Bitcoin ETFs, MicroStrategy, whales spur 3X jump in private BTC txs: Analyst

Local authorities reopen the case against lenders who reportedly refuse to work with cryptocurrency firms. 218 Total views 2 Total shares Brazilian banks that have denied service to cryptocurrency companies are now being scrutinized by local authorities, according to a recent report from Folha de São Paulo.On May 20, the Administrative Council for Economic Defense,…

Despite the rising value of blockchain skills in the global job market, some countries like China reduced salaries offered to blockchain employees in 2019, a new report says.According to the “2020 China Blockchain Professional Development Report,” the average salary offered to blockchain industry professionals in China dropped 37% year-over-year since 2018.Imbalance between supply and demand…

Research outfit Xangle has found that a third of sampled retail investors in the United States felt “deceived” by initial coin offerings, or that the projects had withheld information from them.Notably, Xangle’s survey is small-scale, based on 600 respondents who invested in an ICO sometime between 2017 and October 2020. The majority (44%) of those…

Argentina's largest telecommunications company has fallen victim to a $7.5M ransomware attack. 1930 Total views 19 Total shares Telecom, Argentina's largest telecommunications company, has fallen victim to a ransomware attack. Hackers are demanding $7.5 million in Monero (XMR) — an amount that will rise to $15 million if the company does not pay within 48…

Is Solana living up to its so-called “Ethereum-killer” status? And one trader was left over $1 million poorer due to a hard fork.

Trulioo said improving compliance for AML and KYC can be a big differentiator for crypto companies. 985 Total views 21 Total shares The ability to verify documents and comply with anti-money laundering (AML) and know-your-customer (KYC) requirements is now a differentiator for crypto firms, said identity verification provider Trulioo.Anatoly Kvitnitsky, Trulioo’s vice president for growth,…

Bitcoin price hit a new high at $56,368, cementing its status as one of the most valuable assets on the planet. 3296 Total views 25 Total shares As Bitcoin (BTC) price pushed above $55,300 in the morning trading session, its market cap surpassed $1 trillion for the first time on Feb. 19. The breakout continued…