Tag: cointelegraph
The crypto community is concerned that the transfer could lead to the dumping of more than $500 million Bitcoin into the market. 5265 Total views 46 Total shares Embattled lending platform Celsius has transferred nearly 25,000 Wrapped Bitcoin (wBTC), worth $528.9 million, to crypto exchange FTX, prompting concerns from some in the community about whether […]
Plaintiffs claim that Solana’s SOL token is a centralized security with insiders profiting immensely while retail traders got rekt. 2088 Total views 36 Total shares Solana Labs is the latest crypto company to be hit with a lawsuit accusing it of promoting an unregistered security. The class action was filed on July 1 by Roche […]
The research firm said that the discrepancy is partially explained by the fact that the average crypto owner is “more likely to be wealthier, younger and male” than the average U.S. adult. 320 Total views 4 Total shares Consumer confidence is considerably higher among crypto owners than the average American adult, with crypto owners sitting […]
The leadership of the crypto-friendly charter city of Próspera in Honduras has hit back at reports it is facing a backlash from residents of the neighboring community of Crawfish Rock over its expansion plans. A Tuesday article from The Guardian reported the special economic zone, touted as an island paradise with low taxes/fiscal responsibility, luxury […]
The crypto custodial service and AI trading platform managed to lose nearly all of its customers’ assets by shorting LUNA, the Terra Classic native token. 1499 Total views 40 Total shares South Korean crypto investment startup platform Uprise reportedly lost around 99% of its assets worth about $20 million when it got liquidated shorting the […]
A new legal advisory notice from the US Office of Government Ethics prohibits any employee who owns cryptocurrency from working on Federal crypto regulation. 363 Total views 16 Total shares US government officials who privately own cryptocurrencies are now banned from working on regulations and policies that could affect the value of digital assets. A […]
Merge trials on testnets are essential to allow Ethereum developers and independent project developers to understand what they can expect when the actual Merge takes place. 162 Total views 31 Total shares Ethereum has now completed its second-to-last major Merge trial on the public test network Sepolia, paving the way for its transition to the […]
The firm cited better interest rates from traditional finance loans and regulatory risks in mulling the bond platform. 731 Total views 30 Total shares Porter Finance, a decentralized finance, or DeFi, protocol based on the Ethereum (ETH) blockchain, announced Tuesday that it was shutting down its bond issuance platform. In explaining the discussion, Porter Finance […]
Moving rigs from New York to Texas was part of Riot’s effort to reduce the firm’s operating expenses through lower power costs and eliminate “all third-party hosting fees.” 201 Total views 24 Total shares Crypto mining firm Riot Blockchain said it has begun relocating rigs from its New York data facility, with the majority intended […]
The two nations have agreed to share their investigation data on the ongoing crypto-related cases including Terra. 2473 Total views 33 Total shares South Korean justice minister Han Dong-hoon was in New York recently to discuss various ways in which the two nations can corporate on investigations associated with financial crimes, especially crypto-related crimes. Hoon […]