Crypto execs on DeFi domain hacks: Don’t interact with crypto for now
CoinGecko founder Bobby Ong explained that after Google sold its domain business to Squarespace, two-factor authentication was removed due to the forced migration of domains.
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DYdX to unlock 6.52M tokens worth $14M for community treasury, rewards
Out of the lot, 2.49 million DYDX tokens — worth $5.36 million — will be allocated to the community treasury, which funds contributor grants, community initiatives and liquidity mining, among other programs. 300 Total views 16 Total shares Decentralized exchange (DEX) platform dYdX will unlock $14.02 million worth of its native DYDK tokens to be…
Citi downgrades MicroStrategy stock after bold Bitcoin bet
MicroStrategy was downgraded to "sell" from "neutral" on Tuesday. Shares of MicroStrategy (MSTR) fell on Tuesday after Citibank reportedly downgraded the business intelligence firm over its “disproportionate” Bitcoin (BTC) focus. Citi analyst Tyler Radke issued a “sell” rating on MSTR shortly after the company announced it was raising more money to buy Bitcoin. Radke says CEO…
The Stablecoins Movement — Toward Stability in Crypto Assets
Stablecoins have become widely popular in the digital currency industry because they don’t have the volatility associated with other cryptos like Bitcoin (BTC) for instance. Despite their popularity, the first wave of crypto assets — of which Bitcoin is the most popular — is failing as a reliable means of payment or store of value…
Bitcoin Falls Towards $3,550 as Top Cryptos See Moderate to Major Losses
Sunday, Jan. 20 — all the top 20 cryptocurrencies are seeing moderate to major losses in the 24 hours to press time. Bitcoin’s (BTC) price is nearing $3,550 again, according to Coin360 data.Market visualization from Coin360At press time, Bitcoin is down over 4 percent on the day, trading at around $3,587. Looking at its weekly…
Swiss President Says Regulation for Blockchain Firms Should be ‘Fast and Clear’
The president of the Swiss Confederation, Ueli Maurer, has stressed that establishing regulation for the blockchain sector should be fast and clear. Maurer made his remarks at the CV Crypto Valley Summit in Zug on Wednesday, according to a report from local financial news agency FinNews on March 27.Maurer — who is also the country’s…
Azerbaijan Targets Utilities, Justice System for Blockchain, Smart Contracts Use
Azerbaijan is planning to use blockchain and smart contracts in the country’s legal system and housing sector, Central Asian-focused Trend News Agency reported Nov. 2.Speaking to the publication, chairman of the Azerbaijani Internet Forum Osman Gunduz noted that plans for smart contract introduction in these areas by the country’s justice ministry had “attracted attention” at…
Tribal partners with Visa to expand credit options for businesses
The initiative is focused on expanding credit and financing options for small- and medium-sized businesses in Latin America. 184 Total views 5 Total shares Crypto-focused enterprise payment platform Tribal Credit has partnered with Visa to expand credit and financing options for small- and medium-sized enterprises across Latin America, highlighting the growing synergies between traditional payment…
Australia Investigating Major Tax Crimes as Part of Crypto-Focused Tax Enforcement Taskforce
Australia’s tax agency, the Australian Tax Office (ATO), is investigating 12 major international tax avoidance schemes, with a key focus on cryptocurrency-enabled activities. The news was reported by local broadsheet The Sydney Morning Herald on June 6.The ATO’s intensified cross-border investigations were reportedly revealed following a meeting of the J5 — also known as “The…