Scammer returns $9.3M DAI to victim 10 months after phishing them

The Bitcoin (BTC) price increased from $7,700 to $9,500 overnight, increasing by 23%, according to Coinmarketcap, in less than 24 hours. The three main factors that catalyzed Bitcoin’s recent rally are record-high spot exchange volume, a breakout above historical resistance levels, and a noticeable rise in institutional demand.Spot exchanges drove Bitcoin to $9,500, not the futures…

WeBank is the only bank ranked in the top 10 Global Banking Patents Rankings. 1017 Total views 35 Total shares China-based digital bank, WeBank, rose to third place for number of Blockchain patents filed globally in 2019. Alibaba and Tencent took the first and second places respectively.According to the report published on April 24, the…

One of the most enduring cryptocurrency-related narratives revolves around the search of crypto’s definition as an asset class. Is Bitcoin (BTC) more of a digital currency or digital gold? Do its unique properties warrant viewing it as something completely distinct from the established categories of financial instruments? A recently published report by JPMorgan Chase’s strategists…

Mattereum and William Shatner’s Third Millenia are collaborating to combat counterfeiting in the expanding nonfungible token space. 2455 Total views 17 Total shares Blockchain authentication outfit Third Millenia — founded by science fiction icon William Shatner — has partnered with Mattereum, a London-based “digital twin” trading platform, to launch an initiative focused on nonfungible token…

Ethereum (ETH) has enjoyed a good run so far in 2021, with its value increasing from about $1,300 at the beginning of the year, to nearly $4,000 in May. However, Ethereum’s price aside, consistent problems on the Ethereum blockchain have brought to light the anger of traders and decentralized application (DApp) developers on the Ethereum…

It’s been nearly eight months since the Financial Action Task Force issued its divisive crypto directives, establishing traditional banking regulations within the crypto sector. With the year-long adoption deadline fast approaching, how have the world’s regulatory authorities responded to the guidelines so far?The FATF — an intergovernmental organization tasked with combating money laundering — found…

While the state is eager to become the global hub for Bitcoin mining operations, residents are concerned that the power grid will not be able to handle the load. 455 Total views 14 Total shares As the state of Texas faces a rapid influx of Bitcoin mining operations, its electrical infrastructure will have to support…

Bitcoin is not protected by Chinese law, a Fujian court reportedly rules — but other Chinese courts seem to have a different view. 789 Total views 19 Total shares As a virtual commodity, Bitcoin (BTC) cannot be protected by the Chinese law, a court in Fujian province reportedly ruled on May 13.Fujian court dismisses a…

Bitcoin posted a classic "Uptober," but risk assets across the board risk a serious contraction, forecasts warn. 332 Total views 1 Total shares Bitcoin (BTC) will “reassert” itself to deliver over 100% annual BTC price gains, says one of the crypto industry’s major proponents.In an interview with CNBC airing Oct. 5 and published Oct. 31