WBTC thief returns $71 million worth of stolen funds
On-chain transactions leading up to the return suggest this wasn’t a white hat hacker but a malicious actor who intended to steal the funds before investigators got involved.
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Facebook’s Libra hires former OCC prosecutor and central bank expert
The Libra Association has made a key hire in its pursuit of a new cryptocurrency and payments system. 1160 Total views 12 Total shares The Libra Association, which manages Facebook’s quiet cryptocurrency project, has appointed a general counsel to oversee the development of its forthcoming payment system. In an official press release, the Libra Association Wednesday…
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Major South Korean City to Build Blockchain-Enabled Virtual Power Plant
South Korea’s government will spend 4 billion Korean won (KRW) (about $3.5 million) to set up a blockchain-enabled virtual power plant (VPP) in the city of Busan. The development was reported by South Korean newspaper Yonhap News Agency on Monday, Dec. 10.Busan, South Korea’s second most populous city after Seoul, has announced that the city…
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Binance registers as virtual asset service provider in Poland
In compliance with new regulatory requirements, Polish users will have to sign new terms and conditions with Binance Poland in order to continue using the company’s services. 981 Total views 4 Total shares Own this piece of history Collect this article as an NFTCryptocurrency exchange Binance announced plans on Jan. 18 to enhance its local presence in…
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How Cryptocurrency Prices Work, Explained
4. Tracking the price of Bitcoin gives us a good indication of the overall cryptocurrency market in the past 18 months. Bitcoin started 2017 at under $1,000 and took a dip when China announced investigations into cryptocurrency exchanges in the country. At that point, the majority of Bitcoin trading took place in China, and the…
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Why you wouldn’t eat chicken nuggets, and why you shouldn’t trust Big Data
Just like you might think twice about eating chicken nuggets once you see how they are made, you’d likely hesitate about volunteering your personal information once you see how it is used and monetized.Freedom has become one of the world’s most commoditized assets — and over the years, the internet has eroded it.We live in…
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Women remain bullish on crypto investment despite market lull: Survey
As the crypto winter rages on, new data from BlockFi reveals that women investors are still bullish on crypto, with 22% intending to buy in the next 12 months. 180 Total views 20 Total shares The crypto market downturn is proving a difficult storm to weather for both investors and businesses alike in the industry.…
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Crypto platform Yield App shuts down citing FTX losses
Yield App halts operations, citing losses from FTX exposure, despite previous assurances of no significant impact.
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Coinbase and Ripple Execs Unveil Master Plan to Drive US Crypto Adoption
Two executives at Coinbase and Ripple are leading a push for smart regulations and transparency in the crypto-sphere that would arguably drive adoption and take blockchain technology mainstream. Market integrity must improveThe Market Integrity Working Group’s co-chairs want regulators to grasp how they can advance the cryptocurrency industry. In an official company statement, Coinbase senior director…