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Crypto brokerage Voyager Digital (VOYG.TO) has issued a notice of default to Three Arrows Capital (3AC) after the beleaguered hedge fund failed to make the required payments on its loans of 15,250 bitcoins and $350 million in USDC, worth about $670 million at current prices. Source
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Crypto exchange Voyager Digital has issued a notice of default to hedge fund Three Arrows Capital (3AC) for its failure to pay its 15,250 Bitcoin (BTC) and 350 million USD Coin (USDC) loan disclosed in a previous statement. In a market update by Voyager, the exchange noted that it's currently exploring
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For me, it's more like compartmentalizing different parts of my identity. It's been a long time since I've experimented with my identity online. You know, when someone Googles my “day job name,” ideally, I want only generic tech stuff to come up. My day job name has been released so
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More speculatively, El Salvador might be able to secure some financing from large players in the crypto space, the so-called “whales” who want to keep the idea of "nation-state bitcoin adoption" alive. Stablecoin issuer Tether, crypto exchange Bitfinex or others could extend support with a direct loan to the government,
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While not as dramatic as the Nixon shock, the Biden sanction was just as genuine a default. U.S. Treasurys in the post-1971 era were the global risk-free asset, used by friends and enemies alike to reliably store value. Rug-pulling the Russians, even if warranted, introduced for the first time genuine
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Kraken Security Labs has said that a “large number” of Bitcoin ATMs are vulnerable to hacking as the administrators never changed the default admin QR code. In a Sept. 29 blog post, Kraken posted research from its Security Labs team which found that there are “multiple hardware and software vulnerabilities”
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Wasabi Wallet, the privacy-focused bitcoin software wallet, has set a broad timeframe for the release of Wasabi Wallet 2.0. The goal is not only to make the wallet easier to use as more people start adopting bitcoin, but also to implement the privacy improvements of the WabiSabi protocol, including making
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The leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source
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The volume of Bitcoin (BTC) in Argentine pesos has risen exponentially since the 2018 cryptocurrency crash, as the country faces a possible default on $65 billion in foreign debt.Arcane Research posted data to Twitter on April 23 showing that the weekly volume of Bitcoin purchased with Argentine pesos has jumped
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Recently, financial regulators around the world have been growing concerned about the role of cryptocurrency in money laundering and financing of various illicit activities. The first two months of 2020 saw many governments acting on these concerns and introducing a variety of legal measures designed to bolster their defenses
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