Mt Gox Creditors Are Preparing to Claim for Bitcoin Repayments

Bitcoin's price dropped to 19-day lows below $7,000 and created a doji candle on Sunday, signaling indecision in the marketplace.

At least five BitTorrent employees have left BitTorrent due to disagreements related to its acquisition by Tron founder Justin Sun.

news Overstock.com’s investment wing, Medici Ventures, has successfully purchased digital tokens representing 3.6 million shares from Chainstone Labs, a digital securities company. The shares represents Medicis’s 29.6 percent stake in the startup, worth $3.6 million. They mark Chainstone’s first step in venturing into the security token market, which itself is in the inception phase. Medici is…

Oct 23, 2020 at 10:51 UTC(ggTravelDiary/Shutterstock)CME’s Rise in Bitcoin Futures Rankings Signals Growing Institutional InterestIn sign of increased institutional participation in cryptocurrency, the Chicago Mercantile Exchange (CME) has surpassed prominent cryptocurrency exchanges to become the second-biggest bitcoin futures platform by number of open contracts.As of Thursday, bitcoin futures contracts worth $790 million were open on…

Myanmar’s shadow government, the National Unity Government (NUG), is set to start a neobank, which will run on Polygon and do currency swaps via Uniswap v3 pools and USDT stablecoins.The bank plans to offer users currency swap, fixed deposits and prize-linked savings account services. Its web-based app will have a beta launch on July 22,…

Oct 31, 2020 at 14:31 UTC(Łukasz Nieścioruk/Unsplash)Crypto Is Less Scary Than HalloweenIt’s October, and if you’re at all like me you’re listening to ghost story podcasts, watching scary movies and jumping whenever things go bump in the night. When I tell people that I work in cryptocurrency, people often ask me questions straight out of…

Exploiting DeFi protocols has long become crypto’s most popular type of crime, while traditional exchange hacks have become far less frequent. But cybercriminals haven’t lost all interest in the good old digital robbery.The recent hack of a crypto payment processor CoinsPaid shows that the most industrious cybercriminal groups in the world are still willing to…

A "vulnerability" is created every time criminals convert from cryptocurrency to government-issued ones, an official with U.S. Immigration and Customs Enforcement said Tuesday. Matthew Allen, an assistant director of domestic operations with the Homeland Security Investigations (HSI) division of ICE, discussed the role of cryptocurrencies in drug trafficking during an October 3 hearing before the…

This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesPrices FMA Nov. 10 (CoinDesk)Top StoriesBlackRock wants to create an ETF that holds Ethereum's ether (ETH), a plan that deepens the world's largest asset manager's commitment to