Category: Cryptocurrency

Sep 01
California State Assembly passes bill for licensing and regulating crypto firms

The bill requires digital asset exchanges and crypto companies to have a license of operation in the state of California. 1524 Total views 32 Total shares Lawmakers in California State Assembly passed the Digital Financial Assets Law, also known as AB 2269, on Tuesday, Aug. 30,  The bill is now in the hands of the state’s […]

Sep 01
Tech giant Meitu loses over $43M of its crypto investment in bear market

Meitu was one among many public companies that purchased Bitcoin to hold as a treasury reserve during the peak of the bull run last year. 660 Total views 19 Total shares Hong Kong tech giant Meitu made headlines in April 2021 after it reported nearly $100 million in crypto holdings. However, with the onset of […]

Sep 01
Tens of Celsius clients ask US court to recover $22.5M in crypto

Suspension of withdrawals on Celsius custody contradicts the plain language of the firm’s terms of use, a group of disgruntled creditors argued. 651 Total views 28 Total shares The bankrupt cryptocurrency lender Celsius is facing more legal issues as disgruntled clients are taking action to recover their funds after the platform froze withdrawals in June. […]

Sep 01
Solved! Mystery owner of the huge Axie Infinity SLP wallet is revealed

After first raising concerns about the wallet, Michael Benko noted he was pleased to finally get an official answer about the mysterious whale wallet. 3056 Total views 38 Total shares After much speculation, the wallet hodling more than 22 billion of Axie Infinity’s total supply of in-game token Smooth Love Potion (SLP) has been identified […]

Sep 01
CoinGecko reveals the US state most interested in Bitcoin and Ethereum

The Golden State of California may be America’s most inquisitive state about Bitcoin (BTC) and Ether (ETH), new data from CoinGecko has revealed.  In a report shared by CoinGecko, internet users from California accounted for a whopping 43% of all Bitcoin and Ethereum web traffic searches on the crypto tracking website. This is despite the […]

Sep 01
Hackers try to sell NFT of Belarusian leader’s supposed stolen passport

Belarusian hackers claim to have gained access to the passport info of every Belarusian citizen, including president Alexander Lukashenko, allowing them to mint an NFT with his passport details. 551 Total views 68 Total shares A group of hacktivists called the Belarusian Cyber Partisans have been attempting to sell a nonfungible token (NFT) featuring the […]

Sep 01
Helium devs propose ditching its own blockchain for Solana

Internet of Things (IoT) blockchain network Helium could transition to the Solana blockchain following a new HIP 70 governance proposal launched on Aug. 30.  The Helium core developers said the need to “improve operational efficiency and scalability” was required in order to bring “significant economies of scale” to the network. The Helium network operates by […]

Sep 01
Sneaky fake Google Translate app installs crypto miner on 112,000 PCs

Crypto mining malware has been sneakily invading hundreds of thousands of computers around the world since 2019, often masquerading as legitimate programs, such as Google Translate, new research has found.  In an Aug. 29 report by Check Point Research (CPR), a research team for American-Israeli cybersecurity provider, Check Point Software Technologies, the malware has been […]

Sep 01
DC Attorney General sues Michael Saylor and MicroStrategy for tax evasion

“If you enjoy all the benefits of living in our great city while refusing to pay your fair share in taxes, we will hold you accountable,” said DC Attorney General Karl Racine. 1372 Total views 34 Total shares Karl Racine, Attorney General for the District of Columbia in the United States, has announced that his […]

Aug 31
South Korean authorities arrest 16 individuals connected to $2B crypto forex transactions: Report

More than $283 million of the $2 billion in crypto transactions were reportedly facilitated through illegal remittance agencies. 556 Total views 24 Total shares Authorities with South Korea’s customs service have reportedly arrested 16 people involved in illegal foreign exchange transactions connected to crypto assets worth roughly $2 billion. According to a Tuesday report from […]