Japanese exchange DMM loses $305M in Bitcoin via private key hack
The cryptocurrency exchange lost 4,502.9 BTC due to a hack of its private key; withdrawals have been temporarily suspended.
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Retail Giant Carrefour Launches Blockchain Food Tracking Platform for Poultry in Spain
Retail giant Carrefour, headquartered in France and operating in more than 30 countries, is deploying a blockchain food tracking platform based on Hyperledger in its Spanish network, a press release states Tuesday, Nov. 20.The food tracking solution, initially developed by U.S. tech corporation IBM, will be used to track free-range chickens branded as “Calidad y…
Reserve Bank of India ‘exploring the possibility’ of a digital currency
The bank still claimed that government bodies and regulators in India are both “skeptical” and “apprehensive” about crypto. 2500 Total views 16 Total shares Less than a year after the Indian supreme court overturned the Reserve Bank of India’s ban on crypto businesses, and the bank’s position on digital assets is looking slightly more bullish.According…
Crypto Biz: Crypto fever hits wealth managers
This week’s Crypto Biz explores the launch of new crypto ETFs, CleanSpark’s acquisition of new mining sites, another round of conflict between Bitfarms and Riot, and more.
DeFi on the way to having ‘bank-like’ financial products — Mercuryo CEO
Mercuryo CEO Petr Kozyakov said many consumer apps will emerge before widespread institutional adoption comes to DeFi.
Blockchain’s Scaling Problem, Explained
5. Failing to definitively address blockchain’s scaling issues could have far-reaching ramifications. Unless action is taken, it’s likely that transactions will take longer and longer to process. In a digital economy where fiat payments can be sent and received instantly, blockchain platforms need to offer the same if they are going to be regarded as…
What is really behind El Salvador’s ‘Bitcoin Law’? Experts answer
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Cryptocurrency Regulation Necessary to Keep Firms in US, Says Circle CEO
The CEO of cryptocurrency trading and investment firm Circle thinks the United States will create appropriate regulation as more companies move overseas.Speaking to Bloomberg in an interview on July 31, Jeremy Allaire highlighted ongoing tendencies for crypto market participants to move abroad as a factor motivating future regulatory policy in Washington. Allaire’s comments come in the…
Centric Swap leads ‘Uptober’ after a swift 1,000% gain. Here’s why it could go higher
In the past few weeks, Centric Swap (CNS), a dual-token model that gives stakers a fixed hourly yield that “stabilizes over time as it self-regulates token supply to meet ongoing changes in demand,” has rallied more than 850% and still about 200% away from its previous all-time high.Data from Cointelegraph Markets Pro and TradingView shows…