Algorand blockchain-oriented investment firm Algo Capital has lost several million dollars in USDT and ALGO tokens, reports CoinDesk. According to a source familiar with the situation, Algo Capital told partners that the attackers were able to access the mobile phone of technical director Pablo Yabo. As a result, the company lost funds in the amount of $ 1 million to $ 2 […]
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The development of stablecoins can provoke serious regulatory problems, said Randall Quarles, chairman of the Financial Stability Board (SPS). Speaking at @EBFeu # EBS2019 in Brussels FSB Chair Randal K. Quarles reviews the FSB's first 10 years & considers its future role in an evolving financial system https://t.co/kCqvM44KiG pic.twitter.com/UsUQwyDoY2 – The FSB ( @FinStbBoard) October 3, 2019 “At the moment […]
Indian cyber police have lost access to $ 1.2 million from the sale of confiscated bitcoins due to blocking accounts by the country's Reserve Bank (RBI). According to The Times of India, law enforcement officers in Pune last year seized 244 MTCs during an investigation into the cryptocurrency pyramid GainBitcoin. The police hired Discidium Internet to convert cryptocurrencies to rupees. Subsequently, law enforcement officers tried to translate […]
A full launch of the Telegram Open Network will take place on time. The company informed investors about this in…
Cryptocurrencies cannot be regulated by analogy with money or existing financial instruments. This was stated in an interview for the YouTube channel “Russian Norms!” By one of the initiators of the creation of the Belarusian High-Tech Park (HTP), investor of the Currency.com cryptocurrency exchange and founder of VP Capital, Viktor Prokopenya. “Cryptocurrencies are a new phenomenon, a new story. And under it you need to write your own rules with […]
As part of a global expansion, the South Korean bitcoin exchange Bithumb will launch a platform targeted at Russian-speaking users. This was reported in the press release of the company. “Russia is one of the largest economies in the world and an important investment market. Many Russian bitcoin investors have been working on the cryptocurrency market since the first years of its existence. Therefore, Russia became one of the first countries with which we started our […]
One of the largest banks in Germany, Bayerische Landesbank (BayernLB) published a study in which it predicted the price of bitcoin in 2020 based on the ratio of reserves and growth and models of Seyfedin Ammus and the popular analyst Plan B. Is Bitcoin outshining gold? @Saifedean introduced the stock-to- flow approach to Bitcoin. It serves to quantify the “hardness” of an asset. We took the […]
The price of the Fusion token (FSN) has more than doubled since the developers of the financial blockchain platform Fusion Network announced that they had hacked their wallet. This is written by Decrypt. According to the statement of the project’s representatives in the official group on Telegram published on Sunday night, as a result of breaking the wallet for exchanging FSN tokens in ERC-20 format for tokens of the project’s own network […]
Starting from November of this year, Cardano network users will have the opportunity to make money on ADA staking. IOHK CEO Charles Hoskinson said this at Cardano Summit Bulgaria, writes Cryptobriefing. Hoskinson's statement came shortly after the successful launch of the Shelley test network, which is the first decentralized implementation of the Ouroboros Genesis consensus algorithm. At the moment, the introduction of additional functionality […]
Timofei Musatov, the lawyer of the alleged creator of the BTC-e bitcoin exchange, Alexander Vinnik, may be related to one of the companies through which $ 4 billion in cryptocurrency was laundered. The editor of ForkLog was informed by the owner of the MoneyPolo payment system Sergey Mayzus. Since November 2017, Meisus has defended his business reputation in the courts, which he claims to have suffered from allegations of his […]