2 pig butcher busts: Feds recover $5M, ex-Kansas bank CEO jailed
United States prosecutors announced nearly $5 million worth of Tether (USDT) has been seized from a crypto scammer, while in Kansas, a former bank CEO is going to jail for embezzlement.
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Price analysis 8/26: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
Bitcoin and altcoins are witnessing some profit taking today, but the overall uptrend remains intact.
JPMorgan’s Quorum: A Cross-Sector Blockchain Solution for Privacy Needs
According to a claim by Harvard Business Review, blockchain will do to banks what the internet did to the media. When it comes to the banks and financial organizations of today, blockchain has the potential to solve a host of problems. Blockchain technology possesses nearly all the attractive characteristics needed by a reliable technology involving money.…
VanEck launches its first multi-token cryptocurrency fund
The ETN will contain exposure to seven different major cryptocurrencies. 1633 Total views 40 Total shares On Monday, VanEck, a financial institution with close to $82 billion in assets under management with exchange-traded funds, or ETFs, mutual funds and institutional accounts, announced the launch of its first cryptocurrency fund. The fund is listed as an…
Crypto art piece sells for $130K at Christie’s auction house
The NFT is "a symbolic expression of Satoshi’s vision, forged out of the very code that lies at the genesis of it all." 1426 Total views 24 Total shares Christie’s auction house has announced the sale of a digital portrait of the Bitcoin code for more than $130,000.It marks the first time a non-fungible token…
Bitcoin reclaims $62K, analysts say worst is ‘likely behind us’
With Germany’s “forced selling” over and Mt. Gox repayments all but priced in, analysts look to an easing macro environment as a driver for Bitcoin’s price in the coming months.
Japanese Official Calls for Urgent Development of Digital Yen to Counter China
Another Japanese lawmaker has publicly called for the swift development of the digital yen.The head of the banking and finance systems research commission at Japan's Liberal Democratic Party, Kozo Yamamoto, said today that the country should create a digital yen in two to three years.Reuters reported on Feb. 10 that Yamamoto said that plans for…
Algorand’s Venture Arm Loses up to $2M in Hot Wallet Breach: Report
Algo Capital, an investment arm of United States-based blockchain firm Algorand, has lost roughly $1–2 million in Tether (USDT) stablecoins and Algorand (ALGO) tokens after its CTO Pablo Yabo’s mobile phone was compromised.The breach allowed hackers to gain access to Yabo-managed Algo hot wallet, a source familiar with the matter told Coindesk on Oct. 5.The…
Coinbase Exploring Support for 18 New Digital Assets
Coinbase has announced the exchange is exploring support for 18 new digital assets including VeChain, Synthetix and DigiByte. 1746 Total views 21 Total shares The largest cryptocurrency exchange in the United States is considering offering support for a variety of new digital assets.According to a June 10 blog post from Coinbase, the exchange is exploring…