Revolut Data Breach Ends Up Exposing Personal Details Of Nearly 50,000 Users 14
The report from the State Data Protection Inspectorate confirms that the Revolut data breach may have impacted 50,000 of its customers. Revolut had recently encountered a malicious cyber attack that resulted in jeopardizing the company’s database temporarily. Leading fintech startup Revolut recently fell prey to a malicious cyber attack that...
Huobi Exchange's HUSD Stablecoin Loses Its Peg To The US Dollar 15
Stable Universal’s HUSD stablecoin has lost its peg to the US dollar  The stablecoin was earlier launched in 2018, in collaboration with the Huobi crypto exchange Huobi Bitcoin exchange’s stablecoin HUSD has lost its peg to the US dollar and is currently trading at $0.88.  HUSD Stablecoin Plummets To $0.88 ...
Report: Huawei & Chinese Government May Work Together on Blockchain 16
Huawei Delves Into Blockchain: Report According to a report from Alice Crypto, a blockchain industry member seemingly based in China, that was shared by popular cryptocurrency content creator BoxMining, Huawei might be getting into this nascent technological class. Every company in China is jumping on the Blockchain Boat. Huawei Blockchain...
Report
The Electric Coin Company (ECC), the for-profit firm behind the ongoing development of Zcash (ZEC), has published its Q3 transparency report. Despite recording significant financial losses, the privacy coin developer’s report revealed that it has not laid off any employees. ECC’s management operated on a monthly deficit of around 30%...
Gemini-job-cut
Crypto exchange Coinbase will be extending its hiring pause citing the current market conditions.  New York- based crypto exchange Gemini had also decided to lay off 10% of its workforce to focus on critical exchange products to navigate the current market crunch. The turbulent market conditions are forcing central crypto...
Bakkt Bitcoin Futures A Big Positive Say Crypto Insiders, Step Towards ETFs 18
Gary McFarlane, the cryptocurrency analyst at interactive investor, shares his thoughts – and those of other industry figures and experts – on Bakkt bitcoin futures. On 23 September Bakkt finally launches its physically settled bitcoin futures product – institutional customers can start depositing bitcoin from 6 September. But onboarding institutions into...