Tesla stock TSLA chart resembles Bitcoin bubble in 2017, says analyst
An analyst says the Tesla stock chart looks similar to the weekly fractal of Bitcoin in 2017 when it achieved $20,000. Go to Source Powered by WPeMatico
DIGIT
Pomp launches new venture fund, says ‘You’ll never regret betting on yourself’
He’s chosen a rolling fund structure for reasons of flexibility. Go to Source Powered by WPeMatico
Judge Dismisses $200M Damages Claim in SIM-Swap Crypto Lawsuit Against AT&T
A California judge has dismissed the $200 million in damages claim against the telecom giant AT&T for alleged negligence and fraud. The judge still ruled the telecom company had to answer the lawsuit by Michael Terpin for enabling the theft of $24 million worth of his cryptocurrency after a company agent gave his sim card … Read more
Russia’s crypto law is a mixed bag, according to industry execs
Crypto businesses are unsure how to react to new regulations in the Russian Federation. Go to Source Powered by WPeMatico
Bank of France: stablecoins could impact EU financial sovereignty ‘for decades’
Banque de France Governor François Villeroy de Galhau wanted about the threat of “Big Tech” stablecoins. Go to Source Powered by WPeMatico
IRS to Pay $625K to Crack Monero, Crypto Proponents Scoff at Contract
The U.S. Internal Revenue Service (IRS) wants to pay a contractor $625,000 if they can crack layer-two privacy schemes and the privacy-centric crypto asset monero (XMR). The tax agency says that the entity has “limited investigative resources” for tracing these types of cryptocurrency transactions. The United States tax agency wants to obtain a solution to … Read more
Good for Bitcoin? US Senate rejects stimulus without $1,200 checks
The Senate rejected a skinny $500 billion stimulus package, but for Bitcoin and stocks, it could be a good thing in the medium term. Go to Source Powered by WPeMatico
Controversial new proposal would forgive ‘slashed’ Polkadot validator
Some are concerned the proposal could set a dangerous precedent. Go to Source Powered by WPeMatico
Federal payments licensing push could boost crypto adoption
The Office of the Comptroller’s move to license payments firms at the federal level is receiving push-back from state regulators. Go to Source Powered by WPeMatico
European Crypto Exchange Hacked for $5.4 Million in Bitcoin
Eterbase, a Slovak cryptocurrency exchange, revealed Thursday that it had been hacked for $5.4 million. Cyber-criminals broke into six hot wallets containing bitcoin, ethereum, algo, ripple, tezos, and tron, stealing everything, it said. Hot wallets are active digital asset accounts connected to the internet. Eterbase used these wallets to facilitate day-to-day trading activities on its … Read more
