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2020

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South korea’s kookmin bank to store and manage digital assets

INDUSTRY

Thursday, 13 August, 2020 at 04:07 GMT
Kookmin Bank, considered to be the largest bank in South Korea, is set to offer digital currency custody and management services. The bank, better known as KB Bank, has partnered with blockchain venture capital firm Hashed and Cumberland digital currency exchange. ...
Things you should know about the bitcoin wallet

PREVIEW

Wednesday, 12 August, 2020 at 05:31 GMT
A bitcoin wallet is a wallet that plays an important role in keeping the money safely at you. As the bitcoin wallet is not only keeping the bitcoins but along with this, it has many private keys that you will require while making transactions and at the time of selling and buying...
Crypto exchanges see explosive increase in web traffic

INDUSTRY

Tuesday, 11 August, 2020 at 05:06 GMT
Reports show that cryptocurrency exchanges have seen a massive increase in web traffic, as cryptocurrency prices gained significant positive movements in July. ...
Cardano’s technology is best ethereum ahead of bitcoin

INDUSTRY

Sunday, 9 August, 2020 at 04:40 GMT
The Cardano (ADA) blockchain technology has been rated the blockchain project with the best technology, this rating was according to the latest update in the ranking of cryptocurrency worldwide by prestigious on-chain rating agency Weiss Rating. ...
Upcoming sberbank stablecoin to launch russia onto the crypto scene

INDUSTRY

Friday, 7 August, 2020 at 08:46 GMT
A Sberbank stablecoin is currently under development and will use the Hyperledger Fabric infrastructure. The biggest Russian bank will build its stablecoin in a bid to represent Russia’s digital asset prowess. The stablecoin’s native blockchain would help streamline financial...
Us authorities seize $65 million in an alleged banana fund scam

INVESTIGATIONS

Thursday, 6 August, 2020 at 06:28 GMT
In the United States, law enforcement authorities have seized $6.5 million worth BTC and Tether from an alleged crypto Ponzi scam dubbed the Banana Fund. The US Department of Justice seized the funds inc crypto after filing for the forfeiture last week. It comes after...
Ethereum transaction volume hits new high thanks to defi

INDUSTRY

Thursday, 6 August, 2020 at 05:33 GMT
According to DappRadar, the DeFi sector saw massive volumes in July to push the overall dApps market on the Ethereum network past $12 billion. DappRadar notes in its report that DeFi applications accounted for over 90% of the total transaction volume on the Ethereum network. ...
Defi options protocol opyn hacked over $371000 lost

WARNINGS

Wednesday, 5 August, 2020 at 05:36 GMT
The hack on Opyn's Ethereum put options happened around 4:00 AM PTThe team secured 572,165 USDC from its contract, but the hacker still got away with 371,260 USDCOpyn is decentralized, and the team cannot shut it down in the case of emergencyOpyn, a protocol offering options for...
European bitcoin exchange 2gether hacked for $1400000

WARNINGS

Tuesday, 4 August, 2020 at 04:35 GMT
Chief executive officer Ramon Ferraz Estrada said over the course of several tweets on Monday that the breach of July 31 affected crypto investment accounts and exposed user private keys. ...
Ethereum’s 5th anniversary

INDUSTRY

Monday, 3 August, 2020 at 09:31 GMT
Last week, the Ethereum blockchain platform celebrated its fifth anniversary. Ethereum has seen incredible adoption and is an integral part of the crypto space. The plarform is now taking its first steps towards leaving behind the Proof-of-Work (PoW) blockchain network it...

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