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29 September 2020

Blockchain Bites: Ripple's Case, SushiSwap's Migration, Ether's Bears - CoinDesk

Blockchain Bites: Ripple's Case, SushiSwap's Migration, Ether's Bears - CoinDesk


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Ripple scams Ripple has contested YouTube’s claims that it knew nothing about the XRP “giveaway” scams, in an attempt to keep its ongoing court case against the platform on the docket?

Crypto firms and investors may avoid the brunt of the trade war between China and the U.S. In recent months sanctions employed by both countries have interrupted the flow of capital between the nations’ tech industries – affecting non-crypto startups.

Announced Thursday, the grant will help build Swisscom Blockchain’s Kubernetes Operator for Polkadot, a way of protecting participants involved in proof-of-stake processes on Polkadot and the Kusama testnet against losing their staked tokens if the network is attacked or compromised. .

CBDC playground Payments giant Mastercard has released a platform that allows central banks to test how proposed central bank digital currencies (CBDCs) would work in real life.

Mastercard announced Wednesday it had launched a virtual testing environment that can simulate issuance, distribution and exchange of CBDCs between banks and financial service providers, as well as end-consumers purchasing everyday goods and services.

Raj Dhamodharan, Mastercard’s executive VP, told Forbes his firm is already working with some central banks and that other entities, such as banks or tech firms, are being invited to use the platform.

“The message between the lines is likely that traders want a hedge [via put options] against the activity in DeFi, which has been the primary driver of ether prices,” Vishal Shah, an options trader and founder of Polychain Capital-backed derivatives exchange Alpha5, told CoinDesk.

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