CFPB proposes crypto firms refund users for funds lost to hacks

Cointelegraph analyst and writer Marcel Pechman explains how price-to-earnings ratios relate to cryptocurrency markets. 128 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe show Macro Markets, hosted by Marcel Pechman, which airs every Friday at 12 pm ET on the Cointelegraph Markets & Research YouTube channel, explains…

Bitmain allegedly fires staff for speaking out against salary cuts, Hong Kong investors lose faith in crypto after JPEX scandal, Bitget gets a new crypto credit card and more. by Zhiyuan Sun 4 min October 20, 2023 Share Share Share Share Our weekly roundup of news from East Asia curates the industry’s most important developments.

German bank WEG Bank obtained a cryptocurrency trading and custody in Estonia. WEG Bank confirmed in a tweet published on Aug. 25 that it obtained a crypto trading and custody license in Estonia. Estonia greenlights German bank to trade and hold cryptoFurthermore, the firm also announced that it is now trying to take hold of a…

USDC is now integrated into the banking systems of Brazil and Mexico, allowing businesses to use the USD-pegged stablecoin directly through local financial institutions.

An Ethereum All Core Devs call was held on Friday to discuss a variety of Ethereum Improvement Proposals as gas fees on the network remain historically high.The agenda included several discussion points on high gas prices and ways to mitigate the issue. Alexey Akhunov, an independent Ethereum researcher, opened with a comment on the existence…

Binance’s BNB Chain is set to undergo two hard forks in August 2023 to reduce the possibility of a malicious blockchain reorganization and increase compatibility with other Ethereum Virtual Machine (EVM) blockchain networks.The Plato and Hertz upgrades are scheduled for Aug. 10 and Aug. 30, respectively, following extensive testing. The Plato upgrade, which has already taken place,…

Bitcoin (BTC) is on the run, printing a new high with each day. After officially achieving a new all-time high by market cap, will Bitcoin finally break through that elusive $20K barrier once more? Or will we first see a major correction? When correction? BTC/USD 1 week chart. Source: TradingViewIt’s hard to not get excited…

The Central Bank of Brazil made some waves last week with its new instant payment system. While not blockchain-based, the new system, dubbed PIX, nevertheless is imbued with some of blockchain’s core attributes.Money transfers have historically been slow, cumbersome and expensive. For example, Bank A takes its fee when a payment is sent and Bank…

Corbin Fraser, an executive at Bitcoin.com, told Cointelegraph that they are also planning to release a prepaid debit card that rewards users with crypto. 243 Total views 12 Total shares Crypto platform Bitcoin.com is looking to expand its ecosystem by introducing Bitcoin (BTC) holders to the world of decentralized finance (DeFi) and implementing new services…