After years of discussion, Monday may mark the first time accredited investors can buy tokenized shares of a high-profile professional athlete's contract. Markets Daily is back with the latest on the NBA's Spencer Dinwiddie story and what it could mean for entertainers of all stripes.No time to listen?...
It smelled fishy from the start.On Wednesday, MY Sardines, a Luxembourg-based company, announced its intention to launch a cryptocurrency backed by – are you sitting? – vintage sardines. Between the novel collateral, a white paper thin on details (who is the unnamed external auditor for the stock of sardines?)...
The Securities and Exchange Commission (SEC) has filed suit against Donald G. Blakstad for scamming investors partly through an allegedly fraudulent crypto mining operation.In a filing Jan 8, the SEC alleged Blackstad, 60, bilked over $3.5 million from investors of three separate firms: an oil and gas company;...
Stronger privacy is coming to the largest stablecoin, tether, with a recent blockchain-to-blockchain swap of $15 million worth of tokens.At 11:27 UTC on Jan. 7, stablecoin issuer Tether conducted a cross-chain swap of some 15 million USDT reserves from ethereum to Blockstream’s Liquid, a federated sidechain running parallel...
Kraken has listed the USD Coin, which it described as the "world's fastest-growing stablecoin," the day after rival Binance removed it from its platform because of low trading volume. Kraken said deposits and trading would go live Wednesday for USDC trading pairs with bitcoin, ether and tether, as...
Bitcoin’s price has hit a new record for 2020, reaching as high as $8,438 before retracing slightly. At 23:30 UTC on Jan. 7, the world’s largest cryptocurrency by market capitalization began a strong upward trend from $8,080 to above $8,400 before topping out at $8,438 in just over...
Coinbase Pro released a new Android application Tuesday, granting professional investors using the exchange access to high-speed trades and other activities.Product manager Linda Xie wrote in a blog post that Coinbase Pro customers in more than 100 countries could use 50 different trading pairs with its new Android...
Bitcoin's price jumped $200 in an hour and a half on Monday, rising to a 30-day high of $7,800. The world's largest cryptocurrency by market capitalization climbed after data provider CoinMarketCap showed a sudden jump in the supply of stablecoin tether (USDT).The 5 percent rise in bitcoin's (BTC)...
LAS VEGAS — A Taiwanese security company called AuthenTrend is trying something new in the ultraslim wallet world. Its first product? A cold wallet the size of two credit cards back to back that features an e-ink screen and fingerprint-based security.The thin plastic wallet uses biometrics to temporarily...
Despite the ongoing hype surrounding the growth and popularity of decentralized finance (DeFi) applications last year, gaming and gambling remain the most popular use cases for blockchain apps. According to blockchain analytics site Dapp.com, there are approximately four times as many users for both gaming and gambling decentralized applications...