After suffering a massive $643 million hack in early August, decentralized finance (DeFi) protocol Poly Network just retrieved all the stolen funds from the crypto hacker. On August 10th, Poly Network suffered a large hack involving 59 different crypto assets. The hack was allegedly conducted by a pseudonymous attacker known as Mr. White Hat. Shortly …
Continue reading “Hacker Returns All Stolen Assets From $643,000,000 Crypto Heist”
The U.S. Securities and Exchange Commission (SEC) has inked a new deal with a blockchain analytics firm to help monitor and regulate the decentralized finance (DeFi) industry. The San Jose-based analytics firm AnChain.AI announced the partnership on Twitter on Friday. AnChain.AI CEO and co-founder Victor Fang tells Forbes that his firm is providing the SEC …
Continue reading “SEC Inks Deal With Blockchain Analytics Firm To Monitor DeFi Transactions”
The Cuban government, which has been actively reviewing possible ways of adopting cryptocurrency to overcome their financial struggles, has opened the door to Bitcoin (BTC) The Cuban government has announced yesterday that it will recognize cryptocurrencies and regulate their use for payments. The decentralized nature of cryptocurrencies, such as Bitcoin (BTC), could provide a viable …
Continue reading “Cuba jumps on Bitcoin (BTC) bandwagon. Considers legal recognition”
The entire cryptocurrency industry is waking up to a new reality. Politicians and regulators have decided to wade into the space, which had flown mainly under their radar until now. A House committee chair is launching a working group; the Securities and Exchange Commission is seeking new authorities to regulate digital assets as securities; and …
Continue reading “Crypto, Congress and the Commission: What’s next for the ‘Wild West’?”
The entire cryptocurrency industry is waking up to a new reality. Politicians and regulators have decided to wade into the space, which had flown mainly under their radar until now. A House committee chair is launching a working group; the Securities and Exchange Commission is seeking new authorities to regulate digital assets as securities; and …
Continue reading “Crypto, Congress and the Commission: What’s next for the ‘Wild West’?”
The highly anticipated Cardano ERC-20 convertor will soon launch on testnet. Francisco Landino, Project Manager at Input Output Global (IOG), made the announcement during the latest episode of Cardano 360. Most view the ERC-20 convertor as an essential component in outdoing Ethereum. The thinking behind the concept was always to offer application developers on Ethereum …
Continue reading “Cardano (ADA) to launch Ethereum ERC-20 convertor on testnet shortly”
Ethereum’s daily issuance rate fell below Bitcoin’s for the first time this week, according to a blockchain researcher. Lucas Outumuro, head of research at blockchain intelligence firm IntoTheBlock, says Ethereum’s (ETH) net inflation fell to an annualized rate of 1.11% compared to Bitcoin’s annualized rate of 1.75% during the middle of this week. ADVERTISEMENT …
Continue reading “Ethereum Inflation Is Falling – Here’s Why, According to Blockchain Researcher”
Over the last three or four years, blockchain adoption has expanded tremendously, and each industry is exploring different use cases for the technology. There are multiple aspects of blockchain — from business to technical and more — but with the way the industry is exploding, it’s really hard to get it right. It’s best to …
Continue reading “Blockchain technology can change the world, and not just via crypto”
Bitcoin (BTC) held $49,000 on Aug. 28 after the United States Federal Reserve sparked a run-up toward critical resistance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView All eyes on $49,300 on the weekly chart Data from Cointelegraph Markets Pro and TradingView showed BTC/USD cooling at higher levels after cracking the $49,000 mark late Friday. The end …
Continue reading “Bitcoin in line for ‘phenomenal’ weekly close if BTC price holds $49K”
Want to learn to trade crypto? With Bitcoin price near $50,000 and the crypto market taking a short pause, there is no better time to pick up new skills or brush up on existing ones. For those that chose to HODL through the recent sell-off – well done, you’ve nearly made it – there is …
Continue reading “New To Bitcoin? Learn To Trade Crypto With The NewsBTC Trading Course”
Over the last three or four years, blockchain adoption has expanded tremendously, and each industry is exploring different use cases for the technology. There are multiple aspects of blockchain — from business to technical and more — but with the way the industry is exploding, it’s really hard to get it right. It’s best to …
Continue reading “Blockchain technology can change the world, and not just via crypto”
Bitcoin (BTC) held $49,000 on Aug. 28 after the United States Federal Reserve sparked a run-up toward critical resistance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView All eyes on $49,300 on the weekly chart Data from Cointelegraph Markets Pro and TradingView showed BTC/USD cooling at higher levels after cracking the $49,000 mark late Friday. The end …
Continue reading “Bitcoin in line for ‘phenomenal’ weekly close if BTC price holds $49K”
The government of Cuba has issued a formal statement regarding how the island nation intends to regulate cryptocurrencies. In a new document issued by Gaceta Oficial, the state-run publication says that the new resolution aims to establish rules on how the Central Bank of Cuba could regulate the use of cryptocurrencies while providing a clear …
The adoption of nonfungible tokens has served as a practical entry point for users joining the crypto economy, driven primarily by their respective fandoms and the benefit-centric nature of the tokens. For instance, if you’re a Lebron James superfan, you can understand why “The Block” from the 2016 NBA finals is valuable on NBA Top …
Continue reading “Brands must tokenize their loyalty and rewards programs”
In 2018, a U.S man named Andrew Schober fell foul to a malware hack, resulting in the loss of 16.4 Bitcoin, around $800,000 at today’s price. After spending $10,000 to hire forensic specialists, Schober thinks he’s tracked down the culprits. But it turns out the alleged perpetrators are thousands of miles away, in England. The …
Continue reading “Malware victim robbed of 16 Bitcoin to sue parents of young hackers”
