FTX reaches $200M settlement with IRS on tax bill

Hackers have compromised the website of the city of Johannesburg, South Africa, and demanded ransom in Bitcoins (BTC).The city announced the hack on its official Twitter account on Oct. 25. The city wrote that it had “detected a network breach which resulted in unauthorised access to its information systems.” As a result, the breach affected…

Cointelegraph analyst and writer Marcel Pechman explains how lowering the interest rates in the U.S. will ultimately benefit Bitcoin and the cryptocurrency market. 96 Total views 1 Total shares Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel and explains complex concepts in layperson’s terms,…

Repeated Bitcoin transfers to centralized exchanges suggest the German government plans to sell the remaining $1.3 billion in BTC holdings.

The real estate industry has seen significant growth since the recession. With market prices predicted to increase along with millennial demand in 2019, the industry is as welcoming as ever. Although the market is improving, it is still plagued by issues that make the investment process less convenient than it should be.Major drawbacks of the…

Chainlink’s oracle network will welcome Coinbase Cloud as a node operator to improve high-quality data provision to several blockchain protocols. 278 Total views 4 Total shares Coinbase Cloud will leverage its global infrastructure and experience managing blockchain data to bolster the security and reliability of the Chainlink blockchain oracle network. The United States-based cryptocurrency exchange’s cloud…

Binance-founded layer-1 blockchain BNB Chain has introduced a new layer-2 chain that it hopes will address its “scalability challenge.”On June 19, BNB Chain unveiled opBNB, which has launched as a testnet. The new layer-2 scaling solution is based on the Optimism OP Stack, which it says will add additional security and scalability to the Binance…

A private version of Klaytn is in being developed in order to take part in South Korea's CBDC pilot, to be launched later this year. 2888 Total views 18 Total shares Ethereum software company ConsenSys has formed a technical partnership with Kakao’s Klaytn blockchain, with a view to developing a private platform for the issuance of…

Malaysian Finance Minister Lim Guan Eng has stated that any entity wishing to issue cryptocurrency must defer to the country’s central bank, Bank Negara Malaysia (BNM). The minister’s comments were reported by local English-language daily broadsheet the New Straits Times (NST) Nov. 26.The finance minister outlined his stance in response to a question from parliamentary…