Tezos Staking Thriving Despite Exorbitant Service Fees

Staking on Tezos is thriving. However, fees as high as 30% are not uncommon among staking providers. Here’s how to walk away with more bread. Much of the growth in staking is largely thanks to centralized services like Coinbase. Tezos staking on centralized exchanges has grown significantly over the past month, increasing 27% since January. Coinbase holds more than 8% of the network stake through a balance of 58 million XTZ, making it the largest staking provider for Tezos—despite 25% fees. Tezos Staking at All-Time Highs While not a new…

This PS5 Design ‘Leak’ Is Hilariously Fake – But Boy, Is It Exotic

A new leak supposedly offers a look at a PlayStation 5 design document. The document suggests the PlayStation 5 will be spherical. It’s unquestionably fake, but it’s by far the most exotic design we’ve seen to date. The rumor mill marked today, March 3, as the day on which Sony would finally unveil the PlayStation 5 (PS5) in all its glory. As we edge ever closer to the end of the day, that grand reveal seems even more unlikely, if it wasn’t already. Yet, today has produced one intriguing PlayStation…

StormX Announces Integration of StormShop For Their Mobile Users

StormX has announced the integration of StormShop for its iOS and Android users, allowing them to earn cryptocurrencies back when they shop online, as the company has announced. The platform aims to improve the eCommerce experience for consumers and merchants, who offer up to 40% cashback in five different digital assets, including BTC, ETH, LTC, DAI and STORM. StormShop is complemented with StormPlay’s mobile app, which has attracted more than 2.5 million users since its launch in January 2014. StormX’s CEO and co-founder, Simon Yu, gave his input on the…

China Implements Blockchain Invoicing in Beijing for More Transparent Governance

The tax bureau of Beijing has officially announced that it will start implementing blockchain invoicing within the city on March 2. Beijing hopes blockchain invoicing can bring more transparency to taxpayers Beijing aims to bring blockchain’s unique transparency, traceability and immutability to its future governance with the usage of blockchain invoicing. The official announcement said that: “To reduce taxpayers operating costs, save social resources, increase consumer convenience for saving invoices and build a healthy and fair tax environment […]The tax bureau of Beijing has decided to pilot the application of…

HIV & Ebola-Like Mutations Suggest Coronavirus Leaked From a Lab

The novel coronavirus has similarities with HIV and Ebola, according to Chinese researchers. This research builds upon earlier speculation that coronavirus may have leaked from a research laboratory in Wuhan. When does a conspiracy theory become a conspiracy reality? Covid-19 looks like a perfectly designed “Disease X.” The Wuhan coronavirus (formally known as Covid-19) is not your common cold or flu. Analysts who try to downplay the severity of this new disease are doing the world a disservice. We don’t fully understand what we are dealing with here. What we…

DDoS Attacks on OKEx and Bitfinex Were Sophisticated, Possibly Related

As the cryptocurrency industry continues to mature, security remains a major challenge. Over the last few weeks, a number of cryptocurrency exchanges — namely, OKEx, Bitfinex, Digitex and Coinhako — have experienced security breaches. Although the attackers apparently did not manage to steal any funds, one of the incidents resulted in a leak of Know Your Customer data. All of the breaches have reportedly been dealt with as of press time, and all of the affected exchanges are back online. OKEx and Bitfinex targeted in a series of DDoS attacks…

Chicago Startup Fintank Aims to Launch a Crypto Self-Regulatory Organization

Chicago-based fintech startup FinTank aims to launch a national self-regulatory organization, or SRO, in the United States. Headed up by former Chicago Board Options Exchange, or CBOE, trader David Carman and partner George Vukotich, FinTank’s SRO “will help regulate the global crypto industry,” Carman told Cointelegraph. As much of the crypto world looks toward the U.S. regulatory scene, such an SRO could impact the crypto industry worldwide. Regulation is unclear in the crypto space, even after 10 years Although regulations from the U.S. Securities and Exchange Commission, or SEC, and…

Ecuador’s Dairy Producer Joins Blockchain-Based IBM Pilot Program

The Ecuadorian dairy producer El Ordeño has announced its integration with a blockchain-based system as part of a pilot program called IBM Food Trust, as announced in a press release. According to the IBM News Room, the company wants to use blockchain to monitor its TRU dairy products, incorporating a new packaging model that includes QR codes. By scanning the label with a mobile device, consumers will be able to track the entire journey of the specific dairy product in question, from the farm to the table. Moreover, it provides additional information…

Bitcoin On-Chain Analytics at Odds With Sub-$8K Bitcoin Price Forecasts

At the start of February, the cryptocurrency market was doing fairly well with many altcoins pressing above their 2-year old descending trendlines and breaking above the 200-day moving average on astonishingly high volume surges that provided investors with double and triple-digit returns on a nearly daily basis. By Feb. 13, Bitcoin (BTC) was trading at $10,500 and bullish analysts forecasted that any day the $11,000 and $11,500 resistance levels would be obliterated, opening the door for a swift return to the $12K zone. Even as Bitcoin price rejected at $10,400…