Mt. Gox prepares for repayments on Bitstamp, executes test transactions
Another wave of Bitcoin could be flooding the market as Mt. Gox prepares to continue creditor repayments. Will 99% of the Mt. Gox creditors really sell their Bitcoin?
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This month’s Ethereum options expiry suggests ETH’s upside is limited
To date, Ether (ETH) price has gained 85% in 2021, and options traders are still highly optimistic about the altcoin's short-term performance. The upcoming March 26 expiry holds over 96,000 ($172 million) call option contracts open interest between $2,240 and $3,520. Does a 25% or higher gain correctly reflect the current market sentiment, or are…
T-Mobile sued by victim who lost $450K in Bitcoin in SIM swap attack
The wireless carrier is accused of failing to protect its customers from SIM swappers' lucrative heists. 384 Total views 1 Total shares Telecoms provider T-Mobile has become the latest corporate name to come under fire for its alleged negligence and failure to protect customer information, which indirectly enabled a "SIM swap attack" that led to…
R3 CEO: Facebook’s Announcement of Libra Was ‘Ridiculously Stupid’
CEO of blockchain firm R3 has ridiculed the way Facebook introduced its yet-to-be-released Libra stablecoin.Skepticism surrounding Facebook’s forthcoming Libra stablecoin continues growing as David Rutter, the CEO of enterprise software firm R3, said that the announcement of Libra this summer was “ridiculously stupid,” Financial News reported on Nov. 18.“Really naïve”Rutter delivered comments during a recent…
Crypto Custodian BitGo Hires Former Xapo Vice-President as CRO
Digital asset trust and security company BitGo has appointed wallet provider Xapo’s former senior vice-president Pete Najarian as its new chief revenue officer (CRO).As finance-focused media outlet Finance Magnates reported on Aug. 19, Najarian will now serve as BitGo’s CRO, reporting to the company’s chief executive officer Mike Belshe. Commenting on the appointment, Belshe said:“Pete…
Netherlands: Police Arrest Founder of Blockchain Startup That Raised Over $80M
Dutch police have arrested the founder of blockchain game development startup Komodore64 that allegedly raised 78 million euros ($86 million) from investors, business-focused news outlet Sprout reported on Nov. Komodore64 — which launched in June with the objective to create a game platform where transactions are tracked on blockchain — appeared to be a fraudulent scheme…
3 reasons Enjin Coin price surged by over 30% in a single day
ENJ, the native token of the Enjin blockchain ecosystem, is up 31% in the last 24 hours for three key reasons. 3660 Total views 32 Total shares The price of Enjin, the native token of the blockchain gaming and NFT-focused project, has surged by more than 30% in the last 24 hours.There are three major…
After exploit, Warp Finance compensation plan takes promising strides
In a promising sign for the DeFi space, another project devotes itself to complete user compensation following an exploit 445 Total views 13 Total shares In a blog post on Saturday night, Warp Finance — the latest decentralized finance (DeFi) protocol to suffer a smart contract exploit — announced promising strides towards recompensating users following…
Uniswap reveals assets ahead of fee mechanism vote
During the first quarter, the foundation committed $4.34 million in new grants and disbursed $2.79 million in previously committed grants.