This week, the SEC rejects the Bitcoin ETF proposal submitted by Wilshire Phoenix. The decision was justified by concerns about market manipulation and lack of supervisory sharing agreements. SEC Commissioner Hester Peirce, known as “Crypto Mom”, publicly voiced his disagreement over the decision. In his statement, Peirce explained: “The SEC again rejected a proposed rule…
Bitcoin is designed to have a finite number of cryptocurrencies that can be mined. Estimated calculations show that the last currency is expected to be mined around 2140. To estimate the price of Bitcoin in the future, several projections have been made, based on different growth models. The best known are the model proposed by…
OKEx and Bitfinex, victims of DDoS attacks. OKEx and Bitfinex crypto exchanges suffered multiple denial-of-service (DdoS) attacks yesterday. It is not yet clear whether the attacks are connected, although the OKEx CEO blamed the competitors on his personal Weibo page. The first platform affected was OKEx, and the attack diverted up to 200 gigabytes per…
Wilshire-Phoenix publishes views on rejecting Bitcoin ETF. On February 26, the SEC rejected the Wilshire-Phoenix Bitcoin ETF proposal. This is the tenth application on this subject rejected by the US supervisory authority. Wilshire-Phoenix expressed disappointment over the SEC’s decision, reiterating some of the comments made by Commissioner Hester Peirce. They believe that the SEC did…
On February 22, Dreamhost founder Josh Jones claimed that $ 30 million worth of cryptocurrencies were stolen. In a post on Reddit, which was deleted in the meantime, Jones said he was stolen 60,000 BCH and 1500 BTC by compromising the SIM card. This is the first large-scale hack in crypto. In the deleted post,…
February started with high hopes for the crypto market – Bitcoin rose from $ 9300 to about $ 10,500 by mid-month. Unfortunately, the coronavirus outbreak that broke out this month had a negative effect on the price. Although it initially appeared that investors would choose to protect their assets through investing in cryptocurrencies, it was…
Earn cryptocurrencies from Airdrops and Bounty, two simple methods that do not require technical knowledge and are not time consuming. If you know English and you have one MEW wallet you are qualified. Beginners are advised to make a special email address for this activity, eg. ProtonMail. Is it making money from this? In 2016…
The German financial regulator, BaFin, has issued a notification classifying cryptocurrencies as financial instruments. According to a statement released Monday, BaFin has expanded the definition of financial instruments to include more digital assets. Previously, only security tokens were included in this category. In the press release, cryptocurrencies are classified as financial instruments: “A digital representation…
Cyber security specialists Aaron Turner and Georgia Weidman discussed mobile phone security at the San Francisco RSA conference. Two of the topics addressed were two-factor authentication and biometrics as security methods. The two issued a series of warnings and compared iOS versus Android phones. Experts have pointed out that authentication applications such as Google Authenticator…
The Huobi Exchange announced on Saturday that its own network, Huobi Chain, was successfully left on the testnet. The new blockchain was developed in collaboration with the protocol layer 1 provider Nervos. Huobi said the new network will allow companies and regulators to set rules for the emerging DeFi space. “With Huobi Chain, we want…
