Indian Banks Act Slow to Accept Crypto Industry Despite RBI’s Approval
Indian banks are reluctant to work with crypto firms, even though RBI clears the air. Go to Source Powered by WPeMatico
Month: June 2020
Wirecard: Crypto Card Users’ Funds Locked as UK Regulator Suspends Subsidiary
UK Financial Conduct Authority (FCA) on Friday suspended the license of Wirecard Card Solutions (WCS), a unit of troubled Wirecard AG, which is responsible for issuing Visa cryptocurrency debit cards. It means some users of cards such as Crypto.com’s Mco visa debit card and Tenx’s visa debit card may not be able to access their … Read more
Investors Fear Ethereum Price Sell-Off After PlusToken Transfers 789K ETH
PlusToken recently moved $186 million worth of Ethereum, leading investors to fear a dump in ETH price. Go to Source Powered by WPeMatico
Yield Farming Pool Concept May Solidify Ethereum’s Role as BTC’s Main Sidechain
Decentralized finance (defi) applications on the Ethereum chain have been growing wildly during the last two years. Now a number of synthetic versions of bitcoin, that leverage the Ethereum chain, has outpaced offchain solutions like Blockstream’s Liquid and the Lightning Network. Just recently, the platform Synthetix revealed a partnership with Bitgo and the Ren Project … Read more
Telegram’s Courtroom Saga With the SEC Comes to a $1.2 Billion End
Judge approves final judgment in Telegram case; firm will return $1.2 billion to investors. Go to Source Powered by WPeMatico
Even Putin Couldn’t Save This Dark Web Mastermind From Prison
Even Vladimir Putin was not able to save this Dark Web mastermind who ran an elite invite-only cybercrime club. Go to Source Powered by WPeMatico
Bloomberg: ‘Bitcoin a Caged Bull Set for Breakout, Eying $13,000 Resistance’
According to Bloomberg, the narrowest ever bollinger bands suggest that Bitcoin is consolidating for a major breakout. Go to Source Powered by WPeMatico
Compound’s COMP Token Paves Way for DeFi Yield Wars
Framework Ventures’ co-founder believes Compound’s token launch jump started a trend of DeFi projects competing for yield as public interest and token prices rally. Go to Source Powered by WPeMatico
Singapore Witnessed a Surge in Ransomware Attacks During 2019
The Singaporean government revealed that ransomware attacks surged in 2019 by accounting 35 cases. Go to Source Powered by WPeMatico
Law Decoded: All Roads Lead to New York, June 19-26
New York, New York runs the show this week as the site of a host of developments and setbacks for crypto. Go to Source Powered by WPeMatico