Report: Nearly $10 Million in XRP Stolen in GateHub Hack
GateHub estimates that hackers have managed to compromise around 100 XRP Ledger wallets, with reported losses of nearly $10 million Go to Source Powered by WPeMatico
Cryptocurrencies
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US Congressman Seeks Tax Clarity for Cryptocurrencies
A U.S. congressman proposed tax breaks for cryptocurrencies, arguing that current IRS codes are unreasonably demanding and deterrents to blockchain businesses Go to Source Powered by WPeMatico
Research: Reddit Crypto-Related Discussion Volume Strongly Correlated to Price
A study on cryptocurrency discussions on Reddit has been published by the University of Notre Dame and the Pacific Northwest National Laboratory Go to Source Powered by WPeMatico
In a World Where Central Planners Push Debt, Cryptocurrencies Look Better Every Day
Economists have been predicting a worldwide recession which could pose a risk to financial stability throughout various countries. Fear of an economic downturn has caused the central bank of Australia to cut interests rates on Tuesday and both the U.S. Federal Reserve and the Reserve Bank of India are in the midst of discussing slashing … Read more
Major Coins See Red Following Reports That FOMO Fueled May’s Rally
Crypto markets see red following reports that May’s rally was fueled by fear of missing out Go to Source Powered by WPeMatico
SEC Chairman: Other Market Protections Needed Before Bitcoin ETF Approval
Custody and market manipulation need to be dealt with before a cryptocurrency ETF can be approved, said SEC Chairman Jay Clayton Go to Source Powered by WPeMatico
Egypt Lays Out Path for a Crypto Future With Draft Law
First crypto law in Egypt is anticipated this year, but what made the country call off the ban and welcome the new technology? Go to Source Powered by WPeMatico
Crypto Market Outlook Downgraded to ‘Uncertain’ in New SFOX Volatility Report
The current outlook for the crypto market has been downgraded from mildly bullish to uncertain in a new volatility report Go to Source Powered by WPeMatico
Reserve Bank of India Denies Knowledge, Involvement in Draft Bill to Ban Crypto Entirely
The Reserve Bank of India has denied having any knowledge or involvement in a draft government bill that would ban cryptocurrencies Go to Source Powered by WPeMatico
Binance Hires Former NBA, Dell Exec to Head Global Strategy Initiatives
Crypto giant Binance has a new strategic officer with experience in the department from similar positions at Dell and the NBA Go to Source Powered by WPeMatico