Author: e_cash_top
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ECB’s Fabio Panetta says crypto needs regulation to maintain stability
[ad_1] European Central Bank official Fabio Panetta has argued that the crypto market cannot be trustless and stable without adequate transparency and regulatory safeguards. Panetta while speaking at the London School of Economics on Dec. 7, said that the FTX implosion showed that crypto was a bubble waiting for the right time to burst. It…
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Another red day sees Dogecoin leading top 10 losses again
[ad_1] The cryptocurrency market cap saw net outflows of $11.99 billion and currently stands at $839.47 billion — down 1.4% from $851.46 billion over the last 24 hours. Over the reporting period, Bitcoin’s market cap fell 1.1% to $323.06 billion from $326.62 billion. Meanwhile, Ethereum’s market cap fell 2.3% to $150.21 billion from $153.81 billion.…
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Polygon co-founder addresses criticisms the project is just as bad as Solana
[ad_1] Polygon co-founder Sandeep Nailwal went on the defense against “ecosystems who are feeling defeated & jealous.” The comment was motivated by a tweet from Mert Mumtaz, the co-founder, and CEO of Helius Labs, who pointed out Polygon had received more VC money than Solana and had used the funding to “pay people to use…
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Attackers use name of lead exchanges to target crypto startups
[ad_1] Tech giant Microsoft uncovered an attack targeting crypto startups using a pdf file that uses the names OKX, Binance, and Huobi. The pdf file is titled “OKX, Binance & Huobi VIP fee comparison.xls.” and includes a malicious code that allows the attackers to access the victim’s software remotely, and run an excel macro in…
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Third party auditor confirms Binance Bitcoin reserve is over collateralized
[ad_1] Jesse Powell is an expert in virtual currencies, online/international payments and fraud, as well as co-founder and CEO of Kraken, one of the most trusted and largest Bitcoin exchanges in the world with number one EUR market share. Learn More Info LinkedIn Twitter [ad_2] Source link
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OneCoin crisis manager Frank Schneider to face trial in the US
[ad_1] The U.S. Department of Justice (DOJ) has revisited its case against Frank Schneider who served as the Crisis Manager for OneCoin — a $4 billion scam project. OneCoin was a crypto-based Ponzi scheme led by Bulgarian national Ruja Ignatova in 2014. The scam project collapsed in 2017 after raising about $4 billion from investors…
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LiquidFactory.io to launch privacy network auction-style NFT marketplace
[ad_1] KuCoin Labs, the investment and incubation arm of the KuCoin ecosystem, has announced its co-lead investment in LiquidFactory.io, a startup that is building a privacy network with native encrypted cross-chain communication. The $1.25 million fund raise also attracted backing from VC firms including IDG capital, CDH VGC, Lapin.Digital, Ascensive Assets, and Acheron Trading. Aviv…
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JPMorgan CEO calls crypto tokens ‘pet rocks’
[ad_1] JPMorgan & Chase Co. CEO Jamie Dimon called crypto “a complete sideshow” and likened the digital asset tokens to “pet rocks.” The comments came during a CNBC interview in which he also disparaged the media outlet for its extensive coverage of the crypto industry. Regulators should focus on crypto, not banks On the Bitcoin…
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Warner Music, Polygon partner with LGND to establish LGND Music
[ad_1] Warner Music Group and Polygon have announced a multi-year partnership with LGND to establish a new collaborative, digital collectible platform called LGND Music. According to a Dec. 6 announcement, “select WMG artists” will be able to launch digital collectibles and connect their fans to “special content and experiences.” This collaborative announcement follows on from…
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Chainlink down 6% as holders stake $76M in 24 hours
[ad_1] Chainlink staking early access went live on Dec. 6, and over $75 million worth of LINK tokens have been staked in the first 24 hours, according to Etherscan data. Chainlink staking is live. According to the announcement, staking is integral to Chainlink Economics 2.0. Through staking, community members and node operators can earn 4.75%…