The Ponzi scheme has reportedly defrauded $5.7 million from the investors.
Category: STO News
Up to 72% of Ethereum wallets are in profit
Approximatly 31.86 million Ethereum addresses are currently in profit, more than the total number of Bitcoin addresses with balances As Ethereum’s price spiked above $300, more and more addresses holding Ether balances became profitable, data from Into the Block’s Historical In/Out of the Money (HIOM) metric shows. The HIOM indicator allows one to figure out […]
eToro Overtakes Robinhood in UK Debit Card Launch
The competition between trading platforms is heating up. We are now entering the stage where the big players are consolidating. As they scurry for new users, eToro grows parallel to Robinhood in terms of user count, with both surpassing 13 million. Recently, eToro took another step forward by acquiring Marq Millions Ltd, as the launching […]
Digital Asset Wallet Ledger, Suffers Data Breach Affecting 1M Clients
Ledger, makers of some of the most popular hardware wallets for digital assets, announced today that its platform has suffered a data breach. The Details As with any situation, there is both good and bad to be found. Based on information released by Ledger, the following make up each category. The Good Despite the breach, […]
Switzerland’s Six Stock Exchange Lists FiCAS Actively Managed Bitcoin ETP (BTCA)
Switzerland’s leading stock exchange, SIX, is listing an active crypto exchange-traded product (ETP) in a move that will increase digital asset exposure in the Zurich headquartered market. This new product will go by index ‘BTCA’ which derives from its full name, Bitcoin Capital Active ETP. Notably, the BTCA ETP will be issued by Bitcoin Capital […]
Dave Hodgson, CIO for NEM Group & Managing Director of NEM Ventures – Interview Series
Dave serves as Chief Investment Officer of NEM Group and Managing Director of NEM Ventures, where his role encompasses group investment management, jurisdictional analysis, partnership building and corporate structure design. Dave has 15 years experience consulting to various sizes of organisations, government agencies and NGOs on technology projects, and was an early adopter and programme […]
Some DeFi tokens could crash if Bitcoin continues to surge
Bitcoin’s surge above $10k is spelling bad news for the DeFi boom as the market cap of some tokens tank double digits Several tokens within the decentralized finance industry are seeing an extended downtrend even as Bitcoin and other top cryptocurrencies continue to surge. For most of June and July, leading cryptocurrencies sank into extended […]
Synthetix Foundation Decommissioned; Splits Into Three Community-Led DAOs
Synthetix Foundation breaks into three community-run organizations. The launch of the DAOs aims at total decentralization on the platform. Synthetix Foundation, the lead developer of Synthetix, a synthetic asset DeFi platform, announced this Tuesday that the platform’s governance is transitioning to three decentralized autonomous organizations, otherwise known as DAOs. In a blog post confirming the […]
PoS Blockchains Team Up to Launch a DeFi Protocol, Anchor, with Stable Interest Rate on Savings
PoS blockchains have teamed up to onboard liquidity mining through Anchor, decentralized finance (DeFi) platform built on the Terra blockchain. Stakeholders who are part of this initiative include Solana, Web3 Foundation, Cosmos, and Terra itself. This milestone was announced on July 6 in a Medium blog post by Terra; the firm highlighted that Anchor introduces […]
HedgeTrade and Bluzelle partner to improve social trading experience
Social trading platform HedgeTrade has announced a new partnership with Bluzelle to provide its users with blockchain-interoperable trading tools Cryptocurrency social trading platform, HedgeTrade, has seen a growing user base as the result of its unique approach to cryptocurrency trading — it allows professional and novice traders to work together and mutually benefit from sharing […]
