Blockchain for Music Startup Raises $5.5. Million in New Funding

news Japan’s financial regulator is reportedly looking to close a legal loophole that lets unregistered investment firms solicit funds in cryptocurrencies rather than cash. According to a report from Sankei Shimbun on Tuesday, Japan’s Financial Service Agency (FSA) is planning revisions to bring such schemes under the country’s Financial Instruments and Exchange Act, although no…

NEWS Oct 18, 2018 at 17:00 UTC U.S.-based cryptocurrency exchange Coinbase is making a recently developed automated security scaling tool available to the public. Called Salus, after the Roman the goddess of safety and well-being, the program can automatically choose to run and configure different security scanners and issue a report on the results, according to a…

Nov 3, 2020 at 11:10 UTCUpdated Nov 3, 2020 at 11:11 UTCBitcoin’s Implied Volatility Rises Ahead of US ElectionBoth bitcoin and traditional market investors look to be predicting a pick-up in volatility following the U.S. elections.The cryptocurrency's one-month implied volatility – investors' expectation of how turbulent prices will be over the next four weeks –…

The decentralized autonomous organization (DAO) running the KyberSwap decentralized exchange (DEX) reached out to the attacker who walked off with $50 million on Nov. 22 with a message: We want to negotiate.(Etherscan)The attack targeted KyberSwap's liquidity pools (LPs). The DEX, which had a total value locked (TVL) of around $80 million before the attack, now

SpankChain, a cryptocurrency project focused on the adult industry, has suffered a breach that saw almost $40,000 in ethereum (ETH) stolen. In a blog post published Tuesday, the SpankChain team disclosed the hack, saying 165.38 ETH (worth around $38,000 at the time) had been lost at around 18:00 PST on Saturday. The intrusion, which the post…

SEC Chair Gary Gensler took to a stage at NYU School of Law in Manhattan on Wednesday and his comments had the air of someone who’s finally ready to say what he thinks. (My colleague Cheyenne Ligon had the report. ) His comments on crypto were expansive, sometimes quite wrong, and thoroughly damning to the

news The U.S. Department of Justice announced Tuesday that it has hit two individuals with bank fraud charges in connection to a system for depositing funds to cryptocurrency exchanges. In a statement, U.S. Attorney’s Office for the Southern District of New York alleged that Reginald Fowler of Arizona and Ravid Yosef, said to live in Tel…

news Israeli startup GK8 unveiled a cold-storage crypto wallet with on-network transfer capabilities, the company said. GK8’s technology removes many of the dangers internet-accessible crypto wallets face – hacks, attacks, unexplained losses — while preserving their more convenient features, such as sending and receiving digital assets. In an interview, GK8’s co-founder Lior Lamesh told CoinDesk…

The price of bitcoin (BTC) appeared set to retake the $27,000 level early Wednesday, but the rally was turned back alongside a renewed slide in the U.S. stock market.In mid-afternoon action, the S&P 500 and Nasdaq were each lower by about 0.6% – by themselves, not large declines, but both indexes are now lower by