s crypto offering during Forbes’ “2021 Blockchain 50 Symposium: Crypto Goes Corporate,” an online event that took place on April 13.

Crypto mining will be a bridge to 100% renewable energy production, says Mike Colyer

"At some point Bitcoin mining will look like a utility, and it’s going to be a part of critical infrastructure for countries," said the Foundry Digital CEO. Mike Colyer, CEO of Foundry Digital, a crypto mining subsidiary of Digital Currency Group, says that mining Bitcoin could eventually help the world transition to green energy.  Speaking at the Crypto Mining Forum online event today, Colyer said he believes that as major energy companies see the economic benefits of mining cryptocurrencies like Bitcoin (BTC), it may lead to a restructuring of both capital and operations.

The biggest event in crypto this week ISN'T Coinbase’s IPO: Erik Voorhees

The first truly native cross-chain DEX is about to go live.

Coinbase Goes Public This Week - What To Expect?

As US-based major crypto exchange Coinbase going public in two days, many industry insiders see it as a bullish event for a wider crypto space, but also one that may eventually lead more people into decentralized finance (DeFi).

‘NFT in Peace’ WWE Presents The Undertaker NFTs Ahead Of WrestleMania

The NFT mania has reached the WWE as the wrestling giant aims to publish a collection of The Undertaker ahead of this week's WrestleMania event.

WWE Launches Undertaker NFTs Ahead of WrestleMania

World Wrestling Entertainment has announced four tiers of non-fungible tokens ahead of its WrestleMania event.

Sri Lanka's central bank warns public against risks of crypto investment

The central bank listed four chief concerns, including the lack of legal recourse in the event of investor disputes and possible violations of foreign exchange regulations when purchasing crypto from abroad.

Aladdin exchange's $1,000,000 giveaway is live

Aladdin Exchange is giving away $1 million in a simulation trading event.

Bitcoin Evolves From Tulips Into A Geopolitical Weapon As US Warned Again

Washington has received yet another warning about the dangers of inertia in the bitcoin (BTC) sphere, with a leading investment guru and political donor claiming that the United States could be neglecting the token at its own peril – and playing directly into Beijing’s hands. Speaking at a virtual roundtable event arranged by the Richard Nixon Foundation, the Palantir

China using Bitcoin as ‘financial weapon’ against United States: Peter Thiel

Peter Thiel has urged the US government to reappraise China’s relationship with Bitcoin from a geopolitical perspective. PayPal co-founder and venture capitalist, Peter Thiel, has warned that the Chinese central government may be supporting Bitcoin as a means to undermine the foreign and monetary policy of the United States. But, he added, it has tried to use the Euro the same way. Speaking at a virtual event hosted by conservative non-profit, the Richard Nixon Foundation, Thiel was commenting on whether China’s central bank-issued digital currency, or CBDC, could threaten the US dollar’s status as a global reserve currency.

Celebrity VC fund unveils $1m NFT contest judged by Snoop Dogg and Mark Cuban

If your NFT idea is innovative enough, Snoop Dogg, Mark Cuban, Ashton Kutcher, and other celebrities could invest $1 million into it as part of a Shark Tank-style contest. Sound Ventures, a venture capital fund comprising celebrities, musicians, and a billionaire, are offering at least $1 million for the “most innovative” idea for a nonfungible token, or NFT over the next week. Announced on April 5, the event invites anyone from around the world to pitch their NFT project to a team of eight judges before April 12.

Fei Protocol genesis locks up $1 billion in ETH, but LPs could face losses

Despite attracting more than $1 billion, Fei protocol’s genesis event hasn’t been entirely smooth sailing — with LPs facing losses if they withdraw soon.

Fei Labs raises 639K ETH in genesis event

The funds, which are equivalent to roughly $1.3 billion, will be used to bootstrap the Fei decentralized stablecoin.

Eastern Caribbean Central Bank's DCash digital currency goes live

The ECCB has launched a regional central bank digital currency in partnership with Caribbean fintech outfit Bitt. The Eastern Caribbean Central Bank, the main financial institution of the Eastern Caribbean Currency Union, has launched DCash. The ECCB announced the launch of its CBDC for the region via a media event held on Wednesday. DCash is the digital version of the Eastern Caribbean dollar — the official currency of the eight countries in the union. However, as announced during the launch, DCash is only available in four of the currency union’s member states: Grenada, St.

