Binance co-founder denies responsibility for $1M trading loss in hacked account

Major United States-based stablecoin project Basis will shut down operations and return most of its funds to investors, crypto news outlet The Block reports today, Dec. 12.Citing “multiple people with direct knowledge of the situation,” the reports states that the algorithmic stablecoin project is set to return the majority of the $133 million in funding…

This week isn't looking good for Bitcoin (BTC) as the price continues to decline after reaching a high of $8,540 on Oct. 1 down to $7,870 on Oct. 6. This continued decline was anticipated in last week's analysis, with fingers pointing to China's week-long Golden Week as a possible catalyst for the reduced trading volume.  However, with…

XRP price is mirroring a 2021 bullish chart fractal that preceded a 500% rebound.

Blockchain is offering global governments a serious alternative to a strained financial system, Ripple CEO Brad Garlinghouse says. Cryptocurrency advocates have long been keen to point to the weaknesses of fiat currency. Now an uncertain world rocked by a global health crisis and geopolitical flare-ups is bringing them into dialogue with the mainstream more than…

Taking advantage of a memorable day in cryptocurrency history, BitFlyer decided to donate pizzas to folks in need. 903 Total views 36 Total shares Bitcoin Pizza Day commemorates a historic event roughly 10 years ago, when coder Laszlo Hanyecz made the first commercial purchase using Bitcoin (BTC). In celebration of this well-loved community holiday, BitFlyer…

The government transportation department in the city of Austin, Texas partnered with nonprofit Iota Foundation to develop a more interoperable transportation ecosystem. The Austin Transportation Twitter account reported on the partnership on April 25.The tweet contained a link to an event — which took place on April 29 — featuring Dominik Schiener, co-founder of the…

The International Chamber of Commerce (ICC) has partnered with a Singapore government-backed blockchain startup to reduce carbon emissions in commercial aviation. In a press release on Dec. 10, the ICC said that a partnership with Perlin and blockchain-based carbon offset exchange AirCarbon will provide $40 billion for climate projects in the aviation industry. ICC: partnership will inspire…