Li.Fi releases incident report following $11M hack

Intel shares closed higher following a new plan to spin off its AI-focused foundry business into an independent subsidiary capable of raising outside funding. 

Bitcoin (BTC) and spot gold (XAU) hovered below their key psychological levels on Sept. 8, as a stronger United States (USD) dollar weighed on investors' appetite for hedging assets.The BTC/USD exchange rate dropped 5.27% to its intraday low of $44,423 but recovered a portion of those losses after reclaiming the $45,000-46,000 range as support. The…

Decentralized finance (DeFi) markets may have cooled down over the past year, but the technology powering these applications continues to advance. In particular, smart contract platforms that enable transactions to take place across DeFi applications are maturing to meet enterprise requirements. While it’s notable that enterprises have previously shown interest in DeFi use cases, smart contract…

The BNB Chain core development team said the move aims to streamline the network and improve efficiency.

In Israel, the number of blockchain and crypto-related companies increased by 32% in 2019, according to a report from the Israeli Bitcoin Association published on Dec. 30.The report revealed that there were 150 active companies in the field in 2019, while at the end of 2018, the number was 113. Out of the 113 companies,…

Hong Kong appears to be tightening the screws on unregulated crypto exchanges. 743 Total views 1 Total shares Proposed regulations targeting Hong Kong’s blockchain industry could have far-reaching consequences for the crypto derivatives market, according to new research from Messari.io. In a report published on Wednesday, researcher Mira Christanto said the Special Administrative Region of Hong…

A Toronto judge has ruled an online drug dealer must pay his entire $1.4 million Bitcoin (BTC) holdings to the state in what is reportedly Canada’s largest ever forfeiture, local daily news outlet The Star reported April 3.Matthew Phan, who dealt in illegal narcotics online, had tried to convince law enforcement he had amassed his…

Bitcoin (BTC) hit $9,000 on Jan. 17 as technical metrics continued to break both local and all-time records. Cryptocurrency market daily overview. Source: Coin360BTC clips $9,000 as traders lie in waitData from Coin360 and Cointelegraph Markets showed BTC/USD finally rising to the significant $9,000 boundary on Friday, following a bullish run-up overnight.At press time, a slight…

A direct listing is a more likely route for the digital currency exchange, CEO Jesse Powell says. His comments echo previous statements delivered to Cointelegraph. 783 Total views 9 Total shares Kraken, one of the world’s largest cryptocurrency exchanges, has tentative plans to go public next year, according to CEO Jesse Powell.Powell appeared on a…