Crypto losses from fraud and hacks declined 12% in May — Immunefi

‘Snow Crash’ by Neal Stephenson Neal Stephenson’s science fiction novel Snow Crash predicted the Metaverse in 1992. This cult book has the amusingly-named Hiro Protagonist running around in an artificial cyber world, trying to stop a virus that wipes minds, aided by his hacker friend Y.T. Reality is a place to escape from, a neoliberal…

Bitcoin price (BTC) shed more than 10% on July 11 as markets appeared to react to criticism of Facebook’s Libra from a senior U.S. lawmaker.Market visualization courtesy of Coin360Data from Coin360 sees the majority of cryptocurrencies firmly in the red Thursday, hours after Federal Reserve Chairman Jerome Powell said Facebook’s offering should not continue development.Libra,…

Winklevoss brothers’ cryptocurrency exchange Gemini continues expanding in Europe, announcing new regulatory approvals in Italy and Greece.Gemini has registered as a virtual currency operator with Italy’s payments services regulator, the Organismo Agenti E Mediatori (OAM), the firm announced on Nov. 30.The crypto exchange has also received registration as a custodial wallet provider and provider of…

Highlighting Germany’s crypto license as an example of attractive regulation, Birgit Rodolphe writes that similar frameworks should be the same throughout the EU to “prevent a fragmented market.” 134 Total views 37 Total shares Birgit Rodolphe, an executive director at Germany's Federal Financial Supervisory Authority (BaFin) has called for innovative and uniform regulation of the…

BTC trades in the lower-end of its 76-day range, but analysts say future Fed actions and record-high open interest increase the possibility of future “deleveraging events.” 98 Total views 5 Total shares Bitcoin (BTC) price continues to struggle at $20,000 and repeat dips under this level have led some analysts to project deeper downside in…

The meltdown at derivatives giant BitMEX, during which Bitcoin (BTC) fell to $3,600, has seen the company payout compensation worth a modest $200,000.In a blog post about the event, which occurred on March 13, BitMEX blamed “two DDoS attacks” for crashing its platform.Ethereum traders see 40 BTC refundedComing at a time of intense volatility across…

Ethereum is now the third largest blockchain by stake committed, and has plenty of room to grow. 2603 Total views 13 Total shares Little more than a month after launching, the Ethereum 2.0 blockchain now holds 2.7 million Ether (ETH), worth $3.8 billion.The combination of the Ether price rally and an ever increasing amount of…

China’s Nervos has launched a trustless bridge designed to simplify cross-chain transactions between its CKB network and Ethereum. 241 Total views 4 Total shares Chinese public blockchain project Nervos has announced the launch of a cross-chain bridge between it and Ethereum.The launch of Nervos’ Force Bridge was revealed on Dec. 17, with the bridge boasting…

Capitulation occurs when traders are scared. On March 12, most asset classes witnessed a massive selloff with no place to hide. Even gold declined 3.17%, which shows that the traders sold everything in their portfolio. The coronavirus pandemic has created a state of panic because it does not have any treatment and spreads quickly. As…