Basel Committee finalizes crypto exposure rules for banks
The committee is unveiling the standards later in July, culminating a yearslong process.
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New Partnership Allows TrueUSD Traders to Audit The Coin’s Backing Assets
A new partnership between stablecoin TrueUSD (TUSD) and accounting firm Armanino purportedly allows traders to conduct instant audits of the token’s backing. The news was announced by TrueUSD in a blog post on Mar. 5.The dashboard developed by Armanino purportedly enables traders to monitor TrueUSD token balances and collateralized funds. “Armanino connects directly to third-party…
BODEN memecoins briefly spike after Hunter Biden guilty verdit
Misspelled memecoins referencing the U.S. first family surged after President Biden’s son was convicted of lying about being a drug user when buying a revolver.
Pomp’s Morgan Creek Raises $61M for Blockchain Fund, Targets $250M
Morgan Creek Digital has raised over $61 million for a blockchain fund to explore opportunities using distributed ledgers.On Oct. 18, the cryptocurrency asset management firm Morgan Creek submitted a filing for its second blockchain fund to the United States Securities and Exchange Commission (SEC) and has so far raised nearly $61 million from 11 investors.The…
Bitcoin, gold on track to break out as ‘macro summer’ begins — Analyst
The beginning of the “macro summer” rally could help Bitcoin price reach a new all-time high and rally well into 2025, according to Raoul Pal.
Study: Smart Contracts Limit Data Availability, But Improve Its Quality
The latest analysis by research firm Gartner has painted a mixed picture of the benefits that blockchain-based smart contracts can offer enterprises.While the study, published Jan. 30, concluded that smart contracts would be overall net positive for business, Gartner warned that the terms and conditions set for smart contracts could limit the availability of data…
Gold Bug Peter Schiff: ‘Is the Twitter Hack a Harbinger for Bitcoin?’
Pavel Luptak — co-founder of Czech cryptocurrency community hub Parallel Polis — says Schiff’s suggestion has no foundations in reality. Gold bug and notorious cryptocurrency critic Peter Schiff wonders whether the recent hack of verified profiles on Twitter is “a harbinger of Bitcoin itself being hacked.”In a July 16 tweet, Schiff mentioned yesterday’s mass hack…
Crypto security experts raking $430K salaries amid 2022’s hacking spike
The demand for blockchain security experts comes amid a rise in crypto hackings in 2022. 108 Total views 3 Total shares The rise of crypto hacks over 2022 has skyrocketed demand for blockchain security experts, with some auditors making upwards of $430,000 per year.Speaking with Cointelegraph, blockchain recruitment firm CryptoRecruit founder Neil Dundon said that…
Over 2 million adults in UK now hold crypto, FCA survey finds
Crypto awareness in the U.K. has risen, but understanding has fallen, the FCA said following a new survey. 531 Total views 10 Total shares A new study by the United Kingdom’s Financial Conduct Authority has indicated a significant increase in cryptocurrency ownership in the country.On Thursday, the FCA published the results of a consumer survey which found…