Crypto Exchange Bitfront Shuts Down Amid Industry Challenges

Crypto Exchange Bitfront Shuts Down Amid Industry ChallengesCryptocurrency exchange Bitfront has announced its intention to cease operations in the coming months, citing challenges facing the industry. The U.S. trading platform, backed by Japan’s social media giant Line, indicated the decision is unrelated to the collapse of FTX. Line-Supported Digital Asset Exchange Bitfront Suspends New Sign-ups Bitfront, a crypto exchange operating in the […]

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ECB Paper Marks Success Factors for CBDCs, Digital Euro

ECB Paper Marks Success Factors for CBDCs, Digital EuroA paper published by the European Central Bank (ECB) discusses various conditions for successful implementation of central bank digital currencies (CBDCs) such as the eurozone’s own digital euro. The authors also point to different risks that such projects entail, like the danger of crowding out the private sector. ECB: Digital Euro Should Be Widely Used […]

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“It’s A Lion’s Den” – P2P Traders Discuss Challenges of Operating on Localbitcoins

“It’s A Lion’s Den” - P2P Traders Discuss Challenges of Operating on LocalbitcoinsDespite many cryptocurrency users having made their first purchases using Localbitcoins, little attention is paid to the experiences of the traders who operate on the platform. News.Bitcoin.com reached out to several Localbitcoins traders to find out about the challenges facing peer-to-peer crypto brokers. Also Read: Darknet Buyers Flock to Wall Street as Dream Winds Down […]

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Someone Just Spent $2,000 On a $1,000 Gift Card Trying to “Double Spend” BCH

Someone Spent $2000 On a $1000 Gift Card Trying to “Double Spend” BCHIt is a common practice nowadays for online ventures to invite white hat hackers to attack their systems via security challenges or cyber bug hunts. Companies usually do this to learn what vulnerabilities they might have and improve, or to show their confidence in their existing defense capabilities. The method can also be used to […]

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Lawyers Discuss Challenges Posed by Cryptocurrencies During Divorce

Lawyers Discuss Challenges Posed by Cryptocurrencies During DivorceSeveral lawyers have discussed some of the challenges that arise from cryptocurrency ownership during divorce. The anonymous nature of cryptocurrencies creates the possibility for spouses to accumulate wealth that is concealed from their partner. However, this often can lead to parties searching for “pots of gold” that don’t exist. Also Read: Israeli Supreme Court Forbids Bank […]

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