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Asian Tech Giants’ New Blockchain Drive Involves Traditional Finance

Two of South Korea’s biggest internet tech companies are strengthening their ties with the traditional financial sector to prepare the ground for a fresh fintech, blockchain and token-powered business drive. Per Fn News, search engine Naver and its Line chat app affiliate and rival chat app giant Kakao have been building up their business ties…
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Bitcoin Price Rallies 10%, Altcoins Move Higher

After touching USD 6,600 earlier on Monday, the average price of bitcoin (BTC) rallied c. 10% in around 7 hours, jumping to USD 7,300 before going lower. Major altcoins are also correcting their losses. At pixel time (14:18 UTC), bitcoin trades at c. USD 7,199 and is up by almost 1% in the past 24…
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Default Bitcoin Addresses Are Now Longer But Simpler & Cheaper to Use

The Bitcoin Core client version 0.19.0.1, the last expected version before the anticipated Bitcoin mining reward halving in May 2020, was released this past weekend by the Bitcoin Core developers. Although it contains no major changes, it does come with several interesting speed and security improvements, as well as other modifications. One of those is…
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Formula 1-Branded Blockchain Game to Auction Digital Race Car Tokens

Blockchain game F1 Delta Time — licensed by the world-renowned racing series Formula 1 — is holding an auction of F1 car-branded non-fungible tokens on Nov. 28. Blockchain game F1 Delta Time — licensed by the world-renowned racing series Formula 1 — is holding an auction of F1 car-branded non-fungible tokens (NFTs) later this week.…
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Google Searches for Bitcoin Spike After BTC Price Hits 6-Month Lows

Bitcoin is enjoying more mainstream popularity than ever in terms of Google searches, continuing a trend that sees interest closely tied to price volatility. Bitcoin (BTC) has sparked fresh interest from mainstream consumers after its price nosedived to its lowest levels since May this week.  According to data from Google Trends, “Bitcoin” and associated terms…
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Bitfinex Hit With Second Class Action Lawsuit, Threatens Retaliation

Cryptocurrency exchange Bitfinex has lashed out at what it calls a “mercenary and baseless class action complaint” lodged in Washington State, in the United States – threatening its issue with retaliatory legal action. The company made its allegations in a statement following what the exchange calls a “copycat” lawsuit brought forward at a Washington district…
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Amount of Ether Locked in DeFi Is Growing Despite Price Slump

The number of Ether locked in decentralized finance applications reached an all-time high of 2.7 million. The number of Ether (ETH) locked in decentralized finance (DeFi) applications reached an all-time high of 2.7 million, according to DeFi monitoring resource DeFiPulse, and has been steadily growing since the end of June.  Of the 2.7 million ETH…
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Bitcoin Price Tumbles Below USD 6.7K, Major Altcoins Bleed More

After trading sideways during the weekend, the most popular cryptocurrency, bitcoin (BTC) took another hit in the early hours on Monday (UTC time), dropping below USD 6,700. At pixel time (05:23 UTC), trades at c. USD 6,682. It’s down by 7% in the past 24 hours and by 22% in the past week, increasing its…
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More Than Name Change: Fairplay Blockchain Casino Upgrades to Fairspin

Disclaimer: The text below is a sponsored article. _________ After making a name for itself as a remarkably transparent online casino leveraging blockchain technology, Fairplay decided to change the name and undergo a rebrand. At first glance, the move looks like a risky one since the casino has already built a considerable player base and…
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‘Mercenary and Baseless’ — Bitfinex Responds to New Lawsuit

Tether-affiliated crypto exchange Bitfinex is battling a new class action complaint, deemed by the firm to be both “mercenary and baseless.” Tether-affiliated crypto exchange Bitfinex is battling a new class action complaint, deemed by the firm to be both “mercenary and baseless.” In an announcement published on Nov. 24, the exchange revealed the lawsuit was…
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