Bitcoin ETF security concerns mount after FBI warns of North Korean hackers
North Korean hackers are reportedly targeting the billions of dollars in BTC and ETH held by crypto ETF custodians.
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Major Insurers Take the Plunge to Underwrite Risk in the Crypto Space
Big-name insurers such as AIG, Allianz, Chubb, and XL Group are increasingly tailoring coverage options to protect businesses in the crypto space, Bloomberg reports July 19. Aon, a major insurance broker that claims to occupy 50 percent of the crypto-insurance market, told Bloomberg the firm is seeing more crypto-specific protections catering to the new industry.…
Ampleforth Raises $5M in 11 Seconds in Tokinex Exchange Offering
Ampleforth has raised $4.9 million in 11 seconds in its AMPL token sale, according to an announcement on June 13.The initial exchange offering (IEO) was the first to take place on Ethfinex and Hong Kong-based crypto exchange Bitfinex’s Tokinex platform .An IEO is an alternative to an initial coin offering (ICO) in which a centralized…
‘Don’t Mess with Texas Innovation’ — advocates criticize bill removing crypto mining incentives
Lawmakers in a Texas Senate committee moved forward on Senate Bill 1751 on April 4, paving the way for a floor vote for the legislation some have labeled as against crypto miners. 337 Total views 18 Total shares Own this piece of history Collect this article as an NFTThree crypto advocacy groups have launched a…
Black Americans are changing the face of crypto and blockchain through education
Despite there still being work to be done to further diversify the crypto space, many believe the blockchain sector is generally more diverse than other tech industries. This could be because cryptocurrency boasts financial inclusion and the democratization of global economics, attracting a wide variety of people from various nationalities, ethnicities, genders, etc., from around…
PayPal increases crypto purchase limits to $100K
The company said the move was aimed at giving customers “more choice and flexibility" to purchase crypto. 433 Total views 1 Total shares Payment provider company PayPal now allows U.S.-based users to purchase up to $100,000 in crypto weekly.In a Thursday announcement, PayPal said it had increased the crypto purchase limit for certain customers based…
House Democrats won’t be forced to vote against two pro-crypto bills
A leaked email shows Democratic Party leaders “strongly oppose” two Republican-led crypto bills, but will not force House members to vote no on them.
Four Crypto Exchanges Face Stricter Regulation in South Korea: Report
Four South Korean cryptocurrency exchanges are reportedly facing stricter regulation as they aim to renew their banking accounts. As local industry media TheBchain reports on July 29, the new requirements come after the Financial Action Task Force (FATF) released recommendations on virtual currency regulations.Per the report, South Korean cryptocurrency exchanges Bithumb, Upbit, Coinone and Korbit…
Boston nurse fired for nudes on OnlyFans launches crypto porn app
Former Boston ICU nurse Allie Rae made international news in August last year after she was fired for running an extremely naughty Only Fans account on the side. The story appeared everywhere from the NY Post, to CNN, The Daily Beast — and she even made an appearance on Dr Phil.The resulting publicity saw fans…