Crypto firms cannot naively trust engineers with code, warns Exodus CEO
Exodus CEO JP Richardson says the firm’s security team reviews all engineers’ code to prevent malicious actions.
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Fed ‘will determine the fate of the market’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week with much to make up for after its worst April performance ever.The monthly close placed BTC/USD firmly within its established 2022 trading range, and fears are already that $30,000 or even lower is next.That said, sentiment has improved as May begins, and while crypto broadly remains tied to macro…
FTX Japan drafts plan to return client funds
The Japanese subsidiary one of 134 companies been caught up in FTX’s bankruptcy proceedings but has been drafting a plan to return client funds. Own this piece of crypto history Collect this article as NFTThe Japanese subsidiary of the now-defunct FTX crypto exchange has come out with a roadmap to resume withdrawals, after confirming that…
Binance US eliminates trading fees for Ethereum
This announcement comes months after the crypto exchange removed all trading fees for Bitcoin transactions. 559 Total views 10 Total shares Own this piece of crypto history Collect this article as NFTBinance US has announced that it has expanded its “zero fee price model” to Ether (ETH) effective immediately. According to the announcement, users are now…
Philippines and BCB Blockchain to Work Together on Smart Cities
Singapore-based blockchain firm BCB Blockchain has signed a memorandum of agreement (MoA) with a branch of the Philippines’ Department of Science and Technology (DOST) to support the development of local smart cities.Per a Nov. 23 press release, BCB Blockchain contributed $300,000 to support incubators and startup accelerators in the Philippines by signing an MoA with…
Lending giant Aave set to launch liquidity mining program
With a liquidity mining program set to launch on Monday, Aave could be on the cusp of becoming the dominant decentralized finance (DeFi) ledning protocol. Earlier today, Aave Improvement Proposal (AIP) 16 reached quorum, meaning that starting on Monday, 4/26 liquidity providers and borrowers in Aave’s USDC, DAI, USDT, GUSD, ETH, and WBTC pools will earn…
Austrian Steel Alukönigstahl Develops Blockchain-Based Steel Trading Database
Austrian steel trading company Alukönigstahl is working on a blockchain-based steel trading data system, local media outlet industriemagazin.at reported on June 13.Alukönigstahl CEO Stefan Grüll is working on the business model of a blockchain-based steel trading database dubbed “STEEL but SMART,” which targets traditional use cases. Within the framework of the project, Grüll reportedly founded a…
UK cryptocurrency scams jump 23%, young investors prime targets: Lloyds Bank
According to the bank, potential cryptocurrency investors usually make an average of three payments before recognizing they’ve fallen victim to a scam. 204 Total views 13 Total shares One of the Big Four banks in the U.K., Lloyds Bank, has said that reports of cryptocurrency investment scams by victims have surged by 23% in the
US Senator Warren introduces bill to study crypto’s role in ransomware
The Ransom Disclosure Act aims to help the Department of Homeland Security gather critical data on ransom payments in cryptocurrency and fiat. 624 Total views 8 Total shares As cryptocurrency adoption continues apace in the United States, lawmakers want to better understand how it's used — for both legal and illegal purposes.The Ransom Disclosure Act,…