Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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UK Financial Watchdog: $255 Mln Lost in Crypto-Related, Other Investment Scams in 2018
The United Kingdom Financial Conduct Authority (FCA) has reported that common investment scams’ losses — including those crypto-related — amounted in total to over £197 million ($255 million) in 2018. The agency reported the losses in an official press release published on Feb. 6.According to data from the FCA call center, the most common reported…
Hack negotiations: Why do platforms with ineffective bounty programs pay a higher price
Steven Walbroehl, a former bounty hunter, said that companies would sometimes downplay bug discoveries and not pay bounties, claiming that the bugs were not critical. 66 Total views 1 Total shares Own this piece of history Collect this article as an NFTHacks remain common in the crypto space, with over $320 million in digital assets…
Crypto traders eye ATOM, APE, CHZ and QNT as Bitcoin flashes bottom signs
The United States equities markets rallied sharply last week, ending a three-week losing streak. The S&P 500 rose 3.65% last week while the Nasdaq Composite soared 4.14%. Continuing its close correlation with the U.S. equities markets, Bitcoin (BTC) also made a strong comeback and is trying to end the week with gains of more than…
Australian payments giant Eftpos becomes Hedera node operator
Eftpos has joined Hedera’s governing council after the two entities completed a successful micropayments pilot last year. 589 Total views 12 Total shares Australia’s top national debit infrastructure operator, Efptos, has been announced as the newest member of Hedera’s Governing Council. Alongside becoming the 17th council member, Eftpos will also become Hedera’s first network node operator…
US Treasury blacklisted a non-existent ETH address in connection with alleged Russian election interference
Either the treasury made a typo, or Russian hackers are so good, their wallets don't even have to exist. Earlier today, the U.S. Department of the Treasury updated its Specially Designated Nationals List, adding several individuals and a number of cryptocurrency addresses. One of the individuals added was Artem Mikhaylovich Lifshits — a Russian national, accused…
MicroStrategy, Tether adds to firms distancing from Silvergate as stock dives 57%
Business intelligence firm MicroStrategy and stablecoin issuer Tether have become the latest two firms to publicly deny any meaningful exposure to Silvergate Bank.The news comes after Silvergate announced on March 1 that it would postpone the filing of its annual 10-K financial report, which has many fearing the cryptocurrency bank may be on the brink…
Binance readies checkbook for potential fines from US regulators: Report
The world’s largest crypto exchange wants to resolve outstanding investigations with U.S. regulators. 524 Total views 5 Total shares Own this piece of history Collect this article as an NFTThe world’s largest digital asset exchange, Binance, is preparing to face fines and penalties in order to settle outstanding regulatory and law-enforcement investigations in the United…
Globetrotting Binance looks to Ireland for ‘centralized’ headquarters
Under pressure from regulators around the world, major exchange Binance is looking to establish a headquarters in Ireland. Until now it has operated globally for years under what its chief executive, Changpeng Zhao (CZ) has described as a “decentralized” structure.An Oct. 6 report from Irish media outlet Independant noted that Binance had established three subsidiaries…