Bitcoin trades under $57K, but data suggests pro traders are not bearish
Bitcoin price fell closer to $56,000, leading traders to question whether the bull market is coming to an end. US job market data could hold the answer.
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Crypto Travel Firm’s Bookings Skyrocket 68% Following Expedia Partnership
According to Travala.com CEO Juan Otero, the firm’s booking revenue increased by 75% in two weeks after partnering with Expedia. 1134 Total views 19 Total shares Cryptocurrency travel platform Travala.com saw the number of rooms booked through its platform grow sharply after a recent integration with booking giant Expedia.According to Travala.com CEO Juan Otero, the…

Sequoia China leads $25M equity round for DeFi wallet DeBank
Co-founded in 2018 by Chinese R&D expert Tang Hongbo, DeBank allows users to track 798 protocols across 17 chains. 282 Total views 18 Total shares DeBank, a cryptocurrency wallet focused on decentralized finance (DeFi) solutions, has closed new funding led by major venture capital firm Sequoia China.The firm announced Tuesday on Twitter that it raised…

Wells Fargo to Pilot DLT-Based Cross-Border Settlement Platform
American financial services company Wells Fargo & Company is planning to launch a pilot of a distributed ledger technology (DLT)-based internal settlement service in 2020.In a Sept. 17 press release, Wells Fargo described a DLT-based platform designed to perform internal book transfers of international payments within its global network using digitized cash. The company claimed…

The ethics of the metaverse: Privacy, ownership and control
As the metaverse continues to grow and evolve, it is essential that we consider and address the ethical questions and challenges it raises. 132 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe metaverse, a virtual environment that simulates reality, offers complex moral dilemmas regarding privacy, ownership and…

Taotao: Yahoo-Backed Exchange Enters Japan Market Amid Renewed Interest in Crypto
Japanese cryptocurrency exchange Taotao is expected to go live at noon on May 30, as per the company’s official Twitter page.Notably, the new trading platform is heavily backed by Yahoo Japan, marking the local internet giant’s arrival into the field of crypto. The timing seems to be on point, now that the market has finally…

Blockchain security firm freezes $160K stolen in Merlin DEX ‘rugpull’
Smart contract auditor CertiK claims to have blocked $160,000 from Merlin, a zk-Sync-based decentralized exchange (DEX) which has been the center of a rogue insider "rugpull" that lost users $1.8 million last week.CertiK shared the news of its successful $160,000 freeze of the stolen funds in an update to its 257,700 Twitter followers on May…

3Commas on ‘heightened alert’ after several user accounts hacked
The firm has implemented additional security measures following an investigation that found “only a few” 3Commas user accounts were compromised. 159 Total views 19 Total shares Crypto trading bot provider 3Commas is on “heightened alert” after some of its user’s accounts were compromised and used to place trades.An Oct. 8 blog post from 3Commas co-founder

BIS, EU central banks building data platform to track crypto, DeFi flows
The Bank for International Settlements and a handful of European central banks are building a system to track international flows of cryptocurrencies. 286 Total views 6 Total shares The Bank for International Settlements (BIS) has developed a proof-of-concept (PoC) for a system tracking on-chain and off-chain transactions from cryptocurrency exchanges and public blockchains, including Bitcoin.Working