Markets

Gemini accused by a company victim of hacking?

Did the Gemini company somehow contribute to the $36 million hack that IRA Financial suffered? For IRA authorities, it seems the answer to the question is yes. They accuse Gemini of offering IRA Financial a system with a point of failure, which made it easier for hackers. The exchange is also accused of not having taken the necessary measures as soon as possible. A strained contractual…
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Markets

Mad Money host says cryptocurrencies aren't safe

Former fund manager, Jim Cramer is best known to the public as the host of the famous show Mad Money broadcast on CNBC since 2005. In particular, he shares investment advice on the shares of American companies with a certain impact on individuals. In a recent interview, the…
Markets

New York: Regulators Issue Stablecoin Guidelines

The New York Department of Financial Services (NYDFS) has established strict requirements for issuing and managing stablecoins. These measures aim to strengthen investor security. Stablecoins in the sights of NYDFS In a recent release, the New York State Cryptocurrency Regulatory Authority issued regulatory guidance for companies that issue cryptocurrencies. stablecoins. First of all, these…
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Markets

Jamaica likens CBDC to cash

The Jamaican Senate has authorized the Central Bank of Jamaica to issue the Jam-Dex which will be launched sometime in June. Jam-Dex is a digital currency called CBDC. Presented as an alternative to cash allowing the inclusion of unbanked people in the financial system, the CBDC Jamaican, the Jam-Dex, is the subject of a major public awareness campaign. Indeed, the new legislation expands the…
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Markets

Cronos launches $100 million startup accelerator

Cronos is launching an acceleration program for early-stage companies looking for funding, mentorship, or growth, among other support factors to get the initial traction started with the Cronos channel. Funding accompanied by intensive training Those accepted into the…
Markets

Solana overcomes network downtime

Solana has seen the enthusiasm around him cool somewhat due to the many outages the network is experiencing. In the first five months of 2022, the Solana network has already experienced five stoppages lasting several hours. The last outage occurred on June 1. A consensus had gotten stuck, causing the Solana mainnet to stop working. The cause of this failure was a runtime bug in the…
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