BingX confirms ‘minor’ losses amid panic over hot wallet movements
Crypto exchange BingX’s product chief Vivien Lin has confirmed there was a hack and a “minor asset loss,” which is still being calculated.
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Crypto influencers scramble to recover Twitter accounts after suspensions
Twitter suspended a number of major cryptocurrency-related accounts, including some of the industry’s biggest influencers. 3735 Total views 14 Total shares According to a March 10 tweet by Bitcoin (BTC) podcaster Peter McCormack, at least six crypto-related accounts have been recently suspended by Twitter.The listed accounts include some of the most prominent crypto figures on…
40% of Investors Say Blockchain Could Be ‘Most Transformative’ Tech Since Internet: Survey
40 percent of institutional investors believe blockchain may be the most important innovation since the internet, according to a survey by trade association the Global Blockchain Business Council (GBBC), shared with Cointelegraph Jan. 24.The opinions of 71 investors, which the GBBC quizzed about blockchain this month and last, were revealed at the ongoing World Economic…
BIS inaugurates Toronto Innovation Centre with Bank of Canada
Bank of Canada Governor Tiff Macklem said that as finance evolves, the industry must innovate and apply new skills, allowing Canadians to benefit from advancements.
Bitcoin open interest tops chart after hitting $75K ‘sweet spot’
Bitcoin Open Interest reached $45.4 billion on Nov. 6 after Donald Trump won the US presidential election and Bitcoin tapped all-new highs.
Transnational Cybercrime Group Co-Founder Who Amassed $568M Pleads Guilty
A Russian national behind the cybercriminal enterprise Infraud Organization has pleaded guilty on June 26 to racketeering conspiracy, due to his role as a co-founder and admin of the dark web-based carding portal which generated profits over $568 million.According to the announcement made by the U.S. Department of Justice, or DOJ, 33-year-old Sergey Medvedev, also…
JP Morgan executes first DeFi trade on a public blockchain: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The first week of November proved to be the institutionalization of DeFi markets as major international banks and financial institutions executed and completed their first DeFi transaction.The global financial giant…
Year of Bitcoin miners’ merge? Analysts predict key mining trends for 2023
Public Bitcoin miners will actively work to minimize costs in 2023 by going private or merging with other firms, Hash Rate Index analysts predicted. 376 Total views 23 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTAfter a shocking year for Bitcoin (BTC), public miners will focus on strengthening balance sheets and…
BTC to end 2020 in style: 3 key factors predict Bitcoin price surge
The price of Bitcoin (BTC) has increased by nearly 30% since late June, from $8,905 to just under $11,500 as of press time. Following the strong rally of the dominant cryptocurrency, three macro factors point at an optimistic medium-term trend. These macro factors hint at a positive medium-term to long-term price cycle but suggest that…