Telegram Tech Promised In ICO Vulnerable to Attack, Researchers Say

news Nearly all top 10 alternative cryptocurrencies by Market Capitalization have hit their respective 6-month lows after bitcoin’s rapid price slide dragged the rest of the markets into the red on Tuesday. Litecoin (LTC), EOS (EOS), Binance Coin (BNB), and Stellar (XLM) dropped to their lowest point in over 6-month shortly after BTC’s major sell-off forced…

A federal judge has shot down a request to relinquish control over embattled crypto exchange FTX's $7.3 billion in disputed assets during a Thursday bankruptcy hearing, dashing Bahamian liquidators' hopes that the island nation's judicial system could stake a claim to some of the assets.“Under no circumstances would I ever defer a core jurisdictional issue…

news Multiple criminal investigative agencies within the U.S. are looking into the circumstances of the now-defunct Canadian crypto exchange QuadrigaCX. According to a press release published Monday, the FBI, the Internal Revenue Service’s Criminal Investigation division (IRS-CI), the U.S. Attorney General’s office for the District of Columbia and the Department of Justice’s Computer Crime and…

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A U.S. Securities and Exchange Commission rule expanding the definition of a "dealer" to capture digital assets activity has gone too far, a lawsuit by the Blockchain Association and Crypto Freedom Alliance of Texas alleged.The suit, filed in the District Court for the Northern District of Texas on Tuesday, claims that the expanded definition of

Aug 21, 2020 at 16:14 UTCPolychain Capital founder Olaf Carlson-Wee speaks at Consensus 2019. (CoinDesk archives)Polychain Capital’s Original Crypto Fund Raises an Additional $19.5MPolychain Capital’s cryptocurrency hedge fund added $19.5 million in investments in the past year, pushing the flagship fund’s lifetime raise past $307 million. Polychain Fund I LP, which invests in cryptocurrencies and…

Financial technology consultancy Broadridge says it handles $50 billion a day of repurchase agreements involving big banks on its permission-only DLR platform.Europe-focused securities finance private blockchain firm HQLAx says its platform can save banks as much as 100 million euros ($107 million) a year.The multitrillion-dollar repo market is the lifeblood of funding in capital markets.00:46Meme

Nearly $60 million worth of bitcoins moved to Ethereum during June, according to data estimates from Dune Analytics. Wrapped Bitcoin, the oldest tokenized bitcoin protocol on Ethereum, is responsible for roughly 75% of that growth after moving more than 4,800 BTC to Ethereum last month.  Demand has increased for using bitcoin in a variety of…