Phase 0 of Ethereum 2.0 Has Another Possible Launch Date – November

Ethereum 2.0 (ETH 2.0), or Serenity, is “well on track” for a launch later this year, according to Afri Schoedon, release manager at blockchain infrastructure company Parity Technologies and ex-Ethereum developer – and unless there is a critical problem found, there is no reason to push it to 2021. Speaking to Paradigm, “the pioneer of ETH2 multi-clinet testnets,” as the investment firm focused on blockchain and cryptoassets described him, said that the Ethereum 2.0 beacon chain will launch in November unless “severe bugs” are found in clients or protocol. “I’m in-between Vitalik [Buterin] and Justin [Drake]…

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Crypto Insider Traders Run Free, Hurting Unregulated Market

Insider trading has a toxic effect on crypto, deterring the wider public from investing. “Regulation is definitely needed and the right answer.” The crypto industry has an insider trading problem. While no official laws or regulations explicitly prohibit insider trading within crypto, industry observers suspect that it happens more often than you think. Few crypto exchanges and companies are actually listed on traditional stock exchanges, so ‘insider trading’ in the normal sense doesn’t happen in crypto. Nonetheless, insider trading has its forms within crypto. It could be a group of…

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LibertyX Lets Americans Buy BTC at 7-Eleven, CVS Pharmacy, Rite Aid

A company that brought one of the first bitcoin (BTC) ATMs in the US has now enabled customers in thousands of retail locations across the country to buy the world’s oldest cryptocurrency. LibertyX launched America’s first bitcoin ATM in 2014, and has been “growing ever since,” per its website. The firm has expanded its base of “thousands” of local stores, standalone debit kiosks and traditional ATMs, allowing for the instant purchase of BTC in 20,000 retail outlets, including major convenience store and pharmacy chains, such as 7-Eleven, CVS Pharmacy and Rite Aid, per a press release. Currently, the list of…

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‘Bitcoin Billionaires’ Winklevoss To Co-Produce Film About Themselves

With crypto continuing to creep slowly into the mainstream, the community may now get another reason to visit a cinema, as a new film featuring the well-known Winklevoss twins’ rise in the space is set to be produced. The planned movie will be an adaption of Bitcoin Billionaires, the best-selling book by Ben Mezrich that described the brothers’ journey from struggling venture capitalists in California’s Silicon Valley, to betting big on bitcoin (BTC) and becoming two of the world’s first bitcoin billionaires, Deadline reported. Written by Mezrich as a follow-up to his earlier book The Accidental…

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Whale Alert: $549,000,000 in Bitcoin, Ethereum and XRP on the Move As BTC Tumbles Below $10,000

Whales are moving enormous amounts of cryptocurrency as Bitcoin (BTC) once again displays its trademark volatility. In a span of about 10 minutes, Bitcoin plunged from more than $10,000 to a low of $8,600 on the crypto exchange BitMEX, with data from the crypto analytics platform Skew showing $220 million in XBTUSD positions liquidated in a 12-hour period. BTC is at $9,515 at time of publishing, according to the aggregated price tracker CoinMarketCap. An increasing number of crypto whales are emerging amid the wild price action. One whale in particular initiated a…

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These High Profile Bitcoin Investors Accumulate Ethereum Too

Following strong price gains this year, prominent bitcoin (BTC) investors are revealing their growing interest in ethereum (ETH). The most recent example is Garry Tan, Co-founder of venture capital firm Initialized Capital, and one of the early investors in major crypto exchange Coinbase, who tweeted on Sunday that he had “started accumulating ETH again.” At the same time, however, Tan stressed that his long-term ETH investment comes in addition to BTC, and not instead of it, and that prices may still drop in the short-term for investors who would like to pick it…

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What Are Leveraged Tokens And Should You Trade Them?

The digital asset markets are continuously evolving and innovating to accommodate different types of traders. One of the latest innovations in the crypto trading space is leveraged tokens. In this article, you will be introduced to leverage tokens, how they work, and we discuss their benefits and drawbacks. Leveraged tokens 101 A leveraged token is a financial derivative that enables you to gain exposure to a leveraged trading position in a digital asset without the complex aspects of managing a margin trade. Leverage tokens are ERC20 tokens that represent a…

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Bitcoin Mass Adoption Would Benefit and Harm Current Economy

“Bitcoin removes money available to the fiat monetary systems for lending.” “There are certain features of BTC that can fuel increased economic growth.” As adoption takes place gradually, bitcoin could offer more positives than negatives. HomeExclusivesFeatures Follow us on Twitter or join our Telegram Bitcoin Mass Adoption Would Benefit and Harm Current Economy By Simon ChandlerMay 30, 2020 “Bitcoin removes money available to the fiat monetary systems for lending.” “There are certain features of BTC that can fuel increased economic growth.” As adoption takes place gradually, bitcoin could offer more positives than negatives. With…

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One Man Stands Out As Likely Bitcoin (BTC) Creator Satoshi Nakamoto, According to Ethereum Co-Founder

Cardano creator Charles Hoskinson thinks Blockstream CEO Adam Back could be Satoshi Nakamoto, the pseudonymous founder of Bitcoin. Hoskinson says there are a slew of reasons why he thinks it’s a possibility that Back fits the bill, including his experience in cryptography and privacy. Back is the inventor of Hashcash, a proof-of-work system that ultimately became a cornerstone for BTC. Says Hoskinson, via Cointelegraph, “These are just great examples of what you would expect from the inventor of a proto-system that’s almost Bitcoin, to kind of keep doing that research. The…

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Investor Pours $150 Million Into Goldman Sachs-Backed Fintech Building Global Money Platform for Big Tech Innovators

In its latest funding round announced on Thursday, Goldman Sachs-backed Marqueta has raised $150 million from an unnamed institutional investor. The Bay Area-based fintech offers a global modern card issuing platform for innovators to build highly configurable payment cards. The company, now valued at $4.3 billion, includes DoorDash, Instacart, Uber and Square among its client base. According to Marqeta, new commerce disruptors, tech giants and digital banks are turning to physical, virtual and tokenized card products for a growing number of use cases, fueling a multi trillion-dollar industry. The race…

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