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“# KuCoin recovered 84% of stolen crypto after $280M hack, says co-founder ” KuCoin cryptocurrency exchange has recovered the majority of funds lost in a $280 million hacking incident in September, a senior executive has said. Johnny Lyu, a co-founder and CEO at KuCoin, announced on Nov. 11 that the exchange has now recovered 84%…
“# Akoin rolls out to Kenyan tech city in first step towards Akon City ” Akoin, the cryptocurrency project of American-Senegalese musician, Akon, is launching imminently in the $2 billion Mwale Medical Technology City, or MMTC, in Western Kenya. As a newly built city, centred around a state-of-the-art medical and technology complex, MMTC would seem…
“# Uniswap ‘community call’ will discuss extending liquidity mining rewards ” Leading decentralized exchange (DEX) Uniswap has announced an “unofficial community call” set for Nov. 12 at 12 noon ET. The call is scheduled to discuss several core governance issues central to Uniswap, including the future of its liquidity mining program. After a slew of…
“# Crypto Capital owner’s attorneys no longer want to represent him ” The attorneys representing Reggie Fowler — the accused operator of the notorious shadow-bank to the crypto sector, Crypto Capital — have filed a motion to withdraw as Fowler’s counsel. According to the motion, Hogan Lovells US’s James McGovern and Michael Hefter have discussed…
“# Indian exchange offers ETH staking ahead of Ethereum 2.0 launch ” CoinDCX, one of the largest cryptocurrency exchanges in India, is preparing its platform to support ETH 2.0 staking in anticipation of Ethereum 2.0 launch. As the first phase of Ethereum 2.0 is expected to come on Dec. 1, CoinDCX is now “all set”…
“# ‘Aussie Trump’ invests in Bitcoin as it’s the ‘millennial version of gold’ ” Cory Bernardi — a controversial figure the Sydney Morning Herald has referred to ‘Australia’s Donald Trump’ — has talked up Bitcoin in between Tweets challenging the results of the U.S. presidential election. In a Nov. 11 Tweet, Bernardi stated he had…
“# New patent-holder wants $18M a month from US Bitcoin ATM operators ” Puerto Rico-based blockchain and robotics firm Bots Inc has announced it is exploring its options with “a major law firm” to launch litigation against firms operating Bitcoin ATMs across the United States. Two weeks ago the company acquired a patent for protocols…
“# Ripple CTO says he lost $300K trading no-name altcoins ” David Schwartz, Ripple’s Chief Technology Officer, has revealed he lost more than $300,000 investing in altcoins. According to a Nov. 2 post on Quora asking readers if they had lost any money trading Bitcoin (BTC) and other cryptocurrencies, Schwartz stated that he had made…
“# Overstock expanding blockchain arm tZero in Ireland ” United States’ retail giant Overstock is reportedly expanding its blockchain wing tZero with new hires in Ireland. The Utah-based e-commerce company is seeking to hire software and devops engineers to work on its blockchain and security token subsidiary tZero, local tech news agency Silicon Republic reported on…
“# Bayern Munich taps the trend for blockchain-based fantasy soccer ” German soccer club FC Bayern Munich, which plays in the country’s Bundesliga, is entering the world of blockchain-based fantasy soccer. The Ethereum blockchain-based fantasy soccer game Sorare, which Bayern joined this week, already counts over 100 participant clubs, including high-profile names such as Paris Saint-German, Juventus, PSG,…