[Updated on 23 September 2022] A large scale attack on the cryptocurrency trading company Wintermute has meant that an estimated $160 million has slipped into the hands of the adversary. Although it is unclear how the attacker or attackers will proceed, you can see their (very full!) wallet here. [Updated on 21 September 2022] Crypto …
The crypto industry has been gaining momentum lately. The latest equipment, and new ways of earning digital money and mining are appearing. Earlier we could produce cryptocurrency at home using a desktop computer, but now powerful equipment is created specifically for this purpose. They not only make this task easier but also speed it up …
Citi pilots blockchain bill of lading for trade finance Citi Bank has partnered with blockchain trade platform TradeLens. Using an electronic bill of lading instead of traditional paper based documentation is estimated to have reduced the transaction by ten days, as well as paperwork costs, postage and charges for storing the container at the port. …
The play-to-earn (P2E) model is the virtual economy’s future. You don’t need to look for an exchange to swap DAI to USD because you can get these coins by playing games. P2E accounts for 52% of the world’s cryptocurrency wallets and has over $3 billion in investments. P2E is a mixture of gaming, metaverse, and …
Crypto International reportedly dismissing 70 employees after Crypto AG stands accused of allowing the United States Central Intelligence Agency and German secret service backdoor access to compromised encryption devices in February. Read more at swissinfo.ch > Crypto International confirms mass job losses SBI Holdings Preparing to launch contract-for-difference (CFD) trading service via SBI FX Trade …
Bitcoin spiked to $11,600 as the United States Federal Reserve committed maintaining the inflation rate at 2% on average. After the speech, BTC/USD was lower at around $11,390, up 0.7% on the day amid heightened volatility. Galaxus completes electronic commerce payment transactions with Digital Swiss Franc (DCHF) issued by Sygnum Bank, transactions was enabled by …
China’s Communist Party has identified blockchain technology as key tool for nationwide decentralizing social services. According to the policy paper issued by the General Office of the Central Committee of the Communist Party of China and the General Office of the State Council on August 25, Beijing’s strategic vision to provide regional departments with guidance …
Empire Market, a major dark web marketplace has been offline for days and no one knows why. Rumors on Reddit could be preparing for an exit scam. We are ~36 hours into Empire Market being completely offline. Last year extended periods of downtime were common before the Endgame DDoS filter was released. After months of …
U.S. bank regulator sees potential in fintech solutions to legacy banking issues. A fintech-positive U.S. banking regulator sees a role for private companies in providing better banking services. United States Acting Comptroller of the Currency also formerly Chief Legal Officer at Coinbase, Brian Brooks, expressed his willingness to embrace fintech solutions in an interview with …
Headlines on August 21, 2020 Crypto exchange BtcTurk becomes the main sponsor of Turkey’s national soccer teams. BtcTurk joins forces with the Turkish Football Federation on the road to the UEFA European Championship 2021. Read the official announcement at Anasayfa > BtcTurk Becomes Main Sponsor of Women’s and Men’s National Teams Bitcoin will hit $340K …
The headline on 20 Aug 2020 KuCoin warns of impersonator website offering incentives to deposit crypto. Impersonation scams continue to permeate the cryptocurrency space. KuCoin clarified that no relationship with the web address “https://c.yrsm.net/app.php/MzI1” and is not authorized to use KuCoin Group trademark or other intellectual property. XRP isn’t competing with stablecoins and CBDCs, says …
The headline on 03 Aug 2020 Ethereum Activity Nears Three-Year High. The number of addresses making daily transaction on the Ethereum network continues to rise. The trend towards increased user activity was previously recorded by many researchers, according to Xangle Research, De-fi in 2Q20, Analysis on Ethereum and other ERC-20 On-Chain Data. 85% of Italian …
The headline on 31 July 2020 What does Cryptocurrency Exchange mean? A cryptocurrency exchange is any system that operates on the basis of trading cryptocurrencies with other assets. Like a traditional financial exchange, the cryptocurrency exchange’s core operation is to allow for the buying and selling of these digital assets, as well as others. A …
The headline on 18 July 2020 What does Block Size mean? Block size in bitcoin refers to the size of a block of code representing a recent chain of bitcoin transactions. At a given point, a bitcoin block is added to other blocks to form a continuous chain, which facilitates the authentication of bitcoin transactions. …
The headline on 04 May 2020 WhaleShark has announced the launch of a new social currency known as $Whale backed by art and digital land in the form of non fungible tokens (NFTs) stored on the blockchain with a maximum supply of 10 million tokens of which 50% will be available to the public. Source: …
