Cryptocurrency News
- Temasek slashes compensation for execs responsible for its $275M FTX investment
- Another dormant Ethereum wallet reawakens after 8 years, moving millions
- 7 presidential candidates have dropped clues about their crypto stance
- Ethereum’s Shanghai upgrade made it easier to detect criminals
- Turns out, it’s pretty difficult to insure crypto users and platforms
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Temasek slashes compensation for execs responsible for its $275M FTX investment
Cointelegraph.com News - 29 May 2023, 2:03 amWhile “no misconduct” was determined by Temasek’s internal review, staff involved with the FTX investment will see a dent in their pay package. Singapore investment firm Temasek Holdings has reduced compensation for the execs responsible for the firm’s investment into the now-defunct crypto exchange FTX. Temasek was once the second-largest outside investor of FTX, with 7…Read More
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Another dormant Ethereum wallet reawakens after 8 years, moving millions
Cointelegraph.com News - 29 May 2023, 1:27 amIts owner acquired the tokens during Ethereum’s ICO in 2015, when each ETH was worth only 31 cents each. An Ether (ETH) wallet that has been inactive since Ethereum’s ICO (Initial Coin Offering) in 2015, has suddenly awoken after eight years of dormancy, moving a total of 8,000 ETH in just two minutes.The wallet received the…Read More
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7 presidential candidates have dropped clues about their crypto stance
Cointelegraph.com News - 29 May 2023, 12:29 amThere are currently many from the Democratic and Republican parties bidding for the job of president. Here’s what they’ve said about crypto. In late 2024, citizens of the United States will take to the voting booths to elect their next president — a four-year term that could have a vast impact on the next crypto…Read More
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Ethereum’s Shanghai upgrade made it easier to detect criminals
Cointelegraph.com News - 28 May 2023, 11:58 pmStaking rewards following Ethereum’s Shanghai upgrade have made it easier for investigators to spot counterintuitive behavior by ETH holders. With its historic Merge event in September, Ethereum has become a proof-of-stake blockchain. The mechanism now used to confirm transactions relies on validators staking their Ether (ETH). Ethereum’s March upgrade, codenamed Shanghai, finally enabled stakers to…Read More
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Turns out, it’s pretty difficult to insure crypto users and platforms
Cointelegraph.com News - 28 May 2023, 11:30 pmA crypto insurance provider will typically assess at least 2,000 variables across 20 risk areas before they even consider insuring a platform, according to an insurance executive. Crypto insurance providers spend enormous amounts of time judging whether to provide coverage to a crypto company, and almost none of them offer assurances to individuals, insurance and…Read More