Crypto lender Shezmu recovers hacked funds through negotiation

Siam Commercial Bank, over a century old, doesn't fail to keep up with the times. 898 Total views 16 Total shares Siam Commercial Bank — Thailand's oldest bank, established by royal charter back in 1907 — is cementing its reputation as a strong backer of innovative financial technologies. The institution's venture arm, SCB 10X, has…

Tech billionaire, Tim Draper, has revealed he owns a myriad of altcoins in addition to his 30,000 BTC. Tim Draper, the prominent venture capitalist and tech billionaire who purchased nearly 30,000 Bitcoins (BTC) that were seized from the Silk Road, has revealed his digital currency holdings span at least half a dozen different crypto assets.  …

Cryptocurrency mining giant Bitmain is reportedly planning to set up 200,000 units of mining equipment in China to benefit from low-cost hydroelectric power in the country, crypto media outlet CoinDesk reported on March 21.A source from China familiar with the matter reportedly told CoinDesk that Bitmain will install 200,000 units of their own mining machines…

Ether (ETH) fell short of a bullish breakout based on technical and on-chain analysis, suggesting that the consolidation below the $2,000 price level could continue in the medium term. At the same time, a lack of sellers and strong fundamentals will likely protect Ether from steep declines.Ether encounters resistance at long-term bullish reversal pointsETH/USD has…

Digital currency wallet and exchange Abra has launched support for a new token, BIT10, that tracks the Bitwise 10 Large Cap Crypto Index, according to an announcement published Oct. 3.The Bitwise 10 Large Cap Crypto Index was developed by cryptocurrency asset management firm Bitwise Asset Management and is reportedly listed exclusively on Abra. The index…

The vice chairman of South Korean consumer electronics giant Samsung says the firm will seek to collaborate with platform companies on the development of blockchain, artificial intelligence and sixth-generation mobile networks. The news was reported by Bloomberg on June 16.The vice chairman, Jay Y. Lee — who reportedly serves as the firm’s de facto leader…

After eight consecutive months of ascent, the stablecoin market capitalization has risen to a 24-month high of $161 billion in May.

Multinational computing giant IBM is adding to its stack of blockchain patents with two new applications, the United States Patent and Trademark Office confirmed, publishing documents on March 5.According to one patent document, IBM now seeks to target network security using blockchain technology. A second patent focuses on database management using the tech.“Securing a data…