May 2021 | Page 63 of 125 | Last Cryptocurrency News Feed

Colonial Pipeline Pays 75 Bitcoin Ransom To Hackers

Major U.S. oil pipeline system Colonial Pipeline paid a requested 75 bitcoin ransom to hackers who took control of its data last week.Colonial Pipeline has paid 75 BTC (around $5 million at the time of writing) to recover data stolen in a ransomware attack committed by hacker group DarkSide, reported Bloomberg.Colonial is the largest pipeline…

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As Bitcoin price staggers, ‘whale’ wallets may be becoming an endangered species

The number of whale wallets is down 16% since February. 2523 Total views 12 Total shares As Bitcoin looks to recover from a stomach-churning dip on the back of a strong bid this morning, on-chain data indicates that high net worth ‘whale’ wallets may not be part of the effort. Bitcoin — along with most crypto…

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Crypto currently is comparable to the early days of cell phones, Coinbase President says

Crypto needs to be more user-friendly, according to Emilie Choi. 3131 Total views 23 Total shares In terms of adoption, products and services, the crypto industry has come a long way since Bitcoin’s launch in 2009. Emilie Choi, Coinbase’s president and chief operating officer, however, still said crypto usage needs to be easier. “It’s about, you…

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AllianceBlock Announces Decentralized Capital Market on Edgeware with Defi-NFT Approach

[PR – Utrecht, The Netherlands, May 14, 2021] AllianceBlock has announced it will launch a decentralized capital market on the Edgeware smart contract platform. The protocol brings unprecedented tooling to the Substrate-based Wasm contract palette, including NFT contract standards, Defi and DAO primitives to their peer-to-peer market, further empowering collectives and individuals to lend and…

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Capture the industry? Token IPOs aim for $200T global capital market

Earlier in May, INX Limited — a Gibraltar-based blockchain trading platform — announced the completion of its INX token sale event, which took place via an initial public offering. The event marked the first time that the United States Securities and Exchange Commission approved a crypto-asset IPO.The SEC has been consistent in its characterization of…

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Shiba Inu (SHIB) Mania, Dogecoin, Tesla’s Bitcoin Halt and Crypto Market Volatility: The Weekly Recap

To say that last week was eventful would be an understatement. The entire market went through extreme volatility. Many altcoins charted new all-time highs and went through serious declines as well. Let’s start with Bitcoin. The cryptocurrency is currently down about 10% on the weekly – last Friday, it was trading at around $57K. Unfortunately,…

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Bitcoin, Hierarchy And Territory

The first chapter of Jordan Peterson’s “12 Rules For Life” relates to Bitcoin socially, evolutionarily, economically and psychologically.12 Rules For Life Series, Essay OneThis article was previously published on Medium. ForewordI’ve been an avid reader and student of philosophy, psychology and other related topics since my early teens.My uncle first influenced and introduced me to…

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Cuba to Fight Financial Disturbance by Potentially Adopting Crypto

The government officials of Cuba examine crypto adoption as an instrument to overcome financial turbulence in the country. This comes a few weeks after the Cuban authorities started discussing the implementation of digital assets in the economy. Crypto vs. Monetary Turmoil The economic situation on the island of Cuba suffered heavy setbacks due to the…

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Crypto PR: The good, the bad and the shoddy

Like most crypto journalists, Will Foxley has a horror story about a bad encounter he had with a dodgy PR person. The former tech reporter at CoinDesk recalls being embarrassed in his first few days on the job after he relied on bad information fed to him in an announcement.“I got burned by a bad…

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I spy with my laser eye: A Twitter phenomenon to make Bitcoin mainstream?

Beams of light flashing out of a person’s eyes are not an uncommon sight in the world of comic books and superhero movies. In recent months, however, these so-called “laser eyes” have been making the news, not because of a movie or web series, but because of Bitcoin (BTC). To be more specific, an increasing number…