First Bitcoin-backed synthetic dollar to launch with 25% yield

Payment channels in the Lightning Network enable users to conduct transactions without having to log each one on the Bitcoin blockchain, which lessens congestion and costs.However, like any network, the Lightning Network is not immune to security threats, and routing attacks are one of the potential risks. The effectiveness of the network may be affected

Security token offerings (STO) are becoming more popular, relative to initial coin offerings (ICO), according to a new report by Big Four firm PwC's global consulting subsidiary Strategy&. Released on March 8, the firm’s forth ICO and STO report was developed in collaboration with the Swiss Crypto Valley Association.According to the joint report, STOs “are…

The comprehensive new bill sorts out regulators and addresses taxes, environmental impact, security and other major questions surrounding digital assets. 300 Total views 3 Total shares The long-awaited Responsible Financial Innovation Act to create a regulatory framework for digital assets was introduced in the United States Senate on Tuesday. The official text of the 69-page…

Hacks into crypto exchanges target open-source libraries and take advantage of inside jobs researchers said. 889 Total views 18 Total shares Researchers at the Black Hat security conference revealed that crypto exchanges might be vulnerable to hackers. Although crypto exchanges have high privacy and security to protect their funds, researchers still found three ways hackers…

Tech investment company Cypherpunk Holdings has completed an equity investment worth $337,500 in zkSNACKs, the firm behind privacy-focused cryptocurrency wallet Wasabi.Cypherpunk announced the news in a Nov. 21 press release, specifying that it thus acquired a 4.5% stake in zkSnacks. With the acquisition, Cypherpunk’s chief investment officer Moe Adham became a member of zkSnacks' board…

Kelly Loeffler appeared on Fox News last night to discuss her sale of more than $1 million in equities the day after she attended a private Senate Health Commission hearing about the coronavirus on Jan 23. Loeffler was formerly the CEO of the digital asset custody service, Bakkt, and is the most-recent appointee to the…

Since the Financial Action Task Force, or FATF, introduced its controversial "travel rule" for businesses in the crypto space, the debate over the suitability of established regulatory frameworks for cryptocurrencies has been unrelenting. Some experts, however, believe that the industry's experience with the FATF guidelines is only the tip of the iceberg, and points to more…

Members of the European Parliament along with blockchain experts met Tuesday, September 4, to discuss possible regulations for Initial Coin Offerings (ICO).At the recent EU event entitled “Regulating ICOs — Is the Crowdfunding Proposal what we were looking for?” the attendees examined the potential complications currently arising in the ICO industry.Ashley Fox, a British Member…