Crypto investment products see $147M outflows after 3-week inflow streak

Hours after experiencing a major denial of service attacks (DDoS) attack, Bitfinex has announced it repaid another part of the loan facility to Tether.In a Feb. 28 blog post, Bitfinex revealed that the cryptocurrency exchange repaid $100 million of outstanding loan facility to major stablecoin operator Tether (USDT).Similarly to a previous repayment in July 2019,…

Adam Back, who invented the hashcash proof-of-work system and was one of the first people to work on bitcoin (BTC), spoke about the positive uses of blockchain at G20. Cointelegraph Japan reported on Back’s comments at a meeting of finance ministers and central bank governors in Japan on June 8.Sitting next to the governor of the Dutch…

A Japanese logistics company is planning to incorporate a blockchain network into a new transportation system to be developed next year.According to an article from the Nikkei newspaper, Nippon Express plans to invest up to 100 billion yen — approximately one billion USD — into a blockchain-based transportation network for pharmaceuticals. The Tokyo-based company intends…

The grants program will be distributed to developers over the next 12 months via 1INCH tokens. 354 Total views 2 Total shares 1inch Foundation, the non-profit organization of the 1inch decentralized exchange aggregator, has earmarked $3 million to fund new protocol upgrades as part of a grants program targeting developers. Over the next 12 months, 1inch…

Securitize, a compliance platform and protocol for token issuers backed by United States crypto exchange Coinbase, is launching its Securitize Ready Program, according to a press release shared with Cointelegraph on April 9.Per the announcement, the program includes such industry majors as Coinbase Custody, OpenFinance, Rialto Trading, CBlock Capital and others. Users of the Securitize…

Bitcoin's (BTC) last daily close above $45,000 was 66 days ago, but more importantly, the current $39,300 level was first seen on Jan. 7, 2021. The 13 months of boom and bust cycles culminated with BTC price hitting $69,000 on Nov. 10, 2021.It all started with the VanEck spot Bitcoin exchange-traded fund being rejected by…

"We decided that additional time to conduct a more thorough code review and testing was important," said Theta Labs. 2664 Total views 10 Total shares Crypto-powered esports streaming app Theta’s mainnet 3.0 launch has been delayed until June.In an announcement from Theta Labs, the company stated that its development team is still working “to incorporate…

Charles Hoskinson likened SBF to Bernie Madoff the mastermind behind the largest Ponzi scheme in history, and says the media is giving him a 'free pass'. Cardano founder Charles Hoskinson has likened former FTX CEO Sam Bankman-Fried to infamous American fraudster Bernie Maddoff and accused the media of giving the former FTX CEO a 'free pass'.

Cryptocurrency exchange OKEx plans to launch Tether (USDT) futures margin trading in October, the firm confirmed in an email to Cointelegraph on Sept. 23.An OKEx spokesperson said that Tether futures are scheduled to be launched next month, though the exact launch date has not been set as of yet. They explained: “We are planning to launch…