Blockchain

Bitcoin history doesn’t repeat, but it often rhymes

June 10th, 2021

June Market Outlook We had warned in prior newsletters earlier this year of clear signs the crypto market risked overheating. Indeed, we sounded the alarm bell in April here. And there were signs of trouble brewing as early as January-February (see here). Even by crypto’s volatile standards, May was a pretty rocky month. So with bitcoin currently…

Grand Theft Auto 6 to Feature a Fictional Cryptocurrency

June 9th, 2021

One of the biggest franchises in the videogame industry, Grand Theft Auto, will feature in-game payments of “bitcoin” or another fictional cryptocurrency. Contractors will pay the player with this currency when they need to make anonymous, untraceable payments. This would constitute another push for Bitcoin awareness into mainstream media culture. Grand Theft Auto 6 to…

Kenyan Banks Warn Clients Against Crypto Trading

June 8th, 2021

A few Kenyan banks have started sending out warning alerts to clients engaged in cryptocurrency trading to be wary of the associated risks. These warnings have reportedly been sent to clients who have “used their credit and debit cards to buy cryptocurrencies on crypto exchanges.” Crypto Trading Risks According to a local report, one of…

Government Cannot Stand in the Way of Crypto Technologies, Iran Minister Says

June 7th, 2021

New technologies, including blockchain and cryptocurrency mining, have helped Iran to increase budget receipts and withstand foreign sanctions, according to the country’s minister for economy and finance. The high-ranking official believes the government can’t interfere with their development for too long. Government Official Cautions Against Impending Crypto Development Over the past few years, Tehran has…

International Olympics Committee Dabbles Into Sports NFT Looking At Strong Demand

June 4th, 2021

The International Olympic Committee (IOC) is looking ahead to launch its own Sports NFTs thereby capitalizing on the massive growth of the non-fungible tokens (NFTs) market. As per the latest report from Bloomberg, the IOC is willing to sell “digital versions of collectible and tradeable Olympic pins” of famous mascots and posters. Besides, it is…

Binance Smart Chain Faces yet Another Flash Loan Attack: Belt Finance Loses $6.3 Million

May 31st, 2021

Belt Finance, a Binance Smart Chain-based decentralized lending protocol, lost $6.3 million in a flash loan attack last week. The attackers took advantage of a series of inefficiencies in the smart contract to manipulate the price of the set and obtain profit from a series of transactions. This is just the last of a series…

Welcoming Lindsey Haswell as Blockchain_com’s new Chief Legal and Administrative Officer

May 18th, 2021

Today I’m pleased to welcome Lindsey Haswell to Blockchain.com. Lindsey joins us as both our Chief Legal Officer and Chief Administrative Officer and will lead our legal, compliance, and HR teams. Lindsey has extensive consumer-facing tech startup experience and has scaled a variety of teams at the likes of Uber, Lime, and her own startup. Lindsey’s…

May the fourth be with you

May 4th, 2021

Happy Star Wars Day 🌒 If you think about it, the internet is kind of like the Outer Rim. The currencies have similarities. FIAT currencies in the real world are like Republic Credits while crypto currencies, quickly becoming the currency of the internet, are like the Outer Rim currencies. In The Phantom Menace, Watto tells Qui-Gon…

Chain of Events April 2021

May 1st, 2021

April 2021 Newsletter With a new round of bitcoin all-time highs and groundbreaking industry news, it’s safe to say that April proved to be another eventful month. ICYMI: New assets available + New Names Earlier this month, we were pleased to announce the addition of Polkadot (DOT), Aave, and Yearn.Finance to the Wallet and Exchange. Nearly two…

Welcoming Baillie Gifford

April 20th, 2021

Last month, we announced that we raised $300M in Series C funding led by DST Global partners, Lightspeed Ventures, and VY Capital. Today we’re excited to publicly share that Baillie Gifford not only participated in that round but invested $100M — the largest single investment in Blockchain.com to date. For those who aren’t familiar, Baillie Gifford is a…