Ether ETFs will only be a ‘sidekick’ to Bitcoin ETFs: Bloomberg analyst
Inflows from the Ether ETF launch may disappoint compared to the record-breaking inflows generated by the launch of the U.S. spot Bitcoin ETFs
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Quantum computers may soon breach blockchain cryptography: Report
Cryptography experts are somewhat skeptical of the technique's scalability, but aren't ruling out the possibility of success either. 857 Total views 7 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTAccording to a recent paper, Chinese researchers claimed to have discovered a novel method to break the Rivest–Shamir–Adleman 2048 bit (RSA-2048) signing…
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SEC Publishes Memorandum From Meeting on SolidX, VanEck BTC ETF Proposal
The U.S. Securities and Exchange Commission (SEC) has published a memorandum, dated Oct. 9, from a meeting regarding the Bitcoin (BTC) exchange-traded-fund (ETF) proposal from VanEck and SolidX.As stated in the memorandum, VanEck is a New York-based investment management firm with $46 billion in assets under management and SolidX is a provider of blockchain software…
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BitMart Announces Investment From China-Based VC Firm Fenbushi Capital
Digital assets trading platform BitMart has reportedly secured “millions of investment” from Chinese blockchain-focused venture capital firm Fenbushi Capital. BitMart announced the news on Aug. 7.To bring transparency to the global economyWith the investment, BitMart has joined over 50 international blockchain projects Fenbushi has invested in, aiming to achieve more transparency and efficiency in the…
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OneCoin Co-Founder Pleads Guilty, Faces up to 90 Years in Jail
Konstantin Ignatov, co-founder of alleged crypto scam OneCoin, has pleaded guilty to participation in the multi-billion dollar fraud. According to a BBC report on Nov. 14, Ignatov signed a plea on Oct. 4 and now faces up to 90 years in prison. The news was made public on Nov. 12, the BBC says.After being arrested…
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Banking Shut Down Drives Crypto Adoption Among Venezuelans
Peer-to-peer Bitcoin (BTC) trading has surged in Venezuela after shutting banks amid a nationwide quarantine to fight the spread of coronavirus.On March 17, Venezuelan President Nicolas Maduro brought a country-wide quarantine to slow the spread of COVID-19. With only 33 cases of coronavirus confirmed so far, the administration hopes that the emergency measures will prevent…
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Grayscale cites security concerns for withholding on-chain proof of reserves
Grayscale shared a letter from Coinbase Custody attesting that each of Grayscale’s crypto products is fully backed, but stopped short of providing the wallet addresses. 638 Total views 5 Total shares Cryptocurrency investment product provider Grayscale Investments has refused to provide on-chain proof of reserves or wallet addresses to show the underlying assets of its…
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Researchers Claim 99.9% of Zcash Transactions Are Traceable
Researchers from Carnegie Mellon University have released a study into the privacy features of Monero (XMR) and Zcash (ZEC) — arguably the two most-popular crypto assets purporting to offer users anonymity.The report finds that Monero’s introduction of strict security and anonymity requirements on its broader ecosystem has maintained the asset’s status as “effectively untraceable.”Transversely, the…
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Major Crypto Exchanges Lament Outsized Scrutiny From US IRS
Representatives of major crypto exchanges today told the United States Internal Revenue Service that they want to see clear regulations rather than vague suspicion from the tax authority.In a March 3 panel that is a continuation of a broader crypto summit at the IRS building in Washington, D.C., representatives from Coinbase, Kraken, and major accounting…