McDonald’s Instagram hackers make $700K shilling Grimace memecoin
Scammers hacked the official McDonald’s Instagram account to promote a sham memecoin based on the fast food giant’s mascot Grimace.
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Binance P2P removes sanctioned Russian banks from payments list
Crypto exchange Binance has removed “yellow” and “green” payment options from its peer-to-peer (P2P) service after being criticized for using these code words to represent sanctioned Russian banks, Cointelegraph confirmed on Aug. 25.Payment method searches for color-themed code words result in no hits. Source: BinanceBinance’s peer-to-peer exchange service is a message board allowing users to…

World’s Oldest Watch Manufacturer to Use Blockchain for Tracking Timepieces
Swiss luxury watch and clock manufacturer Vacheron Constantin will start using blockchain technology to track its timepieces, lifestyle magazine Robb Report reported on May 24.Founded in 1755, Vacheron Constantin is recognized as the world’s oldest watch manufacturer. The company plans to issue a paper and digital certificate to each of its vintage watches, and will…

China’s Crackdown on Cryptocurrency Trading: A 2019 Recap
While China has waged war on domestic cryptocurrency trading activities since 2017, this year saw it tighten the screws as hype around crypto’s underlying blockchain technology renewed interest in digital assets. Below is a summary of China’s difficult relationship with crypto and how it has evolved in 2019.China does not like crypto tradingAs Cointelegraph reported…

Tokenization Software Firm AlphaPoint Rehauls Management
Tokenization software firm AlphaPoint rehauled its management, financial news outlet Finextra reports on June 3.Per the report, the current chief technology officer of the company, Joe Ventura, will become the chief information officer, while global head of trading Kapil Rathi will be the new chief operating officer. Both will be reporting to Igor Telyatnikov, the…

Edward Snowden Used Bitcoin to Pay for Servers Used in NSA Leak
The servers Edward Snowden used to leak thousands of documents to journalists were paid for using bitcoin (BTC), the National Security Agency whistleblower revealed at the Bitcoin 2019 Conference on June 27.Snowden was working as a CIA subcontractor in 2013 when his leak revealed that telecom companies and governments were involved in “almost Orwellian” mass surveillance programs that…

Retail Investors Can Now Bet on Bitcoin Hitting $100,000 by 2020
United States.-based regulated crypto derivatives and clearing platform LedgerX is giving retail investors the chance to bet on Bitcoin (BTC) hitting $100,000 by 2020.New Possibilities for the Retail Crypto TraderAs Bloomberg reported on July 17, the $100,000 call option implies that Bitcoin’s current valuation could increase over ten-fold and hit a $2 trillion market capitalization.This…

Crypto sentiment index drops to October levels as Bitcoin dips under $92K
The market sentiment index score hasn’t been in the “Neutral” zone since Oct. 14, when Bitcoin was trading around $63,000.

Robinhood buys credit card fintech X1 for $95M
In 2022, X1 claimed to have 500,000 people on its waiting list for a credit card. Over the past two years, the startup has raised $62 million from venture capital firms. 180 Total views 1 Total shares Crypto and stock trading app Robinhood has taken a new step to diversify its business portfolio by acquiring…