Trump taps Elon Musk and Vivek Ramaswamy to slash gov’t with ‘DOGE’

Malicious actors reportedly took advantage of Coinbase’s SMS account recovery process to gain access to user funds. 461 Total views 2 Total shares Cryptocurrency exchange Coinbase has reportedly suffered another security breach after attackers were able to bypass the company’s multi-factor authentication, or MFA, feature in a coordinated campaign earlier this year. The attackers stole cryptocurrency…

The central bank said “for the time being” Bitcoin was not regulated in the country, but it was exploring the feasibility of introducing a CBDC. 167 Total views 20 Total shares The Central Bank of Honduras, or BCH, addressed rumors regarding the country potentially adopting Bitcoin as legal tender like its neighbor El Salvador —…

Top Stories This WeekSix Global Banks Sign Up to Issue Stablecoins on IBM’s Now-Live Blockchain NetworkThis week, six international banks signed letters of intent to issue their own stablecoins — which will be backed by their national fiat currencies — on IBM’s now-live blockchain-powered payments network, “World Wire.” According to the joint announcement by IBM…

Wednesday, April 17 — most of the top 20 cryptocurrencies are reporting discreet gains on the day by press time, as bitcoin (BTC) approaches the $5,250 mark.Market visualization courtesy of Coin360Bitcoin is up over two percent on the day, trading at around $5,242 by press time, according to CoinMarketCap. Looking at its weekly chart, the…

Ether (ETH) rebounded from a $1,550 low on March 24, which marked a 17% fall from the $1,870 weekly high. Even though the $1.15 billion options expiry in the early hours of March 26 could have pressured Ether price, the continuing surge in gas fees for Ethereum transactions likely played a part.To better assess these…

Australian regulator the Australian Securities and Investments Commission (ASIC) has revealed plans to increase scrutiny of cryptocurrency exchanges and Initial Coin Offerings (ICO) in its ‘Corporate Plan’ published this week.ASIC, which acts as a supervisory organ for financial market operators, highlighted the exchange sector as an area of priority through 2022.Specifically, the body plans to…

Major Coinbase shareholders have sold over $14 million of stocks over the past 48 hours. 336 Total views 2 Total shares According to public trading data, Coinbase co-founder Fred Ehrsam and ARK Invest have sold more than $14 million of Coinbase shares over the past 48 hours.Information shared by Insider Tracker, a service that shares

United States Securities and Exchange Commission (SEC) Commissioner Hester M. Peirce has argued in favor of self-regulation for cryptocurrency markets when possible. The commissioner made her remarks during a public talk together with former Commodity Futures Trading Commission (CFTC) chairman Gary Gensler at the MIT Bitcoin Expo 2019 on March 9.The context for Pierce’s comments…