Bitcoin miners steamrolled after electricity thefts, exchange ‘closure’ scam: Asia Express
Malaysia gets out the steamroller as Bitcoin mining stolen electricity issue worsens, Korea’s new ‘exchange closure’ scam. Asia Express
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Crypto exchange OKEx launches DeFi hub and NFT marketplace
OKEx is expanding its decentralized finance footprint with a DeFi Hub and a marketplace for creating and selling NFTs. 629 Total views 14 Total shares Global crypto exchange OKEx is ramping up its decentralized finance (DeFi) efforts with the introduction of the DeFi Hub, a decentralized digital asset ecosystem that includes a marketplace for nonfungible…

Kraken acquires Dutch broker BCM as part of European expansion
The acquisition of the Dutch broker firm is a key part of the exchange’s European expansion strategy ahead of the MiCA regulation.

EY Releases New Version of Zero-Knowledge Proof Blockchain to Public Domain
British auditing giant EY has released a new iteration of its zero-knowledge proof (ZKP) blockchain, intending to cut transaction costs by 90%.A ZKP is a digital protocol that enables data to be distributed between the two participants without using a password or any associated information in the transaction.According to an announcement on Dec. 19, EY…

Debate Over Digital Privacy Amid Pandemic Remains ‘Archaic,’ Says Algorand Founder
With some countries beginning to lift lockdown restrictions amid the coronavirus pandemic, many are focusing attention on the technological tools that can help public authorities to comply with the World Health Organization’s guidance for COVID-19 suppression —- “test, trace, isolate.” This mantra has become all the more resonant in light of the apparent failure of multiple…

Here are the best and worst times of the day to use Ethereum
Anyone who has used Ethereum in 2020 knows the frustration of paying for gas, the measure that represents a transaction’s computational weight. With gas prices sometimes rising up to 100 to 200 gwei, a unit equal to one billionth of an Ether (ETH), many users are finding themselves priced out of the action.While only a…

Saga CEO discusses crypto industry's shift toward GOP — ETH Denver
The crypto industry has cozied up to the Republican Party during the most recent election cycle but donated heavily to both parties. 320 Total views 16 Total shares Rebecca Liao, co-founder and CEO of layer-1 blockchain Saga, believes that digital assets began as a bipartisan issue but gravitated toward the Republican Party in the last

Bitcoin ‘Black Thursday’ Repeat Unlikely as Exchanges Have Less BTC
On-chain data suggests Bitcoin price will not see a Black Thursday repeat as the amount of BTC held at exchanges has dropped to a 2020 low. As Bitcoin (BTC) price pulled back below $12,000, some investors began to worry that another crypto market crash like one that occurred on March 11 would occur. However, data from…

Report: QuadrigaCX Accidentally Transferred $500K in BTC to Cold Wallets It Cannot Access
Major Canadian crypto exchange QuadrigaCX accidentally transferred nearly $500,000 in Bitcoin (BTC) to its cold wallets earlier this month, according to a report published by Ernst & Young on Feb. 12.The founder of QuadrigaCX, 30-year-old Gerald Cotten, died in December 2018. The exchange has been unable to access its cold wallets since, as Cotten was…