Search
BIS Says Crypto Weaknesses Have Materialized Following Market Sell-Off
23.6.2022
The Bank of International Settlements (BIS), the global body for central banks, claims the weaknesses in crypto that were pointed out before “have pretty much materialized.” BIS General Manager Agustin Carstens opined: “You just cannot defy gravity … At some point,...
Uganda Claims Exploration Surveys Discovered 31 Million Metric Tons of Gold
18.6.2022
While gold is often considered a scarce asset, Uganda explained on Wednesday that recently conducted exploration surveys indicate that there’s roughly 31 million metric tons of gold ore waiting to be mined in the region. Moreover, a spokesperson from Uganda’s Ministry of Energy...
Terraform Labs, Founder, Backers Sued on Claims That Investors Were Misled
18.6.2022
Elon Musk, Tesla, Spacex Facing $258 Billion Lawsuit for Promoting Dogecoin
16.6.2022
Elon Musk, Tesla, and Spacex are being sued for $258 billion over claims that they “are engaged in a crypto pyramid scheme (aka Ponzi scheme) by way of dogecoin cryptocurrency.” The lawsuit states that Musk and his companies “falsely and deceptively claim that dogecoin is...
Three Arrows Capital ‘Ghosted Us’ After USD 1M Went Missing, Trading Firm Claims
16.6.2022
The drama surrounding the troubled crypto hedge fund Three Arrows Capital is continuing, with one trading firm now saying USD 1m was removed from its trading account by the hedge fund, and that Three Arrows Capital’s co-founder Kyle Davies can no longer be reached....
Read More: Three Arrows...
OpenSea Claims Users Can Save 35% in Gas Cost Following Migration to Seaport
15.6.2022
OpenSea, the world's largest non-fungible token (NFT) marketplace in terms of trading volume, has announced a major migration which they say will enable users to save "an estimated 35%" in gas fees going forward.
The marketplace is migrating to a new Web 3 marketplace protocol called Seaport...
Tether Denies Claims of Asian Commercial Paper Backing, Exposure to Three Arrows Capital
15.6.2022
Stablecoin issuer Tether has denied that its commercial paper portfolio is 85% backed by Chinese or Asian commercial papers
El Salvador’s Finance Minister ‘Laughs off’ Claims of USD 40M Bitcoin ‘Losses’
14.6.2022
El Salvador’s Minister of Finance Alejandro Zelaya says he is “laughing off” international media reports that claim the nation’s bitcoin (BTC) adoption plans could scupper the economy and that they have left a USD 40 million hole in national finances....
Read More: El Salvador’s Finance Minister...
Twitter's Head of Marketing Denies Claims by Yuga Labs Co-Founder About a Social Media Attack
13.6.2022
Justin Taylor, Head of Consumer Product Marketing at Twitter, has questioned claims by Yuga Labs co-founder Gordon Goner that the project's social media accounts encounter a possible attack that would involve an insider at Twitter....
Read More: Twitter's Head of Marketing Denies Claims by Yuga...
Human Rights Advocates Insist Bitcoin ‘Provides Financial Inclusion’ — Refutes Claims in Critics’ Letter to US Congress
13.6.2022
Human rights defenders from 20 countries have insisted that bitcoin “provides financial inclusion and empowerment because it is open and permissionless.” Together with stablecoins, the cryptocurrency offers “unparalleled access to the global economy” for people from...
Yuga Labs co-founder prewarns possible attack, claims Twitter insider involved
12.6.2022
Gordon Goner warned about a possible incoming attack after receiving “credible information” that an insider from Twitter would help bypass the security of the social media accounts
Anchor dev claims he warned Do Kwon over unsustainable 20% interest rate
9.6.2022
Mr. B alleges that the platform was designed to only offer an interest rate of 3.6%, but that changed at the last minute
Binance Refutes 'Skewed' Money Laundering Claims
7.6.2022
Binance, the largest cryptocurrency exchange by trade volume, has hit back at reports associating it with criminality and money laundering
Elon Musk ‘Looking for Excuse’ to Ditch Agreement to Buy Twitter, Say Legal Experts After Fresh Bot Claims
7.6.2022
The Tesla boss Elon Musk’s USD 44 billion bid to buy Twitter may have hit the rocks, with some legal experts claiming that the billionaire may be using the 'preponderance' of bots on the social media platform “as an excuse to abandon or renegotiate” his deal....
Read More: Elon Musk ‘Looking...
Lawsuit Claims US Labor Department’s Crypto Guidance Is Unlawful
7.6.2022
The U.S. Department of Labor has been sued by a 401(k) plan administrator over its cryptocurrency guidance. “This lawsuit seeks to preserve the rights of American investors to choose how to invest money in their own retirement accounts.” U.S. Labor Department Sued Over Crypto Guidance...
Kim Dotcom Says ‘US Is Beyond Bankrupt,’ Digital Entrepreneur Predicts a ‘Controlled Demolition of Global Markets’
6.6.2022
On June 5, 2022, the entrepreneur and activist known as Kim Dotcom published a post on Twitter and said it “may be the most important thread” he ever makes concerning a major global collapse. In the thread, Dotcom specifically highlights the American economy and he claims...
A Newly Published Book Claims to Tell the ‘Real Story Behind Mysterious Bitcoin Creator’
5.6.2022
During the last 13 years, a great number of individuals have claimed to be the inventor of Bitcoin, but no single person has been able to prove this to the greater crypto community. At the end of August 2019, a marketing and public relations (PR) agency published a press release that featured a...
Terra Whistleblower Publishes Alleged Chat Log Between Do Kwon and Network Validators
2.6.2022
Over two weeks after the Terra LUNA and UST fallout, a whistleblower dubbed “Fatman” published an alleged chat log between the project’s co-founder Do Kwon, Terra validators, and infrastructure providers from the Terra blockchain community. If the chat log is legitimate, Fatman...
YouTuber Pulls Nintendo Soundtracks After Receiving Over 500 Copyright Claims
2.6.2022
DeoxysPrime, who runs a YouTube account with 165,000 subscribers that is home to all kinds of video game soundtracks, has had to remove their entire library of Nintendo music after receiving over 500 copyright claims from the trigger-happy company. Read more
Alleged Hydra Administrator Refuses to Provide Access to His Crypto Wallet, Report Claims
1.6.2022
A Moscow court has ordered the seizure of the crypto wallet of one of the alleged administrators of darknet market Hydra. Media reports reveal, however, that the man — who was arrested in Russia in mid-April — is refusing to share access to his presumed crypto stash with Russian...