Penpie hacker launders 26% of $27M stolen funds in 12 hrs

California-based blockchain development firm Baton Systems has closed a $12 million Series A funding round led by Trinity Ventures.According to a Ledger Insights report published Sept. 2, the new funding will be used to scale Baton Systems’ blockchain-powered bank-to-bank payment solution. Interoperability with legacy systemsBaton Systems has reported that it already processes over $13 billion in…

Market analysts are attributing Bitcoin’s sudden surge above $19,000 to aggressive demand from financial institutions and leading companies in the United States. 1363 Total views 10 Total shares Analysts are pointing to demand from financial institutions and publicly listed companies as the primary forces behind BTC’s sudden re-test of its all-time highs.“The primary reason for…

Grayscale Investments managing director Michael Sonnenschein said that “Bitcoin itself has solidified its role as a store of value or as a digital gold.” In his conversations with institutional investors, Sonnenschein explained that he has seen a big change in the way they view Bitcoin. According to him, now, several institutional investors are looking to…

The CEO of GIVE Nation sees stablecoins as a gateway for companies like Facebook and JP Morgan to decentralized assets. 539 Total views 29 Total shares Speaking to attendees at Virtual Blockchain Week from her home in Kansas, Alyze Sam, co-author of a major guide to stablecoins, suggested stablecoins could be the key for big…

While key central bank figures in the West like Jerome Powell and Christine Lagarde appear to be procrastinating on the subject of central bank digital currencies, China continues to make significant progress.China’s digital currency electronic payment project, or DCEP, helmed by the country’s central bank, continues to draw significant private sector participation. From tech giants,…

Rumors continue to swirl suggesting the two-year legal battle between Ripple Labs and the United States Securities and Exchange Commission (SEC) may be coming to an end as early as this week, prompting the crypto community to weigh in on the matter. Speculation about the potential settlement appears to have come from a Dec. 10 ask-me-anything…

Fear over the Evergrande situation weighed heavily on equities markets and Bitcoin price, leading traders to expect a bounce in the $42,000 to $38,000 zone. 1348 Total views 21 Total shares The cryptocurrency market faced a fresh round of selling on Sept. 20 as global financial markets fell under pressure thanks to fears surrounding the…

The users can access the token-enabled playlists from Overlord, Fluf, Mooonbirds and Kingship with their NFT wallets. 473 Total views 11 Total shares Own this piece of history Collect this article as an NFTMusic streaming platform Spotify expands its Web3 efforts by testing token-enabled playlists in several key markets. Overlord, a Web3 gaming ecosystem, reported on Feb. 22…

A new weekly Bitcoin (BTC) candle opened at $9,327 on June 15, under a crucial resistance level at $9,400. Traders say the price of Bitcoin could fall to the $7,000s in the near term.Critical support levels in the short term are considered to be $9,200 and $9,000. If the price of Bitcoin falls both levels…