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Paxos Standard Presents Assets Backing Its Stablecoins

23.7.2021
Paxos, a regulated blockchain company, recently presented the basket of resources that back its stablecoins. Paxos Standard (PAX) and Binance USD (BUSD) are reportedly backed almost 100% by cash and cash equivalents. Dan Burstein, CCO of Paxos, harshly criticized Tether and Circle, issuers of other...

ETH developer Virgil Griffith back in jail after allegedly checking Coinbase account

21.7.2021
Griffith will likely spend the next two months in jail before his trial in September

The Nine States of Design

21.7.2021
Here’s a really good ol’ post from way back in 2015 all about the nine states of design and how we should think all the edge cases whenever we’re building interfaces. Vince Speelman writes: Modern UI teams are designing components … The post The Nine States of Design appeared first...

Crypto in the UAE: TRES Was Approved by DMCC for OTC Trade License to Operate With Cryptocurrency

20.7.2021
On photo left to right: Saif Al Mansouri – CEO TRES OTC DMCC; Ahmed Bin Sulayem – Executive Chairman and Chief Executive Officer of DMCC; Dmitry Krasnogor – Managing Director TRES OTC DMCC; Antony Katin – CEO SIMBA Storage; Alexey Liakhovnenko – CEO TRES Group GmbH....

Dogecoin Co-Founder Criticizes Crypto World, States It Is Managed by Powerful Cartels

16.7.2021
In a recent twitterstorm, Dogecoin founder co-founder Jordan Palmer stated he wouldn’t return to the cryptocurrency world. Palmer unleashed harsh criticisms of the cryptocurrency industry, calling it “hyper capitalistic,” and managed by “powerful cartels” of wealthy...

New York Giants’ Saquon Barkley Plans to Convert Endorsement Revenue to Bitcoin

15.7.2021
Another pro athlete in the National Football League (NFL) is planning to convert some of his earnings into bitcoin. The 24-year-old running back for the New York Giants, Saquon Barkley, discussed converting his endorsement revenue into bitcoin during a recent interview with the Morgan Creek Digital...

A Group of Users Is Battling Binance to Get Their Money Back After May’s Crash

14.7.2021
A group of Binance customers are seeking to get their funds back after the platform froze in May. These users had leveraged positions and were unable to reduce them or close them. On May 19, Binance’s app crashed for more than one hour, leaving customers unable to manage their funds. These...

UK will hold back action against crypto ‘pockets of exuberance’ for now

13.7.2021
The Bank of England's latest Financial Stability Report took stock of the massive increase in crypto prices and trading activity this year

Bitcoin rebounds from $33K-support as US dollar inflation comes back into focus

13.7.2021
Bitcoin moved inversely to the dollar at the beginning of this week as traders awaited the June CPI report due Tuesday

SEC Charges 3 Individuals for Alleged Long Blockchain Insider Trading Scheme

12.7.2021
The U.S. SEC charged three individuals that allegedly conducted insider trading related to the Long Blockchain company back in 2017. One of the individuals allegedly traded stocks ahead of the name change that gave the company a price boost. The other two individuals were tipped and took advantage...

Welcome Back Live Overwatch, I Missed You

10.7.2021
Today, the Dallas Fuel will hold the first live North American Overwatch League match since March of last year.Read more

123-Year-Old Hydroelectric Plant Sees New Life Mining Bitcoin — Revenue 3x Higher Than Selling to the Grid

9.7.2021
On Thursday local reports from Mechanicville, the city located in Saratoga County, New York, say that an old hydroelectric plant constructed back in 1897 was almost dismantled, but today the plant is mining bitcoins. The Mechanicville facility is considered one of the oldest renewable energy plants...

Marvel’s Avengers Tries Winning Back Players With Horny Captain America

8.7.2021
Marvel’s Avengers never seems to catch a break, but maybe a new half-naked Captain America can change that. Crystal Dynamics announced today that the comic book loot brawler’s marketplace now has a new skin featuring Steve Rogers in the flesh, because if you can’t beat the competition, try getting...

Brazilian ‘King of Bitcoin’ Arrested for Involvement in Alleged $300 Million Fraud

6.7.2021
Claudio Oliveira, owner of the Bitcoin Bank in Brazil and known as the ‘King of Bitcoin,’ was arrested yesterday for his alleged participation in a fraud scheme involving $300 million. According to inquiries from federal authorities, Oliveira faked a Bitcoin hack back in 2019 in which...

Feds Sell Seized Bitcoin From 2018 for $19 Million

5.7.2021
The U.S. has sold about 500 bitcoins seized back in 2018 for about $19.2 million. This was reportedly the largest net forfeiture in the Northern District of Ohio’s history. Federal authorities in the U.S. state of Ohio have sold bitcoins seized back in 2018 in a fraud case. The seized...

Bitcoin fractal setup from 2019 hints BTC price can rebound back to $50K

4.7.2021
The ongoing Bitcoin downside correction is strikingly similar to its price action in June-December 2019

JPMorgan Predicts When Bitcoin Bear Market Will Be Over

4.7.2021
Global investment bank JPMorgan has predicted that the bitcoin price slump will likely be over when the cryptocurrency’s dominance rises back above 50%. “I think that’s another indicator to watch here in terms of whether this bear phase is over or not,” the firm’s...