Pastor indicted for fraud over crypto scheme that came ‘in a dream’
Washington pastor Francier Obando Pinillo was charged with 26 counts of fraud and could spend up to 20 years behind bars.
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EU watchdog warns of offshore crypto risks under MiCA regulation
The European Securities and Markets Authority warns crypto companies operating globally of the potential risks that may arise while seeking authorization under MiCA.
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Centric Swap leads ‘Uptober’ after a swift 1,000% gain. Here’s why it could go higher
In the past few weeks, Centric Swap (CNS), a dual-token model that gives stakers a fixed hourly yield that “stabilizes over time as it self-regulates token supply to meet ongoing changes in demand,” has rallied more than 850% and still about 200% away from its previous all-time high.Data from Cointelegraph Markets Pro and TradingView shows…
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Bitcoin eyes third weekly close above $60K as Ethereum fuels new altcoin market cap record
ETH hits all-time highs, giving altcoins their moment in the spotlight as Bitcoin consolidates just below its "worst case scenario" monthly close target. 386 Total views 14 Total shares Bitcoin (BTC) preserved $61,000 into the weekend after “aggressive” buying on Coinbase sparked multi-day highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCoinbase BTC buyers step upData from…
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Scientists reverse-engineered the Luna flash crash using particle physics
Do Kwon: "95% are going to die [coins], but there's also entertainment in watching companies die too" 8 days ago. Ironic. pic.twitter.com/fEQMZIyd9a— Pedr (@EncryptedPedro) May 11, 2022 More than $40 billion in investor assets were lost in the crash between May 5 and May 13, 2022. Less than a year later, Do Kwon was arrested…
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HIVE Blockchain to expand mining operations with new Intel ASIC chips
The Bitcoin mining company is expanding to Texas with new custom-built 'greener' mining devices that will be powered by Intel Bonanza Mine chips. 111 Total views 18 Total shares Publicly traded crypto mining company HIVE Blockchain Technology has signed a deal to buy ASIC chips from semiconductor manufacturer Intel that will be used in their…
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‘Grams Are Not Investment’ Says Telegram, Subtly Denying SEC Jurisdiction
Telegram’s Gram, the native cryptocurrency for the Telegram Open Network (TON), is not an investment product, the firm stressed in a fresh public statement.In a Jan. 6 blog post, Telegram emphasized that Grams should not be associated with expectations for profits based on purchase or holding of the token. Such an expectation usually defines a…
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Curve Finance pools exploited in over $24M due to reentrancy vulnerability
Several stable pools on Curve Finance using Vyper were exploited on July 30. 352 Total views 2 Total shares Several stable pools on Curve Finance using Vyper were exploited on July 30, with losses reaching $24 million at the time of writing. According to Vyper, its 0.2.15, 0.2.16 and 0.3.0 versions are vulnerable to malfunctioning…
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Stablecoin Adoption Skyrockets in Rural South Korean Province
A South Korean county with a population of mostly elderly residents has seen a strong rise in stablecoin adoption. 1625 Total views 9 Total shares South Korea’s Buyeo County, located in the rural province of South Chungcheong, has been witnessing strong interest in a local blockchain-powered stablecoin since its creation in early 2019.According to a…