80-year-olds making crypto withdrawals will ‘get a call,’ says crypto exec
Independent Reserve CEO Adrian Przelozny says the exchange has a team that spends all day calling potential scam victims to question their suspicious transactions.
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Up to 5% of public companies will follow Tesla’s Bitcoin buy, says Wedbush analyst
Dan Ives, Wedbush Securities’ managing director, says companies are going to start FOMOing into Bitcoin very soon. 2359 Total views 14 Total shares Tesla’s strategic embrace of Bitcoin (BTC) will have a dramatic impact on corporate adoption of the digital asset, according to Dan Ives of Wedbush Securities. In a Monday interview with CNBC, Ives said…

Curve emergency DAO terminates rewards for hack-related pools
The Curve emergency DAO removed CRV rewards for alETH, msETH, pETH, crvCRVETH, Arbitrum Tricrypto and multiBTC pools. 132 Total views 2 Total shares The Curve Finance lending protocol has terminated governance token rewards for select liquidity pools affected by the July 30 Curve exploit and July 6 Multichain exploit, according to an Aug. 2 social…

Ethereum Co-Founder Pronounces 20th Century World Order Dead
Ethereum co-founder and founder of Cardano, Charles Hoskinson, pronounced “the economic order of the 20th century” dead in a recent YouTube livestream. By “the economic order of 20th century”, Hoskinson means a centralized hierarchical economy that was built through “a series of treaties” made by a few great powers, this economy was built for the times …

Former Binance execs say exchange is worth $300B: Report
Though the exchange’s holding company is registered in the Cayman Islands, Binance currently has no formal headquarters anywhere in the world. 1491 Total views 36 Total shares Even with no physical headquarters and seemingly few regulations affecting its business practices, Binance could reportedly be worth three times as much as Coinbase if it were to…

Denmark proposes use of blockchain in fight against corruption
Ministry of Foreign Affairs of Denmark has released a report analyzing the use of blockchain in the fight against corruption. The Ministry of Foreign Affairs of Denmark published a report explaining the use of IT technologies and services including blockchain, e-governance, big data, and crowdsourcing to fight administrative, or day-to-day, corruption as well as political…

Metaverse ETF ‘PUNK’ closing after betting against Meta’s vision
Subversive Capital cites losses as it shuts down its “PUNK” ETF and pivots to artificial intelligence. 213 Total views 12 Total shares After 15 months and an approximate 30% loss, an exchange-traded fund (ETF) opposing Meta’s perspective on the metaverse is shutting down.Subversive Capital is set to shut down and liquidate its Subversive Metaverse ETF,…

Barclays tells cardholders it’s stopping payments to Binance
The British multinational bank has informed customers it is no longer facilitating payments made to the crypto exchange, confirming reports from users over the last week. 733 Total views 4 Total shares Customers have been reporting that Barclays, a British multinational universal bank, has been blocking payments to Binance cryptocurrency exchange over the last week.…

4 Reasons Bitcoin Price Suddenly Slid Below $9K, Liquidating $55M
The price of Bitcoin (BTC) dropped below $9,000 from $9,660 within seven hours. The 7% plunge comes as $55 million worth of long futures contracts were liquidated on BitMEX.Four factors are likely behind the sudden decline in the price of the top cryptocurrency by market capitalization. Namely: stocks sliding, selling pressure from miners, an extended…