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Study: 60% of Digital Asset Holders Store Funds on Exchanges While Half Derive an Income From Crypto
29.1.2021
Despite the risks that come with storing crypto assets with third parties, the findings of a new study suggest many cryptocurrency holders still trust exchanges with the safekeeping of their funds. Conducted by Binance Research, the study finds that 60% of “the general population store their...
Crypto crime dropped 57% in 2020 but DeFi hacks surged: CipherTrace
29.1.2021
Crypto crime rates are dropping despite a massive increase in attacks targeting the DeFi sector, reports security firm CipherTrace
A Look at Facebook’s Diem Wallet- Token Sale Accepts 3 Cryptos, Strict KYC, Hefty Data Collection
29.1.2021
During the last two years, there’s been a lot of interest in Facebook’s cryptocurrency diem (formally libra) and rumors of a nearing launch date went viral last November. Now the social media giant is advertising the crypto asset’s pre-sale heavily on the platform, as people...
South Korean Bank Shinhan Seals Crypto Custody Deal with BitGo
29.1.2021
The South Korean banking giant Shinhan is looking to take its fast-expanding crypto operations global – after striking a deal with American major crypto custody player BitGo.
Per EDaily, the deal pertains to crypto custody – a deal that also involves the South Korean crypto firm the Korea Digital...
US Court Sentences ICO Fraudster to 6 Months in Jail: Orders the Accused to Pay Over $4 Million in Restitution
29.1.2021
A U.S. court has sentenced Jerry Ji Guo, a resident of San Francisco, to an effective six months in prison for his role in a fraudulent initial coin offering (ICO). In addition to the prison term, the court ordered Guo to pay over $4 million in restitution. Further, Guo will also cooperate with...
Crypto industry jumps into lobbying in response to FinCEN
28.1.2021
The Blockchain Association's ranks swell as firms look to aid their work in keeping crypto transactions peer-to-peer
Report: Bitcoin Bull Run and Rising Awareness of Digital Currencies Led to a 20% Increase in Crypto Related Lawsuits in China
28.1.2021
A report from China says as many as 872 lawsuits relating to cryptocurrencies were filed in the past year, a figure which is approximately 20% more than that of 2019. Using data obtained from the China Judgment Document Network (CJDN), the report shows that the province of Guangdong had the highest...
Bitcoin whale explains to Bloomberg why crypto volatility will decline
28.1.2021
The CEO of One River Asset Management believes BTC volatility will decline as its price continues to climb
Robinhood Picks the Rich Side as Crypto Enters Its 'Netscape Moment'
28.1.2021
In the midst of a major battle between Wall Street professionals and retail traders from the r/WallStreetBets subreddit, investing app Robinhood has suspended Gamestop (GME) and some other stocks buying today, citing the concerns of “significant market volatility.” The action has prompted...
Binance survey finds that ‘hodlers’ still dominate crypto
28.1.2021
Only 11% of crypto holders are using their coins to pay for goods and services, according to a report by Binance Research
Skybridge Capital Cofounder Says Gamestop Activity Is ‘More Proof That Bitcoin Will Work’
28.1.2021
The New York-based Skybridge Capital cofounder, Anthony Scaramucci, recently explained that this week’s Gamestop fiasco is positive for the global cryptocurrency bitcoin. Scaramucci’s statements follow the global investment manager’s recent dive into the crypto economy...
First Mover: Crypto Gawks at GameStop, Sees Shades of Self
28.1.2021
Digital-market traders found amusement in the GameStop saga. They also saw an opportunity for self-reflection. Here's what Niall Ferguson, Caitlin Long, Mati Greenspan and Jonathan Mohan said
Europol, Spanish Police Bust Alleged Scam Posing as Crypto Investment Training Firm
28.1.2021
Europol worked with Spain’s Civil Guard and Catalan police to arrest six suspects aged in connection with the scheme
Algorand Teams Up With Crypto Custodian Curv for ‘Trusted DeFi’
28.1.2021
The firms aim to build technology that "appeals to traditional institutions, payment providers [and] governments."
Mark Cuban May Be More Involved with Crypto, 'Shitcoins' than First Thought
28.1.2021
Mark Cuban. Source: a video screenshot, Youtube, TMZSports
Crypto sleuths have taken a peek into the ethereum (ETH) wallet of the outspoken American billionaire Mark Cuban, the owner of the Dallas Mavericks basketball franchise. And it turns out that Cuban owns a lot more altcoins and what he...
Network-Attached Storage (NAS) Devices Infected by Bitcoin-Mining Malware
28.1.2021
A Taiwanese hardware company has warned its clients about a targeted crypto mining attack against their storage devices. The malware infects NAS devices connected to the internet by installing a crypto-miner named Dovecat. Threat Actors Install Malware That Illicitly Mines Bitcoin According to...
Australian Crypto Exchange to Delist BSV Over ‘Bullying’ Threat to Bitcoin Developers
28.1.2021
The exchange's CEO said "Recent talk of legal action against developers working to improve the Bitcoin ecosystem proved to be the final straw."
Crypto Fans 'LOL' At BIS GM Claims that Bitcoin 'May Break Down'
28.1.2021
The crypto community has reacted with incredulity after a senior Mexican economist and the boss of the Bank for International Settlements (BIS) appeared to dismiss the notion of decentralized digital currencies such as bitcoin (BTC).
In a recent speech, Agustín Carstens, the General Manager of...
Crypto User Builds a Mining Rig in the Back of His BMW Hybrid Car With Six Graphic Cards
28.1.2021
A U.S. cryptocurrency miner installed a mining rig in a particular place with the motivation to “annoy gamers.” Simon Byrne installed the full infrastructure in the back of his BMW i8 hybrid car. Miner Is Trying to Create a ‘Crypto Utopia’ According to PC Gamer, Byrne...
Privacy-Centric Messaging App Signal Experiments With Stellar-Based Mobilecoin Project
28.1.2021
One of the most popular privacy-centric messaging applications Signal has seen explosive growth during the last two months over things like the Whatsapp acquisition and the recent Big Tech censorship. According to a number of reports, the company has been experimenting with monetization and more...