Breaking: Telegram CEO Pavel Durov allegedly arrested in France
Reports are trickling in via social media, but so far, we haven’t seen any official confirmation.
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North Korean hackers swipe over $100M from Atomic Wallet users
Atomic Wallet, a noncustodial decentralized wallet, has been hit by a staggering exploit, leading to users reporting losses of their entire cryptocurrency portfolios. This unforeseen breach has sent shockwaves through the crypto community, as Atomic Wallet’s fundamental premise relies on users assuming full responsibility for storing their assets securely. The losses from the Atomic Wallet heist have now…
Noncustodial Bitcoin wallets unbannable, says exec behind Trezor wallets
There are a few ways for regulators to limit the usage of noncustodial wallets, but there is no way to ban it completely, SatoshiLabs CFO said. 440 Total views 23 Total shares As regulators grow increasingly concerned about investors moving their cryptocurrency out of centralized exchanges, one industry exec has assessed the probability of a…
Up or down? These Bitcoin price levels hint at the next move from $13K
Bitcoin (BTC) price has had a tremendous month as the price rallied from $10,500 to $13,800. However, in recent days, momentum is slowing amid rising coronavirus fears. Bitcoin’s price dropped from $13,800 to $12,900 on Oct. 28, making the recent breakout a fakeout. Alongside a correction on the cryptomarkets, the equity and commodity markets also…
Digital ruble trial goes live as Bank of Russia insists on Bitcoin ban
The Bank of Russia reports on the first digital ruble tests as planned but continues to fight against Bitcoin adoption. 47 Total views 5 Total shares Amid more reports on the Bank of Russia rejecting the finance ministry’s proposal of cryptocurrency regulation, the central bank has kicked off trials of its own digital currency.The Russian…
Ethereum price dips below the $1.8K support as bears prepare for Friday’s $1B options expiry
Ether's (ETH) performance over the past three months has been less than satisfying for holders and the 50% correction since April 3 caused the altcoin to test the $1,800 support for the first time since July 2021.Ether/USD 1-day chart at Kraken. Source: TradingViewDue to the volatility in stocks, investors had been seeking shelter in the…
Regulators are misguided in efforts to restrict open-source AI
Lawmakers in Europe and California are worried about that open-source AI is "dangerous." On the contrary — there is nothing dangerous about transparency.
Huawei and Beijing jointly develop municipal blockchain directory
Beijing’s municipal government has ambitious plan for smart city infrastructure based on the Huawei Cloud Blockchain. Huawei and Beijing’s municipal government have jointly developed a blockchain directory for use across urban governance.According to an official report published on Aug. 24, the system, still being trialed, is aimed at improving government services and supporting the city’s…
Visa to Change PoS Fees to Merchants to Adjust to New Business Categories
Payments behemoth Visa is reportedly planning to change merchant fees rates for United States-based merchants as part of a major update of its point-of-sale system.The development was revealed in a document Visa sent to banks announcing an upgrade of its system, which will be rolled out in April and October, Bloomberg reported on Feb. 4.…