Chinese mining company Ebang has yet to see a positive net income in 2020, but an IPO might give it a jumpstart. On June 26, Chinese firm Ebang was listed on the Nasdaq Global Market under the ticker EBON, becoming the second Bitcoin (BTC) mining manufacturer to go public on a United States stock exchange. […]
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The price of Bitcoin is likely to head to the $7,000s. But, it may be the last dip below $10,000 for BTC, says one on-chain data analyst. The price of Bitcoin (BTC) is consolidating below $9,200, which has acted as a key support level since late May. According to Cole Garner, if BTC breaks down […]
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Facebook’s Forecast app has been launched in beta even as the blockchain-based Augur platform readies for its v2 revamp. Facebook’s research and development engineers have launched a community platform built around predictions, encroaching on the territory of the emerging crypto-powered predictive market sector. Dubbed ‘Forecast’, Facebook’s new iOS app polls users on a variety of […]
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An Australian custom shoemaker is using VeChain to verify the authenticity of its licensed Nike shoes. Blockchain-based traceability platform VeChain will be used to power the issuance of a limited-edition run of licensed Nike Air Max 1 shoes. Announced on June 24, Australian shoemaker Chase Shiel and retailer The Kickz Stand have partnered to produce […]
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As Libra and COVID-19 give a push to CBDCs, some projects are looking to dethrone the main international currency. As central bank digital currencies continue to be researched and tested by countries across the globe, it becomes more apparent that the United States dollar’s reign might be challenged once the concept is implemented on a […]
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Dragonchain will demonstrate its new blockchain-based contest system in a televised contest with a $50,000 prize. Blockchain firm Dragonchain has announced a new contest system, which they claim is “provably fair.” Dragonchain founder and CEO Joe Roets told Cointelegraph on June 25 that the firm has developed a blockchain-based contest system that allows participants to […]
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Ethereum 2.0 developers agreed in a call to move up the launch of a milestone 0.12 testnet to Monday, to ensure all engineers are on deck for the genesis block. The latest Ethereum 2.0 testnet iteration, Altona, is scheduled to release on Monday, June 29. As discussed in the Eth 2.0 developers call on June […]
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CME Group sees a new all-time high for combined Bitcoin derivatives open interest, with options driving the momentum. Bitcoin (BTC) options continue to see record open interest this week with a $1 billion expiration just one day away. According to data from on-chain analytics tool Glassnode and others, demand for options continues to underscore the […]
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Norwegian seafood producers seek to prove high-quality and fully traceable fish products through blockchain despite the technology’s drawbacks. Imagine sitting down at your favorite restaurant and ordering a fresh filet of salmon, only to later discover that the “salmon” dish wasn’t actually salmon. As horrifying as it may sound, this scenario is actually quite common. […]
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Defi platform DMM, backed by Tim Draper, has successfully completed its IDO despite users reporting a myriad of issues. Lending platform Defi Money Market (DMM) — backed by Tim Draper’s Draper Venture Network — has had a difficult birth. The Initial DEX Offering (IDO) has completed successfully, raising $6.5 million in 48 hours, but investors […]
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