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The Cosmos developer Tendermint will launch a “universal DEX” in May for trading any cryptoasset. For this, the company acquired the B-Harvest project, which runs on the Cosmos blockchain. Tendermint creates Cosmos, a decentralized network that connects independent blockchains to enable interoperability between them. The developers acquired B-Harvest, a DeFi project that was developed on Cosmos and operates one of the Cosmos validator nodes. Tendermint did not disclose the amount of the transaction, but noted
Users filed a class action lawsuit against hardware wallet maker Ledger and e-commerce platform Shopify over a data breach last year. In July 2020, Ledger reported a breach in its marketing database, leading to the release of a million emails and some personal documents from customers. The compromised database was later put up for sale on the Internet, after which people began to complain about fraudulent emails. A few months ago, Ledger provided details, reporting
Ripple has gained access to internal SEC documents, in which the department expresses its views on the nature and regulation of crypto assets. Ripple still intends to prove XRP is not a security. Last December, the US Securities and Exchange Commission (SEC) filed a lawsuit against Ripple and its co-founders, accusing them of a $ 1.3 billion sale of unregistered securities in 2013. Ripple has denied the agency’s accusations, urging the Commission to elaborate on
Indian technology company Tech Mahindra is working with the Quantoz incubator to develop a new service that will allow banks and financial institutions to settle in stablecoins. Tech Mahindra announced that it has entered into an agreement with the Dutch blockchain-based application incubator Quantoz to jointly develop a tool to integrate stablecoins into banking infrastructure. The tool is intended not only for banks, but also for firms operating in the financial sector. According to the
The number of Lightning Network nodes on the Bitcoin blockchain has grown by almost 94% over the year and exceeded 10,000. 1185 BTC worth about $ 69 million are currently blocked on the Lightning Network. According to publicly available data, the number of nodes in the second layer of the Bitcoin Lightning Network reached 5,335 in April 2020. As of April 2021, their number has almost doubled to 10,348. However, this figure only includes nodes
Stellar developers have reported network outages due to the disconnection of about half of the Stellar Development Foundation (SDF) nodes. Bitfinex and Bitstamp have suspended deposits and withdrawals of XLM. Stellar technicians reported that some validators were disabled around 1:00 PDT. The engineers have been working on fixing the problem for about 10 hours. Details and estimated recovery times for Stellar remain unknown. According to block explorer Stellar Expert, transactions are still being processed on
Cryptocurrency fund management company Grayscale Investments has announced its full readiness to transform the Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF) for bitcoin after the consent of the SEC. Grayscale Investments intends to re-apply to the US Securities and Exchange Commission (SEC) to launch a Bitcoin exchange-traded index fund. This fund will provide traditional investors with access to BTC without having to own the asset itself. There are certain difficulties here. In recent
According to Goingecko, the cryptocurrency market capitalization has surpassed the $ 2 trillion mark. On Coinmarketcap, the market is still valued slightly lower, at $ 1.97 trillion. Bitcoin’s capitalization still exceeds the combined value of all other cryptocurrencies – its dominance index today is close to 56%. Together with ether (capitalization $ 243 billion), they “weigh” 67.5% of the entire market. The third is Binance Coin with a capitalization of $ 57.7 billion. The cryptocurrency
The Central Bank of Thailand (BoT) has opened a public discussion on the launch of the government’s digital currency and its capabilities. The regulator accepts comments until June 15th. The Bank of Thailand has published an advisory report on the prospects for the digital Thai baht launch. According to the document, the state digital currency is considered a safe means of payment and can be used along with cash. The digital baht will be available
The UK Financial Conduct Authority (FCA) has reported on a firm called the Blockchain Recovery Association posing as a legitimate company with an FCA license. The regulator reported on the increased incidence of cryptocurrency fraud, when cybercriminals carry out phishing attacks under the guise of the names of licensed companies. One such scheme was the Blockchain Recovery Association, whose founders sent emails to potential investors and also made cold calls. The cybercriminals pretended to be