AI scam targets Ripple holders and memecoin trader loses it all: Crypto-Sec
An AI-generated video purports to show Chris Larsen claiming to give away XRP, and a trader 10x’d a MicroStrategy memecoin but gave it to a phishing account.
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Blockdaemon secures unicorn status with $155M raise
In the venture capital world, a privately-held startup company becomes a “unicorn” when its valuation exceeds $1 billion. 476 Total views 15 Total shares Blockchain infrastructure developer Blockdaemon has secured its status as a crypto unicorn after concluding a $155 million Series B fundraiser, putting the company on track to expand its operational footprint in…

SEC should declare XRP a security, says Peter Brandt
Could XRP’s regulatory status be finally settled one day? 499 Total views 4 Total shares Veteran trader and chart analyst Peter Brandt is the latest figure in the cryptocurrency community to dispute the regulatory status of XRP.According to the chartist, XRP — the fourth largest cryptocurrency at publishing time — is a security, which means…

Bitcoin price hits 7-day low as US warns of ‘highly elevated’ CPI data
Bitcoin (BTC) carried through threats of new local lows July 12 as the White House warned of “highly elevated” inflation.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWhite House warns ahead of "decisive day"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD approaching $19,500 prior to the Wall Street open, down over 4% on the day.Having failed…

mBridge CBDC project preparing for new members, launch of minimum viable product
The project now includes central and commercial banks of China, Hong Kong, Thailand and the UAE. Future new members were not identified. 89 Total views 3 Total shares Project mBridge may soon see significant expansion, according to Hong Kong Monetary Authority (HKMA) CEO Eddie Yue. He outlined the plans for the central bank digital currency

Kamala Harris’ campaign isn’t directly accepting crypto — a Super PAC is
A spokesperson for the Harris campaign confirmed with Cointelegraph that the Future Forward PAC was set up to receive crypto donations to support the Democratic candidate.

Algorand Launches Blockchain-Based Global Coronavirus Survey
Proof-of-stake cryptocurrency platform Algorand has created a global survey intended to compile an open database on the spread, status, and symptoms of the COVID-19 pandemic.On March 27, the company tweeted that its ‘IReportCovid’ survey app will contribute to a global data repository that updates in real-time to inform about pandemic relief efforts.Algorand launches survey to…

Iota Introduces Chronicle, a New Solution for Long-Term Data Storage
Iota has introduced Chronicle, a permanode solution that will allow its node owners to easily store all of their transactions and maintain uninterrupted access to that data.Iota’s unlimited storage solutionOn Sept. 17, the Iota Foundation announced Chronicle, which allows node owners to store all the data of the Tangle and quickly access that data when…

South Korea’s Coinbin Files for Bankruptcy With $26 Mln Loss, Cites Employee Embezzlement
Coinbin, the South Korean cryptocurrency exchange that took over hacked exchange Youbit, has filed for bankruptcy owing users almost $30 million, correspondence from the company confirmed on Feb. 20.Coinbin, which acquired Youbit in 2017, is closing operations as the result of embezzlement from a senior executive, local media including English-language resource Business Korea subsequently reported.“We…