Stablecoin act gives Congress alternative to overriding Biden’s SAB 121 veto
President Joe Biden’s veto of the SAB 121 repeal was a blow for the crypto community. Can the U.S. Congress override the veto with broad bipartisan support?
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UN to Prevent Hong Kong Migrant Workers Exploitation with Blockchain
Blockchain financial services firm Diginex and the United Nations-led International Organization for Migration (IOM) jointly launched a blockchain tool aiming to prevent the exploitation of migrant workers in Hong Kong.According to a Diginex press release published on Dec. 16, the tool was designed to be used by about 1,500 Hong Kong-based migrant domestic worker recruitment…

Bitfinex Bitcoin longs hit 6-month high — Will BTC price follow?
Bullish Bitcoin (BTC) positions using leverage on the Bitfinex exchange surged to their highest level in nearly six months, reaching 80,333 BTC on March 20—equivalent to $6.92 billion. The 27.5% increase in Bitcoin margin longs since Feb. 20 has fueled speculation that the 12.5% BTC price gain from the $76,700 low on March 11 is

Whale who sold Bitcoin before 2020 crash cashed out $156M before this week’s 20% dip
A serial seller with a lot of BTC to their name chose to divest themselves of a large chunk of Bitcoin just before Monday's crash to $47,400. 8555 Total views 15 Total shares Bitcoin (BTC) lost 20% in a day partly thanks to the actions of a single whale, new research suggests. Data from on-chain analytics…

Luxembourg Financial Watchdog: Crypto Entity Lied About Licensure
Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), says that a seemingly crypto-related entity called Cryptominingoptionsignal claims to be licensed in Luxembourg, but is not. In a warning notice dated Aug. 13, the country’s watchdog simply wrote: “The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the activities of an…

What were the biggest crypto outcomes of 2021? Experts Answer, Part 1
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AscendEX loses $80M following ERC-20, BSC, Polygon hot wallet compromise
Out of the lot, around $60 million worth of tokens were transferred over the Ethereum blockchain alone. Tokens stolen from BSC and Polygon are worth $9.2 million and $8.5 million respectively. 582 Total views 9 Total shares Crypto trading platform AscendEX suffered a loss of $77.7 million in a hot wallet compromise that allowed hackers…

Ripple Labs’ RLUSD stablecoin: Everything you need to know
RLUSD, a stablecoin by Ripple Labs, is pegged to the US dollar, ensuring a 1:1 value backed by cash or equivalents.

Blockbuster or a Bust? Tickets Industry Lines Up Around the Blockchain
Ticketmaster, one of the largest event ticket distributors in the world, announced in October 2018 that it had acquired Upgraded, a blockchain technology company specializing in live event ticketing.By applying blockchain technology, Ticketmaster set out to solve some of the biggest challenges facing the billion-dollar ticketing industry. For example, the company intends to use blockchain…