Crypto-Sec: Evolve Bank suffers data breach, Turbo Toad enthusiast loses $3.6K
This week’s cybersecurity news from around the crypto space covers bug fixes, phishing scams, crypto exchange hacks and more.
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As Microsoft Azure closes shop, ConsenSys Quorum opens up to new users
Just as the cryptocurrency sector is constantly changing and evolving, the enterprise blockchain industry has been undergoing its fair share of developments lately. Most recently, enterprise blockchain solutions are shifting from private, closed networks to public, open systems. This has largely been made possible due to advances from the Ethereum network, which are ensuring better…

Surprise ETH price drop below $2.5K raises questions about Ethereum fundamentals
Ethereum price followed the broader crypto market sell-off, but its longer term price weakness is driven by network-specific factors.

ECB Exec Says Libra Could Address Failings of Global Payments System
Facebook’s Libra has pushed central banks to consider two major issues in global payment systems, an exec at the European Central Bank (ECB) said.Benoit Coeure provided his remarks at a hearing at the Committee on the Digital Agenda of the German parliament on Sept. 25.According Coeure, an ECB board member and chair of the Committee…

FIT21 bill a ‘watershed moment’ for crypto despite CFTC-SEC friction
FIT21 is the first bipartisan legislation of its kind to pass in either chamber of Congress, but is its dual-agency model workable?

Cathie Wood’s ARK ETF reportedly buys 6.93M shares of SPAC merging with Circle
Ark Invest's latest foray into the crypto sector focuses on stablecoin issuer Circle, which announced plans to merge with SPAC Concord Acquisition Corp. 39 Total views 9 Total shares Cathie Wood's Ark Invest has reportedly purchased 6.93 million shares of the special purchase acquisition company, or SPAC, that is merging with Circle, for $70.6 million…

Bitcoin bulls fight to hold $34K as CME BTC open interest surpasses 100K
A surge in CME BTC volumes and open interest highlight institutional investors' growing interest in Bitcoin. Will it be enough to keep the price in the current range? Bitcoin (BTC) price currently battles to hold the $34,000 level after a stellar rally and short squeeze saw its price push above $35,000 on Oct. 23.In an

Bitcoin traders offer downside targets as BTC price risks sub-$25K dip
Bitcoin (BTC) treaded water below $28,000 on May 9 as markets prepared for macroeconomic data releases.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin stays muted on eve of CPIData from Cointelegraph Markets Pro and TradingView showed BTC/USD acting near $27,700 at the day’s Wall Street open.The pair had seen deeper losses the day prior, with a…

Huobi and Binance Support Community-Led Steem Hard Fork
Major cryptocurrency exchanges Binance and Huobi have announced support for the Steem (STEEM) community’s hard fork to create the new Hive network.On March 18, Binance and Huobi published announcements revealing their support for the Steem hard fork that is scheduled for March 20.The decisions appear to quash allegations from earlier in the month that the…