Scammers hack Bitcoin.org for a few minutes, receives 0.4 BTC from someone
For a brief period of time on Thursday 23rd September, hackers took control of the Bitcoin.org website and displayed the old double your money fraud. Apparently, a DNS attack was used to perpetrate this crime against the internet. Because of this, the Bitcoin community became aware of the situation and contacted Cobra, the owner of […]
Songbird (SGB) and Flare (FLR) can now be delegated to a leading Swiss IT firm
Another institutional blockchain services vendor has joined the ranks of the Flare Times Series Oracle (FTSO) platforms, bringing the total number of such platforms to seven. Delchain has formed a relationship with Lena Instruments to provide FLR and SGB delegation services. DelChain, a cryptocurrency-focused branch of digital wealth manager DelTec, has announced that it has […]
Chinese regulators unite forces to combat crypto
The Chinese central bank has established a “coordination mechanism” with state agencies in order to continue the fight against cryptocurrencies. According to state officials, the Chinese government is becoming more serious about cracking down on the cryptocurrency business, as they deploy more resources to battle cryptocurrency operations in the country. China’s People’s Bank of China […]
Acting OCC head cautions that ‘fools gold’ in DeFi reminds him of lead-up to Great Financial Crisis
Acting OCC Director Michael Hsu warned that some crypto and DeFi financial instruments were reminiscent of those that triggered the 2008 Global Financial Crisis (GFC). However, despite the fact that cryptocurrency has mostly avoided the ravages of hacking, scams, and collapses in the past, acting OCC chief Michael Hsu warns that the risks may be […]
Chinese central bank executive on crypto: Crypto adoption is a ‘huge challenge.’
One of the executives at the Chinese central bank has expressed concern that the growing adoption of cryptocurrencies such as Bitcoin (BTC) will pose a significant challenge to the traditional banking system. In spite of local players’ experiments with digital yuan-pegged stablecoins, the People’s Bank of China (PBoC) maintains its anti-crypto position. In a recent […]