Crypto Biz: The Bitcoin summer, Avalanche integrates with Stripe, and more
This week’s Crypto Biz features the Lightning Network rollout on Coinbase, Avalanche integration with Stripe, MicroStrategy earning results and BlackRock’s new tokenized fund.
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Crypto Scams Reach New Heights in 2020 With $24M Stolen So Far
Whale Alert alleges that crypto scams are skyrocketing in 2020 compared to statistics from 2017. 1096 Total views 25 Total shares Blockchain tracking and analytics platform, Whale Alert, revealed that over the past four years, scammers have stolen over $38 million worth of Bitcoin (BTC).New heights could be reached at the end of 2020Whale Alert’s…
ETH price surge could cause ‘gamma squeeze’ as bull market heats up: Delta Exchange exec
Delta Exchange, a crypto derivatives platform, says many options traders didn’t expect Ethereum’s price to rise so quickly. Now, they’re sitting on huge unrealized losses. 1235 Total views 9 Total shares A growing number of options traders are sitting on large unrealized losses following Ethereum’s (ETH) latest price surge, highlighting once again the volatile and…
Binance Releases 2nd Decentralized Exchange Preview After Binance Chain News
The world’s largest cryptocurrency exchange Binance revealed a second preview of its forthcoming decentralized exchange (DEX) in a video Dec. 4.Binance, which regularly tops global charts for the largest volume of cryptocurrency traded daily, released an initial sneak peak in August.The project is part of the wider Binance Chain initiative, through which executives plan to…
Fake news: Litecoin price surges 35% following Walmart adoption hoax
"The Litecoin Foundation has yet to enter into a partnership with Walmart," said Jay Milla. 2101 Total views 11 Total shares The price of Litecoin rose to more than $237 this morning following erroneous reports from major news outlets that U.S. retailer Walmart would be introducing a payment option for the cryptocurrency on all its…
Concordium aims to end the era of anonymity in crypto industry
Crypto and blockchain industries need to play by the rules to realize their full potential, Concordium CEO says. 2038 Total views 2 Total shares The anonymity of Bitcoin (BTC) and other cryptocurrencies is a hot topic in the crypto space. While the transactions are open to track in a public blockchain, it is challenging to…
Ripple to demonstrate tokenization in HKMA e-HKD pilot program using new CBDC platform
The Hong Kong Monetary Authority is looking at retail CBDC use cases, such as the equity release of tokenized real estate assets with Ripple’s new CBDC product. 603 Total views 3 Total shares Ripple will participate in the Hong Kong Monetary Authority’s (HKMA’s) digital Hong Kong dollar (e-HKD) central bank digital currency (CBDC) pilot program…
US appeals court says SEC exceeded authority with fund rule
The Fifth Circuit found that the regulator overstepped its authority in its new rules affecting hedge funds. Could this ruling be a good sign for crypto?
The Philippines’ top payment provider adds crypto to its mobile app
With the new feature, PayMaya intends to make it simpler for Filipinos to learn about and use cryptocurrencies. 139 Total views 12 Total shares Philippines-based major fintech company PayMaya has reportedly launched a new cryptocurrency feature on its app, following in the footsteps of PayPal, Venmo and others.According to TechInAsia, PayMaya users will be able…