Day: February 23, 2021

Japanese Authorities Say the Majority of People Involved in Coincheck’s 2018 Hack Are Individuals With ‘High Social Status’ – News Bitcoin News

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More details keep appearing from the police investigation into the 2018 Coincheck hack that stole $530 million from the crypto exchange. Japanese authorities revealed that most of the individuals involved have a “high social status.” One of the Individuals Took Part in a NEM Swap Deal Is Worth $64 Million According to a report published by Bunshun, “the majority” of the men involved in the case are “high income” individuals. In fact, they come from different professional backgrounds, such as being company managers and doctors. Prosecutors said the individuals are…

Understanding Two Prominent Second Layer Ethereum Blockchain Solutions

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The meteoric rise of decentralized finance across 2020 exposed numerous vulnerabilities with the Ethereum network. While the Ethereum blockchain is one of the most secure and ‘battle-hardened’ infrastructures, high gas costs and scalability issues have led some projects to innovate instead of waiting for the long-desired Ethereum 2.0. Second-layer solutions have gained notoriety lately as companies endeavor to reduce gas fees and foster Ethereum scalability by shifting transactions to sidechains.  Polygon, a recent rebrand of Matic Network, intends to build a “multi-chain system” utilizing solutions like Optimistic Rollups, xkRollups, and…

#1047 XRP Coinbase Sammelklage, US Banken Stablecoins Zulassung, Binance Tradingvolumen Rekord

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1047. Im heutigen Video geht’s um folgende Themen: XRP-Investor startet Sammelklage gegen Coinbase, US-Banken können Stablecoins zur Zahlungsabwicklung nutzen, Binance Trading Rekord. 1.) XRP-Investor startet Sammelklage gegen Coinbase 2.) US-Banken können Stablecoins zur Zahlungsabwicklung nutzen 3.) Binance hits record high of $80B in daily volume as crypto markets surge Telegram Kanal: LBRY.tv: Steemit: HIVE: Instagram: Facebook: Sonnige Grüsse Dennis “Bitcoin Informant” Koray ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

DeFi will provide good regulatory test for SEC, says Commissioner Peirce

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Hester Peirce, commissioner for the U.S. Securities and Exchange Commission and known by the nickname “Crypto Mom,” welcomes the challenge of regulating DeFi. In a speech for a George Washington University Law School event on the digital economy, Peirce said decentralized finance, or DeFi could be the alternative legacy financial system many are seeking given the surge in anti-Wall Street sentiment surrounding the short squeeze of GameStop stocks. The SEC Commission said the technology could provide a “very good test” for the regulatory body in protecting investors and markets. “Although…

M31 Capital is looking to launch a new Bitcoin hedge fund

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M31 Capital, a New York-based global investment firm, has filed paperwork with the United States Securities and Exchange Commission, or SEC, to launch a new Bitcoin (BTC) hedge fund.  The proposed fund, dubbed M31 Capital Bitcoin Access Fund, is a limited partnership hedge fund based in Delaware, according to a Form D SEC filing submitted on Tuesday. The minimum investment from any outside investor has been set at $10,000. Details about the fund’s structure were not disclosed. M31 Capital is focused exclusively on cryptocurrencies and blockchain technology. The company also…

Paving the way to mass adoption

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Since its inception in 2009, cryptocurrency has become both a cultural and financial phenomenon. As news headlines tout its ever-increasing exchange values and disruptive potential, investors and banking experts have gone into a frenzy. And yet, while digital money is on a lot of people’s minds, there is still a lack of understanding about what it is and what it can do among mainstream consumers. This is because cryptocurrency is a discontinuous or disruptive innovation, and its adoption demands significant consumer behavior changes and the infrastructure of supporting businesses. In…

Skrill to Allow Withdrawals Direct to Crypto Wallets

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Not only does Skrill plan to launch the feature in different economic areas, but the company is also in the planning and execution process of adding additional cryptocurrencies to its Paysafe platform in the near future. There is great news hitting the cryptocurrency and blockchain marketplace today as a major player in the payments industry is making everyone’s life easier and allowing users to withdraw funds directly to a cryptocurrency wallet address. Skrill, a global payments provider, is allowing this feature to take place on their global digital payments integrated…

100x Cryptocurrency Strategy REVEALED! PREPARE NOW For Next Altcoin Boom! Finding The Next Trend!

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io A 100x Altcoin Rally Is Coming! PREPARE NOW! I Share My Strategy & What New Trend I Think Is On The Horizon! Like Always DYOR. Let us know in the comment section and hit Like, Share and Subscribe for more daily cryptocurrency news! Sub To Nugget’s News: Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamp: 0:00 – Intro (Watch The Whole Video!!) 1:22 – Something LIKE THIS Will Happen Again! 3:15 – People Made A LOT Of…

Nurturing Rebirth of Digital Identity through Decentralization

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PhoenixDAO aims to have five flagship products in the near term, with each product at different stages of incubation. PhoenixDAO is a community-based decentralized platform that was established with the mantra of rebirthing digital identity in our world. The startup was created to cater to the needs of businesses and institutions while powering the next generation of DeFi apps. Innovation rules the blockchain ecosystem and advances in DeFi, a unique offshoot of the emerging technology is growing by the day. With custom-made solutions to real-world challenges, projects like PhoenixDAO are…

Bitwise assets under management hit $1B, fueled by professional investors

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Bitwise, a leading cryptocurrency fund manager, reported another major milestone on Tuesday, as assets under management for its digital asset funds crossed $1 billion for the first time.  The Bitwise 10 Crypto Index Fund, which provides diversified exposure to Bitcoin (BTC) and other leading cryptocurrencies, accounts for over 90% of total AUM. Hunter Horsely, Bitwise’s CEO, said the crypto industry is at a “turning point” with respect to adoption. He explained: “We’re seeing accelerating demand from professional investors and financial advisors for exposure to crypto […] Professional investors value index…