EOS developer Block.one is offering backers a share repurchase price that will return as much as 6,567% on their initial investments. EOS developer Block.one is attempting a 10% buyback of its stock, offering backers a share repurchase price that will return as much as 6,567% on their initial investments. The news was reported by Bloomberg […]
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30 employees left the company on May 21, says Jeremy Allaire, amid the turnaround in the crypto markets. The CEO of Goldman Sachs-backed crypto finance startup Circle blamed a hostile regulatory climate in the United States as he confirmed layoffs of 30 staff on social media May 21. Following a blog post in which he […]
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Sean Coonce, engineering manager at cryptocurrency custodian BitGo, announced that he has fallen victim to a SIM swapping hack. Sean Coonce, engineering manager at cryptocurrency custodian BitGo, announced that he has fallen victim to a SIM swapping hack in a Medium post published on May 20. According to the post, Coonce had over $100,000 siphoned […]
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Cryptocurrency research firm Diar indicates that the market capitalization for USD stablecoins has exceeded $4 billion. Cryptocurrency research firm Diar indicates that the market capitalization for USD stablecoins has hit all-time highs and exceeded $4 billion, according to its latest weekly report published on May 21. Stablecoins tied to the greenback have broken through to […]
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The Ethereum Foundation has announced a three-section approach to allocating the $30 million it earmarked for yearlong development costs. The Ethereum Foundation has announced a three-pronged approach to allocating the $30 million it has designated for developing the Ethereum network over the next year, in an official blog post on May 21. The breakdown for […]
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The New Zealand-based blockchain collective BlockchainNZ will request that the government form a national blockchain strategy. New Zealand-based blockchain industry group BlockchainNZ announced that it will request a national blockchain strategy from the government next Thursday, according to a press release on May 21. The executive director of Blockchain NZ, Mark Pascall, will give a […]
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Mozilla’s browser Firefox Quantum has a privacy toggle that protects against cryptojacking. Firefox Quantum, the latest version of open-source internet browser Firefox, has a new privacy toggle that protects against cryptojacking, according to a blog post by Mozilla on May 21. Mozilla previously warned official blog post that websites can deploy scripts that launch a […]
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The central bank of Laos has warned the public against the use, purchase or sale of digital currencies. The central bank of Laos has warned the public against the use, purchase or sale of digital currencies, local news outlet Vientiane Times reported on May 21. The Bank of the Lao PDR has issued a warning […]
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According to Diar’s recent report, institutional traders have registered record high volumes on bitcoin derivatives exchanges. Cryptocurrency research firm Diar has indicated that institutional traders recently registered record high volumes on bitcoin (BTC) derivatives exchanges in a report published on May 21. Per the report, bitcoin derivatives trading on the Chicago Mercantile Exchange (CME) hit […]
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BlockFi has adjusted its interest rates for accounts holding ether and bitcoin. Cryptocurrency asset management company BlockFi announced a change to its interest rates in a monthly update on May 21. Accounts with bitcoin (BTC) balances over 25 BTC will receive a .15% increase in interest rate, and those with ether (ETH) balances between 25 […]
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