Eclipse founder Neel Somani replaced as CEO amid sexual misconduct claims

The United States House Financial Services Committee will be holding a hearing on the social media giant Facebook’s proposed virtual currency Libra on July 17, according to a press release on June 24.The announcement comes by way of committee chairwoman Rep. Maxine Waters, who previously had called on Facebook to cease work on Libra until…

Privacy-focused encrypted instant messaging service Telegram has created a new programming language for its Telegram Open Network (TON), according to a document posted on an unofficial TON Telegram channel on May 23.The document — evidently authored by Telegram co-founder Nikolai Durov and dated May 23 — introduces a new language called Fift.  The language is…

The owner of crypto exchange Bitmart has asked a New York judge to intervene to prevent hackers from selling the fraud-begotten coins on the open market. 128 Total views 9 Total shares The owner of crypto exchange Bitmart has filed a bid for pre-arbitration injunctive relief to prevent Chinese hackers from making illicit transfers using…

Breakthroughs in scalability, error-correction, and infrastructure have led to an accelerated timeline for quantum advantage.

Morgan Creek Digital co-founder Anthony Pompliano highlighted data from Santiment, which showed that the 30-day rolling correlation between Bitcoin (BTC) and the S&P 500 is 0. Pomp stressed that the lack of correlation shows that Bitcoin is a store of value. Along with that, Bitcoin has also outperformed most traditional asset classes such as gold, the…

The market for nonfungible tokens, or NFTs, continues to grow, attracting mainstream influencers, leading artists and high-profile investors. 348 Total views 4 Total shares NFT company Recur has seen its valuation swell to $333 million after concluding a successful investment round endorsed by billionaire Steve Cohen’s family office. The Series A raised $50 million, mainly through…

Similar to a bank account for fiat currency, a crypto wallet is a personal interface for a cryptocurrency network that provides reliable storage and enables transactions. Whether a cryptocurrency is securely stored or not, much depends on the wallet, which is only as secure as its private keys.Wallets are generally either hot or cold. The…

Dec. 27: Bitcoin (BTC) is staying stable while major altcoin markets are showing signs of a fresh downward trend, led by Bitcoin Cash (BCH).Market visualization from Coin360Data from Cointelegraph’s price tracker and Coin360 showed a mixed but broadly calmer top twenty assets by market cap, compared to last week’s volatile activity.BTC/USD, which had gained over…

Investors in an alleged $17 million crypto scam are filing a lawsuit with the Port Elizabeth High Court against the CEO of VaultAge Solutions. 1554 Total views 44 Total shares Investors in the South African cryptocurrency firm VaultAge Solutions are planning to file a case against company CEO Willie Breedt for allegedly scamming 2,000 investors…