Germany seizes 47 crypto exchanges tied to ‘underground economy’
German authorities sent a loud and clear message to criminal users of the exchanges: We found their servers and have your data — see you soon.
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Bittrex joins Coinbase in delisting Ripple’s XRP following SEC lawsuit
Major exchanges scramble to disassociate themselves with XRP as Ripple tries to regain control of the narrative. 3071 Total views 25 Total shares Cryptocurrency exchange Bittrex announced on Dec. 29 that it will be removing all XRP markets starting from Jan. 15, 2021. Trading pairs affected are BTC/XRP, ETH/XRP, USDT/XRP and USD/XRP.The announcement comes just…

Deutsche Telekom invests in mobile DeFi platform Celo
Deutsche Telekom has become the first telecom firm to join the Celo Alliance for Prosperity. 3209 Total views 18 Total shares Deutsche Telekom, one of the largest telecom providers in Europe, has invested in blockchain payments platform Celo to support the development of decentralized finance.The telecom giant has made a “significant purchase” of Celo’s native…

Bitcoin drops under $93K after US GDP data shows shrinking economy, raising recession alarms
Bitcoin sold off to $92,910 after GDP data showed the negative impact of Trump’s trade war and the heightened chance of a US recession. Will traders buy the dip? 356 Total views 1 Total shares Key points: US GDP shrank in Q1, raising recession alarms while also prompting calls for Fed rate cuts. Bitcoin dropped

Ethereum back in price discovery as ETH approaches $5K
The world’s second-largest cryptocurrency crossed the $4,700 mark following Bitcoin's rally. 680 Total views 21 Total shares Ethereum blockchain’s native asset, Ether (ETH), touched a new record high on Nov. 8, supported by a rally across the top cryptocurrencies ahead of a key United Stat inflation report this week.ETH’s price rose by 3.30% in the…

Poloniex says hacker’s identity is confirmed, offers last bounty at $10M
A community member questioned why Poloniex needed to send an on-chain message in 15 different languages if the hacker’s identity was truly confirmed. 242 Total views 1 Total shares Crypto exchange Poloniex recently posted a message to the hacker responsible for stealing over $100 million in digital assets from one of its wallets, saying that

DeFi Begins to Move From a Sub-niche Market to Mainstream Finance
In one year, the total value of Ether (ETH) locked in DeFi markets has increased from $317 million to over $1 billion. With the increasing level of activity in the market sector, the next logical progression appears to be focused on making DeFi solutions more mainstream.However, like other decentralized apps, DeFi protocols still have issues…

TXSE ‘upstart’ stock exchange could become a crypto-friendly challenger
While there are many challenges for a new stock exchange in the U.S., many observers are optimistic about what it could mean for the crypto industry.

Opinion: Should Bored Ape buyers be legally entitled to refunds?
Should people who purchase nonfungible tokens (NFT) be entitled to refunds if they decide they don’t like their digital pictures? Some Europeans are beginning to make that case under a 25-year-old law.Unhappy buyers have claimed that their right to a refund is protected by a 1997 European Union law that requires any person or business…