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Deribit and Paradigm Launch Crypto Derivatives Block Trading

Dutch crypto derivatives exchange Deribit launched a block trading tool in partnership with trading comm platform Paradigm. Dutch crypto derivatives exchange Deribit launched a block trading solution in partnership with American trading communication platform Paradigm. World’s first block trading tool for crypto derivatives The institutional block trading solution is reportedly the first one of its kind offered by a crypto-derivatives exchange, the firms said in a press release shared with Cointelegraph on Aug. 22. The new block trading solution intends to enable institutions to directly negotiate crypto-derivative trades via chat…

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Bitcoin Price ‘Not at the Top’ of New Bull Cycle Yet, Data Shows

An Ikigai researcher says the Bitcoin Days Destroyed metric is mimicking behavior immediately before 2017’s record price run. Bitcoin (BTC) prices have far higher to go during their current market cycle if crowd sentiment takes charge, according to analysis of the Bitcoin Days Destroyed (BDD) technical metric. In social media posts on Aug. 22, Hans Hauge, senior qualitative researcher at crypto investment fund Ikigai, identified Bitcoin sentiment as being similar to early 2017. That was just months before the cryptocurrency reached its all-time high of $20,000. In a tweet accompanied…

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Major Swedish Bank Orders Negative Interest Rate on Euro Deposits

Sub-zero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark have been in negative territory for a while and a growing number of banks in the region are now charging depositors for keeping their money. Saving in fiat right now, unlike cryptocurrencies lately, leads to losses, although loans and mortgages aren’t free of charge per se. A leading Swedish bank has imposed a negative interest rate of -0.40% on euro accounts, while the ECB is reportedly preparing for a new…

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Top-Rated Crypto Exchanges Comprise 5% of Total Trading Volume: Report

Untrusted exchanges still command the lion’s share of global cryptocurrency trading volumes, a new CryptoCompare report reveals. Untrusted exchanges still command the lion’s share of global cryptocurrency trading volumes, a CryptoCompare report published on Aug. 21 reveals. As of July, D-E rated low-quality exchanges represented 64% of trading volume —  a staggering $316 billion — whereas top-rated AA platforms accounted for just 5% or $31 billion. A-rated exchanges nonetheless increasing share Lower quality crypto trading volume looms large over the sector: yet there is a silver lining. In July, volume…

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Two Thieves Caught on Tape Stealing Bitcoin ATM in the US

In a mall located in Washington DC, two alleged thieves have been reportedly filmed by security cameras as they stole a Bitcoin ATM. A Bitcoin (BTC) automatic teller machine (ATM) has allegedly been stolen in the United States with the theft caught on tape.  Bitcoin ATM theft in the U.S. A Bitcoin ATM has reportedly been stolen by two alleged thieves in a mall situated in Washington DC on Aug. 3, according to a report published by Finnish news outlet Ilta Sanomat on Aug. 22. Moreover, the alleged two suspects…

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Samsung-Backed Blockchain Startup Raises $7.5M from Shinhan Bank

Samsung-backed blockchain startup Blockco raised $7.5 million in a funding round from Shinhan Bank and KEB Hana among others. South Korean blockchain startup Blockco has secured 9 billion Korean won ($7.5 million) in a recent Series B+ funding round participated by major local banks. Banks continue interest in blockchain Backed by South Korea’s tech giant Samsung, Blockco announced the investment in a blog post on Aug. 22. The funding round involved South Korea’s oldest bank Shinhan Bank and South Korea’s largest foreign exchange bank, Korea Exchange Bank, also known as…

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R3 Plagued by Internal Conflicts Over Corda, Sources Claim

The development of R3’s enterprise blockchain platform Corda is reportedly beset by fundamental disagreements over its core vision, causing frustration and delay. The development of R3’s enterprise blockchain platform Corda is being plagued by fundamental disagreements over its core vision, causing frustration and delay. The claim was made in a report from FT Alphaville on Aug. 22, citing numerous insider sources. “Corda maximalists” versus interoperability proponents Sources close to R3 reportedly allege that there is a gulf between Corda’s engineers and its senior management as regards the product’s design and…

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Bitcoin Maximalists Embrace Ethereum After Receiving an Offer They Can’t Refuse

A group of hardcore bitcoin maximalists have heroically overcome their hatred for Ethereum after receiving ERC20 shares in crypto exchange INX worth hundreds of thousands of dollars. The staunch BTC loyalists, led by Blockstream CTO Samson Mow, have agreed to support a project built on Ethereum, despite all the mean things they’ve said about it. The news has provoked intense debate within the crypto space, however, with some cynics arguing that the maximalists are only in it for the money. Also read: The World Bank’s Blockchain Bond Is Just a…

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Bitcoin Price ‘Not at the Top’ of New Bull Cycle Yet, New Data Shows

Ikigai researcher notes Bitcoin Days Destroyed metric mimicking behavior immediately before 2017’s record price run Bitcoin (BTC) price has far higher to go during its current market cycle if crowd sentiment takes charge, according to analysis of the Bitcoin Days Destroyed (BDD) technical metric. In social media posts Aug. 22, Hans Hauge, senior qualitative researcher at crypto investment fund Ikigai, identified Bitcoin sentiment as being similar to early 2017. That was just months before the cryptocurrency reached its all-time high of $20,000. “Bitcoin bubble tops are clearly identified with a…

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Andrew Yang Wants to Make US Elections Fraud-Proof Using Blockchain

Andrew Yang wants to implement blockchain-based mobile voting as President of the United States. Andrew Yang, a 2020 United States presidential candidate in the Democratic Party and blockchain advocate, says he will implement blockchain-based mobile voting as president. According to Yang’s campaign website, Yang believes that Americans should have the option of voting on a mobile device, using blockchain tech for verification purposes. Yang also believes that in terms of security risk, most voting machines are just as vulnerable to hackers as is the case with modern tech. Yang states:…

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