Cross-chain liquidity protocol THORChain has fully recovered from two summer exploits that compromised millions of dollars in user funds after the company announced Thursday that it had received passing grades in a new security audit. The simultaneous audits, which were carried out by cybersecurity companies Trail and Bits and Halborn, allowed THORChain to implement a five-step recovery plan. THORChains contributors…
El Salvador, the country that made bitcoin legal tender alongside the U.S. dollar, has bought the dip again. The Salvadoran government has purchased a total of 1,120 bitcoins, currently worth more than $68 million. El Salvador’s Bitcoin Holdings Grow El Salvador has bought the dip again, taking advantage of the falling price of bitcoin on Wednesday. President Nayib Bukele tweeted:…
This Crypto City guide looks at New York Citys crypto culture, its most notable projects and people, its financial infrastructure, which retailers accept crypto, and where you can find blockchain education courses and theres even a short history of the controversial regulatory regime required to operate in the city. Fast facts City: New YorkCountry: United StatesPopulation: 8.8 millionEstablished: 1624Language:…
Coinbases mobile app is currently the App Stores most popular app in the United States, ahead of TikTok, YouTube, and Instagram. Crypto.com, another popular crypto exchange, is also in the App Stores Top Ten rankings, according to SensorTower. Coinbases iOS app, which was launched in June 2014, has seen almost 1.5 million downloads to date, with a sudden increase in…
Recently, Ars Technica published an article from staff writer and environmental science PhD Tim de Chant, aiming to rebut Texas Senator Ted Cruz’s comments from the Texas Blockchain Summit earlier this month. De Chant took issue with the following statement from Cruz: “Because of the ability of bitcoin mining to turn on or off instantaneously, if you have a moment…
Multichain transaction network Biconomy has concluded a public token sale of its BICO cryptocurrency, onboarding more than 12,500 new tokenholders in the process, the company announced Thursday. The public sale, which was facilitated by token listing platform CoinList, raised a cumulative $11.5 million. More than 850,000 people registered for the sale, which was the largest waitlist on CoinList to date.…
In brief Buterin could have HODLed but he didnt, and SHIB fans are all the richer for it. Remember in early May when Ethereum co-founder Vitalik Buterin burned more than $6.7 billion worth of SHIB tokens? Well, theyre not worth $6.7 billion anymore. At todays priceswhich have blown up 98 million percent since New Year’s Day, according to figures taken…
A provincial branch of one the largest Islamic organizations in Indonesia has declared cryptocurrency “haram,” or forbidden under religious law. The decision came after a “heated discussion” joined by a crypto expert who was invited to explain in detail the practice of using digital coins. Cryptocurrency Deemed ‘Haram’ in Indonesia The local branch of the Indonesian religious organization Nahdlatul Ulama…
Bitcoin (BTC) investors will resist selling their coins a lot longer and the bull run will continue, new analysis believes. In a Twitter debate on Oct. 28, data analyst Mitch Klee delivered fresh evidence that the current bull run is only 50% complete. RHODL demands more upside Using the Realized HODL Ratio (RHODL) indicator, created by popular analyst Philip Swift,…
About two weeks ago, The Wall Street Journal ran an expose on the number of judges who held or traded the stock of companies over which they presided in legal proceedings. The article identifies 131 federal judges nationwide who did this during the period of 2010 to 2018. Of those 131 members of the judiciary, 61 judges purportedly traded the…
