Canary Capital files S-1 for Litecoin ETF
Only days earlier, Canary filed to create an XRP ETF in what analysts dub a “call option” on the November US presidential elections.
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Energy Used by Idle Devices in the U.S. Can Power Bitcoin For 4 Years
Academic researchers at the University of Cambridge (UoC) have launched a real-time index that tracks the total electricity consumption of the Bitcoin network.The news was revealed in an announcement posted by the university’s interdisciplinary academic research institute, the Cambridge Centre for Alternative Finance (CCAF), on July 2.The now-live Index — the Cambridge Bitcoin Electricity Consumption…

Europe’s Largest Private Hospital Hit By Crypto Ransomware Amid Pandemic
Hackers infected the largest private hospital in Europe with ransomware. Hackers infected the IT infrastructure of the largest private hospital in Europe with ransomware.Cybersecurity news outlet, KrebsonSecurity, reported on May 6 that hackers compromised the IT systems of Germany-based private hospital, Fresenius. An anonymous source reportedly informed the outlet that the hospital’s systems were infected…

Bittrex Secures $300 Million Insurance for Cryptocurrencies in Cold Storage
Cryptocurrency exchange Bittrex obtained $300 million in digital asset insurance against theft or collusion for the cryptocurrency it holds in cold storage.Bittrex announced in a blog post on Jan. 29 that the exchange obtained specialty insurance for corporations by insurance firm Lloyd’s of London after working with major insurance broker and adviser Marsh. The co-leader…

Stablecoins went wild in the days before Bitcoin’s recent surge
Retail investors are buying into Bitcoin, says CryptoQuant CEO. 1372 Total views 16 Total shares In the days preceding Bitcoin’s latest rise in price, stablecoins went wild, exhibiting some largely unprecedented behavior.Stablecoins: all stablecoins inflow transaction and address count of all exchanges. Source: CryptoQuant.On October 18, stablecoins moving to exchanges reached record highs of 60,000…

Sentencing for ex-FTX execs set for October, November
Former FTX executives Nishad Singh and Gary Wang, who both testified at Sam Bankman-Fried’s criminal trial, are scheduled to be sentenced later this year.

Japan’s megabanks to lead experiment with digital yen
Could a new, coordinated effort to digitalize the Japanese economy be strong enough to compete with residents' persistent use of cash? 1182 Total views 4 Total shares Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen. The group consists…

Memecoins are officially ‘cooked’ after Libragate, says crypto VC
Castle Island Ventures partner Nic Carter says the LIBRA token scandal is “clear proof” that retail has been playing a rigged game all along.

Web 3.0-focused altcoins soar as the need for truly decentralized crypto grows
The cryptocurrency market is abuzz on Oct. 25 as the sight of multiple altcoins hitting new all-time highs and Bitcoin's (BTC) return to $63,000 has traders looking for a resumption of the bullish uptrend.Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets ProData from Cointelegraph Markets Pro and TradingView shows that the…