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June 30, 2022

Societe Generale Selects Swiss Crypto Custody Specialist Metaco for Security Token Push

Societe Generale Selects Swiss Crypto Custody Specialist Metaco for Security Token Push

Big banks and custodians have entered the “FOMO” stage when it comes to crypto, said Metaco CEO Adrien Treccani. French lender Societe Generale (GLE) has selected Swiss cryptocurrency custody firm Metaco to work with the bank’s digital asset subsidiary SG FORGE. The SocGen Metaco partnership will, for now, focus on security tokens, an area of expertise […]

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Ethereum K price support in danger as Q2 comes to a close

Ethereum $1K price support in danger as Q2 comes to a close

The latest ETH plunge has triggered a bearish continuation setup, with an interim downside target 20% below the current prices. Ethereum’s native token Ether (ETH) fell on the final trading day of Q2/2022, trading in sync with riskier assets amid persistent fears of higher inflation and rising interest rates. And it could result in further declines

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SAMSUNG TO BEGIN PRODUCTION OF 3NM CHIPS WHICH COULD BE USED FOR MINING BITCOIN: REPORT

SAMSUNG TO BEGIN PRODUCTION OF 3NM CHIPS WHICH COULD BE USED FOR MINING BITCOIN: REPORT

Samsung is reportedly trialing the production of 3nm foundry processing for chips enabling bitcoin miners to operate faster and with less power consumption. Samsung is reportedly in a trial production stage for 3nm foundry processing which could be used for mining bitcoin. The first customer will be PanSemi, a Chinese ASIC manufacturer and Qualcomm may

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North Korea is likely culprit behind 0 million crypto heist, researchers say

North Korea is likely culprit behind $100 million crypto heist, researchers say

KEY POINTS Hackers targeted Horizon, a so-called blockchain bridge that lets users swap tokens between different networks. There are “strong indications” that Lazarus Group, a hacking collective with strong ties to Pyongyang, orchestrated the attack, blockchain analytics firm Elliptic said in a blog post Wednesday. Harmony said it is “working on various options” to reimburse

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MicroStrategy Buys Additional M Worth of Bitcoin

MicroStrategy Buys Additional $10M Worth of Bitcoin

Not minding the losses accrued thus far, MicroStrategy Incorporated has continued to buy the dip, the latest of which is 480 units of Bitcoin (BTC) worth approximately $10 million. According to a Form 8-K filing lodged with the United States Securities and Exchange Commission (SEC), MicroStrategy said it “acquired approximately 480 bitcoins for approximately $10.0

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E-commerce Giant Ebay Files Trademark Applications Covering Wide Range of Metaverse, NFT Services

E-commerce Giant Ebay Files Trademark Applications Covering Wide Range of Metaverse, NFT Services

E-commerce giant Ebay has filed two trademark applications covering a wide range of products and services relating to the metaverse and non-fungible tokens (NFTs). Ebay’s NFT, Metaverse Trademark Applications Ebay Inc. (Nasdaq: EBAY) filed two trademark applications with the United States Patent and Trademark Office (USPTO) last week covering a wide range of products and

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Crypto market crash wipes out millions from North Korea’s stolen crypto funds

Crypto market crash wipes out millions from North Korea’s stolen crypto funds

North Korea leads the world in crypto crime, with over 15 documented instances of cyber theft amounting to $1.59 billion in stolen funds. However, the recent crypto market turmoil has wiped out millions of dollars from the country’s stolen crypto portfolio. The crypto market rundown that started in May wiped out hundreds of billions of

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