QuadrigaCX Trustee Ernst & Young Unable to Pay $171 Million in Claims
According to EY’s filing, the company is planning to convert all recovered assets into Canadian dollars. It is also going to allocate funds to Quadriga’s customers depending on cryptocurrency prices from 2019.Ernst & Young (EY), the largest assurance and consulting services company and a...
Crypto Scam Site Steals 1.1 Million XRP from Ledger Owners
Ledger customers are now facing a significant increase in phishing attempts after a major leak of email and private information affected them in early 2020.Crypto scammers have managed to conduct a successful scam that netted at least 1,150,000 XRP from unsuspecting Ledger users. As...
Square Generates $1B in Bitcoin Revenue in Q3
On an overall scale, the third quarter’s total company revenue amounted to $3.03 billion, up from $1.27 billion in the third quarter of the previous year.
On Thursday at the market close, Square Inc (NYSE: SQ) published in its Q3 investor letter that during the...
Coinbase Supports Civic (CVC), Decentraland (MANA), district0x (DNT)
Over the past months, Coinbase has revealed plans to list new coins on its platform. Many of them are already listed, while some are yet to be listed on the exchange platform.
Cryptocurrency exchange Coinbase now supports Civic (CVC), Decentraland (MANA), and district0x (DNT) on...
Cross-Chain DEX Chocoswap Partners with ONTO Data Wallet
According to Shawn You, co-founder of Chocoswap, “the large user base of ONTO will become the cornerstone of Chocoswap’s further development.”Chocoswap, dubbed a cross-chain decentralized crypto exchange, announced a strategic partnership with ONTO data wallet from Ontology. According to a medium post by Chocoswap,...
Bybit Announces Huge Partnership Deal with FC Borussia Dortmund
This agreement will see the Bybit logo and slogan displayed on the BVB’s websites and social media platforms as well as their stadium in live matches.Bybit, a fast-growing cryptocurrency exchange, has made a tremendous step to announce a partnership agreement with one of the...
DeFi Futures Index Collapses Erasing All Gains Since June 2020
The DeFi market has plunged over the last month of October as some of the top performers of summer 2020 have seen valuations crashing. Analysts think that the majority of the money from the DeFi market profit-booking has gone to Bitcoin.The summer 2020 party...
China’s Digital Yuan Is ‘Long Way’ from Dethroning USD
China’s central bank digital currency (CBDC) does not have the capacity to displace the United States dollar as the reserve currency.
The Independent Strategy president and global strategist David Roche stated that China’s digital yuan had “a long way” to travel before reaching a point...
No More Gas Fees with Shadow Staking from SpaceSwap
Developed by the SpaceSwap team, shadow staking minimizes the number of transactions within the network and makes the process transparent.
The DeFi market is arguably the hottest trend in the cryptocurrency space right now. It is almost at the same level of excitement as the...
U.S. Court Orders Telegram to Pay $625,000 to Lantah
The legal dispute with Lantah continued till August even after Telegram was forced to leave its TON project.
Telegram Messenger Inc. will pay fees worth $625,000 to crypto firm Lantah LLC which the messaging platform sued in 2018. At the time, Telegram sued the crypto firm for...