Sat, November 16

BitMEX Co-Founders Allegedly Looted $440M from the Exchange

HDR Global Trading Limited, the parent firm of the cryptocurrency exchange Bitmex is facing a civil lawsuit claiming the exchanges three co-founders looted $440 million from the platform. HDR Co-founders faced criminal charges Moreover, the co-founders of the exchange are Arthur Hayes, Ben Delo, and Samuel Reed. However, they have

November 2, 2020 2 mins read

Bitcoin Price Soars Above $14K, First Time Since Whitepaper Release in 2008

Bitcoin (BTC) price soars high, reaching a bullish price of over $14,000 for the first time in over twelve years. Bitcoin (BTC) is one of the most famous cryptocurrencies in the digital space. It is one of the favorite cryptocurrencies by many. This is also due to its bullish uptrend

October 31, 2020 2 mins read

Italian Man Caught Using Airport Computer System for Illegal ETH Mining

An Italian airport staff member took advantage of his workplace computer systems illegal mining of Ethereum (ETH). According to Rai News report, a man who was in charge of managing the computer system at Lamezia Terme International Airport in the southwest region of Calabria was caught illegally mining Ethereum (ETH).

October 30, 2020 2 mins read

Australian First Crypto-friendly IPO Firm Will Accept Tether

Stax, an Australian crypto-friendly capital raising platform announced that West Coast Aquaculture (WCA) will conduct its first Initial Public Offering (IPO). WCA is a company that operates an aquaculture farm in Australia. It will allow investors to participate in its IPO purchase equity using the cryptocurrency Tether (USDT) or Australian

October 29, 2020 2 mins read

Bitcoin Mining Firm Marathon Buys Additional 10,000 Antminers

Marathon Patent Group made an announcement that it has stepped into a contract with Bitmain to buy an additional 10,000 next-generation Antminer S-19 Pro ASIC Miners. 2021 Will Be a Year For Bitcoin Mining Marathon, a Nasdaq-listed digital asset technology and biggest publicly traded self-mining firm. On the other hand,

October 28, 2020 2 mins read

Harvest Finance Puts $100K Bounty After $24M Attack, FARM Token Crashes

A decentralized finance protocol Harvest Finance seemingly issued a $100,000 bounty reportedly after a $24 million attack from its pool. Harvest Finance is a DeFi yield aggregator. FARM is its native cryptocurrency. It has one admin key for making changes to the smart contract. Essentially, the holder of this key

October 26, 2020 2 mins read

Bitcoin (BTC) Price Spikes Above $13k First Time Since January 2018

Bitcoin (BTC) price surges above $13,000 for the first time in over two years following positive news on the leading crypto over the week. BTC was the first cryptocurrency to successfully record transactions on a secure, decentralized blockchain-based platform. BTC reached above $13,000 in January 2018, six weeks after it

October 25, 2020 2 mins read

Famed Japanese Soccer Player Keisuke Launches KSK Honda Coin

KSK Honda Coin was launched by soccer star Keisuke Honda through a blockchain platform Rally.io to allow fans with coins to interact with Honda. Rally.io is a blockchain platform for creators building businesses and provides engagement between creators and the fans. Creators can issue their own cryptocurrency on this platform.

October 24, 2020 1 min read

Gemini Executive Julian Sawyer Joins Bitstamp as New CEO

Bitstamp made an announcement that Julian Sawyer has been joined as Chief Executive Officer of the company, as it’s co-founder and former CEO Nejc Kodrič moves into a new advisory role on the company’s Board of Directors. Julian Sawyer, who currently serves as the managing director of the UK and

October 22, 2020 2 mins read

Line Launches Central Bank Digital Currency (CBDC) Platform

LINE, a Japanese messaging giant is building a platform for developing central bank digital currencies (CBDC), as per the report by South Korean news agency the Chosun Ilbo.  CBDC is the cryptocurrency issued directly by central banks to replace real fiat currency. It is generally different from cryptocurrencies such as

October 20, 2020 1 min read