Telegram CEO Pavel Durov’s arrest has worrying implications for crypto
Crypto community members fear that Durov’s arrest may lead to stricter controls on decentralized technology.
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Ethereum sell-off fears rise as crypto hedge fund moves $60M ETH to an exchange
Ethereum's native token Ether (ETH) rose by more than 5% to reach its intraday high above $1,930 on May 30. Nonetheless, the ETH/USD pair risks facing another sell-off round due to concerns about a massive ETH inflow into an exchange.58.7K Ether transferred to FTX in MayOn May 30, the Ether address allegedly associated with Three…
Ramp, builder of crypto payment rails, raises $70M
The company is building payment rails that could make crypto purchases as ubiquitous as Paypal transactions. 450 Total views 3 Total shares Crypto-focused fintech company Ramp has raised $70 million in venture capital, upping its pledge to continue building a unified payment experience for digital assets. The Series B investment round was co-led by venture firms…
Lightning Labs launches rebranded ‘Taro’ amid Bitcoin’s BRC-20 bottleneck
Lightning Labs have unveiled a new solution to the clunky process for minting new assets on the Bitcoin network. 414 Total views 2 Total shares Bitcoin (BTC) users have been given a possibly more efficient way to mint new assets on the blockchain aft an updated edition of the recently-rebranded Taproot Assets Protocol was released…
Bitcoin jumps toward $49K amid fears 5%-plus inflation is here to stay
Bitcoin (BTC) inched higher on Sept. 18 as the focus shifted to the Federal Open Market Committee's (FOMC) policy meeting in the wake of lower inflation numbers last Tuesday.The BTC/USD exchange rate approached $49,000 on the Coinbase exchange, hitting $48,825 before turning lower on interim profit-taking sentiment. Nonetheless, the move uphill raised expectations that the…
Bitcoin is new gold for millennials, Wharton finance professor says
Gold disappointed investors in 2021 as a traditional hedge against inflation, seeing its worst year since 2015. 832 Total views 35 Total shares Bitcoin (BTC), the world’s most-valued cryptocurrency, has replaced gold as an inflation hedge for young investors, according to Wharton’s finance professor.Gold’s performance was “disappointing” in 2021, Wharton School finance professor Jeremy Siegel…
Bail Bloc Founder Says How Monero Mining Can Help ICE Detainees
One cryptocurrency project is using Monero (XMR) to give undocumented immigrants a better shot at a fair treatment in the United States judicial system.The Bail Bloc project collects cryptocurrency to help people get out of pretrial incarceration for cases with the United States Immigration and Customs Enforcement (ICE). Unlike conventional charities, Bail Bloc doesn’t want…
Report: Thai SEC Approves Country’s First ICO Portal
Thailand’s securities regulator has approved the first initial coin offering (ICO) portal in the country, local daily news outlet the Bangkok Post reported on March 12.The Thai Securities and Exchange Commission's (SEC) board of directors has reportedly authorized the first ICO portal that allows to screen ICOs, perform due diligence, confirm smart contract source codes…
Dev finds major governance bug in SushiSwap, but no threat to the project yet
A massive bug cannot be exploited yet as pool migration is set to continue. SushiSwap appears to be vulnerable from a sneaky bug that could multiply someone’s governance power without having to acquire new tokens.Reported by developer Jong Seok Park on Sept. 7, the bug can be described as a governance double-spend.In essence, SushiSwap governance…