NYAG Accusations ‘Filled With Inaccuracies,’ Says Bitfinex Letter to Users

Bitfinex claims that the recent allegations made about the exchange’s insolvency by the New York Attorney General are “filled with inaccuracies and false assertions.” Cryptocurrency exchange Bitfinex stated that the recent allegations by the New York Attorney General (NYAG) about the exchange’s insolvency are “filled with inaccuracies and false assertions.” The exchange made the claim […]

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Samsung Joins Corporate Giants Reportedly Eyeing Bespoke Crypto

South Korean electronics giant Samsung might become the next multinational conglomerate to issue its own cryptocurrency token. Samsung is another big-name company to consider issuing its own cryptocurrency. Similar stories have already emanated from the likes of Facebook and JPMorgan Chase, with analysts speculating on various use cases for these cryptocurrency tokens. While not yet […]

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Two Bitfinex Shareholders Say They’re Unconcerned by Insolvency Allegations

Two shareholders of major cryptocurrency exchange Bitfinex said that they are not distressed by the allegations made about the exchange’s insolvency. Two shareholders of major cryptocurrency exchange Bitfinex said that they are not distressed by the allegations made about the exchange’s insolvency by the New York Attorney General. The news was reported by cryptocurrency news […]

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Consumer-Targeted Cryptojacking Is ‘Essentially Extinct’: Research

Illicit “cryptomining against consumers is essentially extinct,” declares a report released by cybersecurity company MalwareBytes. Illicit crypto mining — or cryptojacking — against consumers “is essentially extinct,” declares a report released by cybersecurity company MalwareBytes on April 23. Per the report, after in-browser mining service CoinHive shut down in early March — when the team […]

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Report: E*Trade Prepares to Offer Crypto Trading

E*Trade is reportedly ramping up to offer cryptocurrency trading services on its online trading platform. Online trading firm E*Trade Financial Group is preparing to offer cryptocurrency trading on its platform, sources familiar with the matter told Bloomberg on April 26. E*Trade will reportedly begin by offering bitcoin (BTC) and ether (ETH) after which it will […]

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Chinese Government Supports Development of ‘Blockchain City’ in Malaysia

The Chinese government is purportedly supporting the construction of a “blockchain city” in the Malaysian Malacca Strait. The Chinese government is purportedly supporting the construction of a “blockchain  city” in the critical shipping lane of the Malaysian Malacca Strait. The development was announced in a press release shared with Cointelegraph on April 26. Construction and […]

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Crypto Wallet Startup Ledger Detects Phishing Malware Targeting Desktop App

Hardware crypto wallet manufacturer Ledger has detected malware targeting its desktop app. Hardware cryptocurrency wallet manufacturer Ledger has detected malware targeting its desktop application, according to a tweet on April 25. Ledger warned its users that the malware locally replaces the Ledger Live desktop app with a malicious one, and advised to follow security practices […]

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DAI Has Been Struggling to Maintain Its $1 Peg, but the MakerDAO Community Believes It Will Soon Be Crypto’s ‘Default’ Stablecoin

Supply, demand and the April bull market: Why MakerDAO’s DAI hasn’t been all that stable. Stability has become a holy grail for the crypto market, and right now, one of the biggest stablecoins is MakerDAO‘s DAI. Launched in December 2017 as an ERC-20 token, it’s pegged 1:1 with the United States dollar, with its peg […]

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