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“# Bitgrail’s founder contributed to $150M loss, Italian authorities allege ” Italian authorities have found Bitgrail’s founder responsible for fraudulent activity related to the platform’s $150 million hack in 2018. Francesco Firano, the sole director of now-defunct cryptocurrency exchange Bitgrail, is accused of taking over customer funds prior to reporting the theft of crypto from…
“# Exmo crypto exchange suffers hack, halts all withdrawals ” Exmo, a cryptocurrency exchange headquartered in the United Kingdom, has suffered a major security breach causing the platform to freeze all withdrawals. According to a Dec. 21 security notice, Exmo detected suspicious withdrawal activity on Monday, with large amounts of major coins like Bitcoin (BTC)…
“# Australia’s crypto ecosystem 2020: The spark for a DeFi explosion ” For a country of 25 million people, Australia punches well above its weight both economically and in the world of blockchain. Australians have long been enthusiastic adopters of new technology, from cell phones to smart homes, and it’s little surprise they’ve embraced crypto…
“# 3 reasons why traders expect continuation after Bitcoin price spike to $24K ” The price of Bitcoin (BTC) surpassed $24,000 on Dec. 19, reaching a new all-time high. On Coinbase, BTC peaked at $24,200 and has since consolidated into the $23,500 to $23,800 range. Three factors pushed the price of BTC upwards within a…
“# Analysts say Mnuchin’s proposed self-custody rule won’t impact Bitcoin price ” This week various media reported that U.S. Treasury Secretary Steven Mnuchin was considering whether or not legislation governing self-custodied wallets should be implemented. This led some analysts and crypto pundits to speculate whether or not this would impact Bitcoin, and the current bullish…
“# Record $6.5B Bitcoin options open interest follows BTC all-time high ” The open interest on Bitcoin (BTC) options contracts has reached a new all-time high at $6.5 billion on Dec. 17. That figure represents a three-fold increase from 90 days ago and is proof that the market has grown significantly in the past 6-months. …
“# Five times crypto got weird in 2020 ” Every industry, group, clique and conclave has its own share of weirdos — cryptocurrency and blockchain are no exception. Considering that cryptocurrency is the so-called “native” currency of the internet — the repository of the sum of human knowledge and the eccentricities there contained — the…
“# Bitcoin bull market pulls Kusama (KSM), Decred (DCR) and Qtum price higher ” Since breaking through the critical psychological resistance at $20,000, Bitcoin (BTC) price has moved even higher. In the early trading hours, the top-ranked digital asset pushed as high as $23,800 before pulling back to $23,000 but the trend of investors purchasing each…
“# The Coinbase IPO is coming, according to SEC filing ” One of crypto’s most-anticipated initial public offerings is one step closer. On Thursday, Coinbase announced that the firm had sent its draft registration for a public offering to the Securities and Exchange Commission. The company wrote that: “The Form S-1 is expected to become…
“# One exchange is trying to make debt tokenization a thing in crypto ” An increasing number of mainstream financial activities have become blockchain integrated in line with the growing crypto segment. Now tokenized debt markets are entering the space as well. “CoinFLEX has created a new market for short-term commercial paper, enabling private companies…