US crypto firm BitGo wins payment license in Singapore
Before receiving the license, BitGo served users in Singapore and APAC, but the offering included only custody services from the US South Dakota Trust and hot wallets.
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Traders, analysts offer mixed reactions to El Salvador’s BTC announcement
While some made out the announcement from a Lightning Wallet developer to be historic, the market seems to think it's ho-hum. 1958 Total views 4 Total shares While it was billed as the “one of the biggest announcements in Bitcoin's history,” the market seems to be puzzling over the landmark reveal that El Salvador’s sitting…

UK Central Bank Deputy Governor Dave Ramsden: Crypto Is Not a Store of Value
Dave Ramsden, deputy governor of the United Kingdom’s central bank, has said that crypto assets are too volatile to be a store of value. Ramsden made his comments in an interview with CNBC published on April 30.Bank of England (BOE) deputy governor Ramsden noted that over a year ago, the U.K.’s Financial Policy Committee (FPC)…

Huobi’s Derivatives Platform Rebranded as Huobi Futures to Attract More Investors
Huobi Group rebranded its derivatives trading platform as Huobi Futures in a bid to attract more investors to cryptocurrency derivates trading. 3217 Total views 68 Total shares Huobi Group has rebranded its cryptocurrency derivatives exchange platform Huobi DM to Huobi Futures.According to the announcement from spokesperson and head of Huobi global business Ciara Sun the…

Aave devs propose freezing Fantom integration, citing lack of traction and potential vulnerability
The Fantom market on Aave v3 adds just $30 each day to the DeFi protocol's treasury; developers are also concerned that the integration creates security risks. 190 Total views 4 Total shares On Tuesday, Marc Zeller, integration lead at decentralized finance (DeFi) borrowing and lending protocol Aave, proposed to freeze the platform's v3 Fantom market.…

Crypto’s Indiana Jones? Coinbase exec helps recover $322K worth of once-lost crypto
Conor Grogan tracked down $322,000 worth of dormant ETC and returned it to its owner, who was unaware the money ever existed. 197 Total views 1 Total shares It’s not every day that one discovers they've suddenly become $322,000 richer — but for one lucky crypto investor, this is exactly what happened in the waning…

$2B in crypto stolen from cross-chain bridges this year: Chainalysis
The $190 million Nomad Bridge exploit is just the latest out of 13 separate bridge attacks in 2022 so far. 184 Total views 4 Total shares Cross-chain bridge hacks have accounted for 69% of the total crypto stolen in 2022, amounting to $2 billion in losses, according to a new report. The report comes from blockchain…

Mark Cuban and Tyler Winklevoss Squabble Over Bitcoin Complexity
Despite being over a decade old, Bitcoin (BTC) is still not particularly easy to understand. Even major BTC bulls like Tim Draper have admitted that Bitcoin still lacks ease of use for mainstream adoption.In the same vein, two key figures in the community held an informal Twitter debate over Bitcoin’s complexity today.Debate intro: Cuban might…

Hardware wallets to take similar approach to potential Ethereum hard fork
Forked coins have proven to be lucrative in the past. Holders of Ethereum came to possess an equivalent amount of Ethereum Classic when it forked in 2016. 750 Total views 19 Total shares Ethereum's blockchain Merge is expected to take place around 05:05 UTC on Sept. 15. It is a milestone that marks a full…