Phishing risks escalate as Celsius confirms client emails leaked
It is not the first time Celsius’ customer emails have been exploited and leaked online.
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The Federal Reserve’s pursuit of a ‘reverse wealth effect’ is undermining crypto
The Federal Reserve’s strategy to hike interest rates may continue, making it difficult for the crypto industry to bounce back. For crypto assets to become the hedge against inflation, the industry needs to explore ways to decouple crypto from traditional markets. Decentralized finance (DeFi) can perhaps offer a way out by breaking away from legacy…
Project takes off with $31.6M in alleged exit scam
On-chain detective ZachXBT believes that the project has “likely exit scammed” after bridging $31.6 million to multiple addresses on Tron and Ethereum. 516 Total views 6 Total shares A crypto project called Fintoch, which claimed to be backed by investment banking firm Morgan Stanley, seems to have taken off with almost $32 million of its…
Ethereum’s ‘London’ hardfork set to go live on testnets starting June 24th
Three Ethereum testnets now have a set date for the London hardfork, a key step towards a full mainnet implementation. 376 Total views 4 Total shares The hotly anticipated “London” Ethereum hardfork now has a set block height for three Ethereum testnets — a key penultimate step towards a full mainnet launch.In a blog post…
Breaking: Telegram CEO Pavel Durov allegedly arrested in France
Reports are trickling in via social media and mainstream news outlets, but so far, we haven’t seen any official confirmation.
Square’s $297M stake in Tidal could unlock DLT features, analyst says
Square’s majority stake in Jay-Z’s streaming service Tidal will potentially help artists grow their fan bases using blockchain technology, a Gartner analyst said. 1694 Total views 6 Total shares Square’s majority stake in Jay-Z’s streaming service Tidal could potentially result in some blockchain-related functionalities on the platform, according to one analyst.Avivah Litan, a technology analyst…
‘There’s a lot less land to go around’ — why White Rock established off-the-grid mining in Texas
“The U.S. is where the action is in terms of markets, so we plan to be in at least another couple of states as well as Texas with some diversified offering," said CEO Andy Long. 64 Total views 3 Total shares Amid many cryptocurrency mining firms in Texas scaling down operations to reduce the load…
Crypto community reacts to Biden’s proposed crypto tax reporting rules
Several prominent crypto commentators have criticized the new crypto tax reporting rules recently put forth by United States president Joe Biden. On Aug. 25, in an effort to catch crypto users avoiding taxes, the Internal Revenue Services (IRS) proposed brokers follow new rules for selling and trading digital assets. Brokers would use a new form to…
US lawmaker introduces bill for government-backed insurance of ‘qualified’ stablecoins
"For cryptocurrency to grow and thrive ... we must provide more direction and certainty to the marketplace ...,” said Josh Gottheimer. 519 Total views 21 Total shares House Financial Services Committee member and New Jersey Representative Josh Gottheimer has introduced legislation that would have the Federal Deposit Insurance Corporation back stablecoins in a manner similar…