Michael Dell’s Bitcoin post sparks massive BTC purchase speculations
Dell’s message on X follows his $2.1 billion cash out from his Dell Technologies Class C common stock holdings.
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Wallet Creator Offers $250K to Anyone Who Can Crack the ‘Hack-Proof’
Offline cold storage cryptocurrency wallet service provider GK8 is offering a bug bounty of up to $250,000 to the first person who can hack its product.GK8 — which presents its solution as a “hack-proof digital vault” that needs no direct or indirect connection to the internet — will place 14 Bitcoin (BTC) (over $125,000 at…

Proof of Stake Alliance updates recommendations for staking providers
The POSA updated its staking principles to say that providers should communicate clearly and not control the amount of liquidity a user must provide. 149 Total views 2 Total shares The Proof of Stake Alliance (POSA), a nonprofit organization that represents firms in the crypto staking industry, published an updated version of its “staking principles”

Iran Soon to Unveil Cryptocurrency With Aim to Skirt US and SWIFT: Source
Iran could unveil its state-backed cryptocurrency at the Electronic Banking and Payment Systems conference in Tehran this week, local English-language news outlet Al Jazeera reported on Jan. 27.Iran, which has faced fresh sanctions from the United States since November, had previously planned to use blockchain-based financial tools as a way of sidestepping restrictions on its…

Tornado Cash verdict has chilling implications for crypto industry
The conviction of Tornado Cash developer Alexey Pertsev reinforces a very broad interpretation of criminal liability, which has major repercussions for blockchain.

Crypto and blockchain will outpace outdated banking systems: Eric Trump
Eric Trump thinks that the new administration led by his father will create transparent and sensible regulation for the crypto industry.

Tuesday Shows Bloodbath for Altcoins, Up to 34% Losses on Top-20 coins
Altcoins prices are bleeding heavily, with some of the top-20 coins showing losses of more than 34% on the day.Cryptocurrency market daily overview. Source: Coin360The last few hours have been nothing but pain for the entire crypto market. Major coins are experiencing double-digit losses, with Bitcoin SV (BSV) taking the not-so-desirable lead with a massive hit…

CZ Slams IPOs at BlockDown 2020 Conference
Binance CEO Changpeng Zhao criticized venture capital fundraising while speaking at the BlockDown 2020. 1242 Total views 53 Total shares Binance founder and chief executive, Changpeng Zhao, took aim at initial public offerings, or IPOs, and venture capital fundraising while speaking at the recent BlockDown 2020 conference.Despite the recent decline in crypto investment, Changpeng Zhao,…

Lightning Startup Zap Raises $3.5M From Investors Including Morgan Creek
Zap, the crypto wallet which allows users to purchase Bitcoin instantly via the Lightning Network, raised $3.5M in April, filings show. Zap, the Lightning startup behind a non-custodial Bitcoin wallet, has raised $3.5 million in a seed round in April.As reported by Forbes on July 15, previously undiscovered filings by the U.S. Securities and Exchanges…