US Department of Justice charged three computer programmers who apparently belong to the infamous North Korea-affiliated hacker group known as Lazarus for attempting to steal and extort over $1.3 billion in fiat and cryptocurrency from financial institutions. The charges also accused the trio of deploying “multiple malicious cryptocurrency applications” and “fraudulently Read more…
Is it still accurate to call Bitcoin “digital gold” when the real thing is becoming less valuable? The gold-bitcoin ratio is at an all-time low, meaning that gold’s price relative to BTC is at its lowest point since Bitcoin was created. That’s mostly due to Bitcoin’s ongoing bull run. It Read more…
The Dash Investment Foundation invested $100,000 in Quadency, professional trading and automation platform, according to the press release published by Dash on Feb. 16. The investment was made on behalf of the Dash network as part of the Quadency’s seed funding round and as part of the projects’ joint work Read more…
It’s pretty well known that lots of crypto people have moved into Clubhouse, the hot, audio-based social media platform. The biggest group? Black Bitcoin Billionaires, which claims 17,000 members. Now Square Inc., via its CashApp, is partnering with the group’s organizer, Lamar Wilson, to create more Black millionaires through Bitcoin Read more…
The tea trade was never really about tea, anyway. And continuing in this age-old tradition of expedition and expansion is Urban Tea, a publicly traded baked goods and tea company based in Hunan, China, that’s getting into crypto mining. And it wouldn’t be the first. Urban Tea today installed as Read more…
Altcoin Daily founder and crypto trader Austin Arnold is naming five crypto assets that he believes are gearing up to print exponential gains this year. Arnold tells his 469,000 YouTube subscribers that he is keeping a close watch on Synthetix (SNX) after big venture capitalist firms poured money into the Read more…
Chinese online lottery company 500.com has purchased Bitcoin mining pool BTC.com which is run by Jihan Wu’s BitDeer Technologies. The NYSE listed 500.com (WBAI) revealed the news on Tuesday stating that it had inked a share exchange deal with Blockchain Alliance Technologies, which owns BitDeer. According to the deal, which Read more…
Apple Pay is now creating a path for crypto fans to pay for items and services with digital currencies. The company has partnered with Bit Pay to unveil a new prepaid Mastercard that customers can attach to their digital wallets should they ever wish to purchase items with crypto. Apple Read more…
Tesla’s $1.5 billion bitcoin purchase was made in first week of February, and was executed over several days. Source Author: Aziz Abdel-Qader
A U.S. publicly-listed Chinese sports lottery firm is extending its arms into the crypto industry by announcing another related maneuver. 500.com Ltd announced it has acquired Btc.com, the well known bitcoin mining pool. Jihan Wu Is the ‘ Biggest Beneficial Owner’ of the Mining Pool Per the announcement, the online Read more…
Chainalysis’ “Crypto Crime Report 2021” shows a significant decrease in cryptocurrency-related crime across 2020, revenue from these illicit activities dropping by $5 billion, or 53%, from the previous year. The total illicit activity compared to the total transactional volume also dipped to only 0.34% in 2020, or $10 billion – Read more…
Bitcoin just shot through $52,000 despite weakness in the altcoin market over the past day. The cryptocurrency is up 7.5% in the past 24 hours, outperforming a majority of other large-cap altcoins as the spotlight focuses back on BTC. This rally in the Bitcoin price comes on the back of Read more…
In this post, we discuss solving numerical optimization problems using the very flexible Amazon SageMaker Processing API. Optimization is the process of finding the minimum (or maximum) of a function that depends on some inputs, called design variables. This pattern is relevant to solving business-critical problems such as scheduling, routing, Read more…
PRESS RELEASE. xSigma is a decentralized exchange and liquidity mining platform that supports stablecoin swaps. It enables dollar-pegged assets to be traded onchain with minimal slippage and lower fees than existing AMMs. The project is gearing up for its public launch, when early adopters will have the opportunity to earn Read more…
