Crypto exchanges exit Hong Kong license race ahead of May deadline

Saudi’s biggest oil exporter denied claims of involvement in Bitcoin mining activities but continues to bet on blockchain-focused businesses. 721 Total views 9 Total shares The Saudi Arabian Oil Company (Saudi Aramco) stirred interest among crypto enthusiasts last year after investing $5 million in blockchain-based oil trading company Vakt. While this move aimed to digitize…

The Bancor decentralized exchange has released a smart contract with a critical vulnerability, and is now hacking itself to save user funds from malicious actors. 334 Total views 8 Total shares The newest release of the Bancor decentralized exchange appears to be vulnerable to a very serious bug that can result in a significant loss…

Legendary video game producer Atari partners with the Litecoin Foundation to take advantage of the overlap between the two communities. 1547 Total views 69 Total shares On May 19, the Atari Group announced a partnership with the Litecoin (LTC) Foundation, betting on the overlap of interests between the crypto and gaming communities.Atari has raised 74.19…

Bitcoin (BTC) was starting to reverse upwards July 12 as a critical tweet from United States president, Donald Trump, became a hot talking point across cryptocurrency.Market visualization courtesy of Coin360Data from Coin360 showed BTC/USD 0.9% up over the past 24 hours after a significant downturn earlier on Thursday. At press time, the pair traded around $11,600,…

The SEC must appeal Grayscale’s win in a D.C. Appeals Court on Oct. 13, or it will have to approve — or try to delay — the firm’s Bitcoin ETF bid. 433 Total views 1 Total shares The United States Securities and Exchange Commission will soon reach its deadline to appeal the court decision that

In mid-February 2020, the total value locked within decentralized finance (DeFi) applications first exceeded $1 billion. Fueled by the DeFi summer of 2020, it wouldn’t even take a year before it multiplied 20-fold to reach $20 billion and only another ten months to reach $200 billion. Given the pace of growth so far, it doesn’t…

The arrested employees, including directors, are suspected of fraud. 2223 Total views 23 Total shares As a countrywide cryptocurrency ban looms, multiple Turkish exchanges have now come under investigation with four employees of the recently-shuttered Vebitcoin exchange arrested this morning for allegations of fraud.Last night, Vebitcoin announced it would be ceasing operations in a short…

Samsung’s Knox Matrix uses blockchain technology backing to increase security for all personal smart devices of a user connected to the network. 250 Total views 13 Total shares