Vitalik Buterin moves $8M Ether to new wallet — Possible donation ahead?
The Ethereum co-founder has a history of making billion-dollar cryptocurrency donations.
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Democratic senators chide Fidelity Investments for BTC-exposed retirement funds
Crypto critic Elizabeth Warren and two colleagues write to the Fidelity CEO again to express their displeasure with crypto-exposed 401(k) offerings. 802 Total views 51 Total shares Three United States senators have written to Fidelity Investments CEO Abigail Johnson demanding an explanation for the financial services company’s decision to include Bitcoin-exposed funds in its 401(k)…
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South Korea: Four ‘Young’ Hackers Booked in Cryptojacking Case Targeting Over 6,000 PCs
Four “young” hackers have been arrested in a cryptojacking case involving over 6,000 computers in what is allegedly South Korea’s “first” known case of its kind, Korean English-language news outlet Aju Daily reports Nov. 8.Cryptojacking is the practice of using a computer’s processing power to mine for cryptocurrencies without the owner’s consent or knowledge.Aju Daily…
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Crypto Lenders Are Cashing In on the Crypto Bear Market
Lenders in the cryptocurrency industry are reportedly weathering the recent crypto bear market better than others, Bloomberg reported on Jan. 2.According to Bloomberg, creditors that offer their services in the cryptocurrency industry are “finding strong demand from borrowers who don’t want to sell their virtual coins at depressed prices, as well as from big investors…
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South Korea Brings Blockchain to Healthcare, but That’s Just the Start
The government of South Korea is trying its best to adopt blockchain technology in various industries. The country’s central bank is reviewing the use of a central bank digital currency, and various government ministries want to adopt decentralized identification features within their current systems. Hospitals, pharmaceutical companies and research centers are also looking at blockchain…
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Bank of Japan to trial digital yen with three megabanks
The Japanese central bank plans to make a decision on whether to issue a digital currency by 2026. 544 Total views 2 Total shares Despite Japan’s uncertainty on whether to issue a central bank digital currency (CBDC), the Bank of Japan (BoJ) continues experimenting with a potential digital yen.The Japanese central bank has started a…
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Widow of QuadrigaCX Founder Hands Over $9 Million in Assets to Users
The widow of QuadrigaCX founder Gerald Cotten, Jennifer Robertson, is handing over $9 million in assets to the users of the now-defunct crypto exchange.Robertson returns most of her assetsOn Oct. 7, Jennifer Robertson announced in a personal statement, posted by Coindesk, that she would be transferring the vast majority of estate assets — previously valued around $9 million —…
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2022 trial date set for Tether’s accused ‘shadow banker’ Reggie Fowler
Former NFL team owner and alleged “shadow bank” operator Reggie Fowler is not engaged in any plea negotiations and the trial against him is set to begin early next year. 324 Total views 94 Total shares A 2022 trial date has been set for former NFL team owner and alleged "shadow banker" Reggie Fowler. Fowler…
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Rise of Web3: Metaverse tokens surge as Meta’s share price plunges
Meta Platforms, the parent company of Facebook, saw the largest single-day slide in market value for a U.S. company ever with a 26% fall in share prices on Thursday after the tech giant revealed disappointing earnings and a decline in daily active users. Meta famously changed its name from Facebook in late 2021, to signal…