Turnover at SEC continues as Lizárraga announces January exit
On the heels of Chair Gary Gensler’s resignation, SEC Commissioner Jaime Lizárraga has also decided to step down from his role at the agency.
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Electrum Faces Another Fake Wallet Attack, Users Reported to Lose Millions of Dollars
Bitcoin (BTC) wallet service Electrum is facing an ongoing Denial-of-Service (DoS) attack on its servers, the company reported on Twitter on April 7.According to tech news website The Next Web, the new attack has caused users to lose estimatedly millions of dollars to date, with a single person alone reportedly losing about $140,000.The ongoing DoS…

Founder of Romanian Crypto Exchange Coinflux to Be Extradited to US on Multiple Allegations
Nistor Vlad Călin, the founder of Romanian crypto exchange Coinflux, will be extradited to the United States, local media company Mediafax reports Jan. 4.As Cointelegraph reported in December, Călin was arrested earlier on a warrant from the U.S. for organized crime, money laundering and fraud allegedly conducted through his cryptocurrency exchange.Călin has been reportedly arrested…

$3B flows to Metaverse and Web3 gaming this month as A16z’s tips in $600M
“GAMES FUND ONE” will invest in game studios, consumer apps and game infrastructure providers with a16z saying the industry has “solved many of the problems” needed to make a Metaverse. 511 Total views 35 Total shares Venture capital firm Andreessen Horowitz (a16z) has launched a $600 million fund dedicated to gaming startups with a focus…

Riot Blockchain Cites COVID-19 Disruption Risks on SEC Form 10-K
Nasdaq-listed cryptocurrency mining firm, Riot Blockchain, filed its Form 10-K annual report to the United States Securities and Exchange Commission (SEC), March 25.Among a long list of other potential risk factors to the business, the report assesses the potential disruptions due to the COVID-19 pandemic.COVID-19 will affect cryptocurrency mining businessAs part of the Form 10-K…

TrustToken Partners With Binance to Enable In-Exchange TUSD Minting and Redeeming
TrustToken, the stablecoin operator behind usd-pegged token trueusd (TUSD), announced a partnership with major cryptocurrency exchange Binance in a press release shared with Cointelegraph on June 4.Per the release, as a result of the partnership, Binance users now will be able to buy TUSD for zero fees and redeem it for fiat currency.A TrustToken representative…

Moonbirds creator Kevin Rose loses $1.1M+ in NFTs after 1 wrong move
Kevin Rose, the co-founder of the nonfungible token (NFT) collection Moonbirds, has fallen victim to a phishing scam leading to more than $1.1 million worth of his personal NFTs stolen.The NFT creator and PROOF co-founder shared the news with his 1.6 million Twitter followers on Jan. 25 asking them to avoid buying any Squiggles NFTs…

ING Bank Proposes Security and Privacy Trade-Off for Corda Blockchain
ING announced that researchers at the financial services firm have solved a security and privacy issue on blockchain software firm R3’s Corda blockchain.On Oct. 23, ING’s distributed ledger technology team presented its white paper, called “Solutions for the Corda security and privacy trade-off: having your cake and eating it,” where it reportedly found a solution…

Motley Fool adding $5M in Bitcoin to its ‘10X portfolio’ — has a $500K price target
“We plan to hold this Bitcoin investment for many years and we'll wait for all of our members in our new 10X service to be able to buy before we do.” 1702 Total views 10 Total shares Financial and investment advisory giant The Motley Fool has announced it will invest $5 million into Bitcoin with…