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Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower as Powell Claims There Are ‘Structural Issues’ With Cryptocurrency
28.9.2022
Bitcoin was back in the red on Wednesday, as U.S. Federal Reserve Chair Jerome Powell called for more regulation in decentralized finance (defi), citing “structural issues” as a key reason. The token fell below $19,000 on the comments, moving closer to a key support point as a result....
Crypto exchange Bitkub targeted by Thai SEC with wash trading claims
28.9.2022
2022 has proven to be a regulatory disaster for Thailand’s largest crypto exchange as it has faced multiple enforcement actions and fines worth hundreds of thousands of dollars
Ethereum Hard Fork Instigator Chandler Guo Claims the Value of ETH and Forked ETHW Will Be the Same in 10 Years
23.9.2022
The U.S. dollar value of the recently airdropped coin native to the forked Ethereum proof-of-work (PoW) blockchain will be at par with that of ether, Chandler Guo, the instigator of the latest Ethereum hard fork, has said. Guo added that he expects the value of the token, which is currently...
As Biden Drains the SPR Down to 1984 Levels, Chinese State Media Claims US Dollar ‘Is Once Again the World’s Problem’
21.9.2022
Two days ago, U.S. president Joe Biden was criticized for claiming inflation in America hasn’t increased during the past few months. “I’m telling the American people that we’re going to get control of inflation,” Biden stressed during his “60...
Destiny 2 Cheat Developer Claims Bungie Hacked Them In New Lawsuit
21.9.2022
It’s been a wild week for hackers making off with video game studios’ private files and using publishers’ services for their own gain. But this time, it’s a major studio accused of doing the hacking. A group of Destiny 2 cheat makers are suing Bungie for hacking into one of their computers. They...
SEC lawsuit claims jurisdiction as ETH nodes are 'clustered' in the US
20.9.2022
The SEC argues that as ETH validators are concentrated more densely in the United States, ETH transactions are seen as taking place in the country
ETHW confirms contract vulnerability exploit, dismisses replay attack claims
19.9.2022
The proof-of-work fork of the Ethereum blockchain was targeted by a cross-chain contract exploit
CFTC Prepares to Step up Oversight of Crypto Market — Says Many Digital Assets Are Commodities
19.9.2022
The Commodity Futures Trading Commission (CFTC) has shared with Congress its plans to regulate the crypto market with “full oversight capabilities” if the proposed Digital Commodities Consumer Protection Act becomes law. The regulator claims to have the right experience and expertise...
Where is Do Kwon? Terra Luna Boss Claims He’s Not on The Run From Law
18.9.2022
Do Kwon, founder of now-defunct blockchain firm Terraform Labs, has broken silence about the recent warrant authorizing his arrest, claiming that he is not on the run from the law....
Read More: Where is Do Kwon? Terra Luna Boss Claims He’s Not on The Run From Law
Michael Saylor Publishes Open Letter Discussing the ‘Sheer Volume of Misinformation’ Tied to Bitcoin
16.9.2022
The Microstrategy executive Michael Saylor is a big believer in Bitcoin as his company has purchased close to 130,000 bitcoin during the last few years. Six days ago, the U.S. Office of Science and Technology Policy published a report that claims proof-of-work mining operations have been affecting...
Justin Trudeau Slams Pierre Poilievre for Telling People They Can ‘Opt out’ of Inflation by Investing in Cryptocurrency
14.9.2022
Canadian Prime Minister Justin Trudeau has slammed Pierre Poilievre, the new leader of the Conservative Party of Canada, for telling people that they can “opt out of inflation” by investing in cryptocurrencies. Trudeau claims that his Conservative rival’s crypto advice is...
Bitcoin proponent claims PoS rewards aren't 'yields,' Vitalik snaps back
12.9.2022
Buterin responded to criticism by claiming PoW-based mining rewards are not much different from the PoS system, however, Wertheimer was quick to point out the differences
This Investor in Distressed Assets Sits on an 18x Gain from Mt. Gox Claims he Bought in 2017
8.9.2022
An investor in distressed assets has seen an 18x gain on claims he bought from creditors after the collapse of the infamous crypto exchange Mt. Gox, and he is now looking for more deals.
Thomas Braziel, an investor who has made a living out of buying up bankruptcy claims and other distressed...
Report: Judge in MTI Liquidation Case Issues Order Designating Bitcoin an Intangible Asset
8.9.2022
A judge in the collapsed online bitcoin trading platform Mirror Trading International’s liquidation case has issued a provisional liquidation order that outlines the criteria to be used when reimbursing investors. The order also reportedly directs the liquidators to regard bitcoin “as...
Vermont's financial regulator alleges Celsius and its CEO made 'false and misleading claims'
7.9.2022
According to the regulator, Celsius “lacked sufficient assets to repay its obligations” despite suggesting it had enough funds in its reserves to mitigate the risk of insolvency
Trezor and Wasabi to Implement a Coinjoin Mixing Scheme Into Hardware Wallets
7.9.2022
This week, the hardware wallet manufacturer Trezor, and the non-custodial bitcoin wallet with a built-in Coinjoin mixer, Wasabi, revealed the two teams are working together to introduce Coinjoin mixing into hardware wallets. On Sunday, Wasabi tweeted “hardware wallet Coinjoins are coming...
Crypto Ads in Thailand Must Feature Clear Investment Warnings, New Regulations Require
2.9.2022
Thailand has introduced tighter rules that will oblige crypto companies to duly inform potential customers of the investment risks on their advertisements. The new regulations also prohibit businesses in the industry from making misleading or exaggerated claims. Securities Watchdog Adopts Stricter...
CZ hits back at claims Binance is a Chinese company
2.9.2022
The Binance founder has also detailed some personal and business-related challenges he had to overcome from the Chinese government, even before the launch of Binance in 2017
Nigerian Central Bank Slashes CBDC Transaction Fees by 50%
30.8.2022
The Central Bank of Nigeria has said it is slashing transaction fees for the e-naira platform by 50% — a move which the bank claims will increase the volume of transactions on the central bank digital currency (CBDC) platform. The central bank also believes that wider adoption of the CBDC...
AVAX Soars After Avalanche Founder Denies ‘Gangster Style’ Litigation Claims
30.8.2022
The price of Avalanche’s native token AVAX soared in the market today, after Emin Gün Sirer, Founder of Avalanche developer Ava Labs, called claims that he has used litigation to fool regulators and harm competitors “categorically false.”...
Read More: AVAX Soars After Avalanche Founder Denies...