The $1,000,000 Aladdin Exchange Event Is Online

PRESS RELEASE. The most awaited Aladdin Exchange $1,000,000 event is finally live.

Phemex Announces Q aRt – Their First NFT Created by the Community

Phemex just announced Q aRt, an event that will create an NFT using the QR codes of all the participants.

Defi Venture XFai Reveals Liquidity Generation Event, Project Backed by Angel Investor Roger Ver

Decentralized finance (defi) has seen extreme demand and innovative use-cases during the last 12 months.

New Phemex Event gives rise to an NFT QR Art.

[PRESS RELEASE – Please Read Disclaimer] Phemex joins the NFT hype with an incredible piece of art made entirely of QR codes.

Aladdin Exchange 1 Million USD Giveaway Event is Now Live

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Aladdin Exchange 1 million USD giveaway event is officially live.

Cardano on the cusp of a major milestone, will ADA make a big move?

Following the Cardano 360 event, the platform developer Input Output Hong Kong (IOHK) has published a summary of the key points.

Bitgesell, the New Digital Gold’s First Halving Just Happened

Bitgesell, the evolutionary successor of Bitcoin, has recently concluded its halving event, today March 28th, 2021.

Catalytic event or unbridled optimism? Coinbase approaches public listing

Is a $100-billion valuation justified? Profit margins could tighten with increased competition.

Backlash Following Later Than Expected Rollout For Cardano Smart Contracts

At yesterday’s Cardano 360 event, IOHK CEO Charles Hoskinson gave an update on the long-awaited Alonzo upgrade.

Bitcoin falls to two-week lows as $6 billion in options set to expire — What’s next?

Bitcoin has fallen through its recent support at $53,000 as volatility picks up before a record options expiry event.

Why Cardano’s Hoskinson is referring to a bug that forced a Bitcoin fork?

Input-Output Global CEO Charles Hoskinson announced that he has prepared his segment for the highly anticipated Cardano 360 event.

DeFi - CeFi Convergence & 'Explosive' Growth Are Coming - BIS Summit Panel

Decentralized finance (DeFi) and centralized finance (CeFi) are heading towards convergence as we are entering a period of rapid development for DeFi applications worldwide, according to the participants of a panel discussion at this year’s BIS Innovation Summit, an event hosted by the Bank for International Settlements (BIS). The panel, entitled 'CeFi to DeFi: can

Bitcoin is 'more a substitute for gold than the dollar' — Fed Chair Powell

Jerome Powell reiterates his opinion about Bitcoin as a gold substitute, but a sell-off accompanies his other criticisms. While Bitcoin (BTC) is too volatile to be money and is "backed by nothing," it could be a "substitute for gold," said the chair of the United States Federal Reserve. Speaking at an event hosted by the Bank for International Settlements, or BIS, on Monday, Jerome Powell delivered frank comments in response to a question on cryptocurrency. Powell takes issue with Bitcoin's backing When asked whether he thought Bitcoin and other cryptocurrencies posed a threat to financial stability, Powell wheeled out familiar arguments that have long come from legacy finance figures. "Crypto assets — we call them 'crypto assets' — they're highly volatile — see Bitcoin — and therefore not really useful as a store of value, and they're not backed by anything," he said. "They're more of an asset for speculation, so they're not particularly in use as a means of payment.

The US Government Sold Bitcoins at a 21% Premium

Bitcoin auctioned off by world governments as the United States carried a bidding event of 0.7501 BTC, while France sold 611 coins seized from a 2019 hack.

Crypto exchange Kraken says it is 'too big' to go public through a SPAC

A spokesperson recently said "$10 billion would be a low valuation" for Kraken. San Francisco-based crypto exchange Kraken has not yet confirmed that it will follow in Coinbase's footsteps by pursuing a public listing, though the company did rule out the possibility of doing so via a special-purpose acquisition company. In a written statement to Cointelegraph, Kraken said it would pursue a direct listing in the event the exchange decided to go public in the United States.

