‘China’s MicroStrategy’ sells all of its Bitcoin and Ethereum: Asia Express

Leading Chinese banks are promoting the digital yuan over Alipay and WeChat Pay for an upcoming shopping festival in China. 616 Total views 15 Total shares Some of China’s largest state banks are actively promoting the digital yuan as a superior means of payment to the country’s two leading payment providers, Alipay and WeChat Pay.In…

Since May 10, as much as 236,237 Bitcoin (worth $5.452 billion) has been sold by “large institutions” — mostly as a result of forced selling. A Twitter thread from Arcane Research analyst Vetle Lunde details how and when many institutional Bitcoin holders began selling their stacks. Lunde stated that “it all started with Do Kwon.” The…

Initial DEX offerings are the new initial coin offerings. So, what’s the difference between an IDO and an ICO, other than that one letter? A lot actually. In some ways, ICOs and IDOs have more in common with each other than they do with initial exchange offerings, which have more than a few features of the traditional…

In early August, sources leaked word that officials with the United State Department of Justice were considering fraud charges aimed at Binance, the world’s largest cryptocurrency exchange. However, they indicated, officials are worried that it could cause a run on the market akin to the November 2022 collapse of FTX.Those concerns have not deterred the…

United States cryptocurrency exchange Coinbase has lost another senior executive as its head of international, Dan Romero, announced his resignation in a blog post on April 12.Romero, who worked for five years at the company in various positions, follows director of institutional sales, Christine Sandler, and ex-vice president and general manager, Adam White in quitting…

The CEO of cryptocurrency trading platform Binance Changpeng Zhao announced a demo of the platform’s decentralized exchange in a tweet today, Aug. 9. In a six-minute video attached to the tweet, Zhao presented a “casual, early, pre-offer”  demo of the decentralized exchange. The CEO said not “to expect too much” for now, adding that it…

The problem has since been resolved, but it begs the question of how such an oversight happened in the first place.

An attacker could have placed a limit buy order with an arbitrarily high open price to automatically win every trade, the Zellic security platform discovered.

Phoenix Thoroughbreds may need to wait before racing again. 1733 Total views 10 Total shares Australian horse racing officials are investigating a group raising thoroughbreds after its alleged involvement with OneCoin.According to news reports, Racing NSW confirmed it is investigating Phoenix Thoroughbreds while a second group, Racing Victoria, is in contact with international officials regarding…