Adoraboos is free and that’s the best thing about it

Working for Cointelegraph, we are regularly contacted by PR agents giving us advance notice of their clients’ forthcoming announcements. Those which seem interesting tend to be followed up with some additional research into the subject, before a decision is made on whether to publish a story. It was following one such contact, bearing the legend, Distance Learning Gaming App Teaches Blockchain for All Ages, that I found myself in the unlikely position of downloading an app called Adoraboos onto my phone. The game comes from an “award-winning game studio”, and…

This Single Chart Suggests XRP May Rally Up Towards $0.50

XRP has been moving in close tandem with Bitcoin and the aggregated crypto market throughout the past few days and weeks, with the crypto largely consolidating within the mid-$0.20 region as it continued finding support in the lower-$0.20 region and resistance around $0.30. This price action has done little to offer insight into the cryptocurrency’s near-term outlook, and it does appear that where it trends next will depend largely on where Bitcoin and other major altcoins trend in the near-term. Despite the weakness seen in recent weeks, it is important…

SushiSwap has officially migrated away from Uniswap after a week of ups and downs

SushiSwap, one of the latest decentralized finance, or DeFi, projects to overtake the Blockchain space, has turned a major page in its short life span. As of September 9, the protocol has officially completed a migration over to its own decentralized exchange platform.  “Done,” SushiSwap head Sam Bankman-Fried said in a tweet at 3:10 p.m. EST, concluding a thread about the project’s migration.  Several hours prior to the transition’s completion, Bankman-Fried laid out plans for the migration on Twitter, subsequently posting updates throughout the day, which included testing and specified individual…

Ethereum Foundation announces $3.8M in new grants

The Ethereum Foundation has announced that over $3.8 million in grants will be awarded to teams working on the Ethereum blockchain. In a Sept. 8 post published on the Ethereum Blog, the Ethereum Foundation, or EF, announced that it has given grants to teams as part of its ecosystem support program during Q2 2020. The categories included teams focusing on community and education, cryptography and zero-knowledge proof, or ZKP, developer experience, Ethereum 2.0, and Layer 2. The $3,884,000 funds will go to 28 companies and researchers, including blockchain advisory firm…

‘My heart is crypto’ — Dave Portnoy says he’s back into Bitcoin trading

Dave Portnoy, the founder of Barstool Sports, is coming back to Bitcoin (BTC) after abruptly abandoning trading digital currencies when his Chainlink (LINK) investment went belly up. In a recent video, Portnoy said his “heart is crypto” and would make a return to the cryptocurrency market soon. The internet personality, who became a popular day trader after the coronavirus pandemic, entered the Bitcoin market on Aug. 14 after meeting with avid billionaire Bitcoin investors Cameron and Tyler Winklevoss. After receiving a quick refresher on what crypto is and how to…

Developers propose a solution against ‘stealth mining’ to Ethereum Classic community

Earlier today, Dexaran presented its solution to the Ethereum Classic (ETC) community aimed at preventing future 51% attacks. The presentation came a week after Cardano’s IOHK introduced its checkpointing proposal. Dexaran notably used IOHK’s Crowdcast channel for its competing solution. This new proposal is founded on the assumption that many 51% attacks involve so-called “stealth mining”, where an attacker, in isolation, would secretly mine a longer fork of the chain. This technique was used in a recent attack on the ETC, which cost OKEx $5.6 million. The proposal hinges on the…

Blockchain’s demographics seem to be shifting in surprising ways, says new report

People in their 20s and 30s now appear to make up the majority of crypto traders worldwide. This represents a shift away from previous numbers, which indicated not so long ago that people in their 30s and 40s made up Blockchain’s main demographic. According to a Sept. 7 report from BitFlyer, the biggest crypto exchange in Japan by trading volume, the ratio of its users in their 20s doubled in the EU, Japan, and the United States compared to data from 2018. In the U.S., BitFlyer traders in their 20s…

Chainlink May Be Coiling Up for a Push to $16 as Buyers Defend Key Support

Chainlink bulls have been ardently defending against a decline beneath $11.00 throughout the past day, signaling that this level has been flipped into support. This is an incredibly positive technical development, as it indicates that the asset may soon be able to post significantly further gains in the near-term, using this support as a launchpad. The strength seen by both Bitcoin and the rest of the crypto market today is also creating a tailwind that may allow LINK to push higher and recapture some of its recent losses. It is…

Crypto markets ‘between a rock and a hard place,’ Peter Brandt says

Peter Brandt, long-time trader and CEO of proprietary trading firm Factor LLC, recently gave his thoughts on the current crypto market, describing the price action stuck between two difficult giants.  “Bitcoin and Ethereum — those really, for me, is where the game is played,” Brandt told Cointelegraph in a Sept. 9 interview when asked about his thoughts on Bitcoin for the days and months ahead. As the two largest market cap assets in the crypto space, BTC and ETH each hold a large following, with their actions indicative of market…

Owning a Bitcoin ATM is about to get a lot harder in Germany

In an effort to increase the country’s legal overwatch, Germany now says Bitcoin (BTC) ATMs require regulatory approval before they are allowed to operate. ATMs that offer assets such as Litecoin and Bitcoin now requires a license from Germany’s financial regulator, BaFin, a Sept. 8 statement from the entity said.  “Proprietary trading is a financial service and financial commission business is a banking business, for which prior approval from BaFin is required.” This does not appear so much as a new ruling as it does a clarification of current legal…