BTC correction ‘almost done,’ Hailey Welch speaks out, and more: Hodler’s Digest, Dec. 15 – 21

The agency's lawsuit against Helium was its final action under former Chair Gary Gensler, aiming to penalize a crypto firm for a token launch. 313 Total views 1 Total shares The US Securities and Exchange Commission (SEC) has dismissed a lawsuit against Nova Labs, developer of decentralized wireless network Helium, for allegedly issuing unregistered securities

Following the fall of TerraUSD, DEI, the algorithmic stablecoin by DEUS Finance, takes a nosedive below 60 cents. 342 Total views 11 Total shares As the market continues to mourn over losses on the Terra UST and LUNA debacle, DEI, a stablecoin used as a collateral mechanism for third-party instruments built on the Fantom-based decentralized…

Solana has suffered its fifth outage of 2022, and the year is only five months old. A bug-related consensus failure was the culprit this time. The Solana network is not having a good year, having suffered full or partial outages at least seven separate times over the past 12 months.A bug has knocked the Solana…

Unfortunate "crypto" brand name causes the company to shut down. Crypto International, a successor of controversial Swiss company Crypto AG, is reportedly dismissing dozens of employees following a major spying scandal.As many as 70 employees had to quit Crypto International after Crypto AG was found to be selling backdoored products to benefit agencies like the…

“Twitter has extraordinary potential. I will unlock it,” claims Musk following his proposition to buy the social media giant. 160 Total views 2 Total shares In a letter sent to the chairman of Twitter’s board Bret Taylor on Thursday, entrepreneur Elon Musk, best known for founding and heading Tesla and SpaceX, has offered to purchase…

As the Bitfinex hack recovery ensued, crypto figures across social media shared their thoughts, raised questions and expressed disbelief. 129 Total views 13 Total shares On February 1, there were movements of around $2.5 billion from the 2016 Bitfinex hack wallets. After reviewing the transactions, Cointelegraph reported that around 90,000 Bitcoin (BTC), worth $3.6 billion,…

The bank used the Hedera network to settle payments in South Korean, Thai and Taiwanese currencies in real-time in its second stablecoin pilot project. 63 Total views 1 Total shares South Korea’s Shinhan Bank has completed its second proof-of-concept using stablecoins for international remittances. Siam Commercial Bank’s SCB TechX unit and an unnamed Taiwanese financial…

LocalBitcoins COO Elena Tonoyan explains how the oldest peer-to-peer Bitcoin exchange is fighting against criminal activity on its platform. 694 Total views 9 Total shares Elena Tonoyan, the COO at LocalBitcoins, explains how the oldest peer-to-peer Bitcoin exchange has been stepping up the fight against criminal activities on the platform.As of 2019, LocalBitcoins has been…