SEC crypto ‘overreach’ cost small investors $15B: John Deaton

Scammers hacked the official McDonald’s Instagram account to promote a sham memecoin based on the fast food giant’s mascot Grimace. 

Generating a yield on crypto is increasingly tricky. The Terra ecosystem implosion — where up to $50 billion was wiped out — led to a decline in decentralized finance (DeFi) protocols offering interest.At the other end of the table, centralized finance, or CeFi, where all processes are rooted through a central body, has endured a comparatively peaceful…

On Dec. 4, Bitcoin (BTC) fund operator Grayscale published the results of a study that showed 43% of respondents interested in BTC investments turned out to be women. Today, half of Binance’s employees are female — and in India, women make up the majority of crypto investors.Does this mean that gender equality has come to…

America’s largest cryptocurrency exchange, Coinbase, made headlines over the past few weeks for an internal culture change that effectively told employees that there will be no space for social activism within its walls. Furthermore, a recently leaked audio apparently reveals that most employees approve of the new direction.The “apolitical” stance that is being adopted by the…

The offices of Chinese initial coin offering (ICO) startup GXChain have reportedly been closed by the local police.On Sept. 11, Dovey Wan — founding partner of blockchain-based investment company Primitive Ventures — tweeted a photo of an office taped closed (presumably by Chinese police) and announced that GXChain “got clamped down by the Chinese police.”…

At least 68 Ethereum whales behaved differently than the majority of holders. 1495 Total views 14 Total shares During a 30% price drop at the beginning of September, at least 68 Ethereum whales joined the network, potentially adding millions in holdings. According to Crypto Twitter user Ali Martinez, data from analytics site Santiment shows the number…

The proliferation of the internet brought the world to the fingertips of users, and with it came a rush to register domains on the nascent network. Businesses like Amazon were born on the internet, while many others took their real-life business online by registering a website.Domain names remain an integral part of the internet, acting…

Bitcoin’s recent drop to $55,250 reclaimed an untouched demand zone from August, which may push prices for an immediate swing high at $58,000. 

Despite the COVID-19 pandemic, banks are reluctant to suggest alternative channels to their customers, says report. A recent study examined the response of the 15 leading North American banks to the COVID-19 pandemic. Researchers discovered that tellers only at three banks wore masks 100% of the time. Participants visited 700 bank branches across the continent belonging to…