It seems every major company is interested in bitcoin at this point. PayPal joined CashApp in embracing crypto transactions back in 2020 and Mastercard recently made the announcement that they would be allowing digital assets transactions using their platform. Even Tesla got in on the action by investing $1.5 billion Read more…
New York State Attorney General Letitia James has announced charges against Coinseed, a crypto investment platform, for allegedly defrauding investors out of more than $1 million. The filing centers around an ICO for Coinseed’s CSD token, held in December 2017. The company allegedly raised over $100,000 through the sale of Read more…
Despite its name, The Motley Fool is known for dispensing sage investing advice. Today, it advised readers to buy Bitcoin. Not only that, but the private investing advice firm is buying $5 million of the rapidly appreciating asset, which is currently trading at a record high above $52,000. “While Bitcoin Read more…
Delgerdalai Davaasambu, who founded Coinseed and grew it as CEO, was charged of defrauding victims to the tune of $1 million. Source Author: Aziz Abdel-Qader
Diem, formerly known as the Libra Association, announces a partnership with Fireblocks and the Israeli-based First Digital Asset Group (DAG) to launch a payment solution for institutions, merchants, and payment networks. The network is expected to power Diem into the largest payment network, allowing global financial institutions to connect to Read more…
Bitcoin is about to perform its most important feat yet: achieve a market cap of over $1 trillion. And it just got past the first major hurdle at $52,000. The $54,000 price level and above is the only remaining threshold in the way, and once past it, a flood of Read more…
Bitcoin price has broken $50,000 and is now well above the key phycological resistance level. At the halfway point to $100K per coin, there was bound to be some resistance, but already bulls have pushed the price per BTC to new record highs. At the current price per coin, the Read more…
Wyoming Senator Cynthia Lummis is a huge fan of Elon Musk, the South African entrepreneur behind SpaceX and electric car company Tesla. She’s now asking him to move to her state given that it allegedly boasts the best cryptocurrency laws, and she is confident he can do a lot for Read more…
Canada’s crypto space continues to grow significantly as the country marks yet another milestone in adoption. This week, Evolve Funds Global Group Inc., a financial services firm in the county, secured approval for a Bitcoin exchange-traded fund (ETF) Evolve Joins the ETF Club Official documents have shown that the Ontario Read more…
A new poll of finance managers by Gartner Finance finds that a majority are not planning to hold bitcoin as a corporate asset. In their responses, most of the 77 finance leaders interviewed cite bitcoin’s volatility as one characteristic of the crypto asset that is “extremely difficult to mitigate.” The Read more…
What was fit for the 70s to the 90s are not appropriate for the 20s. The gap between program trading executing at microseconds at the front end and the creaky settlement world at the back was most evident recently through the breakdown of the smooth functioning of markets during the Read more…
Dubai government-owned licensing solutions, Kiklabb, has started accepting cryptocurrencies as a payment option for the trade licenses and visa fees. The supported digital currencies include Bitcoin (BTC), Ethereum (ETH), and the stablecoin Tether (USDT), reported a local publication. Besides paying with a digital asset, the firm allows its customers to Read more…
Despite warning investors of BTC’s notorious volatility, Anthony Scaramucci from SkyBridge Capital predicted a 100% price boost for the asset by the end of the year and entering a six-digit price territory. He argued that the demand for the asset has skyrocketed lately and admitted that his investment firm holds Read more…
The US Department of Justice today unsealed charges against three North Korean military hackers for stealing and extorting more than $1.3 billion from financial institutions and companies, and launching malicious crypto apps and fraudulent blockchain platforms. The unsealed indictment brought the allegations against Jon Chang Hyok; Kim Il; and Park Read more…
Bison Trails launched its node-enhancing Global Blockchain Sync (GBS) platform – allowing users to scale their node operations greatly while reducing the time it takes nodes to become production-ready. According to the statement sent out to media desks, GBS will minimize the time required to sync a node fully, allow Read more…