Here's how Ethereum has one-upped Bitcoin over the past year

It's been over a year since Black Thursday, the unceremonious black swan event that led to the crypto-market crashing back in March 2020.

Bitcoin now the prize for this sailing event

Another sign of BTC adoption? Touted as a digital store of value with scarce supply, Bitcoin has seen its fair share of comparisons to gold over the years.

Personal financial records of Ripple execs sought by the SEC

The cryptocurrency market has been witnessing quite an event unfolding between the US Securities and Exchange Commission and Ripple.

Gemini crypto exchange sponsoring the Oxford-Cambridge boat race

"We are thrilled to be combining two of our greatest passions — rowing and crypto — with our sponsorship of this historic event," said the Winklevoss twins. Tyler and Cameron Winklevoss, co-founders of the Gemini cryptocurrency exchange and former olympian rowers, will be sponsoring the 2021 Oxford-Cambridge Boat Race. In an announcement from Gemini today, the Winklevoss twins said the crypto exchange would be the principal sponsor for this year’s boat race between Oxford and Cambridge Universities — an event going back to 1829.

Glassnode: $47k showed strongest on-chain support since BTC broke $11k

Approximately 6.5% of Bitcoin’s circulating supply moved on-chain while the markets found support at $47k, representing “one of the largest on-chain BTC accumulation levels” ever. On-chain crypto analytics firm Glassnode has reported significant on-chain support was found for BTC at the roughly $47,000 level, describing the event as the largest on-chain support identified since Bitcoin broke above $11,000 in late 2020. According to a March 8 report from Glassnode, approximately 1.2 million Bitcoin were moved on-chain as BTC’s price traded between $45,500 to $48,900 after bouncing off a local low near $45,000 last week. Glassnode CTO Rafael Schultze-Kraft noted that roughly 6.5% of Bitcoin’s circulating supply moved on-chain as support was established. This support is holding nicely.And it got stronger! We now have a wall of 1.2M $BTC that moved on-chain between $46.6k and $48.6k.That's 6.5% (!) of the circulating supply.I'd be surprised if we go below anytime soon.I was long at <$50k, and am long now anyways.#Bitcoin https://t.co/eXcOhSmzbF pic.twitter.com/Gj3TFHVADW— Rafael Schultze-Kraft (@n3ocortex) March 7, 2021 While Glassnode suggested the large Bitcoin movements could be indicative of accumulation, the firm acknowledged the spike in on-chain activity could also be attributed to sellers racing to get their coins onto exchanges: “An important question we must ask is whether this volume on-chain is associated with accumulation, or is it instead a rush for the exits by sellers.” However, the report’s authors noted that the number of Bitcoin held on exchanges has continued its recent trend of decline, with 32,500 BTC being withdrawn from centralized platforms this past week. Bitcoin UTXO Realized Price Distribution. So

Akon, Sergey Nazarov & Miami Mayor Lead BlockDown Bull Market Line-Up

Disclaimer: The text below is a press release that was not written by Cryptonews.com. BlockDown Conference is set to celebrate its first anniversary with its most ambitious event to date on April 15-16.

Bitcoin price is going to 'infinity' — Kraken CEO

A $1 million price tag for BTC within the next ten years is "pretty reasonable," Jesse Powell tells Bloomberg. Bitcoin (BTC) will be worth "infinity" and humanity will soon give up pricing it in US dollars, says the CEO of cryptocurrency exchange Kraken. Speaking to Bloomberg on March 4, Jesse Powell was characteristically bullish on Bitcoin as BTC/USD broke above $50,000. Powell: $1 million Bitcoin in ten years "reasonable" "Of course, you know, we can only speculate, but when we measure it in terms of dollars, you have to think it's going to infinity," he told Bloomberg TV about future price trajectory. "This national currency's only fifty years old, it's already showing extreme signs of weakness, and pretty soon I think people are going to start measuring the price of things in Bitcoin." Powell was commenting as the USD weakened alongside a macro market sell-off on Wednesday, an event which had next to no impact on Bitcoin. At the same time, the US national debt quietly passed $28 trillion for the first time in history. Despite a rejection of $50,000 support, Bitcoin bulls thus remained more than optimistic. "The people that are believers in Bitcoin see...

