Bitcoin sentiment index drops to ‘fear’ — its lowest score in 18 months
The weakened market sentiment comes amid fears of a potential $8.5 billion market dump by Mt. Gox and recent mass outflows from United States spot Bitcoin ETFs.
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Samsung to research South Korea’s CBDC for offline payments
The collaboration will have both parties researching the offline capabilities of CBDC issued by South Korea’s central bank. 124 Total views 3 Total shares Tech giant Samsung Electronics has reportedly partnered with the South Korean central bank to conduct research on central bank digital currency (CBDC) for offline payments.On May 15, South Korea’s central bank…
Patched vulnerability could’ve crippled ETH over the past 2 years: Ethereum Foundation
The Ethereum Foundation has come clean about a security vulnerability first spotted in 2019 that could have brought the mainnet to a halt until the Berlin upgrade last month. 5836 Total views 20 Total shares The Ethereum Foundation has published a blog post outlining a potentially catastrophic vulnerability that could have resulted in the mainnet…
‘Token will defeat cryptocurrency’: Russia debuts palladium-backed stablecoin
Backed by a sanctioned Russian oligarch, Atomyze became Russia’s first legal digital asset manager, obtaining registration from the central bank in February 2022. 414 Total views 50 Total shares The Russian government-backed tokenization platform Atomyze has issued its first digital asset backed by palladium in collaboration with the local bank Rosbank.Rosbank officially announced on Monday…
Former Barclays Exec to Launch UK’s First Regulated Crypto Bank in 2020
Mark Hipperson, who was head of technology for the Barclays group for over a decade as well as co-founder and former CTO at U.K. challenger bank, Starling, is planning a Q1 2020 launch for his latest digital banking venture, Ziglu. Billing itself as the next step in the challenger bank concept, the all-digital account will allow…
U.S. Trustee: FTX was the ‘fastest’ corporate failure in American history, calls for probe
The United States Trustee handling FTX’s bankruptcy proceedings has referred to the now-defunct exchange as the "fastest big corporate failure in American history," and is calling for an independent probe to look into its downfall. In a Dec. 1 motion, U.S. Trustee Andrew Vara noted that over the course of eight days in November, debtors "suffered a…
Coinbase Users Now Have ‘Recharge’ Capabilities With Bitcoin Lightning Network
Bitrefill has made it possible for users of major American crypto exchange and wallet service Coinbase to access its full suite of Lightning Network (LN) services directly from within their native exchange accounts. The news was revealed in an official tweet from Bitrefill on June 25.The capability comes as part of Bitrefill’s new Thor API,…
Coinbase unveils plans for direct stock listing
The San Francisco-based digital currency exchange plans to go public later this year. 4063 Total views 17 Total shares Coinbase, one of the world’s largest digital currency exchanges, has been rumored for some time to be considering a direct listing.In an official blog post, the cryptocurrency exchange disclosed plans to pursue a direct listing of…
Venezuelans are running out of crypto P2P trading options
What will happen to foreign P2P marketplaces operating in Venezuela? Due to the regulations and sanctions related to the U.S. Office of Foreign Assets Control, or OFAC, Paxful announced that they will no longer provide services in Venezuela, according to an announcement on September 14.In a statement sent to Cointelegraph, Paxful’s CEO, Ray Youssef, commented…