Crypto IP “puts us in a good position” for central bank digital currency, said Mastercard President Miebach.
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Author: Danny Nelson
Quick Take
- Influential Rarible users have figured out how to game its platform via “wash-trading.”
- Some artists say “verified” users with large followings have gained a significant advantage.
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Author: Saniya More
Quick Take
- Institutional adoption of stablecoins for foreign exchange trading still requires a host of issues to be solved.
- Individuals and businesses can already benefit from stablecoin usage for foreign exchange trading and related activities today.
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Author: Lars Hoffmann
A steeper decline was avoided by one record day for Uniswap and Curve.
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Author: Zack Voell
Network data shows that adjusted on-chain transaction activity on the Bitcoin network hit its highest level in October since last summer.
As shown in the chart below, the adjusted on-chain volume reached $92.09 billion — an increase from September’s $77.69 billion.
October’s figure represents the highest level since July 2019, when the adjusted on-chain volume came in at $93.45 billion.
Looking at daily figures, the activity for October rose toward the end of the month — coinciding with the movement of bitcoin’s price in the ranges above $13,000.
© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Author: Michael McSweeney
Huobi said Monday that rumors alleging one of its senior executives had been arrested were false.
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Author: David Pan
As countries like China and Sweden rush to develop digital currencies, the U.S. can afford to take its time.
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Author: JP Koning
Bitcoin from the September hack of KuCoin is once again on the move, according to the blockchain analytics firm Elliptic.
Previously, the hacker elected to use a service known as ChipMixer, The Block reported. Now they’re using Wasabi Wallet, a mixer through which multiple participants combine coins into one large transaction with numerous inputs and outputs.
Source: Elliptic.
Wasabi Wallet is a non-custodial, open-sourced, privacy-focused Bitcoin wallet. It promises to create fungible transactions, making it difficult to trace where a coin originated from or where it was sent to, according to the Wasabi Wallet FAQ page.
The KuCoin hacker has been amplifying the ways in which money laundering can occur over decentralized tools, such as using DEXs to launder funds and mixers to throw blockchain analytic tools and methods off their tracks.
© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Author: MK Manoylov
A “malicious contract” caused a Tron blockchain super representative to suspend block production for a few hours on Monday.
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Author: William Foxley
October saw the first time the total value locked in all DeFi protocols closed below the month’s starting value.
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Author: Daniel Kuhn
