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OPINION
The objective of setting up special purpose acquisition companies (SPACs) is to raise money through an initial public offering to buy another company. In…
NEWS
The pilot program will use Pax Dollar (USDP) instead of Diem. The social media giant tapped Coinbase Custody to store crypto assets. US senators…
BLOG
Today, we got the chance to chat with Sky Guo, the Co-Founder and CEO at Cypherium. In this interview, we discussed Cypherium’s goals, what…
LATEST POSTS
In early September, El Salvador adopted Bitcoin as legal tender in a bit to strengthen the country’s remittances. Following this move, El Salvador’s largest bank has partnered with Flexa for Bitcoin payment. This move could see companies like MoneyGram and Western Union losing considerable market share in the country’s…
SEC chairman Gary Gensler lays out crypto market agenda in senate testimony He calls the crypto market a “Wild West” Gensler also clarified that, despite his criticism, he was not pessimistic about cryptocurrencies. The chairman of the US Securities and Exchange Commission (SEC), Gary Gensler, has once again urged…
Bitfinex adds Security Offering to its long list of products The Bitfinex Security will operate under the Astana Finance Services Authority (AIFC) regulatory sandbox. This investment product will provide an avenue for the diversification of the financial portfolios. Bitfinex’s blockchain-based investment product provider has formally announced the debut of…
Demand for mining rigs has been witnessing growth since Bitcoin crossed $50,000. Best selling miners with AMD and NVIDIA GPUs are fetching anywhere between $3,500 and $4,000. The Vietnamese government remains skeptical about the use of cryptocurrencies. With Bitcoin is resuming its bull run and prices of the coin…
On August 30 (Friday), Coinbase erroneously sent an email to its users stating that their two-factor authentication (2FA) settings have been changed. The email triggered panic and confusion among users, as they thought their account might have been hacked. The incident also led to widespread public backlash. Coinbase took…
Cream Finance lost more than $19m in cryptocurrency to an unidentified hacker. The hacked DeFi protocol stopped the exploit by pausing supply and borrowing of contracts on the AMP token. After the attack, both the AMP token and Cream Finance’s native token, CREAM, witnessed a significant fall in prices….
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