Bitcoin tip on Twitter could be available soon, Coinbase is giving out free BTC to those who have NOT been hacked and men invest more in crypto than women? Those stories and more this week in crypto.
Twitter could also move in a more Bitcoin-focused direction, as rumors surfaced that it will give users the option to tip Bitcoin through its new “Tip Jar” service. Leaked data from the beta code suggests that Twitter will integrate Bitcoin transfers over the Lightning Network with the support of Strike.
Popular crypto exchange Coinbase had an issue with their notification system that resulted in 125,000 customers receiving emails or texts stating that their two-factor authentication details had been compromised. Coinbase has since used social media to explain the bug and is rewarding all customers who receive messages with around $ 100 in BTC.
In El Salvador, many anti-crypto residents have taken to the streets to make their voices heard. Everywhere in the capital, San Salvador, people held up signs that exploded Bitcoin’s volatility and its links to illegal money behavior. The anti-bitcoin protests appeared to be part of a wider mobilization of retirees demanding higher payouts.
The American division of the popular crypto exchange FTX will soon begin offering crypto derivatives to its customers. The trading platform has bought the parent company of LedgerX LLC and will offer new products like crypto futures and options for those looking for exposure to digital assets like Bitcoin and Ethereum.
The US financial regulator SEC has filed charges against one of the most controversial cryptocurrency projects – BitConnect. The regulator claims it stole more than $ 2 billion from retail investors through an unregistered offering of digital assets until several US state agencies issued injunctions in late 2017 and eventually closed them.
Cream Finance decentralized crypto lending platform suffered a hack in which $ 34 million worth of crypto funds disappeared overnight. The company has taken full responsibility for the event, claiming that an error occurred that opened the door for the hacker to theft. Cream has given assurances that all affected users will have their funds replaced.
Financial giant Visa bought its first non-fungible token (NFT) for around $ 150,000. Designed by digital artist CryptoPunk, the NFT is stored on the Ethereum blockchain and held by Anchorage Digital, the first US bank to house such an asset. Visa said this is the first in a series of likely ongoing NFT purchases.
Crypto fans who also enjoy Dallas Mavericks games and who spend more than $ 150 in crypto on team-related goods will receive a $ 25 e-gift card. The giveaway, called “Mavs Cryptomania,” is the NBA team’s latest move to promote cryptocurrencies after the team added Dogecoin as a payment method earlier this year.
A study conducted by CNBC and Momentive suggests that women are not participating enough in the crypto space. According to the study, around 16 percent of men are invested in digital assets. This is more than double the number of women engaged in crypto, which is only around 7 percent.
That’s what happened in crypto this week until next week.
