The Co-founder of the second-largest cryptocurrency in the industry, Ethereum, is set to cut ties permanently with crypto. According to the latest news, Anthony Di Lorio plans to sell his newest venture, “Decentral,” and face philanthropic initiatives by 2022. According to what Di Lorio revealed, his plans stem partly from fears about his security. Related…
The U.S. Department of State has put out an offer for a bounty in crypto up to the tune of $10 million in exchange for actionable information on cyberattacks that are carried out by foreign governments. This will be the first time that the U.S. government has embraced the use of cryptocurrencies to pay for…
Woori Bank, the South Korean financial institution, enters the DACS (cryptocurrency custody services) market. The Woori Financial Group will start offering its client cryptocurrency custody services. It is among the largest South Korean financial institutions. Related Reading | Nifty’s Inc. Partners With Warner Bros To Roll Out A Social NFT Platform The banking unit of…
Poland Authorities have come up with their aggression against the most known cryptocurrency exchange Binance. The country’s watchdog for financial activities has issued a warning to the public against dealing with the cryptocurrency exchange. According to regulators, the exchange is facing lots of regulatory issues globally, and as a result, consumers should be wary of…
ChainSwap has experienced another exploit in what has turned out to be a terrifying month for the exchange. The platform which acts as a bridge for assets had succumbed to an exploit earlier this month, and now, only eight days later, ChainSwap has succumbed to another exploit. This time, the attacker made away with $8…
Sotheby’s has now set the world record for the most expensive piece of jewelry sold for crypto last Friday. The global auction house had announced the intended sale earlier in the year of the 101.38-carat rare diamond. Sotheby’s had announced that the auction would be held with crypto as the buying currency. Stating that interested…
According to a recent report, the stock exchange in the Philippines is targeting to be the forerunner of cryptocurrency trading in the country. Once the SEC and financial regulators give their go-ahead guidelines, the stock exchange plans to kick-start the plan. It seems that the Philippine Stock Exchange has been waiting for this approval and…
An ex-employee of the now-defunct crypto exchange Cryptopia has admitted in court to stealing crypto worth about $170,000. The employee pled guilty to stealing coins and customer data while he worked at Cryptopia when the company was still up and running. A name suppression by the Christchurch district court of New Zealand keeps the employee…
After a week of trending upwards, Litecoin could finally be poised to rally above the $160 target. The coin traded at or above that number for nearly half the year. From the beginning of February until the middle of June, LTC was on a bull run until the entire market’s fall last month. But, traders…
Currently sitting at nearly 35k, Bitcoin’s price this week has been affected good and bad, by both news from China cracking down on the coin, and that El Salvador is giving each of it’s citizens $30 of BTC. But thankfully, market analysts are still exceedingly bullish on Bitcoin breaking $40K quite soon. This due to…