Changpeng Zhao rejects claims that Bitcoin crashed because of the coronavirus, and debate rages on how closely BTC is correlated to the U.S. stock market. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions […]
Continue ReadingThe co-founder of Bitcipher Labs has been arrested for stealing $480,000 in BTC from the exchange weeks after quitting. A woman was arrested in Bengaluru, India on March 17 for allegedly stealing 63.5 Bitcoins (BTC) from Bitcipher Labs — a cryptocurrency exchange that she had previously co-founded. The thefts took place on January 11 and […]
Continue ReadingCryptocurrency custodian BitGo now offers insurance for the assets it holds in excess of its $100 million coverage limit. Cryptocurrency custodian BitGo now offers insurance for the assets it holds in excess of its $100 million coverage limit. According to an announcement on March 18, BitGo is the first crypto asset custodian to allow its […]
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Two Canadian nationals will spend 24 months in a U.S. federal prison for stealing 23.2 Bitcoins in a scam executed on Twitter. Two Canadian nationals have been sentenced to two years in a United States federal prison for stealing 23.2 Bitcoin (BTC) through a scam on Twitter in 2017. According to the U.S. Department of […]
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Russia’s relationship with blockchain and cryptocurrency wasn’t clear, but the country is making steps toward digital economic development. The volume of cryptocurrency flows on darknet markets — which are involved in illegal drug and arms trafficking, remittance and transfer of illicit funds — have doubled for the first time in four years, a new report […]
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Insurance protection for online crypto wallets is finally on the market, but at what cost? Insurance underwriters associated with Lloyd’s of London are now backing a new liability policy designed to protect cryptocurrency stored in online wallets. With a modest minimum of 1,000 British pounds ($1,275) in protected assets and rather flexible terms, the product […]
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The Iota network has been down for almost a month following a $2 million theft from the platform’s Trinity Wallets. After almost a month following a massive hack, the Iota Foundation has brought their network back online. The Iota network was relaunched on Tuesday following the Feb. 12 attack on the platform’s Trinity Wallet software. […]
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A study by a trust-gauging company claims that cryptocurrency-related scams are the second-riskiest in Canada and the U.S. A report published by the Better Business Bureau (BBB) says that cryptocurrency-related scams are continually growing, becoming the second most risky of 2019 among North Americans. According to research from trust-gauging organization published on March 2nd, scams […]
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A new study forecasts that the growing global blockchain IoT market will approach $6 billion by 2026. A study by a market research firm Research Dive ensures that the global blockchain IoT market size could reach $5,802.7 million in 2026, in addition to the compound annual growth rate (CAGR) being around 91.5% projected for that […]
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In what seems as one of the biggest crypto dramas of 2020, community seems to have the upper hand. The scandal surrounding the Steem blockchain continues to unfold. After juggernaut exchanges Binance, Huobi and Poloniex were heavily criticized by community members for allegedly mobilizing customer deposits to take over the network, two of those firms […]
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