Bank of England watchdog asks firms to disclose crypto exposure

The German-speaking world continues to keep up a fast pace in regard to cryptocurrencies and blockchain implementation. Among other stories during the past week: the Cabinet of Germany and Deutsche Bundesbank are working closely on issues related to central bank digital currencies, the Swiss Federal Council expressed its official opinion on Facebook's Libra, Bitwala launched…

Japanese financial services giant SBI Holdings says the removal of bitcoin cash (BCH) from its exchange this week was not a result of the other deslistings involving bitcoin SV (BSV), Cointelegraph Japan reported April 19.SBI, which has never offered BSV trading, sparked controversy when executives moved to delist BCH, as it was BSV which had…

DeFi protocol Platypus seeks to return nearly 78% of the main pool funds by reminting frozen stablecoins. 51 Total views 2 Total shares Own this piece of history Collect this article as an NFTDecentralized finance (DeFi) protocol Platypus disclosed details of a recent $9.1 million exploit, alongside efforts to recover the funds, and a compensation…

Major crypto exchange Binance has made its first public acquisition, having bought Trust Wallet, according to an announcement July 31. Launched in 2017, U.S.-based Trust Wallet is an open source, anonymous, and decentralized wallet that supports Ethereum (ETH) and over 20,000 different Ethereum-based tokens (ERC20, ERC223, and ERC721). While the details of the deal are…

A handful of government-backed financial institutions have been exploring tokenization use cases to revolutionize traditional financial systems. For instance, El Salvador’s Bitcoin Volcanic bond project has been in the works for over a year and aims to raise $1 billion from investors with tokenized bonds to build a Bitcoin city. The Central Bank of Russia has…

OpenSea’s new CFO Brian Roberts faced a firestorm of complaints from the NFT community based on what he said was "inaccurately reported" comments. 114 Total views 3 Total shares The world’s top nonfungible token (NFT) marketplace OpenSea has denied it intends to pursue a public listing any time soon.Chief Financial Officer (CFO) Brian Roberts sparked…

A group of Compound DAO members called the "Golden Boys" won a narrow vote to manage 5 percent of the DAO treasury on members’ behalf. Here’s what we can learn.

Both parties agreed to increase awareness of the ongoing threat of ransomware attacks across the globe. 2199 Total views 35 Total shares International crime-fighting organization, Interpol, joined forces with cybersecurity firm, Kaspersky, to launch a campaign called “Anti-Ransomware Day”. The date is set on the third anniversary of the most significant ransomware attack on record,…