The son of ex-Nissan chairman Carlos Ghosn, who escaped house arrest in Japan in December, paid for the extraction using Bitcoin. Carlos Ghosn — the ex-Nissan head who made a dramatic escape from house arrest in Japan in December — paid the extraction team half a billion dollars worth of crypto. According to U.S. prosecutors […]
Continue Reading
The popularity of crypto is on the rise in Africa, according to the CEO of one of the continent’s up and coming exchanges. Crypto usage and trading has made its way over to Africa, gaining prevalence all over the continent, according to Chris Maurice, CEO of Yellow Card — a crypto exchange based in Lagos, […]
Continue Reading
Traders bought $720 December call options as Ethereum price rallied 17% this week, but what’s the likelihood of ETH rallying another 160%? Since the start of the week Ether (ETH) has gained more than 17% and the gains appear to be connected to increasing stablecoin use and the rise of DeFi applications. As reported by […]
Continue Reading
A former director of the U.S. National Broadband Task Force criticizes anti-encryption bills that in his opinion hurt the nation’s economy and security. Under president Obama, Anurag Lal served as the director of the National Broadband Task Force. Currently he is the CEO of NetSfere, a company that provides secure messaging for enterprises. Lal believes […]
Continue Reading
NEO to partner with China’s Blockchain Service Network to overcome major barriers for blockchain adoption. NEO, a project dubbed the “Chinese Ethereum”, and the Blockchain-based Services Network, or BSN, are joining forces to push blockchain’s mainstream adoption forward, according to an official announcement on July 22. Overcoming major barriers High entry barriers and fragmented developer […]
Continue Reading
Bitcoin price surged 5% to $9,664 less than 24-hours after the Office of the Comptroller of the Currency announced U.S. banks can provide crypto custody services. The price of Bitcoin (BTC) is up 5% in the past 24 hours and currently trades at $9,600 after reaching a daily high at $9,664. The overnight increase in […]
Continue Reading
Anthony Pompliano, often referred to as Pomp, weighed in on a recent regulatory update, helped in part by a crypto industry player. Recent regulatory approval for banking crypto custody comes after a Coinbase alum took a prominent seat as the Acting Comptroller of the Currency for the the Office of the Comptroller of the Currency, […]
Continue Reading
Ethereum 2.0 developers formalized the date of the first community-run testnet on August 4. The Ethereum 2.0 team has formalized the launch date of the first full testnet designed to simulate mainnet conditions. Called Medalla, the new multi-client testnet is set to be the last one before mainnet launch occurs. Medalla means “medal” in Spanish, […]
Continue Reading
The World Stablecoin Association aims to unite major global stablecoin projects like Tether and USDC. Amid the massive growth of stablecoins in 2020, the cryptocurrency community is setting up an international stablecoin organization in Switzerland. Called the World Stablecoin Association, or WSA, the Geneva-headquartered organization is to be launched by cryptocurrency exchange VirgoX and blockchain […]
Continue Reading
Cybersecurity authorities in the UK warned that ransomware could threaten the sports sector. The UK National Cyber Security Centre released a report on July 23 that discloses a growing trend in ransomware attacks against the sports sector. They noted a recent example in which attackers demanded that an English Football League club, or EFL, pay […]
Continue Reading