Revolut prevents $13.5M of ‘potential fraud transactions’ in crypto

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. Top Stories This Week The price of Bitcoin is facing its final resistance before $15,000 It’s been a (slightly) calmer week for Bitcoin — with the world’s biggest cryptocurrency managing to recover from the low $11,000’s in…

Investors looking to short Bitcoin (BTC) have a new option in Germany. On Feb. 25, Boerse Stuttgart — the country’s second-largest stock exchange — announced the listing of an exchange-traded product (ETP) that is inversely correlated to the cryptocurrency’s price swings.Hedging against all scenariosThe inverse ETP is issued by crypto fund manager 21Shares, formerly known…

Joseph Lubin, co-founder of major cryptocurrency Ethereum (ETH), declared that he is “calling the cryptobottom of 2018” in a tweet Dec. 21.According to Lubin, the crypto market’s bottom “is marked by an epic amount of fear, uncertainty, and doubt,” specifically from industry media and social commentators, which he refers to as “our friends in the…

The central bank is expected to set a direction for its future focus soon, particularly on various fintech verticals. 59 Total views 4 Total shares The Qatar Central Bank (QCB) is reportedly investigating the possibility of launching a digital currency and issuing digital bank licenses. According to the head of the fintech section at QCB, Alanood…

Japan’s Financial Services Agency (FSA) has denied that it is considering allowing Bitcoin (BTC) exchange-traded funds (ETFs), Cointelegraph Japan reports Jan. 9.As Cointelegraph reported Monday, Bloomberg has recently published an article claiming that Japan’s FSA is considering the approval of a Bitcoin ETF, citing an anonymous source. Following the reports, Cointelegraph Japan has contacted the…

Two threat analysts recently stumbled upon new Linux malware that keeps its cryptocurrency mining operations hidden.On Sept. 16, Augusto Remillano II and Jakub Urbanec revealed in a post on Trend Micro, a security intelligence blog, that they found new Linux malware. According to the analysts, this malware is particularly notable because of the way it…

Bitcoin traders in Zimbabwe and South Africa are seeing skyrocketing premiums on their bitcoin (BTC), according to a report from financial news outlet Fxstreet on July 2.Amid new capital controls in South Africa and Zimbabwe’s recent ban on local trading in foreign fiat currencies, local traders have reportedly seen asking prices of as high as…

The Sandbox launched a metaverse accelerator program aimed at developing potential startups. 366 Total views 3 Total shares Virtual world project The Sandbox announced its metaverse accelerator program that will push the development of the open metaverse by investing $50 million in startups. The Animoca Brands subsidiary is partnering with the venture accelerator firm Brinc…

Fox Corporation is diving deeper into the NFT ecosystem with its latest partnership. 147 Total views 280 Total shares U.S. mass media company Fox Corporation has made a strategic investment in digital content management firm Eluvio to help develop Fox’s nonfungible token business.An announcement on Aug. 25 reported that Fox Corporation's investment marks the completion…