Worldcoin invites devs to build ahead of mainnet launch in 2024
With the World Chain developer preview, devs can deploy infrastructure on a “gated mainnet,” as World Chain is skipping a testnet.
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Burundi Bans Cryptocurrency Trading Due to Lack of User Protection
The Republic of Burundi in central Africa has banned the trading digital currencies in the country due to associated risks.As Bloomberg reported on Sept. 4, some Burundian citizens urged the government to take action regarding cryptocurrency trading after they lost money while dealing with virtual currencies. The government subsequently banned crypto trading explaining that it…

Bitcoin Mining Hardware Maker Reports $148M Net Loss in 2019
Nasdaq-listed Bitcoin mining equipment manufacturer, Canaan, reported a net loss of $148 million for 2019, according to the latest financial results filed with the Securities and Exchange Commission (SEC).The latest unaudited Q4 and 2019 financial results from the China-based company said that its total 2019 net revenue was $204.3 million. This represents approximately half of…

Balaji pays out his crazy $1M Bitcoin bet, 97% under price target
The former Coinbase exec settled the high profile wager 45 days ahead of time but remains convinced that a “fiat crisis” is inevitable. 3416 Total views 12 Total shares Own this piece of history Collect this article as an NFTA $1 million Bitcoin (BTC) price bet has been closed out 97% under its target price,…

Zcash founder Zooko Wilcox steps down from Electric Coin, naming new CEO
The new CEO, Josh Swihart, has been the vice president at Electric Coin for nearly five years but recently took a four month stint away from the firm. 146 Total views 14 Total shares Zooko Wilcox is stepping down as the CEO of Electric Coin Company, the team behind privacy-focused cryptocurrency Zcash (ZEC).ECC announced a

Capital International Group purchases 12.2% stake in MicroStrategy
MicroStrategy is by far the largest corporate Bitcoin holder on the planet with 105,084 BTC on its books. Entities under Michael Saylor's control hold more than 111,000 BTC. 541 Total views 3 Total shares Capital International Group, a $2.3 trillion asset manager headquartered in Los Angeles, has acquired a 12.2% stake in MicroStrategy — making…

Ransomware Targets Outdated Microsoft Excel Macros to Deploy Attacks
Avaddon ransomware is exploiting Excel 4.0 macros to deploy an attack against users. 1531 Total views 35 Total shares Microsoft Security Intelligence alerted users to a type of ransomware, called Avaddon, that uses Excel 4.0 macros to distribute malicious emails. These emails contain attachments which deploy an attack when opened in any version of Excel.Avaddon…

Coinbase balance drops by 30K BTC as Bitcoin price nurses 6% losses
Bitcoin (BTC) held steady at the June 7 Wall Street open after a night of losses cost bulls heavily.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCoinbase sees conspicuous outflowsData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it ranged near $30,000, still down 6% versus its prior highs.After underperforming versus United States equities on June…

More institutions will warm up to crypto once market cap hits $2T: eToro
“Only by widening the playing field and facilitating more participation will crypto reach and maintain a market cap of $2 trillion and beyond.” 2830 Total views 8 Total shares A new report from advisory firm Aite Group, that was commissioned by exchange platform eToro, reveals there are still barriers hindering institutional adoption of crypto.Based on…