Crypto-Powered Fantasy Football League to Raise $100 Million in ICO

news Google has tapped a startup token project, Chainlink, as an official Cloud Partner and the relationship suggests a deep and detailed interest in blockchain technology by the Mountain View giant. The partnership, described in a detail Google Cloud blog post, aims to place BigQuery data on the blockchain using a “Chainlink oracle smart contract.”…

Aug 14, 2020 at 16:37 UTCUpdated Aug 14, 2020 at 16:40 UTC(Nathaniel Shuman/Unsplash)Blockchain Bites: Ripple’s Rebuff, DeFi’s ‘Degens’ and China’s CBDCBoth the U.S. and China are advancing on their central bank digital currency (CBDC) designs, there’s a new smart contract language for Bitcoin and the Department of Justice (DOJ) seized millions worth of crypto from…

news Chainalysis is building a crypto-space risk data clearinghouse for financial institutions. Its new Kryptos platform will help institutions parse regulatory hazards and build risk assessment models. Kryptos “is our step towards financial institutions, so they can have the transparency they need to build risk management programs and integrate into the crypto economy,” Chainalysis co-founder…

Sep 21, 2020 at 20:16 UTCUpdated Sep 21, 2020 at 20:25 UTCYield farming has supercharged the trading of crypto collectibles on at least one platform. (Daniel Hooper/Unsplash)The Fast-Growing NFT Market Is Problematic Yet PromisingIn some circumstances, is yield farming with non-fungible tokens (NFTs) another term for wash trading? Yield farming is the process of getting…

Crypto adoption has remained steady in the U.S. and the U.K. in the past two years, the report said. Gemini said 65% of those surveyed said they held crypto for its long-term investment potential. The majority of crypto owners said they wanted to allocate 5% or more to digital assets, the survey said. Crypto adoption

news Brooklyn-based startup Kadena will launch a public blockchain this October, the company announced Monday at CoinDesk’s Consensus 2019 conference in New York. Founded in 2016, Kadena raised over $14 million last year to develop a new proof-of-work (PoW) blockchain network called Chainweb that would seek to offer users high transaction volumes without slowing down…

Custody of digital assets is evolving, whether it be the technology itself, the plethora of new tokenized investment products, or the risks of leaving assets with service providers like centralized exchanges, whether real or perceived.Colton Dillion, CEO of Hedgehog Technologies, breaks down the evolutions in digital asset custody, focusing on the shift of wealth to

This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Bitcoin extended its rally on Thursday after surpassing the $30,000 mark for the second time this year the day before. Bitcoin rose almost 5% in the past 24…

South Koreans hold a total of 131 trillion won ($99 billion) worth of virtual assets outside the country, the National Tax Service said in documents posted Wednesday.That's 70% of all reported overseas assets, the tax service said. A total of 1,432 individuals and corporations reported that they held crypto accounts overseas. The country has a