Monday, April 22, 2019
Tim Solan is out as CEO of the beleaguered Wells Fargo. The news sparked curiosity and hope among crypto players that his replacement is more open to the space than Sloan. While Wells Fargo execs were mum about who’d replace Sloan, the rumor mill chatter quickly began to spin. Making...
Bithumb, the largest bitcoin exchange in South Korea alongside Upbit, has been hacked for around $20 million. The company said that user funds stored in crypto cold storage wallets were not hacked, but corporate funds were moved. BITHUMB HACK LIKELY AN INSIDE JOB Cold storage wallets refer to offline wallets that...
Facebook is moving into cryptocurrency, aiming to create some type of stablecoin that will make it possible for users within its gargantuan network to transfer value to each other. Why Facebook doesn’t simply use an existing cryptocurrency is, of course, a mystery. FACEBOOK’S NOT GOING FULL CRYPTO Facebook should have just added...
Japan Railways Group, the biggest railway and subway operator in Japan that is used by millions of Japanese individuals on a daily basis, is considering the integration of crypto assets like bitcoin as a payment option. According to ANN News, a mainstream commercial television news network in Japan run by...
The darknet has a new soldier in the form Gustuff, a new Android trojan that has targeted over 125 cryptocurrency and banking apps. Gustuff has been in existence since April 2018 and stands with Anubis, Red Alert, and BankBot as one of the deadliest threats to the financial space. Cybersecurity firm Group-IB...
According to Ari Paul, a prominent investor in the cryptocurrency industry and the co-founder of BlockTower Capital, Fidelity has hundreds of passionate bitcoin advocates at the executive level. Fidelity, one of the largest asset managers in the world with over $2.46 trillion in assets under management, has made a targeted entry into...
Bitcoin might have taken the financial world by surprise. But regulatory squeamishness ensures that it is still far away from gaining mainstream adoption on Wall Street, according to Terry Duffy. CME’S TERRY DUFFY: REGULATORS DETEST BITCOIN’S FINITE SUPPLY The CME Group chairman and CEO told Business Insider that the biggest thing that is...
Agustin Carstens, Bank for International Settlements (BIS) general manager and a noted bitcoin critic, has said that the launch of central bank-backed crypto assets could undermine financial stability. During his speech at the Central Bank of Ireland, the BIS official said: “There are huge operational consequences for central banks in implementing monetary...
Visa Inc. is seeking a full-time technical product manager in Palo Alto, California. In a job posting to SmartRecruiters, the global card giant said it is looking for someone who is “passionate about the intersection of payments and cryptocurrency,” and “deeply familiar with permissionless blockchain technology.” With the additional job requirement of...
Wanchain, an Ethereum fork focused on cross-chain integration, announced support for EOSrecently. The short story here is that, in the near future, decentralized exchanges facilitating trades between EOS, Ethereum, and Bitcoin – which is increasing its token functionality via Blockstream’s Liquid product. We are very proud of our ecosystem made up of...