The hunt for $1 million worth of bitcoin began in April, but participants were given a new zk-SNARKs-themed clue this week, which itself holds an additional $70,000 worth of bitcoin.
After an oracle error resulted in a trading bot receiving profits of 1,000 times their actual worth, an agreement between the bot’s owner and Synthetix saw the exchange platform get back 37 million synthetic Ether while the bot owner received a bug bounty.
With Bitcoin IRA offering hybrid crypto and fiat individual retirement accounts (IRAs) since 2016, the digital asset IRA firm has partnered with BitGo to launch crypto IRAs, allowing individuals to diversify their holdings among 12 different digital assets.
Speaking at the Crypto Valley Conference in Zug, Switzerland, Thomas Moser, an alternate member of the governing board at the Swiss National Bank, said Facebook’s Libra project has yet to sound any alarms for the Swiss National Bank and that the country’s regulators are “pretty relaxed” about it.
Big Three Credit Rating Agency Fitch Touts Facebook’s Fiat-Backed Libra As the wave of interest in Facebook’s stablecoin Libra continues around the world, it appears that Mark Zuckerberg’s foray into digital currencies has a new and powerful ally. Fitch, one of the big three credit rating agencies, gave it a thumbs up in a recent
Falling Third Quarter Profits Could Trigger Overdue Stock Market CrashStock prices follow earnings growth. The stock market reflects earnings expectations. That’s why analysts are concerned that the Q3 earnings forecast for the S&P 500 is for a decline of 0.3 percent, according to Factset data cited in CNBC. Declining earnings imply declining stock prices. Earnings
In PoolTogether’s Ethereum-based lottery, winners receive payment from interest earned on pools of the Dai stablecoin, while everyone else receives the price they paid for a ticket back. Backers of the Libra investment token, Facebook’s token released alongside Libra, will expect to earn a profit in a similar way.
After Kik claimed its blockchain saw more activity than both Ethereum and Bitcoin, data provider Coin Metrics found that while users were creating Kin accounts, 93% of them remained empty.
With fewer than 2% of Zcash users taking advantage of the network’s privacy features, Electric Coin Company developers and the Zcash Foundation hope a new blockchain with private transactions enabled by default will change how people use the network and its native coin, ZEC.
In a report published by the Bank for International Settlements, the “bank for central banks” asked that regulators keep banks in mind when they update and create new financial rules as Facebook and other tech companies enter the payments and custody business.