The digital asset trust and security company, BitGo, announced the acquisition of the comprehensive crypto-native financial platform Lumina. Thus, the firm will expand its business operations to provide institutional digital asset investors additional services for their holdings. BitGo Acquires Lumina Founded in 2013, BitGo is amongst the largest digital asset platforms for institutional investors. Earlier today, the firm announced in a press release its latest expansion by purchasing...
Read More »Crypto-Friendly Andrew Yang Calls For $2,000 Per Month Stimulus Package
Andrew Yang, an American politician, part of the Democratic Party and a former runner for the 2020 US Presidential Elections, voiced his concerns with the current stimulus package that the country rolled out. According to him, the amount sent to people should be higher. Andrew Yang Calls For $2,000 Per Month Stimulus A recent report revealed that the first stimulus package in the US is already underway. Supposedly, 80 million Americans are about to receive a one-time payment of up to $1,200...
Read More »Breaking: Tone Vays’s Popular Crypto Trading Channel Was Banned By YouTube
YouTube continues to restrict, and outright ban accounts, producing cryptocurrency-related content. In its latest strike, the popular video content sharing platform closed the account of one of the most popular Bitcoin analysts and vocal members of the community, Tone Vays. Crypto Analyst Tone Vays Banned on YouTube The largest video content sharing platform, YouTube, continues its clampdown on cryptocurrency-related materials. This time, one of the most popular analysts and well-known...
Read More »Opinion: We Need A Blockchain COVID-19 Tracker So We Don’t Have To Trust Google and Apple
Google and Apple are working together to create a COVID-19 tracking app. While they emphasize the technology would be opt-in only and protect users’ privacy, we’ll just have to trust them on that. But can we really trust Silicon Valley tech giants, or even the U.S. government to respect our privacy? Both marketers and the police state would likely find the information gathered by this app very lucrative. Like so much oil underneath a field in Texas, all that data would be sitting on servers...
Read More »Algorand Launches A VC Studio For Decentralized Applications, Partners With Leading Investment Companies
The popular blockchain company Algorand announced a partnership today with Eterna Capital and Borderless Capital. The three entities launched a platform for projects looking to build decentralized applications on the Algorand blockchain network called Eterna Borderless Venture Studio (EBVS). Venture Studio On Blockchain In a press release shared with CryptoPotato, Algorand announced its newest partnership. It involves the investment company focused on blockchain technology Eterna Capital and...
Read More »Adoption: $12M Wheat Shipment Deal From North American To Indonesia With Blockchain
Blockchain technology proved its worth recently in a wheat shipment deal from North America to Indonesia worth $12 million. The U.S.-based Cargill Incorporated and the Singaporean international trading company, Agrocorp, completed the trade using the dltledgers blockchain platform. $12 Million Deal On DLT Cargill Incorporated is an American privately held global corporation, whereas Agrocorp is a large International trade firm serving markets with globally sourced commodities. Both entities...
Read More »John McAfee Announces GHOST: A New Privacy Coin
John McAfee recently announced on an up-coming launch of a new privacy coin called GHOST, unveiling the project’s new Twitter account and accompanying website.McAfee states that the whitepaper and more details will be posted in one month on May 15th.The GHOST website reveals that the proof of stake privacy coin will help protect user’s privacy by making users “nothing but a ‘ghost’ when transacting online.”According to the official website, GHOST transactions will utilize a state-of-the-art...
Read More »Analysis: Smart Contract Transaction Fees 9 Times Greater Than Those For Regular ETH Transactions in March
An interesting analysis of the performance of the Ethereum network reveals some changes as to what fees are being paid. Feed pays to miners exceeded the uncle reward paid to miners in March.Fees Paid By Users Greater Than The Cost Paid By The NetworkAnkit Chiplunkar, the head of research at the popular data monitoring resource Token Analyst, has brought up some interesting findings regarding the performance of the Ethereum network.The fees paid to miners, amounting to about 26,100 ETH,...
Read More »Billionaire Mark Cuban Still Not Convinced On Bitcoin: It’s Easier To Trade Bananas Than Cryptocurrencies
Billionaire American entrepreneur and investor, Mark Cuban, said that he can more easily trade bananas as a commodity than Bitcoin. He noted that the largest cryptocurrency needs to be easier to use and comprehend from people. BTC’s time, however, could come now as world central banks are printing excessive amounts of fiat money.Cuban: Bananas Are Easier Than BitcoinThe popular cryptocurrency proponent, Anthony “Pomp” Pompliano recently interviewed Mark Cuban on his podcast. The start of the...
Read More »Leaked: Test Interface For China’s Digital Yuan Developed By The Chinese Agricultural Bank
China’s anticipated central bank digital currency (CBDC) may be closer to its launch, as per a screenshot circulating the internet. While testing should be entirely confidential, the leaked photo is hinting the test version of a mobile app developed by a large state-owned bank.An App For China’s CBDCInformation from a few weeks ago indicated that the People’s Bank of China (PBoC) had finished the development processes on its CBDC. As Cryptopotato reported, PBoC and all of the associates on...
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