Fortune favors something — Eminem takes Crypto.com mantle from Matt Damon
Slim Shady was the latest celebrity to advertise “fortune favors the brave” for Crypto.com following Matt Damon’s ad spot in October 2021.
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Bitcoin Price Will Now Never Officially go to Zero — Here’s Why
A massive 18.52 million BTC buy order on Bitfinex will save Bitcoin from dropping to $0, thanks to Alistair Milne. 1943 Total views 16 Total shares Bitcoin (BTC) can crash hard, but not so hard that it ends up costing $0 — because one man is going to buy all of it.In tweets on July…
Fei Protocol founder proposes ghosting Tribe DAO following hack repayment
Refuting TIP-121, members of the community questioned the lack of timelines and hard numbers within the proposal. 53 Total views 10 Total shares An attack in April 2022, which drained off nearly $80 million from various Rari Fuse pools, required the decentralized finance (DeFi) platform Fei Protocol to come up with a solution that minimizes…
Wales to Develop Local Cryptocurrency to Underpin Mutual Credit System
Wales plans to test and subsequently launch its own cryptocurrency to boost the local Small and Medium Enterprises (SME) economy. Local news outlet Business Cloud reported on Oct. 15 that the Welsh Government awarded £100,000 from the £4 million Foundational Economy Challenge Fund to develop the system. The funding will cover both a consultation and a…
Wall Street’s EF Hutton Wants to Raise $60 Mln Issuing Crypto ‘Instruments, Coins, Tokens’
U.S. stock brokerage firm EF Hutton plans to issue $60 million in various cryptocurrency instruments from January 2019, Bloomberg reported September 13.The latest in a series of crypto-related announcements this month, the company’s parent organization HUTN said it would begin offering “multiple instruments, coins and tokens” which would “generate proceeds of at least $60 million.”The…
Bitcoin Price: On-Chain Metrics Pour Cold Water on Bearish Bias
Bitcoin price (BTC) has taken a bearish course, leading some analysts to call for a drop to $8,300 and a few even suggest $7,100 is where the digital asset will bottom.Over the weekend, the price attempted to recover from the dip to $8,600 and a quick pop to $9,141 excited investors looking for the digital…
US regulator wants to stop banks from blacklisting legal businesses, crypto included
New rule-making aims to stop "creeping politicization of the banking industry," says OCC head. 2011 Total views 17 Total shares Per an announcement on Friday, the Office of the Comptroller of the Currency, or OCC, is looking for public comments on rule-making that would stop banks from denying services to businesses based on sector.In the…
Robotics Company Falls Prey to Ransomware Attack
Ransomware gang REvil strikes a US-based robotics firm, leaking their sensitive data on the dark web. 1859 Total views 36 Total shares Ransomware gang REvil, known for launching stolen data auctions on the dark web, is now leaking sensitive documents stolen from a US-based robotics company.According to an official blog post from REvil on June…
New Iranian Law: Government Will Not Recognize Crypto-Related Trade
The Iranian government has instituted a new law that does not accept crypto as legal tender or recognize domestic transactions carried out with cryptocurrencies.On Aug. 4, the Cabinet of Iran ratified and released a new bill saying that the government will not recognize any domestic trading activity involving cryptos, Iranian news agency PressTV reports today. Per…