These Coinbase Insiders Will Get (Very) Rich When It Goes Public

Coinbase is poised to go public in coming weeks, an event that will allow retail investors to buy shares—and make company insiders very rich.

DeFi will provide good regulatory test for SEC, says Commissioner Peirce

The SEC commissioner described the DeFi space as "a work in process" but overall "alluring." Hester Peirce, the commissioner for the US Securities and Exchange Commission known by the nickname "Crypto Mom," welcomes the challenge of regulating decentralized finance. In a speech for a George Washington University Law School event on the digital economy, Peirce said decentralized finance, or DeFi, could be the alternative legacy financial system many are seeking given the surge in anti-Wall Street sentiment surrounding the short squeeze of GameStop stocks.

Crypto has issues; bitcoin is inefficient for conducting transactions, says US Treasury Secy

United States Secretary of the Treasury, Janet Yellen made a comment on digital currencies during a public event.

3 Bitcoin price metrics show bulls were not fazed by today’s $1.6B liquidation

Today’s $1.6 billion Bitcoin liquidation event might have flushed out some over-leveraged retail investors, but the overall market is still positioned in favor of bulls. Bitcoin's (BTC) sudden $11,500 drop liquidated more than $1.64 billion worth of BTC futures contracts.

NEXT.Chain, the Next DeFi Powerhouse to Host Its Liquidity Sale Event From the 24th of February

PRESS RELEASE. While Ethereum has given way to a brave new world of decentralized financial applications that are completely permissionless, accessible and groundbreaking in many ways.

Blockchain Needs People Who May Not Look Like You: Lavinia Osbourne

The Women in Blockchain Talks host and founder appeared on The Decrypt Daily podcast to discuss the event series and its inclusionary aims.

Cardano: Mary hard fork to go live on mainnet on 1 March

Cardano’s much-anticipated Mary hard fork event finally has a launch date and it's right around the corner. According to an update from Founder Charles Hoskinson, the Hard Fork Combinator (HFC) e The post Cardano: Mary hard fork to go live on mainnet on 1 March appeared first on AMBCrypto.

NYDIG Registers for a Bitcoin ETF, Morgan Stanley Named a Participant in SEC Filing

Just recently, during Microstrategy’s “Bitcoin for Corporations” event, Stone Ridge Asset Management and New York Digital Investment Group (NYDIG) founder, Ross Stevens, explained that he sees a “wall of money” entering the bitcoin space.

MicroStrategy CEO Introduced Bitcoin to Over 6900 Enterprises on His Latest Event

The MicroStrategy World 2021 virtual summit gathered 22.000 attendees, but Bitcoin was on the spotlight.

Coinbase IPO a ‘watershed moment’ for crypto regulation: Caitlin Long

The CEO of pioneering digital bank Avanti Bank & Trust, Caitlin Long, has predicted the upcoming Coinbase IPO will force regulators to provide clarity to the crypto sector. Caitlin Long, founder of Wyoming-based digital asset bank, Avanti Bank & Trust, has predicted Coinbase’s upcoming IPO will be a “watershed moment” for cryptocurrency regulation. Speaking alongside SEC commissioner Hester Peirce during BlockFi and Real Vision’s “Bitcoin in the Real World” event on Feb. 5, Long

Bitcoin for Corporations- Michael Saylor Expects an ‘Avalanche’ of Firms to Own Bitcoin

This week the firm Microstrategy held an event called “Bitcoin for Corporations” which looks at concepts like macro strategy, corporate playbooks, and legal considerations toward bitcoin.

Michael Saylor’s Mission to Get 1,400 Corporations Into Bitcoin

MicroStrategy is hosting a two-day “Bitcoin for Corporations” event.

1,400+ Firms Flock To Learn About Bitcoin, But 'There Is No Playbook'

As the interest in bitcoin (BTC) as a treasury asset is seemingly growing among companies, new initiatives that help business people better understand this investment and related risks emerge. While one of the most active BTC promoters, US-based software company MicroStrategy, plans to host over 1,400 firms at their online Bitcoin for Corporations event today and

On-Chain Analyst Willy Woo Updates Bitcoin Price Target, Outlines Impact Black Swan Event Could Have on BTC

Prominent on-chain analyst and Bitcoin bull Willy Woo is updating his BTC price target.

