blockchain

DeFi platform hacks itself to safeguard users’ funds

The developers of Primitive, Ethereum-based decentralized finance (DeFi) permissionless options protocol, “whitehacked” their own platform after a severe exploit was discovered today.
The post DeFi platform hacks itself to safeguard users’ funds appeared first on CryptoSlate. …

blockchain

More Woes For XRP As MoneyGram Suspends Trading On Ripple’s Platform

The United States Securities and Exchange Commission has a long and complex history with the cryptocurrency industry. This has included the prosecution of fraudulent Initial Coin Offerings during the ICO boom a few years ago, the back and forth of the Bitcoin ETF, and the issues surrounding the introduction of crypto-related regulation. The latest of […] …

blockchain

US treasury secretary recommends digital dollar to Feds

TL;DR Breakdown Janet Yellen asks Federal Reserve to look into digital dollar. Yellen currently against Bitcoin. The newly appointed US treasury secretary, Janet Yellen, has said that it makes sense for the Federal Reserves to look into a digital dollar idea. However, despite being open-minded to a digital dollar idea, the secretary has strong concerns […] …

blockchain

Leading crypto ETP issuer 21Shares records $1 billion AUM

TL;DR Breakdown: Leading crypto ETP issuer, 21Shares, has surpassed an AUM of $1 billion.  This milestone is coming just a few weeks after the company reported $500 million in AUM. The Switzerland-based leading cryptocurrency ETP (exchange-traded product) issuer, 21Shares, has reported exponential growth in assets under management (AUM). This is somehow another confirmation of deep-pocketed […] …

blockchain

“You might as well have crypto” Elon Musk Responds to Peter Schiff in Gold Vs Bitcoin Debate

Elon Musk, the CEO of Tesla has responded to ardent Bitcoin basher Peter Schiff over his quote “Bitcoin is as BS as Fiat” where Schiff shilled Gold to Musk claiming it is the only reliable asset. However, Musk refuted Schiff’s claims on Gold saying, An email saying you have gold is not the same as
The post “You might as well have crypto” Elon Musk Responds to Peter Schiff in Gold Vs Bitcoin Debate appeared first on Coingape. …

blockchain

Motley Fool to buy $5 million of Bitcoin—but it missed on a potential for $2.5 billion

The wildly popular investment and analysis magazine announced the move yesterday, years after calling Bitcoin a “terrible investment.” The Fool buys Bitcoin “We’re buying $5 million in Bitcoin on our own balance sheet.
The post Motley Fool to buy $5 million of Bitcoin—but it missed on a potential for $2.5 billion appeared first on CryptoSlate. …

blockchain

Sweden’s Riksbank says there is no possibility for a cash-like CBDC

World’s oldest central bank, Sweden’s Riksbank, asserts that the central bank digital currencies, CBDC has little or no tendency of performing cash-like features, following a recent Bloomberg report. Thus deduced from its rigorous research and consistent study on the probability of a digital currency. Sweden’s Riksbank has gained eminent recognition in its steadfast research to […] …

blockchain

Marscoin coming soon?

TL; DR Breakdown Musk eyes a new digital currency Binance CEO names the coin ‘MarsCoin’ No concrete plans to develop this digital asset yet. Elon Musk’s recent conversation held on Twitter seems to suggest that Dogecoin might not be the only Martian currency when his operation to settle in Mars is substantial enough. As Tesla […] …

blockchain

MarsCoin: Elon Musk anticipates unknown cryptocurrency

TL;DR Breakdown The creation of MarsCoin will boost the economy on Mars. Elon Musk engages in conversation with Binance CEO Chanpeng Zhao about mystery cryptocurrency.  The current world’s richest man, Elon Musk, is in the news again, and this time not about Dogecoin but MarsCoin. As the name implies, the coin is a cryptocurrency that […] …