Robinhood to pay $45M in civil penalties to settle SEC charges

Bitcoin (BTC) and the cryptocurrency market had a shakeout this week as the fake news surrounding Litecoin (LTC) caused a spike in volatility. However, the structure of the market didn’t change. In fact, Bitcoin’s price might be bottoming out as a Golden Cross is starting to form.Next to that, the exchange reserves are hitting record…

Christopher Wood, the global head of equity strategy at Jefferies, has dumped five percent of their physical gold position in order to buy Bitcoin (BTC). This move shows that a growing number of institutional investors consider Bitcoin to be at par or a better store of value than gold.Wood also said that if Bitcoin were…

The number of Bitcoin (BTC) wallet addresses holding a minimum of 10 BTC — worth over $100,000 to press time —  has hit an all-time high, multiple data sources reveal.According to BitInfoCharts’ Bitcoin Rich List, as of Sept. 17, there are 157,210 addresses holding between 10 and 1,000,000 BTC. Earlier this month, Coin Metrics’ State of…

A flaw in an upgrade to the ICON blockchain in 2020 allowed a user to repeatedly mint millions of ICX tokens. 230 Total views 132 Total shares A cryptocurrency enthusiast who exploited a bug in the ICON network to mint a large amount of its native ICX token can pursue entitlement claims according to a…

As in most technical domains, evolution in the crypto industry moves in waves. The first wave was the building of layer-one blockchain solutions and infrastructures like Bitcoin (BTC) and Ether (ETH). The second wave was the ICO boom. As this draws to an end, there have been multiple speculations on what the next wave in…

Renowned researcher believes that Satoshi was altruistic and thus will never spend his 1.1 Bitcoins, making it the fairest asset. 2159 Total views 42 Total shares The researcher who identified 1.1 million Bitcoins (BTC) that Satoshi Nakamoto mined, said that his research makes him believe that Satoshi was altruistic and will never spend his coins.Sergio…

Amber Group secured a $200 million investment which has resulted in a 3x increase in its valuation since last summer. 271 Total views 4 Total shares Crypto finance service provider Amber has landed a valuation of $3 billion following a funding round led by Singaporean state-owned investment firm Temasek Holdings. Amber Group was able to raise…

As the United States continues to actively embrace blockchain, more new blockchain-powered products supported by national organizations continue to mature.CULedger, a major fintech firm coordinated by an American national trade association, has commercially launched its blockchain identity platform.Formerly known as MyCUID, CULedger’s blockchain-based identity verification solution MemberPass is now commercially available after a successful pilot…