Crypto ETF issuer Fidelity says breach leaked data of 77K customers
Fidelity said personal information was stolen in a recent data breach but stressed that its customer accounts weren’t affected.
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Parity Launches Beta Version of Tool Stack for Building Blockchains
United Kingdom-based blockchain infrastructure provider Parity has launched a beta version of Substrate, its tool for creating customized blockchains, according to a press release published Tuesday, Dec. 18.The release states that Substrate is designed to provide “maximum technical freedom” while creating blockchains. It supports multiple programming languages, users can make their own consensus mechanisms, and…
Grayscale lawyers refer to SEC allowing Volatility Shares’ investment vehicle in push for ETF
According to Grayscale, the Volatility Shares ETF was an “even riskier" product than Bitcoin futures ETFs, suggesting the SEC should allow its spot crypto ETF to begin trading. Digital asset manager Grayscale has filed a letter in its lawsuit against the United States Securities and Exchange Commission (SEC) over the rejection of a spot Bitcoin…
Retail traders become ‘sitting ducks’ as sell-off triggers $1.4B liquidation
After flirting with a $2 trillion market cap for the last couple of days, the cryptocurrency market took a 7% hit on April 7, dropping the total crypto market cap to $1.8 trillion. As the unexpected sell-off took place, investors scrambled to find a reason to explain the move.Analysts typically identify the use of excessive…
NY AG sues KuCoin for selling securities and commodities without registration
New York Attorney General Letitia James said the suit is the first time a regulator has claimed Ether is a security in court. 796 Total views 3 Total shares Own this piece of history Collect this article as an NFTNew York state Attorney General Letitia James announced that she has filed suit against cryptocurrency exchange…
Breaking: Paypal launches PYUSD stablecoin for payment
Payment processing giant PayPal started crypto payments in March 2020 and since then has been actively involved in the crypto payment sector. 896 Total views 7 Total shares American financial technology company PayPal launched a new crypto stablecoin called PayPal USD (PYUSD) on Aug. 7. The new US dollar-backed stablecoin will be issued by Paxos Trust…
Bitcoin Block Size Sees New All Time High, Hash Rate Catching Up
The average block size of the Bitcoin network peaked at 1.341 MB on May 2, with the mining hash rate approaching a new all-time high. The mean block size of the Bitcoin network peaked this month, with the hash rate setting new records before the rewards halving, scheduled in about 10 hours at the time…
Price analysis 12/21: BTC, ETH, XRP, LTC, BCH, LINK, ADA, DOT, BNB, XLM
MicroStrategy CEO Michael Saylor recently tweeted that he purchased another 29,646 Bitcoin (BTC) at an average price of $29,646. With this purchase, the company has deployed the $650 million raised through a recent convertible debt offering. The business intelligence firm now holds 70,470 Bitcoin and that makes it the fifth-largest individual holder of Bitcoin.The current…
WEF 2022: Ripple CEO reveals he visited SEC several times before lawsuit struck
Brad Garlinghouse, the CEO of cross-border payments company Ripple, spoke during a panel discussion at the WEF 2022. 262 Total views 2 Total shares Brad Garlinghouse, the CEO of cross-border payments company Ripple, spoke during a panel discussion Monday at the World Economic Forum in Davos, Switzerland.Garlinghouse, who also occupies a role as a member of the…