Genesis-labelled address moves $720M BTC to Coinbase, pointing to start of asset liquidations
Genesis Trading transferred over 12,600 Bitcoin to Coinbase over the past 30 days, two months after reaching a settlement with the state of New York.
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Russia’s Prime Minister: Bear Market Is Not a Reason to Bury Cryptocurrencies
The massive 2018 bear market is not a reason to bury crypto, Russian Prime Minister Dmitry Medvedev claimed in a speech at the Gaidar forum. Russian news agency TASS reported on Medvedev’s comments yesterday, Jan. 15.Medvedev outlined the current crypto market situation as one of the main questions on the world community’s agenda, along with…
DBS Bank joins Hedera blockchain’s governing council
The bank wants to use its membership to further explore the emerging possibilities opened up by blockchain technology. 368 Total views 3 Total shares The Hedera Governing Council has welcomed Singapore’s oldest bank, DBS Bank, as its newest member, making it the first Southeast Asian lender to join the worldwide Hyperledger organization.DBS Bank, a member…
Web3 Foundation Holds Off on 100x Polkadot Redenomination
The Web3 Foundation is holding off on its plan to redenominate Polkadot’s DOT tokens following a non-binding community referendum. 1304 Total views 77 Total shares The Web3 Foundation has pushed back its proposal to redenominate 100x of Polkadot’s (DOT) supply after conducting a community referendum on the Kusama network.While the referendum, dubbed a Polkassembly, largely…
Chinese trader laundered more than $17M for Lazarus Group in 25 hacks
The North Korean cybercrime group is credited with some of the biggest crypto hacks, including the $600 million Ronin bridge exploit.
Ethereum ‘final dip’ to $2.5K likely before ETH treks to new all-time high — Analyst
Ethereum price continues to consolidate, but a fledgling technical pattern hints at an upcoming rally to $2,800.
Luxor refutes claims its Bitcoin hashrate-backed product is BlockFi, Celsius 2.0
“The return comes from hashrate, not from pixie dust, ponzi schemes, or rehypothecation,” a Luxor Technology executive stressed. 326 Total views 2 Total shares An upcoming Bitcoin (BTC) hashrate-backed product that could offer 10% to 13% returns shouldn’t be compared to failed products by BlockFi or Celsius as its returns come from proof-of-work, not “ponzi
Ex-Ethereum Advisor Nerayoff Loses Techstars Deal After Extortion Charges
Startup accelerator Techstars has cancelled its year-old partnership with the firm owned by early Ethereum advisor Steven Nerayoff.Techstars ditches the joint acceleratorAccording to cryptocurrency news outlet The Block on Oct. 8, Nerayoff’s arrest on suspicion of extortion had forced Techstars to reconsider its association with Alchemist, a blockchain advisory startup.The two joined forces in July…
Colorado Considers Bill Giving Cryptocurrencies Limited Exemptions From Securities Laws
A new bill to exempt cryptocurrencies from some securities laws is currently under consideration by the Colorado Senate, documents released on Jan. 4 confirm.A bipartisan effort sponsored at Senate level by Republican Jack Tate and Democrat Steve Fenberg, the “Colorado Digital Token Act” aims to offer limited extra freedoms for cryptocurrencies and traders.The move comes…