WazirX launches fair fund recovery plan post $230M hack
Drawing lessons from past incidents such as the Mt. Gox and Bitfinex hacks, WazirX aims to apply the best practices from these cases to ensure a fair and efficient resolution.
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Bitcoin price turns shaky ahead of potential Fed rate cut and weak global economic data
Bitcoin price wobbles near $58,000 as uncertainty over the Fed’s monetary policy decision looms and traders eyeball weak economic data in China.
WEF 2022: Bitcoin should be seen from an innovation perspective, says Miami mayor
Francis Suarez reminded people that volatility plays an equal role when the market is going up, but the concerns only come up during bear markets. 250 Total views 5 Total shares Miami mayor Francis Suarez believes that Bitcoin (BTC) should be seen from an innovation perspective rather than just as an investment asset.Suarez’s comments came…
Price Analysis 5/1: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, XLM
The total crypto market capitalization has jumped from about $198 billion on April 22 to over $263 billion on April 30. This 32% rally in roughly eight days shows that investor sentiment is bullish. While this is a positive sign, the problem is that most people expect a repeat of the previous bull run. But…
Here’s why Bitcoin losing $6K in hours was good for BTC price action
Derivatives exchanges hosted a “shake out” of positions that quickly reset funding rates to healthy levels. 2525 Total views 24 Total shares Bitcoin (BTC) traded just below $65,000 on Nov. 11 after an overnight correction canceled out previous snap gains.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“No free lunch” for speculatorsData from Cointelegraph Markets Pro and…
FATF’s Deadline for Travel Rule Is a Bit of a Myth, Says Siân Jones
Last year, the Financial Action Task Force (FATF) asked global jurisdictions to adopt its anti-money laundering, or AML, guidelines for crypto. As the apparent deadline is just a few weeks away, some regulation experts believe that the deadline is not the case, while the actual adoption is a matter of years.On May 12, global legal…
Tech firm Republic taps Avalanche for profit-sharing investment note
The blockchain-based investment note is issued on Avalanche and will automatically distribute profits to holders’ wallets. 231 Total views 2 Total shares Neo-investment and technology firm Republic plans to issue a blockchain-based security token that will pay dividends to retail investors from profits across its broad portfolio of investment holdings.The Republic Note is a profit-sharing
Ripple Soars as Wider Crypto Markets See Flush of Green
Thursday, September 20: virtually all of the large-market-cap cryptocurrencies are in the green today, posting solid gains across the board, as data from Coin360 data shows.Market visualization from Coin360After a volatile week, Bitcoin (BTC) rebounded past the $6,400 mark yesterday night, hitting as high as $6,450 before correcting slightly and then trading sideways to seal…
HSBC Blockchain Connection Reduces Transaction Time by 40%
Global banking giant HSBC has tested out its blockchain-based trade finance platform Voltron and reduced transaction time by 40%, the Chartered Institute of Procurement & Supply reported on July 10.To arrange a shipment between Hong Kong and Dubai, HSBC partnered with major retail organization Landmark Group which provided its blockchain platform ReChainMe. The companies linked…