Millions of dollars in ETH stolen from Upbit in 2019 continues to move on unknown wallets, OKEx, and a little-known exchange. Crypto funds associated with Upbit’s $50 million hack in November 2019 have continued to move. Soon after hitting the world’s biggest crypto exchange, Binance, large sums of the stolen funds continued to be transferred […]
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U.K.-based fintech Qadre believes that blockchain technology can unlock billions in lost equity for small and medium sized enterprises. In an exclusive interview with Cointelegraph, Nick Williamson, the chief executive of U.K.-based fintech firm Qadre, argued that blockchain technology can unlock access to capital for small and medium sized enterprises, or SMEs. “With interest rates […]
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Analysts believe that Bitcoin’s post-halving stability may help spur crypto adoption across the globe. Following Bitcoin’s (BTC) recent much-hyped halving event, many in the industry had anticipated a drop in value, especially after BTC slid to as low as $8,100 on May 10. However, following this aforementioned uncertainty, the flagship crypto asset proceeded to gain […]
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The coronavirus pandemic forces humanity to shift to digital services, and blockchain could provide the required trust and security. Milton Friedman called it the tyranny of the status quo. It is a resistance to change that imprisons us in the moment and blinds us to potential. Yet, despite it all, innovation proves inevitable and change […]
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The People’s Bank of China proposed a blockchain trade financing information platform for the Guangdong-Hong Kong-Macao Greater Bay Area. A number of governing entities in China recently came together to issue an official document, proposing the development of a blockchain-based trade finance platform. Contributors included the People’s Bank of China, the China Banking Regulatory Commission, […]
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Institutions continue to show interest in Bitcoin and digital assets amid the third Bitcoin halving, data shows. Having recently gone through the third halving, one of the most important events in the ecosystem, Bitcoin (BTC) continues to establish itself as a new asset class and a worthy contender to gold as a new store of […]
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Peter Van Valkenburgh speaks on the value of decentralization and how it plays into Coin Center’s mission in U.S. policy. Formed in 2014, Coin Center was the first non-profit to focus on defending the independence of decentralized blockchain networks and cryptocurrencies in front of regulators in the United States. Peter Van Valkenburgh was one of […]
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The Proof of Stake Alliance has engaged in dialogues with U.S. regulators regarding industry-driven standards for PoS protocols. The Proof of Stake Alliance revealed that it is taking critical steps toward improving the regulatory space around the Staking-as-a-Service (STaaS) market, including dialogues with the U.S. Securities and Exchange Commission. According to the announcement, the POSA met […]
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Crypto.com has secured what it claims is the largest insurance coverage in the industry, following a surge in new users and volumes over recent months. Crypto.com has secured a $100 million direct insurance policy provided by Arch Underwriting at Lloyd’s Syndicate 2012. Per a May 11 announcement, the new policy brings Crypto.com’s total coverage to […]
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The latest words from Jerome Powell suggest that there is little need to address monetary policy to avoid another market crash. The worst recession since World War Two and its fallout was not the fault of the fiat money system, according to the chairman of the United States Federal Reserve. In a televised address on […]
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