Bitcoin’s record highs push big banks’ profits to billions — Report

The SEC has taken action against a Californian man for fraudulently offering insider stock trading tips on a darknet marketplace. 1695 Total views 15 Total shares The U.S. Securities and Exchange Commission has announced charges against California resident James Roland Jones in the first-ever enforcement action from the commission to target securities fraud on the…

MIT Technology Review magazine has published an article today, Feb. 19, arguing that security-touted blockchain tech is still vulnerable to hacks. The magazine is fully owned by the United States Massachusetts Institute of Technology (MIT).In the recent article, the MIT Technology Review stressed that blockchain technology represents a complex economic system that depends on unpredictable…

South Korea’s biggest internet corporation Kakao will reportedly integrate its crypto wallet in its messaging app KakaoTalk, local financial news agency Fnnews reported on March 18.According to the report, more than 44 million South Korean KakaoTalk users will be able send peer-to-peer transactions using Kakao’s crypto-powered wallet.The South Korean messaging giant will reportedly integrate the…

California-based luxury electric car manufacturer Karma Automotive has begun accepting digital currency as a means of payment at one of its stores in Newport Beach.Karma Newport Beach now enables customers to pay in Bitcoin (BTC) for new vehicle purchases and related services, according to a company press release on Oct. 15. Announcing the new offering,…

The United States Securities and Exchange Commission (SEC) has once again begun accepting public comments regarding the updated Bitcoin (BTC) exchange-traded fund (ETF) proposal by Wilshire Phoenix Fund.According to the official document published on Oct. 15, investment management firm Wilshire Phoenix and exchange NYSE Arca have filed an amendment to their Bitcoin ETF application to…

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.On June 15, an imbalance in Curve Finance’s 3pool led to a Tether (USDT) depeg scare as the stablecoin’s weightage in the pool rose above 70%, leading to…

Ransomware gang REvil strikes a US-based robotics firm, leaking their sensitive data on the dark web. 1859 Total views 36 Total shares Ransomware gang REvil, known for launching stolen data auctions on the dark web, is now leaking sensitive documents stolen from a US-based robotics company.According to an official blog post from REvil on June…