Top Ethereum conference Devcon is delayed again

The Ethereum Foundation decided to hold off on the major Ethereum event in Bogota without announcing a new date. Devcon, one of the biggest conferences for the Ethereum community and developers, has been delayed again due to uncertainty around the coronavirus pandemic. According to a Tuesday announcement, the Ethereum Foundation decided to hold off on the conference in Bogota instead of going ahead with its previously announced August target. “We want to make sure we do this responsibly and that as many people as possible are able to make the trip from all around the world, which seems unlikely by early August,” the blog post reads. The Devcon team said that it expects to announce a new date for the event soon: “While nothing is guaranteed given the ongoing pandemic, we’re hopeful that a new date announcement is possible soon with the availability of COVID-19 vaccines ramping up now, and updated pandemic-related trends improving.” The Ethereum Foundation added that the community still expects other Ethereum-themed events in the summer, including the Ethereum France-hosted EthCC event that is now scheduled to take place in July.

Chinese cities continue to promote digital yuan through festive lotteries

The city of Shenzhen has launched the third round of its central bank digital currency pilot in the form of a promotional lottery scheme offering residents handouts during local festivities. Residents of the Longhua District in the Chinese city of Shenzhen will have a chance to participate in a forthcoming lottery event that aims to encourage the adoption of the country's new central bank digital currency — known alternatively as the DC/EP, digital renminbi, or digital yuan.  Announced on Jan.

Jack Ma resurfaces in new video after an almost 3-month ‘disappearance’

A representative for the Jack Ma Foundation confirmed to reporters that the businessman had “participated in the online ceremony of the annual Rural Teacher initiative event on January 20.” Jack Ma, the founder of Chinese e-commerce group Alibaba, has made his first public appearance since October, bringing almost three months of intense speculation about his possible whereabouts to a close. In a new video clip published online on Jan.

Multiple DeFi mainstays crack top 20 in long-awaited ‘Great Repricing’

For DeFi believers, vindication has been every bit as profitable as it’s been sweet Hardcore decentralized finance (DeFi) adherents woke up today to a long-awaited sight on Coingecko’s top 100 rankings by marketcap: native tokens for popular DeFi platforms Synthetix and Aave have cracked into the top 20, an event DeFi observers have heralded as “The Great Repricing.” DeFi investors, users, and builders have long argued that the sector writ large is wildly undervalued relative to other cryptocurrency projects given DeFi projects’ growing userbases, cash flows from protocol fees, and high levels of activity compared to “zombie chain” layer-1 networks scattered throughout the top of the marketcap rankings.

TNABC Miami’s Eighth Annual Conference Goes Virtual, Event Underscores Technology’s Important Role

On January 28-29, 2021, The North American Bitcoin Conference (TNABC) is preparing to kick off its eighth exhibition with another cryptocurrency and blockchain-focused event.

A Debit Card for Your Coin with Folgory

An important event as occurred in not just the crypto world, but the entire financial market as news reports emerge of an agreement between Hashfort and Codego.

Stacks mainnet launch brings smart contracts and DeFi to Bitcoin

They're celebrating the launch with a one-day virtual event headlined by a number of industry partners. Stacks, formerly Blockstack — an open-source network for building decentralized applications — has an ambitious vision to bring smart contracts and decentralized finance to the Bitcoin (BTC) network.  On Thursday, the developer community celebrated the launch of Stacks 2.0, a bridging toolkit that allows developers to build on Bitcoin.

Financial Censorship After Capitol Riot ‘Truly Chilling,’ Says OCC Chief Brian Brooks

“Money might be controlled by a handful of elites,” the departing bank regulator said at a Wednesday event.

TNC IT Group’s Aladdin Exchange pre-launch event begins

Aladdin Exchange is an upcoming digital asset exchange that provides a secure, convenient, and transparent platform for cryptocurrency users.  As part of its pre-launching event, the Aladdin Excha The post TNC IT Group’s Aladdin Exchange pre-launch event begins appeared first on AMBCrypto.

