Pike Finance clarifies ‘USDC vulnerability’ statement on $1.6M exploit

Traders say Bitcoin presents the “best buying opportunity” after BTC’s price rebounds toward the $57,000 level.

The Treasury Department guidelines equated crypto transactions to “deceptive or structured transactions or dealings” in attempting to evade U.S. sanctions. 553 Total views 2 Total shares The Treasury Department and reportedly the White House are warning U.S.-based companies and individuals not to facilitate crypto transactions sent to certain Russian nationals and banks.According to regulations from…

One of the latest episode of "The Simpsons" aired has just aired featuring Jim Parsons of Big Bang Theory appearing as a guest star to explain cryptocurrencies and how a blockchain works.In the song and dance predicts cryptocurrency to be the future money, the animated ledger states: "Each day I'm closer, to being the cash…

Lawmakers are reportedly planning to cut taxes on Bitcoin gains in half, possibly as early as 2022. 2876 Total views 12 Total shares Cryptocurrency investors in Hungary could be getting a major tax break very soon, as lawmakers seek to make the central European country more competitive in the wake of the Covid-19 pandemic.In a…

The U.S. Federal Reserve injected $168 billion into finance several days ago, which correlates to Bitcoin’s current falling price.“So long as the broader markets keep falling – expect the same out of Bitcoin,” Bill Herrmann, CEO of alternative investment firm Wilshire Phoenix told Cointelegraph as part of an explanation of the Fed’s recent actions.What’s going…

Russian government appears to anticipate crypto issuance to explode in 2021 following the adoption of its major crypto bill. 1319 Total views 10 Total shares The Russian government is anticipating more cryptocurrencies to be issued in the local market in 2021, according to a senior official.Anatoly Aksakov, a member of the Russian State Duma and…

Coinbase CEO Brian Armstrong is one of many crypto executives who prefers writing a blog to answering questions from mainstream journalists. 786 Total views 21 Total shares Coinbase chief executive Brian Armstrong says that company leaders are increasingly opting to avoid mainstream journalists by speaking directly to audiences on unmediated social media platforms.“Our customers are…

The file storage project has all the markings of a rugpull, but will investors be able to get their funds back? 2416 Total views 19 Total shares Turns out a turtle’s arms are plenty long enough to pull a rug. Yesterday, March 19 Binance Smart Chain (BSC) file storage project TurtleDex performed a “rugpull” exit scam…

The University of Tokyo, Japanese car manufacturer Toyota Motor Corporation and Japanese online renewable energy retailer Trende Inc. plan to jointly conduct tests for a blockchain-powered electricity system. The news was revealed in an official Toyota press release on May 23.The pilot, scheduled for June 17, will reportedly test a peer-to-peer electricity system that allows…