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Infinity Skies Uses Chainlink VRF to Share its Loot Boxes

In an important development, Infinity Skies has announced that it has collaborated with Chainlink to integrate the latter’s Verifiable Random Function (VRF) to bring more transparency and authenticity to its distribution of Loot Boxes. Infinity Skies is developing a blockchain-based game in which pl..

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Intercontinental Exchange sells Coinbase stake for $1.2B

Intercontinental Exchange, the operator of the New York Stock Exchange and the owner of Bakkt digital asset platform, has sold its 1.4% stake in the newly Nasdaq-listed cryptocurrency firm Coinbase. Announcing the news Thursday on a financial results call for the first quarter of 2021, ICE chief financial officer Scott Hill said that the company sold its Coinbase stake for $1.2 billion. The executive noted that the sale generated approximately $900 million net after taxes. Hill said that the proceeds were used to reduce ICE’s debt at the end of the first quarter. He noted that the company’s pro forma leverage, or total indebtedness rate, would have been closer to 3.6x compared to 4.2x when ICE acquired mortgage-focused software company Ellie Mae in September 2020. “We are definitely a bit ahead of schedule, been paying down debt faster than we sort of expected when we started the deal. I mean I would say we were doing that, though, before the Coinbase sale,” ICE’s incoming CFO Warren G..

BNY Mellon values Bitcoin on par with gold, what’s their price target?

In February, one of the oldest financial institutions in the United States, Bank of New York Mellon, announced the launch of a custody service...

Ray Dalio has bought bitcoin

Ray Dalio owns bitcoin. He revealed it himself. The founder of Bridgewater Associates said it at the Consensus organized by Coindesk. In the interview...

More Gains for Bitcoin Ahead as Natixis Predicts Dollar Declines

The starting point for the Bitcoin market’s recent declines is the prospect of faster-than-expected economic growth in the United States, thanks to the extreme...

The NFTs of Boosta and Danijel Zezelj

A new NFT collection from the Boosta feat. Zezelj project, involving Subsonica co-founder Davide Dileo, aka Boosta, and former Marvel cartoonist Danijel Zezelj, will...

Spin to Win 10,000 Free Rounds in the Latest Tournament from Bitcoin Games

Win from a prize pool of 50,000 Free Spins in the newly launched tournament by Bitcoin Games 50 players will win loads of Free...

What The Last Leg Up In The Crypto Bull Market Could Look Like

Crypto assets like Bitcoin and Ethereum have taken a beating since April local highs, calling into question if the once powerful bull market is...

BTC’s ‘Hands of Steel’- 37% of Bitcoin’s Supply Hasn’t Moved Since 2017, 55% Sat Idle After 2018’s Bottom

Just recently, the onchain data and research company Glassnode published a report that introduces variations of Bitcoin’s Spent Output Profit Ratio (SOPR) and Market...

Cardano SPO Column: kBlocks (BLOCK)

We have started a new segment on The Cryptonomist, the Cardano SPO Column. This initiative will be a point of reference for everything Cardano...

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Oracle Vinny Lingham Still Envisions $100K This Year if Bitcoin ‘Continues to Hold $30K’ 

The former CEO of Gyft and the cofounder of the project Civic, Vinny Lingham has been called an ‘oracle’ at times for correctly predicting...

3 reasons why BTC will unlikely trade below $50,000 in the near term

Bitcoin (BTC) is showing tenacity above $50,000 on March 25. The 10% drop over the last 24 hours happened despite Tesla allowing customers to buy vehicles using BTC in addition to CEO Elon Musk affirming that it will not be converted to fiat currency. On March 22, the United States Federal Reserve chair, Jerome Powell, stated that Bitcoin was too volatile, "backed by nothing," and more of an asset for speculation. Curiously, on that same day, BTC lost its $56,000 support, which became a resistance. Traders worry that the pump might have been news-driven, while the downtrend movement shall prevail. Although this is possible, derivatives indicators aren't leaning bearish, and any decent correction will likely meet strong support at $50,000. Bitcoin price 3-hour candle chart (Coinbase). Source: TradingViewPart of the uncertainty investors might have derived from the record $6.1 billion options expiry on March 26. Nevertheless, 84% of the neutral-to-bearish put options are already dee..

Bancor releases no-liquidation lending with Vortex as AMMs continue diversification

Automated market maker exchange Bancor has rolled out a new mechanism that allows users to increase their capital efficiency while providing liquidity in its pools. Called Vortex, the solution allows users providing liquidity in BNT, Bancor’s utility token, to borrow funds while continuing to obtain yield from swap fees. The Vortex mechanism reworks the existing mechanism of vBNT, a special version of the BNT token that entitles users to participate in governance. The voting token is automatically received when staking BNT into a liquidity pool, and it can be defined as Bancor’s pool token. The Vortex proposal adds functionality to vBNT, creating an infrastructure that allows users to sell the token for the original BNT. Once vBNT is converted, users can exchange it into any other asset. The vBNT sale mechanism makes Vortex a no-liquidation lending platform, letting liquidity providers receive their future rewards immediately, in a similar manner to Alchemix. Since their principal cont..

Brazil’s Central Bank President Expects to Have News on a CBDC ‘Soon’

The largest country in Latin America could have its central bank digital currency (CBDC) soon, as the Brazilian central bank is taking steps towards...

Ether EFT Gets Approval From Brazilian Securities Regulator

The Brazilian Securities Regulator, Comissão de Valores Mobiliários (CVM) gives approval for an Ether exchange-traded fund (ETF). The holding company of QR Asset Management,...

Euler.Tools, a Unique Platform to Explore and Discover Blockchain Tools

PRESS RELEASE. Jorge de los Santos is the man behind Euler.Tools, a platform that wants to change how...

Number of Crypto ATMs rises: more than 24,000 worldwide

Globally, according to the monitoring website CoinATMRadar, the number of bitcoin and cryptocurrency ATMs has surpassed 24,000. As a result of the increasingly widespread...

Anthony Hopkins: the new film “‘Zero Contact” will be in NFT

Oscar-winning actor Anthony Hopkins has decided to jump into the world of Non-Fungible Tokens (NFT) using a new platform to launch his new film...

Gemini plans to beat Binance through compliance, aims to become ‘fastest tortoise’ in race

Gemini exchange co-founder, Cameron Winklevoss, has stated the company expects to overtake the current largest crypto exchange by volume, Binance, predicting its emphasis on compliance will win out as regulators increasingly crack down on unregulated exchanges. As reported by Bloomberg on July 12, Cameron Winklevoss emphasized the importance of adhering to regulators’ demands, stating that Gemini is “playing the long game:" “We’re trying to be the fastest tortoise in the race. The long game pays off over time.”The comments come as Binance faces increasing regulatory pressure, with the U.K’s. Financial Conduct Authority told Binance that it wasn’t authorized to carry out regulated activities in the country in late June. A banking blockade followed as several high street banks curtailed their customer’s activities with the exchange. Around the same time, Bloomberg also reported that the U.S. Department of Justice, the Internal Revenue Service, and the Commodity Futures Trading Commission..

Torum: DeFi + NFT + Social Media – the Next Brilliant Utility Innovation in the Blockchain World?

PRESS RELEASE. Launched on the 1st of July 2020, Torum is a social media platform specially designed for cryptocurrency users. Symbolizing the nature of...

Milan, capital of cryptocurrencies: the project

Milan, the Italian capital of cryptocurrencies. This is the dream of the candidate for mayor Pietro Furlan, who presented himself yesterday at a press...
 

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