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Bahamas-Based Deltec Bank Holds a ‘Large’ Bitcoin Position


Bahamas-based Deltec Bank & Trust said during a recent video review that it’s holding a “large position” in bitcoin. The information was given by their chief investment officer, Hugo Rogers. Deltec Executive Discusses Bitcoin Position According to the video uploaded to...

Defi Protocol Founder Tricked, Hacked for $8 Million in Personal Funds


Nexus Mutual founder and chief executive officer Hugh Karp’s personal wallet address has been hacked for more than $8 million. The attacker, a member of the Nexus defi protocol, tricked Karp into signing a transaction that transferred funds to the hacker’s own address. The attacker...

Optimize Images According to Network and Device Constraints in React


Connectivity has evolved beyond recognition since the beginning of the internet. We are lightyears past dial up, these days, and can watch a video in high resolution on our smartphone while being connected to a mobile network. But not all mobile connections are created equal – older...

Unbanked Hong Kong Chief Carrie Lam: “I Have Piles of Cash at Home”


Hong Kong Chief Executive Carrie Lam says she is currently unbanked and keeps piles of cash stashed at her home courtesy of US sanctions. Alongside 14 Chinese and Hong Kong officials, Lam has been slapped with punitive measures that effectively cut her off from the banking system. The US government...

Citibank Executive Says Bitcoin Will Trade at $318,000 by End of 2021


Citibank Group’s Global head of Citifxtechnicals product, Tom Fitzpatrick expects to see the price of bitcoin peaking at $318,000 by end of 2021. Although he concedes that his prediction might seem improbable, Fitzpatrick argues that such a surge will still be the weakest rally for...

Kucoin Recovers 84% of Funds Stolen in $280 Million Hack


Kucoin chief executive officer Johnny Lyu revealed Wednesday that the exchange recovered 84%, or $235 million, of the $280 million stolen in one of crypto industry’s biggest hacks in September. In a tweet, Lyu said the affected funds have been recovered “via approaches like on-chain...

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