Crypto EcoBlog
Hackers are perhaps the villains in the cryptocurrency industry as they continue to look for better ways to steal digital currencies from both traders and exchanges. While there have been few reports about attacks on trading platforms recently, these bad actors have seemingly shifted more focus to new and unsuspecting crypto users. 1.4M XRP Lost To Fake Ledger ExtensionSince the start of the year, there have multiply reports from crypto wallet users who lost their funds after using several...
Read More »Andreessen Horowitz To Raise $450 Million For A Second Cryptocurrency Investment Fund, Report Says
The private American venture capital firm, Andreessen Horowitz (a16z), intends to raise $450 million for a second cryptocurrency investment fund, according to a report. The company already raised $300 million in 2018 for its first-ever investment fund devoted to cryptocurrency-related businesses.A16Z To Raise $450M?The Financial Times reported yesterday that Andreessen Horowitz will be raising $450 million for a second cryptocurrency investment fund. By citing “two people briefed on the...
Read More »Craig Wright Has Less Than 3 Days To Deliver 11,000 Documents In His 1.1M BTC Lawsuit
Craig Wright’s objection that attorney relationship between himself and his attorney and “spousal privilege, relevance, overbreadth, undue burden, disproportionality and cumulativeness” allowed him to deny producing the 11,000 documents in his historic case involving the Kleiman estate has now been overruled in a new court ruling April 13 that requires that Wright deliver all the relevant materials by April 17, 2020. The lawsuit concerns 1.1M bitcoin worth billions of dollars.Wright Denied...
Read More »Overstock’s tZERO WIll Support Tezos Blockchain For Its Digital Securities Protocol
The popular blockchain company for capital markets, tZERO, announced a new collaboration with the Tezos Foundation. The Overstock subsidiary aims to support more blockchain platforms outside of Ethereum. Therefore, the firm’s digital securities protocol will also utilize the Tezos blockchain.tZERO On Tezos BlockchaintZERO, the blockchain project of the giant American internet retailer – Overstock – announced its newest partnership with the Tezos Foundation earlier today. Consequently, its...
Read More »G20’s Financial Stability Board Recommends Common Regulation For Stablecoins
The G20’s Financial Stability Board (FSB) has issued ten recommendations for a common regulation on stablecoins. Their growing usage and volume may undermine financial stability if world governments don’t set up the necessary legislation.FSB’s Recommendations For Stablecoin RegulationReuters reported earlier today the FSB’s intentions to “proportionately” regulate stablecoins. The agency has developed a paper, which it will deliver to G20 finance ministers and central bank governors during a...
Read More »ShapeShift Crypto Exchange Acquires Non-Custodial Digital Wallet Provider
The popular instant digital asset exchange ShapeShift has reportedly acquired an Israeli startup called Portis. The latter has developed a non-custodial blockchain wallet. ShapeShift had already integrated the solution into its exchange but has now moved to acquire the company altogether.ShapeShift Acquires Non-Custodial Blockchain Wallet CompanyAccording to a popular Israel news outlet Globes, the well-known instant digital asset exchange ShapeShift has acquired Portis – the developers of a...
Read More »The FBI Warns Against The Growing Number Of COVID-19 Cryptocurrency Scams
The Federal Bureau of Investigation (FBI) has issued an official warning regarding the increasing number of COVID-19 scams involving cryptocurrencies. The agency outlined various fraudulent activities, including blackmail attempts, work from home fake ads, and investment scams.FBI: Beware Crypto And COVID-19 ScamsThe sudden COVID-19 outbreak caused numerous disruptions in regular day-to-day life. Millions of confirmed cases worldwide, entire nations under lockdown led to people losing jobs...
Read More »Safe-Haven Uncorrelation: Gold Surpasses $1,700 Recording Highest Price Since 2012 As Bitcoin Struggles
Gold has crossed the $1,700 mark for the first time since 2012 as traders and investors seek wealth security in these times of economic uncertainty — headlined by the COVID-19 outbreak. The recent gains in the gold market coincide with pressures on Bitcoin, which has dropped from nearly $7,500 to about $6,800 within seven days.As of writing these lines, gold’s daily high lies at $1,722 following a 16% increase since the monthly low of March 16, 2020, at $1,450.Gold, since 1971....
Read More »Tezos Partners With Global Accountants Association To Explore Blockchain Implementation
Tezos Southeast Asia (TSA) is partnering with the Association of Chartered Certified Accountants (ACCA) to employ the Tezos blockchain for accounting services. The two associations will explore different utilizations, including mass education initiatives on the fundamentals of blockchain technology.The Tezos Blockchain In AccountingThe Singapore-based branch of Tezos announced the news earlier today in a press release. By signing a Memorandum of Understanding (MoU), TSA and ACCA have agreed...
Read More »Tezos Southeast Asia Partners With Global Accountants Association To Explore Blockchain Implementation
Tezos Southeast Asia (TSA) is partnering with the Association of Chartered Certified Accountants (ACCA) to employ the Tezos blockchain for accounting services. The two associations will explore different utilizations, including mass education initiatives on the fundamentals of blockchain technology.The Tezos Blockchain In AccountingBased in Singapore, Tezos Southeast Asia announced the news earlier today in a press release. By signing a Memorandum of Understanding (MoU), TSA and ACCA have...
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