ECB’s Christine Lagarde Says ‘Speculative’ Bitcoin Needs Regulation

In a speech at a Reuters online event Wednesday, Lagarde said bitcoin was a speculative asset.

The First Bitcoin Transaction Was Sent to Hal Finney 12 Years Ago

Hal Finney was the first-ever recipient of Bitcoin—a historic event that proved the network did work in reality.

Ethereum-Based Nexus Mutual Expands Its Decentralized ‘Insurance’ to Centralized Exchanges

A way to be covered in the event of an exchange hack.

LYM and REVV are partnering for a Special Liquidity Mining Event to give out F1 Delta Time prizes

The text below is an advertorial article that was not written by Cryptonews.com journalists. To celebrate Lympo and Animoca Brands becoming one family, we joined up with the REVV Token team to launch a Liquidity Mining Event offering rewards of F1® Delta Time 2020 NFTs and REVV Tokens! A total of 50 common keys will be rewarded to the first 50 users providing minimum liquidity of 300K LYM and

Black Christmas for trader who misses out on $1.8 million in 1inch tokens

A crypto trader's scheme to win big from the 1inch airdrop goes haywire. On Christmas day, prolific DeFi users found a surprise in their stocking courtesy of a unicorn that looks a little like Kurt Russell: decentralized exchange platform 1inch launched its governance and utility token 1INCH, which peaked at nearly $2.80 per token shortly after release.  Harkening back to the release of the Uniswap token over the summer — an event that many likened to a “DeFi stimulus check” — the token was distributed via an “airdrop” to wallets who had used the platform for trades or had provided liquidity in the past.

Bitcoin Hits $25K for First Time Ever

The event happened just a week after the leading cryptocurrency broke $24k.

Space Yacht brings NFT art to Electronic Dance Music scene

Coronavirus lockdowns caused the global event organizer to take a new direction, launching a record label and selling digital art. International party brand Space Yacht is preparing to drop its second collection of nonfungible token artworks on the Nifty Gateway marketplace on Dec.

Coinbase IPO to further legitimize crypto, but limitations remain

“It is a massive event,” and not only in the US but in Europe too, as it will show markets how to value crypto firms. In some ways, the Coinbase exchange is the poster child for the crypto industry.

SEC’s Ripple and XRP Lawsuit May Be Largest Regulatory Event in History of Crypto, Says Charles Hoskinson

IOHK CEO Charles Hoskinson says that the US Securities and Exchange Commission’s (SEC) impending lawsuit against Ripple could have ramifications for the entire crypto industry.

The Online Family Office and High Net Worth Blockchain Conference

On January 21st, 2021, DC Finance will hold an online family office dedicated event to the blockchain space, focusing on the resurgence of blockchain, cryptocurrencies and decentralized finance (DeFi).

XRP Price Plummets as SEC Targets the Ripple-Backed Cryptocurrency

XRP has seen some turbulent price action as of late, with the recent SPARK airdrop giving it massive momentum that sent its price as high as $0.90 on some exchanges, with this proving to be a sell the news event that has caused it to see some serious downside.

Coinbase IPO: What We Know, What We Don't, and What is Speculated

Source: a screenshot, Instagram/Coinbase The Cryptoverse is expecting an event of major importance for the industry as US-based crypto exchange Coinbase yesterday finally confirmed it is preparing for its initial public offering (IPO) - but there are still multiple questions to be answered regarding it.

Expect Bitcoin to See More Price “Traps” Until This Event Takes Place

Bitcoin saw some wild price action overnight that caused its price to spike as high as $19,600 before facing a rejection that sent it reeling down to $19,050 It was able to find some serious support at this level that has boosted its price action in the time since, with it now trading just over […]

US needs an alternative path just in case we fail... Bitcoin is that alternative path: Senator-elect

Cynthia Lummis, an American politician who is the US Senator-elect from Wyoming, believes that Bitcoin will be crucial in the event that the fiat system crashes down.

