Li.Fi releases incident report following $11M hack

Cryptocurrency exchange Binance has announced the launch of the eighth phase of its lending product on Oct. 7.In this phase, Binance will start offering 14-day fixed-term lending products. The subscribers will be accepted on a first-come, first-served basis. The subscription period begins on Oct. 10 and ends on Nov.10, while interest will be paid immediately…

Jason Urban, co-head of Galaxy Digital Trading thinks institutional adoption of crypto is in its early days and predicts BTC is set to reach new all-time highs once the FUD dissipates. 796 Total views 4 Total shares Senior traders from Galaxy Digital and Alameda Research are predicting the crypto market is set to recover once…

“This latest attestation further highlights that Tether is fully backed and that the composition of its reserves is strong, conservative and liquid," said Paolo Ardoino. 156 Total views 3 Total shares USDT Stablecoin issuer Tether has reported it cut its reserves allocation to commercial paper investments and increased that of United States Treasury bills over…

The trading platform is reportedly concerned that the veteran meme stock trader could use his influence to pump his own GameStop holdings.

Germany’s major state-owned bank KfW and Burkina Faso’s Ministry of Finance will test a blockchain application for use in public financial management, according to a statement posted Monday, Dec. 17.KfQ, ranked in 2017 as the country’s third largest bank by total assets, had also previously signed an agreement with the Burkinabe government in June 2018,…

Tech developers looking for a new challenge may well be turning their attention to blockchain. The space is still fresh enough that a newcomer can get in on the ground floor of exciting new developments and take their place among industry pioneers. However, devs who are used to being “tech gurus” may hesitate at the…

UNICEF, the United Nations Children's Fund, has launched a cryptocurrency fund to support open source technology “benefiting children and young people around the world.”According to the official announcement published on Oct. 8, UNICEF thus became the first U.N. organization “to hold and make transactions in cryptocurrency,” namely Bitcoin (BTC) and Ether (ETH). UNICEF executive director…

Sam Bankman-Fried’s father reportedly advised his son on matters related to lobbying lawmakers in Washington D.C. and may now be cooperating with prosecutors. 504 Total views 20 Total shares Own this piece of history Collect this article as an NFTJoseph Bankman, the father of former FTX chief executive officer Sam Bankman-Fried, has reportedly hired an…