Transak hit by data breach, 92K users exposed
Transak disclosed a data breach affecting over 92,000 users after a phishing attack compromised an employee’s laptop.
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UK Legislators urge caution in retail digital pound rollout
The committee’s report recommends imposing lower initial limits on the value of retail digital pounds to alleviate the risk of potential bank runs amid market instability. 223 Total views 5 Total shares British legislators are urging a careful stance regarding implementing a retail digital pound. They stress the importance of finding an equilibrium between technological
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Tether market cap surpasses $17 billion, fueling Bitcoin price rally
Bitcoin’s new highs come amid lots of new money pouring in via stablecoins. 5374 Total views 27 Total shares According to Tether’s official transparency data, the USDT market cap crossed a $17 billion mark for the first time, hitting over $17 billion in total assets.Tether’s market cap has been growing exponentially in 2020. As of…
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Zuckerberg Continues Tour of DC With Unproductive Meeting With Senator
Facebook’s CEO Mark Zuckerberg is continuing his planned meetings with policymakers in United States capital Washington D.C., to further discuss “future internet regulations,” most recently with Senator Josh Hawley.Zuckerberg meets Missouri senator Josh HawleyOn the afternoon of Sept. 19, U.S. Senator Josh Hawley took to Twitter to give an overview of a meeting today with…
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Stranded no more? Bitcoin miners could help solve Big Oil’s gas problem
The energy usage and environmental impact of Bitcoin (BTC) mining have been frowned upon and been under the scanner by various international financial institutions. The International Monetary Fund (IMF) mentions how Bitcoin mining consumes “vast amounts of computing power and electricity.”Bitcoin mining is an energy-consuming process, as it is a proof-of-work (PoW) blockchain network that…
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3 key metrics point to ‘up only season’ in altcoins — Analysts
The crypto market is recovering from this week’s brutal sell-off, and analysts say 3 key metrics suggest an altcoin season could be on the way.
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Fidelity reportedly amends Ether ETF S-1 filing, removes ETH staking
Fidelity's amended filing follows a U-turn from the SEC, as the regulator asked Ether ETF issuer to update their 19b-4 filings.
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Crypto-loving anti-vax group seeks like-minded talent to live in African ‘paradise’
It's unclear what role crypto may play in the community, given Tanzania's central bank banned digital assets in November 2019. 394 Total views 15 Total shares A group of people who have claimed they refuse to take any of the COVID-19 vaccines — at a time when the number of cases around the world is…
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Ethereum Could Soon Pump 100% to $260, According to Analysts
Several analysts have predicted big gains for the number two cryptocurrency by market cap, Ethereum, in the next few months. One even suggested a replay of his 100% surge prediction from early last year, in a tweet on Jan. 1.Falling wedges break upside 68% of the timeLast week, analyst Manu Naik pointed out that the…