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Paxos assured its customers that their funds would "remain safely" in their accounts, but advised users to withdraw all balances from their accounts at their earliest convenience. 375 Total views 47 Total shares Own this piece of history Collect this article as an NFTPaxos, a fintech company that offers blockchain-based solutions for the global financial…

In Japan, the number of hacked Internet of Things (IoT) devices and cryptocurrency networks nearly doubled in 2018 when compared to the previous year. English-language local media Asahi reported on March 7.Per the report, the Japanese Police Agency data shows that an average of 2,752.8 intrusions per sensor per day were detected last year, up…

The crypto winter and FTX collapse has decimated the ranks of cryptocurrency lenders. Genesis, BlockFi, Voyageur Digital and Celsius Network all filed for bankruptcy in the past seven months, and the contagion may still not be over. But at least one crypto lender appears to be on the comeback trail. SALT Lending, one of the world’s…

In 2007, Nassim Nicholas Taleb, a former Wall Street trader turned professor, described the idea of a “black swan” event. Black swans are defined as being rare, of major consequence and impossible to predict, though he tempered their predictability with an acknowledgment that, in hindsight, they are explainable.A confluence of events has arisen in 2020…

The country’s main electricity producer has issued a general invite for Bitcoin miners looking to take advantage of its renewable energy facility near the capital, Nairobi. 185 Total views 16 Total shares Kenyan energy company KenGen has put out a call to Bitcoin miners to move nearby and buy its excess renewable power capacity.KenGen claims…

Bitcoin (BTC) continued trading sideways on Dec. 27 after spending the Christmas period broadly free of volatility.Cryptocurrency market daily overview. Source: Coin360BTC “relaxes” this ChristmasData from Coin360 showed BTC/USD hovering practically in the middle of its monthly range between $6,500 and $7,770. At press time, the pair hovered at $7,180, having barely moved over the past…

The upcoming exchange, Infinex, will cater to both novice and experienced traders by offering features similar to centralized exchanges (CEX). 246 Total views 4 Total shares Synthetix, a DeFi project in the crypto space, is preparing to expand its range of affiliated products.Kain Warwick, the founder, revealed intentions to introduce a new derivatives front-end called…

Speaking at CNBC’s Delivering Alpha event, Jenny Johnson discussed how digital assets are disrupting securitization and the financial markets. 289 Total views 8 Total shares