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Crypto News
Roger Ver: Bitcoin Cash Hard Forks Could Have Thwarted PayPal Support
There are still a lot of uncertainties around the scheduled Bitcoin Cash fork event on Nov. 15, but one thing is for sure: The cryptocurrency’s biggest advocate, Roger Ver, executive chairman of Bitcoin.com, is not a fan of the scheduled…
Market Wrap: Bitcoin Fails to Reach $16.5K; Wrapped BTC Hits $2 Billion
Analysts are bullish on bitcoin’s price but the options market is decidedly bearish on the remaining weeks of 2020. Ethereum’s wrapped bitcoin token crosses $2 billion locked.Bitcoin (BTC) trading around $16,240 as of 21:00 UTC (4 p.m. ET).…
PayPal Rolls Out Crypto for All US Customers
Crypto Twitter reacts to the announcement and answers the question: Just how big a deal is PayPal? PayPal is rolling out crypto to all its users and increasing transaction limits from $10,000 to $20,000. In this episode, NLW breaks…
Token Projects Are Not Happy With KuCoin’s Handling of $280M Hack
The latest face-saving communique from Seychelles-domiciled crypto exchange KuCoin – hacked almost two months ago for over $280 million – is that 84% of the affected assets have been recovered. Some victims will be glad the situation…
Payza Founders Sentenced in $250M Money Laundering Case
The founders of digital payments processor Payza will serve year-plus prison terms and forfeit $4.5 million in seized assets for breaking federal money transmission laws, the U.S. Department of Justice said.Brothers Firoz and Ferhan Patel,…
Blockchain Bites: Bankrupted Cred’s Missing Millions, Bitcoin Miners’ Quarterly Losses and More
Crypto lender Cred’s bankruptcy is more than it appears. Two publicly traded bitcoin mining firms reported this week: Neither are profitable. ECB President Christine Lagarde has a “hunch” about the digital euro. Top…
Developers Debate Disclosure Protocols After ‘Accidental’ Ethereum Hard Fork
Ethereum developers are weighing changes to publicly disclosing critical bugs following the Nov. 11 “accidental hard fork.” Geth had fixed the bug in early October following a disclosure, but it still existed in prior versions of Geth.…
Money Reimagined: The US’ Kodak Moment
In the lore of digital disruption, Eastman Kodak Co.’s downfall looms large.Kodak was once one of the world’s most powerful companies. But it failed to act on digital cameras and online photo sharing, despite seeing the trends years before.…
This Crypto Custody Breakthrough Will Bring Banks Closer to Digital Assets
Stealth-mode crypto custody specialist Shard X has claimed a breakthrough, being the first company to successfully run math-heavy, multi-party computation (MPC) on hardware security modules (HSMs).So why does this alphabet soup of security…
DeFi platform Akropolis admits being exploited for $2M
Decentralised Finance project Akropolis is the latest victim of a flash loan attack
The hackers exploited the savings pools at Akropolis and stole more than $2 million in DAI.
“At ~14:36 GMT we noticed a discrepancy in the APYs of our…