Crypto lender Polter Finance halts operations after $12M hack
Polter Finance suffered a $12 million flash loan hack and is now investigating stolen funds linked to Binance wallets and offering to negotiate with the attacker.
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Tim Draper: Tokenize Masterpieces to Disrupt the Art Auction Duopoly
Venture capitalist and Bitcoin investor Tim Draper believes that blockchain technology is driving much-needed disruption in the art industry. 136 Total views 1 Total shares Famed Silicon Valley and crypto investor Tim Draper believes that distributed ledger technology is transforming the art industry.Speaking to Cointelegraph, Draper emphasized the benefits that many of the core utilities…
Turkish Telecom Giant Turkcell Introduces Blockchain ID Management Product
Istanbul-based telecommunication services provider Turkcell has introduced a blockchain-based service for ID management, news outlet Daily Sabah reported on Feb. 26.Turkcell reportedly announced its new blockchain product at the technology fair Mobile World Congress (MWC) 2019 on Feb. 25. The ID Management solution is designed to provide users with control over their personal information and…
ALS Association Partners With TRON to Use Blockchain to Track Donations
The ALS Association has partnered with the TRON Foundation to launch a blockchain-enabled charity campaign, according to a press release shared with Cointelegraph on Feb. 11.The campaign, called #VoiceYourLove, aims to build awareness around amyotrophic lateral sclerosis (ALS), commonly known as Lou Gehrig's disease, and raise donations for research into treatments and finding a cure.According…
Asia Express: China’s NFT market, Moutai metaverse popular but buggy…
After a one-year hiatus, Our Man in Shanghai returns, but he’s no longer based in Shanghai (the crypto crackdown was a factor in the column’s retirement), so a rebranding is in order. This space is now called “Asia Express,” and it’s a weekly roundup of news from mainland China and Taiwan and the rest of…
Winklevoss brothers top Forbes Bitcoin billionaires list
Forbes has named the six biggest winners of this latest cryptocurrency rally, including the Winklevoss brothers and Bloq’s Matthew Roszak. 5214 Total views 17 Total shares Major business magazine Forbes has featured Gemini co-founders Cameron and Tyler Winklevoss as the richest Bitcoin (BTC) billionaires.Compiled by Forbes crypto-focused reporter Michael del Castillo, the ranking provides a…
OKX, Kucoin say proof of reserves will be ready in a month
Similar protocols are used by Kraken, Bitmex, Gate.io, and many other exchanges, but were not used by FTX. 652 Total views 2 Total shares In the wake of the FTX liquidity crisis, two major crypto exchanges have announced that they will provide Proof of Reserves, also known as Proof of Funds (PoF) within the next…
Crypto News From Japan: Nov. 2–9
In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Japan, the Japanese financial regulator solidifies its policy of banning trusts that invest in crypto, more than 20 companies launch a consortium that aims to raise funds with security tokens, and Coincheck starts its automated cryptocurrency accumulation service, while it denies having had any previous…
Nexo co-founder targets Bitcoin at $100K by mid-2022
Don’t write off Bitcoin, says Nexo co-founder Antoni Trenhcev. Every time you do, it significantly outperforms. 830 Total views 20 Total shares Another promising price prediction has appeared for Bitcoin bulls in 2022. Antoni Trenchev, co-founder and managing partner of Nexo, said that Bitcoin (BTC) could hit the $100,000 milestone as soon as the summer in…