Pennsylvania Sues Uber Over Data Breach Disclosure

Pennsylvania’s attorney general filed a lawsuit against the ride-hailing giant Monday for failing to disclose a massive hack for over a year—and may not be the...

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Decentralized Exchange IDEX Hits $13 Million a Day While Etherdelta Falters
Mar06

Decentralized Exchange IDEX Hits $13 Million a Day While Etherdelta Falters

The Myspace/Facebook analogy has been gratuitously overused, yet it aptly describes Etherdelta and IDEX. The former was once the only decentralized exchange in town, a hub of ERC20 tokens bolted to a barely usable interface. Then Etherdelta (ED) got hacked and launched a pointless ICO. While ED floundered, IDEX assembled a user-friendly alternative that was a pleasure to use. Its efforts have paid off: IDEX is now trading $13 million...

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Patent Data Reveals the Banking Sector’s Strange Relationship with Bitcoin
Mar06

Patent Data Reveals the Banking Sector’s Strange Relationship with Bitcoin

Banks and bitcoin are odd bedfellows, but they do share some things in common. To its proponents, bitcoin is the future of money, but it still takes “traditional” money to purchase cryptocurrency, and right now, banks control the conduits. If these oligarchs have their way, they’ll also have a controlling stake in the crypto sphere eventually, as the latest patent data shows. Also read: Bank of America Has Filed More...

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Korean Government Officials De Facto Banned from Holding and Trading Crypto
Mar06

Korean Government Officials De Facto Banned from Holding and Trading Crypto

The South Korean government has reportedly de facto banned all government officials from holding and trading cryptocurrencies. Even if their crypto activities are not related to their jobs, public officials can still be subject to disciplinary actions. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Public Officials De Facto Banned from Crypto South Korea has reportedly “issued a ban on virtual...

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Cryptocurrency Exchanges Slash Withdrawal Fees
Mar06

Cryptocurrency Exchanges Slash Withdrawal Fees

In the past week, three of the most popular cryptocurrency exchanges have cut bitcoin withdrawal fees by up to half. While the average price of sending bitcoin has been falling for weeks, these savings had yet to be passed on to exchange customers. Now Binance, Bitfinex, and Kraken have all reduced their fees amidst a backdrop of increased Segwit adoption and transaction batching. Also read: BTC Transaction Volume Reaches...

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