After detecting the breaches, Marszalek said the firm quickly paused withdrawals, fixed the issue and “were back online in about 13 to 14 hours.” He added that the same day, “all of the accounts that were affected were reimbursed so there was no loss of customer funds.” Source link
Quick Take NEAR Foundation’s new CEO explains why she left banking for the blockchain world. From day one, her mission will be to define the NEAR protocol as the go-to place to build what’s increasingly being referred to as ‘Web3’. This feature story is available to subscribers of The Block Daily. You can continue reading …
NEAR Foundation’s new CEO on defining web3 and her return to the blockchain space Read More »
The cryptocurrency industry experienced a record year in 2021, not just in terms of new investors and rising mainstream acceptance, but also the introduction of an array of new investment products. This includes the much-awaited launch of the U.S’ first Bitcoin ETF, which followed years of rallying and provocation by digital asset enthusiasts. Even as …
Bitwise CEO thinks ‘next bull market in crypto is going to be driven by…” Read More »
advertisement To date, MicroStrategy has acquired more than 122,000 BTC — and now the company is looking at potential ways to “generate yield” from those holdings, according to CEO Michael Saylor. While Saylor stressed that “we have not taken any formal step here yet,” he nonetheless explained that the company is “really enthusiastic about the …
advertisement Twitter has named Parag Agrawal as CEO as Jack Dorsey steps down, according to an announcement today. Agrawal was formerly the CTO of Twitter and has worked for the company for 10 years. “I want to thank the Board for their confidence in my leadership and Jack for his continued mentorship, support, and partnership,” …
Twitter names Parag Agrawal CEO as Jack Dorsey steps down Read More »
The third aspect is really around anti-money laundering (AML). I think it is very important, because we don’t want to see this thing leveraged by bad actors to do things that are objectively bad for humanity. The solution for that is a kind of “soft KYC [know-your-customer]” rule. Let’s say you have KYC with Binance …
Regulating DeFi with Fireblocks CEO Michael Shaulov Read More »
advertisement Digital payment platform Square may become the next big thing in ASICs. In an October 15 tweet thread, CEO Jack Dorsey announced Square’s plans for Bitcoin mining: In addition to promising to “build in the open,” Dorsey emphasized the need for greater accessibility and decentralization of Bitcoin mining. The outsized role of the major …
Square is considering building Bitcoin miners, says CEO Jack Dorsey Read More »
Billionaire investor George Soros’ family office, Soros Fund Management, has invested in bitcoin, according to Soros Fund CEO/CIO Dawn Fitzpatrick. Fitzpatrick told Bloomberg in an interview on Tuesday that, “From our perspective again, we own some coins, not a lot, and the coins themselves are less interesting than the use use cases of DeFi and …
George Soros’ family office owns bitcoin, confirms CEO Fitzpatrick Read More »
Brian Brooks, the former head of the Office of the Comptroller of the Currency who became chief executive officer of BinanceUS this spring, has resigned. Brooks announced his move in a tweet Friday afternoon. He pointed to “differences over strategic direction” but did not elaborate. He began his role at the U.S.-based firm on May …
Brian Brooks resigns as CEO of crypto exchange BinanceUS Read More »
Twitter CEO Jack Dorsey has said that bitcoin will be a “big part” of the company’s future. This is the first time Dorsey has publicly spoken in such depth about how the world’s largest cryptocurrency could be integrated into Twitter’s products. On Twitter’s second-quarter 2021 earnings conference call on Thursday, Dorsey said bitcoin is the …
Bitcoin will be a ‘big part’ of Twitter’s future, says CEO Jack Dorsey Read More »