Physical version of gold-backed token replaces Zimbabwe dollar

A half-billion dollar loan has been closed out, but multiple court cases grind on 3547 Total views 14 Total shares In a short statement today, Bitfinex — the sister company to centralized stablecoin Tether — announced that it has repaid Tether an outstanding loan balance of $550 million. This action fully closes out a larger…

The 2017 Bitcoin (BTC) bull run was led by retail traders, long-term crypto believers and Bitcoin whales. However, the tide turned in 2020 as institutional investors became the catalyst for the latest crypto bull run.However, data compiled by JPMorgan Chase shows that retail traders have made a strong comeback in the first quarter of this…

The Treasury admits there’s not much crypto-aided sanctions evasion going on, stablecoins attract regulatory attention, and a fourth futures-based BTC ETF secures approval. 141 Total views 2 Total shares Last week, there was a lot of regulatory talk about crypto-related risks. While this is very common in itself, some angles and proposed solutions to such…

On Tuesday, during a court hearing in Hillsborough Circuit Court, the “mastermind” of the Twitter hack pleaded not guilty. Graham Ivan Clark, the 17-year-old resident of Tampa, Florida, who is accused of leading the hack of several celebrity Twitter accounts pleaded not guilty to all allegations on Tuesday in Hillsborough Circuit Court.According to the report…

A Jan. 8 post published by the Ethereum Foundation (EF) revealed that developers are working on a new implementation of the Vyper compiler, due to “multiple serious bugs” in the existing version. The Vyperlang team responded by noting that existing Vyper smart contracts were not affected by these bugs.Vyper is an alternative programming language for…

The Senate of Hamburg has introduced the first comprehensive report on the development of blockchain activities in the city.Hamburg Senate expects the role of blockchain to increase in the coming yearsIn an official statement on July 23, the Hamburg authority stated that several blockchain initiatives have been piloted in the city as the senate expects…

Illicit activities related to crypto increased across the sector in 2022 despite an overall market downturn. According to a report published by blockchain intelligence firm TRM Labs on June 28, a combined $7.8 billion was paid to cryptocurrency pyramid and Ponzi schemes worldwide in 2022. In addition, another $1.5 billion in crypto was alleged by…

The trader was both lying to investors and using an unregistered derivatives strategy on BitMEX. 1249 Total views 8 Total shares United States authorities have brought criminal charges against a crypto trader whom they say defrauded investors out of over $5 million. The Department of Justice announced on Tuesday that it had arrested Jeremy Spence. Between 2017 and…