XRP price still stagnant despite incoming Flare Network airdrop

Despite the snapshot on Dec. 12 for the upcoming FLR airdrop event, XRP’s value has not gained much ground, staying put at around $0.50. While Bitcoin (BTC) has hogged the majority of the mainstream limelight when it comes to the recent bullish action seen in the crypto market, the altcoin XRP has also surged over the past month, breaking out of a multiyear downtrend to regain some previously lost momentum.

Chinese residents make 20K transactions in digital yuan trial event

The numbers come following the Suzhou municipal government giving away roughly $3 million in a digital yuan lottery for residents. People in China have conducted roughly 20,000 transactions through e-commerce company JD.com in a trial of the country’s digital yuan. According to local media outlet Global Times, JD.com reported that 80% of participants born in the 1980s and 1990s used the platform to conduct transactions in the digital currency starting on Friday evening, with at least one transaction larger than $1,527.

Spark (FLR) Airdrop For XRP Holders: Which Exchanges Will Support It And What You Should Know

The SPARK (FLR) Airdrop for XRP holders is closing in as the event is to take place on December 12th.

Cardano’s Allegra Hard Fork Scheduled for Next Week, Node Release 1.24.2 Successfully Deployed

The next Cardano protocol update, which includes the hard fork combinator (HFC) event Allegra, will take place on Dec.

Mastering Blockchain: A Virtual Book Launch in a Physically Distant Yet Still-Connected World

Join Tim O'Reilly, Michael Casey, Adam Levine, Daniel Cawrey and Lorne Lantz among others for a very special "Mastering Blockchain" book launch event.

ING Bank Opens Up About Crypto Custody Solution at Singapore Fintech Event

Speaking at the Singapore Fintech Festival, ING's blockchain lead spoke publicly for the first time about the bank's trials with digital assets.

Huobi Global looks to become key player in Polkadot ecosystem

Huobi and the Web3 Foundation are pouring resources into supporting projects on Polkadot Two announcements from Huobi Global on Friday indicate that the cryptocurrency exchange is angling to become a key player in the growth of the Polkadot network.  In a pair of blog posts, the Seychelles-based exchange announced a Polkadot Sponsorship program, as well as a $5 million Tether stablecoin fund from the Huobi Innovation Lab to support “developers, event organizers, content creators, and ambassadors” throughout the Polkadot ecosystem.

DeFi and Eth 2.0 are whole new convos for regulators, says SEC's Hester Peirce

United States SEC Commissioner Hester Peirce wants to focus on new guidance for DeFi and future Ethereum projects Hester Peirce, commissioner for the United States Securities and Exchange Commission, explained during an exclusive interview with Cointelegraph that decentralized finance, also known as DeFi, has created new challenges for the SEC.  Peirce, nicknamed “Crypto Mom” for her interest in digital asset innovation, mentioned that the quickly rising DeFi sector has resulted in a number of unresolved legal issues: "DeFi has posed a challenge for the SEC in a similar way that the ICO boom did in 2017.

Cardano: Goguen rollout continues with token locking update

IOHK has been working on the token locking functionalities before the Hard Fork Combinator [HFC] event which has been scheduled for the first week of December.

PayPal CEO Dan Schulman Tells Web Summit the ‘Time Is Now’ for Crypto

Dan Schulman took to the stage at Web Summit tech event on Wednesday, telling attendees that cryptocurrency is on the way to the mainstream.

Dwight, not Wright: 'I am Satoshi Nakamoto,' says beet farming #BitcoinTuesday star

Question: which kind of crypto is best? False — Bitcoin. The search for Satoshi Nakamoto may be nearing its end as Rainn Wilson, best known as Dwight Schrute from the US version of the TV series The Office, has stepped up to the role as part of Bitcoin Tuesday. In a YouTube video posted as part of the crypto-based charity event, Wilson claimed to be the legendary and elusive inventor to encourage viewers to make “Bitcoin and other cryptocurrency” donations to the Mona Foundation, an organization that supports schools and programs in economically disadvantaged communities, with a specific focus on women and girls.

Bitcoin Tuesday aims to raise $1M for good causes today

The premier crypto charity event kicks off today.

