US lawmaker doubles down on crypto promises after Trump win
With Republicans soon to have a majority in the US Senate, Cynthia Lummis said she plans to have lawmakers pass a bill to “build a strategic Bitcoin reserve.”
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Licensed Malaysian Crypto Exchange Integrates Market Surveillance System
As part of its license application process from the local regulator, Malaysian crypto exchange Tokenize integrated an external market surveillance system. 1921 Total views 37 Total shares Malaysian digital asset trading platform Tokenize Xchange announced that it will be deploying cryptocurrency market surveillance tools developed by the New York-based Solidus Labs. The firm says this will…

Nvidia Files Motion to Dismiss $1B Class Action Over Crypto GPU Sales
Nvidia has filed for the dismissal of a complaint alleging it fraudulently attributed over $1 billion in sales to gaming markets amid the 2017 crypto bubble. 1316 Total views 17 Total shares Major manufacturer of graphics processing units (GPUs) and computing hardware Nvidia has filed a motion to dismiss a proposed class-action lawsuit alleging that…

MakerDAO Governance Approves USDC Stablecoin as Collateral
The MakerDAO governance has approved the USD Coin (USDC) stablecoin as the third collateral type accepted in the Maker Protocol, according to a community post on March 17.The decision was put to an extraordinary executive vote outside of the usual weekly schedule, with the aim of urgently increasing Dai (DAI) liquidity following last week’s market…

Bitcoin balks as the Fed talks, DeFi surge continues: weekly recap
This week was quite eventful for crypto and traditional markets and investors will note that as central banks introduce new monetary expansion policy, Bitcoin (BTC) and altcoins have begun to forge their own path. Before reading the rundown, catch up on the most-read stories centered around the price of Bitcoin, the macroeconomic picture, and the DeFi…

Four Fake Cryptocurrency Wallets Found on Google Play Store
Malware researcher Lukas Stefanko has found four fake cryptocurrency wallets on the Google Play Store that were trying to steal users’ personal data, according to a blog post published Nov. 13.The apps were posing as cryptocurrency wallets for NEO, Tether and an extension for accessing Ethereum (ETH), MetaMask. They were purportedly designed to phish users’…

Voyager Digital files for Chapter 11 bankruptcy, proposes recovery plan
Days after pausing trading, withdrawals and deposits, crypto exchange Voyager Digital is filing for bankruptcy under Chapter 11 in the Southern District Court of New York.Voyager's Chapter 11 bankruptcy filing indicated that it is on the hook for anywhere from $1 billion to $10 billion in assets to more than 100,000 creditors.The troubled crypto exchange…

CEO of Telecoms Giant Swisscom’s Blockchain Unit Steps Down
The CEO of the blockchain advisory unit of Swiss state-owned telecommunications company Swisscom has unexpectedly left the firm, according to a press release on Swisscom’s website, Jan. 30.As major local news outlet Swissinfo reported the same day, news of Daniel Haudenschild’s reportedly sudden departure from Swisscom Blockchain came just a day before the executive accepted…

‘In the next three to five years, the DeFi industry will grow massively,’ says 1inch Network co-founder Anton Bukov
It’s only been two years since its founding, but decentralized exchange (DEX) protocol 1inch Network has already surpassed $85.8 billion in cumulative trading volume. At a May 2019 hackathon in New York City, 1inch co-founders Anton Bukov and Sergej Kunz developed a prototype DEX aggregator that became the basis of the network. DEX aggregators are platforms…