US lawmaker doubles down on crypto promises after Trump win

A court has found Bit Trade offered a product without following design and distribution obligations and acted as a credit facility, in violation of Australian laws. 

The amount is likely understated as many of 3AC's borrowing details remain confidential. 155 Total views 2 Total shares According to Twitter user @DrSoldmanGachs, a self-proclaimed creditor of troubled Singaporean crypto hedge fund Three Arrows Capital (3AC), the now-defunct entity allegedly owes $2.8 billion in claims, as discovered through a recent 3AC creditors meeting. In…

What if this scammer is just pretending to be a hacker? 1281 Total views 34 Total shares The hacker claiming to be selling user databases from top hardware wallet manufacturers Ledger, Trezor, and KeepKey appears to actually be peddling bunk, according to SatoshiLabs.On May 24, cybercrime monitoring blog Under the Breach reported that a hacker…

The 25 basis point rate hike by the Federal Reserve on July 26 and the subsequent commentary by Fed Chair Jerome Powell failed to catapult Bitcoin (BTC) out of its range. This suggests that the event did not have any surprises and the outcome was already priced in by the markets.The crypto markets continued their…

From enterprise blockchain adoption to the rise of decentralized finance, it seems like the blockchain landscape is constantly evolving in different ways. While impressive, it’s important to understand how blockchain is being applied within various industries. In order to highlight blockchain’s current global impact, a Swiss blockchain investment firm, CV VC, is releasing a new…

The company also announced the launch of Kresus Connect, a Web3 portal for SuperApp. 41 Total views 1 Total shares Web3 developer KresusLabs announced the launch of Kresus Market, a curated marketplace that acts as a portal to Polygon projects, on Aug. 23. Unveiling The #Kresus Marketplace: A Curated Marketplace To Explore What Polygon Has to…

China’s state-backed tech workgroup has released its tenth crypto rankings report, placing Bitcoin (BTC) in 13th, while EOS (EOS) keeps its top spot. The monthly report was released by China’s Center for Information and Industry Development (CCID) on Feb. 26.Operating under China’s Ministry of Industry and Information Technology, CCID first launched its monthly crypto ratings…

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.  This week, the word “Evergrande” found its way into the vocabulary of every western investor. After years of watching the corporation’s football team on…