SEC’s ETF decision means ETH and ’a lot’ of other tokens are not securities
That doesn’t mean the securities regulator can’t still pursue action against actors in the staking domain, industry analysts and lawyers warn.
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Lodestar Finance exploited in flash loan attack
The main vulnerability behind the attack was within GLP oracle and how it conducts its price. 1474 Total views 8 Total shares Own this piece of crypto history Collect this article as NFTArbitrum-based lending protocol Lodestar Finance was exploited in a flash loan attack on Dec. 10. According to Lodestar, the attacker manipulated the price…
Andrew Yang Will ‘Literally Give Everybody Money’ — Like OneCoin Did
Bitcoin (BTC) proponents are criticizing United States presidential candidate Andrew Yang after he claimed he was “literally trying to give everybody money.”In an ongoing Twitter debate which Yang started on Nov. 16, Bitcoiners took the presidential hopeful to task over his policy of paying a form of universal basic income (UBI) to all U.S. citizens.Bitcoiners…
Russian Police Arrest Alleged Creator of Large Crypto Pyramid Scheme From Kazakhstan
Police in Russia have arrested an alleged creator of a crypto pyramid scheme from Kazakhstan who was facing an international arrest warrant, Russia’s Ministry of Internal Affairs (MOI) officially reported on May 28.The unnamed detainee is reportedly accused of defrauding investors using a scam crypto scheme promising high returns from crypto investments, involving a group…
Africa: Central Bank of Malawi Says Crypto Is Not Legal Tender, Warns of Trading Risks
The central bank of Malawi announced that crypto is not legal in the country and that the institution is against crypto-related activities, local news agency Nyasa Times reports on May 27.The Reserve Bank of Malawi (RBM) has stated that cryptocurrencies are not legal tender in Malawi and do not represent a substitute to the Malawi…
The singularity: How AI could become the final boss whale of crypto
World-renowned futurist Ray Kurzweil says the singularity is coming sooner than expected.
South Korean Universities Partner to Create Blockchain Campus With In-House Crypto
Two South Korean universities will develop an entire Blockchain Campus with its own cryptocurrency, local English-language daily news outlet Business Korea reported on April 3.Yonsei University, which already has an active blockchain community, will partner with Pohang University of Science and Technology (Postech) for the initiative, which should launch in the second half of 2019.A…
Buy Bitcoin Before Next Bull Run in H2 2019, Fundstrat Analyst Advises
Bitcoin’s (BTC) price may pull back soon, but investors should leverage it to buy more, Bloomberg quoted market strategy firm Fundstrat Global Advisors as saying on May 3.In a note to clients on May 2, Fundstrat analyst Robert Sluymer said that while bitcoin’s current strength marks the start of a longer-term bullish trend, the accumulation…
Crypto Is Next Step in Currency Evolution but Must Adapt to Succeed
As the human race evolves, our means of exchanging value also continuously develops. From the barter system that dates back to 6,000 B.C. to the present-day use of fiat currency, the human race has been on a nonstop journey toward creating more efficient exchange methods. Factors such as convenience, availability, stability and sustainability have played…