Ripple vows to respond to SEC ‘attack’ amid exchange delistings of XRP
Ripple issued a statement on Tuesday urging market participants to hear its side of the story amid the ongoing SEC saga. Go to Source Powered by WPeMatico
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Coinbase announces it will suspend XRP trading as price drops another 10%
Coinbase plans to suspend trading for the token on Jan. 19, but added it “may be halted earlier as needed.” Go to Source Powered by WPeMatico
SEC vs. Ripple: A predictable but undesirable development
Such regulation by enforcement does indeed run the risk of stifling important and valuable innovation in the crypto space. Go to Source Powered by WPeMatico
Novogratz hopes Biden admin reverses Trump’s anti-crypto stance
Galaxy Digital CEO calls Trump’s crypto policies “anti-dollar” and “anti-innovation.” Go to Source Powered by WPeMatico
DeFi data manipulation is too easy — and current oracle solutions aren’t helping much
DeFi exploits are too common for mass adoption. But there are solutions to the oracle problem. Go to Source Powered by WPeMatico
CEO of MTI Bitcoin Ponzi Scheme Flees South Africa in Possible Exit Scam – Funds Blocked
In an unexpected turn of events, the management team at Mirror Trading International (MTI) now suggest that their CEO Johann Steynberg may have exit scammed. The team alleges that Steynberg, now believed to be in Brazil, has locked out key management staff from accessing MTI’s account with a local bank. Additionally, management now appears to … Read more
Bitwise dumps XRP investment amid SEC lawsuit against Ripple
The Bitwise 10 Crypto Index Fund has liquidated its XRP holdings. Go to Source Powered by WPeMatico
The SEC shows some mercy to broker-dealers handling security tokens
In a Christmas present for the crypto industry, broker-dealers who abide by existing rules while holding security tokens in custody will not face enforcement action for the next five years. Go to Source Powered by WPeMatico
Crypto Exchange Bitgrail Founder Accused by Italian Police of Faking Hacks That Led to Company’s Bankruptcy
Italian police accused a man who ran a cryptocurrency exchange of being responsible for a series of hacks that caused millions in losses as part of an alleged massive fraud scheme. Italian Authorities Accuse Bitgrail Owner of Faking Hacks That Led Exchange’s Bankruptcy According to Reuters, the 34-year-old from Florence known by his initials F.F. … Read more
UK Crypto Exchange Exmo Hacked, Estimates Presume Platform Lost $10.5 Million
U.K.-based cryptocurrency exchange Exmo detailed on December 21, 2020, the firm had “detected suspicious withdrawal activity” and halted withdrawals. Exmo said a security audit report revealed “large withdrawals” of bitcoin and five other cryptocurrencies. Analysts estimate that Exmo may have lost over $10 million from the hot wallet breach. On Monday, the U.K.-registered digital currency … Read more