Swiss digital bank Sygnum will become a custodian for storing ICP tokens

Cryptocurrency NewsBy 20/05/2021

The Swiss bank Sygnum has launched custody services for the ICP token of the DFINITY project. It is planned to connect spot trading and lending. Sygnum co-founder and board member Manuel Krieger said ICP holders can store tokens in special secure wallets of the bank. Sygnum also intends to launch ICP spot trading, and later options on this crypto asset. In the future, the bank plans to offer loans in ICP, which will allow clients…

BlockFi mistakenly credited bonuses in bitcoins instead of GUSD

Cryptocurrency NewsBy 20/05/2021

Several users of the BlockFi cryptocurrency loan service unexpectedly received gifts in bitcoins One of the users received more than $ 28 million. According to the rules of the promotion, bonuses are paid “as a lump sum in the form of GUSD”. It looks like the BlockFi programmers got it wrong and some users got Bitcoin bonuses. One of them shared a screenshot with over 700 BTC credited, which at the current exchange rate is…

Ethereum Developers disclosed information about the fixed critical vulnerability

Cryptocurrency NewsBy 20/05/2021

The Ethereum Foundation has released information on the vulnerability fixed in the Berlin hard fork. The vulnerability was discovered back in 2019 and could lead to the shutdown of the Ethereum blockchain. According to a blog post by the Ethereum Foundation, a vulnerability was discovered two years ago that posed a “serious threat to Ethereum” and was fixed after the Berlin hard fork was activated last month. The threat was a “public knowledge” and the…

China’s Inner Mongolia Province Invites Residents to Fight Illegal Mining

Cryptocurrency NewsBy 20/05/2021

The authorities in the Chinese province of Inner Mongolia are urging local residents to report illegal activities of cryptocurrency miners in order to reduce electricity consumption. Regulators in Inner Mongolia have long been trying to tighten controls over the mining industry. In March, regulators proposed to completely ban the mining of cryptocurrencies in the province to save electricity. In another attempt to “crowd out” miners, the Inner Mongolia Development and Reform Commission (DRC) has presented…

Daily Archives: 20/05/2021