Kumo
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11 months, 2 weeks ago
Bitcoin Lightning Network Faces Challenges and Potential for Mass Adoption
Bitcoin’s Lightning Network (LN) has been a topic of debate recently, with experts discussing its potential and challenges. Marcus, CEO of Lightspark, acknowledged ongoing efforts by companies like Lightning L…
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11 months, 2 weeks agoArgentina Elects Bitcoin Advocate Javier Milei as President
Argentina has elected Javier Milei as its new president, a significant victory for the staunch libertarian who is a strong supporter of Bitcoin. Milei defeated his opponent, Economy Minister Sergio Massa, with…
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11 months, 2 weeks agoArgentine Presidential Election Results: Pro-Bitcoin Candidate Javier Milei Emerges Victorious
In a surprising turn of events, Javier Milei, a pro-Bitcoin candidate, has been elected as the President of Argentina. With a vision that includes abolishing the Central Bank and adopting the US dollar, Milei has…
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11 months, 2 weeks agoArgentina Elects Pro-Bitcoin President, Bitcoin Price Surges
In a historic moment for Argentina and the crypto community, the country has elected its first-ever pro-Bitcoin President. Javier Milei, a right-wing libertarian and Bitcoin advocate, secured a significant victory…
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11 months, 2 weeks agoPoloniex Identifies Hacker Behind $120 Million Crypto Hack
Justin Sun’s cryptocurrency exchange, Poloniex, has identified the hackers responsible for a recent hack that resulted in the loss of $120 million. The exchange has offered the hackers a $10 million reward if t…
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11 months, 2 weeks agoHacker Steals $25 Million from Kronos Research in API Key Breach
A hacker managed to steal $25 million from Kronos Research, a quantitative trading firm, by gaining access to its compromised API keys. The unauthorized entity used the stolen keys to make six transactions,…
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11 months, 2 weeks agoSingapore's Monetary Authority Unveils Comprehensive Digital Money Strategy, Focusing on Wholesale CBDC and Tokenized Bank Liabilities
The Monetary Authority of Singapore (MAS) has unveiled its digital money strategy, focusing on wholesale central bank digital currency (CBDC), tokenized bank liabilities, and regulated stablecoins. This…
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11 months, 2 weeks agoCoinbase Receives Regulatory Approval for Crypto Futures Trading in the US
Coinbase, a leading digital currency exchange, has received regulatory approval from the National Futures Association (NFA) to introduce crypto futures trading in the United States. This comes after a two-year…
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11 months, 2 weeks agoBitcoin Advocate Javier Milei Wins Argentina's Presidential Run-Off Election
Argentina’s presidential run-off election resulted in a victory for Javier Milei, a Bitcoin-friendly candidate. With a significant lead in the votes, Milei secured over 55% of the votes, defeating his opponent S…
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11 months, 2 weeks agoArgentina Elects Bitcoin Advocate Javier Milei as President, Sparking Economic Reform Discussions
Javier Milei’s victory in the Argentine presidential election has sparked discussions about the role of Bitcoin in the country’s economic reform. Milei, a strong advocate for Bitcoin and a critic of central ban…
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11 months, 2 weeks agoWisdomTree Resubmits Bitcoin ETF Proposal to SEC, Reflecting Growing Institutional Interest
WisdomTree, a major player in the financial industry, has resubmitted its proposal for a spot Bitcoin Exchange-Traded Fund (ETF) to the U.S. Securities and Exchange Commission (SEC). This move is significant as it…
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11 months, 2 weeks agoKronos Research Hit by $26 Million Crypto Breach, Trading Operations Halted
Kronos Research, a market maker, trading firm, and venture capital fund based in Taipei, recently experienced a security breach that resulted in the unauthorized access to its API keys. As a result, the company…
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11 months, 2 weeks agoDecentralized Exchange dYdX Implements Risk Mitigation Measures After $9 Million Insurance Fund Loss
Decentralized crypto exchange dYdX has implemented new measures to address trading-related risks after losing $9 million from its insurance fund. The exchange has increased margin requirements on certain less…
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11 months, 2 weeks agoAirbnb Acquires Start-Up by Co-Founder of Siri for AI Advancements
Siemens Energy, a subsidiary of the German conglomerate Siemens, has received a guarantee of 7.5 billion euros from the German government. This guarantee is part of a larger package totaling 15 billion euros, which…
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11 months, 2 weeks agoCryptocurrency Exchange Dasset Enters Liquidation, Customers Unable to Access Funds
In a surprising turn of events, Dasset, a well-established cryptocurrency exchange based in New Zealand, has announced that it is entering into liquidation. This decision comes as a blow to the exchange’s c…
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11 months, 2 weeks agoPoloniex Identifies Hacker and Offers $10 Million Reward to Recover Stolen Funds
Poloniex, a cryptocurrency exchange, has identified the hacker responsible for stealing $120 million and is offering a $10 million reward for the return of the funds. The majority shareholder of Poloniex, Justin…
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11 months, 2 weeks agoDecentralized Exchange dYdX Pays $9 Million in User Liquidations Following Targeted Attack
On November 17, decentralized exchange dYdX experienced a significant loss of $9 million in user liquidations. The founder of dYdX, Antonio Juliano, believes that this was a targeted attack against the exchange.…
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11 months, 2 weeks agoTaiwanese Crypto Exchange Bitgin Under Investigation for Money Laundering
The Spanish regulatory authority is considering investigating cryptocurrency advertisements on platform X, emphasizing the need for businesses to comply with local regulations and take action against unregistered…
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11 months, 2 weeks agoCitibank Ordered to Pay $1.4 Million for Discriminating Against Armenian Americans
The Consumer Financial Protection Bureau (CFPB) has ordered Citibank to pay over a million dollars to potential customers who were treated unfairly. According to the CFPB, Citibank violated the Equal Credit…
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11 months, 2 weeks agoCitibank Ordered to Pay $1.4 Million for Racially Profiling Armenian American Customers
The Consumer Financial Protection Bureau (CFPB) has ordered Citibank, a major financial institution, to pay over a million dollars to potential customers who were racially profiled and treated unfairly. According…