Crypto Version of ‘Giving Tuesday’ Returns With 10X as Many Charities

While only 12 non-profits had signed up for the event last year, crypto donations platform The Giving Block said that over 120 such organizations will be taking part in this year.

Bitcoin: Why today is a good time to stack sats

For Bitcoin's price, a pullback of 11% is not an unusual event.

‘BitcoinTuesday’ to become one of the largest-ever crypto donation events

BitcoinTuesday is aligning crypto awareness with public good in this one-day charity event.

CoinDesk Is Spinning Up an Ethereum 2.0 Node. Here’s How to Follow Our Journey

CoinDesk just snagged a front-row seat to a seminal event in the crypto industry.

Suzhou Next City in China to Test Digital Yuan DCEP in Red Envelope Event

China’s central bank is scheduled to test its digital yuan dubbed the Digital Currency Electronic Payment (DCEP) in a second red packet lottery event in Suzhou on December 12.

ETH 2.0 set to launch Dec. 1 after late surge in deposits

Ethereum’s beacon genesis event is set to take place on Dec 1, with the ETH 2.0 deposit contract reaching more than 94% of its target with just 12 hours to go. ETH 2.0’s Phase 0 launch looks all but certain for Dec.

Polymarket reveals change in sentiment around ETH 2.0 Genesis event

One of the most hotly debated topics in crypto of late has been the question of whether the Ethereum 2.0 Genesis event will take place successfully on 1 December. The target for Ethereum 2.0’s on The post Polymarket reveals change in sentiment around ETH 2.0 Genesis event appeared first on AMBCrypto.

Suzhou to launch digital yuan 'red envelope' trial for Double 12 event

Tied in with a national shopping event, the trial will add "offline" and "touch" functionality. The Chinese city of Suzhou will be the second to roll out a “red envelope” trial for the forthcoming digital yuan, according to a report in local media outlet The Paper. Following the successful pilot scheme run in the city of Shenzhen last month, insiders say that the Suzhou district of Xiangcheng will be launching the giveaway to coincide with the country’s Double 12 shopping event on Dec.

Battle of the Gigabrains: Vitalik Buterin to match wits with chess master

Prediction market activity shows that few bettors think Vitalik Buterin has a chance against the Canadian master At 9 pm EST tonight, Ethereum co-founder and figurehead Vitalik Buterin will face off against chess streamer National Canadian Team player Alexandra Botez in an match event live-streamed on Twitch.  The event came about following a series of matches and conversations held by members of the Ethereum-focused Bankless podcast and newsletter.

US Treasury Official says IRS is Assessing Models for Crypto Tax Reporting Rules

The IRS is developing domestic reporting rules for cryptocurrency taxation and assessing different models, according to a Treasury Department official at an OECD event.

Thai music festival to use its own token for a cashless event

A major music festival in Thailand is adopting blockchain for safer, smoother payments. Despite the ongoing COVID-19 pandemic, some global events have chosen to move forward as planned.

Join BlockShow, part of the FinTech Festival backed by Monetary Authority of Singapore

BlockShow 2020 at Singapore FinTech Festival to reflect on achievements of blockchain and how the mainstream finance industry is starting to accept blockchain and digital currency tech. BlockShow has unveiled the speakers for the upcoming cryptocurrency-related event taking place in Singapore in December. As previously announced, the Singapore FinTech Festival, or SFF 2020, is organized in partnership with the Monetary Authority of Singapore, the country's major financial regulator and de facto central bank.

ZCash Celebrates First Halving, Unveils Canopy The Network's Fifth Upgrade

ZCash has undergone its first halving at block 1,046,400 and the event coincides with the network's fifth upgrade dubbed Canopy.

Here’s Why Bitcoin Won’t Ever See Another March-Style Selloff Event

Bitcoin has come a long way from where it was just under one year ago, with the March 12th selloff sending the cryptocurrency to lows of $3,800 – from which point it has seen exponential upside growth.

Zcash celebrates first halving with implementation of ‘Canopy’ upgrade

The upgrade establishes a development fund for the next four years and removes the controversial “Founders Reward.” Privacy-focused cryptocurrency Zcash (ZEC) celebrated its first halving event on Nov.