Crypto lender Shezmu recovers hacked funds through negotiation
Shezmu recovered nearly $5 million in stolen crypto through negotiations with a hacker and agreed to a higher bounty.
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Peter Brandt: ‘Laser eyes’ to blame for Bitcoin correction — but it’s ‘very mild’ anyway
Bitcoin has corrected 17% so far but could have much further to go. 545 Total views 10 Total shares Veteran trader and chart guru Peter Brandt has made a cheeky correlation between the current Bitcoin market correction and the prevalence of ‘laser eyes’ on Twitter.In a tweet on April 18, the technical analyst tied the…

Law Decoded: Constitutions of the future will be ratified by DAOs, Nov. 15–22
An online initiative to secure a rare copy of the U.S. Constitution shows the power of Web 3.0 collective action. 188 Total views 3 Total shares A haphazardly assembled online group of passionate people who formed a decentralized autonomous organization, or DAO, and pooled a spectacular amount of Ether (ETH) for a noble cause came tantalizingly…

Another inside job at Shapeshift cost the company nearly $1 million
Following the theft and repayment of $900,000 in Bitcoin (BTC), Shapeshift is now pursuing damages in court against its former senior software engineer, Azamat Mukhiddinov. "There was significant time lost and legal costs associated with the clean-up," Shapeshift's chief legal officer, Veronica McGregor, told Cointelegraph, noting that customer funds were safe throughout the ordeal. "ShapeShift is non-custodial,…

Bitcoin Price Defies ‘Death Cross’ as Bulls Pin Hopes on $9.1K Bounce
Bitcoin (BTC) price continues to trend lower, marking 5 consecutive lower highs as the price makes a stairstep decline in a falling wedge. Interestingly, the pattern is interpreted by many analysts as a signal of a potentially bullish outcome so perhaps there is still hope.Crypto market data daily view. Source: Coin360BTC USD daily chart. Source:…

China: Bitcoin Mining Behemoth Bitmain Releases New 7nm Antminer Hardware
Bitcoin (BTC) mining giant Bitmain has officially released two new 7nm (nanometer) “Antminer” crypto mining machines, according to an official tweet posted Nov. 5.Bitmain indicated in September that it would be equipping its new Antminer models with next-generation Application-Specific Integrated Circuit (ASIC) chips.ASIC chips are geared to compute optimally for a specific hashing algorithm and,…

Canadian Blockchain Firm Launches USD-Pegged Stablecoin CUSD
Canadian blockchain research firm Blockchain Venture Capital Inc. (BVCI) has officially launched a United States dollar-pegged stablecoin, the CUSD, according to a press release published on Nov. 11.The new USD-anchored stablecoin comes four months after the firm launched CADT, a stablecoin initiative pegged to Canada’s national fiat currency.CUSD is pegged 1:1 to USDAs reported, BVCI…

Crypto user fat fingers $90K fee for a $2K ETH transfer
An anonymous user appears to have accidentally spent 34 ETH to transfer a little more than $2,200 in ETH.

What is a crypto index fund, and how to invest in it?
While the COVID-19 pandemic’s long-term socioeconomic effects are yet to be known, most economies are still dealing with the effects of the global financial crisis. Moreover, millions of households are under or unbanked, and there are additional obstacles faced by people, including slow wage growth, skyrocketing property costs and government debt as more and more…