Cryptocurrency Analysis and News Portal
Crypto exchange Bittrex is being sued over a SIM swap that netted criminals 100 bitcoin, currently worth nearly $1 million. The case resembles other recent high-profile heists in which a hacker seizes control of a victim’s cell phone to
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The CEO of Delaware-registered blockchain firm Veritaseum LLC and New York-registered Veritaseum Inc., Reggie Middleton, was ordered to pay $8.4 million in disgorgement, according to a new court order. Additionally, Middleton is liable for a civil penalty of $1 million, fintech publication FinanceFeeds reported on Nov. 1, citing a
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A 38% increase in stablecoin loans has been reported by Genesis Capital, one of the largest institutional lenders of cryptocurrencies, in the third quarter of 2019.Genesis Capital’s team reported that the growth in their lending business continues to grow as the record of $746M that had been set in the
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Blockchain company Immutable, who build video games with player-owned assets, closed off the “Genesis Sale” for their game Gods Unchained, the highest-grossing and most popular blockchain game since its announcement in July of last year. In an announcement declaring the end of the sale, the developers also shared details about
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Over the past few years, a whole new ecosystem has emerged due to the staggering growth enjoyed by Bitcoin, and one of the more well-known constituents of that ecosystem is Bitcoin miner maker Canaan Creative. In a new development, it has emerged that Canaan has decided to go public in
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Chinese cryptocurrency mining giant Canaan Creative has filed to be a publicly-traded company in the United States. On Oct. 28, Canaan Creative filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) to raise $400 million, while planning to be listed on the Nasdaq under
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SIM swapping victim Michael Terpin wrote an open letter to the United States Federal Communication Commission (FCC) Chairman Ajit Pai.In his letter, posted by Coindesk on Oct. 21, Terpin requested that the regulator take decisive action against SIM swapping and end this type of fraud.Terpin proposes to force all
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Saturday, Oct. 19 — crypto markets are seeing a slight recovery after another downward movement as Bitcoin (BTC) is back to trading above $8,000.Market visualization. Source: Coin36018 million BTC mined, BTC blockchain hits 600,000 blocks After trading below $8,000 threshold for most of the day, Bitcoin has seen a sharp
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Cryptocurrency-powered web browser Brave announced on Oct. 16 that it reached 8 million monthly active users.Furthermore, daily active users stand at over 2.8 million and the number of creators subscribed to its web advertisement network also reportedly substantially increased. There are also over 290,000 Brave Verified Publishers who subscribed to
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Helios Towers Raises about $364 million in its Initial Public Offering which has been low-key due to choppy market conditions.Helios Towers which is one of the key operators of towers for several mobile networks across Africa has successfully raised about 288 million pounds (or $364 million) in an initial public
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