Crypto Users Bridge Millions to zkSync Blockchain in Hopes of Token Airdrop

(alexsl/iStock via Getty Images Plus)Why Emerging Markets Are Wary of Modern Monetary TheoryWhile MMT may be the de facto policy of rich Western governments, applying it to developing economies could be disastrous.For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica,…

news QuickBit, a Swedish cryptocurrency exchange listed on the NGM Nordic MTF market, allegedly leaked 300,000 customer records via an unprotected MongoDB database. The exchange confirmed the event in a series of updates on their investor relations board. The leak, detailed by security researcher Paul Bischoff, first dame to light after security aggregator Shodan noted…

Jun 29, 2020 at 14:17 UTCUpdated Jun 29, 2020 at 14:31 UTCThe world’s second-largest maker in bitcoin mining equipment hopes launching its own exchange could double total revenue by 2022. In an interview with Bloomberg BNN, CFO Chen Lei confirmed the Hangzhou-based Ebang was planning to launch a regulatory-compliant crypto exchange that would strictly operate…

markets View Bitcoin’s five-day winning run, the longest in a month, has neutralized the short-term bearish view. A UTC close above the lower high of $10,956 created on Aug. 20 is needed for a bullish revival. Volumes picked up on Tuesday, adding credence to Monday’s triangle breakout on the daily chart. So, a rise to…

Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Marc Hochstein, CoinDesk's deputy editor-in-chief for features, opinion and standards. 03:27 Trump's Media Company in Talks to Buy Crypto Trading Platform Bakkt; Razzlekhan Gets 18 Months in Prison 11:59 Dormant Investors Are 'Awake Again' for Crypto After the

Slerf, a sloth-themed meme coin on the Solana network, raised $10 million in a so-called presale and quickly gained popularity even though the developer mistakenly burned the liquidity provider and tokens.The launch of SLERF comes as developers are raising millions of dollars in presales, contributing to a surge in the price Solana's SOL token, which

Oct 24, 2020 at 13:00 UTC(Kevin Mazur via Getty Images)Billionaire Hedge Fund Manager Paul Tudor Jones: A Bet on Bitcoin Is a Bet on Human IngenuityA recap of an exceptionally bullish week for bitcoin and crypto as a whole. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts,…

Kraken did not disclose financial terms of the deal. Kraken is said to be in talks to raise $100 million in funding by the end of the year ahead of a potential IPO. 22:08 How Crypto Markets Reacted to Trump's Assassination Attempt 02:05 Trump's Odds of Victory Hit All-Time High on Polymarket After Shooting; Alexey

Participating governments will strengthen their capacity to clamp down on the use of virtual assets in ransomware operations, 31 countries and the European Union said in a joint statement following a U.S.-led conference on ransomware.The participating members will enhance the capacity of national authorities “to regulate, supervise, investigate and take action” against the exploitation of…