Day: September 21, 2021

Sommelier partners with Mysten Labs to launch Cosmos smart contracts

Sommelier, a co-processing protocol to the Ethereum Virtual Machine, or EVM, has today announced a research and development partnership with Mysten Labs to increase liquidity transaction speeds and launch smart contract applications on the Cosmos blockchain. Founded in 2020 by Zaki Manian, a core developer on the Cosmos protocol, Sommelier is a test-net protocol designed to deliver enterprise-grade automated financial transactions such as limit orders, batched orders and portfolio rebalancing to decentralized finance, or DeFi, traders and liquidity providers, or LPs. The blockchain, which combines the Tendermint consensus layer, Cosmos…

Judge Denies Ripple’s Motion to Have SEC Employees’ Crypto Transactions Disclosed

A New York judge has denied Ripple Labs’ motion to compel the U.S. Securities and Exchange Commission (SEC) to produce records of its employees’ crypto transactions. Ripple filed the motion on August 27 requesting information about whether SEC employees had purchased and traded bitcoin, ether and XRP, the cryptocurrency the regulator alleges Ripple has been selling in unregistered securities transactions. United States Magistrate Judge Sarah Netburn rejected the motion on Tuesday. According to the motion, Ripple met with the SEC four separate times, beginning on July 8, to request records…

ETHEREUM CRASH TO $1,000!!?? BITCOIN BACK TO $42,000!!??

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ethereum & Bitcoin Technical analysis, news, price predictions and more! SUBSCRIBE: 📈Looking for a profitable strategy and mentorship? Know roughly when to buy/sell alts/bitcoin? Make a few trades a year for maximum returns and minimal risk? Book a call with me here We’re hiring!! Want to work in crypto full time? See details here Do you want me to invest in your ICO? DM me ⏰ Timestamps Intro: (0:00) Market review: (0:33) Bitcoin technical analysis: (1:20) Ethereum technical analysis: (1:54) Ethereum vs…

Crypto Exchange Binance Announces Plan To End Options and Futures Trading in Australia

One of the world’s largest cryptocurrency exchanges says it is discontinuing some of the products and services it offers Australian customers. Crypto exchange Binance says that as of September 24th, users in Australia will not be allowed to increase or open new futures, options, and leveraged token positions. Further, all open positions in these categories will automatically be closed starting on December 24th.   The cryptocurrency exchange says the decision is motivated by the need to “comply with local regulations.” “Our aim is to create a sustainable ecosystem around blockchain…

Ethereum’s spot setup looks grim, but derivatives data tells a different story

Ether (ETH) price fell below the $3,000 support on Sept. 20 as global markets entered a risk-aversion mode. The Invesco China Technology ETF (CQQQ) closed down 4.2%, while the SPDR S&P Metals and Mining ETF (XME) lost 3.8%. Some analysts pointed to the potential ripple effects of the default of Evergrande, a major Chinese real estate company. In contrast, others blame the ongoing debates over the debt limit in Washington as the catalyst for this week’s volatility. As a result, the CBOE Volatility Index (VIX), usually referred to as the…

Genesis Digital Assets Raises $431M for Expansion

Genesis Digital Assets raised $431 million to expand its bitcoin mining operations, the company said Tuesday. Paradigm led the massive round, which also included NYDIG, FTX, Stoneridge, Ribbit and Electric Capital, as well as the family offices of Paul Tudor Jones by way of Kingsway Capital, according to a press release. Genesis Digital Assets co-founder and CEO Marco Streng said the capital will help Genesis expand its operations in the clean energy space, a signal of the heightened importance of greening bitcoin. “As we work towards our goal of bringing…

Smart contracts are coming to Bitcoin through Dfinity’s Internet Computer

Dfinity Foundation’s Internet Computer blockchain is bringing smart-contract capabilities to the Bitcoin (BTC) network, potentially opening the door to new use cases for the premier cryptocurrency.  Internet Computer will utilize its so-called chain key cryptography to integrate with Bitcoin, paving the way for smart contracts with native BTC addresses that are hosted directly on Internet Computer, Dfinity Foundation announced Tuesday. “Internet Computer smart contracts will gain access to bitcoin liquidity, and Bitcoin will gain powerful new smart contract functionality, without the need for insecure and cumbersome trusted bridging services,” explained…

Can Crypto Go From Movement to Campaign?

Cops like pulp fiction, too. Yesterday, choosing one of the most high-profile crypto conferences of the year, an agent for the U.S. Securities and Enforcement Commission (SEC) reportedly subpoenaed a crypto founder as he was preparing to take the stage. The plot point would certainly fit the narrative: Crypto, a movement fighting for freedom and equal access in finance, was being curtailed by the state. The latest chapter of this familiar story allegedly played out at the top of an elevator shaft at the Marriott Marquis in Manhattan. This article…

Report – Featured Bitcoin News

Stock trading and investing app Robinhood has reportedly been testing new features, including a crypto wallet and cryptocurrency transfers. “The ability to deposit and withdraw cryptocurrencies is tricky to do with scale, and we want to make sure it’s done correctly and properly.” Robinhood to Add Crypto Wallet and Transfer Features Investing app Robinhood is “quietly” testing several new features, Bloomberg reported Monday, describing: Robinhood Markets Inc. is testing new crypto wallet and cryptocurrency transfer features for its app. Evidence of the new features has appeared in a beta version…