Day: September 28, 2021

Verifone Partners With BitPay to Support Crypto Payments

Payment technology provider Verifone is to support crypto payments through a partnership with crypto payments provider BitPay. Merchants in the U.S using Verifone’s software will be able to offer crypto as a payment option once the system is rolled out later this year, according to an announcement Tuesday. BitPay supports wallets such as Blockchain.com and MetaMask to enable purchases in six different cryptos, including bitcoin, ether and dogecoin, and five U.S. dollar-pegged stablecoins including USDC and BUSD. Funds will be settled in the merchant’s bank in fiat currency via Verifone…

Law Enforcement in Russia’s Samara Region Investigates 8 Cases of Fraud Related to Finiko – Bitcoin News

The investigation into the Russia-based crypto pyramid Finiko is growing with law enforcement officials in Samara region announcing they have launched eight criminal cases against Finiko associates. Authorities are also working to identify more victims of the Ponzi scheme, Russia’s largest in recent years. Finiko Members Under Investigation in Samara, Russia The Russian Ministry of Interior’s Main Department in Samara Oblast, a region bordering Tatarstan, is investigating eight cases of fraud against Finiko associates. The members of the Ponzi scheme are accused of misappropriating 6 million rubles from investors who…

Cardano’s Alonzo hard fork was a success but real utility could be a while

Cardano (ADA) reached a major milestone in its roadmap on Sep. 13 as its blockchain successfully launched Plutus-powered smart contracts as a part of the Alonzo hard fork.  The Alonzo hard fork has been highly anticipated in the Cardano community as well as the cryptocurrency sphere at large. The smart contract functionality is meant to allow Cardano to become a platform on which developers can build decentralized applications (DApps) and even mint nonfungible tokens (NFTs). This milestone has been hailed as the point in the development of the network where…

Bitcoin whales move ‘record’ BTC value as metric sounds alarm over price volatility

Bitcoin (BTC) analysts are eyeing short-term volatility as whales begin unprecedented behavior. Fresh data shows that whales have not only been highly active on the market — they’ve been moving record amounts of BTC. Whale activity beats Bitcoin all-time highs Despite BTC price action staying in a narrow, uninspiring range of around $40,000, large-volume Bitcoin investors are anything but calm. In recent weeks, these whales have shifted more coins around the network than ever before — even more than during all-time BTC/USD highs of $60,000 and above. Transactions involving $10 million…

62% of institutions to start investing in crypto within a year: Survey

Institutional investors are increasingly looking to move into cryptocurrency investment to grow their revenues in the long term, a new survey revealed. As many as 62% of global institutional investors with zero exposure to cryptocurrencies like Bitcoin (BTC) said they expect to invest in these for the first time within the next year in a new survey by European investment manager Nickel Digital Asset Management. Released Sept. 28, the survey interviewed 50 wealth managers and 50 institutional investors across the United States, the United Kingdom, France, Germany, and the United…

Social Token Site Roll Gets Boost With $10M Series A Led by IOSG Ventures

Social token builder Roll has raised $10 million in Series A funding led by IOSG Ventures with participation from Animoca Brands, Alchemy, Huobi Ventures, Weekend Fund, Mischief Fund and Audacity. The new financing brings Roll’s total funds raised to $12.7 million since it launched in 2019; existing backers include Galaxy Interactive, Hustle Fund, Gary Vaynerchuk, Trevor McFederies, Ryan Selkis and Balaji Srinivasan. Internet creators and communities find themselves in a digital renaissance powered by the explosion of things like non-fungible tokens (NFTs) and decentralized finance (DeFi). Roll’s play is selling…

Blockchain Startup Triall Introduces a Tokenized Ecosystem to Speed Up and Improve Medical Research – Press release Bitcoin News

press release PRESS RELEASE. Triall launches its main utility token TRL on Uniswap following a successful token pre-sale that raised more than 2 million USD. AMSTERDAM, Sept 28, 2021 – Blockchain startup Triall launched its main utility token TRL in an initial DEX offering (IDO) on Uniswap at 13:00 UTC today, after raising more than 2 million USD in its token pre-sale campaign. The company introduces a tokenized ecosystem that helps secure and streamline the development of new vaccines and medicines during clinical trials. As part of its launch, Triall…

Solana-Based Prediction Market Uses DeFi Yields to Finance ‘No Loss’ Betting — CoinDesk

Those who bet correctly, meanwhile, win additional game tokens and are ranked by their return on investment (ROI). The yield earned in the DeFi pool will be paid out as prize money split among those who finish at the top of the competition’s “ROI leaderboard.” Hedgehog is dangling $5,000 to be divided up among the top bettors at the $100 level and $30,000 for distribution to the champions of the $1,000 tier. Source

Social token provider Roll raises $10M to tokenize online interaction

Social token infrastructure provider Roll raised $10 million in Series A funding, bringing the company’s total funds raised to $12.7 million to help creators tokenize their interactions with communities.  Led by IOSG Ventures, the funding round saw participation from Animoca Brands, Alchemy, Huobi Ventures, Weekend Fund, Mischief Fund, Audacity and existing investors like Galaxy Interactive, Hustle Fund, Gary Vaynerchuk, Trevor McFederies, Ryan Selkis and Balaji Srinivasan. Social tokens are blockchain-based digital currencies that have the potential to be used as the basis of a decentralized creator economy. “Through Roll, decentralized…