Mt. Gox moves $2.7B in Bitcoin to new wallet address
One of Mt. Gox’s cold wallets just transferred more than 47,000 BTC to an unknown wallet address amid a plan to begin repaying its creditors.
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PayPal is Hiring Crypto Engineers Amid Rumors of Bitcoin Integration
There are two public-facing job listings for crypto pros to go to work for PayPal. 1009 Total views 64 Total shares PayPal is hiring crypto and blockchain experts amid rumors that the global payment platform will enable direct cryptocurrency purchases for its 305 million users. The job descriptions they’re hiring for are publicly available on…
Bitcoin price can ‘easily’ hit $20K in next 4 months — Philip Swift
Bitcoin (BTC) is done with its bear market, but the coming months may see a return to $20,000.That is the outlook for Philip Swift, a veteran Bitcoin market analyst who co-founded trading suite Decentrader and data resource Look Into Bitcoin.In his latest interview with Cointelegraph, Swift takes a look at what the near to long-term…
Brazilian Congress puts Binance CEO CZ in crosshairs for indictment
A Brazilian congressional committee has recommended local law enforcement move to indict Binance CEO Changpeng “CZ” and three other Binance executives following a probe into financial pyramid schemes in Brazil.On Oct. 10 the committee released a 500-page final report accusing Zhao and local Binance executives Daniel Mangabeira, Guilherme Haddad Nazar and Thiago Carvalho of fraudulent
U.S. is not moving fast enough to develop a CBDC, says former CFTC chair
“We should act now to improve access to financial services through other means as well — the need is too great," said Tim Massad. 341 Total views 79 Total shares Tim Massad, who served as chair of the Commodity Futures Trading Commission until 2017, said the United States is too slow in developing a plan…
Crypto losses reach $1.19B in H1 2024: CertiK calls for better security
The CertiK report shows that phishing attacks led to nearly $498 million in losses, emphasizing the urgent need for enhanced security measures like 2FA.
Crypto scams fall 65% after gullible noobs exit the market: Chainalysis
Less gullible retail investors and falling asset prices have made scamming a less enticing endeavor, but the tsunami of new DeFi applications has hackers licking their lips. 585 Total views 11 Total shares Fewer people have fallen victim to cryptocurrency scams in 2022 so far due to falling asset prices and the exit of inexperienced…
CoinFund debuts $83M crypto startup fund
“Blockchain-based networks will be distributed to billions of people globally through digital wallets,” said CoinFund CIO Alex Felix. “We’ve consistently positioned early in three core areas: verticals with early traction, the technology innovations that come next and the infrastructure on which they are built.” CoinFund, a blockchain investment firm behind several recent venture raises, has…
Ukraine’s president signs law establishing regulatory framework for crypto
The country's National Securities and Stock Market Commission will determine policies on digital assets, issue licenses to crypto firms and act as a financial watchdog 1175 Total views 31 Total shares Volodymyr Zelenskyy, the president of Ukraine currently based in Kyiv, has signed a law establishing a legal framework for the country to operate a…