Bitcoin rallies to $61K, but derivatives traders are still skeptical — Here is why
Bitcoin price shows strength ahead of a key Federal Reserve monetary policy decision on Sept. 18, but data suggests the momentum may not last.
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Crypto venture capital funding hits $1B for second straight month
It is the first time since late 2022 where the industry has recorded two consecutive funding months above $1 billion.

$1.4B in Crypto Stolen in First Five Months of 2020, Says CipherTrace
Researchers say 2020 is on track to become a record-breaking year for cryptocurrency-related thefts, hacks and fraud.Digital asset intelligence firm CipherTrace released a report on June 2 revealing that in the first five months of this year so far, the value of ill-gotten funds siphoned through cryptocurrency crimes has reached almost $1.4 billion.This makes it…

Huobi’s Blockchain Phone to Launch in Southeast Asia Next Week
Chinese crypto exchange Huobi plans to launch its blockchain-powered smartphone Acute Angle in Southeast Asia next week.Official launch is coming next weekHuobi’s new blockchain phone was already available to some users in China, but the actual launch is scheduled for next week as part of the sixth Huobi Prime launch, according to a Finance Magnates…

EOS Node Offers Users Financial Rewards for Votes, Reignites Decentralization Debate
Yet another aspect of blockchain protocol EOS has sparked controversy this week after one of its 21 block producers appeared to offer its token holders financial rewards for voting it as a proxy.Starteos, one of the official sanctioned nodes which can approve EOS transactions, said in a Medium post Nov. 27 that “after delegating Starteos.io…

Despite yETH returns of 2%, Yearn pushes forward with WBTC Vault
Yearn Finance has submitted a Maker Improvement Proposal for its forthcoming WBTC Vault, suggesting it will launch in the not-to-distant future. The popular yield farming decentralized finance (DeFi) protocol Yearn Finance is progressing with its forthcoming Wrapped Bitcoin (WBTC) Vault.The team has submitted a MakerDAO Improvement Proposal requesting whitelisting for the WBTC Vault to access…

EtherHiding: Why hackers may prefer Binance’s BNB Smart Chain
According to cybersecurity analysts at 0xScope and CertiK, threat actors may prefer using BNB Smart Chain contracts because it’s cheaper and seen as having lower security than Ethereum. 143 Total views 2 Total shares Despite the name “EtherHiding,” the new attack vector that hides malicious code in blockchain smart contracts doesn’t have much to do

X-Spot granted trademark injunction against Huobi Global in Hong Kong
The ruling only applies to the use of the trademark in Hong Kong until a final decision is issued at trial. X-Spot Global Limited, a company owned by Huobi Global exchange (now HTX) co-founder Leon Li, has won an injunction against Huobi Global for the latter to cease its use of the Chinese-equivalent "Huobi" trademark

Stablecoins ‘Pose Risk to Financial Stability’ Warns Federal Reserve
Stablecoins could “complement” other payment systems and improve conditions for consumers, but need constant checks, says the United States Federal Reserve.In its November 2019 Financial Stability Report released on Nov. 15, the Fed highlights stablecoins and their potential impact on the U.S. and beyond.Fed: Unregulated stablecoins “pose risks”Rather than dismissing the phenomenon, officials eye potential…