AI scam targets Ripple holders and memecoin trader loses it all: Crypto-Sec
An AI-generated video purports to show Chris Larsen claiming to give away XRP, and a trader 10x’d a MicroStrategy memecoin but gave it to a phishing account.
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Binance closes BTC withdrawals amid congestion on the Bitcoin network
Bitcoin mempool was clogged with over 400,000 transactions waiting to be processed on May 7. 237 Total views 2 Total shares Own this piece of history Collect this article as an NFTCrypto exchange Binance closed Bitcoin (BTC) withdrawals on May 7 due to an alleged overflow of transactions on the Bitcoin network. Bitcoin mempool was clogged…

Winklevoss Capital Partner Sterling Witzke: Dollar Is Not Designed for the Internet, but Stablecoins Are
Sterling Witzke has been working at Winklevoss Capital — a venture capital firm set up by the famous Winklevoss twins — for five years now. As a professional investor, she is very interested in financing early stage crypto and blockchain projects. She believes that stablecoins are perfectly designed for the needs of internet payments and…

Fintech Startup SoFi to Roll Out Crypto Trading Via Partnership With Coinbase
Fintech startup SoFi — known for its online lending services — is partnering with major United States-based crypto exchange Coinbase to roll out crypto trading support, according to a CNBC report Feb. 26.Sofi, which is headquartered in San Francisco, will reportedly launch its crypto services by the second quarter of 2019. Sofi CEO Anthony Noto…

Top 5 cryptocurrencies to watch this week: BTC, SOL, AVAX, ALGO, AXS
Bitcoin (BTC) continues to face strong selling as bulls attempt to flip the psychological level at $60,000 into support. Some analysts believe that Bitcoin could enter a correction as traders book profits following the successful launch of last week's Bitcoin exchange-traded funds.In the past, the launch of the Bitcoin Futures product by the Chicago Mercantile…

British Royal, US Ambassador Say Tech, Blockchain Can Help Fight Human Trafficking
Princess Eugenie of the United Kingdom and United States anti-human trafficking Ambassador John Richmond recently spoke in favor of using new technology like phone apps and blockchain to address human trafficking, Reuters reports on April 8.At a conference in Vienna, Austria hosted by the Organization for Security and Co-operation in Europe (OSCE), experts noted that…

DYdX’s Generates $1B in DeFi Loans Over One Year
DYdX’s billion-dollar milestone comes amid a challenging period for DeFi, with MakerDAO recently completing its debt auction and dForce suffering a 99.95% loss to hackers. Decentralized finance — of DeFi — lending protocol dYdX has produced more than $1 billion in loans since launching one year ago.The milestone was driven by consecutive monthly all-time highs…

SEC chair’s crypto oversight strategy in question as ecosystems collapse
Congressman Tom Emmer showed concerns about the oversight strategy implemented by Gary Gensler, the chair of the U.S. Securities and Exchange Commission for the crypto ecosystem. 214 Total views 1 Total shares While regulations are often aimed at protecting citizens from bad actors, the effectiveness of crypto regulations in the United States is in question…

CertiK says SMS is the ‘most vulnerable’ form of 2FA in use
The level of security provided by SMS pales in comparison to authenticators or physical security keys, CertiK's Jesse Leclere says in an interview. 327 Total views 36 Total shares Using SMS as a form of two-factor authentication has always been popular among crypto enthusiasts. After all, many users are already trading their cryptos or managing…