ETC is facing delisting from OKEx in the wake of a 51% attack that cost the exchange $5.6 million.According to a report recently released by OKEx, the perpetrators registered five accounts between June 26 and July 9, 2020, subsequently depositing 68,230.02 ZEC (worth more than $5 million) on...
Gamified shopping loyalty platform StormX will now let its users earn cashback in cryptocurrencies when shopping at Walmart.According to an announcement shared with Cointelegraph on August 14, StormX users can now earn up to 4% cashback in crypto for purchases made at Walmart. Users who achieve a “Diamond”...
Over the past four months, the National Cyber Security Centre, or NCSC, removed over 300,000 URLs pertaining to fake celebrity-endorsed investment opportunities. More than a half of these sites belonged to fraudulent cryptocurrency investment schemes.Per an announcement published by the NCSC on August 14, an increasing number of...
When we talk about financial inclusion, we have to think about inclusion for whom, in what context, and what inclusion itself means. One of the common answers when thinking about who needs to be “financially included” is “most currently unbanked people, who should ideally have access to commercial...
After the original Yam Finance protocol collapsed due to a single line of code, its developers are planning to relaunch the project on new, audited smart contracts.In a blog post published on Friday, the developers outlined a migration plan that will see the already existing tokens get transferred...
The market capitalization of Tether (USDT) surpassed $12 billion as of Aug. 14, according to cryptocurrency market analytics firm Coinmetrics. Meanwhile, some believe the rapidly-rising valuation of the dominant stablecoin positively benefits Bitcoin (BTC) in the long term. But some investors also fear that it makes the cryptocurrency...
A U.K. woman has been arrested in possession of £115,000 ($150,000) of Bitcoin (BTC), according to a Metropolitan Police report. The cryptocurrency is alleged to be the proceeds of a fraudulent scheme applying for government loans designed to assist small businesses in the wake of the coronavirus pandemic.The...
China’s Commerce Ministry announced today that it will expand the trials of the nation’s central bank digital currency (CBDC) to include Beijing, as well as Tianjin and Hebei provinces.According to an Aug. 14 report by the Wall Street Journal, there is not yet a set time when the...
Bitcoin (BTC) may have recovered to $11,700 but miners could soon spark a price plunge, data warns.In an update on Aug. 14, on-chain monitoring resource CryptoQuant identified a spike in mining pool outflows. BTC price: CryptoQuant expects “little pullback”Aftering remaining stable this month, mining pool outflows have begun to...
After recovering 6.3% from a drop to $11,200 on Aug. 11, Bitcoin (BTC) price appears to be gearing up for a third run on the $12K mark. This comes after a week of bullish news which included Nasdaq-listed investment firm MicroStrategy purchasing 21,454 BTC as protection against the weakening...