Global Crypto Community Comes Out in Full Force Against Coronavirus

With cases of the deadly coronavirus still popping up at an unprecedented rate around the world, many prominent members of the blockchain and crypto industries have heeded the global cry for help and have swiftly engaged in meaningful action — be it in terms of direct research-related participation, or through the donation of funds or resource materials, such as masks, sanitization equipment, etc.  For example, as early as January, premier cryptocurrency exchange Binance had already donated $1.4 million worth of medical supplies to Chinese authorities in a massive effort to…

India's Crypto Bulls Roadshow Given Full Head of Steam by Ban Repeal

The Indian Crypto Bulls Roadshow describes itself as a not-for-profit initiative that seeks to educate Indian citizens as to the emerging blockchain and cryptocurrency sectors. The roadshow was originally scheduled to visit eight major Indian cities over 20 days — New Delhi, Jaipur, Ahmedabad, Surat, Mumbai, Pune, Hyderabad, and Bangalore. However, following India’s Supreme Court ruling that the Reserve Bank of India’s (RBI) ban on banks providing services to companies operating with crypto was unconstitutional, the roadshow has scheduled seven additional cities to host the event — Chennai, Visakhapatnam, Bhubaneswar,…

India’s Crypto Bulls Roadshow Given Full Head of Steam by Ban Repeal

The Indian Crypto Bulls Roadshow describes itself as a not-for-profit initiative that seeks to educate Indian citizens as to the emerging blockchain and cryptocurrency sectors. The roadshow was originally scheduled to visit eight major Indian cities over 20 days — New Delhi, Jaipur, Ahmedabad, Surat, Mumbai, Pune, Hyderabad, and Bangalore. However, following India’s Supreme Court ruling that the Reserve Bank of India’s (RBI) ban on banks providing services to companies operating with crypto was unconstitutional, the roadshow has scheduled seven additional cities to host the event — Chennai, Visakhapatnam, Bhubaneswar,…

Sectors Realizing the Full Potential of DeFi Protocols In 2020

As the new decade unreels, a new wave of disruption seems to be coming to the shores of the global financial system. That wave is called decentralized finance protocols. Decentralized finance, or DeFi, simply refers to financial software that is built on the blockchain to make it easy for anyone to piece together digital assets and financial smart contracts. Think of DeFi as a Lego system for the finance industry. According to Defi Pulse, an analytics site that tracks the sector’s growth, the entirety of the DeFi ecosystem achieved its…

‘Full Transparency Not Ideal for Cryptocurrency’ Says Chainalysis Exec

A major global company that helps fight illicit cryptocurrency-related activity does not think that privacy in crypto markets is necessarily bad. Despite representing one of the primary sources of crypto transaction data for federal agencies like the Internal Revenue Service and the FBI, Chainalysis does not exactly oppose the privacy and decentralization of crypto. “Complete transparency is not necessarily an ideal place” Jonathan Levin, co-founder and CSO at blockchain and crypto analytics firm Chainalysis, reiterated his stance to privacy in crypto, claiming that full transparency of cryptocurrency transactions might not…

This PlayStation Microtransactions Patent Sees Sony Going Full Evil

Sony filed a patent for an “in-game resource surfacing platform.” The system will offer player-specific in-game solutions ranging from tips and strategies to microtransactions. If a practical application of the patent sees the light of day, microtransactions could become an even more prevalent part of the gaming experience. Sony has filed a patent with the World Intellectual Property Organization for an “in-game resource surfacing platform” that could one day haunt PlayStation owners. Using machine learning, the platform offers contextually relevant advice and solutions, including microtransactions, to players stuck on a…

Good Guy Nintendo Goes Full Monster after Embracing Microtransactions

VGC has discovered that Animal Crossing: New Horizons will contain in-game purchases. The discovery was made thanks to the ESRB rating on the game’s store page. Clearly, Nintendo has just given up on acting like they’re actually a good company. It’s official. Nintendo has abandoned the pretense of being a family-friendly gaming company. VGC noticed that the ESRB rating for Animal Crossing: New Horizons shows it will contain in-game purchases. As if the dreadful Pocket Camp game wasn’t bad enough, this garbage practice has now bled into Nintendo’s main games.…

Singapore Clears Securities Token Platform iSTOX for Full Trading

The Monetary Authority of Singapore (MAS) has greenlit a tokenized securities trading firm for full operations within the city-state. Announced Monday, iSTOX has graduated from the Singapore central bank’s fintech regulatory sandbox and is set to be one of the first securities token platforms that is licensed as a capital markets services provider, said the platform's operator ICHX Tech. The platform will provide both retail and institutional investors with issuance, custody and trading services for digitized securities. One of the firm’s goals is to open certain parts of the financial…

Agharta Hard Fork to Bring Full Compatibility Between ETC And ETH

The upcoming Ethereum Classic (ETC) Agharta hard fork will include features of the Ethereum (ETH) Constantinople fork and intends to make ETC fully compatible with Ethereum. In a press release shared with Cointelegraph on Dec. 26, ETC Labs further confirmed its intention to ensure full compatibility between ETC and ETH, as the coming Agharta update is expected to create backward compatibility between the two networks. ETC Labs CEO Terry Culver commented: “Ethereum Classic Labs is one of the first incubators to support innovative projects on the Ethereum Classic Blockchain. The…

Contrary to Popular Belief, Bitcoin is in Full Bear Market, Says Analyst

People who believe bitcoin is currently in a bull market just because it avoided a drop below $6,400 are wrong, according to Alex Krüger. The prominent market analyst made bold comments about halving, an event that would reduce the bitcoin mining reward from 12.5 BTC to 6.25 BTC effectively from May 2020. Krüger refuted popular price prediction models, such as the Stock-to-Flow, that envision bitcoin at its all-time high after halving. “Contrary to what cheerleaders want people to believe, the halving is not supposed to make longs rich,” said Krüger.…