Crypto News Roundup for Oct. 22, 2021

When it comes to trading in the crypto space there are three common mistakes new traders make: going against the trend, trading in consolidation periods and forgetting to reduce their risk. This is especially true when it comes to trading highly volatile coins with a low market capitalization and it pays to remember that when bitcoin's…

Zora, the popular platform used by creators and brands to mint non-fungible tokens (NFTs), has launched its own layer 2 blockchain network to support creatives and minimize costs.The Zora Network is secured by Ethereum and built on Optimism’s tech stack. According to a press release, the new network will make minting on its platform "faster,…

(Ian Suarez/CoinDesk)Ljubljana is a study in contrasts when it comes to factors that measure grassroots crypto enthusiasm and activity. Its opportunities score, based on the rate of per-capita crypto jobs, companies and events, is outstanding, but its crypto adoption score, in the drivers category, was second-lowest of the entire 25-hub sample. The poor performance could…

New EU data rules won’t make smart contacts illegal, the European Commission has said, brushing off industry concerns about killing off blockchain innovation.The industry fears that the Data Act, an EU bill now being deliberated, imposes unworkable requirements that smart contracts should withstand manipulation, safely reset, and control access – but officials say there’s nothing…

news Coinbase has added support for the EOS cryptocurrency for its retail customers. The exchange announced in a blog post on May 30 that the option would be available on Coinbase.com and its Android and iOS apps, allowing users to buy, sell, convert, send, receive or just store EOS. The token was added to its Pro…

Cryptocurrency insurer Evertas is now insured to cover policies of up to $420 million from its previous limit of just $5 million, Reuters reported on Friday.London-based Arch Insurance International, a syndicate member of Lloyd's of London, has authorized Evertas to increase its coverage limit for a single policy for crypto custodians and exchanges to $420…

Oct 15, 2020 at 16:34 UTCBlockchain Bites: Filecoin’s Mainnet, M&A’s Upswing, Tarbert’s Environmental ConcernsCrypto M&A is up, CoinList set a record mint of wrapped bitcoin and the CFTC Chairman is “impressed” with Ethereum. Not to mention, Filecoin has pivoted to mainnet.Top shelfFilecoin fliesThe Filecoin network mainneted at 14:44 UTC, beginning its FIL token distribution. Filecoin is a system…

Jul 21, 2020 at 21:19 UTCGrayscale Managing Director Michael Sonnenshein. (CoinDesk archives)Grayscale Investments has announced that its digital asset funds Bitcoin Cash Trust and Litecoin Trust have cleared a regulatory hurdle in their march to begin being quoted on over-the-counter markets. The U.S. Financial Industry Regulatory Authority (FINRA) on Monday verified that the trusts’ broker-dealer…

Apr 16, 2020 at 17:47 UTCUpdated Apr 16, 2020 at 17:48 UTCEnhancing the privacy of merchant and other bitcoin transactions is BTCPay's goal for PayJoin. (Image via Shutterstock)BTCPay Looks to Anonymize Bitcoin Transactions With PayJoin IntegrationBTCPay, a popular open source tool for accepting bitcoin payments, is turning to PayJoin for preserving the privacy of those…