Trading platform Abra purchased Valkyrie’s crypto trusts: Report
Abra purchased the trusts amid a settlement with 25 US state regulators connected to financial licensing violations.
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Newly Discovered Ledger Wallet Vulnerability Could Be Disastrous if Not Fully Patched
Ledger has failed to fully fix a major vulnerability that allows for a “Bitcoin Fork” attack. A recent report contends that Ledger App has failed to fix a major vulnerability that allows for a “Bitcoin Fork” attack.Mo Nokhbeh claims Ledger’s wallet fails to properly isolate the apps responsible for authorizing the transactions of different assets.…
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Venezuelan Petro Payments May Be on the Rise
The government of Nicolas Maduro claims that 15% of fuel payments at petrol stations were made using the state-backed Petro token. 1732 Total views 35 Total shares The Venezuelan government announced on June 11 that almost 15% of all fuel payments at petrol stations across the country were made using the Petro (PTR). This rise…
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Bitcoin Price Dips Below $9K Amid Heavy Stock Market Futures Losses
Bearish moves for stocks appear in line with rumors of an incoming crash, with Bitcoin hitting its lowest levels in almost 3 weeks. 730 Total views 21 Total shares Bitcoin (BTC) dropped below $9,000 on June 15 as a new week produced fresh selling pressure across macro assets.Cryptocurrency market daily overview. Source: Coin360Bitcoin price tests…
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Layer-2 adoption could spur the next crypto turning point
A mysterious Redditor may turn out to be clairvoyant with predictions that layer-2 scaling solutions on Ethereum will take center stage in the coming months. 607 Total views 17 Total shares A mysterious Redditor has made a data-driven prediction that the next major phase of development in the blockchain space will be in layer-2 solutions,…
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Ethereum open interest hits $7.7B, raising the chance of a short squeeze above $1.5K
The Ether futures premium remains negative, while options markets are pricing similar risks for bulls and bears. 391 Total views 30 Total shares
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Sony Develops Blockchain Solution for Rights Management with Internal Partnerships
Japanese technology multinational Sony revealed it is working on a blockchain-powered extension of its digital rights management system Monday, Oct. 15. The project is a joint endeavor with both Sony Music Entertainment Japan and Sony Global Education.The as yet unnamed project — the commercialization of which is currently being “considered” — specifically targets “managing rights-related…
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Here’s why crypto companies need to focus on embedded finance
Personalized offers, financing loans, insurance, seamless payment and preferred payment mode were key features that came out as top priorities for customers. 207 Total views 5 Total shares Own this piece of history Collect this article as an NFTA new study by Decta highlighted the importance of embedded finance features in today’s fintech world. With…
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Google users think BTC is dead — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week above $20,000 but heading for a new bearish record as a key support level remains out of reach.After a calm weekend punctuated by a brief spike to near $22,000, BTC/USD is back near the Friday closing price of CME futures markets.A “round trip” thus allows traders to pick up…