Monero Leader Accuses MobileCoin of Borrowing Code

Key Takeaways Riccardo Spagni of Monero has accused MobileCoin of using the former coin’s code without acknowledging its origins. Others have criticized MobileCoin for being overly centralized. The coin became more notable this week when Signal decided to adopt it as a means of payment. Share this article MobileCoin is facing criticism around the origin […]

Ledger and Shopify Face Class Action Lawsuit Over Data Breach

Key Takeaways A lawsuit has been filed against hardware wallet provider Ledger and its e-commerce partner Shopify over a data breach. In 2020, rogue employees at Shopify exploited a database vulnerability in order to gain access to Ledger’s client list. The lawsuit alleges that Ledger failed to notify customers or admit to the full scope […]

Real Estate Giant Caruso Will Accept and Buy Bitcoin

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Bitcoin, Ethereum, and XRP Are Primed for Higher Highs

Key Takeaways Bitcoin prices could fall and complete the right shoulder of an inverse head-and-shoulders pattern, then rise above $67,450. Ethereum must regain $2,050 as support before its market value to advance to a new all-time high of $2,500. After an explosive breakout, XRP prices may also rise further. Share this article A spike in […]

An Asynchronous and Divergent Recovery May Put Financial Stability at Risk

Source: Adobe/adrian_ilie825 Tobias Adrian is the Financial Counsellor and Director of the International Monetary Fund’s Monetary and Capital Markets Department._____ After enduring a tumultuous 2020, the global economy is finally emerging from the worst phases of the COVID-19 pandemic, albeit with prospects diverging starkly across regions and countries—and only after a “lost year” spent in […]

NYDIG Raises USD 100M, Meitu Buys More BTC, Crypto Climate Accord + More News

Source: Adobe/anatoliy_gleb Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investments news Provider of technology and investment solutions for Bitcoin (BTC), NYDIG, raised USD 100m of additional growth capital from strategic partners including property and casualty (P&C)-focused insurers Starr Insurance, Liberty […]

US must embrace Bitcoin to counter Chinese ‘financial attack’ — Pomp

Bitcoin (BTC) can undermine the U.S. dollar if the United States does not take a lead role in accepting it, argues Anthony Pompliano. Speaking to CNBC on April 8, the Morgan Creek Digital co-founder followed up on a warning from investor Peter Thiel that China could use Bitcoin to destabilize USD hegemony. Thiel cautions over […]

New Bitcoin Mining Giant Emerging in US With USD 651M Deal

Source: Adobe/Konstantin Yolshin US-based listed Bitcoin (BTC) mining company Riot Blockchain said it’s buying Whinstone, the owner and operator of North America’s leading Bitcoin hosting facility, from Northern Data for USD 651m. The company said it has already signed a definitive agreement and expects to close the transaction in the second quarter of 2021. According […]

Equilibrium Raises $2.5 Million to Compete in Polkadot Auction

Share this article Equilibrium, an interoperable DeFi project on Polkadot, raised $2.5 million to build its decentralized trading platform. Equilibrium Promises Cross-Chain DEX  The funding round saw participation from various crypto funds, including KR1, Signum Capital, Hypersphere, Block Dream, Genesis Block Ventures, DFG Capital, FBG Capital, and others. Equilibrium first proved its competence when it […]

America’s 2nd Oldest Bank Building Bitcoin Trading Platform

Key Takeaways State Street’s Currenex will help Pure Digital build a cryptocurrency trading platform. It’s due to launch in 2021. State Street has plans to “explore” crypto space and may begin trading on the platform. The bank joins BNY Mellon, Morgan Stanley and others in making a move towards adopting crypto. Share this article The […]