
Thief returns final tranche in $610 million cryptocurrency heist
Aug 23, 2021 23:19 pm UTC| Digital Currency Economy
The hacker that stole over $600 million worth of digital tokens from the decentralized finance platform Poly Network in the all-time biggest cryptocurrency heist has granted access to the final tranche of stolen...

Binance tightens background checks as global anti-money laundering regulatory pressure mounts
Aug 21, 2021 16:36 pm UTC| Digital Currency Economy
The worlds biggest cryptocurrency exchange Binance would begin demanding stricter background checks on customers to bolster efforts against money laundering in response to global pressure by regulators. Binance users...

Hundreds of cryptocurrency traders to sue Binance for millions lost due to outage
Aug 20, 2021 23:53 pm UTC| Digital Currency Law
Hundreds of cryptocurrency investors are expected to join arbitration proceedings against Binance to recover losses caused by the exchanges outage on May 19. That day, bitcoin and ethereum posted their highest one-day...

UWM hopes to become first US mortgage lender to accept crypto payments, gives nod to bitcoin
Aug 20, 2021 23:21 pm UTC| Digital Currency Economy
United Wholesale Mortgage (UWM) is hoping to become the first US mortgage company to accept cryptocurrency to satisfy mortgage payments The Michigan-based UWM hopes to start accepting bitcoin in Q3, and it is currently...

Estimated $97 million in cryptocurrency stolen after Japanese exchange Liquid is hacked
Aug 19, 2021 23:31 pm UTC| Digital Currency Economy
Japanese cryptocurrency exchange Liquid was hit by a cyberattack that allowed hackers to steal $97 million worth of digital coins. Liquids digital currency wallets had been compromised, allowing hackers to transfer the...

Cardano’s Ada hits record price $2.49 amid expectation of software upgrade
Aug 19, 2021 23:31 pm UTC| Digital Currency Economy
Cardanos Ada soared more than 14 percent to $2.49 by 12:52 am EDT Friday, raising its market capitalization above $75 billion, amid anticipation for an upcoming software upgrade that could help the token compete with...

Aug 18, 2021 23:37 pm UTC| Digital Currency Economy
Global cryptocurrency adoption among ordinary investors surged 881 percent in the past year, with most coming from Vietnam, India, Pakistan, and Ukraine, according to crypto-analysis firm Chainalysis. Chainalysis, which...