Fireblocks VP: Big names won’t go back after discovering crypto payments’ potential

"Huobi HTX has now properly handled this attack," the crypto exchange stated. 613 Total views 2 Total shares Crypto exchange HTX, formerly Huobi Global, will resume deposits and withdrawals within 24 hours after suffering a $13.6 million exploit on Nov. 22.According to its official announcement, the exchange promised to "fully compensate for the losses caused

The cryptocurrency space moves rapidly, so much so that every year, there’s a new trend: from initial coin offerings (ICOs) to nonfungible tokens (NFTs) only a few years have passed. In the face of such astounding innovation, crypto companies and regulators face a growing challenge: balancing security practices with new products and features.Some companies’ approach…

The halcyon days of state subsidized electricity are over. Officials from Inner Mongolia are mulling an electrical policy that would prevent cryptocurrency miners from using inexpensive, state-subsidized electricity.Per the Inner Mongolia Electric Power Group Co, the region expects to recover around 6.732 billion yuan ($977 million) in taxes and fees thanks to these new measures.…

The price of Ether (ETH) rallied 18% between Feb. 13 and Feb. 16 but has since been range trading near the $1,700 level. Despite the recent price improvement, Ether derivatives metrics remain neutral-to-bullish ponder the investors the tighter regulatory environment and the potential impact of Ethereum’s Shanghai upgrade.Investors' biggest concern right now is regulation, especially after…

Monobank is seeking approval from the National Bank of Ukraine to launch its Bitcoin debit card later this month. 244 Total views 3 Total shares As the Ukrainian government progresses with cryptocurrency-related legislation, a major local e-bank is preparing to launch a debit card featuring Bitcoin (BTC) trading.Ukrainian online banking application Monobank has completed a…

Many members of the blockchain community have been anxiously awaiting the arrival of Ethereum 2.0, the major upgrade to the Ethereum blockchain set to be released in multiple phases. Phase 0 is the first expected release on the Ethereum 2.0 roadmap, scheduled to launch this year.While speculation around the exact release date remains, Ethereum co-founder…

Fusion Network’s token swap wallet was compromised. Roughly a third of FSN tokens was stolen as a result.Fusion Foundation announced in a Medium post published on Sept. 29 that its swap wallet was compromised, which resulted in the theft of 10 million native FSN and 3.5 million Ethereum (ETH)-based ERC-20 FSN tokens. The total worth…

Ripple has agreed to acquire a 40% stake in cross-border payments firm Tranglo to further expand its ODL service in Southeast Asia. 2766 Total views 18 Total shares Ripple continues its push into the Asian market by acquiring a stake in a cross-border payments firm.According to a blog post, Ripple has agreed to acquire a…

A project at the University of Nevada, Reno is developing a new blockchain-powered autonomous vehicle project, according to a press release published on April 23.The Intelligent Mobility project, coordinated by the University of Nevada, Reno and the Nevada Center of Applied Research (NCAR), has chosen enterprise blockchain and Internet of Things (IoT) firm Filament to…