FTX user sues hedge fund over bankruptcy profits

Major Canadian investment fund manager 3iQ and blockchain firm Mavennet co-launched a new regulated stablecoin pegged to the Canadian dollar (CAD).Developed by Canada Stablecorp, a joint venture between 3iQ and Mavennet, QCAD is the latest CAD-based stablecoin and was officially launched on Feb. 11.QCAD total supply accounts for about 150,000 CAD at the launchBased on…

Symantec revealed that a WastedLocker ransomware attack was blocked on time after an early alert by the cybersecurity firm. 1446 Total views 33 Total shares Cybersecurity firm Symantec blocked a ransomware attack by a group known for demanding payment in Bitcoin (BTC) directed at 30 U.S.-based firms and Fortune 500 companies.The announcement published by the…

Bitcoin (BTC) has seen yet another sharp increase in its computing power after its network hash rate grew 25% in a week.Hash rate climbs to all-time highData from monitoring resource Blockchain puts Bitcoin’s hash rate at 87 quintillion hashes per second (h/s) as of Sept. 3.Bitcoin network hash rate. Source: BlockchainThe figure passed 80 quintillion…

Rising prices are grabbing headlines all over the world. Across the pond in the United States, inflation recently broke a 40-year record. The situation is severe in Europe, with prices rising over 5% across the Eurozone and 4.9% in the United Kingdom. While prices rise, Bitcoin (BTC) is flatlining at around $39,000. It poses many questions: Is Bitcoin…

FTX’s collapse dealt a major blow to the already fragile sentiment among cryptocurrency investors. Although a quick recovery is unlikely, Blockchain analysis firm Chainalysis said that the crypto universe could emerge stronger from this crisis. Chainalysis’ research lead Eric Jardine arrived at the conclusion after comparing FTX’s fall to that of Mt. Gox.Another calming statement…

The Central Bank of Russia (CBR) published a new set of rules for suspicious transactions, Russian finance publication RBC reported on Feb. 17. The update broadly categorizes any cryptocurrency-linked transaction as a potential money laundering risk.The bank issued an update to directive 375-P, which lists all signs of suspicious activity that may be linked to…

Bitcoin (BTC) saw a snap retest of $27,000 around the Oct. 6 Wall Street open as wildcard United States employment data rattled markets.BTC/USD 1-hour chart. Source: TradingViewAnalysis: Jobs data "not what Fed wanted to see"Data from Cointelegraph Markets Pro and TradingView followed BTC price action as the largest cryptocurrency lost 2.1% in a single hourly

An astounding 86.5% of Colombians are familiar with cryptocurrency and 80% are open to investing in the asset class.Peer-to-peer Bitcoin (BTC) marketplace Paxful shared the results of its new survey — conducted together with Toluna Insights — with Cointelegraph on Aug. 15.50% of Young Colombians Already Crypto InvestorsThe survey further revealed that at least 50%…

Refereum, a blockchain-based platform that rewards users for video game engagement and streaming, has partnered with Tron. The collaboration allows Refereum to pay out its video game streaming users in Tron’s TRX coin, and BitTorrent’s BTT token, said an April 2 statement provided to Cointelegraph.  Partnerships, more partnerships, and purchasesTron bought software company, BitTorrent Inc, in 2018.…