Blockchain-based adult entertainment platform SpankChain lost $38,000 in ETH in a hack of its payment channel smart contract. Ethereum-based adult entertainment platform SpankChain has suffered a smart contract security breach that led to loss of around $38,000, the firm reported on its Medium page Oct. 9. The hack, which purportedly took place Oct. 6, was […]
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Crypto markets continue trading sideways, with 16 out of top 20 coins by market cap slightly down after yesterday’s growth. Tuesday, Oct. 9: Crypto markets keep trading sideways, with almost all top 20 coins by market cap in the red after seeing some growth yesterday. Market visualization from Coin360 Bitcoin (BTC) is slightly down around […]
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Amid calls to restructure or shutter the U.K.’s Financial Reporting Council, the world’s largest asset manager, BlackRock, is throwing its weight behind the watchdog. Reports in the Financial Times on Tuesday (October 9) said BlackRock wants more authority handed to the FRC, garnering dramatic reactions from FRC opponents. Former chairman of the European Parliament Economic […]
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The most popular cryptocurrency exchange in the world, Binance, sent out a blog post this morning saying they are delisting 4 coins. (BCN, CHAT, TRIG, ICN) I decided to do some digging myself into the potential reasons for these delistings. Each of the 4 projects became delisted for a different reason, and Binance didn’t explicitly […]
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Canadian crypto exchange QuadrigaCX blames a major bank for delays in cashing out funds. Canada’s largest digital currency exchange QuadrigaCX is blaming legal action from a major bank for delays when customers cash out funds, the Globe and Mail reported Oct. 8. Vancouver-based crypto exchange QuadrigaCX was launched in 2013 and is known as the […]
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At the request of the Foreign Minister of Vanuatu, Maltese regulators will offer their expertise to the Pacific island nation in forming their own blockchain regulatory framework. The state authorities of Malta will assist the government of the Pacific island nation of Vanuatu in forming blockchain regulations, the Vanuatu Daily Post reported Monday, Oct. 8. […]
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Swiss-based asset management firm Tiberius Group AG has delayed the issue of its metals-backed token Tiberius Coin due to high fees from credit card companies. Switzerland-based commodities assets manager Tiberius Group AG has delayed the sale of its metals-backed cryptocurrency, Tiberius Coin, due to high fees from credit card companies, Bloomberg reported Oct. 9. The […]
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New analysis by Juniper Research shows a significant drop in crypto trading values, stating that crypto markets are “on the brink of an implosion.” A recent study from Juniper Research states that the cryptocurrency market could “implode” and that transaction volumes are decreasing, Bloomberg reported Oct. 9. In a report dubbed “The Future of Cryptocurrency: […]
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Roger Ver revealed Bitcoin.com’s plans to buy or set up its own crypto exchange, operating Bitcoin Cash as its base coin. Bitcoin (BTC) and Bitcoin Cash (BCH) services firm Bitcoin.com is planning to buy or set up its own crypto exchange, the company’s CEO Roger Ver revealed in an interview with Bloomberg Oct. 9. According […]
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WhatsApp, Facebook’s messaging app that is trying to make inroads in the digital payments market in India, has created a system to store payment data locally in India. Reuters, citing a statement from WhatsApp, reported the company confirmed it built the system in response to India’s payment data guidelines. India has required companies to store […]
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